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"No matter how hard we work, until we get our capital aligned, we're not going to fix the problems," Cory Donovan, executive director of ImpactPHL, tells Technical.ly.
That's why the nonprofit in Philadelphia is holding its annual Total Impact Summit on May 1-2, where more than 85 speakers from impact investing, foundation, social finance, and venture capital will discuss how to use capital to create positive change.
"Do you know where your 401K is being invested? Most people don't, but where your investments go mattersa lot," Donovan says.
"For example, you can give time and money to causes that fight the gender wage gap and say you support equal pay for women," he explains.
"But if you're investing in companies that don't pay women as much as they pay men, then you're inadvertently helping perpetuate the problem."
Impact investing is a more advanced version of " values-aligned investing," in which assets are invested in ways that align with one's values.
For example, Triple Bottom Brewing, a social enterprise based in Philadelphia, might be investing in racial justice, Donovan says.
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A customized collection of grant news from foundations and the federal government from around the Web.
Coral Vita: Over $8 million Series A Raised For Scaling Reef Restoration.Coral reefs support 25% of marine life and generate about $2.7 trillion annually.coral reefs face dire threats from climate...more
Community Impact Investing: Evaluating Nonprofits and Corporate Grants as Strategic Opportunities.In an era where ESG investing is reshaping capital markets, corporate philanthropy has emerged as a...more
Climate tech startups and investors have weathered a reality of rising interest rates, constrained capital markets, and geopolitical headwinds.This session will unpack the current state of early...more
California must consider how to increase interest in teaching and lower the cost of and barriers to entering the profession.AB-1128, a bill under consideration in the legislature, proposes a...more
Mondelēz's Sustainable Futures Impact Investment platform said the capital "further advance[s] scalable, high-impact solutions at the nexus of climate, community, and circularity" The companies...more
South African recycling startup Regenize has secured an undisclosed investment from E Squared Investments.The deal combines philanthropic goals with venture capital methods to support scalable,...more
Cambridge-based Remedium was named winner of the Climate Impact Prize at the Net Zero Technology Centre's annual TechX Demo Day in Aberdeen.The prize is given to the startup with the most promising...more
Sustainable Times is a media partner for this event, which takes place on June 24-25, 2025, at ExCeL London, as part of London Climate Action Week.RESET Connect provides a network of potential...more
Rad AI announces an additional $8 million investment led by four health systems.Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System lead the investment.Rad AI...more
MedTech CellCentric has raised 90m in fresh funding.The money will support the advancement of the Cambridge company's oral treatment for multiple myeloma, inobrodib.The financing was co-led by RA...more
Impact Investing News from...
Weingart Foundation
Venture Philanthropy Partners
Rockefeller Foundation
Social Entrepreneurship
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