The working group aims to establish a list of actionable recommendations as a starting point for the group for further action. Based on the challenges outlined above, potential recommendations are:
Research and engagement on enabling policy for foundations to participate in impact investing transactions
Awareness-raising and knowledge building
Development of a pipeline of opportunities for foundations to invest in and/or learn from
With the right tools and knowledge, South Africa’s endowed philanthropic foundations could use their full asset base to leverage traditional capital pools toward market-based solutions. These solutions address key socio-economic challenges of inequality, unemployment and poverty using investing for impact strategies and blending models. While gaining traction abroad, South African foundations have not yet fully exploited this opportunity.
The deliverables of this working group are to develop enabling policy recommendations, materials, guides, tools and/or frameworks that foundations could use to effectively use investing for impact strategies and blending models. The working group seeks to support the following outcomes: