Can You Be Both a Philanthropist and an Impact Investor?
Entrepreneurs' Organization
SEPTEMBER 7, 2016
According to Mark Cheng and Laura Kromminga of Ashoka, one of EO’s partners, a new type of fund allows entrepreneurs to start their own foundations without the hassle of set-up costs and extensive administrative tasks. A Donor Advised Fund (DAF) is a new philanthropic tool that’s ground-breaking because “before granting out the money, a DAF, with donors’ permission, can use the funds for impact investing.” Read more about DAFs in this recent article published on Ashoka
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