The Other 95%: Creating an MRI Program to Promote Your Mission with speakers Doug Kridler, The Columbus Foundation; Doug Stamm, Meyer Memorial Trust; Luther M. Ragin, Jr., F.B. Heron Foundation; Burt Sonenstein, Annie E. Casey Foundation; and Faith Brown, Vermont Community Foundation. Ann Lininger, Meyer Memorial Trust, moderates the discussion.
By law, many foundations must disburse 5% of their assets annually to support charitable work. Given the significant unmet needs in the communities we serve, a growing number of foundations recognize that we can and should harness more of our assets to support our missions. This panel will explore the emerging practice of mission related investing. We will examine how several foundations are deploying both PRIs and market rate investments to advance their service goals. We will discuss issues such as how to get started in the MRI field, staffing, representative investments, and the unique challenges that this work presents. The panelists will represent a wide range of foundations including large, small, regional, and community foundations with the unifying theme that mission related investing is for everyone- PRI Makers Network
Faith Brown is Vice President for Finance and Operations at The Vermont Community Foundation.
Douglas F. Kridler was named President and CEO of The Columbus Foundation in February 2002. He is the fifth president of the Foundation, a community foundation serving the central Ohio region since 1943. Prior to joining the Foundation, he served for over 17 years as the President of CAPA, which owns and operates performing arts centers in Columbus, Chicago, and New Haven, Connecticut. He currently serves on the board of the Executive Committee of the Columbus Downtown Development Corporation; is a member of the Core Leadership Council of the Greater Columbus Chamber of Commerce, where he also served for three terms on the board; and is a member of the advisory board of the Center for Effective Philanthropy, headquartered in Boston. He is a past chair of Experience Columbus.
Luther M. Ragin
Luther M. Ragin is Jr., Vice President of Investments for The F.B. Heron Foundation.
Burt Sonenstein is Vice President & Chief Investment Officer / Acting Vice President for Finance & Administration at The Annie E. Casey Foundation.