Impact Assets
Date: 2015
Asset Class: Revenue Sharing Investment
Description: Impact Assets is a platform that hosts our Excelsior Impact Fund donor advised fund. Impact Assets allows advisers to recommend impact investments as well as grants. This investment is a revenue sharing arrangement that allowed Impact Assets to have needed operational funds at a critical point in their development.
Why We Invest: Impact Assets is a non-profit and a necessary part of the impact infrastructure. Assets under management and revenues are running ahead of plan so the arrangement has met or exceeded targets.