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February 06, 2017
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Surdna Foundation Commits $100 Million to Impact Investments

Surdna Foundation

Barbara Armand, owner of the construction management firm Armand Corporation, says her company saw significant growth after receiving investments from the Business Outreach Center Network, which the Surdna Foundation is supporting.

The Surdna Foundation plans to put $100 million of its roughly $1 billion endowment into investments that seek both financial and social returns.

The investments are an experiment, says Shuaib Siddiqui, Surdna’s director of impact investing.

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