To the Editor:
We appreciated The Chronicle covering this week’s Mission Investors Exchange conference (“Foundation CEOs Struggle to Boost Mission Investing,” May 12). The piece by Alex Daniels, however, missed the spirit and focus of the conference.
The conference was a testament to the increasing commitment to impact investing. More than 500 people from a diverse range of institutions — from the largest national philanthropies to family and community foundations — came together to explore how to do more to align their assets with mission. This was by far our largest conference ever. The vast majority of attendees are already doing impact investing, and the foundations profiled in The Chronicle’s story have been enthusiastic leaders in encouraging bigger and bolder impact investments.
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