IMPACT INVESTING
We believe that all investments have impact. We believe our fiduciary duty requires us to consider all relevant facts and circumstances, including the relationship between an investment and KFF’s charitable purpose. Therefore, we strive to know the impacts and that they are aligned with our mission and purpose.
We use the following approaches for investments across the total portfolio.
VALUES ALIGNED
Negative screens of companies with non-aligned business practices such as tobacco or fossil fuels.
Positive tilts toward companies with aligned practices such as renewable energy.
ESG INTEGRATION
Incorporate environmental, social and governance factors into public securities
THEMATIC
Targeting specific sectors such as education, sustainable forestry, and financial wellness
CATALYTIC
Investments are tied in a very direct way to the Kelley Family Foundation’s charitable purpose.
These investments may not have traditional “risk adjusted return” characteristics but have the opportunity to be transformative.
At the end of 2022, 99% of the investments (except only a small amount of working cash) had aligned impact.