Nine foundations and family offices recently announced the launch of the Tipping Point Fund (TPF).
The Tipping Point Fund aims to boost field-building efforts in impact investing and maintain both the growth and integrity of the impact investing market.
This donor collaborative has $12.5 million in initial funding. The inaugural funders include such heavyweights as Ford Foundation, Omidyar Network, the Rockefeller Foundation and the MacArthur Foundation. The U.S. Impact Investing Alliance will manage operations.
The Fund has two focus areas: public engagement and policy and data, metrics and measurement.
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When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.