National Philanthropic Trust Launches New Impact Investment Options for Donor-Advised Funds
August 10 2017 - 9:00AM
Business Wire
Impact ETFs added to expanded investment
line-up to help donors increase their philanthropic impact
National Philanthropic Trust (NPT) announced today the addition
of four new impact investments to its donor-advised fund investment
menu. The investments, all iShares ETFs, will offer donors
investment options that have both social and financial returns.
“These new investments will offer our donors another way to
increase their charitable impact,” said Eileen Heisman, President
and CEO of National Philanthropic Trust. “There is a lot of
interest in and research on impact investments right now. We want
to honor our donors’ desire to create a double bottom line by
investing their donor-advised fund assets to generate a social and
financial return.”
NPT added the following impact investments to its investment
menu:
- iShares MSCI EAFE ESG Optimized ETF
(ESGD) – an index of developed market global companies that
have been selected and weighted for positive environmental, social
and governance characteristics. Companies are rated against a
broader index based on risk factors related to environmental (e.g.,
carbon emissions, water use, toxic waste), social (e.g., labor
management, health & safety, sourcing), and governance issues
(e.g., corruption, fraud, anti-competitive practices).
- iShares Sustainable MSCI Global
Impact (MPCT) - tracks the MSCI AWCI Sustainable Impact
Index and is composed of global companies that derive at least 50%
of their revenues from products and services that further the
United Nations’ Sustainable Development Goals. These goals focus on
health and diet, sustainable energy and education.
- iShares MSCI KLD 400 Social ETF
(DSI) - tracks a market-cap weighted index of 400
companies deemed to have positive environmental, social and
governance characteristics and explicitly excludes firms that are
significantly involved with weapons manufacturing, “vice” products,
nuclear energy and genetic modification. The fund’s strategy is to
overweight the technology sector and underweight both the financial
and industrial sectors.
- iShares MSCI ACWI Low Carbon
Target ETF (CRBN) - tracks the MSCI ACWI Low Carbon Target
Index and is comprised of stocks of global firms selected for a
bias toward lower carbon emissions.
About National Philanthropic Trust
Founded in 1996, NPT is the largest, national independent
Donor-Advised Fund sponsor and has raised $8 billion in charitable
contributions. NPT currently manages $4.3 billion in charitable
assets and has made more than 178,000 grants totaling $4.3 billion
to charities around the world. NPT annually publishes the
Donor-Advised Fund Report, the industry’s authority on the state of
DAF giving. In 2016, NPT published HistoryofGiving.org, the most
comprehensive narrative about the past 500 years of philanthropy,
including rarely accessed images, videos and documents. More at
NPTrust.org.
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Media:For National Philanthropic TrustRichard Virgilio,
973-879-9080richard@virgilio.media
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