Forbes, Impact Investment — and the Arts

Never expected a major business magazine to cover impact investing in the arts and creative economy? Must mean it’s a great idea!

In fact, Forbes magazine dubbed Upstart’s founding partner Laura Callanan and Kelley Lindquist, CEO of Upstart’s partner Artspace, as entrepreneurs who #ChangeTheWorld.

You can read the article. You can watch the video. You can listen to the audio podcast (while keeping your New Year’s resolution at the gym….)

Find out why the creative economy is more than 4% of the US GDP, but art and culture are 0% of impact investing. And what’s being done to close that gap.

“Impact investing can unlock capital that allows artists
to accelerate their creative endeavors, enhance
the impact of their work and, in certain cases,
create sustainable social ventures in the creative economy.”
 
– Jack Meyercord, Head of Impact Investments at Bienville Capital

CREATIVITY.

An artist talks about the value of art.

INVESTMENT.

TPG Growth Plans to Start a Social Impact Fund.

IMPACT.

Independent work: Choice, necessity, and the gig economy.

Read

Hyperallergic: It’s Time for US Museums to Divest From Immoral Industries

American Alliance of Museums: Museums Discover Impact Investing

ImpactAlpha: Impact investments are beginning to show up in the endowments of U.S. art museums

Philanthropy News Digest: Cultural Capital: The state of museums and their investing

TheNonProfitTimes: Museums Late To Impact Investing Party

Fin News: Museums With Long Road To Reach Impact Investment Adoption Of E&Fs: Survey

artnet: Just a Third of Museums Are Investing Their Endowments in Socially Responsible Ways, a Study Found. Here’s How They Can Do Better

The New York Times: How Museums Invest

Barron’s: Most Museums Don’t Put Their Money Where Their Values Are

Worth Magazine: Museum Boards And Donors Need To Examine Where Endowments Are Invested

Americans for the Arts: How America’s Arts Organizations Can Invest Their Values

The Art Newspaper: How museums can ethically invest their money

American Alliance of Museums: Investing for Values and Mission

The Art Newspaper: ethical investment options should come easy

Financial Times: Museums should lead in socially responsible investing

Read