Home
About Us
Billionaire Lukas Walton's Family Office Accelerates Impact-Investing Push
Foundation: Initiative Foundation
The billionaire grandson of Walmart founder Sam Walton has announced a major shift in how his family's $1 billion endowment will be spent.
Lukas Walton, 36, says 90% of the endowment will be invested in "mission-related" investments that focus on "sustainable and equitable solutions" to some of the world's biggest problems, the Chicago Tribune reports.
Most foundations invest around 20% of their endowment in so-called ESG or impact investments.
"If we are going to make lasting change happen, we need our mission to show up in everything we do, especially in how we commit our resources," Walton says in a press release.
Walton is the president and COO of Builders Vision, a family office that has more than $4 billion in assets.
It's one of a growing number of family offices investing in social change.
A Credit Suisse survey of family offices found that nearly half plan to increase their sustainable investing over the next few years.
"This next generation is unstoppable," says the head of Sustainable and Impact Advisory and Thought Leadership at Credit Suisse.
"They are bringing out the best of free markets and of social innovation."
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Rad AI announces an additional $8 million investment led by four health systems.Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System lead the investment.Rad AI...more
MedTech CellCentric has raised 90m in fresh funding.The money will support the advancement of the Cambridge company's oral treatment for multiple myeloma, inobrodib.The financing was co-led by RA...more
Impact investing can be a valuable financial tool for private-market investors seeking to manage risk.Impact funds direct capital to companies that generate impact environmental and social...more
Impact Investing Principles for Pensions updated to reflect changing market environment.Pensions Age Magazine is published by Pensions & Investment Association.For more information, visit...more
Measuring AI's impact requires clear metrics.To evaluate AI's return on investment (ROI), healthcare organizations focus on four key metrics in the contact center.Narrowing AI implementation to...more
"World Calls on China to Lead": Urgent Climate Demands Escalate Ahead of Pivotal Global Sustainability Transition Conference.China is positioned to lead global climate action with its dominance in...more
Report outlines four high-impact intervention areas from education and prevention to surveillance and treatment to guide funders and partners.AMR could cost Asia up to US$700 billion by 2050 and...more
The McGregor Lakes Area Foundation (MLAF) continues to make a meaningful impact by investing in the people and programs that strengthen the region.MLAF is a non-profit 501(c)3 organization based in...more
Leuven's Pilot City Activity aims to decarbonise heating in the city.The new heating systems will rely on green heating technologies that minimise environmental impact by reducing fossil fuel...more
National Planning Secretary Koney Samuel says the government must focus on high impact investments to transform the economy in the next five to 10 years.Mr Samuel said the country cannot afford to...more
Social Innovation News from...
MacArthur Foundation
Skoll Foundation
Rockefeller Foundation
Changemakers
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
