The U.S. Impact Investing Alliance today announced its spinout from the Ford Foundation following the completion of a four-year incubation period. The organization will be fiscally sponsored by New Venture Fund, a 501(c)(3) public charity, and the Alliance will now have more flexibility to work with stakeholders and engage with policymakers to help further develop the field and practice of impact investing. Darren Walker, President of the Ford Foundation, will continue to serve as Chair of the Alliance’s Advisory Board.

Fran Seegull, Executive Director of the U.S. Impact Investing Alliance: “We are extremely grateful for the partnership and support of Darren Walker and the Ford Foundation as we worked to establish the Alliance as a powerful and influential voice in the impact investing industry. We look forward to building on this work and continuing to work with partners like Ford and others to advance this market and help solve our most urgent social, economic and environmental challenges.”

The Alliance will continue its work in 2021 through projects, initiatives and collaborations that are consistent with the organization’s long-term vision “to place measurable social and environmental impact alongside financial return and risk at the center of every investment decision.”