U.S. Impact Investing Alliance celebrates new appointment for the key group of philanthropic leaders dedicated to practicing and promoting impact investing

The Presidents’ Council on Impact Investing (Presidents’ Council) announced the appointment of Tonya Allen, President of the McKnight Foundation, as its newest Co-Chair.

Allen joins Don Chen, President of the Surdna Foundation, in leading the group, which comprises the heads of 20 U.S. foundations with more than $80 billion in combined assets and a shared commitment to practicing and promoting impact investing to create a better future. Allen succeeds Darren Walker, President of the Ford Foundation, who served as an inaugural Co-Chair and led the group’s efforts to coordinate support for the impact investing ecosystem.

“I'm honored to join Don and take the baton from Darren as Co-Chair of the Presidents’ Council,” Tonya Allen shared. “I look forward to working alongside the Council's members to create and pursue an ambitious shared vision for the future.”

The U.S. Impact Investing Alliance convenes the Presidents’ Council to pursue shared learning, deepen commitments to impact investing and foster opportunities to pool investment and grant capital to catalyze the growth of the field.

“Tonya brings an invaluable perspective to our work as a powerful impact investing leader who is as passionate about addressing climate change as she is about racial equity,” said Fran Seegull, President of the U.S. Impact Investing Alliance. “We look forward to working with her and the entire Presidents’ Council to help mainstream impact investing and continue to build this field.”

Read the full press release.