Mission-Aligned Investing At A Glance

General

• The mission of the Rockefeller Brothers Fund is to advance social change that contributes to a more just, sustainable, and peaceful world.
• As of July 31, 2020, the market value of the Fund’s total investment assets was $1.267 billion.
• Each year, the Rockefeller Brothers Fund is required by law to distribute five percent of its endowment for charitable purposes.

Fossil Fuel Divestment

• The Rockefeller Brothers Fund announced it would divest from all fossil fuels in September 2014.
• As of March 31, 2020, the Fund’s exposure to coal and tar sands is less than 0.1 percent of our total portfolio. (At the time of the RBF’s first comprehensive analysis of its exposure in April 2014, it was 1.6 percent.)
• As of March 31, 2020, the Fund’s total fossil fuel exposure is estimated to be 0.8 percent. (In April 2014, it was 6.6 percent.)

Impact Investments

• The Fund defines impact investments as investments that both deliver market-rate returns and generate meaningful and measurable impact toward the Fund’s mission.
• The Fund has set a portfolio allocation target of 20 percent for impact investments.
• As of July 2020, the Fund has $204 million in impact investments, or approximately 16 percent of its total endowment.

ESG Investments

• ESG stands for environmental, social, and governance screening criteria.
• In addition to its impact investments, the Fund has $282 million in ESG investments, comprising approximately 22 percent of its total endowment, as of July 2020.

Further Reading

• Endowment Summary
• Divestment Statement [PDF]
• Investment Policy [PDF]
• Mission-Aligned Investment Efforts [PDF]
• Proxy-Voting Guidelines [PDF]
• Case Study: Investors Can Pursue Impact Without Sacrificing Returns [PDF]
• Assessing Mission-Aligned Investment Efforts: Progress and Challenges [PDF]
• Aligning Investments with Our Mission: Diversifying Investment Managers [PDF]

Inquiries

• For media and public speaking inquiries, please contact Sarah Edkins Lien, Director of Communications, at [email protected]