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 June 30, 2019, the market value of the Fund’s total investment assets was $1.23 billion.
  • Each year, the Rockefeller Brothers Fund is required by law to distribute 5% of its endowment for charitable purposes.

Fossil Fuel Divestment

  • The Rockefeller Brothers Fund announced it would divest from all fossil fuels in April 2014.
  • As of March 31, 2019, the Fund’s exposure to coal and tar sands is less than 0.2 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, 2019, the Fund’s total fossil fuel exposure is estimated to be 1.2 percent. (In April 2014, it was 6.6 percent.)

Impact Investments

  • The Fund defines impact investments as investments that both deliver market-grade returns and generate meaningful and measurable impact toward the Fund’s mission.
  • The Fund has set a current portfolio allocation target of 20 percent for impact investments.
  • As of June 30, 2019, the Fund has $166,200,000 committed to impact investments, or approximately 13.5 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 $266,588,543 in ESG investments, comprising approximately 21.7 percent of its total endowment, as of June 2019.

Further Reading

Inquiries

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

News and updates

Assessing Mission-Aligned Investment Efforts: Progress and Challenges

In partnership with Agility and individual fund managers, the RBF seeks to develop and refine approaches to assessing the nonfinancial outcomes of our mission-aligned investing.

A Dialogue about Democracy & Capitalism with Naomi Klein and Stephen Heintz

"The climate crisis is really the forcing mechanism: it is so big, so existential, so serious. But it reveals these bigger issues around humanity—the sense of fairness and justice and equality. Unless we reestablish an ethos of caring and sharing as a way of acting on this planet, we’re not going to solve this crisis.”

Investors Can Pursue Impact Without Sacrificing Returns, Perella Weinberg Partners Finds

In debunking the misconception that mission-aligned investing lowers expected returns, the paper emphasizes that there is no one-size-fits-all strategy for investors.

News and updates

RBF Progress on Fossil Fuel Divestment

As of December 31, 2018, the Fund’s total fossil fuel exposure is estimated to be 1.3 percent.