Our Insights

September 2016

The Foundation of Good Governance for Family Impact Investors: Removing Obstacles and Charting a Path to Action

Erin Harkless, Rebecca Carland


Before incorporating impact investments into their portfolios, we encourage families to define the overall context for their impact investments. Our contextual framework—focused on purpose, priorities, and principles—establishes the base of impact strategy and guides the development of governance structures. These elements will help ensure that family values and decision-making processes are advantages rather than obstacles in pursuing impact investing goals and objectives