ImpactAssets

ImpactAssets is a nonprofit financial services firm that manages donor-advised funds, focusing on impact investing to channel capital into social and environmental projects. The organization provides philanthropic solutions and impact investment platforms, aiming to increase capital flows to sustainable social enterprises and ESG-aligned causes. As of 2023, it manages over $3 billion in assets under management (AUM) and has facilitated over $1 billion in cumulative grants. ImpactAssets serves purpose-driven individuals, wealth managers, family offices, foundations, and corporations, supporting sectors like environmentalism, racial equity, and economic redistribution. It also engages in field-building initiatives, such as the IA 50 database of impact fund managers. ImpactAssets was founded in 2010 by Tim Freundlich, Ron Cordes, and Wayne Silby. Its business model centers on operates as an independent 501 nonprofit managing donor-advised funds and impact investment products, funded through assets under management and partnerships with donors, foundations, and institutional investors.