Kim Wright-Violich, founding CEO of Schwab Charitable, Charles Schwab & Co.’s donor-advised fund (DAF), grows it from start-up to second largest DAF in the US. In 2004, Schwab Charitable offers SRI funds and in 2008 it pioneers a microfinance fund, first impact investment on DAF platform
Christina Leijonhufvud creates and launches JP Morgan’s Social Finance business, a first-of-its-kind investment banking unit that publishes research on impact investing, makes proprietary investments in impact funds, and structures and distributes innovative impact products to clients
Ben Thornley, as the director of Pacific Community Ventures’ (PCV) consulting practice, initiates a global research and convening effort focused on the role of public policy in catalyzing impact investment, underwritten by one of four $1+ million grants from the Rockefeller Foundation for impact investing field-building
Seminal JP Morgan report co-authored by Christina Leijonhufvud provides the first and most cited institutional-quality evidence that impact investing will establish itself as an important investment movement
The White House invites Ben Thornley to make the first expert presentation to the G8 Social Impact Investment Taskforce, which becomes the Global Steering Group on Impact Investment (GSG)
Ford Foundation hires Tideline to redesign its Program Related Investment (PRI) strategy with social justice lens, in the process identifying anchor market sectors for a $1 billion Mission Related Investment (MRI) commitment. Tideline returns to develop Ford’s impact management system
Tideline sets the strategic direction for the Office of Private Capital and Microenterprise at USAID, later partnering with DAI to create the USAID INVEST platform
Tideline, in partnership with Cathy Clark (Duke University) and with the support of the Omidyar Network, establishes the need for segmentation in a rapidly growing impact investment market and coins the term “impact classes,” laying the groundwork for the launch of the Impact Management Project
With the emergence of impact management as a distinct technical discipline, Tideline works with theUnited Nations Development Programme to conceive of the SDG Impact initiative for standard-setting
Tideline, in partnership with Impact Capital Managers (ICM), publishes Alpha in Impact documenting companies outperforming financially, for reasons related to their impact
Tideline publishes “Making the Mark” report featuring the results and takeaways from the first 13 verifications of investor alignment with the Operating Principles