Key 2021 trends for the endowment, foundation, and nonprofit marketplace. COVID-19 has led many nonprofits to reassess their endowment strategies, fundraising goals, and strategic plans as the country starts to recover from the pandemicWhile the stock market finished strong in 2020, and continues its strength in mid-2021, nonprofit boards continue to review their endowment strategies and strategic plans.
June 9, 2021—M&T/Wilmington Trust has a proud history of valuing diversity and being active supporters of the LGBTQ community. However, sustainable investing is distinct from our organization’s philanthropic efforts as we are not looking to give up returns in exchange for supporting causes that align with our values. Rather, we see diversity (in all its forms) as a material financial factor for analysis.
What began decades ago as a fringe notion of investing to make the world a better place has soared in popularity in recent years. To understand what’s meant by sustainable investing and the efforts to align one’s principles with their investment principal and financial goals, we turned to Steve Norcini, head of sustainable investing for Wilmington Trust, and manager of its ESG Equity Strategy.