A foundation’s investments could do as much good as its grants, potentially

Published on May 25, 2026 10:44 AM GMT I used an LLM to help draft this post and create images; I’ve rewritten it extensively and endorse it. Exec summary I think foundations should put more effort into having impact through their investments (confidence: high). I more tentatively think that doing so could lead them to have as much impact again as they have through their grants (confidence: lower). Foundations expend a lot of effort on making effective grants. And rightly so. But imagine a found