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FAQs
Q: What is the focus area of Investors' Council members? A: The Investors' Council is not restricted to a sector, asset class, geographical focus, or type of institution. A goal of the organization is to get different types of investors to collaborate with peers from around the world. The Investors' Council actively encourages the formation of working groups with more targeted focus as it allows investors to collaborate closely with investors who have shared interests.
Q: Who is eligible for the Investors' Council? A: Investors who are currently active impact investors at institutional scale and interested in developing the global impact investing industry. This includes asset owners and asset managers. Investment funds are also eligible as long as they have raised sufficient funds to begin making investments.
Q: How does an investor become a member? A: GIIN staff will work with prospective member to understand eligibility. For questions please email Amit Bouri at Abouri@globalimpactinvestingnetwork.org
Q: What is the duration of the membership? A: Membership begins on October 1, 2009 and will be renewed annually. We are currently formalizing membership in advance of this date so we can help establish the nature of the Investors' Council membership from the moment the organization is launched. We are in the process of building out the capacity of the GIIN staff so we chose to begin the official membership in two months to allow us to deliver high quality services from the beginning of the formal membership period.
Q: What are the member donations used for? A: Donations are used to support the activities of the Investors' Council, including high-quality staff support. They also ensure accountability to the members so the organization continues to respond to the needs of the leading impact investors.
Q: How do members get the most out of their participation? A: The strength of the community will be driven by each member's contribution to a culture of collaboration. We ask that members actively support one another in their impact investing activity. The GIIN staff will work to support this culture, but it is important that the bonds of the network continue to develop across the global membership and not exclusively through the GIIN staff. It will be important for members to keep the staff informed of their collaboration so services can be effectively targeted.
Q: How do the Investors' Council activities relate to the other GIIN initiatives? A: The other GIIN initiatives will continue to benefit greatly from the Investors' Council. The GIIN staff will look to Investors' Council members to inform and participate in other GIIN initiatives like the Impact Reporting and Investment Standards. Given their leadership in the impact investing industry, Investors' Council members will be particularly well-positioned to identify new opportunities for the GIIN to support the industry's growth. They are also well positioned to guide the development of initiatives and help drive their uptake in the industry.
Q: How is the GIIN formally structured? A: The GIIN is operating under the fiscal sponsorship of the Rockefeller Philanthropy Advisors (RPA), which allows it to be fully operational while it waits for the IRS to grant its 501(c)3 designation. RPA has created a Special Project Fund for the GIIN, which will be the entity receiving contributions from external sources, and disbursing grants and related program expenses relevant to the Special Project's charitable purpose. RPA provides support for the GIIN, including financial and human resource management. This arrangement allows the GIIN to focus our resources on implementing its programmatic agenda instead of back-office administration.
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