But I think building it into a specific transation might muddy the water more than not. We get variations the same question frequently. Why would I continue to give to an organization that someone else was making a profit on. How do I know know I am not subsidizing someone else’s return. Our current answer is that organizations are complex beasts that take a variety of capital. And the organizations we are looking at need risk capital that expects an appropriate return.

We are finding that investors get the idea of a separate class of assets. They have lower expectation of return and a higher expectation of social good.

The other benefit is with this separate investment bucket we can actually begin to rationalize and therefore hold people accountable for this new market of investments.