Did (or will) Unitus board members personally benefit from Unitus Equity Funds?
Absolutely not. Some Unitus board members did provide investment capital for Unitus Equity Funds (a separate commercial social venture fund setup in 2006). These investments either came through: (a) family/community foundations; or (b) personal investments with a commitment for all proceeds to be used for charitable purposes. So, 100 percent of any financial returns to board member-related investments are committed to further charitable activities. Q: What are the new philanthropic projects/activities for Unitus 2.0? There are many significant areas of market failure which deny the working poor the opportunity to thrive and reach their dreams and potential. Traditional international development approaches have continued to fail to deliver results. We are currently researching systems, approaches and strategies where we believe there is the potential for transformative impact to create large-scale, sustainable opportunities to reduce global poverty. We will be announcing more details so
Related Questions
- Will any members of the Unitus board benefit financially from their investment in Unitus Equity Group, Elevar Equity II or SKS?
- Should members of Congress be able to use their campaign funds and offices to benefit family members?
- Will any members of the Unitus board benefit financially from investments in Unitus Equity Fund?
