Our Impact

Overview

Measuring impact – both social and financial – remains a major challenge for social investing, if not for philanthropy in general. The Kellogg Foundation’s mission-driven investing program is a learning experiment that is testing whether and how strategically selected financial portfolio investments across asset classes can generate investment returns of 6-8% while also delivering social change outcomes and impact consistent with the Foundation’s mission.

To do this, the Kellogg Foundation is working to track the following information for each investment:

Financial

• Investment (name of organization or fund)
• Asset class (cash, fixed income, private equity, and real estate)
• Amount
• Due Date (maturity or term)
• Ownership stake (percentage of venture held by the Kellogg Foundation)
• Financial return (contractual or targeted range)
• Strategy (education and learning, family economic security/wealth creation, and food, health and well-being
• Geography (Michigan, Mississippi, New Mexico, and New Orleans)

Social Metrics

• Products and services (number and/or dollar amount)
  • Jobs (number)
  • Capital flow to low- and moderate-income communities (dollar amount)
  • Housing units (number)
  • Small/family businesses (number)
  • Consumer loans (number and dollar amount)
    
• Beneficiaries (number)
  • Vulnerable children reached (number)
  • Vulnerable families reached (number)
    
• Other
  • Philanthropic giving for vulnerable children and families leveraged (number and dollar amount)
  • Philanthropic giving influenced to benefit vulnerable children (number and dollar amount)