FYI: Nathan Powell is a man on a mission.
As CEO of Impact Shares, the first nonprofit ETF issuer, Powell wants to modernize the way charities—and donors—think about using money to make a difference.
"ETFs are almost the perfect engagement vehicle for nonprofits," he said. "We can use ETFs to bridge capital to cause."
In late November, the firm announced partnerships with two prominent charities, the National Association for the Advancement of Colored People (NAACP) and the YWCA Metropolitan Chicago, to bring single-issue socially responsible ETFs to market.
Regards,
Ted
http://www.etf.com/sections/features-and-news/social-alpha-nonprofits-dive-etfs-0?nopaging=1
