Investment: The Pillars of Stronger Foundation Practice is the fifth report emerging from ACF's Stronger Foundations initiative. It sets out seven characteristics of excellent practice, which include prioritising mission when setting investment objectives, holding investment managers to account, and seeking to influence the investment behaviour of others.
Informed by 18 months' gathering evidence, the report also emphasises the role of each and every trustee in engaging with the foundation's investments, and seeks to demystify investments by providing clear explanations and examples. It also highlights the importance of seeking a wide range of views, ensuring diverse voices are heard and learning from peers in the foundation sector and beyond.
It complements previous reports from the Stronger Foundations initiative which encourage foundations to consider using 'all the tools in their toolbox' to achieve impact.