Michael Leven knows the value of having a plan and pursuing it with great discipline. It’s an approach that, over a 50-plus-year career, has helped him become an icon in the hotel industry and one of franchising’s most innovative leaders.
Impact investing, harnessing the foundation’s endowment capital to drive its goals and mission, is having a moment. Hailed as “the next generation of innovation in philanthropic impact” by The Ford Foundation, impact investing represents a brand new approach for some philanthropists. But for Kristin Hull, impact investing has been the warp and woof of her foundation right from the start.
In the late 80s, Dr. Richard Boas, 63, became the adoptive parent of a girl born in Korea. Almost 20 years later, he accompanied the staff of the adoption agency he had worked with on a trip to Korea. It was a trip that would transform him. “By training, I’m an ophthalmologist who specialized in treating glaucoma. On that trip, I found my own blind spot and resolved to do what I could to help Koreans address their own blind spot to mothers giving up their children.”