Experienced philanthropic and impact investing leader to add insight as organization focuses on new client services, products and markets.
BETHESDA, MD – November 15, 2018 – ImpactAssets, a nonprofit financial services firm that increases the flow of capital into investments delivering financial, social and environmental returns, today announced that Kim Wright-Violich, managing partner at Tideline, has been appointed to the ImpactAssets board of directors.
“Kim is a pioneer and proven leader in philanthropy and the financial services industry and we’re excited to welcome her to our board of directors,” said Tim Freundlich, CEO, ImpactAssets. “We believe her strong experience, especially in growing donor advised funds and building world-class organizations, will be extremely valuable as ImpactAssets expands its five-year strategy and focuses on product and business development for the next phase of growth.”
As a Managing Partner at Tideline, Kim co-leads the firm’s strategy, operations and client engagement – designing products for wealth and investment advisors, promoting effective governance, managing change, and leveraging the synergy between non-profits, philanthropy, and impact investing.
Prior to Tideline, Kim was the CEO of Schwab Charitable, a national donor advised fund (DAF). Under her leadership, Schwab Charitable pioneered impact investing in a DAF by partnering with the Grameen Foundation to launch the Double Give Microfinance Guarantee initiative. The program enabled donors to dedicate a portion of charitable assets to guarantee loans to micro-entrepreneurs around the globe. Schwab Charitable was also a pioneer in permitting independent investment advisors to manage investments in client accounts, allowing the freedom and flexibility to invest DAF assets in alternative asset classes and impact investments.
“I have great respect for ImpactAssets and its accomplished board members, and I look forward to working with them,” said Wright-Violich. “ImpactAssets is an impact investing pioneer, field-builder and innovator and I believe there are significant opportunities to create value for our clients and help them channel philanthropic capital to address some of the world’s greatest challenges.”
Kim earned a BA in Human Biology from Stanford University. She also completed the executive MBA-SEP program at the Stanford Graduate School of Business, post-graduate work at the Mass Media Institute at Stanford, as well as coursework in governance at Harvard Business School.
With the appointment of Wright-Violich, ImpactAsset’s board consists of 8 members including: , , , , and .
ImpactAssets is a nonprofit financial services firm that increases the flow of capital into investments delivering financial, social and environmental returns. ImpactAssets’ donor advised fund (“The Giving Fund”) and field-building initiatives enable philanthropists, other asset owners and their wealth advisors advance social or environmental change through impact investment and philanthropy. The Giving Fund currently has nearly $500M in assets from more than 1,100 donor advised funds, working with 300 wealth advisors across 50 financial services firms.
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