Mission-Related Investment Archives - Gates Family Foundation
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News: Mission-Related Investment

Mission-related investments (MRIs) commit a portion of the Foundation’s endowment capital for mission-aligned purposes that meet a market-rate return expectation.


Grant

Lafayette Square Business Development Company

$1,500,000 | Awarded: 2023

Lafayette Square was founded in November 2020 with the goal of creating positive societal impact in affordable housing, quality jobs, and financial inclusion –

Grant

CO-Invest – Mission Colorado Fund

$1,000,000 | Awarded: 2023

CO-Invest was formed to make meaningful impacts in communities across Colorado by making private capital investments in national funds that have a bias towards

Grant

Rose Affordable Housing Preservation Fund VI

$3,000,000 | Awarded: 2023

Jonathan Rose Companies was founded in 1989 and is a leading developer and investor in sustainable, affordable, and mixed-income multifamily real estate in the

Grant

Ecosystem Integrity Fund V

$2,000,000 | Awarded: 2023

Established in 2011, Ecosystem Integrity Fund is a private placement firm focused on sustainability. Fund V’s investment focus includes areas of sustainability such as

Grant

Avesta Colorado Fund

$1,250,000 | Awarded: 2022

Avesta is a relatively new investment firm started by a first-time fund manager of color based in Denver. The fund is focused on bringing

Grant

Future of Water Fund I

$200,000 | Awarded: 2022

The Future of Water Fund (Water Fund) seeks to capitalize on opportunities driven by water scarcity. The premise is that what many regions are

Grant

Blackhorn Ventures Fund II

$2,000,000 | Awarded: 2022

A second investment in Colorado-based Blackhorn Ventures is a follow-on fund based off their early success in Fund I. Fund II is focused on

Grant

CU Healthcare Innovation Fund II

$1,500,000 | Awarded: 2022

University of Colorado Anschutz Medical Campus (Anschutz), in partnership with Children’s Hospital of Colorado and UCHealth, formed a second healthcare venture capital fund to

Grant

Reach Opportunity II

$1,000,000 | Awarded: 2022

This is Gates’ third investment in Reach Capital, a private equity fund that supports the most promising entrepreneurs developing technology solutions for challenges in