Corpus Impact First Investments are typically Program Related Investments. Unlike other PRIs in the foundation’s portfolio, which are paid out of the foundation’s annual 5% payout, Corpus Impact First Investments originate directly from the foundation’s corpus. In this way, these investments are treated as a part of the foundation’s overall investment portfolio, with an expected financial return and related risk.
However, these investments are “Impact First” and thus optimize expected positive social or environmental returns as a priority, and carry minimum expected financial return.
KL Felicitas Foundation Corpus Impact First Investments include:
- BioLite
- RSF Social Investment Fund
- Living Forest