We are committed to aligning all of our assets with our mission.

In 2017, the Foundation board allocated a carveout to align more deeply its programmatic and grantmaking goals and to serve as a catalytic force in advancing its mission within the investment space. This portfolio utilized a hybrid approach focused on private and public investments such as cooperatively owned and stewarded land and real estate projects, community-controlled institutions, and investments in community-led loans, funds, and renewable energy.

Grove invested in companies and helped launch funds to support reproductive health, immigration, economic inclusion, and climate justice, with a focus on Black, Indigenous, and Immigrant communities.

Our investment policy can be found here.

Examples of our mission-aligned investments include:

Resources:

Demystifying Program-Related Investing: Lessons from Recent Adopters
Research brief offering a field-level view of how foundations are using program-related investments (PRIs) to advance mission and recycle philanthropic capital. Drawing on experiences from U.S. foundations, the paper highlights practical insights on managing complexity, building capacity, and aligning internal strategy to support more effective, impact-first investing approaches similar to those reflected in Grove’s portfolio.