\n
Upstart Co-Lab, the Association of Art Museum Directors, and the Black Trustee Alliance for Art Museums released a new report, Cultural Capital: The state of museums and their investing, “a first-of-its-kind survey of U.S. museums of art and design to establish their current level of impact investing activity and profile first-mover museums exploring the integration of values, mission, and investment.” <\/p>\n
<\/p>\n
\n“Our findings demonstrate there is significant room for improvement with 13% of museums engaged in impact investing compared to 47% of colleges and universities and 51% of foundations… Barriers to action include persistent questions which are easily resolved: the ability to achieve targeted financial returns; the ability to measure impact; and the availability of quality impact investing products across asset classes.”<\/p>\n
“Everyone committed to the future of America\u2019s art museums\u2014including the Boards, Leadership Teams, Staff, Donors, Artist, and Public that support them\u2014can play a part in shifting museum endowments to impact investing. We hope the findings and recommendations in this report will help usher in a new era of ethical investing for the creative sector.”<\/p>\n
Read the full report here.<\/a><\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p>","protected":false},"excerpt":{"rendered":"
Submitted by Jaime Sharp on June 21, 2022 Upstart Co-Lab, the Association of Art Museum Directors, and the Black Trustee Alliance for Art Museums released a new report, Cultural Capital: The state of museums and their investing, “a first-of-its-kind survey of U.S. museums of art and design to establish their current level of impact investing […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16037","post","type-post","status-publish","format-standard","hentry","category-call-for-artists"],"yoast_head":"\n
New Report: Cultural Capital - United Arts Agency | UAA<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n