The Park Foundation was established in 1966 to support education, public broadcasting, the environment, and other selected areas of interest to the Park Family. More recently, the Foundation’s environmental causes have focused on energy and water issues.
The Foundation manages its assets in order to maximize its impact by aligning its investment strategy to its mission. As part of its Mission-Related investing activities, it has implemented negative screening criteria on alcohol, gambling, nuclear and conventional weapons, and tobacco. Moreover, the Foundation has implemented guidance for its investment advisors and external managers around ESG integration across its portfolio. With regards to climate change, the Foundation estimates that climate solutions investments constitute approximately 15% of its portfolio. Moreover, the Park Foundation is a signatory to the Divest/Invest Initiative.