ESG Newsletter

The MacArthur Foundation was founded in 1970 by John D. MacArthur, the owner of Bankers Life. The organization makes grants and impact investments to support non-profit organizations furthering social good in Chicago and across the world. The Foundation managed an endowment of US$ 6.6 billion of assets as at December 31, 2018, making it one of the largest private foundations in the United States.

In 1983, the MacArthur Foundation decided to complement its grant-making program with program-related investments, a type of impact investment that seeks to accomplish the organization's purposes. For example, the Foundation provides low-cost loans, equity investments and guarantees to community development financial institutions in Chicago and across the United States to invest in affordable housing. Furthermore, the MacArthur Foundation launched the Catalytic Capital Consortium with The Rockefeller Foundation and Omidyar Network to provide capital to facilitate additional impact investments and help achieve the UN Sustainable Development Goals.