Save the Children Impact Investment Fund non-executive Board Member and Save the Children Australia CFO Michael Dugina was recently featured in an article by CPA Australia.
He speaks about how Save the Children is redefining how charities operate with its Impact Investment Fund. Launched in 2020, our innovative fund taps into the financial power of philanthropists, corporations, and high-net-worth individuals to support impact-driven startups.
Michael reveals that this is just the beginning. Save the Children is launching a second impact investment fund and establishing European and global endowment funds in 2024. This expansion aims to meet growing demand for their services and adapt to changing operating environments.
Despite challenges, the fund’s success has paved the way for Fund II, with a higher A$25 million target.
Save the Children remains committed to working at grassroots and systemic levels, transforming lives and preventing crises through innovative approaches like the fund.
Read more on the CPA website.