The ImPact is project of the Intentional Endowments Network in which prominent wealthy families coordinate their investing to align with left-of-center environmental, social, and governance policies, particularly environmental policies.

Background

The ImPact was launched in 2016 by a group of individuals associated with extremely wealthy families as a project of the Intentional Endowments Network (IEN), a membership organization encompassing hundreds of endowments, foundations, investment consultants and managers, and nonprofits oriented around environmentalist, racial justice, and economic issues. ^{1 2} IEN is a fiscally sponsored project of the Crane Institute of Sustainability, an environmentalist organization based in Manchester, Massachusetts. ^{3 4}

The founders of the ImPact include members of the Rockefeller, Scodro, Simmons, and Pritzker families. As of October 2022, the ImPact claims more than 70 other member families in more than 20 countries. ⁵ Membership in the project is by invitation only, but the project’s website does provide a query form to express interest. ⁶

People

Justin Rockefeller

Justin Rockefeller is a cofounder and the chair of the board of the ImPact as well as the head of impact at Addepar, a wealth management platform, which he joined in 2012 as global director of family offices before switching to his present role in 2020. Additionally, Rockefeller is a trustee of the Rockefeller Brothers Fund and sits on its board and investment committee; he is also a board member of the Japan Society. Previously, Rockefeller was venture partner and principal at Richmond Global, a global venture capital firm, as well as a cofounder and chairman of GenerationEngage, a voter-outreach organization oriented around connecting politicians with community college students later taken over by Project Mobilize. ^{7 8}

In the past Rockefeller has sat on the boards or advisory bodies of Voxiva, Inc., Rockefeller Family Fund, Population Council, International Council of The Museum of Modern Art; Alliance for the Arts, GLSEN, and the New York State Commission on National and Community Service. ⁹

Liesel Pritzker Simmons

Liesel Pritzker Simmons, formerly a child actress under the stage name Liesel Matthews, is a cofounder of the ImPact. ^{10 11} Additionally, Simmons is co-founder and principal of the Blue Haven Initiative, an impact investing firm focused on left-of-center and environmental issues, particularly with regard to sub-Saharan Africa. ¹²

Notably, in 2002, Simmons filed a $6 billion lawsuit against her father, Robert Pritzker, and her cousins, claiming that she was improperly excluded from inheriting a part of the family fortune. Later, her brother joined the suit, which after years in the courts precipitated a breakup of the Pritzker family’s business empire into 11 parts and resulted in a $500 million payout for Simmons, including control over her trust fund. ¹³

Fernando Scodro

Fernando Scodro is a cofounder of the ImPact. Additionally, Scodro is a member of Credit Suisse’s Young Investors Organization, a fellow at the University of Zurich working with its Center of Sustainable Finance and Private Wealth, and an impact investment manager with Grupo Baoba, a family office based in Rio de Janeiro, Brazil. ^{14 15}

Horacio Pavez

Horacio Pavez is a cofounder of the ImPact as well as a chairman of the board of MOSAICO S.A., a manufacturer of faucets and valves based in China’s Ningbo, Zhejiang province; Talented Fine Brands S.A., a wine-oriented conglomerate; and Netprovider S.A., a technology company. Additionally, Pavez is the founder and president of Fundacion Emprender, an organization focused on supporting small and medium sized companies. ^{16 17}

1. “Georges Dyer.” Intentional Endowments Network. Accessed October 17, 2022. https://www.intentionalendowments.org/georges_dyer.
2. “About.” Intentional Endowments Network. Accessed October 17, 2022. https://www.intentionalendowments.org/about.
3. “About.” Intentional Endowments Network. Accessed October 17, 2022. https://www.intentionalendowments.org/about.
4. “Home.” The Crane Institute of Sustainability. Accessed October 17, 2022. https://cranesustainability.wordpress.com/about/
5. “Our Story.” The ImPact. Accessed October 17, 2022. https://www.theimpact.org/about
6. “Becoming a member.” The ImPact. Accessed October 17, 2022. https://www.theimpact.org/joinus
7. “Justin Rockefeller.” Rockefeller Brothers Fund. Accessed October 17, 2022. https://www.rbf.org/people/justin-rockefeller
8. “Our Story.” The ImPact. Accessed October 17, 2022. https://www.theimpact.org/about
9. “Justin Rockefeller.” Rockefeller Brothers Fund. Accessed October 17, 2022. https://www.rbf.org/people/justin-rockefeller
10. “Our Story.” The ImPact. Accessed October 17, 2022. https://www.theimpact.org/about
11. Carlyle, Erin. “Liesel Pritzker Simmons Sued Her Family And Got $500 Million, But She’s No Trust Fund Baby.” Forbes. December 2, 2013. Accessed October 17, 2022.  https://www.forbes.com/sites/erincarlyle/2013/11/17/liesel-pritzker-simmons-sued-her-family-and-got-500-million-but-shes-no-trust-fund-baby/#3819c9c6464c
12. “Homepage: Informed Investing For Profit and with Purpose.” Blue Haven Initiative. Accessed October 17, 2022. http://www.bluehaveninitiative.com/
13. Andrews, Suzanne. “Shattered Dynasty.” Vanity Fair. May 1, 2003. Accessed October 17, 2022. https://www.vanityfair.com/news/2003/05/andrews200305
14. “Fernando Scodro.” Credit Suisse. Accessed October 17, 2022. https://www.credit-suisse.com/microsites/apac/nextgen-masterclass/content/speaker-bios/fernando-scodro.html
15. “Our Story.” The ImPact. Accessed October 17, 2022. https://www.theimpact.org/about
16. “Horacio Pavez.” International Alumni Association. Accessed October 17, 2022. https://www.thealumniassociation.com/home/4828676-horacio-pavez/profile
17. “Our Story.” The ImPact. Accessed October 17, 2022. https://www.theimpact.org/about