Organizations Filed Purposes:
The platform's mandate is to partner with leading non-profits to build low-cost equity solutions that are designed to promote collaboration between the investing public, corporate America and non-profits. These solutions are anticipated to be offered in low cost Exchange-Traded Funds (ETFs) built around corporate responsibility criteria designed by non-profits with deep social sector expertise and public brand awareness. Impact Shares successfully build three products intended to build a new channel for retail and institutional investors to use their capital to engage with social causes while earning an equity market return. The grant supported the financial and legal development of three initial funds (The Impact Shares NAACP Minority Empowerment Fund, The Impact Shares YWCA Women's Empowerment Fund and The Impact Shares SDG Global Equity ETF in collaboration with the United Nations Capital Development Fund) and create engagement between the investing public, the private/nonprofits.
Managed and grew the Women Empowerment Fund Exchange Traded Fund ticker: WOMN. We have raised modest assets, approximately 6mn. Additionally, we continue to see good investor response to our social goals and our return of 32.49% in 2019.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Ethan Powell | Founder | 60 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202131389349301508_public.xml