The AJL Foundation Achieves a Platinum Rating Through the Endowment Impact Benchmark
Oct 2, 2024
The AJL Foundation becomes the third public participant to achieve a platinum rating through the Endowment Impact Benchmark (EIB) assessment – the highest rating possible through the rating and benchmarking framework.
BOSTON, MASSACHUSETTS (October 2, 2024) – The Intentional Endowments Network (IEN) is pleased to announce the results of the AJL Foundation’s participation in the Endowment Impact Benchmark, a new rating framework that credits endowments and foundations for their commitment to impact and sustainable investing.
The AJL Foundation based out of Denver, Colorado achieved a platinum rating in September 2024 upon the completion of its assessment, administered by impact verification firm BlueMark. The high mark reaffirms the Foundation’s commitment to mission-aligned, impactful investing that centers local communities.
As is reflected in its EIB rating, the AJL Foundation is committed to transparency and strategic impact through its investments. The Foundation’s detailed quarterly Impact and Financial Performance reports reveal its emphasis on thematic investing, diversity in asset management, and philanthropic investments beyond its regular grantmaking. It is committed to multiple Sustainable Development Goals and has a goal of allocating 10% of its portfolio to Program Related Investments (PRI) and a Mission Related Investments (MRI).