Pioneers Post: Tipping Point Fund grants $3.3m to 16 organisations to ‘harmonise’ impact reporting

Sixteen organisations have received a total of $3.3m in grants from the Tipping Point Fund on Impact Investing (TPF) to back their work to improve impact reporting, in the fund’s largest grant cycle to date.

TPF is a donor collaborative vehicle (where multiple donors coordinate resources to advance a common cause) which aims to grow the impact investing market without diluting its purpose. It was created in December 2019 with an initial $14m in philanthropic capital. 

The grantees include independent impact verification provider BlueMark, the Global Impact Investing Network and B Lab, the non-profit behind the B Corp accreditation. The money will fund their research and initiatives to improve impact data availability, metrics and measurement, which TPF says is crucial to developing the impact market.