The second publication of the Tiresia Impact Insight Series, developed in collaboration with Assifero (the Italian Association of Foundations and Philanthropic Bodies), examines foundations’ and philanthropic bodies’ current commitment to impact finance, as well as the main challenges and opportunities that this commitment entails.

Philanthropic organizations may play a crucial role in the impact investing market as both investors and aggregators and disseminators of best practices. However, unlike in other countries, the relationship between philanthropy and impact finance in Italy has just recently begun to grow.