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ImpactAssets
ImpactAssets was established in 2010 by Timothy Freundlich, Wayne Silby and Ron Cordes. The founders previously worked at Calvert entities and created the...
ImpactAssets
ImpactAssets was established in 2010 by Timothy Freundlich, Wayne Silby and Ron Cordes. The founders previously worked at Calvert entities and created the organization to channel philanthropic capital into impact strategies. It maintains a 501(c)(3) public charity that sponsors donor-advised funds. The firm allocates across private equity, venture and distressed debt. It holds limited partner positions in EcoEnterprises Fund III and MicroVest while making direct commitments to companies such as Accion and Affinity Africa. Geographic exposure spans the United States, Latin America, Africa, India and Germany. Capital is deployed through fund commitments, co-investments and customized mandates rather than a single pooled vehicle. The organization employs 72 professionals and maintains relationships with Charles Schwab as custodian and Calvert Impact Capital as strategic partner. It sponsored the SOCAP Annual Conference in October 2024. Adjacent vehicles include ImpactAssets Inc., the primary donor-advised fund sponsor that facilitated over 14,000 grants in 2023. ImpactAssets maintains membership in the Global Impact Investing Network and Mission Investors Exchange. These affiliations provide access to co-investors and standardized impact measurement frameworks that shape its deployment decisions.
General information
Firm type
Endowment / Foundation
Year founded
2010
AUM
3000 (Altss estimate)
Location
Region
North America
Country
United States
City
Bethesda
Corporate office
4340 East West Highway Suite 210, Bethesda, MD 20814, United States
Principals
Margret Trilli
CEO and Chief Investment Officer
Wayne Silby
Founder
Ron Cordes
Founder
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at ImpactAssets?
Margret Trilli serves as CEO and Chief Investment Officer. She oversees allocation across private funds and direct holdings.
How does ImpactAssets source proprietary deal flow?
The firm draws on memberships in GIIN and Mission Investors Exchange plus relationships with founders such as Eric Ries of LTSE.
Is ImpactAssets structured as a single family office or does it operate more like a venture firm?
It functions as an endowment-style foundation that sponsors donor-advised funds and invests in private impact vehicles.
Does ImpactAssets participate in fund commitments or only direct deals?
It makes both fund commitments, including EcoEnterprises Fund III, and direct limited partner positions in companies such as HOPE and Accion.
What investment stages does ImpactAssets typically target?
The firm targets early-stage seed and startup opportunities as well as expansion and growth rounds.
Where does the underlying wealth come from?
No single family wealth source is disclosed; capital arrives through donor-advised funds and institutional impact mandates.
Does ImpactAssets maintain philanthropic structures, and how are they separated?
ImpactAssets Inc. operates as the primary 501(c)(3) public charity and DAF sponsor, distinct from the investment activities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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