Elizabeth Phillips

So we just invested in this technology that helps hire substitute teachers for public schools.

And I'm like, I think that's a great investment, but I want you to ask these additional questions about how are they screening, right?

What's the process for vetting these substitute teachers?

Yeah, so because early on, so I started running the Phillips Foundation when I was about 24.

And so now, you know, it's been over a decade that we've put ourselves out there as interested in impact investing.

So everything we invest in, we look at the impact because I want to take a first do no harm approach and strategy to our investments.

Now, there's a spectrum of impact investing all the way to ETFs, but down to venture philanthropy.

And there's different returns for each of those asset classes in different parts of the spectrum.

But across that spectrum, we're asking questions about if you're a company or a concept that involves children, then we want to diligence you a different way than, you know, your run-of-the-mill real estate business, let's say.

So we use this lens across our portfolio for profit and on the foundation grant-making side.

And so when we had this conversation with that investee I was mentioning, they were so receptive.

They said, and on top of what you've asked, we're gonna look into these three other things too.

So like the more we talk about it and the more we elevate this conversation to match the data,

one in five girls, one in seven boys globally, will be victims of child sexual abuse.

So, abused before the age of 18.

I think it's much higher.

I think it's much higher than what data shows because of the delayed disclosure issue, the shame, especially with male survivors.

Yeah, and I came forward about my own sexual assault when I was in college at a Senate committee hearing in Texas, because I'm holding all of these stories with people sharing their worst trauma with me.

I was like, I need to be brave, too.

I need to... I'm gonna disclose what happened to me when I was 21.