Member Event
Dismantling Racism & Inequality
Faith Based Community Investing Series Part 2
Working Group
Join us as we deepen our conversation around building Beloved Community to dismantle racism and inequality through Community Investing in Community Development Financial Institutions (CDFIs). In this session of our series, we will discuss the different CDFI investment options available and how to implement and integrate these community-based investments into your investment portfolio to better align your investments with your institution’s faith and mission. Please also join us on November 14th to share your experiences, challenges, questions and ideas as to how we can shape this work together in 2023. Registration Link
Resources for Due Diligence and Investable CDFIs
CDFI Overview
Pam Porter will provide an overview of the different types of Community Development Financial Institutions, (CDFIs) and investment vehicles. She will also describe tools and processes to support due diligence to ensure your endowment and personal funds are meeting your values and being protected.
A Unitarian Perspective
Emily Beckman will share how First Universalist in Denver, Colorado has begun moving to align more fully with their mission, principles, and faith through community investing. She will share steps along the ongoing journey, including the process of the Endowment Fund Committee, their inspiring investments, and the move forward plan.
A Quaker Perspective
Diane Keefe, CFA, is a member of the New York Quarterly Meeting, (NYQM) Investment Committee which represents NYC metro area Quaker Meeting consolidated endowments. With total assets of $30 million, the assets have been gradually transitioned into significant allocations to CDFIs and stock and bond allocations that reflect Quaker concerns for the climate crisis. The majority of assets are managed through Friends Fiduciary Corporation which represents over $400 million in Quaker assets. Diane will discuss the process of selecting the community development investments and how the investment committee exerted influence at Friends Fiduciary to tilt the largest funds they run toward more climate focused investment strategies.