By Rabbi Jacob Siegel "There is no guarantee," your financial advisor explains. "But a new investment called a Social Impact Bond could return a profit in excess of 10%, if the project out-performs. Best of all, your investment will help address one of Boston’s biggest social issues and support the work of an important Jewish agency." Last month, forty impact investors said yes to the above scenario, contributing at least the minimum … [Read more...] about Boston’s Judaism-infused Investment Experiment
By Avi Deutsch The Max M. & Marjorie S. Fisher Foundation is reimagining the role of philanthropic foundations, and people are starting to notice. “Foundations can be so much more than private investment houses that give away 5% of their assets each year. We have the opportunity to put a larger portion of our assets to work for impact.” says Phillip Fisher, the Fisher Foundation’s Vice Chair. “There is a deep connection with tzedakah … [Read more...] about Changing the Face of Jewish Philanthropy, One Investment at a Time
By Rabbi Jacob Siegel [This blog series will introduce eJewish Philanthropy readers to three impact investing strategies: shareholder advocacy, ESG incorporation, and thematic impact investments.] During rabbinical school, I attended the McDonald’s annual shareholder meeting to advocate for ethical marketing practices and nutritious food for children. I wasn’t there representing the Jewish community, Jewish investment capital, or Jewish … [Read more...] about Tikkun Olam Through Shareholder Advocacy
By Julie Hammerman This summer, Catholic leaders from around the world gathered in Rome for three days to discuss the topic of “impact investing.” The conference was hosted by Catholic Relief Services and the Pontifical Council for Justice and Peace, and designed to encourage investments that serve the poor in honor of Pope Francis’ Extraordinary Year of Mercy. As the executive director of JLens, an organization based in San Francisco that … [Read more...] about Jewish Insights at Vatican Conference on Impact Investing
By Avi Deutsch Contrary to popular belief, eating is not inherently Jewish. In fact, nearly every Western religion employs this basic human need in the service of religious practice. It is not the eating that is Jewish, it is how we eat that makes it meaningful. The same is true of investing - it is definitely not inherently Jewish, but that doesn’t mean we can’t make it a meaningful Jewish experience. The idea that investing can be a … [Read more...] about What’s Jewish about Impact Investing?