You answered “yes,” you do have money invested in mutual funds. You can put some or all of the money you’re investing in mutual funds into a socially responsible mutual fund that invests a percentage of its assets in community investing. Socially responsible mutual funds are screened to remove companies that are poor performers on social and environmental issues, while offering competitive returns. Several socially responsible funds direct between 1-10% of their assets to community development. The Social Investment Forum Foundation and Co-op America encourage you to invest at least 1% of your assets in communities. Mutual funds alone may not be enough to reach that goal, but they can be a part of your commitment to community You can find screened mutual funds with a community investing component in our resources section. Also, you can get our community investing guide, which can provide you with more information. 4. Do you currently give money to charities that aid low-income people or communities here or abroad? Yes | No |
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