Why are the Sisters of Mercy creating a single investment program?
The Sisters of Mercy, in their continuing effort to maximize resources for their common life and mission, have undertaken a process of reorganizing the way its investments are managed on behalf of their Communities and various ministries. The centralization of investments is anticipated to increase the net investment returns of the Communities and participating ministries while working for systemic change in the areas of non-violence, racism, environment, concern for women, and immigration through shareholder advocacy and community investments.
What was the process for the creation of the single investment program?
The first step in this process was the creation of infrastructure for implementing “best in class” governance, social responsibility and investment practices to support the mission of the Sisters of Mercy and their ministries. The creation of the infrastructure was the responsibility of the seven Member Representatives, who were appointed one each by the Boards of Directors of the following entities:
- Sisters of Mercy of the Americas, Inc.
- Sisters of Mercy of the Americas CCASA Community, Inc.
- Sisters of Mercy of the Americas Mid-Atlantic Community, Inc.
- Sisters of Mercy of the Americas New York, Pennsylvania, Pacific West Community, Inc.
- Sisters of Mercy of the Americas Northeast Community, Inc.
- Sisters of Mercy of the Americas South Central Community, Inc.
- Sisters of Mercy of the Americas West Midwest Community, Inc.
Who can participate in Mercy Investment Services?
At this time, sponsored and co-sponsored ministries of the Sisters of Mercy are eligible to participate. Those ministries must meet criteria including tax-exempt status and a defined relationship with the Sisters of Mercy. Please contact Mercy Investment Services to obtain additional information regarding the participation criteria.
How does my organization apply for a loan from Mercy Partnership Fund?
For information on Mercy Partnership Fund criteria and an application, click here.
