The Paulist Center Boston

Paulist Center Endowment Investment Committee

Developing the Paulist Center Endowment

In January 2006, a Paulist Center Ad Hoc Investment Committee held its first meeting. This was the fruit of the Center’s first capital campaign, which met the goal of developing an unrestricted endowment to support ministries. The Committee was charged to decide how to invest the endowment in a socially responsible way and to draft a proposal for the calculation of the annual transfer from the endowment to the operations budget.

For a fuller explanation on the process and for links to information on Socially Responsible Investing resources, please read the document  Developing the Paulist Center Community Endowment.

Statement of Investment Principles

As the Paulist Center Community, we aspire to express the good news of Jesus and His social teachings in contemporary society. We seek to manifest God’s love for all.

One way we work to accomplish our mission is by serving as responsible stewards of our investment resources to provide for the current and future needs of our Paulist Center Community and for our ministries.

Another way we accomplish our mission is through socially responsible investing that considers the moral and ethical standards of companies, as well as the risks and rate of return on investments.

We seek to invest in companies and other investment possibilities that contribute to the building of a peaceful and just world. We have set forth investment guidelines that speak to this purpose.

Please see the full text of our  Statement of Investment Principles.

The Paulist Center Investment Policy Statement

The Paulist Center Endowment is an unrestricted endowment whose assets are intended to provide support for the mission of the Paulist Center in perpetuity and will seek to invest its funds in a socially responsible manner, in companies and other investment possibilities that contribute to the building of a peaceful and just world.

The purpose of this Policy Statement is to articulate the broad guidelines that will be applied to the long-term management of the endowment.

Additional Information

Shareholder Advocacy Letters to Companies and Responses Received

Annual Reports and Presentations to the Paulist Center Community
Boston Community Capital is one of the Community Based Investments (CBIs) that is part of our endowment portfolio. They have recently received a lot of press for an innovative program that has saved 125 Boston area families from foreclosure evictions so far. Go the the link to see CBS Nightly News' July 14th report on this program, and know that the Paulist Center Community is a small piece of making this possible, thanks to the generosity of those who have contributed to our Endowment.

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