As part of the “Carry the Cash” Campaign of Confluence Philanthropy, Swift Foundation has made deposits in the following banks. All of these CDFIs are federally insured and accredited institutions. Swift makes deposits below the federally insured (FDIC) limit of $250,000.
Community Development Finance Institutions (CDFIs)
As a learning organization, Swift benefits from participating in and learning from our peers and colleagues who are promoting alternative visions of investing for social, environmental and governance changes in our society. The following list includes some of the affinity groups, investor groups, advocacy organizations and publications that have helped us along the way.
Divest-Invest Philanthropy is a platform for institutions that follows the lead of student and community-driven fossil fuel divestment and new energy economy reinvestment. Together, we are holding fossil fuel industries accountable for their obstruction of climate policy solutions, investing for public good and financial performance, and accelerating the growth of a sustainable and equitable economy.
Swift Foundation signed Divest Invest in 2016. We joined the pledge to stop investing in climate change by removing coal, oil and gas from our investment portfolio, and investing in climate solutions like clean energy, sustainable agriculture and local economies. Our unconventional path to divestment through a No Buy screening process is described in this letter.
Swift contributed to the development of Essentials of Impact Investing: A Guide for Small-Staffed Foundations produced by Arabella Advisors, Exponent Philanthropy and Mission Investors Exchange. You can find the guide here:
Swift Foundation is a member. Learn more about their mission and programs here.
Swift is a donor to Transform Finance. Learn more about their mission and programs here.
Swift Foundation is a donor to Slow Money. Learn more about their mission and programs here.