New ESG Fund Option Offered by Community Foundation
Shasta Regional Community Foundation is excited to announce the addition of a new investment option for fund holders! Over the last several months, the Community Foundation’s Investment Committee has collaborated with their investment consultant, Brian Sharpes of Graystone Consulting, to develop this new offering. Moving forward, donors who wish to more closely align the investment of their funds held at Shasta Regional Community Foundation with their values, will have the option to select the ESG Portfolio, which incorporates Environmental, Social, and Corporate Governance (ESG) factors into the investment process to select or overweight companies that are best-in-class performers from an ESG perspective, and eliminate or underweight the worst offenders.
“The Community Foundation’s Board of Directors believes in providing this type of investment option for donors,” said Kerry Caranci, Chief Executive Officer. “As such, the Board committed $250,000 of the Community Foundation’s Stewardship Endowment Fund towards this portfolio.”
Review a sample of ESG asset allocation in this attachment. As a resource building organization in Shasta and Siskiyou counties, we are dedicated to promoting philanthropy by connecting people who care with causes that matter to them. Our expertise is philanthropy, helping people to achieve their charitable goals through current giving and planned gifts. To learn more about this new portfolio option or about the Community Foundation, please contact Kerry Caranci, Chief Executive Officer at 530.244.1219 or email firstname.lastname@example.org.