ANNUAL SUMMARIES / 990-PF
Annual FUNDING SUMMARIES
As the Ben & Jerry’s Foundation is committed to supporting and encouraging social, economic and environmental justice, it’s investment dollars are used to further those goals as well.
As such, the Ben & Jerry’s Foundation limits its investment dollars to Community Development Financial Institutions (CDFI). CDFIs are private sector financial intermediaries that have community development as their primary mission and develop a range of programs and methods to meet the needs of low-income communities.
CDFIs create new economic opportunity for businesses, individuals, and institutions that do not have access to the mainstream economy.
Ben & Jerry’s Foundation’s CDFI investments include Community Development Banks, Community Development Credit Unions and Community Development Loan Funds across the U.S.
Moreover, Ben & Jerry’s Foundation does not invest in Corporate Securities and has adopted an explicit policy against investing in World Bank Bonds (The International Bank for Reconstruction and Development and International Finance Corporation).