The Minneapolis-based foundation is seeding the WomenInvest InFaith portfolio and opening it to donor-advised funds.
The portfolio, three-quarters of which will be in equity investments, will target companies committed to equal pay, and promotional and leadership opportunities for women.
Criterion Institut’s Joy Anderson and Fulcrum Capital’s Darcy Johnson, chairs of InFaith’s investment committee, led the creation of the fund, which is advised by Veris Wealth Partners and Sonen Capital.
Catalyzing gender equality addresses the root causes of violence against women, InFaith’s statement says.
