- RSF Social Finance
RSF Social Finance, located in San Francisco, California, is a non-profit financial services organization offering investing, lending, and philanthropic services to individuals and enterprises with a deep commitment to improving the well-being of society and environment. [ [http://www.earthtimes.org/articles/show/news_press_release,132566.shtml Earth Times] ] [ [http://www.calvertfoundation.org/resources/profiles/profile.cgi?id=122&mode=impact Calvert Foundation] ] RSF has over one thousand clients and more than $120 million in consolidated assets. RSF Social Finance is the trade name of Rudolf Steiner Foundation, Inc. and its affiliates. It has loaned over $100,000,000 and made more than $50,000,000 in grants to non-profit organizations and social enterprises. [ [http://www.xigi.net/index.php?en=426 Xigi] ] As of 2006, RSF was growing at a 60% annual rate.Mark Albion, "True to Yourself: Leading a values-based business", ISBN 1576753786, pp. 104-6]
RSF’s mission is to partner with investors, donors, and social enterprises to realize financial transactions that enliven consciousness and enhance quality of life. With clients, RSF cultivates environmental, social and financial sustainability, and provides access to capital for organizations committed to fair practices and improving economic conditions. It was instrumental in introducing
microfinance toCiti Private Bank . [ [http://www.bizjournals.com/sanjose/stories/2007/06/25/newscolumn1.html "Citi Private Bank leading way on microfinance donor fund"] , "Silicon Valley / San Jose Business Journal", Friday, June 22, 2007] The company has supported early-stage fair-trade companies unable to access loans from traditional banking sector. [Nitasha Tiku, [http://www.inc.com/magazine/20080201/do-gooder-finance.html "Do-Gooder Finance: How a new crop of investors is helping social entrepreneurs."] , Inc.com, February 2008] The organization upholds transparency in lending: annually, borrowers are sent a list of those who made their loan possible, and lenders are sent the complete list of those to whom loans have been given.According to
Co-op America and theSocial Investment Forum Foundation , RSF is one of the top 10 organizations which "best exemplify the building of economic opportunity and hope for individuals through community investing." [ [http://www.greenmoneyjournal.com/article.mpl?articleid=241&newsletterid=1 Green Money Journal] ] [ [http://www.sdearthtimes.com/et0403/et0403s6.html San Diego Earth Times] ]Books
Siegfried E. Finser, "Money Can Heal: Evolving Our Consciousness. The Story of RSF and It's Innovations in Social Finance", ISBN 0880105739
References
External links
* [http://www.rsfsocialfinance.org/ RSF Social Finance site]
* [http://www.csrwire.com/profile/8529.html Corporate Social Responsibility profile of RSF Social Finance]
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