The Green Fund

As part of its commitment to socially responsible investing, the SF State Foundation is developing a $5 million “Green Fund” for donors interested in investing their long-term or endowed gifts in a carefully screened, socially responsible portfolio with an emphasis on environmental impact.

The Fund invests across U.S. and international equities and fixed income and alternative funds, including Breckenridge Sustainable Taxable Fixed Income Separately Managed Accounts (SMA), Parametric MSCI KLF 400 Index SMA, Parametric ACWI Ex-US ESG SMA, Trillium Asset Management Large Cap Core SMA, the Profit Social Equity Portfolio and Calvert Investments Mutual Funds. These funds screen the companies they include by a variety of “positive” factors (biodiversity protection, reduced carbon emissions and fair workplace practices, for example) and “negative” factors (avoiding investment in tobacco and civilian firearms, countries or companies with human rights violations or tar sands and coal operations).

This screening, notes Foundation President Robert Nava, “makes a very compelling case to our alumni and donors about SRI and gives them the option to invest their endowment funds in a way that supports their values and the University.”