RCIF is a collaborative effort that ensures the legacy of community development investing will continue in the same prophetic, efficient and effective manner as when Religious Congregations independently managed their own funds for community investing.

RCIF’s portfolio management services for community investments include: research on new initiatives; credit analysis of proposals; loan document preparation, closings and disbursals; monitoring of payments, reports and other lending covenants; managing delinquencies; and providing reports on financial performance and social impact.


Mission of the Fund

The Fund is a coordinated effort of various Catholic Religious Congregations who believe, as Gospel people, that they are called to use their financial resources as a ministry to assist in overcoming social and environmental inequities. The Congregations pool their individual assets to support the mission of promoting economic justice through investments in low-income communities worldwide. By investing in nonprofit organizations that address the economic inequalities in low-income communities, the Fund seeks to promote an economy of solidarity and reflect the Gospel values of economic justice, compassion, human dignity and environmental stewardship.

Focus of the Fund

The Fund is a portfolio of debt and equity investments in projects consistent with the Gospel mission of economic justice for all. The investments benefit the economically poor; especially women and children, concentrating on those who are unserved or poorly served through traditional financial sources. The funding recipients, usually intermediary agencies, are those seeking ways to give beneficiaries an effective voice in the planning and implementation of the given projects, as well as those who address the multi-cultural reality of our society. Investment returns are expected to slightly outpace inflation.