RSF Social Finance
Encyclopedia
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. 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. As of 2006, RSF was growing at a 60% annual rate.

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
Microfinance
Microfinance is the provision of financial services to low-income clients or solidarity lending groups including consumers and the self-employed, who traditionally lack access to banking and related services....

 to Citi Private Bank. The company has supported early-stage fair-trade companies unable to access loans from traditional banking sector. 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
Co-op America
Green America, formerly known as Co-op America, is a nonprofit membership organization based in the United States that promotes ethical consumerism...

 and the Social 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."

Books

Siegfried E. Finser, Money Can Heal: Evolving Our Consciousness. The Story of RSF and Its Innovations in Social Finance, ISBN 0880105739

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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