Impact Investing & Divestment

How to Divest from Immigrant Detention: A Philanthropic Primer
Foundations can demonstrate their values and support immigrants and their communities by joining the movement to divest and reinvest.
The logos of Candide Group, Confluence Philanthropy, Edward W. Hazen Foundation, Freedom to Thrive, Grantmakers Concerned with Immigrants and Refugees, National Committee for Responsive Philanthropy, and Real Money Moves. Accompanies the joint issue brief, How to Divest from Immigrant Detention: A Philanthropic Primer.
August 2019
Funding Recommendations, Issue Brief
Resource
A Primer on Divesting from Immigrant Detention
Join us for a “how to” conversation for funders on divesting from the prison industrial complex.
June 2019
Webinar
A showing a nighttime vigil with a young child and adult standing in front of a detention facility. Posted to accompany GCIR's webinar, A Primer on Divesting from Immigrant Detention.
Program
Edward W. Hazen Foundation on Prison Privatization
The Edward W. Foundation adopted the following policy language in its effort to screen out any companies with a business model that relies on mass incarceration.
The logo of the Edward W. Hazen Foundation, which features the name of the foundation below two four-sided blue shapes between two four-sided brown shapes, which collectively form a white H.
May 2019
Statement
Source: Edward W. Hazen Foundation
News
The Prison Industrial Complex: Mapping Private Sector Players
This report exposes roughly 4,000 corporations that profit from the devastating mass incarceration of our nation’s marginalized communities.
Artwork showing white guard who is filling out a form while a black man is fed through a machine, out of which flies dollar bills. The work is by James "Yaya" Hough, State Correctional Institution, Phoenix, PA, and titled, I am the Economy.
May 2019
Report
Source: Worth Rises
Resource
JPMorgan Chase Is Done With Private Prisons
JPMorgan Chase announced early this morning that they will stop financing GEO Group and CoreCivic — the largest operators of private prisons and immigrant detention centers in the U.S.
Shows a protest, with three women in the foreground, holding a sign with the message, "Jamie Dimon: Break up with Private Prisons Now!" alongside a picture of the JPMorgan Chase CEO. Posted to accompany the Forbes article, JPMorgan Chase Is Done With Private Prisons.
March 2019
News Article
Source: Forbes
News
Paradigm Shift: How investments can unlock the potential of refugees
This report offers impact investors, grant-makers, and development finance professionals the first landscape of the what, why, who, where, and most importantly, how, of investing in and with displaced people.
Image contains the logo of the Refugee Investment Network, in black and orange font color with an orange sidebar
October 2018
Funding Recommendations
Source: Refugee Investment Network
Resource
Immigration Detention: An American Business
This report covers the business of immigrant detention, including the number of people detained, for-profit company involvement, the role of government agencies, and the number of facilities involved.
Worth Rises logo, featuring their name on the right and a green building on the left with a purple bird flying upwards with a flight path shaded purple to look like a bar chart showing a steady increase. Posted to accompany their resource, Immigration Detention: An American Business.
June 2018
Report
Source: Worth Rises
Resource
The California Endowment Takes Private Prisons Out of Investment Portfolio
The California Endowment will no longer make direct investments of its endowment funds in companies that derive significant annual revenue from the operation of private prisons, jails, detention centers and correctional facilities.
May 2015
Statement
Source: The California Endowment
News
Leveraging Impact Through Program Related Investments: A Case Study
Learn more about The Brooklyn Community Bail Fund’s (“BCBF”) newest initiative, the New York Immigrant Freedom Fund (“NYIFF”) that leverages through program-related investment.
new york immigrant freedom fund logo
Factsheet
Source: New York Immigrant Freedom Fund
Resource
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