Impact Investing & Divestment

June 2019
Program
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.
A Primer on Divesting from Immigrant Detention
Join us for a “how to” conversation for funders on divesting from the prison industrial complex.
May 2019
News
Statement
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.
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.
Source: Edward W. Hazen Foundation
May 2019
Resource
Report
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.
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.
Source: Worth Rises
March 2019
News
News Article
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.
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.
Source: Forbes
October 2018
Resource
Funding Recommendations
Image contains the logo of the Refugee Investment Network, in black and orange font color with an orange sidebar
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.
Source: Refugee Investment Network
June 2018
Resource
Report
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.
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.
Source: Worth Rises
January 2018
Resource
Infographic
Private Prisons: The Cycle of Expansion and Incarceration
Private Prisons: The Cycle of Expansion and Incarceration
This infographic considers the arguments for divesting from private prisons, including their political influence, role in mass incarceration, the tax breaks and revenue they generate, and their cost to taxpayers.
Source: Enlace, Advancement Project
May 2015
News
Statement
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.
Source: The California Endowment
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