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Justice, Equity, Diversity, and Inclusion Statement

RSF envisions an economy rooted in equity, healing, and interconnectedness. Our mission is to catalyze transformation by circulating capital to social enterprises for a more just, regenerative, and compassionate world.  

We stand against racism, sexism, and any other form of discrimination within our organization and work with clients. We are committed to being an inclusive and antiracist organization across all levels of our work environment, strategy, and funding of social enterprises. We bring a sincere desire to listen, learn, and continuously hold ourselves accountable.  

RSF recognizes that racism and patriarchy have shaped the American financial system. We see justice, equity, diversity, and inclusion as fundamental to a regenerative financial system, and are examining our role in perpetuating and combatting social, economic, and institutional inequities.  

The associative economic principles that inspired the formation of RSF Social Finance and several of RSF’s stakeholder-based practices today came from the teachings of Rudolf Steiner (1861–1925). Steiner’s work also includes racist and white supremacist theories about the hierarchies of race and human evolution. We find Steiner’s comments and characterizations of race offensive, hurtful, and indefensible. We acknowledge the pain caused by not acknowledging and denouncing Steiner’s racism sooner and more forcefully. Our staff and board reject all racism. We engaged in an honest examination to acknowledge and confront Steiner’s statements on race and commit to the ongoing work of opposing racism and white supremacy in our time.  

RSF funds Waldorf education, biodynamic agriculture, and other initiatives inspired by Steiner’s work. Like all social enterprises that receive funding from RSF, these organizations contribute to a more just, regenerative, and compassionate world.  

RSF is committed to incorporating justice, equity, diversity, and inclusion principles and practices in all our work. Steps we have taken include:  

  • Launched the Racial Justice Collaborative, a philanthropic fund providing diverse forms of capital to social enterprises and funds owned and led by BIPOC entrepreneurs, supporting diverse stakeholders (employees, customers/clients, and communities).  
  • Supporting more BIPOC and AAPI-led organizations and funds through lending, investing, and giving, which will be tracked and evaluated through our new impact assessment framework.  
  • Completed an all-staff training on restorative economics and implicit bias led by Nwamaka Agbo, CEO of Kataly.
  • Evaluating our hiring practices, updating our employee policies, and engaging in regular training and dialogue about unconscious bias, racism/white privilege, sexism, and power and privilege. 
  • Assessing and monitoring the racial and gender composition of the RSF leadership, staff, and board of trustees.  
  • Holding each other accountable in recognizing our unconscious biases.  
  • Learning and dismantling systemic racism through training, self-study, and peer coaching by RSF’s leaders and board members.  
  • Innovating and sharing models for participatory decision-making in finance (community pricing gatherings and shared gifting, among others) and championing all approaches, including more diverse stakeholders in decisions regarding pricing, grantmaking, and ownership structures.  
  • Changing the paradigm of who typically has a “seat at the table” to influence the flow of capital.  
  • Acknowledging that doing anti-racist and anti-sexist work is a continuous practice.  

Posted 6/1/2021