A conference at the Vatican, June 26-28, will look at how Catholic social ministries around the world can harness the power of investments to expand their ability to serve the poor and vulnerable. This conference, a follow-up to a 2014 gathering, seeks to get the Catholic Church more involved in the trend of impact investing, in which private investors seek out organizations that create a positive human impact. It’s believed that investment capital could supplement or even replace the charitable giving that has traditionally supported these ministries.
The conference, Making the Year of Mercy a Year of Impact for the Poor, is hosted by the Pontifical Council for Justice and Peace and Catholic Relief Services and sponsored by Omidyar Network and the Mendoza College of Business of the University of Notre Dame.
Carolyn Woo, president and CEO of Catholic Relief Services, spoke to Our Sunday Visitor about the potential this gathering is seeking to unlock.
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