Our congregation saw this as an opportunity to live out our mission commitment statements by taking the necessary risks to be a healing, compassion presence in our world. Membership in PCG has helped us to make a very concrete commitment to the common good. We see this as an important link to our own community development investments and a way to continue our ministry in this area into the distant future.”
Sister Nora Nash, Sisters of St. Francis of Philadelphia
In 2003, PCG became a nonprofit membership corporation comprised of faith-based institutions committed to promoting economic justice through community investing. We are reaching out to faith-based institutions that have a strong commitment to economic justice and community economic development to identify others interested in working with us. We are asking religious communities to engage in a discussion about adopting PCG as a ministry.
Members make a financial contribution to enable PCG to have a stable source of capital for our community economic development lending. Permanent Members give $500,000, and Term Members give $250,000 (disbursed over 5 years). Religious communities may choose to be a Member independently or in a collaborative with other communities.
As a Permanent Member you may appoint a representative to play a role in PCG’s governance structure. The time commitment for this representative is a one-day annual meeting in Washington, D.C. and one conference call per year to appoint new members to the Board of Directors.
My community became a Member of PCG because of its long standing commitment and impact in alleviating the conditions that cause ignorance, poverty, suffering and oppression. We are ensuring that our community investing and ministry in low income communities continues as our ability to directly work in those communities, both nationally and internationally becomes more constrained.”
Sister Mary Bernadette McNulty, Sisters of St. Joseph of Orange, Chairperson of PCG Members
Why Join As a Member?
The early support of religious investors was crucial to the success and viability of community development financial institutions (CDFIs).
Support for PCG ensures that those already left out of the economic mainstream are given the opportunity to support themselves and their families in dignity.
You can help build a lasting legacy to faith-based community investing by creating a permanent fund dedicated to the advancement of economic and social justice. You can ensure the values of faith based community investors carry forward into the future through a permanent fund that shares their ideals and principals.