United Church Funds, a leading provider of investment management to churches and faith-based organizations, commends SunTrust Bank for its decision to stop future financing of the private prison and detention industries.
UCF today announced the launch of the Just World Fund, a fixed income impact fund that will enable churches and faith-based organizations to leverage their investable assets to address global economic justice, fair housing, human rights to water and nutrition, and solutions for environmental security.
This article highlights the concept of a spending policy based on Total Return – the contemporary and successor spending model to the outdated “save the principal, spend the income.”