Mercy Partnership Fund, the global community investing program of Mercy Investment Services, provides below-market rate investments to mission-driven organizations and projects that provide high social and environmental impact.
Mercy Partnership Fund’s work builds on a rich legacy of community investing begun by the Sisters of Mercy in the 1970s when individual Mercy communities across the country began providing loans to local nonprofit organizations and fledgling community loan funds and deposits in newly formed credit unions that were addressing the need for access to affordable financial services in low wealth communities. The Sisters of Mercy, along with other religious communities, were among the pioneers in the community investing field, often as the first or an early investor in mission-driven organizations.
Mercy Partnership Fund currently invests in more than 70 organizations throughout the United States and across more than 70 countries, making loans and deposits that align with our goals to support organizations and projects that reduce economic poverty for individuals and their communities, especially for those underserved by traditional sources of capital; support economic, health and educational opportunities for women, children, immigrants, refugees, and people of color, and protect the environment.
Individual regional communities of the Sisters of Mercy begin investing in community organizations.
One of the first community development financial institutions (CDFIs) in the United States, New Hampshire Community Loan Fund, receives its first investment from the Sisters of Mercy.
Mercy Consolidated Asset Management Program (MCAMP), a combined investment program within the Sisters of Mercy, launches an alternative investment fund, which formalizes and expands the lending program.
MCAMP evolves into Mercy Investment Program. Participants can elect to dedicate a portion of their investments to community investing, know as Mercy Partnership Fund (MPF).
Mercy Partnership Fund is transferred to Mercy Investment Services, the first single investment program for the Sisters of Mercy and their ministries. All participants contribute to MPF.
Pope Francis releases Laudato Si, urging people around the world to take action toward climate change. MPF enhances its commitment to environmental justice, one of the Critical Concerns of the Sisters of Mercy.
MPF deploys increasing amounts of capital to community organizations aligned with the Critical Concerns of the Sisters of Mercy, including CDFIs, community development credit unions, banks, and international loan funds.
MPF strategically evaluates and elevates its impact, continuing to conduct its annual impact survey highlighting the global impact of the program.
Mercy Partnership Fund celebrates 30 years of impact built on the foundation of the Sisters of Mercy's pioneering investing.
Mercy Partnership Fund invests in a small number of new initiatives annually and welcomes the opportunity to learn about organizations and emerging ideas in the field. MPF’s current strategic priority areas include expanding international investments, supporting displaced persons – such as immigrants and refugees – as well as investments that advance racial and gender equity and protect the environment. For inquiries, please provide a brief description of your organization and investment opportunity and briefly highlight how it addresses a strategic priority area and aligns with one or more of Mercy Partnership Fund’s impact objectives and considerations.
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