The Fels Fund’s mission is to improve conditions and opportunities for marginalized communities in Philadelphia, and move us towards a more socially, racially and economically just society.
We envision a day when all Philadelphians can live full, meaningful and dignified lives as valued and contributing members of our diverse and vibrant city.
We believe building a just Philadelphia and social responsibility goes further than making grants. Because of this belief, the Board decided to align our investments to be more mission-aligned and socially responsible. This means: investing in companies that align with our areas of funding focus; divesting from companies that actively work against our mission; utilizing screens for governance, diversity/inclusion practices when selecting investments; and considering opportunities to invest locally. Currently the Fels Fund has invested nearly half of its assets in a combination of mission-aligned and socially responsible funds. By 2025, the Fels Fund aims to have 100% of its assets aligned with its mission and/or invested in socially responsible funds.