Divesting from Wall Street, Investing in Community

The Kataly Foundation
2 min readJul 2, 2024

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In a series for ImpactAlpha, Kataly’s Chief Investment Officer, Lynne Hoey, tackled this big question:

“Is it possible to fully divest from Wall Street and invest in community with hundreds of millions of dollars?”

Over the course of six articles, Lynne explores how foundations decide what is “enough” in terms of assets, and whether we can create an investment strategy in philanthropy that is aligned with racial justice, instead of just focused on the bottom line.

Below are links to all six pieces:

We hope this series offers a window into our journey on designing a values-aligned investment strategy, and welcome any questions. Kataly is constantly learning and evolving based on lessons from our work, and our partners—we hope to continue strengthening our investment strategy as we move towards spend out.

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The Kataly Foundation

The Kataly Foundation moves resources to support the economic, political, and cultural power of Black and Indigenous people, and all communities of color.