Investing by the Book

Charity | Biblically Responsible Investing is slowly catching on among evangelicals | Warren Cole Smith

Art Ally (Photo by Nicholas Butler)

A quiet revolution has taken place over the past 30 years in corporate America. Driven by such groups as the pro-gay Human Rights Campaign and the pro-abortion Planned Parenthood, large corporations such as JP Morgan Chase and Bank of America have become major funders of liberal social action. And since 1973's Roe v. Wade decision, more and more healthcare companies are directly involved in the abortion industry.

My frequent WORLD co-writer Howard "Rusty" Leonard, whose investment firm Stewardship Partners is one leader in the field of Biblically Responsible Investing (BRI), estimates that 20 percent to 30 percent of large-cap companies engage in activities that evangelicals would find objectionable.

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August 29, 2009, Vol. 24, No. 17

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