Impact investing, the practice of leveraging private capital for social and environmental gains by making investments that produce social and environmental returns in addition to financial returns, has gained significant steam in the last several years. It has also begun to make inroads into the investment and mission strategies of faith-based institutions and investors.
Burke’s movement went viral last year when #metoo caught fire on social media. Few may know or suspect that like many social movements before it, this one, too, emerges from the vision of a faith-rooted leader. Few may also be aware of the systemic change work at its core - empowering survivors to lead change in ending sexual violence. Burke calls it “empowerment through empathy.” When the hashtag becomes an artifact in social media memory, that hard work will continue as it started, quietly and powerfully in the efforts of survivor leaders to eradicate sexual violence.
Even while we as faith communities look outward to engage in social change in our societies, we also must confront the challenges within our own ranks - from racism to violence to sexual crimes by clergy and more. Social transformation always begins at home. We cannot ignore the destructive things done in the name of our religions or under the auspices of our religious institutions. But we also cannot just lament. We need new approaches to confronting these demons. In India, Basit Jamal, is setting an example, empowering young people to take Islam back from those who use it to promote extremist ideologies. Learn more about his empathy-rooted work in this article and video by Ashoka India at Youth Ki Awaaz.
Social innovation requires an enabling ecosystem, and one of the key players in that ecosystem is the philanthropic sector. Innovative philanthropists can help empower individual organizations to take risks while fostering collective impact in the process. With their faith under attack, one group of American Muslims and their allies are organizing to support Muslim change-makers who are creating solutions in their communities. In the process, they're reshaping perceptions of Islam in America. Read about Pillars Fund and their new approach to faith-based philanthropy in this article from Buzzfeed.