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Missoula group promotes investment of IRAs for local socially conscious investing

Socially conscious investing has been around for decades, but designating where your retirement money goes and keeping funds local is an innovative twist.

Last spring, Wayne Chamberlain stumbled across a snippet of information from the Rudolph Steiner Foundation. He went on their Web site, http://www.rsfsocialfinance.org, and discovered the San Francisco-based group offered exactly what he sought.

Using a passive custodian, the program allows people to steer IRA funds into projects and organizations aligned with their values.

Montana Nonprofit Association: http://www.mtnonprofit.org/

Montana Community Development Corp. http://www.mtcdc.org/

Wayne Chamberlain – [email protected]

By PAMELA J. PODGER of the Missoulian

Full Story: http://missoulian.com/articles/2008/02/03/bnews/br43.txt

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