Latest News

Posted: July 20, 2020
Q2 2020 saw engagement with 25 companies held within our portfolio. Themes discussed included Covid -19, Climate Transition, Decent Work & Human Rights and Reconciliation. A full report by company is available here .Read more
Posted: June 10, 2020
Appointment On behalf of the Board of Directors, I am pleased to announce the appointment of Mr. Lee Gould as Executive Director (E.D.) of ELFEC, effective June 1, 2020. Jeff Pym, our E.D. since the foundation was established in 2007, announced in 2019 that he would be retiring effective June 30, 2020. Since January the ELFEC Board of Directors has been engaged in a thorough search for a suitable successor, and in Lee Gould we believe we have found the leader who can guide ELFEC through the future phases of its growth, development and service. Lee is an accomplished and experienced not-for-profit executive, having spent three decades working in the sector. For the past seven years he was President and CEO of the Canadian Medical Foundation. Prior to that he held senior leadership positions at Lakehead University and several hospital foundations. Lee has already begun a period of orientation with the ELFEC staff. Kathryn Smith, Krista Kuehnbaum and Jeff will spend the next few weeks introducing Lee to the programs and people who make ELFEC’s mission both exciting and rewarding. Please join us in offering our appreciation to Jeff Pym for his dependable, visionary leadership through more than a decade of steady growth and his service to the church at large. You can continue to reach ELFEC staff at 1-888-308-9461. Lee Gould: lgould@elfec.ca Kathryn Smith: ksmith@elfec.ca Krista Kuehnbaum: kkuehnbaum@elfec.ca Bill Gastmeier, Chair Peter Brivins, Vice-Chair Al Hansen Rev. JoAnne Lam Gary VanMoerkerke Erin ZorziRead more
Posted: April 23, 2020
"The recovery from the COVID - 19 pandemic will reshape the Canadian economy from top to bottom. Those of us who hold a vision of fairness and sustainability can embed these values in the economic recovery." Anthony Schein, Director of Shareholder Advocacy, SHARE Q1 2020 saw engagement with 13 companies held within our portfolio. Themes discussed included Climate Transition, Decent Work & Human Rights and Water. A full report by company is available here .Read more
Posted: March 23, 2020
We are proud to support the work of Dr May Joy Philip. Earlier this year we received a grant application from Martin Luther University College to support the sabbatical project of Dr. Mary Joy Philip, Associate Professor of Lutheran Global Theology and Mission. During her time away from teaching responsibilities, Joy plans to travel to Liberia, Indonesia and South Africa, collecting stories from mothers and grandmothers in the third world countries/global south on weather prediction, climate change, the earth and the environment. The result of her visits will be several different resources on care for the environment, designed for use in worship, children's ministries and university classrooms. Funds approved from the David Pfrimmer Social Justice Fund to support this work because it addresses our environmental strategic priority. You may be interested in this brief story , which recently appeared in the LWF weekly newsletter.Read more
Posted: January 23, 2020
Q4 2019 saw engagement with 8 companies held within our portfolio. Themes discussed included Climate Transition, Governance and Decent Work. A full report by company is available here . Responsible Investment for a Sustainable, Inclusive and Productive economyRead more
Posted: January 9, 2020
Due to the pending retirement of our incumbent Executive Director, our Board of Directors is searching for an experienced, dynamic leader who can guide the organization through its next phase of growth. ELFEC is a faith-based charitable foundation based in Kitchener, Ontario. We have two primary program areas: responsible investing and gift planning . Interested persons are invited to find more information for this full time position and submit an application through the Charity Village website . The application deadline is March 1, 2020, with the successful candidate expected to begin employment on June 1.Read more
Posted: November 11, 2019
ELFEC recently finalized our latest impact investment in Emmaus Place , an affordable housing project in Langley, BC. Located on property belonging to Shepherd of the Valley Lutheran Church (SVLC), Emmaus Place will provide 82 units of affordable housing in apartment and townhouse suites. Rev. Kristen Steele, pastor at SVLC, said, “We're very excited that ELFEC is investing with our project partners, Catalyst Community Developments, to help make our affordable housing project, Emmaus Place, possible. This development of housing for seniors and families has been a vision this congregation has held for many years and we are excited to see it come to fruition. Thank you ELFEC for investing in the work of the church here in Langley.” ELFEC’s board of directors chose to invest in Emmaus Place because it addresses the elimination of poverty in Canada, one of the foundation’s three impact investment priorities. The investment will provide interest income to ELFEC partners while generating social benefits to the residents and the broader community of Langley.Read more
Posted: November 5, 2019
ELFEC’s board of directors recently made the decision to transfer management of our investment portfolio to Fiera Capital . There were two primary considerations in the decision process: generation of sound financial returns; and execution of our commitment to Responsible Investment. Each of the firms that made our short list demonstrated the capacity to do both, and each had strengths that convinced the board that they could do a good job for us. Both the investment committee and the board engaged in a thorough analysis before coming to the conclusion that Fiera offered the best option for us now. All of us here are excited by the possibilities the new relationship will offer to us and our investment partners. Sincerely, Jeff Pym, ELFEC Executive DirectorRead more
Posted: October 29, 2019
Please find attached our transfer form to be completed for any transfer of securities. • In-kind transfers of stocks are normally completed within 10 working days after the authorization is received at the office of Royal Bank Investor Services (RBIS). If your donation is made near the end of the calendar year, the transfer authorization form must be received by RBIS no later than December 10 to ensure that the transfer is completed by December 31 and the donation receipt can be dated in the current calendar year. • In-kind transfers of mutual fund units may take 20 or more working days to complete. If your donation is made near the end of the calendar year, the transfer authorization form must be received by RBIS no later than November 26 to ensure that the transfer is completed by December 31 and the donation receipt can be dated in the current calendar year.Read more
Posted: October 16, 2019
Q3 2019 saw engagement with 10 companies held within our portfolio. Themes discussed included Climate Transition, Human Rights and Decent Work. A full report by company is available here .Read more

Pages