May 7 2010

Jewish American Group Tzedek: Responsibly Investing Through Jewish Values

Tzedekâh meaning justice or righteousness in Hebrew seems commensurate to the very same name of a group which is dedicated to community investing in low and moderate-income neighborhoods. Through education, organizing, and lending, Tzedec creates partnerships between Jewish investors and these communities.

By collecting low and even no-interest loans from Jewish philanthropic investors, the program not only encourages other Jews to give back but to create professional partnerships of trust and mutual benefit with communities in need. Tzedek reinvests those funds in Community Development Financial Institutions (CDFIs) to serve individuals, businesses, and nonprofits typically neglected by mainstream banks. Tzedek credits it success on Jewish values.

By fulfilling Judaism’s tzedakah teachings, Tzedek is able to emphasize partnership and investment as the highest form of giving. In result, Tzedec’s mission of social justice energizes Jews and attracts unaffiliated Jewish activists and funders alike to Jewish life.

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