Praxis welcomes two to Board of Trustees

Francis G. Coleman and Lori Scott joined January 1, 2023

Company updates |
Close up of a small leaf on a twisted vine

Praxis Investment Management® is pleased to welcome two new trustees to its Board of Trustees. Lori Scott and Francis G. Coleman both joined as of Jan. 1, 2023.

Frank Coleman | Praxis Mutual Funds Trustee

Frank Coleman

Frank Coleman is the founder and CEO of BeingFrank Consulting and has over 32 years of experience in the SRI/ESG* and faith-based investing industry. Frank previously held a variety of positions at Christian Brothers Investment Services over three decades, retiring as Vice Chair in 2019. He has also served on the boards of the Interfaith Center on Corporate Responsibility, USSIF: The Forum for Sustainable, Responsible, and Impact Investing, and Partners for the Common Good, among others.

Lori Scott, Praxis Trustee

Lori Scott

Lori Scott is Managing Director, Impact Credit, at Lafayette Square, a national investment platform, and brings over 25 years of experience in impact investing. Prior to her current role, Lori held positions at the John D. and Catherine T. MacArthur Foundation and Calvert Impact. She also helped launch Skopos, a European family office’s first EUR 100 million impact investment fund and served as analyst assessing the financial health and effectiveness of community development financial institutions.

Praxis thanks Candace L. Smith for her 15 years of service and dedication to the Board of Trustees. Smith served as a Praxis Trustee since 2007 and as Board Chair for the past three years.

Learn more about making an impact

Our core values embrace a wide range of the social concerns that reflect our faith and values as well as traditional, prudent financial considerations. We use our values as a central guide to how we approach stewardship investing, express our best expectations for corporate behavior, and provide a consistent standard for current and future investments.

 

Disclosure

* Socially responsible investing (SRI) is an investment that is considered socially responsible due to the nature of the business the company conducts. Environmental, social, and governance (ESG) investing refers to a set of standards for a company’s behavior used by socially conscious investors to screen potential investments.

You should consider the fund’s investment objectives, risks, sales charges and expenses carefully before you invest. The fund’s prospectus and summary prospectus contain this and other information. Please read them carefully before you invest.

Investment products are not FDIC insured, may lose value, and have no bank guarantee. Praxis Mutual Funds are advised by Praxis Investment Management, Inc. and distributed through Foreside Financial Services, LLC.