Pro-life Christians can make a huge impact if they stop investing in companies that support abortion, author and financial advisor Art Ally wrote in his new book “Investing & Faith: The Impact of Faith-Based Investing.”
The Christian Post reports Ally and a group of Christian financial planners wrote the book to encourage Christians to honor God with their money.
According to the authors, there are 105 million self-identified evangelical Christians and 68 million Catholics in America, and they can make a major, positive impact on our culture by investing wisely.
Ally said he felt convicted to change his investment strategy in 1992 when he was working with pastors as a financial consultant in Florida.
“… I felt called by God to make a change. I was very active in the pro-life community but wanted to do much more for God’s Kingdom,” he remembered.
“I soon realized that I could not use companies that trafficked in sin when these pastors were preaching against the evils of abortion and pornography from the pulpits,” Ally continued.
“I looked around for a system that would screen out offenders and allow for building biblically responsible portfolios, not only for pastors but also for other Christian investors. But I found little that reflected biblical principles. A few socially screened funds excluded alcohol and tobacco, but none screened for issues such as abortion and pornography,” he said.
Two years later, he began the Timothy Plan, a mutual fund that invests based on biblical principles, including the sanctity of life, according to the report.
In the book, contributor Rachel McDonough, a certified financial planner, explained why supporting companies that do not support abortion is so important to her.
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“My grandmother was raped in the 1950s,” she wrote. “She was not a Christian at that time. Still, she courageously fought to keep that baby. … She had the righteous determination to protect the unborn life of my mother, no matter what it cost her personally.
“So how was it that I only two generations later, could be so indifferent to her legacy that I didn’t even bother to ask if some of the profits in my portfolio might be coming from the business of terminating unwanted babies?” McDonough continued.
She said she began integrating “biblical wisdom into” her financial work, and stopped investing in “businesses that preyed upon human weaknesses and exploited the poor through slave labor.”
Finding companies that do not support the killing of unborn babies can be difficult. In June, the owners of 180 companies, including Twitter, Yelp, Bloomberg L.P., MAC Cosmetics, Go Fund Me and Ben & Jerry’s, publicly declared their support for abortion in a full-page ad in the New York Times.
The website 2ndVote tracks corporate activism, including groups that donate to Planned Parenthood, the largest abortion chain in America. Life Decisions International also publishes The Boycott List, which identifies corporations that support Planned Parenthood.
A few companies are unashamedly conservative and pro-life. Last fall, LifeNews identified several that pro-lifers can support, including Hobby Lobby, My Pillow, Curves and Omni Hotels.