Chai Investment Program (CHIP)
Guide for congregations interested in pursuing socially responsible investment policies through the Chai Investment Program (CHIP).
Investing in economically distressed communities provides the best opportunity in recent years to move those communities from dependence to self-sufficiency, and so bring the repair of the world one step closer. Recognizing this, at its 1997 General Assembly, of the Union for Reform Judaism (formally known as the Union of American Hebrew Congregations) committed itself to establishing CHIP, the Chai Investment Program. Under CHIP, 1.8% of the Union’s invested funds will be invested in community development; so, too,will 1.8% of the assets of the Reform Pension Board, a joint instrumentality of the Union and the Central Conference of American Rabbis. The Biennial resolution also encourages all UAHC member congregations to participate in CHIP.