In keeping with the Franciscan Sisters of Mary’s Gospel-rooted mission and longstanding tradition of solidarity with the economically poor, we commit to using our surplus assets to serve those on the margins locally, nationally, and globally. Surplus assets are those that remain after ensuring the ongoing needs of the congregation, including retirement, are met.
Approved during the 2011 General Chapter and revised in 2015, the Criteria for Disposition of Surplus FSM Assets guide all major philanthropic decisions. These decisions are shaped by our Franciscan values— specially conversion, along with gratitude, simplicity, humility, trust, and interconnectedness with all creation. We also weigh values such as stewardship, responsibility, and prudence in our discernment.
Key features of our giving include:
● Surplus assets are allocated to efforts that lessen the effects of global climate change, with a special emphasis on projects that advocate for people in poverty who bear its harshest consequences.
● Priority is given to organizations and individuals with whom FSM has existing or historic relationships.
● Transparency is fundamental to every transaction, defined by honesty, accountability, cultural sensitivity, and prudence.
● Exit strategies are established for major gifts and investments.
● Periodic review of distribution structures ensures our philanthropy remains effective and faithful to mission.
Through these commitments, we strive to share our resources boldly and responsibly,
recognizing the inherent risk—and transformative potential—in giving.