Investments

See our Investment North Stars

Mission Aligned Investing

Mission aligned investing (also called values aligned investing or impact investing) is the practice of aligning a foundation’s investments with their values or mission. These values can include environmental interests, religious beliefs, and social justice.  Mission aligned investing is also a model that helps foundations maximize equity and philanthropic impact.  Access fundamental terms and concepts here.

$58.4 million in assets as of December 31, 2024

$43.2 million mission aligned - 73%

Asset Allocations

Maddox legacy investments are illiquid private equity and private real estate holdings that remain with our original investment firm until they can be liquidated and mission-aligned

Asset Manager Diversity

Our Investment Priorities

positive screens
  • Renewable Energy, low carbon impact and climate sustainability
  • Investment opportunities that reduce or mitigate the effects of climate change
  • Financial inclusion and capital access for disenfranchised communities
negative screens
  • Private prisons
  • Companies that take advantage of underserved or underrepresented populations
  • Fossil fuel miners/producers and companies with significant carbon footprints
diverse managers
  • Firm has a formal statement of Diversity and Inclusion and has adopted hiring policies to attract, retain, and train Black, Indigenous and People of Color, Women, and persons of underrepresented communities in the finance industry at all levels in the firm.
Read Our Full Investment Policy Statement

our investment partner

Bivium Westfuller is a full-service provider of mission-aligned Outsourced Chief Investment Officer (OCIO) solutions. We partner with leading mission-driven organizations to pursue investment performance in alignment with, not at the expense of, values. Our bespoke discretionary and non-discretionary models offer a comprehensive services, from the design and implementation of Investment Policy Statements and Strategic Asset Allocations, to selecting best-in-class managers, constructing alpha-seeking portfolios, providing comprehensive investment and impact reporting, offering a range of back-office support, and serving as an educator and thought leader partner to our clients.

Learn More

Learning

The Maddox Fund’s Investment Committee is committed to learning.  Here is an agenda of topics that we will cover over the next year.

Here are some resources we found helpful.

In partnership with other local foundations, we have been exploring ways to utilize assets beyond the 5% IRS required payout.  This group has covered different topics in 2024.  Check out this playlist to see what we are learning about.

See the Playlist

100 Taylor Street, A-20
Nashville, TN 37208
(615) 385-1006

Facebook-f Instagram

About Maddox

For Applicants

Share your feedback
©2025 Maddox Fund. All Rights Reserved.

Investment North Stars

  • Maddox aligns all its assets with its Vision, Mission, and DEIJL Values.
  • Maddox engages investment partners that embrace and embody its DEIJL Values.
  • As a learning organization, Maddox actively monitors its investment activities, measures their effectiveness, and adapts as necessary to live out our values while meeting our investment objectives.

Jen Bailey is the Executive Director of the Dan and Margaret Maddox Fund, bringing her deep experience in community-based leadership, philanthropy, and movement-building to the organization.

Jen is the Founder of Faith Matters Network, a national Womanist-led organization accompanying spiritually-grounded leaders on their journey to heal themselves and their communities. Since its inception, Faith Matters Network has served over 25,000 leaders through its programs and initiatives. She is Co-Founder of The People’s Supper, a global initiative that has hosted over 2,000 gatherings in 135 communities to foster conversation and collective healing across lines of difference.

Committed to advancing social change through philanthropy and nonprofit leadership, Jen serves on the boards of the Jessie Ball duPont Fund, the Fetzer Institute, and The Healing Trust, where she is the Board Chair.

An Ashoka Fellow, New Pluralist Field Builder, Aspen Ideas Scholar, On Being Fellow, and Truman Scholar, Jen holds degrees from Tufts University and Vanderbilt University Divinity School, where she was awarded the Wilbur F. Tillett Prize for accomplishments in the study of theology. Her work has been featured by On Being with Krista Tippett, CBS This Morning, The New York Times, The Washington Post, and more. She is also the author of To My Beloveds: Letters on Faith, Race, Loss, and Radical Hope (Chalice Press, 2021).

email Jen: [email protected]