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The founder of $26.5 billion do-good investment firm just donated to an anti-homeless center effort in San Francisco

The founder of $26.5 billion do-good investment firm just donated to an anti-homeless center effort in San Francisco
Photo by John Harding/The LIFE Images Collection/Getty Images



Jerome "Jerry" Dodson founded Parnassus Investments, one of the biggest responsible investing firms, which aims to do good while making money.




The San Francisco resident donated $1,000 this week to a new GoFundMe, which is raising money to oppose a new homeless center.




Dodson's firm advocates for corporate issues including more philanthropy and "community sensitivity."




Dodson's opposition to the specific homeless center comes from a belief that other locations would better serve the homeless, according to a spokesman.



Jerome "Jerry" Dodson started a firm based on responsible investing, the concept that doing good and making money go hand-in-hand. He's also lobbying against a neighborhood homeless center, according to a fundraising page.
Founded in 1984, San-Francisco based Parnassus Investments has grown to one of the largest such firms, and the biggest mutual fund manager, that incorporates environmental, social, and governance considerations in the investing process. Parnassus is well regarded in the investing space, with analysts at Morningstar calling it "an unequivocal leader in sustainable investing" last year.
See more: This investing app lets anyone with $50 invest in companies that make money by doing good
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