
Mission
We draw on the wisdom of faith lineages, especially the Catholic tradition, to animate a community of investors working to align their finances with the values and principles of Catholic Social Teaching. We do this through shared formation, encounters with the suffering poor and the earth, and collaboration with one another.
Our Story
Inspired by the Economy of Francesco movement launched by Pope Francis in 2019, the Francesco Collaborative emerged from a series of gatherings convened by Felipe Witchger and Elizabeth Garlow at the intersection of finance, spirituality, and Catholic Social Teaching. In the spring of 2021, a group of US-based Catholic asset stewards came together to wrestle with an important question:
What would bold action in impact investing look like if we use Catholic Social Teaching as our starting point?
“I am writing to invite…[those] interested in a different kind of economy: one that brings life not death, one that is inclusive and not exclusive, humane and not dehumanizing, one that cares for the environment and does not despoil it…[to] enter into a ‘covenant’ to change today’s economy and to give a soul to the economy of tomorrow.”
-Pope Francis, 2020 – Letter Sent by the Holy Father for the Event “Economy of Francesco”

Through a series of funding circles, the group shifted millions to Catholic Social Teaching-embodied impact investments by the fall of 2021. The Livable Future Investing workshop was born.
Now, six cohorts of the Livable Future Investing workshop later, our team curates a community of 150+ asset stewards interested in better integrating their faith values with their investment practices.

Our Team

Elizabeth Garlow, Co-Founder
Elizabeth is drawn to the spiritual dimensions of our shared work to build a new economy. She co-founded the Francesco Collaborative, which was in part inspired by the kinds of spaces she longed to be a part of as an investor: one that invites us to show up as our spiritually rooted selves, with deep vulnerability, care for one another and a commitment to critique the structural problems of our economy and dream about our role in its transformation.
Through her work, she supports protagonists of transformation drawing on lineages of faith, spirituality, and wisdom to ask questions like: “what is enough?” and “what does a practice of finance and investing fit for the needs of our time look like”?
Elizabeth previously co-led impact investing for the Lumina Foundation, served as a policy advisor with the Obama Administration, and co-founded a Detroit- based organization, Michigan Corps, to invest in local entrepreneurs through crowdfunding and innovative forms of patient capital. She studied political economy at Kalamazoo College, completed her graduate work in public policy and economics at Princeton University, and was awarded an honorary doctorate by the Dominican School of Philosophy and Theology in 2019. Elizabeth lives in Michigan, where she is enjoying getting reacquainted with Michigan’s Great Lakes and apprenticing with urban farmers in Detroit.
Elizabeth’s LinkedIn
Contact: elizabeth@francescocollaborative.org

Felipe Witchger, Co-Founder
Felipe co-founded the Francesco Collaborative to organize impact investors, entrepreneurs, and movement leaders and catalyze new culture changing possibilities. By restructuring power and participation in business and finance, Felipe believes we can unleash the courage, collaboration, and capital needed to tackle the social and environmental challenges we face.
Felipe was the Founding Executive Director of the Community Purchasing Alliance (CPA) where he spent 10 years building and operating a purchasing cooperative that was entirely designed, governed, and owned by its member churches, schools, and movement partners. In 2020, Felipe led CPA to mobilize $20 million in facilities contracts and solar projects, shifting 45% to Black and Brown-owned businesses. Felipe served for 4 years on the founding Board of Start.coop — an accelerator cultivating the next generation of cooperative businesses at scale.
Prior to CPA and Start.coop, Felipe led climate and clean energy research and business development initiatives at IHS Cambridge Energy Research Associates (now S&P Global) and Groundswell. Felipe lives in Durham, NC and holds a degree in Energy Studies and Economics from the University of Notre Dame.
Felipe’s LinkedIn
Contact: felipe@francescocollaborative.org

Bill Hatch, Associate Director, Catholic Impact Investing Collaborative
Bill loves the idea of a joyful theology of financial stewardship that is both radically generous and rooted in real relationship.
Bill began his career journey in finance, driven by a strong passion for developing practical and scalable solutions to the climate crisis. Based in Singapore, he played a key role in helping BW Group, a leading maritime company, invest in and develop new ventures in the cleantech and energy transition sectors.
A profound spiritual awakening in his late 20s led Bill to leave the corporate world and dedicate himself to serving marginalized communities through parish and retreat ministry in his hometown of Toronto.
Bill’s volunteer work on the investment committee of the Jesuits of Canada introduced him to CIIC and the Francesco Collaborative. He was deeply impressed by how the Livable Future Investing workshop uniquely integrated the deep connection and shared vulnerability of a group retreat with the experience, insight, and aspirations of experts and volunteers eager for change in the finance world. He is excited to lead the ongoing work of CIIC in catalyzing new opportunities for faith-first investing.
Bill holds a bachelor’s degree from Yale University and is a CFA Charterholder. He lives in Ontario with his wife Anne and their three young children.
Bill’s LinkedIn
Contact: bill@catholicimpact.org

Kelli Reagan Hickey, Director of Formation
Kelli loves ultimate, moral questions and believes they belong at the center of our economy and our lives. She is an avid collector of written wisdom and is most passionate about addressing questions of poverty, meaning, economics, and human development through a lens of Christian social ethics. Through her work, she seeks to restore and deepen our moral imagination through writing, advocacy, policy, and conversation.
Kelli spent several years at the University of Notre Dame’s Center for Social Concerns, where she fell in love with Catholic Social Teaching and the way it inspires a faith that seeks justice. She holds a BA in economics from Yale University and completed her graduate studies at the University of Notre Dame’s Mendoza College of Business. With Clemens Sedmak, Kelli is co-author of the book Counting the Cost: Financial Decision-Making, Discipleship, and Christian Living and serves on the board of directors for the National Institute for Ministry with Young Adults and the Bethany Land Institute.
When not pondering questions of faith or economics, you can find her hitting the trails for a Sunday long run or relishing in time spent with her husband, Brian.
Kelli’s LinkedIn
Contact: kelli@francescocollaborative.org

Christina Wolson, Fellow
Christina believes that it’s time to change our economy from one of exploitation and maximization to one of empowerment and taking care of one another.
Christina supports the Francesco Collaborative on special initiatives. Her career has spanned work as a journalist, strategic advisor and project manager at different organizations, including Slate magazine, social enterprise Digital Divide Data, urban think tank Utopia, the German development corporation GIZ, and the United Nations. In each role, she searched for solutions to create a different, more equitable economic system.
Christina supports the Francesco Collaborative on special initiatives. Her career has spanned work as a journalist, strategic advisor and project manager at different organizations, including Slate magazine, social enterprise Digital Divide Data, urban think tank Utopia, the German development corporation GIZ, and the United Nations. In each role, she searched for solutions to create a different, more equitable economic system.
Christina holds a BA in Economics and Psychology from Wellesley College and a Master of City Planning from the University of California at Berkeley. Born in Russia, raised in Germany and educated all over the world, Christina lives in New York City.
Christina’s LinkedIn
Contact: christina@francescocollaborative.org

Alissa Orlando, Fellow
Alissa is a serial entrepreneur passionate about hustling for hustlers. She was co-founder and Managing Director of The Drivers’ Cooperative and consulted for many shared ownership organizations including Inclusiv, Zebras Unite, and O1 Labs. She is currently co-founder of You Should Smile More Productions, a Tony-winning Broadway production company. She previously spent four years building Rocket Internet and Uber across East Africa and worked at McKinsey. She has her MBA from the Stanford Graduate School of Business and graduated summa cum laude from Georgetown University.
Our Board

Kate Barron-Alicante, Director of Impact, Abacus Wealth Partners
Kate Barron-Alicante is a financial activist whose body of work spans twenty years in the social change and financial services sectors. Kate’s gift is in supporting individuals and organizations who, navigating our current capitalist system, seek authentic and intentional approaches to align their justice-centered values, their legacy and their financial practices. Along with her clients, Kate shares a passion for strategically leveraging money for climate justice at this moment in history.
Kate serves as the Board Secretary-Treasurer of Taproot Earth, a global climate justice organization that centers the leadership of the Black diaspora, Indigenous and frontline communities in climate solutions. She is a founding member and inaugural steering crew member of Radical Planners, organizing progressive financial advisors to better support the movement for a Just Transition. Kate has worked over six years inside the financial services industry as financial advisor, relationship manager, and most recently Director of Impact and Board Member within a $3B financial advisory firm and B Corp.
Prior to her career in finance, Kate spent 15 years in social justice & social change work in non-governmental organizations and academia throughout the US, Europe and South America. Kate holds an MsC in International Development from the School of Oriental & African Studies, University of London, a BA in International Relations from Boston University and is a Certified Financial Planner™. She lives in Philadelphia with her family.

Dr. Sue Ernster, President, Franciscan Sisters of Perpetual Adoration
Sister Sue Ernster ministered as the congregation’s vice president from 2018 to 2022 and treasurer from 2013 to 2022. She holds a BA in Accounting, an MA in pastoral ministry and has served in campus ministry, parish administration and faith formation. Sister Sue represents FSPA as a board member of various local, national and international organizations including the Economy of Francesco, a global movement inspired by St. Francis and convened by Pope Francis that calls us to engage in an economy rooted in justice, stewardship and inclusivity.
She is also committed to FSPA engagement in impact investing, putting investor support to work with responsibility for all of creation.

Geoff Gusoff, Family Physician and Assistant Professor at UCLA
Geoff Gusoff is a family physician and Assistant Professor in the UCLA Department of Family Medicine whose work focuses on social and structural determinants of health, particularly assessing how the ownership and control of basic resources in communities impacts health. His research explores the health impact of community ownership strategies such as worker-owned businesses and community land trusts. He has worked on a variety of solidarity economy projects, including the development of a worker-owned day laborer cooperative in Philadelphia and supporting cooperative businesses in El Salvador.
His current work focuses on the role of home care cooperatives – home care businesses owned and controlled by home care workers – in improving job quality, care quality, and turnover among home care workers. Through these efforts he hopes to build the evidence base for the effectiveness of community ownership interventions and help design and implement more effective models.

Molly Harmon, Investment Committee Chair, Raskob Foundation for Catholic Activities
Molly Harmon is a dedicated advocate for justice, equality, and empowerment, channeling her passion into philanthropy and community building. With over 25 years of active involvement in the Raskob Foundation for Catholic Activities, she sits on its Board of Trustees, continuing her great-grandparents’ legacy of serving the global Roman Catholic Church. Molly, in relationship with her family, actively allocates $9M annually, focusing on Catholic social enterprises around the globe that drive systemic change. As a finance committee member at RFCA, Molly is committed to discerning how the Catholic voice and lineage can offer a vision for a more just financial portfolio that serves the common good.
Her expertise includes cross-sector collaboration, strategic partnerships, and sustainable program development, all underpinned by an entrepreneurial spirit aimed at disrupting systems and fostering a regenerative economy.

Paul Hazen, Executive Director, Overseas Cooperative Development Council
Paul Hazen became Executive Director of the Overseas Cooperative Development Council in February 2012. Previously, he represented one of the member organizations and served as OCDC’s board chair and as a board member. Throughout his career, Hazen has championed the U.S. cooperative system, which encompasses 29,000 co-ops; generates $654 billion in revenue; and creates more than two million jobs, representing $75 billion in wages and benefits.
Prior to OCDC, Hazen was CEO of the Washington, D.C.-based National Cooperative Business Association. Active in cooperative matters at many levels, Hazen is the one of the founders of DotCoop the top-level domain for cooperatives around the world. He also serves on the boards of the National Cooperative Bank, Capital Impact Partners and the Community Purchasing Alliance Cooperative.
In demand for his cooperative expertise, Hazen speaks frequently at national and international forums on the role of cooperatives in community and economic development. He is a past recipient of the CEO Communicator of the Year award from the Cooperative Communicators Association.

Philip Reeves, Founder and Managing Partner, Apis & Heritage
Based in Washington DC, Philip oversees all aspects of Apis & Heritage’s activities and is a permanent member of the investment committee. Philip is responsible for the firm’s investment process and leads debt capital raises. He also brings more than a decade of experience scaling small businesses to A&H’s portfolio companies.
Prior to founding Apis & Heritage, Philip spent the majority of his career working with small businesses in private, public and nonprofit roles. He led business and corporate development at a growing government contractor and also managed an accelerator program for 1863 Ventures, which focuses on helping minority and women owned businesses grow and succeed. Philip has also worked in government, acting as Manager of Small Business Technology and Innovation for the Government of the District of Columbia.
Philip began his career at Lehman Brothers in the private equity division. He is a Phi Beta Kappa graduate of Morehouse College and is deeply committed to using the power of business to bring positive change to communities too often left behind.
Visit Us
Our team is located across four cities:
- Detroit, Michigan
- Durham, North Carolina
- Columbus, Ohio
- Toronto, Ontario
If you are interested in our work and find yourself in one of these locations, please reach out. We would love to meet!
For mail and checks, please send to:
Community Cooperative (DBA Francesco Collaborative)
Attn: Marjean Sipe
P.O. Box 36111
Tucson, AZ 85740
Contact us at: +1 (402) 708-3208
Join a Welcome Call!
Tuesday, June 16, at 1pm EST: Register here
Thursday, July 16 at 1pm EST: Register here
Join for a Livable Future Investing workshop Q&A:
- Tuesday, June 23rd at 1pm EST: Register here
- Wednesday, July 8 at 1pm EST: Register here
Stay in touch
To learn more about our investor gatherings, workshops, and the questions we’re living… sign up for our newsletter.