Bella Alvarez

  • Weekly News Round Up: June 22, 2023

    We hope you'll join us next Wednesday (6/28) at 12 pm ET to explore how we can effectively raise the bar for endowments and foundations' racial equity efforts, with a focus on reparations' role in eliminating the racial wealth gap and systemic racism.

    In this week’s news, the University of St Michael’s College commits to divesting from fossil fuels, Kwantlen Polytechnic University waives tuition for local First Nation students, and the SEC releases a tentative timeline for its finalized ESG rule.

    Read more

  • SIILK Initiative Call Recap: A Conversation with the Mayaan Fund

    Recently, IEN’s SIILK Initiative had the pleasure of hosting a presentation from the budding Mayaan Fund, a student-managed investment fund out of the Hebrew University in Jerusalem (HUJI). Elana Steinbach and Shir Kahanov, the student-and-faculty leads of the Fund, explained the fund’s inception, its role in the HUJI community and venture capital ecosystem, and the fund structure. 

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  • Net Zero Endowments Initiative Q3 Call | September 28, 2023 | 1:30 -3:00 pm ET

    Net zero portfolios are an effective and powerful way for investors to reduce risks associated with climate change and the transition to a low-carbon economy. They also accelerate corporate climate action to reduce systemic risk for all investors and to protect current and future generations from climate impacts.

    IEN convenes and supports endowments in learning about net zero endowments, making commitments, and participating in shareholder engagement efforts to get portfolio companies onto decarbonization pathways aligned with the 1.5 degree C warming target of the Paris Climate Agreement. This Quarterly Call was open to all IEN members. Participants joined us for presentations from Pedro Henriques da Silva (Director of Shifting Trillions at the Sierra Club Foundation) and Ed Micklem (Vice President and Head of Strategic Partnerships at Tumelo), followed by Q&A and dialogue!

    If you or your organization would like to learn more or participate in this initiative, please contact Aicha Ly at [email protected].

     

    Recording


  • Investment Governance Initiative Q3 Call | September 5, 2023 | 1 - 2:30 pm ET

    IEN's Investment Governance Initiative connects trustees to create opportunities for peer-to-peer learning among college and university fiduciaries on sustainable investing. It also develops documents and other vehicles to clarify for higher education trustees how sustainable investing strategies relate to their fiduciary duties, designed for audiences of trustees, presidents, CIO's, and CFO's.

    This quarterly call is open to members only. To learn more about this initiative or IEN membership, contact Georges Dyer at [email protected].

     

     

     

     

    Recording


  • Case Study: Implementing a Net Zero Endowment Commitment: Shareholder Engagement and Proxy Voting

    August 16, 2023 | 1 pm ET

    Despite political headwinds, there were a number of successes during the 2023 proxy voting season, including proposals on climate transition and emissions reduction plans to improve financial performance. Proxy voting and shareholder engagement around climate issues continues to create real impact at investee companies, a fact that continues to move institutional investors to choose this tack to advance their sustainability goals. 

    In this IEN webinar, member institution Arizona State University shares how they're advancing their net zero portfolio commitment through shareholder engagement, including collaboration utilizing proxy voting service As You Vote and direct corporate engagement on greater policy lobbying disclosures. ASU will be joined by TIAA, who will discuss their long-term engagement strategy on net zero goals and sustainability measures.

    Participants learned:

    • Best practices for shareholder engagement from an institutional investor and a manager
    • How to integrate sustainability goals, including a net zero commitment, into shareholder engagement efforts
    • How the new universal proxy card rules will affect institutional investors looking to promote equity and diversity in portfolio companies.

    Recording

    Arizona State University Slides

    Nuveen-TIAA Slides

    Speakers:

    • Megan Ahern - Senior Analyst, Responsible Investing, TIAA / Nuveen
    • Anthony Garcia - Director of Responsible Investing, TIAA / Nuveen
    • Jeff Mindlin - Vice President of Investments, ASU Enterprise Partners

  • published UNCF UNITE 23 2023-07-18 16:29:13 -0400

  • published UNCF UNITE Summit 2023 in Other Past Events 2023-07-14 16:05:31 -0400

    UNCF UNITE Summit 2023

    July 17 - 20, 2023

    Hyatt Regency Atlanta 265 Peachtree Street NE Atlanta, GA 30303

    Register

     

    Endowments are critical to the long-term financial stability and success of our institutions, and HBCU endowments lag far behind PWIs. The session will feature an expert panel of endowment investment professionals and HBCU leaders to share valuable insights on how to improve endowment management, advance sustainable investing strategies, and more effectively steward institutional resources.

    We are excited to present a thought-provoking session dedicated to endowment growth and mission-aligned investing at Historically Black Colleges and Universities for the 2023 UNCF UNITE event, "Endowment Growth & Mission-Aligned Investing at HBCUs". Endowments are critical to the long-term financial stability and success of our institutions, and this session will provide attendees with valuable insights and actionable takeaways on how to support and strengthen HBCU endowments.

    The session will feature an expert panel of endowment investment professionals and HBCU leaders who specialize in endowment management, fundraising, and climate aware investing. The panel will share their insights on the challenges and opportunities faced by HBCU endowments, and best practices and strategies for increasing endowment growth and addressing climate risk and opportunities in the investment process. 

    Attendees can expect to gain valuable insights on how to improve endowment management, advance sustainable investing strategies, and more effectively steward institutional resources. The panel will explore concepts for collaborative action to drive and support endowment growth at HBCUs and other Historically Black Institutions. Key takeaways and next steps will include exploring fundraising techniques, maximizing investment returns, and creating sustainable endowment policies. In addition, case studies of successful endowment campaigns that have been implemented at peer institutions will be shared.

    With the right sustainable strategies and policies in place, we can ensure that our institutions are well-positioned to provide high-quality education and support to our students for many years to come. We believe that this session will be of great value to all attendees, and we are excited to contribute to the important conversation around endowment growth at HBCUs.

    Speakers on IEN's Panel:

     

     

     

    •  Paris Prince, Director JEDI, Intentional Endowments Network

     

     

     

     

     

     Dorien Nunez, IEN Senior Fellow

     

     

     


     

     Hilda Pinnix Ragland, Board Chair, North Carolina A&T State University

     

     

     

     

     

    Angela Outlaw-MathenyDirector of Investment Staff & Diverse Manager Equity at Crewcial Partners, LLC

     

     

     

     

     

     Roberta LoboDirector, Responsible Investing, Nuveen, a TIAA company


  • SIILK Initiative Call Q2 2023 | July 19 | 10 am ET

    The SIILK Network (Sustainable & Impact Investing Learning & Knowledge) is an Initiative of The Intentional Endowments Network (IEN).

    This call will feature a presentation by the Mayaan Fund at the Hebrew UniversityThe Mayaan Fund is the venture capital impact investing platform of the Hebrew University community investing in early-stage impact startups.

    Presenters:

     Elana Steinbach, Business Administration and History Student at Hebrew University

     Shir Kahanov, Impact and Innovation, The Hebrew University Business School

    Recording:

    Contact Nicole Torrico at [email protected] with any questions, for more information, or to get involved with the SIILK Network.

    IEN Initiative calls are only open to IEN Members and/or students, faculty, or staff stakeholders at colleges and universities pursuing the development and implementation of sustainable investing education. To learn more about IEN membership or to become a member, please contact Harrison Ungar at [email protected].


  • Weekly News Round-Up: June 15, 2023

    The 2023 Fall Forum registration is now open! Join us at Virginia Wesleyan University on October 25, 2023, for an afternoon of learning and networking. Sponsorships are also available; please contact Harrison Ungar at [email protected] to discuss sponsorship opportunities.

    Additionally, we invite you to register for our Juneteenth season webinar on reparations, taking place on June 28 at 12 PM ET. All proceeds from the webinar will be donated to Reparations Finance Lab, a nonprofit working towards private sector capital allocation for reparations.

    In this week’s news, we share different ways to celebrate Juneteenth, companies funding support for HBCUs, the collaborations between HBCUs to expand climate data solutions. Lastly, our office will be closed on Monday June 19th, in observance of Juneteenth.

    Read more


  • SIILK Network Mentorship Program

    Mentorship Program

    This mentorship program pairs students with experts from the sustainable investing industry to provide real-world experience in sustainable investing and build their professional networks. The mentorship program aims to engage students with diverse backgrounds and experiences, including students of color and low-income students; with a goal of creating a more diverse pipeline of finance professionals with a solid grasp on sustainable investing.

     

    Sign Up To Be a Mentee

    If you are a current graduate or undergraduate student interested in learning more about the sustainable investing field and being paired with a mentor who will provide career and/or project-based support, and you are able to dedicate one hour a month for a six-month period to engage one-on-one with an expert in the field, you are welcome to participate.

    To sign-up to be a mentee, please fill out this form.

     

    Sign Up To Be a Mentor

    If you are a current professional at an IEN member institution, working in any area of the sustainable investing industry, and are able to dedicate one hour a month for a six-month period to engage one-on-one with a current student, you are welcome to participate. Resources on how to be most effective as a mentor will be made available at the start of the program.

    To sign-up to be a mentor, please fill out this form.

     

    Participant Roles & Responsibilities

    Mentees are expected to:

    • Develop with their mentor a set of tangible and feasible goals to complete within the term of the mentorship (i.e. establish ESG criteria for student-managed fund, introduce impact investing unit to finance course, host half-day event on sustainable investing);
    • Schedule and attend phone or in-person meetings with their mentor once a month to update them on progress in relation to their set goals and request feedback;
    • Share the results of their mentorship with The SIILK Network and IEN more broadly through a blog post, report, case study, or other deliverable(s).

    Mentors are expected to:

    • Help their mentee develop a set of tangible and feasible goals for the formal mentorship period that leverage their expertise;
    • Offer ongoing support and guidance to their mentee, both in relation to those goals and their broader career goals;
    • Connect with their mentee once a month over the term of the project;
    • Offer career advice, opportunities for informational interviews with colleagues, and access to relevant educational materials.

     

    Selection, Eligibility, & Term

    Participants in the program are selected and matched by IEN staff based on applications received through an annual call for mentors and mentees. Participation as a mentor or mentee is a six-month commitment, with required monthly calls to check-in on progress.

    In order to apply to be a mentor, an organization must be an IEN Member. A full member list and information on membership are available.

    In order to apply to be a mentee, students must be currently enrolled in an undergraduate or graduate program with a demonstrated interest in sustainable investing.  

     

    Benefits to Participants

    Both mentors and mentees benefit from the Mentorship Program through development and enhancement of professional skill sets. Specifically,

    Mentees benefit by:

    • Successfully implementing a project and developing new skills and expertise;
    • Having access to support and new perspectives throughout project development and overall career development;
    • Building their professional network.

    Mentors benefit by:

    • Enhancing their leadership skills and developing a reputation as subject matter experts and leaders;
    • Deriving satisfaction from actively working toward the goal of creating a more diverse pipeline of finance professionals with a solid grasp on sustainable investing;
    • Receiving recognition from IEN as a mentor on our website and in mentorship program materials.

     

    Contact

    Applications will be accepted on a rolling basis. If you have any questions or would like more information, contact Nicole Torrico at [email protected]


  • SIILK Network Fellowship Program

    FELLOWSHIP PROGRAM

    This one-year fellowship program aims to support education and professional development for exceptional students through an internship with IEN, academic project work, mentorship, training, and support. The fellowship program aims to engage students with diverse backgrounds and experiences, including students of color and low-income students.

     

    Fellowship Overview & Term

    Fellowships take place over a 12-month period, with fellows working:

    • 5-10 hours per week from January-May,
    • 40 hours per week from June-August,
    • and 5-10 hours per week from September-December.

    Fellows will receive an $8,000 honorarium and extensive opportunities to connect with experts in the sustainable investing field, attend industry forums, and access educational opportunities. The main components of the fellowship are project-based learning, training, support, and a formal mentorship program.

    Project Based Learning: Fellows will work with IEN Staff to develop a project proposal and work plan based on current Network priorities and the fellow’s expertise and interest. The leadership and implementation of this project will be the cornerstone of the fellow’s internship.

    Dedicated Mentor: Fellows will be matched up with an expert from the sustainable investing industry, providing fellows with access to real-world expertise and building their professional networks. Mentors will help fellows develop a set of tangible and feasible goals that leverage their expertise and offer ongoing support and guidance to the fellow, both in relation to their Fellowship project and professional goals beyond. Students in the final year of their degree program may be eligible for a customized fellowship schedule. the fellowship. Mentors will connect with fellows approximately once a month over the term of the project.

    Training and Support: Fellows will also participate in a one-day training at the beginning of the program to build knowledge on theories of change, sustainability frameworks, basic sustainable investing knowledge, and professionalism and workplace skills. Fellows will participate in quarterly meetings focused on project check-ins and continued education; and have the opportunity to attend events, webinars, and working group meetings hosted by IEN and partner organizations.

     

    Selection & Eligibility

    In order to apply for the fellowship program, students must be currently enrolled in an undergraduate or graduate program with a demonstrated interest in pursuing or advancing a career in sustainable investing. The fellowship program runs annually from January – December, and requires an average commitment of 5-10 hours a week from January-May and SeptemberDecember, and 40 hours a week from June-August.

    The fellowship program aims to specifically engage students of color, low-income students, and students with diverse backgrounds and experiences; with the goal of creating a more diverse pipeline of finance professionals with a solid grasp on sustainable investing.

     

    Our Fellows

    2019 Fellow

    2020 Fellow

     

    Contact

    Applications for the Fellowship Program are currently closed. For more information, contact Nicole Torrico at [email protected]


  • SIILK Network: Contact

    The SIILK Network connects student-managed fund advisors, faculty and staff members focused on sustainable investing curriculum, and students involved in student-managed funds to share best practices and resources to advance sustainable investing curriculum and strategies in each fund.

    Interested in learning more about SIILK and how you can get involved? Please fill out the contact form below, or reach out to Nicole at [email protected].

    Sign up

  • SIILK Network 2020 Fellow

    2020 SIILK FELLOW

    2020 SIILK Network Fellowship Program

    We are thrilled to welcome our 2020 Fellow, Julia Maloney, to the IEN Team! To learn more about Julia, see the links below.


  • SIILK Members & Partners

    SIILK MEMBERS

    The following student-managed funds and clubs are currently or have previously engaged with the SIILK Network. To learn about ways you can engage in this work, visit the Get Involved page.

    Arizona State University, Student Investment Management Fund
    Bringham Young University, University Impact
    Bryant University, Archway Investment Fund
    California State University - Northridge, Student Investment Fund
    Claremont McKenna College, Student Investment Fund
    Columbia University - Columbia Business School, Microlumbia Fund
    Dartmouth College, Tuck Social Venture Fund
    Indiana University, Hoosier Social Impact Fund
    London Business School, LBS Impact Ventures
    Loyola Marymount University, Student Investment Fund
    Miami University, Redhawk Ventures
    Middlebury College, RISE (Research & Investment in Sustainable Equity)
    Massachusetts Institute of Technology (MIT), Investment Management Club
    New York University, Impact Investing Fund (NIIF)
    Northeastern University, NU Impact Investing Initiative (NUIII)
    Portland State University, Student Investment Fund
    Simon Fraser University, Student Investment Advisory Service (SIAS Fund)
    Smith College, Smith College Investing Club
    Stanford University - Stanford Graduate School of Business, GSB Impact Fund
    University of California - Berkeley - Hass Center for Responsible Business, Haas Socially Responsible Investment Fund
    University of North Carolina - Asheville, Student Environmental Center
    University of Dayton, Hanley Sustainability Fund
    University of Michigan - Ross School of Business, Ross School of Business Social Venture Fund
    University of Minnesota - Carlson School of Management, David S. Kidwell Funds Enterprise
    University of Oregon, University of Oregon Investment Group
    University of Pennsylvania - Wharton School, Wharton Impact Investing Partners
    University of Utah, University Venture Fund
    Villanova University, Student Managed Fund
    Yale University, Dwight Hall SRI Fund

    SIILK PARTNERS

    This work would not be possible without the generous support and sponsorship from our partners.



  • SIILK Conference Calls

    During the academic year, SIILK hosts regular calls. Calls generally start with a student-managed fund story, where a student or faculty member presents on their work, followed by group Q&A. The remainder of the call is dedicated to group members sharing updates on developments at their schools, sharing specific asks of the group, and advancing progress on specific projects of the group.

    To receive call invitations, please sign up for the SIILK listserv.


  • SIILK Initiative: Sustainable Investing Certificates and Stand Alone Courses

    Compiled below is a list of resources to expand your knowledge around sustainable investing. These foundational courses are available for students looking to expand their knowledge around socially responsible investing as well as use some of these certifications for the purpose of career development. Upon completion of any of these modules, students will understand how sustainable finance can be used as a tool to steer the sustainability transition.


    Institution Name of Program Cost Overview of Program Certification

    US SIF

    Sustainable Investing: An Online Course For Individual Investors Free Free online course for individual investors who want to learn the basics of sustainable investing and how to align their portfolios to address their social and environmental priorities. N/A
    US SIF Fundamentals of Sustainable and Impact Investing Mem. $200
    Non $250
    Live or Online. Completion of the course results in a better understanding of this industry and qualifies for continuing education credits (3 hours for CFP® Board and various other industry designations)
    CFA Certificate in ESG Investing $675 Offers both practical application and technical knowledge in the field of ESG investing — an opportunity to both accelerate progress and demonstrate purpose.  
     
    PRI Academy Getting Started in RI $330 Introduction to RI and new ideas to traditional investment methods (2-3hr course, 3 CE hours)
    PRI Academy Foundations in RI $845 Explores key principles of RI, makes use of real case studies to demonstrate ESG issues in business and classifies methods for integrating sustainability data into financial models (12-14hr course, 10 CE hours)
    PRI Academy Advanced RI Analysis $920 Directed for Investment professionals, this course introduces skills that help identify new value drivers in financial analysis and applies realistic tools for modelling and stock valuation (6-8 hr course, 6 CE hours)
    PRI Academy RI for Trustees $160 Trustees will walk away with the knowledge as to why sustainability issues are important to pension funds, develop RI strategies that align with their fund’s objective, and pinpoint the relationship between ESG analysis and investment decisions (90-120 minutes)
    Chartered SRI Counselor CSRIC Professional Designation Program $1,300 int.
    $95 annually
    Designed for advanced financial advisors who want to gain foundational knowledge and advice for best practices with their clients concerning SRI (require renewal 16 hr CE/2yrs ) Upon graduation, designee earns 3 Credit hrs toward MS degree in Financial Planning
    IFF Sustainable Investing Training course $3,000 2 day training course in Central London with its purpose being to identify, structure and finance lucrative SI investments 40 CPD points
    IFF ESG Training course $1,550 1 day training course in London introducing the impact of ESG in investment including true illustrations of ESG and SRI practice CDP certified
    NYU Stern Sustainable Finance and ESG Investing $3,800 4 day online course designed for students with a background in finance to develop skills to identify and accelerate innovation by analyzing ESG impacts and outcomes
    NYU Stern Corporate Sustainability $1,936
    Orig. $2,200
    14 week pass/ fail program, 8-10 hrs per week N/A
    NYU Stern Sustainability Training for Business Leaders $3,800 This 2 day course assists executives in developing the knowledge, skills, and perspective to understand and address ESG challenges and build companies that meet the needs of society
    Concordia SI Professional Certification Self Paced $1950

    Mentored
    $3450
    The SIPC is designed for those who have a keen desire to learn and implement sustainability programs. Applicants should have some knowledge of accounting, finance and/or investments. Offers both online self paced and virtual mentored options.
    MMI
    Morningstar
    Sustainable Investing Curriculum $595 This program provides an intermediate-level overview of sustainable investing, key concepts and approaches,
    examination of common misconceptions,
    intro to ESG factor analysis and where it fits with traditional investment analysis.
    N/A
    SASB Fundamentals of Sustainability Accounting Credential Level 1 Mem. $400
    Non. $450
    The principles of SRI. (25 hr study exam prep material) FSA Credit
    SASB Fundamentals of Sustainability Accounting Credential Level 2 Mem. $500
    Non. $650
    The application of SRI. (25 Hr study exam prep material) FSA Credit

    Erasmus University Rotterdam

    Free

    ~17 hours to complete, all online.

    At the end of this course, you will understand how sustainable finance can be used as a tool to steer the sustainability transition.

    N/A

  • SIILK Network 2019 Fellow

    2019 SIILK FELLOW

    2019 SIILK Network Fellowship Program

    Thank you to our Inaugural SIILK Network Fellow, Alicia Sidik, for her fantastic work throughout 2019! To learn more about Alicia and the work she did during her fellowship, see the links below.


  • Weekly News Round-Up: June 8, 2023

    We're thrilled to share that Lewis and Clark College has joined our Net Zero Initiative Steering Committee, and incredibly proud to see their recent commitment to transition their investment portfolio to net-zero emissions by 2040.

    On the event side, IEN Members are invited to register for next week’s JEDI Initiative call on June 13 at 1 pm ET for a conversation on racial equity and systems-level investing. While you are at it, please register for Responsible Asset Owners - the Americas 2023, scheduled for June 28 in New York. Don't miss out on this opportunity to connect with industry experts, expand your knowledge, and contribute to the sustainable investing field.

    In this week’s news, Central Washington University highlights the undergraduate winners of the 2023 Student Corporate Engagement Challenge, a group of VC firms are getting HBCUs to invest in their funds, and DOL official Ali Khawar defends the DOL rule and its neutral stance.

    Read more

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