Effective leadership and good governance can help maximize your mission but requires strategic, long-term thinking in a world increasingly focused on the short term.
In this episode, Bob DiMeo and Devon Francis speak with David Nierenberg, director of The National World War II Museum, where he also chairs the investment committee. They explore ways to improve nonprofit leadership and governance and discuss key considerations for investment committee members today.
You will learn:
How nonprofits can continue to advance their mission during uncertain market and economic conditions
What David has seen work well for nonprofit boards and investment committees
The current and future outlook regarding ESG and DEI
Insights into asset allocation based on current market conditions (including alternative investments)
David Nierenberg wears many hats, including being a Director for The National World War II Museum in New Orleans and Chair of its investment committee. He is also the longest-serving member of the Washington State Investment Board, which for the past two decades has been a top-performing state pension fund, priding itself on being transparent and ethical. David is Chair of The Ira Millstein Center for Global Markets and Corporate Ownership at Columbia Law School, a world leader in corporate governance. In addition, David estimates he has 200 “man-years” of service on public companies, private companies, government, and not-for-profit boards, which involved him in dozens of strategic plans, CEO searches, and the like. His volunteer efforts for investment committees are vast and span all sizes, from $15MM portfolios to over $200 billion portfolios. David attended Yale for both his undergraduate and law degrees. He and his wife Patricia were named Philanthropists of the Year in Southwest Washington.
How concerned should we be with market and economic trends? How can we improve our DEI efforts? What are opportunities and challenges should nonprofit leaders be focusing on? These are some of the pressing questions we hear from clients.
Join Bob DiMeo and Devon Francis as they speak with one of the most in-demand guests Mellody Hobson, co-CEO & president at Ariel Investments, a firm managing nearly $18 billion in assets. Mellody shares valuable insight into current investment trends, along with strategies to make your organization more diverse and inclusive.
You will learn:
Effectively diversifying your portfolio, given the recent performance of various asset classes
Ways to overcome the “unconscious bias” that sabotages your DEI efforts
How to evaluate investment managers and firms through a DEI lens
Valuable advice for nonprofit leaders to help them drive positive, systematic change
Tune in to hear Mellody Hobson’s expert insights on how investors, including nonprofit organizations, can thrive in the current environment!
As Co-CEO, Mellody Hobson is responsible for management, strategic planning, and growth for all areas of Ariel Investments outside of research and portfolio management. Outside of Ariel, Mellody is a nationally recognized voice on financial literacy. She currently serves as Chair of the Board of Starbucks Corporation and as a director of JPMorgan Chase. Previously, Mellody served as Chairman of the Board of DreamWorks Animation until the company’s sale and was also a long-standing board member of the Estée Lauder Companies. Mellody’s community outreach includes her role as Chairman of After School Matters, a Chicago non-profit that provides area teens with high-quality after school and summer programs. Additionally, she is vice chair of World Business Chicago; co-chair of the Lucas Museum of Narrative Art; and a board member of the George Lucas Education Foundation and Bloomberg Philanthropies.
Focusing on diversity, equity, and inclusion (DEI) is more than just the “right thing to do.” It can help your nonprofit make better decisions and achieve greater results.
In this episode, Bob DiMeo and Devon Francis speak with Cynthia Primo Martin, founder of the Trustees of Color initiative. They discuss actionable strategies to create diverse investment committees, overcome common DEI challenges, and leverage DEI initiatives to achieve your core organizational mission.
You will learn:
Top recruitment and selection practices for nonprofit boards and investment committees
Why nonprofit leaders should be intentional with their DEI efforts
How “board readiness” helps you overcome personal biases & become more accessible
How diverse committees are more likely to achieve better investment returns
Tune in to gain valuable insights into how DEI plays an important role in charitable organizations.
Cynthia Primo Martin is the founder of the Trustees of Color initiative, whose mission is to ensure that nonprofit boards are inclusive of people of color. Cynthia has served as a director and trustee of many nonprofit organizations, including the University of Delaware, Delaware Symphony Association, African-American Endowment Fund at DCF, and the Waterson Family Foundation. Earlier in her career, she served as human resources and equal employment opportunity director for a major insurance company. Cynthia is also the author of “Handbook for Nonprofit Leadership: Recruiting, Training and Engaging Trustees of Color.”