Being part of a diverse organization does not guarantee everyone feels valued and welcome. It’s crucial to simultaneously and intentionally focus on equity, inclusion and belonging.
Moreover, DEIB is not only the right thing to do, but research shows it can also produce better outcomes.
In this episode, Bob DiMeo and Devon Francis speak with Karen Paulson, partner and senior consultant at Fiducient Advisors, who also chairs the firm’s Diversity, Equity & Inclusion Steering Committee. Karen provides meaningful insights and inspiration to all stewards looking to advance their DEIB objectives.
You will learn:
Macro trends in the DEIB space, especially in the investment management industry
Various DEIB initiatives at Fiducient — and the three primary pillars that support these initiatives
How organizational leaders can develop diverse talent and an inclusive culture
Best practices to create DEIB awareness and align boards and committees
As a Partner and Senior Consultant, Karen services institutional clients, including 401(k) and tax-exempt retirement plans and nonprofit endowments and foundations, by providing advice and counsel on all areas of fund oversight including policy, asset allocation, manager research, portfolio structure, portfolio rebalancing, performance monitoring and overall investment policy. Karen is chair of the firm’s Diversity, Equity & Inclusion Steering Committee and is a member of the firm’s Defined Contribution Strategic Oversight Committee, Mission-Aligned Investing Committee and Employee Engagement Team. Karen co-founded Fiduciary Investment Advisors, LLC in 2006, which combined with Fiducient Advisors in 2020.
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.”