"We propose the following commitments that college endowments can pursue as part of the quest to further support a more diverse set of women and BIPOC founders and funders by June 2022:
- College endowments should transparently share the amount of funding going to women and BIPOC funders
- College endowments should formulate a strategy released by June 2022 for investing in emerging women and BIPOC fund managers
David Swenson once wrote that endowments have "a time horizon measured in centuries."
Let's ponder the multi-generational impact of backing a cohort that "typically invest a higher proportion of their earnings in their families and communities." (source: OECD)
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