Civil Rights, Social Action, Advocacy

Responsible Endowment Coalition

  • Brooklyn, NY
  • www.endowmentethics.org

Mission Statement

The Responsible Endowments Coalition (REC) empowers students and the university community to create social and environmental change by investing their more than $400 billion in endowments more responsibly. REC helps to prepare the next generation of leaders by teaching them to understand the importance of money in making change.

Main Programs

  1. Active Ownership Initiative - Promoting University Level Shareholder Engagement
  2. Community Investment Initiative
  3. Student Organizer Program - Building Student Leadership
Service Areas

Self-reported

National

REC works with students, faculty, administrators, and other college community members around the country, from Maine to California and Texas.

ruling year

2005

Principal Officer

Self-reported

Dan Apfel

Keywords

Self-reported

endowments, responsible investment, community development, youth development, activists, student organizing, responsible investing

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Also Known As

REC

EIN

20-3257916

 Number

5239658990

Physical Address

33 Flatbush Avenue, FL 5

New York, NY 11217

Contact

Cause Area (NTEE Code)

Alliance/Advocacy Organizations (R01)

Leadership Development (W70)

Alliance/Advocacy Organizations (S01)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Active Ownership Initiative - Promoting University Level Shareholder Engagement

REC works to

increase the transparency of college and university
endowments, ensuring that students, faculty as well as administrations are
engaged partners in multi-stakeholder decision-making processes around
investing the endowment more responsibly. To do this, REC helps schools create
multi-stakeholder Committees on Investor Responsibility (CIR) and supports
their work including advising them on shareholder engagement and proxy voting.

Category

Public, Society Benefit

Population(s) Served

Young Adults (20-25 years) -- currently not in use

Youth/Adolescents only (14 - 19 years)

Budget

$0.00

Program 2

Community Investment Initiative

REC addresses the broad challenges of economic inequality
and an opaque financial system by advocating for colleges and universities to
use their endowments and operating funds in more transparent, more accountable
ways. By investing cash from endowments and operating funds in smaller, more
local financial institutions and through strategic outreach and education for
stakeholders about universities’ role in the financial system, REC builds
student power and will help to create public discourse on community investment.

Category

Community Development

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

General Public/Unspecified

Young Adults (20-25 years) -- currently not in use

Budget

$0.00

Program 3

Student Organizer Program - Building Student Leadership

REC's Student Organizer Program provides students an opportunity to learn in-depth about responsible investment and cultivate leadership skills in a year-long intensive program.

Category

Youth Development

Population(s) Served

Young Adults (20-25 years) -- currently not in use

Youth/Adolescents only (14 - 19 years)

Budget

$0.00

Service Areas

Self-reported

National

REC works with students, faculty, administrators, and other college community members around the country, from Maine to California and Texas.

Funding Needs

Individual Contributions, Grants

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

RESPONSIBLE ENDOWMENTS COALITION
Fiscal year: Jan 01-Dec 31

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  • Address, phone, website and contact information
  • Forms 990 for 2014, 2012 and 2011
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
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Operations

The people, governance practices, and partners that make the organization tick.

Responsible Endowment Coalition

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2012 and 2011
  • Board Chair, Board Co-Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Principal Officer

Dan Apfel

Governance

BOARD CHAIR

Mr. Neil Makhija

White House

BOARD LEADERSHIP PRACTICES

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RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?