Paying It Forward!

Heartland Capital Strategies (HCS) and Georgetown University's Kalmanovitz Initiative for Labor and the Working Poor recently laid the groundwork for a new impact investment fellowship to launch in the Summer of 2017. The main objective of the Heartland Impact Investment Summer Fellowship at Georgetown is to identify and educate a new generation of responsible investors.

A select group of important investment, labor, business and academic leaders met on December 13 at Georgetown University for this extraordinary opportunity, among them Howard University Business School Dean Harvey Barron, GU Business School Associate Dean Patricia Grant and long-time pension consultant Allan Emkin of Pension Consulting Alliance (PCA). The plan was met with enthusiastic support, and the group, by itself, committed to pilot a group of at least ten fellows for next summer (and providing a pipeline for student prospects from three universities). It is anticipated the program could grow to dozens of fellows in the next few years.

Tom Croft and Joe McCartin present to the group at Georgetown

This cutting-edge fellowship will place students in 7-8 week field practicums with responsible investment funds and capital stewardship offices. The program will conclude with a week-long academic seminar and capstone-with faculty drawn from visionary investment, labor and business, and new urban leadership--in our nation's capital at Georgetown University.

Students will be recruited at both the undergraduate and graduate levels with an emphasis on those in business and finance, urban planning and community development, environmental and sustainable development, and labor and law programs. The program will include a strong focus on recruiting from diverse populations.

Attendees at the meeting provided critical input regarding program structure, organizational needs and potential project topics.

If you or your organization are interested in sponsorship opportunities for the Heartland Fellowship program, contact Tom Croft at

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