Paradigm

Shifters

Unveiling, unpacking & unleashing foundation endowments

Edition #10

Spring greetings!

I’ve started channeling spirits between Zoom calls, and a letter from Harry Potter’s Professor Albus Dumbledore surfaced for me. Stranger things have happened.

Hoping you are all doing well and rocking the endowment boat!

Elizabeth

Featured Paradigm Shifter

Professor Albus Dumbledore was the Head of Hogwarts School of Witchcraft & Wizardry

Here’s a talk that he might have given:

PHOTO:  Harry Potter’s Albus Dumbledore

Honored Hogwarts Board of Governors,

As most of you will agree, we like best what is familiar to us, preferring time and again to do things the way we always have. Our Sorting Hat ceremony is one of the wonderfully familiar and long-standing traditions here at Hogwarts as we all eagerly await the Sorting Hat’s important decision on which of our four Houses it selects for each student. This ceremony – along with many others – gives us great comfort knowing we are on well worn and tested paths. 

The educated mind, of course, reflects and considers these well worn paths pondering whether there isn’t indeed a better way, a more thoughtful possibility. Age, however, has somewhat altered my intrepid spirit, and I have too often found myself veering toward the well worn path. But most fortunately for all of us, we are surrounded at Hogwarts by young minds with great purpose and enthusiasm. They help point us to our better selves.

One particularly exceptional student, Hermione Granger, has brought to my attention many things that I should have questioned on my own, but failed to do so – the condition of the house elves being among the critical issues she has brought to my attention. And now she brings yet another: the millions of galleons we invest through our endowment thanks to the generosity of many of you and our loyal graduates. Let me explain. 

In Hermione’s thorough manner, she has provided me with a list of where these funds are invested either directly through our asset manager or where Gringotts Wizarding Bank has invested the gold with which we entrust to them. The investments include the Hacking Fracking Company, which is slowly polluting the Black Lake here at Hogwarts, and to my horror, the notorious prison of Azkaban. Neither of these holdings – nor most of the others – reflect Hogwarts’ mission and the world we are working to create for our students. 

I am sure none of you were aware of such misaligned investments, and I humbly ask your permission to seek new asset management and the speedy reallocation of our funds into life-enhancing options, including fun options such as Fred & George’s “Weasleys’ Wizard Wheezes,” which not only bring joy during even the darkest times but are also performing magnificently well financially. Let us broaden our minds to the fact that there are ways to grow our endowment while not actively working against the very things to which we hold dear. We have no excuse to delay immediate action on our fund management. We know the problem, and must act expeditiously.

Thank you for your consideration, Albus Dumbledore

Mission Aligned Investees

Invest with us…

Do you have soccer equipment at home? It was probably made by children and adults working in horrendous conditions and paid pittance. To the rescue, companies like Senda Athletics are offering truly ethical alternatives. Ted Lasso would approve, I’m sure. 

Senda is building a head-to-toe soccer product line, including footwear, Fair Trade Certified balls, and custom team uniforms focused on the rapidly growing futsal (that’s 5-a-side soccer for the uninitiated) and indoor soccer market. A player from Argentina’s World Cup winning team was wearing Senda’s socks in the final!

Better yet, you can invest alongside us in Senda! Ask our friend and CEO, Santiago Halty, for Senda’s deck, financials, and projections. And you can always purchase Senda’s products online or through retailers, including Dick’s Sporting Goods, Amazon, and Soccer.com.  

PHOTO:  UnTours Foundation Co-CEO Elizabeth Killough with SENDA Founder & CEO Santiago Halty

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