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Yale SOM Strengthens Its Nonprofit Board Membership Program with Support from Golub Capital
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Yale SOM Strengthens Its Nonprofit Board Membership Program with Support from Golub Capital

With generous support of Golub Capital, the Yale School of Management will significantly expand and strengthen its Nonprofit Board Fellows program, which provides training and other supports for business students to serve as non-voting members on corporate boards. non-profit administration in the New Haven area. The enhanced Golub Capital Nonprofit Board Fellows program will join similar programs at six other business schools as part of the Golub Capital Nonprofit Board Fellows network.

David Golub, president of Golub Capital, said the company created the network to maximize positive impact. “Good board members dramatically improve the effectiveness of nonprofits,” Golub said. “The Golub Capital Nonprofit Board Fellows network will expand the pool of influential nonprofit board members, while fostering collaboration among leading business schools on how to support positive social impact.”

Yale SOM Dean Kerwin Charles said Golub Capital’s support will help the school expand its impact. “Our students are deeply committed to developing rigorous business skills and finding their individual path to making a meaningful impact on society. The enhancements to the Golub Capital Nonprofit Board Fellows program will have multiple benefits: for our students, for the organizations where they devote their efforts, and for the community at large. We are grateful to Golub Capital for making this initiative possible.

The Yale SOM Program on Social Enterprise, Innovation and Impact (PSEII) will oversee the expanded Golub Capital Nonprofit Board Fellows program. Paige MacLean, lecturer in management practice, will serve as academic advisor for the program. PSEII will also offer a for-credit course to board members, convene an alumni advisory committee, and develop a set of educational case studies that can be used across the network.

Judith Chevalier, William S. Beinecke Professor of Finance and Economics and Faculty Director of PSEII, commented: “This gift and the formation of Golub Capital’s network of nonprofit board members opens a new An exciting chapter for the Yale School of Management’s long-standing commitment to using business tools for social good. We are energized by this opportunity to enhance our service to the community, deepen the skills of our students, and engage with our peers across the network.

Yale SOM’s Golub Capital Nonprofit Board Fellows program was previously an independent student organization and will continue to benefit from strong student leadership, building on the existing structure that has helped connect students and nonprofits for over a decade, including organizations such as Amistad Academy, CitySeed, IRIS and New Haven lit.

One of this year’s student leaders, Jordan Vega ’25, commented, “We are deeply honored and excited to receive the generous support of Golub Capital and to join their first network of board members! This incredible opportunity will allow us to significantly expand Yale SOM’s Nonprofit Board Fellows program and significantly advance our mission to inspire and develop leaders who will positively impact business and society.