Quarterback and the Center for Financial Services Innovation (CFSI) partnered to invest human capital valued at $240,000 to support organizations working on financial inclusion and fairness this past summer. With the completion of this year’s investment, that brings Quarterback’s total human capital investment in the sector to $1.25 million over the last three years.(1)
The investment, delivered in the form of strategic and growth support via the Quarterback fellowship program and its fellows, provided highly skilled fellows to four portfolio organizations that had also been selected for growth and innovation funding by CFSI as a part of their Financial Capability Innovation Fund II.
The 2015 Partners included: JUMA Ventures, MyPath, Neighborhood Trust Financial Partners and previous Quarterback partner, Moneythink. During their time with the organizations, Quarterbacks pushed those innovative organizations forward. Of note, they:
- Explored new lines of business and evaluated a potential for a new $1 million annual earned revenue stream,
- Analyzed detailed usage data and customer insights to inform development of new financial inclusion app, and
- Established business development process and protocol for growing recurring earned income streams and customer success.
We’re thrilled to have worked with CFSI’s network forward-thinking nonprofits and are eagerly building new partnerships for 2016.
Want to learn more about becoming a Quarterback or a Quarterback partner? Contact us to start the conversation!
(1) Value ascribed to the Quarterbacks’ time per CECP’s published Valuation Guide for Pro Bono Support. More information on how we value impact is forthcoming.