Booth Alumni
Nonprofit Consultants

Chicago Booth Alumni Special Interest Group

BANC News: Celebrating five years of meaningful social impact through pro bono nonprofit consulting.

Posted On: 11/22/2020 12:00:00 AM

Advancing nonprofit mission with Booth expertise

BANC is thrilled to celebrate our 5th anniversary! In honor of the occasion, this newsletter reflects on our beginning, checking in with the nonprofit leaders and BANC consultants from our first two “pilot” projects: Cara Chicago and the Women’s Business Development Center (WBDC). The successful outcomes and learnings from these two projects encouraged us to offer four projects the following fall — and led to the foundation for today’s organization. 

As we look forward to our next 5 years, we need your feedback to help assess the level of interest and opportunities to continue to grow and enhance BANC. Everybody's input is important to us - even if you have not yet participated in a project. Take the survey now. 

As reflected in the Cara and WBDC stories, our nonprofit clients tell us that a hallmark of BANC is our success at matching the needs of the client’s project with the right alumni skills and passion for the mission. BANC clients benefit from our outside and diverse perspectives that they would not be able to otherwise afford. Likewise, our alumni consultants consistently point to a strong connection with the client organization, mission, and team, which they find deeply satisfying and personally rewarding. 

We would like to take this opportunity to thank Cara, the WBDC, and all the nonprofit clients we have served over the last five years for placing their trust in our BANC community. To our alumni consultants who dedicated many hours of their free time toward making a lasting impact on our client organizations, we thank you for your dedication and passion. Many thanks to our wonderful and talented steering committee members for their countless contributions to the growth of the organization. Finally, BANC would not be possible without the support of Booth Alumni Relations and the Rustandy Center for Social Sector Innovation. Thank you for believing in our mission. 

We look forward to the next five years as we continue to support meaningful social impact through pro bono consulting. 

We welcome your feedback and suggestions. Contact us at banc@chicagobooth.edu

Sincerely,
Gayle Haller, '87, and Judy Maley, '84   

HOW IT ALL STARTED - PERSPECTIVE FROM BANC'S FIRST TWO PROJECTS 

Five years in, we check in our first two projects and learn how BANC's process and recommendations supported growth at two highly respected Chicago nonprofits.

Cara Logo
Five years ago, Cara was dealing with fragmented financial systems that would eventually need to move to a new platform. By being forward-looking with the BANC opportunity and the resources they had at the time, they were able to streamline a complicated process and ultimately help build a foundation that today strengthens and supports Cara's ability to deliver on its mission. Learn more about how Cara took a chance on BANC to invest in its future >> 

WBDC Logo
Founded in 1986, the Women's Business Development Center (WBDC) is a nationally recognized leader accelerating development of women-owned businesses and strengthening women's participation and impact on the economy. By 2015, the WBDC had grown to serve a wider spectrum of companies across industries, size, and scale. BANC consultants were tasked to assess how well WBDC was meeting the needs of their evolving client base and identify opportunities to enhance and improve WBDC's programs. Learn more about how BANC's success in addressing this need led the WBDC to seek out BANC for a second project >> 

VOLUNTEER SPOTLIGHTS 

As part of our anniversary celebration, we are excited to feature two consultants who have been with us from the beginning: Leah Pittacora, '01 and Sujatha Shenoy, '04. 
 
A white woman with shoulder length hair smiles, looking to the left of the camera
Three projects and counting: read how BANC participation has provided meaning and expanded Leah Pittacora's, '01, connection to Booth. Read her story >> 

An Indian woman smiles at the camera
Learn how being a BANC consultant provided the "brain food" for Sujatha Shenoy, '04, to launch a new career.  Read her story >> 

SHARE YOUR IDEAS AND FEEDBACK 

As we look to the future of BANC, we want to gather input from all Chicago-area Booth alumni -- past BANC participants, those interested in volunteering and those who are looking for new ways to leverage Booth skills to serve nonprofits. Please take a few minutes to share your feedback and help BANC understand and serve your goals. Complete the survey now >> 

UPCOMING EVENTS & ANNOUNCEMENTS 

5-Year Anniversary Celebration 
While we originally planned on a fall gala to celebrate five years of BANC, 2020 did not cooperate. Stay tuned for details on an in-person event when we can all safely meet again! 

Help Booth find the next generation of civic leaders 
Do you know an emerging nonprofit or government leader dedicated to a career in social impact? Encourage them to explore the Chicago Booth Civic Scholars Program, designed for exceptional, impact-driven professionals who work in a 501(c) nonprofit or government organization. The program now offers both full and partial tuition scholarships for Chicago Booth's Full-Time, Evening, and Weekend MBA Programs.  
Learn more about the program >> 
Nominate a rising leader >> 

Submit an interest form to engage with BANC 
BANC recruits for nonprofit clients on a rolling basis. Please complete the nonprofit interest form to be considered for an upcoming project.  

Alumni, if you are interested in learning more, submit a brief form to get on the list for future BANC updates and new project opportunities. 

Connect with BANC:

BANC Impact through April 2020: 24 projects completed; 32 consultants; 12,728 hours of consulting provided; $2 million value of consulting services
Check out our new website, and let your Booth network know about BANC by sharing us on social media. 
Follow us on Twitter: @boothbanc
Join the BANC LinkedIn group
Contact us at: banc@chicagobooth.edu


Want to learn more and get on our mailing list?

NONPROFITS
Click here to submit an interest form and someone from our Nonprofit Relations committee will contact you.

ALUMNI
Click here to submit an interest form and someone from our Alumni Volunteer Relations committee will contact you.

Are You Ready to Apply?

NONPROFITS

Thank you for your interest. Our application deadline has passed but please click here to fill out an interest form for a future project cycle. Nonprofit applications will be available in November 2021 and due in mid-January 2022 for our next round of projects starting in April 2022.

ALUMNI

Thank you for your interest. Our application deadline has passed but please click here to fill out an interest form for a future project cycle. Alumni applications for our next round of projects will be available in February 2022.