Impact Investing and Venture Philanthropy

Impact Investing

Impact investing and venture philanthropy are fields that apply traditional investment discipline and measurement to organizations aiming for social impact. The Rustandy Center for Social Sector Innovation facilitates courses and programs to help prepare Chicago Booth students for careers in these fields.

The following impact investing programs, resources, and courses are designed to help students build a solid foundation in traditional finance, while exposing them to social sector experts and innovative investing mechanisms.

Impact Investor in Residence

The impact investor in residence at the Rustandy Center mentors students, participates in or leads programs and workshops with student groups, and meets with alumni and faculty.

The Rustandy Center impact investor in residence Priya Parrish, 09, adjunct assistant professor of strategy at Chicago Booth and managing partner at Impact Engine, is available during regular office hours. Learn more about her on the center's leadership page.


Get Involved

Upcoming office hours are listed on the Rustandy Center events page. For questions about the impact investors in residence program, email


Additional Resources


Rustandy Center Impact Investing Internship

If you are interested in conducting research into the impact investing landscape in the broader Midwest, we will be hiring an intern for the 2019-20 academic year to help us with a project.

If interested, contact Will Colegrove.


Rustandy Center Impact Investing Award

In 2018, Karen Miller Padgett, ’93, endowed the Karen Miller Padgett, ’93 Impact Investing Experiential Learning Program, enabling the Rustandy Center to provide $6,500 to support one MBA student’s summer internship in impact investing.

To be eligible for the award, applicants must be enrolled in the Full-Time MBA Program at Chicago Booth and must be returning to class in the fall. Applicants also must work at least 10 weeks over the course of the summer. Applications are reviewed by a selection committee, made up of representatives from the Rustandy Center and Career Services. Learn more about award requirements (pdf).

The deadline to apply to the 2019 Rustandy Center Impact Investing Award is Wednesday, May 1, at 5 p.m. Apply now »

Questions? Contact Will Colegrove.


Perspectives in Impact Investing: A Series on Leveraging Capital for Social Good
The Rustandy Center, along with the center’s impact investor in residence, Priya Parrish, ’09, has launched a new series on impact investing. This series is for Booth MBA students and will provide an overview of impact investing with sessions on public and private markets, a panel with asset owners/investors, and a capstone simulation session focused on investing opportunities.

Upcoming seminars are listed on the Rustandy Center events page. For more information, please contact Will Colegrove.

Experiential learning and competitions include:


The Lauren and Keith Breslauer, ’88, Social Impact Scholarship awards $20,000 each to two rising second-year Booth students in the Full-Time MBA Program who are pursuing a career in impact investing or social entrepreneurship. For more information on the Breslauer Scholarship, please email Christina Hachikian.

For-Credit Courses

For-credit courses include (Booth password required):

Work Space

The Rustandy Center shares an office at 1871, a 50,000-square-foot collaboration space in downtown Chicago. University of Chicago students, faculty, and alumni working on startups or impact-investing initiatives may apply to gain access to this shared office to conduct meetings during regular business hours (Monday–Friday, 9 a.m.–5 p.m.). Startups interested in access must agree to a $5 monthly fee and adhere to all guidelines. To apply for access, fill out the online form.

Related Student Groups


As the Rustandy Center for Social Sector Innovation continues to grow its suite of impact investing programs, the center is looking for partners to support and engage with these efforts. Impact investing sponsors for the 2018-2019 academic year include:

Karen Miller Padgett, ’93  


William Blair logo

Houlihan Lokey 1



For more information on sponsorship opportunities, please contact the Rustandy Center’s Erica Phillips at



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