Skip to main content

                                    REDF Farber Internship Program 2020

REDF | An Investment that Works
REDF is a pioneering venture philanthropy that invests exclusively in the growth and effectiveness of employment social enterprises―mission-driven businesses dedicated to helping people who otherwise would be shut out of the workforce, get jobs, keep jobs, and build a better life. Since 1997, REDF has invested in 201 social enterprises in 30 states, who have collectively employed over 42,000 individuals and generated $886 million in earned revenue. The investments we make transform lives, strengthen families and communities, and help build a better, more inclusive society.

The Farber Program
The Farber Summer Fellowship is a consulting-like engagement that gives you the opportunity to have a lasting impact on a social enterprise in REDF’s Portfolio. REDF offers MBA students the chance to:  
  • Spend 10 weeks learning what it truly takes to successfully run an employment social enterprise
  • Gain insight into the role of an intermediary and learn from REDF’s 20+ years of experience in venture philanthropy
  • Tap your experience, knowledge, and perspective to deliver results and insight to a social enterprise
  • Work in tandem with senior social enterprise leaders and receive coaching and guidance throughout the summer from REDF’s Portfolio team
  • Be a part of a collaborative cohort of dedicated MBA students from business schools across the country
Strategic Projects 
Farber Summer Fellows work on mission critical projects for the social enterprise they are assigned to. Some recent examples:
  • Assessing market size and potential of a new business line and developing market entry strategy 
  • Creating a marketing and sales strategy for an existing enterprise 
  • Analyzing enterprise profitability drivers and making operational recommendations
  • Creating an integrated dashboard to report financial and operational metrics across platforms
  • Creating an operations plan for a new enterprise/business unit 
  • Developing content and tools for REDFWorkshop.org, our practitioner platform
To learn more about past Farber projects and to learn about the cohort experience, check out our Alumni Blogs:
https://redf.org/the-latest/?category=farber-series 

Cohort Experience
As a Farber Summer Fellow, you’ll be part of a cohort of 10-12 incredible MBA students from across the country. Over the summer you’ll come together for three learning sessions led by REDF staff. Summer Fellows will learn about key social impact concepts including: double bottom line accounting, assessing and implementing effective employee support strategies, and the evolution of venture philanthropy. You’ll also have the opportunity to get to know our Board members and social enterprise leaders through our Partner Retreat, at the Farber Luncheon hosted by George R. Roberts, co-founder of KKR and REDF, and the Farber Mixer attended by Farber alums and REDF fans.
                         
Our Alumni
REDF has placed over 170 Farbers in social enterprises since 1997. When they graduate, many of our alumni return to or enter the private sector, working in a wide variety of industries including consulting, finance, or technology. Others stay in the social sector working in philanthropy, impact investing, or social enterprise. Regardless of their next step, our alums cite their experience with REDF and our partners as a transformative professional and personal experience.

To see a full directory of our Farber Alumni, see our Farber alumni page at:                       
https://redf.org/what-we-do/farber-program/farber-program-directory/

Desired Qualifications 
We are looking for candidates who demonstrate a commitment to applying their business acumen to the work that REDF does. More specifically: 
  • MBA candidate or other relevant graduate degree program candidate (e.g., MPP, MPA, MSW)
  • Passion for REDF’s mission
  • Ability to own their summer project and drive towards a usable deliverable that will benefit their social enterprise beyond the fellowship
  • Experience in management consulting, small business management, social enterprise and/or non-profit management 
  • Exceptional project management skills and ability to create concrete, useful, end products in a limited time frame 
  • Strong analytical, problem-solving, and organizational skills 
  • Exceptional communication and interpersonal skills
  • Sense of humor and humility 
  • Excited to be part of this summer’s Farber cohort and the Farber Alumni Network
  • Enjoy working autonomously while being part of a team, exchanging ideas and insights 
  • Priority given to students returning to school in Fall 2020
Logistics & Details 
  • Summer Fellows are placed at social enterprises within REDF’s Portfolio in the following locations: Austin, Boston, Chicago, Denver, Los Angeles, Portland, San Francisco (Bay Area), and Seattle 
  • The internship is 10 weeks and the salary is $1,000/week. REDF is a 501c3 organization and students could be eligible for a supplemental grant from their school’s internship fund
  • Two rounds of interviews will be held starting late January into March  
  • Offers will be made late February into March on a rolling basis
  • For more information and to read the Farber Program FAQs please visit our website at: 
    https://redf.org/what-we-do/farber-program/
  • Still have questions? Contact us at: farber@redf.org

The deadline to submit an application is Tuesday, January 21, 2020 at 11:59pm (PT).