AltruShare Board of Advisors
(in alphabetical order)
David Berge is the President and Founder of Underdog Ventures, LLC, a company that creates and manages customized community venture capital funds, integrating socially responsible investment, community development finance and philanthropic components. Underdog Ventures has been recognized as one of ten U.S. financial institutions providing especially strong benefits to the environment.
David is the former Chair of the Social Investment Forum, the trade association for institutions and professionals involved in the $2.8 trillion socially responsible investment industry in the United States. He is a former member of the Boston Federal Reserve’s Community Development Advisory Board, the Cooperative Fund of New England Advisory Board, the Equity Trust Advisory Board and the Vermont Businesses for Social Responsibility Board of Directors.
Robert Shultz has been actively involved in institutional investment management for over 35 years. He served as Managing Director of Client Relations for Trust Company of the West and as Senior Vice President of the CommonFund with responsibility for domestic equity programs. His pension plan sponsor experience includes positions as Vice President of Pension Asset Management for RJR Nabisco, Director of US Retirement Funds for IBM, and pension administration at New York Telephone and Western Electric.
Bob currently wears a number of hats, including Membership Director of the Q Group, Director of Christian Brothers Investment Fund, General Motors Absolute Return Strategies Fund, and LIM Asia Arbitrage Fund. Bob also serves on the Advisory Board of Advanced Portfolio Management NY and the Investment Committee of Ascension Health, St Louis.
Michael Swack is a professor at the University of New Hampshire, where he has appointments at the Carsey Institute and at the Whittemore School of Business and Economics. At Carsey, he is working on building scale in the nonprofit community development sector, innovations in community development finance, microfinance, and new models of social enterprise. He manages two ongoing projects: the Financial Innovations Roundtable (in collaboration with the Federal Reserve Bank of Boston) and the Stonyfield Farm Entrepreneurship Institute (in collaboration with Stonyfield Farm Yogurt). He has over twenty-five years of experience in the fields of economic development, finance, and development banking.
Michael was the founder and former dean of the School of Community Economic Development (CED) at Southern New Hampshire University. He has been involved in the design, implementation, and management of a number community development lending and investment institutions both inside and outside the United States. He was the first chairman and served for seventeen years as a board member of the New Hampshire Community Development Finance Authority (CDFA), a state-chartered equity fund for community economic development ventures and projects. He is the founding president and a current board member of the New Hampshire Community Loan Fund. He was a founding board member of the National Association of Community Development Loan Funds (now the Opportunity Finance Network), a trade association of Community Development Finance Institutions, and a current member of the Community Development Advisory Council of the Federal Reserve Bank of Boston. Internationally he has been involved in development finance and microfinance work in Africa, Asia, and Latin America.
Michael has published in the areas of economic development and development finance. He received his doctorate degree from Columbia University, his master’s degree from Harvard University, and his bachelor’s degree from the University of Wisconsin-Madison.
Sue Toigo is the Chairman of Fitzgibbon Toigo Associates which provides third-party marketing services to traditional and alternative investment management firms. Sue co-founded The Institute for Fiduciary Education (IFE), which has been a professional development resource for over 3,000 major global fund sponsors and consultants at its seminars held throughout the world. Since 1985, the IFE has provided both educational seminars and informational services to large institutional investors worldwide.
Sue is also a founder and Director of the Robert Toigo Foundation, which supports 120 minority students each year in the nation’s top 17 business schools and has over 500 alumni in the financial services industry globally.
A graduate with honors from the University of California at Berkeley, she has been inducted into the Berkeley Women’s Hall of Fame. Sue serves on the Columbia Business School Board of Overseers.