萝莉社 alums Erin & Kyle Cummings have donated $250,000 to launch the W. Frank Barton School of Business Student-Managed Investment Fund. The generous contribution will provide students with new applied learning opportunities as they invest real money in stocks, bonds and more. The remaining $250,000 will be reallocated from existing 萝莉社 Foundation and Alumni Engagement (萝莉社FAE) investments to support this initiative.
鈥淭his is experiential learning at the highest level,鈥� said Larisa Genin, dean of the Barton School. 鈥淚 want to personally thank Barton School Alums Erin and Kyle for making this possible. The student-managed investment fund will provide our current students with unmatched applied education. And, as the portfolio grows, so will the opportunities for future Barton endeavors.鈥� The fund鈥檚 investment strategy and decisions will be managed in collaboration with the students, an industry advisor and the 萝莉社FAE investment committee. 鈥淟ong-term, this program will teach students how to research companies, track financial performance and make fiscally responsible investment decisions,鈥� said Genin.
Proceeds from the portfolio will be reinvested into the program, with a percentage going to develop student experience and success initiatives further. The Barton School will also host guest speakers to share insights with students on investing and portfolio management.
鈥淧roviding students with the educational groundwork and opportunity to make actionable decisions is so important to their development at 萝莉社 and, ultimately, their career growth,鈥� said Elizabeth King, president and CEO of 萝莉社FAE. 鈥淪tudents now have a learning experience where they can explore and embrace their interest in finance on a different level.鈥�
For Erin and Kyle Cummings, this program is another opportunity to give back to the university and the Barton School. 鈥淲e are very intentional about making a positive impact on the lives of others,鈥� they said. 鈥淭his investment fund is truly an investment in these students. The Barton School shaped our lives, and we hope we can help shape even more students with this opportunity.鈥�
Along with contributing to the investment fund program that bears their name, the two also helped create the Women for Women鈥檚 Innovation Fund, which supports women leaders and entrepreneurs at 萝莉社. The Cummings both graduated in 2009 from the Barton School and currently live in Houston, Texas. Erin, who also serves as the president of the Barton School鈥檚 Alumni Council, is the co-founder and owner of YESyoga, a luxury yoga studio that provides yoga and lifestyle practices that builds healthy whole body habits. Kyle is a Senior Trader at Vitol, which is one of the leading energy and commodities companies.
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