The Wharton Social Impact Conference was organized by the Wharton Social Impact Initiative in collaboration with Wharton MBA and Social Impact Club students. The one-day conference featured keynote speakers, panels on social entrepreneurship, impact finance, and strategic partnerships. The goal was to discuss innovative business strategies and tools for creating positive social change. Over 150 people attended the event held in Philadelphia.

1. 2015
WHARTON
SOCIAL IMPACT
CONFERENCE
October 29, 2015 | Philadelphia, PA
#whartonimpactconf

2. The Wharton Social Impact Conference is organized in collaboration among the
Wharton Social Impact Initiative, students from the Wharton MBA Program for
Executives in Philadelphia, and students from the Wharton Social Impact Club.
We are grateful to our generous sponsors for supporting this event, and to all
of our enthusiastic attendees who have come to engage in deep and thoughtful
conversation about business strategies for a better world.
beyond the
solutions
Open WIFI network: Hilton Mtgs
Join the conversation online at #WhartonImpactConf
— 2015 Wharton Social Impact Conference —
twitter.com/WhrtnImpactConf • instagram.com/WhartonSocialImpact • whr.tn/impactconf

3. WELCOME
3
Welcome to the 2015 Wharton
Social Impact Conference!
It can be easy to let ourselves be overwhelmed given the size and
complexity of the world’s most critical social and environmental
problems. For those of us engaging in social impact, we consistently challenge
ourselves to think not only of the barriers but also look for solutions. But what
about the mechanisms and processes that get us to innovative solutions? What
do innovative models of social impact look like, and how can we iterate on those
models to facilitate continuous improvement?
The topics we’re covering in this conference aren’t new. We regularly identify
problems, brainstorm solutions, replicate, measure, and report impact.
Entrepreneurship, finance, and strategic partnerships are well-known vehicles for
social impact and are often discussed in other convenings. However, traditional
conferences focus on the problems and solutions, and generally not the
mechanisms and tools themselves.
This conference puts the tools of innovation—entrepreneurship, finance, and
strategic partnerships—front and center. The sessions today focus on specific
business strategies that push the envelope on what it means to make positive
social impact. We’re celebrating the pioneering models of impact that have
brought the field to where it is today, and we’re dreaming big about where we
can take it tomorrow.
Our speakers will share unique approaches and innovative models for tackling
the world’s seemingly intractable problems, and we look forward to the rich
discussion ahead. Thank you for joining us.
—The 2015 Wharton Social Impact Conference Philadelphia Organizing Team

4. AGENDA
beyond
11:30 AM – 12:30 PM
12:30 – 1:15 PM
1:15 – 1:20 PM
1:20 – 2:20 PM
2:20 – 2:45 PM
WELCOME
Registration, Networking & Buffet
Lunch
OPENING KEYNOTE
Iqbal Quadir, MIT Legatum Center for
Development and Entrepreneurship
IMPACT FEATURE
Sindhura Sarikonda, Sanlaap North
America
PANEL
Innovations in Models of Social
Entrepreneurship
BREAK
Sponsored refreshments by Kuli Kuli
Foods, Nourish Snacks, Rebel Ventures

5. 5
d the solutions
2:45 – 3:05 PM
3:05 – 3:10 PM
3:10 – 4:10 PM
4:10 – 4:15 PM
4:15 – 5:15 PM
5:15 – 6:00 PM
6:00 – 7:00 PM
SPECIAL FEATURE
“Great Expectations,” Jacob Gray,
Wharton Social Impact Initiative
IMPACT FEATURE
Anne Kearney, BNY Mellon
PANEL
Innovations in Models of Impact
Finance
IMPACT FEATURE
Jason Kass and Farzad Mahmoodi
Nobar, Toilets for People
PANEL
Innovations in Models of Strategic
Partnerships
CLOSING KEYNOTE
Ron Cordes, AssetMark, Inc. and
The Cordes Foundation
Networking Reception
For more information—including bios for all panelists, organizers
and speakers—visit whr.tn/impactconf.
Need assistance? Have questions? Find a staff member with a red
event badge, or tweet directly to us at @WhartonSocial.

6. KEYNOTES
Iqbal Quadir is a pioneer in creating
inclusive ventures in low-income
countries. In the 1990s, he founded
Grameenphone in Bangladesh.
Today, Grameenphone is the leading
telecommunications service provider in
that country with more than 53 million
subscribers. Currently, it is part of Telenor
Group, based in Norway. In 2003-2004,
Telenor made a strategic plan to increase
its position in Asia; today Asia accounts
for 52% of its revenues.
Subsequently, Quadir
helped found bKash with
the ultimate objective of
ensuring that low-income
people in Bangladesh have access to a broad range of
financial services. Currently, with 15 million customers, bKash
is helping to achieve this inclusion by providing services that
are convenient, affordable, and reliable. With this inclusive
philosophy in mind, in 2005 Quadir cofounded Innovations,
an MIT Press journal.
In 2007, he founded the Legatum Center for Development and
Entrepreneurship at The Massachusetts Institute of Technology.
The Center administers a competitive fellowship program for
incoming and current MIT students, from across all academic
and professional disciplines, who have demonstrated the
potential and commitment to create innovative and inclusive
enterprises in low-income countries.
He holds an MBA and MA from the Wharton School, University
of Pennsylvania, and a BS from Swarthmore College.
Introduced by Katherine Klein, Vice Dean, Wharton Social
Impact Initiative.
Iqbal Quadir
Founder and Director Emeritus,
Legatum Center of Development and
Entrepreneurship, MIT

7. 7
Ron Cordes has enjoyed an iconic 30 year
career in the financial services industry. He
is the Co-Founder and now Executive Co-
Chairman of AssetMark, one of the industry’s
leading fee-based investment platforms with
over $ 20 bb of assets under management in
partnership with 4,000 independent advisors.
In addition to his role at AssetMark, Ron is Co-
Founder of the Cordes Foundation, and serves
on a number of non-profit
boards. He has become
a globally recognized
leader in the fields of social
entrepreneurship and impact
investing—leveraging the power of the
capital markets to address the world’s
biggest problems.
His work has been profiled in publications
including the New York Times, Forbes,
Fortune, FastCompany and the Wall
Street Journal, and he is a regular
featured speaker at global philanthropic
and investment conferences. Introduced by
Sherryl Kuhlman, WG’01, Managing Director,
Wharton Social Impact Initiative
Executive Co-Chairman, AssetMark, Inc.
Co-Founder, The Cordes Foundation
Ron Cordes

8. 1:20 – 2:20 PM | Introduced by Greg Hagin, W’16, organizer and sponsor
Social entrepreneurship can take many forms. But the most successful
enterprises share a distinct awareness of their greatest assets and a vision to
leverage them for scale. This panel examines the innovative business models and
core skills that have helped social enterprises innovate, evolve, and succeed in
competitive or difficult environments.
MODERATOR
CHRISTOPHER BENTLEY Principal, Sustain VC
PANELISTS
PANEL
Innovations in
Models of Social
Entrepreneurship
BILL CROMIE
Director of Emergent Technology, Blue Ridge Labs at the Robin Hood
Foundation
CORINNE O’CONNELL
Associate Executive Director, Habitat for Humanity Philadelphia
TOBIAS PEGGS
President (Impact), The Kitchen

9. 3:10 – 4:10 PM | Introduced by Carolyn Kim Allwin, WG’ 16, organizer and sponsor
Social Impact Bonds/Pay for Success contracts are a relatively new investment
vehicle in social finance and have received mixed reviews in terms of their
efficacy. Hear how the public, private, and nonprofit actors in the social finance
space are thinking about SIBs/PFS, particularly in terms of their track record and
building organizational infrastructure for replicability and scalability—both in size and
across issue areas.
MODERATOR
KATE AHERN Vice President, Social Innovations, Case Foundation
PANELISTS
SUPROTIK BASU
Office of the UN Secretary-General’s Special Envoy for Financing the Health
Millennium Development Goals (MDGs) and for Malaria
SURYA KOLLURI, WG’92
Managing Director, Policy and Market Planning, Bank of America Merrill
Lynch Global Wealth and Retirement Solutions Business
PANEL
Innovations in
Models of
Impact Finance
9

10. 4:15 – 5:15 PM | Introduced by Angela Xu, C’10, W’10, WG’16, conference organizer
Strategic partnerships are about effectively engaging a broad and diverse array
of stakeholders and leveraging their core competencies for impact. Through
that lens, what are the characteristics and considerations associated with “scale”?
How do we distinguish innovation from inclusion? This panel will examine methods
of engaging partners for social impact and the practical lessons we can glean from
leadership who specialize in partnership development both large and small.
MODERATOR
KEN BERGER Managing Director & Chief Educator, Algorythm
PANELISTS
ANNE BOVAIRD NEVINS, C’99, WG’07
Senior Vice President, Marketing & Business Development, PIDC
DEEPAK JOLLY
Vice President, Coca Cola India & South East Asia
YANA WATSON KAKAR, WG’05
Global Managing Partner, Dalberg Global Development Advisors
PANEL
Innovations in
Models of Strategic
Partnerships

11. SPONSORS
Gold
Allwin Family Foundation
BNY Mellon
CCS
Wharton Social Impact Initiative
Silver
Bank of America Merrill Lynch
The Lowenstein Foundation
In-Kind
Kuli Kuli Foods
Nourish Foods
Rebel Ventures

12. Fertility Fund’s mission is to make family
planning and fertility procedures more
accessible and attainable to all women.
Every woman should be able to choose
when she pursues her career ambitions and whether she desires to delay motherhood to
a time most appropriate for her. Fertility Funds lends support to these women by offering
financing options for those seeking fertility procedures. In the spirit of Sheryl Sandberg,
Fertility Funds is “Leaning In” to lend support to the modern day women to find a way to
have it all. Visit fertilityfunds.com to learn more.
BNY Mellon is a global investments company dedicated to helping its clients
manage and service their financial assets throughout the investment lifecycle.
Whether providing financial services for institutions, corporations or individual
investors, BNY Mellon delivers informed investment management and investment
services in 35 countries and more than 100 markets.
As of Sept. 30, 2015, BNY Mellon had $28.5 trillion in assets under custody and/
or administration, and $1.6 trillion in assets under management. BNY Mellon can
act as a single point of contact for clients looking to create, trade, hold, manage,
service, distribute or restructure investments. Learn more at www.bnymellon.com.
Allwin Family Foundation
The Allwin Family Foundation is a private family foundation,
and a Gold level sponsor of the 2015 Wharton Social Impact Conference.

13. 13
CCS is dedicated to advancing non-profit
organizations through philanthropic growth.
For more than six decades, CCS has played a vital
role in the expansion and empowerment of the
non-profit sector. Headquartered in New York with
seven regional offices, the company’s projects span
the globe.
CCS’s signature service is the design and
implementation of major capital, endowment, and
comprehensive campaigns with additional focus
on feasibility and strategic planning studies, Board
development, prospect research and analytics, and
professional development training programs.
CCS provides fundraising counsel and campaign
management services to the most recognizable
brands in philanthropy, serving more than 300
organizations a year. We have counseled leading
academic institutions, national and international
charities, medical centers, religious bodies, civic
and human service organizations, and cultural
institutions in pioneering fundraising efforts.
CCS fundraising goals under consulting and
management total more than $5 billion.
As a leader in the philanthropic community, CCS
represents organizations from a full spectrum of
cultures and non-profit sectors. CCS also seeks to
build partnerships with organizations that recognize
the importance of promoting greater diversity within
the philanthropic arena.
www.ccsfundraising.com
Wharton Social Impact Initiative leverages
Wharton’s strengths to develop and promote
business strategies for a better world.
We use core business competencies to spur strategic and systems-level positive
social impact in Philadelphia and around the world. Through research, consulting,
hands-on training, and outreach, we are advancing the science and practice of social
impact and developing business leaders who are equipped to lead in an increasingly
interconnected and complex world.
Established in 2010, our cross-cutting work leverages tools and strategies from impact
finance and investing, impact entrepreneurship, and strategic corporate social impact.
Learn more at socialimpact.wharton.upenn.edu.

14. The Leon Lowenstein
Foundation and the
Bendheim Family
are proud to support
social impact at Wharton
through the Bendheim
Loan Forgiveness Program
and the Bendheim Fellows
Social Impact fund.
Learn more:
http://whr.tn/bendheim
NOTES
Bank of America is a leading financial institution, serving
individual consumers, small businesses, middle-market
businesses and large corporations with a full range of
banking, investing, asset management and other financial
and risk management products and services.The company
provides unmatched convenience in the United States,
serving approximately 48 million consumer and small
business relationships with approximately 4,800 retail
banking offices and approximately 16,000 ATM’s and
award-winning online banking with 31 million active users
and more than 18 million mobile users. Bank of America is
among the world’s leading wealth management companies
and is a global leader in corporate and investment banking
and trading across a broad range of asset classes, serving
corporations, governments, institutions and individuals
around the world. Bank of America offers industry-leading
support to approximately 3 million small business owners
through a suite of innovative, easy-to-use online products
and services. The company serves clients through
operations in more than 35 countries. Bank of America
Corporation stock (NYSE: BAC) is listed on the New York
Stock Exchange.
Bank of America Merrill Lynch is the lead
sponsor of the 2015/2016 MIINT competition.

15. Impact Features
Throughout the day, hear from several cutting-edge entrepreneurs. Three stories,
three-minute pitches, three different business strategies for a better world.
This month, in collaboration with Wharton’s
Department of Finance, the Wharton
Social Impact Initiative (WSII) released
new research examining two of the
most important aspects of impact
investing: financial returns and long-
term impact. This groundbreaking
study challenges assumptions about
potential trade-offs between maximizing
financial returns and ensuring the preservation
of portfolio companies’ social missions.
At 2:45 PM, hear from WSII Senior Director Jacob
Gray about “Great Expectations: Mission Preservation
and Financial Performance in Impact Investing.” Hard
copies of the report are available from conference staff.
Special Feature: Research
Read the report: whr.tn/impactinvesting
SANLAAP
NORTH
AMERICA
1:15 PM — Presented by
Sindhura Sarikonda,
WG’16, Founder & CEO
sanlaapna.org
TOILETS
FOR
PEOPLE
4:10 PM — Presented by
Jason Kass and Fazad
Mahmoodinobar, WG’16
toiletsforpeople.com
FEATURES
BNY MELLON
SOCIAL
FINANCE
3:05 PM — Presented by
Anna Kearney,
Associate Director
bnymellon.com
15

16. The Wharton Social Impact Conference is organized in collaboration among

17. 17
Sherryl Kuhlman, WG’01, is the Managing Director for the
Wharton Social Impact Initiative, where she works to integrate
the Wharton community into a local and global network of social
enterprises and impact organizations. She provides strategic focus
to Wharton’s numerous social impact projects and collaborations.
Stephanie Kim, MPA’16, is the Associate Director of Community
Strategy for the Wharton Social Impact Initiative. She brings a
background in international development, social entrepreneurship,
and volunteer management to drive urban impact partnerships,
research community development best practices, and test
entrepreneurial community impact solutions. She also directs
the involvement of undergraduate and graduate students across
Penn, liaises with student clubs, and facilitates other student-
facing initiatives. Stephanie earned her BA from Wellesley College
and is an Executive MPA candidate at Penn’s Fels Institute of
Government.
Allie Ilagan is the Manager of Marketing & Communications for the
Wharton Social Impact Initiative, where she employs a background
of online journalism, design, and social media expertise to bring
strategy and focus to the WSII brand. She is an active member of
the Philadelphia creative/tech community, and serves as a mentor
for the Spark program. Allie earned her BA in journalism from
Rowan University.
Tyler Hoffman is the Team Coordinator for the Wharton Social
Impact Initiative, where he facilitates the administration and
execution of WSII projects, events, fellowships, and speakers.
After receiving his BA from West Chester University, Tyler served as
Theater Director and coordinator for a K-12 training program in the
Greater Philadelphia Area and New Jersey. He brings this varied
experience to help grow an increasing number of WSII activities.
Gregory Hagin, WG’16, is a Managing Director with CCS, the
largest fundraising management and strategic consulting firm
to nonprofit organizations. He serves on the boards of Habitat
for Humanity of Philadelphia as well as Soceana, a social good
technology platform, and is completing the MBA for Executives
program at The Wharton School.
Carolyn Kim Allwin, WG’16, began her career as an attorney,
practicing at E&Y and GoldenTree Asset Management.
While pursuing her MBA at Wharton’s MBA for Executives
program in Philadelphia, Carolyn consults and invests in social
entrepreneurship ventures after having launched Fertility Funds.
ORGANIZERS

18. ORGANIZERS
Angela Xu, C’10, W’10, WG’16, is co-president of the Wharton
Social Impact Club. She started her career in management
consulting at the Boston Consulting Group. She is passionate about
international development and impact investing and has worked for
a social enterprise in China, Technoserve in Ghana, and the Acumen
Fund in Kenya.
Jessica Yen, WG’16, is second year MBA candidate and co-
president of the Wharton Social Impact Club. Prior to Wharton,
Jessica worked in manufacturing and operations management in
aviation. She is passionate about the education sector and in addition
to social impact, is involved in the dance, volleyball, and consulting
clubs at Wharton.
Katherine St. Onge, WG’16, is a Senior Officer, Investor Relations
for the Calvert Foundation. For 20 years, Calvert Foundation has
been enabling retail investors to invest for social good through the
Community Investment Note, a fixed income security. Katherine is
responsible for managing relationship with investors and financial
advisors to increase their understanding of Calvert Foundation’s
products and services. She is pursuing the MBA for Executives
program at the Wharton School.
Candice Lee, WG’16, is an MBA candidate at the Wharton School.
Prior to business school, she worked in public finance as a municipal
bond analyst and helped launch the fixed income research business
at Morningstar. At Wharton, Candice is a Director of Wharton
Community Consultants, bringing teams of Wharton MBAs to solve
strategic challenges of local Philadelphia nonprofits, and has worked
with a microlending social enterprise in Mexico City through the
Wharton International Volunteers Program.
Erika Lovin, WG’17, is a first-year MBA candidate where she is
actively involved with the Wharton Social Impact Club, Wharton Africa
Student Association, and Wharton Women in Business. Prior to
business school, she spent several years in management consulting
and, most recently, a year at the Gates Foundation. At the Gates
Foundation, her work focused on defining a new nutrition strategy
and promoting revolutionary sanitation technologies in the private
sector. Erika holds a BA from Harvard University in Applied Math and
has spent two summers working and volunteering in South America.

19. 19
Jahnavi Kundu, WG’17, is an MBA candidate at the Wharton
School. Prior to Wharton, she was a consultant at Ernst & Young
India, advising the federal government on improving public
healthcare and inclusive financial services using information
technology. At Wharton, she is also a Project Developer for the
Wharton International Volunteer Program to help social enterprises
in resource-limited geographies develop marketing and fund-
raising strategies.
Jodi Reynhout, WG’16, is the Vice President of Administration at
Esperanza, the nation’s premier Hispanic community development
corporation. For 30 years, Esperanza has transformed Hispanic
communities in the United States and internationally via an asset-
building approach to community economic development. Jodi has
over 12 years of nonprofit experience in various organizations and
roles, primarily in program and administrative management. She
joined Esperanza in 2009, where she plays a lead role in program
development and management, administrative management, board
governance, event planning, fundraising, strategic planning, and
marketing and communications.
Anita Mo, W’19, is an intern with the Wharton Social Impact
Initiative. She has contributed to design, communications, strategy,
and operations projects for WSII’s investing in women and girls
initiative and for the Social Impact Conference.
STAY CONNECTED
Interested in sponsoring the 2016 Wharton Social Impact Conference in
Philadelphia? Contact Stephanie Kim at kimstep@wharton.upenn.edu.
Continue the conversation at the Wharton Social Impact Conference in
San Francisco, to be held Spring 2016 and organized by students from the
Wharton San Francisco MBA Program for Executives.