Could This Help Historically Black Colleges Fix Their Endowment Woes?
February 13, 2024
The endowments of Historically Black Colleges and Universities in the U.S. are woefully underfunded and under resourced.
Marvin J. Owens, Jr.
Connect with Marvin G. Owens, Jr.
Marvin J. Owens, Jr. currently serves as Senior Strategist in the Mayor’s Office, City of Cleveland. In this role he has overall responsibility for community and economic development, housing development repair and rehab, blight removal, and code enforcement, and catalytic redevelopment for the southeast side of Cleveland, Ohio. In this role, Mr. Owens reports directly to the mayor and leads the implementation of Mayor Justin Bibb’s Southeast Side Strategy. Prior to joining the Bibb Administration, Marvin served as Chief Engagement Officer for Impact Shares.
In this role, Marvin had engagement responsibility for both fund managers and corporations, as well as cultivating and maintaining relationships with financial intermediaries with the goal of AUM growth. Marvin was also responsible for strategic relationships with our social advocacy partners, and lead the firm in broader Social Impact and advocacy conversations. Marvin Owens also served as the firm’s lead in all ESG conversations, and the led the firm’s shareholder advocacy work. Prior to joining Impact Shares, Marvin served as Senior Director of Economic Programs for the NAACP. In this role, Mr. Owens was responsible for the NAACP’s national Economic Inclusion agenda which includes Asset and Wealth Creation programs with efforts that support financial education, homeownership, minority business development, franchising, workforce development and diversity; Advocacy and Sustainability with efforts around economic justice and social impact investing; and Research with ongoing efforts to track and report economic conditions, as well as recommended public policy changes. Mr. Owens led the NAACP’s corporate scorecards.
Prior to joining the NAACP, Mr. Owens served a consultant, lecturer, and technical assistance provider in the areas of Community and Economic Development, Small Business Development, and Community Organizing. Mr. Owens serves as an Advisory Board Member of the Stonehenge Capital NMTC fund, where he advises, recommends, and monitors fund investments for economic impact. Guest lecturer credits include Oxford University’s Saïd School of Business on the subjects “Responsible Leadership,” and “Economic Development in the Black Church.”
Prior to becoming an independent consultant, Mr. Owens served as Vice President for Economic Empowerment at the National Urban League (NUL) where he managed all aspects of NUL’s corporate, foundation, and government relationships with specific focus on affiliate economic development activities, small business development, and finance. Mr. Owens was responsible for implementing business and economic development efforts in more than 20 US cities. Mr. Owens oversaw implementation of the National Urban League’s Empowerment Fund, and was the lead staff in creating NUL’s current model of economic empowerment centers.
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The endowments of Historically Black Colleges and Universities in the U.S. are woefully underfunded and under resourced.
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