When Everyone Wins Magic Happens
As a young professional–a trader at Citigroup–Rhoden Monrose felt a tug to do more good in the world at real scale. He also recognized that others in the Millennial generation had a similar passion for good but weren’t always getting the same opportunities older professionals did.
He created CariClub to match young professionals with nonprofits to serve as associate board members, offering the same sort of counsel and connections that their older peers provide on traditional board.
The innovative model provides a win to employers (who pay a fee for their employees to participate) in that they get more engaged employees who are building valuable experience at the same time they give back. Young professionals win as they get an opportunity to learn and develop new skills and a broader network even as they give back to their communities. Nonprofits win as they receive an infusion of young talent and perspective.
Be sure to watch the full interview with Rhoden in the video player at the top of this article.
Interview with Rhoden Monrose, the Founder & CEO of CariClub.
The following is the pre-interview with Rhoden Monrose. Be sure to watch the recorded interview above.
What is the problem you solve and how do you solve it?
Since launching in 2014, CariClub has partnered with nearly 500 highly regarded nonprofit organizations to place young professionals on associate boards from top industry firms such as Citigroup, KKR, Davis Polk, Third Point, Berkshire Capital, and many others.
More about CariClub:
CariClub is a unique technology platform strategically positioned at the intersection of corporate citizenship and professional networking. CariClub is a community of talented professionals working together to tackle society’s biggest problems. Our technology makes it easy for our members to discover associate board positions with hundreds of inspiring and effective nonprofit organizations. CariClub also helps firms connect with their millennial workforce and subsequently help them attract, retain and develop their next generation of leaders by giving young professionals access to philanthropic leadership opportunities, specifically associate board positions with well-known nonprofits and foundations.
Since launching in 2014, CariClub has partnered with nearly 500 highly regarded nonprofit organizations to place young professionals on associate boards from top industry firms such as Citigroup, KKR, Davis Polk, Third Point, Berkshire Capital, and many others. Headquartered in New York City with plans for global expansion, CariClub is reinventing what it means to give back for the next generation of business leaders. Headquartered in New York City with plans for global expansion, CariClub is reimagining what it means to give back and get involved for the millennial generation.
Our mission is to unlock the potential within each individual to become a driving force for good.
Rhoden Monrose Photo Credit: NYC Photography
Rhoden Monrose’s bio:
After emigrating from Saint Lucia at the age of twelve, Rhoden Monrose grew up in Harlem, NY. With the help of nonprofits, he attended a prestigious university and got a job as a derivatives trader at Citigroup. While the work was rewarding he felt something missing, and he tried to fill the void by working (and playing) harder. In 2011, he found a circle of like-minded people who found purpose in using their time, talent and money to make an impact. In 2014, he founded CariClub, a digital community designed to connect young professionals to nonprofit associate boards. Citigroup became Rhoden’s first client. CariClub now works with a large network of nonprofits, companies and young professionals, building a pipeline for the future leaders of the nonprofit world…and is having a lot of fun doing it.
Rhoden’s personal experiences with nonprofit organizations helped fuel his passion to develop a technology platform where other young professionals have the opportunity to engage with nonprofits at a higher level Rhoden is a member of Row New York’s associate board.
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