Impact
Report November 2022 | himforher.org
Among the many joys of living in the Bay Area, I never imagined one would be sharing a property line with Yitz and I got to know each other chatting beneath the pomegranate tree that reaches across our backyards. A venture investor, Yitz is not only a good neighbor but also a valuable sounding board for business ideas. Naturally, I engaged him in my early thinking about Him
In the following pages, we explore the outcomes that ripple from Him For Her introductions, when strategic connections translate into board appointments that can lead to better outcomes for companies and their stakeholders.
After all, board diversity is not a pipeline problem. It’s a network problem.
Before I knew it, Yitz and I were sitting in the living room of Scott Cook, the legendary founder of Intuit. Thanks to Yitz’s introduction, Scott graciously guesthosted the inaugural Him For Her roundtable dinner in May 2018. Four years and 127 roundtables later, Him For Her has introduced thousands of board-ready women and board-building CEOs. How many of these connections – and the subsequent ripple effects they generated –would have happened without that conversation under the pomegranate tree?
When you extend your network to Him For Her –connecting us with women ready for board service and with CEOs and investors looking to build their boards as strategic assets – you help close the gap between those in the boardroom today and talented candidates outside their field of vision.
Together, we will turn those ripples into a wave.
Jocelyn Mangan Founder & CEO Him For Her
Him For Her | 2022 Impact Report himforher.org
Onward!
Him For Her | 2022 Impact Report himforher.org
“Authentic connections and follow-through all the way to the boardroom…”
Him For Her | 2022 Impact Report • Built a talent network of 5700+ board-ready women, more than a third of whom are women of color • Provided candidates for 1200+ board opportunities • Referred 3300+ women for at least one board opportunity • Introduced 975+ women for first-round board conversations • Placed 89 new board members through direct referrals Metrics through October 31 Over the last four years, we have: Our Vision: To transform lives by unlocking the social and economic benefits of diverse boardrooms himforher.org
How One Introduction Rippled to Two Boards
Liz now serves on the board and chairs the Audit Committee [NYSE: SNAP]
“I’m very proud of what Snap has done and continues to in the DEI space. ”— Liz
At
Liz now chairs the board of GLAAD
Sarah Kate
CEO & President, GLAAD
Him For Her | 2022 Impact Report himforher.org
Lara Sweet Board Member, Aura, Grover, MediaAlpha
Evan Spiegel Co-Founder & CEO, Snap
Sarah Kate Ellis-Henderson
“We are so fortunate to have Liz; she brings strategy and vision to our organization that will enable to get to the next level.”—
Krista Wegener
SVP, Sony Music Liz Jenkins CFO, Hello Sunshine
our LA roundtable, Liz met
How One Introduction Rippled to Three Boards
Malissia now serves on the Pacaso board
“I think housing is one of the last areas where we still get segregated by wealth and race, and bringing down barriers through co-ownership is a step toward more equity.”
— Malissia, Watch her TedTalk
Melinda now chairs the Audit Committee on the Wag! board [Nasdaq: $PET]
“Mel has made an immediate impact to Wag!’s trajectory with her wealth of experience in building sustainable business value and we’re pawmped to have Him For Her as a catalyst to this growth.”— Garrett
Radhika now serves on the QuickLogic board [Nasdaq: QUIK]
“Radhika has a deep understanding of how AI/ ML technology can be used to solve real-world problems in Industrial IoT, and how to scale SaaS businesses.”— Brian
Him For Her | 2022 Impact Report himforher.org
Austin Allison Co-Founder & CEO, Pacaso
Radhika Krishnan CPO & GM, Hitachi Vantara
Brian Faith CEO, QuickLogic
Melinda Chelliah
CFO & VP of Operations, Dermstore
Garrett Smallwood CEO & Chairman, Wag! Group Co.
Gila Jones COO, Westbrook & Board Director, Akanda
Malissia Clinton EVP, GC & Secretary Meritage Homes
Him For Her | 2022 Impact Report himforher.org Our Model LEARNING PROGRAMS 66 webinars and 56 external speaking opportunities for board-ready women and board-building CEOs and investors MEASUREMENT Annual study that benchmarks diversity on private-company boards ROUNDTABLES 127 conversations that extend networks TALENT NETWORK “SUPPLY” 5705 board-ready women, 35% of color BOARD OPENINGS “DEMAND” Intros offered for 1203 board opportunities RELATIONSHIP BASE 1000+ competency tags INTRODUCTIONS 58% of network referred for at least one board opportunity We connect board supply and demand through a combination of high touch and high tech.
Him For Her | 2022 Impact Report himforher.org 5,705 Board-ready womenRacial and ethnic diversity of our network Black Asian American Latina Other Women of Color Our Talent Network 13% 10% 7% 5% Distribution by IndustryDistribution by Industry Racial and Ethnic Diversity Communication Services Health Care Utilities 50+ candidates Real Estate Materials Industrials Energy Consumer Staples Information Technology Financials Consumer Discretionary
Our Talent Network
“
We were looking for someone with startup experience, who has been through an IPO, plus automotive industry experience and currently working within a large automaker.
Him For Her found Kelly Kay who meets all those criteria.”
—Laurie Menoud, AT ONE PARTNERS Kelly Kay now serves on the Ascend Elements board
Him For Her | 2022 Impact Report himforher.org
Him For Her | 2022 Impact Report himforher.org It was a very special evening. Many congrats. I’d be delighted to support again.” Thank you for inviting me to the dinner. The food nourished my body while the discussion fed my spirit.” “ “ —William Eccleshare, EXECUTIVE VICE CHAIR, CLEAR CHANNEL OUTDOOR —Laurence Latimer, FOUNDER & CEO, DINARA 127 1940 Conversations convened Guests engaged Our Roundtables
Our 2022 Guest Hosts
Him For Her | 2022 Impact Report himforher.org
Joshua & Amy Baer
Capital Factory Joshua Bolten Business Roundtable
Karen Boone Sonos Stacy Brown-Philpot Nordstrom
Scott Cook Intuit Craig Cummings Moonshots Capital
Lawton Cummings Capital Factory
Claire Davenport Trustpilot
Neal Dempsey Bay Partners
William Eccleshare Clear Channel Outdoor
Brad Feld Foundry
Julia Hartz Eventbrite
Kevin Hartz
A*
Joe Hurd Trustpilot
Shift4
Jared Isaacman
Mateo
Jaramillo Form Energy
Dara Khosrowshahi Uber
Meredith Kopit Levien New York Times
Our 2022 Guest Hosts
Him For Her | 2022 Impact Report himforher.org
Rob Lynch Papa John’s Danny Meyer Union Square Hospitality Group
Lloyd Minor Stanford Medical School
Andy Palmer Tamr
Joanna Rees West Ventures
Bob Rivers Eastern Bank
Chuck Robel GoDaddy Merline Saintil Lightspeed Kristen Silverberg Business Roundtable
Lisa Skeete Tatum Landit
Patrick Spence Sonos
Mark Weinberger MetLife
Jeff Weiner Next Play Ventures
Zander Lurie Momentive
Ashton Kutcher Sound Ventures
See all of our amazing guest hosts
Bill Kurtz Aterian
Mark Tatum National Basketball Association
Fawn Weaver Uncle Nearest
Frictionless
Him For Her | 2022 Impact Report himforher.org
Introductions
89
Directors placed With a 24% placement rate among closed searches 47 (53%) first-time directors 37 (42%) women of color 24 (27%) appointed by public companies 12 (13%) appointed by companies that have
public Without [Him For Her], I’d have just done what I’ve always done and relied on…my own network... You gave us exactly the candidates we were looking for.”
is great — we absolutely wouldn’t have found her otherwise”
“
1,203
Board referrals provided
since gone
Lara
“
—Mike Hatfield, EXECUTIVE CHAIRMAN, CARIUM Susan Solinsky now serves on the Carium board
— Emily Kane, MONOMOY CAPITAL PARTNERS Lara Lee now serves on the Liberty Safe board
Barbour, HEAD OF NETWORK, FOUNDRY
Him For Her | 2022 Impact Report himforher.org Programs 66 56 6 Him For Her webinars Outside speaking engagements CEO summits for 2500+ participants Learning It was a million dollars’ worth of advice in 55 minutes.” “ —Marianne Campbell, CHRO, SYUFY ENTERPRISES The panel discussion, “How to Build a High Functioning Board,” with Him For Her was one of the highest rated and universally relevant sessions at our 2022 CEO Summit.” “
—Megan
Him For Her | 2022 Impact Report himforher.org About 40% of high-growth private companies didn’t have a woman on their board of directors in 2021, according to a new study by the board diversity organization Him For Her and Crunchbase. Worse still, a whopping 78% didn’t have any women of color on their boards.” — “
Number of women per private-company board 0.97 14% of directors are women 3% of directors are women of color Distribution by Industry Racial and Ethnic Diversity of Our Network Benchmarking Distribution by Industry Racial and Ethnic Diversity of Our Network Benchmarking Distribution by Industry Racial and Ethnic Diversity of Our Network Benchmarking Read our report
Benchmarking
Partnerships
Founding Partners Alliance Members
—Nishita Cummings, MANAGING PARTNER, KAYNE CAPITAL
Him For Her | 2022 Impact Report himforher.org
Investor
“
Him For Her is a true partner, supporting Kayne Anderson in our commitment to boardroom diversity with high-caliber board candidates for the companies in which we invest.”
Partnerships
—Hannah Shore, PLATFORM DIRECTOR, GREYCROFT
Him For Her | 2022 Impact Report himforher.org
Investor
Him For Her has been an incredible thought partner and extended our network with introductions to over 30 women for Board Director roles across the Greycroft portfolio.”
“
Our Team
Founder & CEO
Our Board Directors & Advisors
Him For Her | 2022 Impact Report himforher.org
Jocelyn Mangan
Cookie Veconi Chief of Staff
Ximena Vivanco Senior Program Manager
Ann Shepherd Co-Founder & COO
Leana Hardgrave Program Manager
Jess Chen Senior Events Manager
Marshawn Denny Director of Operations
Fiona Tang Co-Founder & VP
Crista Bailey Chief Biz Dev Officer
Laura Gluhanich Senior Director
Racial and Ethnic Diversity of Our Network Benchmarking These “walk-on” songs get us fired up. TAKE A LISTEN.
Louise Trezzo Director, Partnerships
Distribution by Industry
MizMaa
Isaac Applbaum
Ventures
Nordstrom,
Stacy Brown-Philpot
HP
SQRLE
Marcelo
Alessandra
Simons Goodwin Procter Danielle Applestone
Sheila Lirio
Proof of Learn
Landit
Lisa Skeete Tatum
Quizlet,
Shannon Brayton
Vidly, Relativity
Joanna Rees West, FICO
Mike Xenakis Vacasa
Finances
October 2021September 2022
As we work to solve board diversity over the next decade, we are building a funding model that puts us on a path toward self-sustainability.
Last year, we shared our intention to invest in our team to accelerate our progress, with resulting expenses temporarily outpacing earned revenue.
We’ve since onboarded five new team members, invested in our data platform and professionalized our operations, increasing expenses by 73% yearover-year.
We are very pleased that our earned revenue, which grew by 25%, covered half of our operating expenses for the period.
Your generosity ensures we have the short-term runway necessary as we scale to deliver on our goal.
Him For Her | 2022 Impact Report himforher.org
Revenue:
Expenses:
2021 Ending Cash:
61% Donations 24% Earned Income: Partnerships 14% Earned Income:
2% Earned Income:
71% Payroll + Health Insurance 29% All other Our
$2,826,000
$2,217,000
$1,524,000
Referrals
Other
Him For Her | 2022 Impact Report himforher.org SupportersGrateful to Our Founding
Circle GIFTS OF $100,000+ Anchor Point FoundationBrad Feld & Amy Batchelor Anonymous The Reid Hoffman Foundation Jeff Weiner GIFTS OF $25,000+ Lynn and Tom Meredith – MFI Foundation Mark Weinberger GIFTS OF $10,000+ Paula & Jim Crown Vlad Magdalin The Valerie and Lee Shapiro Family GIFTS OF $5,000+ Godard Abel The Saj-nicole A. Joni Fund The Henry J Kaiser Family Foundation The Xenakis Family GIFTS OF $1,000+ Drs. Loren and Eric Aguiar Anonymous Stefanie Cavanaugh Sarah Grover Stacey Hadash Pamela Jones Harbour Sam Hodges Justin C. Jacobs Catherine Langridge Dee and Jack Lazar Audrey and Danny Meyer Hideto Nishitani Kim Pendergast RobyDodd Family Charitable Foundation Karen Roter Davis & Eric Davis The Sands Family Kathryn Seni Susan Solinsky Leela Srinivasan Teresa Torres Sara Wardell-Smith Portia Yarborough Founding Alliance GV IVP L CATTERTON MAYFIELD SILVER LAKE SOFTBANK STARBOARD VALUE TIGER GLOBAL IMPACT VENTURES Donations received during the year ended September 30, 2022
Funders
Him For Her | 2022 Impact Report himforher.org SupportersGrateful to Our Alliance Partners 7wireVentures Accel Alpha Edison Apax Partners Ares Management At One Ventures Bain Capital Ventures BCV Base10 Partners The Blackstone Group Bonfire Ventures Breyer Capital Brown Advisory Capricorn Centerbridge Partners Clarion Capital Clearhaven Partners Crosslink Capital Foundry G2 Capital Advisors Gaingels General Catalyst Generation Investment Management Global Infrastructure Partners Graph Ventures Great Hill Partners Greycroft Partners Greylock HGGC Inspiration Ventures Kayne Capital Lead Edge Capital Left Lane Capital Lux Capital Monomoy Capital Partners Oak HC/FT Obvious Ventures Partners Group Periscope Equity Playground Global Prelude Ventures Rubric Capital Management LP Sands Capital Sapphire Ventures Searchlight Capital Sequoia Capital Silverton Partners Sixth Street Partners Social Capital Stripes Group Summit Partners Techstars TPG Tritium Partners True Wealth Ventures True Wind Capital Vista Equity Partners VMG Partners Volition Capital Wafra Warburg Pincus Corporate Accord Financial AMI Aterian August Capital BB Imaging Bolster Capital Impact Foundation Carium Dropbox First Advantage Ketos Kiavi Leafly Lexaria Bioscience Liberty Safe LogicMark Lottery.com Moontower Group The New Home Company Next Glass ON Partners Open Farm Pinwheel Quick Logic San Francisco SPCA Science37 SeatGeek Shift4 Studio Suited Thorne HealthTech Twelve Benefit Corporation Wag X (Google) Zerigo Donations received during the year ended September 30, 2022
November 2022 | himforher.org
Support Our Work
Our Goal: With your support, we will solve gender diversity on for-profit company boards within the next ten years.
