illumyn Impact 2024 Impact Report

Impact Report illumynimpact.org

November 2024

Donate Now

Letter from Our CEO Dear Friends, This year has been transformative—not just for Him For Her, but for the industries and global conversations shaping our future. From AI to climate change to healthcare innovation and beyond, we’re ensuring that our network has a seat at the table to offer fresh perspectives and drive lasting impact.

I’m thrilled to announce that Him For Her is now iIlumyn Impact.

As we continue to build better boards for better companies and better futures, this new name reflects our broader vision to illuminate diverse voices and empower new board leadership.

We’re proud to share that in addition to adding board member Dara Khosrowshahi and advisors Jeff Weiner, Reid Hoffman, and Brad Feld, we’ve also built out our own board’s expanded perspectives with Navin Chadda, Managing Director at Mayfield, and Francisco AlvarezDemalde, Co-Founder and Managing Partner at Riverwood Capital.

Their leadership in venture capital and private equity will further

illumyn Impact 2024 Impact Report

enhance our ability to connect top talent with companies driving meaningful change. This year has also brought the good fortune of support from the Ford Foundation.

Board diversity is a bounded, solvable problem—there’s enough diverse talent to fill every open seat, and we’ve built a model that works. Our aim now is to scale. As you explore this Impact Report, I hope you will not only see the tangible outcomes of these powerful connections, I hope you’ll also support us with a financial contribution, as we build a more inclusive, forward-thinking future.

Onward!

Jocelyn Mangan Founder & CEO, iIlumyn Impact (formerly Him For Her)

illumynimpact.org

Donate Now

Letter from Our Board Chair Dear Friends, The rapidly evolving landscape of today’s world presents unique challenges and opportunities for leaders across industries. So many of the decisions being made in boardrooms will have an impact on society as a whole. We are committed to ensuring that the decisions being made have a positive impact on current and future generations.

Having participated first-hand in the power of connecting boards with visionary leaders, I know that illumyn Impact’s approach is not just innovative—it’s necessary. By curating introductions that bring fresh talent into the boardroom, we are creating a more resilient and adaptable business landscape. CEOs and their boards are finding that the competitive advantage they need lies just outside their immediate networks, waiting to be discovered.

This progress would not be possible without the generous support of partners like you. Philanthropic contributions, including from institutions like the Ford Foundation, have allowed us to grow our impact on organizations worldwide.

illumyn Impact 2024 Impact Report

With your support, we can further our effort—every donation allows our continued growth. Diverse perspectives and thoughtful questions will make sure that the emerging high-growth companies of today have a positive societal impact at scale.

I’m deeply grateful for your support and collaboration in this journey.

Your commitment ensures that the talented individuals we introduce will shape not only the future of business but also the world we all share.

I am honored to serve as the Chair of this incredible organization and excited for what lies ahead.

With gratitude,

Joanna Rees Board Chair, illumyn Impact & illumyn

illumynimpact.org

Donate Now

Him For Her is now illumyn Impact This evolution of our brand reflects our broader vision to illuminate diverse voices and empower new board leadership unlocking a healthy future for business, the planet and our society. Our commitment to changing corporate boardrooms— in a combined effort with our sister organization, illumyn— remains as strong as ever, and this new identity will help us amplify that mission on an even greater scale.

“As illumyn Impact, the organization continues to elevate redefining the boardroom.

Their work in bringing under-networked talent to the table is essential for a thriving, entrepreneurial inclusive corporate world. We’re excited to support them in this next chapter and the lasting change it brings.”

Francisco Alvarez-Demalde Co-Founder and Managing Partner, Riverwood Capital

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Our Team

Jocelyn Mangan

Founder & CEO

Fiona Tang Co-Founder & COO

Board of Directors

Ann Shepherd Co-Founder

Crista Bailey Chief Business Development Officer

Joanna Rees

illumyn Impact & illumyn, Board Chair West, FICO

Mike Xenakis Vacasa

Dara Khosrowshahi Uber

Navin Chaddha

Francisco AlvarezDemalde

Mayfield

Riverwood Capital

Advisors

Cookie Veconi Chief of Staff

Ximena Vivanco

Senior Program Manager

Louise Trezzo Director, Partnerships

Ruth Dewa Ayu

Director, Events

illumyn Impact 2024 Impact Report

Jess Chen Director, Operations

Candice Lewis Senior Events Manager

Rebecca McIntire

Head of Board Introductions

Isaac Applbaum

Danielle Applestone

Sheila Lirio Marcelo

MizMaa Ventures

Proof of Learn

Reid Hoffman

Bessemer Venture Partners, Quizlet, Vidyard

Stacy Brown-Philpot

Brad Feld

Applestone Consulting

Shannon Brayton

Alessandra Simons

Lisa Skeete Tatum

Jeff Weiner

Philip Chow

Scott Miller

Debevoise & Plimpton

Landit

Foundry

Nordstrom, HP

LinkedIn, Next Play Ventures

Humanitas AI

illumynimpact.org

Greylock, Microsoft

G100

Donate Now

Our Vision To transform lives by unlocking the social and economic benefits of diverse boardrooms Over the last six years, we’ve facilitated over 65,000 warm connections to bring women and underrepresented leaders into the closed board ecosystem.

We’ve collaborated on over 1,000 board ecosystem opportunities, including: • 150+ Private Equity backed opportunities • 360+ Venture Capital backed opportunities • 160+ public companies

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Why Private Company Boards Matter

Excerpt from: What Boardrooms and Babysitters Have in Common TEDxNashvilleWomen illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Our Benchmark Study Shows Progress

ribution by Industry

ibution by Industry

Racial and Ethnic Diversity of Our Network

The number of all-male boards has been cut in half in the 5 years since we started Racial and Ethnic Diversity of Our Network measuring private company board diversity, in partnership with Crunchbase.

Among companies with only one independent director, those with a woman in that seat raised 16% more capital than those with a man in the seat.

Read Our Report

Benchmarking

Benchmarking

1.2

Number of women per private-company board

17% of directors are women 5% of directors are women of color

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

The board ecosystem is one driven by trusted relationships. Not only do we help demystify the path to the boardroom, we also introduce talent into the board ecosystem. The trust and relationships often take time to develop.

Six Opp ort un itie s

The Path to the Boardroom is Built on Trust

fo

OPPORTUNITY MODEL

r

s s e c c u S Signature Roundtable Events

Board Director Seats

Speaking Engagements

Talent Advisory Board Roles

Influential Event Access & Presence Strategic Network Introductions

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

OPPORTUNITY MODEL

Board Director Seats

Our Introduction Between Sarah Grover, Searchlight Capital Partners & Shift4 Takes Off Through our introduction, Sarah was appointed to the Shift4 (NYSE: FOUR) board, her first board role. Her leadership and support from CEO Jared Isaacman led to her role as Director of Communications

for Inspiration4, the world’s first all civilian mission to Earth’s orbit, and the Polaris Program, the first of three human spaceflights, in partnership with SpaceX, dedicated to advance human spaceflight.

illumyn Impact has made thousands of introductions for board director roles.

These opportunities, typically held within closed networks, are surfaced through our long-standing partnerships with private equity and venture capital investors, as well as the network we are building.

Sarah Grover

“It’s been a pretty incredible journey working with illumyn Impact... getting the chance to partner with an organization that not only has a great mission, but also generates incredible results. It has been a really positive experience.” — Christopher Cruz, Partner, Searchlight Capital Partners

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

OPPORTUNITY MODEL

Strategic Network Introductions We facilitate trust-building connections between domain experts and the board ecosystem to get acquainted and establish working relationships with investors.

We’ve made connections across a variety of firmlevel roles: strategic advisors, operating partners, due diligence and other network expanding opportunities.

“All my boards have been touched by illumyn Impact. Your reach and influence provides visibilty and credibility to my skills, capabilities and experiences. Beyond board opportunities, I am incredibly grateful for the opportunities illumyn Impact provides to enhance and broaden my network, allowing me to share my capabilities in new, unique and distinct forms.” — Rashida Hodge

illumyn Impact 2024 Impact Report

Early Due Diligence Opportunity Develops into Board Role We introduced Tyra to Kayne Partners for a due diligence opportunity prior to investment that quickly developed into a board director role at HuddleUp for Tyra.

Tyra Mariani

Kayne Anderson

Composition Capital

Huddle Up

Compounding Relationships, Starting with One Connection Beyond contributing to Rashida’s board appointments with Misty Robotics and Sonatype through Vista Equity Partners, we introduced her to Mayer Brown. This led to her speaking and thought-leadership roles at the Trust Summit, and Forbes AI Summit, among others.

Rashida Hodge

Vista Equity Partners illumynimpact.org

Sonatype

Donate Now

OPPORTUNITY MODEL

Influential Event Access & Presence

Expertise Elevated at Meaningful Events illumyn Impact introduced Jolawn Victor to investor Left Lane where Jolawn spoke at Left Lane’s High Growth Summit in London.

We extend invites for powerful executives from our network to attend and speak at events held by our partners.

This presence facilitates new connections and draws on diverse expertise to accelerate innovation for our partners’ portfolio and networks.

illumyn Impact 2024 Impact Report

“Working with illumyn Impact has brought an invaluable level of expertise to our events.

The executives they introduce to our panels and audiences elevate the discussions, offering fresh perspectives and real-world insights that resonate with attendees and enrich our overall program.” — Erica Amatori, SVP of Platform, Left Lane Capital

illumynimpact.org

Donate Now

OPPORTUNITY MODEL

Our Roundtables

Conversations Convened

169

Guests Engaged

2,827+

“My sincere honor that I could be a part of a powerful evening. 100% focused conversation with complete respect. I loved how it went and learned so much from that single dinner conversation.

How you are making an impact to the world is so action driven.”

— Saeju Jeong, Co-Founder & Chair, Noom

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Advocacy: Demystifying the Boardroom for Increased Access Climate Change

Board Compensation

AI from the Board Seat

The Board Interview

illumyn Impact 2024 Impact Report

The measure of our impact goes beyond opening doors and making introductions for underrepresented executives; we’re demystifying the boardroom and equipping these leaders to activate their own networks, accelerating the change in boardrooms that lead to outcomes that benefit our society and planet.

To date we’ve shed light on important frequently asked (and infrequently published) topics such as board compensation, the board interview, the view of AI from the board, among others in The Boardroom View.

illumynimpact.org

Donate Now

2024 Advocacy In partnership with our Investor Partners and Partner Organizations, we’ve taken to numerous stages and podiums to advance our mission.

CEO Summits

19

Speaking Engagements

89

illumyn Impact Events

26

“Thank you for your invaluable input, guidance and willingness to share your knowledge and expertise to support my board journey. illumyn Impact has been fundamental to the landing of my first for profit board.”

Lucie Claire Vincent Board Director, Toluna Attended illumyn Impact Demystify presentation

Editions of the Boardroom View

9 illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

New Roundtable Dinner Hosts for 2024 Catherine Lenson

Clara Shih

Co-Chief Operating Officer, Phoenix Court

CEO, Salesforce AI; Founder & Executive Chair, Hearsay Systems

Peter Voser

Phill Robinson

Chair, ABB; Board Director, IBM Corporation, Temasek Holdings, PSA International

Founder & CEO, Boardwave; Chair, Livingbridge; Board Director, Exact, Upliift

illumyn Impact 2024 Impact Report

Fay Rotenberg CEO, Firefly Health

Ryan Roslansky CEO, LinkedIn; Board Director, Intuit

Jeff Parks

Co-Founder & Managing Partner, Riverwood Capital

Saeju Jeong

Co-Founder & Executive Chair, Noom

Jennifer Siebel Newsom First Partner of California

Saul Klein

Co-Founder & Managing Partner, Phoenix Court

See past hosts

Joanna Coles

John Hope Bryant

Shelley Zalis

Thelma Ferguson

Chief Content Officer, The Dailey Beast; CEO, Northern Star Acquisition Company; Executive Producer, ABC Studios; Board Director, Snapchat, Sonos

Founder & CEO, The Female Quotient

CEO & Chair, Operation HOPE

Maria Alvarez

VP Experimentation AI Platform - Cloud + AI, Microsoft; Board Director, BB Imaging, Alkami

Global Head of Diversity, Equity & Inclusion and Vice Chair, Commercial Banking, JPMorgan Chase

illumynimpact.org

Donate Now

Board Ecosystem Introductions Partnering with CEOs and Investors to Unlock Opportunities Our mission thrives on two essential currencies: philanthropic dollars and board ecosystem opportunities we uncover from our invaluable partnerships with CEOs and investors.

Together, we collaborate on connections and relationships that advance our goal of introducing under-networked executives into the board ecosystem.

169

“I can’t tell you just how impressed I am with your ability to match me with two intriguing companies that fit my (very unique) background EXACTLY. Seriously — I love both options, and the match with my experience and interests is perfect for me.

Really nice job. And very, very appreciated.”

Jenn Buechel

President and COO, Delphi Diagnostics

Board and Advisor appointments through our Introductions

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Investor Partnerships FOUNDING PARTNER S

“As always, you helped us bring together a diverse group in a setting conducive to deep conversation and new connections. We value our partnership with you and are looking forward to future gatherings.”

Kamini Ramani

Mayfield Fund, CMO

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Investor Partnerships GOLD ALLIANCE PARTNER S

“We gave you a tight bullseye and you nailed it!”

Susan Scutt,

Managing Director, Partners Group

SILVER ALLIANCE PARTNER S

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Investor Partnerships COLL ABOR ATOR S

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Our Talent Network Board qualified talent

7,938

Racial and Ethnic Diversity of Our Network

Frequently Requested Competencies

Healthcare* 2223 leaders

Scaling/ Scale

M&A

1820 leaders

1702 leaders

Private Equity

1010 leaders

14% 11% 8%

Black Latine AAPI

SaaS

1002 leaders

Audit Chair/CFO 762 leaders

AI

699 leaders

Manufacturing

683 leaders

Climate

644 leaders

Other People of Color

4%

illumyn Impact 2024 Impact Report

*Health Tech, Pharma, Biotech

illumynimpact.org

Donate Now

Our Talent Network

Poppy Harlow

Former Anchor, CNN Founder, North Slope Ventures

“I had a fantastic meeting today as a result of your introduction. I’m already a big fan of illumyn Impact! I can’t thank you enough for suggesting me for this opportunity.”

illumyn Impact 2024 Impact Report

illumynimpact.org

Donate Now

Our Finances Our financials this year remained steady - personnel spend has been consistent, year over year. Revenue growth outpaced that of expenses - our expenses went up by 17% this year, offset by our income, which went up 27%, primarily thanks to increased charitable contributions.

We’ve focused on increasing philanthropic contributions by activating on funders and foundation relationships. This has helped position illumyn Impact to leverage influx of funding to do more in realm of awareness and advocacy.

We’ve established operational efficiencies this year to set the organization up for scaling efforts and providing us the ability to further our mission of illuminating diverse voices in the rooms of influence.

October 2023 - September 2024 2023 Ending Cash: $1,866,147 Revenue: $3,669,746 69% Donations 18% Earned Income: Partnerships 4% Earned Income: Referrals 9% Other

Expenses: $3,883,508 55% Personnel 45% Other programmatic and operational expenses

illumyn Impact 2024 Impact Report

*Based on unaudited financials

illumynimpact.org

Donate Now

Grateful to Our Supporters Founding Funders Circle Ford Foundation GIF T S OF $ 5 0 0 , 0 0 0 +

The Reid Hoffman Foundation GIF T S OF $ 2 5 0 , 0 0 0 +

Dara Khosrowshahi The Weiner Family Foundation GIF T S OF $10 0 , 0 0 0 +

Anonymous Anchor Point Foundation Brad Feld & Amy Batchelor Rachel Kohler & Laura Kohler GIF T S OF $ 2 5 , 0 0 0 +

Boardbound by Women’s Leadership Foundation

illumyn Impact 2024 Impact Report

GIF T S OF $10 , 0 0 0 +

GIF T S OF $1, 0 0 0 +

Blackstone Charitable Foundation Paula Crown and the James Crown Family Crystal Sacca

Jane Beard Jill Fisher Bowen Olivia Kirtley Lazar Family Foundation Barry Lawson Williams Hideto Nishitani RobyDodd Family Charitable Foundation, Inc. The Sands Family The Sarannah Fund Teresa Torres

GIF T S OF $ 5 , 0 0 0 +

The Abel Family Fund The Xenakis Family GIF T S OF $ 2 , 0 0 0 +

Peter Bowe and Barbara Stewart Fiona Carter Justin C Jacobs Family Trust The Henry J Kaiser Family Foundation via Trustee Sue Siegel Audrey & Danny Meyer Morgan Stanley Gift Northern Trust Charitable Giving Program Rashida Hodge Sara Wardell-Smith

Corporate Atlas Holdings Boardwave Bolster Brown Advisory C-Motive Technologies Cooley Debevoise & Plimpton

Donations and pledges received by September 30 for fiscal year 2024

Destiny Egon Zehnder JP Morgan Medallion Midstream Medical Informatics Corp Natural Gas Services Group PG Delta Holdco Riviera Partners Silicon Valley Bank Solidcore Tatio Tetra Technologies Trilobio Tutorful Venerable Wag Weedmaps West ZeroAvia

illumynimpact.org

Donate Now

Join Us in Creating a More Inclusive Future Your donations open doors. Help us unlock the social and economic power of diverse boardrooms.

Support Us

illumynimpact.org

November 2024 illumynImpact.org

Donate Now