Common Future”, Israel’s first Student-Managed Endowment Fund, was established in October 2007 thanks to a close partnership between the Management of the Interdisciplinary Center (IDC) Herzliya and the IDC’s Student Union.
The Endowment Fund is actively managed by a selected group of outstanding students of the IDC’s Arison School of Business and its earnings are fully directed towards scholarships for students from low socio-economic backgrounds, with leadership qualities and potential, who have proven to be great achievers, both in their undergraduate studies as well as in their contribution to society.
The income of the Fund relies entirely on contributions received from the IDC students, alumni and faculty members, as well as from private individuals and organizations, who believe in the Fund’s Investment Policy and Objectives and in the vision of Prof. Uriel Reichman, founder and president of the IDC.
The various management tasks are carried out by the students, in the frame of an annual course, under close academic supervision of IDC’s Professors of Finance and guidance from leading investment consultants of the I.B.I Investment House. The students also receive “hands-on” experience with cutting-edge, investment related software, provided by the financial internet site Bizportal, a part of the “Trendline” Group.