Stanford GSB Impact Fund

The Stanford GSB Impact Fund, launched in 2015, is a student-managed evergreen fund that seeks to deliver both financial returns and measurable social and environmental impact. Designed as an experiential learning opportunity, it immerses Stanford GSB students in the real-world processes of impact investing. Under the guidance of faculty like Paul Pfleiderer and Ken Singleton, students manage the fund, sourcing and evaluating early-stage for-profit ventures across sectors such as education, energy, healthcare, fintech, and urban development. The fund typically invests $25,000 to $75,000 in companies that demonstrate both strong business fundamentals and the potential for significant social impact. Investments are made during Angel, Seed, or Series A rounds, with a focus on startups that have gained market traction and are led by dedicated teams committed to making a difference. Some of the GSB Impact Fund’s notable portfolio companies include TurnSignl, which provides on-demand legal support to drivers, Alga Biosciences, which develops environmentally-friendly technologies, and Health in Her HUE, which connects women of color to culturally sensitive healthcare providers. The fund’s geographical flexibility allows it to pursue opportunities globally, with all returns reinvested into future ventures. Through this model, students gain hands-on experience in structuring deals, measuring impact, and supporting portfolio companies—all while contributing to meaningful global change​.