Eric Stephenson

Chief Operating Officer, Align Impact | Co-Chair, Cordes Foundation

Eric Stephenson is the Chief Operating Officer at Align Impact and member of its investment committee. He works to advance the firm’s work helping investors and advisors create and implement impact investing and philanthropic strategies. Prior to Align, Eric was the Portfolio Director at the Cordes Foundation, tasked with mission-aligning 100% of the endowment across asset classes, and overseeing the Foundation’s philanthropic initiatives. He started his finance career on the fund investments team at Hamilton Laneand global leasing group at Xerox.

Eric co-chairs the Cordes Foundation, which works to advance economic opportunities for women with a focus on financial inclusion, ethical fashion, and sustainable supply chains—granting to, and investing in, social enterprises driving solutions in these areas. In addition, Eric serves on the board of Confluence Philanthropy, a community of investors deploying capital in a way that promotes sustainability, equity, and justice; The Investment Integration Project (TIIP), a think tank working to enhance the integrity of the financial community and encourage disclosure of social and environmental data relevant to investment issues; Duke University’s Case I3, an intellectual hub for impact investing education, research, and practice; and ConPRmetidos, a community development non profit focused on the stability, productivity, and self sufficiency of Puerto Rico.

Eric earned his BBA from Temple University (Philadelphia, PA), MA from University of the Pacific (Stockton, CA) and is an active CAIA charterholder and CFP® practitioner.


Developing a Purpose-Aligned Budget

Posted on December 15, 2022 by Suki O’Kane, Eric Stephenson, Lori Bezahler, Liz Sak

Developing a Purpose-aligned Budget
A yearly budget can appear rather cut and dry, but depending on who makes decisions about the budget and how these choices are made, there will be wide-ranging implications for the philanthropy’s grantmaking and spending policies. Budget decisions should also be informed by the collective values and purpose of a philanthropy, and not just the financial aspects. What are the… Read More

Going Beyond the Private Foundation: An Exploration of Vehicles

Posted on December 7, 2020 by Mark Newhouse, Eric Stephenson, Sharon Schneider, Will Fitzpatrick

stacks of coins growing larger
The practice of family philanthropy is evolving and so too are the structures that social impact practitioners employ to accomplish their objectives. However, a number of questions remain on the minds of philanthropic families. What are the available vehicles that promote social impact? How do families leverage multiple vehicles successfully? What is the role of a private foundation in relation… Read More