NET WORTH: Unknown
SOURCE OF WEALTH: Indaba Capital Management
FUNDING AREAS: Education, Leadership Development, Civic Engagement, Community Development
OVERVIEW: Derek Schrier and Cecily Cameron established the Cameron Schrier Foundation in 2006. Based in San Francisco, the foundation invests in educational equity, youth leadership, civic engagement and community development.
BACKGROUND: Derek Schrier holds an A.B. from Princeton, as well as J.D. and MBA degrees from Stanford University. He worked in mergers and acquisitions at Goldman Sachs and was a partner at Farallon Capital Management before founding Indaba Capital Management in 2010. Schrier also worked extensively with the anti-apartheid movement in South Africa during the 1990s and managed research for the African National Congress’s political campaign during the nation’s first democratic elections in 1994. Cecily Cameron also graduated from Princeton and the Stanford Graduate School of Business. She is a writer, but worked for many years in the financial services, technology, nonprofit and retail sectors.
EDUCATION: Schrier and Cameron’s education funding prioritizes underserved populations in the U.S. and South Africa and promotes educational equity. Derek Schrier serves on the Board of Directors of Matriculate, which aims to improve college access for high-achieving students from low-income backgrounds. In the U.S., the Cameron Schrier Foundation has invested in several charter schools and charter school networks including Caliber Schools, Gateway Public Schools and the New Schools Venture Fund. One education grantee in South Africa is Ikamva Labantwana Bethu, which provides high quality educational services to gifted students from Crossroads Township, an area of high crime on the outskirts of Cape Town.
LEADERSHIP DEVELOPMENT: Beyond educational equity, the Cameron Schrier Foundation has invested in programs and organization that mentor and train young people to take on leadership roles in their communities. One grantee, San Francisco Achievers, provides college students with scholarships, training, internships and mentors. In South Africa, the African Leadership Academy identifies youth who “show the spark of initiative” from all African nations and brings them together for intensive problem-solving and leadership development workshops.
CIVIC ENGAGEMENT: In the area of civic engagement, the Cameron Schrier Foundation partners with Groundup, a news agency and social justice organization that emphasizes the needs and issues of vulnerable communities in South Africa, and the Boston Review, a political and literary publication that aims to provide a forum for “a range of voices and views” and to stimulate public discourse toward “a more just world.”
COMMUNITY DEVELOPMENT: In the area of community development, Cameron and Schrier have focused on “communities in need.” San Francisco’s Larkin Street Youth Services provides homeless youth with shelter, education, job training, and health services. Another San Francisco grantee, the Homeless Prenatal Program, helps poor and homeless families move toward economic stability and healthy futures.
LOOKING FORWARD: The Cameron Schrier Foundation’s work in Africa may broaden to address issues in other African nations and to promote collaborations between nations.