Kicking off the fourth season of Givers, Doers, & Thinkers, Jeremy sits down with Tim Reichert to discuss philanthropy and restoring the middle class.
Tim Reichert is an economist and businessman living in Golden, Colorado, and running for Colorado's 7th district congressional seat. He is the founder and CEO of Economics Partners, a firm of economists with offices in the US and Israel. He was a Partner at both Ernst & Young and Duff & Phelps. Tim serves on the board of St. John Vianney Seminary, and is very active in supporting the disenfranchised and homeless through his support and participation in the mission of Christ in the City and the Missionaries of Charity.
Jeremy and Tim begin their discussion by recalling their youths in the 1970s when America was in stagflation and the lessons learned from Tim's father that set him on a path to becoming an economist and putting forth a plan to restore the middle class. From there, Tim shared why he thinks St. Mother Teresa of Calcutta and the Missionaries of Charity are so effective: they focus on changing hearts rather than pushing any political agenda or social policy. He believes that when grace is cultivated and shared within the mission of a nonprofit, then real change can happen. Jeremy also asks Tim about different aspects of his congressional platform, like lifting up the middle class, health care prices, college debt, and personal data property rights.
You'll also hear from the founder and CEO of Innovest, Rich Todd, on the importance of value-based investing and why a nonprofit should prioritize it. Rich identifies some of the challenges and reasons for investment committees and why he thinks value-based investing is on the rise.
We’d love to hear your thoughts, ideas, questions, and recommendations for the podcast! You can shoot Katie Janus, GDT’s producer, an email anytime!