United Way of Long Island, one of the largest local nonprofits, recently selected its second cohort of fellows in a program it is running with Hofstra University's Zarb School of Business.
Zarb students Max Liang, 25, and Ezekiel Arrington, 26, were named the United Way-Hofstra board fellows earlier this year. As part of the fellowship, Liang and Arrington will be able to sit in on United Way board meetings through the semester, receive course credit for interning in a department at United Way, and be mentored by a board member.
The fellowship program was proposed and developed in 2011 by United Way board member David Calone, chief executive of Setauket venture capital firm, Jove Equity Partners, as a way to help Long Island university students connect with the community. The fellowship was put on hold briefly in 2012 and was restarted this year.
Ideally, the student participants would also grow an attachment to the Long Island region through the fellowship and chose to stay and work here after graduation, Calone said in an email.
"The hope is to start with the United Way and then expand the program to other not-for-profits on Long Island," Calone added.
Both Liang and Arrington said being able to observe the board meetings have added to their understanding of how a nonprofit works.
Liang, who is pursuing a master's degree in finance, said interning for United Way's finance department will be a real-life complement to his studies.
Arrington, a second year MBA student, said he wants to use the experience to start his own nonprofit in the future. "I want to see how an established and stable nonprofit works and get experience through that," he said.