The Upstate Capital Association of New York is thrilled to spotlight Brown and White Ventures, co-founded by St. Bonaventure alumni Chuck Ennishouse and Jim Aroune. With a goal to establish a $10 million fund, their mission goes beyond supporting early-stage companies — it’s about creating a sustainable impact that benefits both investors and the university.
A Purpose-Driven Investment Model
Brown and White Ventures is raising $10 million from individuals who share a connection to St. Bonaventure University. Their focus is on investing in early-stage, revenue-generating companies, offering a strategic avenue for growth and development. But this fund isn’t just about returns; it’s about fostering a community that values both financial success and shared values.
Giving Back to St. Bonaventure
A unique aspect of Brown and White Ventures is its commitment to giving back. The co-founders have pledged to donate 10-12% of the net profits back to the business school at St. Bonaventure University. This generous contribution will help fund new opportunities and business programs, creating a lasting impact for future generations.
Embodying Franciscan Values in Business
As former students of St. Bonaventure, O’Neill and Aroune are inspired by the university’s Franciscan values, which emphasize service and community. By developing a fund that balances financial growth with social responsibility, Brown and White Ventures is building a model that aligns closely with these guiding principles, aiming to enrich both investors and the community.
We’re proud to support such initiatives that merge capital with purpose, fostering growth in early-stage companies and supporting institutions that shape future leaders.