PISCATAWAY, N.J.–(BUSINESS WIRE)–The Institute for the Study of Employee Ownership and Profit Sharing at the Rutgers School of Management and Labor Relations, the world’s first academic institute dedicated to researching capital shares and their impact on the economy, today unveiled its 2018-19 class of research fellows and announced two endowments to support the program.
Awarded on a competitive basis, the fellowships will enable 22 scholars from colleges, universities, and policy centers worldwide to research the impact of broad-based employee share ownership, equity compensation, gain sharing, profit sharing, and worker cooperatives. This marks the 10th year of the fellowship program and the first class of fellows introduced since the Institute launched in March 2018.
In addition to appointing the new research fellows, the Institute today announced two Founding Supporters. The Beyster Foundation for Enterprise Development has established the J. Robert Beyster Endowed Fund with a $250,000 gift to support, in perpetuity, the Institute’s employee ownership research fellowships for applied practice and policy development. The Employee Ownership Foundation has established a $250,000 endowment to provide operational funding for research fellowships and conferences in perpetuity.
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