Investment Committee Co-Opted Member (non-Trustee)

Title: Investment Committee Co-Opted Member (non-Trustee role)
Location: The Investment Committee meets four times per year, up to 2 of these will be in person in the Cambridge Head Office.  
Renumeration: Unremunerated , but reasonable and pre-agreed domestic travel expenses will be covered
Basis: 2 Year term

About us

The Raspberry Pi Foundation is a UK-based educational charity with the mission to enable young people to realise their full potential through the power of computing and digital technologies. 

Established in 2008 and first known for our product — the wildly successful Raspberry Pi computer, now commercialised through Raspberry Pi Holdings plc (RPI) — the Foundation has developed education programmes, learning experiences, and products that are helping millions of young people learn vital new knowledge and skills.

Through Code Club, we support the world’s largest network of free informal computing clubs for young people. Tens of thousands of educators have taken our online courses, and millions of people use our free online learning resources. To deepen our understanding of how young people learn about computing and how to create with digital technologies, we conduct academic research, and we use that knowledge to increase the impact of our work and advance the field of computing education.

Across all of our work, we work hard to engage young people who come from backgrounds that are traditionally underrepresented in the field of computing or who experience educational disadvantage. We work all over the world, with teams based in the UK, Ireland, North America, and India, and partnerships with mission-aligned organisations in over 40 countries.

We are at the forefront of the global movement to help young people learn about computing and digital making. You can read more about our mission, values, and goals in our Annual Review 2023 and our Strategy 2022–2025.

Following the successful  IPO of Raspberry Pi Holding plc in July 2024, the Foundation has established a £150m endowment and retains 47% of the listed company.  The IPO proceeds are invested in low-risk money market instruments aimed at preserving the capital value and generating a modest return through income until a new investment strategy is confirmed (planned for Q125). 

The role

As a member of the Investment Committee, the successful candidate will help to oversee the Foundation's £150m investment portfolio and retained holding in Raspberry Pi plc. Candidates will be able to contribute to matters relating to the investment portfolio.

Key responsibilities of the Investment Committee include:

• Review and recommend to the board an investment policy for all the Foundation’s investment assets, including its shareholding in Raspberry Pi Holdings plc
• Monitor the appropriateness of that policy against the needs of the Foundation as expressed in the medium and long-term financial plan and cash flow requirements
• Appoint investment managers or advisors in order to implement the Foundation’s agreed investment policy
• Regularly review the performance of investment managers, including their approach to environmental, social and governance concerns (ESG); 
• Regularly monitor the performance of the Foundation’s investment assets and take decisions on individual investments in order to implement the Foundation’s agreed investment policy
• Oversee the the RPF Endowment Trust

Experience and personal attributes

RPF is looking for someone with an investment background and knowledge of multi-asset class investing.

As a charity, RPF adopts an Environmental, Social and Governance (ESG) policy to keep in line with its own principles. The successful candidate will therefore be able to bring relevant experience to the Investment Committee as it aims to put ESG considerations at the heart of its investment process.

RPF welcomes applications from those seeking their first Board / committee role, as long as they are able to demonstrate the relevant expertise and their commitment to RPF's mission.

Timetable for applications 

Closing date: February 17th 2025 
First-round interview: February 28th 2025 (in Cambridge)
Second-round interview: Date TBC (online)

We are committed to safeguarding and promoting the welfare of children and young people, and we expect all staff and volunteers to share this commitment. If successful in the selection process, you will be required to undergo a background check to confirm that you are a suitable person to work with children. Further background checks will be made at regular intervals thereafter.