We are an innovative new nonprofit organization led by alumni of Stanford and Harvard Law Schools.
Our mission is to expand career choices for law school students and also encourage students to attend law school who might otherwise be discouraged by the debt required to attend.
Stanford Law School has agreed to participate in the initial pilot program for the Flywheel Fund, which has guaranteed funding for up to 20 Fellows from SLS classes of 2024 and 2025. If the results are as we hope, the pilot will be extended, expanded and improved based on student feedback, economic conditions and donor support.
The Fund seeks to protect students pursuing low income public interest or other jobs from the financial hardship associated with any tuition repayment.
At the same time, it also protects students uncertain about their career path, by ensuring that even if they ultimately pursue high paying careers, they will never pay more than if they had simply borrowed funds using the GradPLUS federal student loan program.
Students, donors or others seeking more information or to establish Flywheel Funds at their academic institutions should email info@flywheelfund.org.
Board of Directors (in formation) & Advisors
Eugene Clark-Herrera
Eugene Clark-Herrera is a partner in the San Francisco office of the Orrick law firm. His practice focuses on financing for school and college facilities, as well as city and county facilities and infrastructure. He has pioneered capital markets access for California public charter schools and advised governmental issuers, foundations, advocacy groups and policy makers in the development and expansion of public charter school access to tax-advantaged financing. Eugene also serves on the Board of Directors of the nonprofit Mural Music & Arts Project, an arts-based youth development organization he founded in East Palo Alto, California, to educate, inspire and empower teens through the arts. Prior to joining Orrick, Eugene was a public school teacher and science curriculum developer in the South Bronx and Washington Heights neighborhoods of New York City from 1993 to 1998. He is an alumni of the Teach for America Corps. He earned a B.S. from the University of Colorado at Boulder and a J.D. from Stanford Law School.
Sally Cole
Sally Cole, based in Menlo Park, CA, is a tech executive and community leader. A native of New York, Sally has over 15 years of experience in communications, employee engagement, program design and strategy, having been head of employee communications at both Google and Apple. Prior to her career in tech, she spent nine years as a merchant at Gap, running businesses with P&L responsibility. Sally started her career in public service, serving as Deputy Chief of Staff to Administrator Bill Reilly at the US Environmental Protection Agency, and as Chief Operating Officer of the President’s Council on Sustainable Development. Today, she serves on the Governing Board of the National Environmental Education Foundation and as Chair of Menlo Park’s Complete Streets Commission. She previously served on the Board of the Stanford Graduate School of Business’ Business School Fund and is a longtime Stanford Associate. Sally received an A.B. from Yale University (summa cum laude, Phi Beta Kappa) and a J.D./M.B.A from Stanford University.
David Golden
David Golden, based in San Francisco, co-leads Revolution Ventures, which invests in and helps build innovative and impactful companies. A native of Minnesota, David has over three decades of industry experience, including an extensive history as a financier of emerging growth companies, deep understanding of capital markets and unique abilities in negotiation and deal-structuring. David joined Revolution after 20 years with JPMorgan, Hambrecht & Quist and Allen & Company. Early in his career, he was an associate at the law firm of Davis Polk & Wardwell in New York and London. David currently serves on the Advisory Counsel to the Vice Provost for Advances in Learning at Harvard University and previously served as a trustee for the Katherine Delmar Burke School and Branson School. Prior to practicing law, David was a law clerk to the Honorable Charles M. Merrill of the United States Court of Appeals for the Ninth Circuit. David received an A.B. from Harvard University (magna cum laude, Phi Beta Kappa) and a J.D. from Harvard Law School (cum laude), where he was an editor of the Harvard Law Review.
Justin Osofsky
Justin Osofsky is the Chief Operating Officer of Instagram and VP, Content & Global Operations of Meta. He oversees Instagram’s business organization, a Content organization that works across business and product to help people discover the most interesting content on Facebook and Instagram, and Meta’s Global Operations. Prior to these roles, he led media partnerships and corporate development at Meta and was a consultant at McKinsey & Company. Justin previously served on the board of Isidore Newman in New Orleans, and currently serves on The Hamlin School’s Technology Advisory Council. Justin holds a A.B. from Harvard University, an M.B.A. from Harvard Business School and a J.D. from Harvard Law School.
Elliot Schrage
Elliot Schrage’s career spans over 30 years working at the intersection of business and public policy, including senior roles at Facebook, Google and Gap. Previously, he served as Bernard L. Schwarz Senior Fellow in Business and Foreign Policy at the New York-based Council on Foreign Relations, and taught at Columbia University Business and Law Schools. He began his career as an attorney at Sullivan & Cromwell in New York and Paris. Elliot currently serves on the boards of the San Francisco-Marin Food Bank and Education Superhighway and as a Policy Fellow at Harvard’s Institute for Quantitative Social Science. He holds degrees from Harvard College, the Kennedy School of Government and Harvard Law School and studied at the Ecole Normale Superieure in Paris.
RJ Vogt
RJ Vogt is a third-year Stanford Law School student. He is a Civil Justice Fellow at the Deborah L. Rhode Center on the Legal Profession and a research assistant at the Legal Design Lab. He has also worked the ACLU of Southern California and Cooley LLP. Before law school, he studied literary journalism at the University of Tennessee and spent five years as a reporter, first for a Myanmar newspaper and later for Law360’s access to justice section. Currently, he is co-president of Stanford’s Kirkwood Moot Court Board and a member of First-Generation and Low-Income Professionals, the American Constitution Society, and Older Wiser Law Students.
**Stanford does not endorse the Flywheel Income Share Loan. The Flywheel Fund is not affiliated with Stanford University nor Stanford Law School.**