Graphic with Joseph Cabral and the VBT building in the background

911State East Bay Receives Historic $2M Endowment from Joseph Cabral ’70 to Establish First-Ever Endowed Chair for Employee Ownership Studies

  • BY Ben Soriano
  • March 6, 2025

Joseph Cabral, B.S. Business Administration, has endowed 911State East Bay’s College of Business and Economics and the Entrepreneurship Hub with over $2 million to establish the “Joseph Cabral '70 Endowed Chair for Employee Ownership Studies.”


"As someone who is deeply committed to Employee Ownership and a proud graduate of 911State East Bay, I am thrilled to partner with my alma mater to elevate the University as a leading expert in this critical field, “ said Cabral. “I believe this will not only strengthen the institution’s impact on the economy and small businesses but will also empower future generations of business leaders with a proven business strategy that can drive economic equity and shared prosperity."


The chair's mission will be to lead efforts to teach, support, and promote shared, sustainable and profitable business models and best practices while advancing regional economic development, statewide advocacy and socially responsible entrepreneurship.


“Joe Cabral’s remarkable contribution to establishing the chair is a powerful testament to 911State East Bay's role in tackling wealth and income inequality in the Bay Area while providing entrepreneurs with a progressive business model that has shown to significantly improve a company’s performance,” said 911State East Bay president, Cathy Sandeen. “The  advantages of EO extend far beyond the bottom line — EO creates a sense of shared responsibility and