Redlands Investment Fund
The Redlands Student Investment Fund (RSIF) is a non-profit, student-run organization that manages stock investments and models a cooperative corporate structure for the educational benefit of its members and the student body.
The Fund manages a portfolio with assets over $100,000, part of the University endowment. It consists of holdings like Apple, General Electric, JP Morgan, and Berkshire Hathaway. It's REAL money put into REAL investments with two purposes in mind: to educate students about the markets and to make money for the support of university programs.
Standard meeting times are Tuesday evenings at 6:30pm in Duke 312, and normally include:
-- A News Segment
-- An Educational Segment
-- Company Presentation(s)
Membership is open to all Redlands Students- both undergraduate and graduate. Past member majors have included Business Administration, Accounting, Economics, Financial Economics, Mathematics, Creative Writing, Music Composition, as well as MBA and Johnston students.
Members in their new Quarter Zips
To attain analyst status and be able to vote, students must meet attendance and presentation requirements.
For more information, please contact:
Mike Bosman, Advisor – mike_bosman@redlands.edu
Accountants in Action
Sports
Accounting majors are involved in the full spectrum of campus activities. As many as half of our majors are on sports teams including golf, tennis, football, basketball, softball, baseball, soccer, track, swimming, water polo and volleyball. Others are involved in music performance and dance.
Community Involvement
Our majors volunteer in the community as tutors, resident advisors, campus tour guides and many are Spanish, Economics, GIS and Math teaching assistants.
Leadership
Most Accounting majors seek out leadership roles, serving as officers in student government, a variety of campus clubs, and sororities and fraternities. They participate in the Student Investment Fund, where they make decisions with a real dollar impact on the University's endowment. And, through the Redlands Accounting Society, they help each other through the accounting major and recruiting process.
Study Abroad
In the past two years, accounting majors have taken advantage of study abroad opportunities in China, Paris, London and Barcelona.
Volunteer income tax assistance (vita)
2023 Update:
The University of Redlands Accounting Department will again offer free tax assistance through its collaboration with the Internal Revenue Service (IRS) Volunteer Income Tax Assistance (VITA) program, beginning March 6 and continuing every Monday through April 10, 2023.
For this tax season, assistance is available in a remote format or in person. Clients can simply use this link and submit their tax documents online via the google form or email. Clients can alternatively come Monday to drop documents off between the hours of 6:00 PM and 8:30 PM.
Clients also have the option of coming in on Monday nights in person to fill out the required form and drop off their documents. Signs will be posted in Duke Hall directing taxpayers to the designated waiting room in Duke 201.
VITA volunteers are trained using IRS material and an electronic tax filing program. Volunteers help prepare a Form 1040 with attached schedules and forms.
Clients should submit:
- All forms (e.g., W-2 and 1099s)
- Proof of identification for the taxpayer and, if applicable, spouse
- Social security card or individual taxpayer ID cards for the taxpayer, spouse, and/or dependents
If available, clients may also want to provide:
- Proof of account for direct deposit of refund (e.g. voided check)
- Information on other income
- Information on all deductions/credits
- A copy of last year’s tax return
For any further questions or information, please contact redlandsvita@gmail.com.
Redlands Accounting Society
All accounting majors actively participate in the activities of the Redlands Accounting Society, which is run by the students. RAS has four main goals: (1) to help students develop as professionals; (2) to assist students in networking; (3) to develop community between alumni, upperclassmen and new students; and (4) to volunteer together to make Redlands and Southern California a better place.
To meet the first two goals, students have meetings to discuss professional dress and networking, to help each other develop their resumes, and with a large number of outside speakers who come to campus to discuss careers in accounting and current events. They also attend events put on by outside groups, from the California Society of CPAs, the American Society of Women Accountants, the Financial Executives Institute and other groups. For several years, they have attended Wesco's annual shareholders' meeting, to see Charlie Munger speak on business conditions.
Accountants tend to be very competitive, so many of our community-building events include sports-from softball to bowling to a big annual croquet tournament. Most of the other events involve food, including the well-known Student/Alumni Homecoming Picnic. The annual Alumni/Senior Honors dinner usually involves a roast of the graduating seniors, who then provide pithy words of advice to the underclassmen.
Accounting majors are involved in the community as individuals, as a part of many organizations on campus and assisting as mentors to young people in schools and through community groups. As a group, RAS sponsors philanthropic events as well. The accounting majors use their skills to spread financial literacy, with talks and fun activities with high schools and younger students in the community.