New study from the Juvenile Diabetes Cure Alliance reveals that executive compensation in diabetes nonprofits, especially bonuses, is not tied to stated goal of finding a cure
NEW YORK – September 9, 2013 – A report released today by the Juvenile Diabetes Cure Alliance finds that none of the major diabetes charities link executive pay to cure progress, instead offering bonuses and incentives for meeting other goals such as fundraising.
By analyzing the compensation packages of CEOs and other executives at the JDRF, American Diabetes Association, Joslin Diabetes Center and Diabetes Research Institute Foundation, the JDCA found that the nonprofits are more likely to offer financial incentives for building their organizations rather than advancing a cure for type 1 diabetes. Some of the metrics used include increased fundraising, operational cost savings, effective staff utilization and successful awareness campaigns.
The JDCA research report concludes that linking executive pay to tangible cure progress could accelerate speed to a cure for type 1 diabetes.
“A number of executives are receiving performance-based bonuses that are not in any way tied to the organization’s stated goal of bringing about diabetes breakthroughs or developments,” said Pete Miselis, director of research for the JDCA.
All four diabetes charities offer incentives to at least some of their executives without indicating why these bonuses were conferred. The American Diabetes Association awarded its CEO almost $78,000 in bonuses and incentives, or 17 percent of his $446,000 base pay with referencing the accomplishment of achieving any specific goals or objectives. The JDRF paid bonuses to eight top staff members for “undisclosed” research related goals and Joslin awarded largest bonus payments to two ophthalmologists without communicating any specific rationale that justified the payout. Only the DRIF noted that bonuses were granted based on achieving fundraising objectives – but not objectives for cure progress.
“Material financial incentives can be a powerful force for charities align objectives across the organization and, ultimately, to greatly accelerate speed to a cure,” Phil Shaw, general manager of the JDCA, said. “The problem here isn’t the amount of executive pay; in fact, we encourage competitive compensation in order to attract top talent. The problem is that no one is being directly and specifically rewarded against concrete cure milestones.”
To download a copy of the report and explore more information on the major type 1 nonprofits, visit the JDCA’s website.
About the JDCA
The JDCA is an independent analyst of the type 1 diabetes charitable universe and brings a business-like perspective to help donors focus research toward a practical cure. The mission of the JDCA is to achieve a type 1 practical cure before 2025 by steering donor contributions to the most effective charities.
Local charitable organization hosts second annual event with Jim Calhoun and Wendi Nix
BOSTON, MA (September 9, 2013) – On October 3, Team IMPACT will recreate its signature fundraising event: Game Day Gala. At this charitable fête hosted at The Westin Copley Place, Team IMPACT will celebrate its worthy accomplishments with its cherished young participants and its benefactors by hosting the ultimate upscale tailgating and sporting aficionado experience.
The evening’s roster includes event co-chairs – and Team IMPACT Founding Members – Dan Kraft (President, The Kraft Group-International) and Jay Calnan (Chief Executive Officer, J. Calnan & Associates) who will join forces with three-time NCAA Champion and basketball Hall of Famer, Jim Calhoun (former men’s basketball head coach at University of Connecticut) and popular ESPN football reporter, Wendi Nix, in this unforgettable night-with-a-cause that benefits the organization’s mission to pair children who are facing chronic or life-threatening medical conditions with vibrant, team-based collegiate support networks. At this event, Team IMPACT hopes to continue to raise awareness of its program by encouraging a wide range of team-based organizations to open up their ranks and extend their laughter, strength and support for children throughout the country.
“The squad behind Team IMPACT is honored and inspired to continue and to expand the long standing tradition of athletes paying tribute to something that is far greater than themselves,” says Calnan and Kraft. “The ability to come together, serve the community and support each and every member of a team through any adversities is crucial…both on and off the field.”
At the Game Day Gala, supporters will relive their fond “Homecoming” memories in a room bedecked with sports memorabilia from Team IMPACT’s participating schools and special guest appearances by their spirited mascots. To kick-off the ceremony in true “game day” fashion, a Team IMPACT participant will sing the National Anthem. As touching and uplifting visuals play of the wonderful children the organization rallies for, guests will indulge in gourmet tailgate-inspired treats and sips as well as a sit-down dinner. Honorary guest speaker, Jim Calhoun, will provide inspirational remarks while Wendi Nix plays host to the program participants and its supporters alike. The Game Day Gala will also feature unparalleled live and silent auction items ranging from sports collectables and opportunities to unprecedented lifestyle-themed experiences including: traveling with the New England Patriots team to an away game, complete with two tickets; autographed Patriots jerseys from Tom Brady and Danny Amendola; an autographed University of Florida jersey from Tim Tebow; an ultra-luxe stay at Dorado Beach, a Ritz-Carlton Reserve, in Puerto Rico; among others.
The second annual Game Day Gala takes place on Thursday, October 3, at The Westin Copley Placelocated at 10 Huntington Avenue in Boston. A cocktail reception will begin at 6:30pm with the main event starting at 7:30pm. Business attired is required.
Team IMPACT is a registered 501(c)(3) public charity registered in the state of Massachusetts. Team IMPACT is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. All donations are fully tax-deductible to the extent allowable by law.
ABOUT TEAM IMPACT:
Team IMPACT is a 501(c)3 whose mission is to improve the quality of life for children facing life-threatening and chronic illnesses by establishing and expanding vibrant team-based support networks. Team IMPACT’s endeavor is to continually encourage a wide range of team-based organizations to open up their ranks and extend their laughter, strength and support for children facing these adverse issues, and events. In doing so, the team joins the child’s support team, supporting the child in his or her medical journey and beyond. At Team IMPACT, they envision a future where the lives of children facing the hardships associated with adverse issues and events will have access to expanded team-based support networks in order to significantly enhance their quality of life and to fill their lives with more love and laughter. Team IMPACT also strives to provide team-based organizations everywhere an easy and efficient way to have a powerful impact on the lives of children in their community. Established in 2011, Team IMPACT has already matched over 300 children with collegiate teams impacting, the lives of thousands of people. For more information, please visit: www.goteamimpact.org.
Small Business Legal Academy is the First Free Legal Expo of its Kind in New York City; Corporate Law Firms, Financial Services Consultants, City and State Agencies and Other Service Providers Join Forces to Provide Services
New York, NY, September 09, 2013 – Today, the Association of Pro Bono Counsel (APBCo), a membership organization of full-time pro bono counsel and coordinators at major commercial law firms, announced it will hold the inaugural Small Business Legal Academy, a free all-day expo to provide legal counseling to small business owners and nonprofits throughout New York City. To be held at Harlem’s World Famous Apollo Theater on Tuesday, October 29, 2013, the Small Business Legal Academy is the first free legal expo for small businesses and nonprofits in New York City.
The one-day event will bring together corporate law firms, financial services consultants, city and state agencies, and other service providers to provide free consulting services, lead workshops about starting and managing a business or nonprofit, and find solutions for small business owners to the legal and financial challenges facing organizations.
“Small businesses and non-profit organizations sited in and serving the city’s low-income communities are indispensible to providing residents there not only with goods and services, but with jobs and the opportunity to permanently improve their lives and their children’s lives,” said Kevin Curnin, an APBCO board member and a partner at Stroock & Stroock & Lavan, where he directs the firm’s Public Service Project. “As we’ve seen, legal and other support is critical to this transformation. The Small Business Legal Academy is a novel attempt to offer impactful services to a high volume of diverse start-ups and micro-entrepreneurs, with a collaborative model we hope to replicate in New York and other cities.”
The inspiration for this project grew out of a meeting with Vice President Joe Biden and the Board of Directors of APBCo in September 2012 to discuss issues of access to justice and the role of pro bono attorneys in the delivery of legal services to the poor, including innovative collaborations between law firms, legal services organizations, bar associations and the judiciary. As a result, APBCo initiated a long-term project to seed and launch a series of new collaborations across the country designed to expand national law firm efforts to increase access to justice. The APBCo IMPACT (Involving More Pro bono Attorneys in our Communities Together) Project is already taking root in eight urban centers, from Seattle to New York, with the objective to design innovative and sustainable new solutions that will increase access to free legal services. The Small Business Legal Academy is one of several APBCo IMPACT projects in New York City.
“More than half of the small businesses that we work with have critical legal issues to resolve in the next three months,” says Jennifer DaSilva, founder and executive director of Start Small Think Big, a nonprofit in the Bronx that helps low-income entrepreneurs in New York City start and grow small businesses. “Unfortunately, high fees typically prevent many of these businesses from getting the legal help that they need when they need it. The Small Business Legal Academy offers our clients―and all the other small businesses out there in New York City who are having trouble finding the right attorney at the right cost―with an unparalleled opportunity to access desperately needed legal help from many of the best law firms in this city, at no cost. No business should miss out!”
Business owners and nonprofit leaders will have the opportunity to address their legal needs in workshop settings as well as during individual consultations. Workshop topics include:
• Legal Essentials for Small Businesses
• Contracts and MOU Issues
• Not-for-Profit Formation
• Employment Law and Personnel Management
• Intellectual Property Issues
• Commercial Leasing Issues
• Legal Essentials for Small Businesses
The Small Business Legal Academy is brought to you by APBCo in partnership with Brooklyn Legal Services Corporation; The City Bar Justice Center; Lawyers Alliance for New York; The Legal Aid Society; New York Lawyers for the Public Interest; Pro Bono Net; Start Small, Think Big; Urban Justice Center; and Volunteers of Legal Service.
For more information about the Small Business Legal Academy or to register for the event, please visitwww.probono.net/sbla.
About Association of Pro Bono Counsel
Association of Pro Bono Counsel (“APBCo”) is a membership organization of full-time pro bono counsel and coordinators at major commercial law firms. APBCo has over 125 members from more than 85 law firms nationwide, including many AmLaw 200 firms. APBCo is dedicated to improving access to justice by advancing the model of the full-time law firm pro bono counsel, enhancing the professional development of pro bono counsel, and serving as a unified voice for the national law firm pro bono community (www.probonocounsel.org).
2014 USA Games Athletics Events To Be Held in Princeton, N.J.
LAWRENCEVILLE, NJ (August 28, 2013) – The 2014 Special Olympics USA Games announced today that STS Tire and Auto Centers (STS) has signed on as a Silver Level Partner and will be the Presenting Sponsor of the 2014 USA Games Athletics Competition at Weaver Stadium on the campus of Princeton University. The 2014 Special Olympics USA Games will be hosted by New Jersey, June 14-21, 2014. Nearly 3,500 athletes will compete in 16 sports, supported by 1,000 coaches, 10,000 volunteers and 70,000 spectators.
“As an employee owned business, we knew a partnership with STS would include more than just a financial boost to the Games but an emotional investment as well,” said TJ Nelligan, President & Chairman of the 2014 USA Games. “STS has empowered its employees to truly become part of these Games by creating internal programs for its owner-employees and customers to personally contribute to and benefit from the company’s partnership of the 2014 USA Games.”
As Presenting Sponsor of Athletics, STS will be recognized throughout Weaver Stadium as well as in all external communications regarding the Athletics Competition at the 2014 USA Games. Over 450 athletes will compete in track and field events during the Games. STS will be highlighting its partnership with the 2014 USA Games in much of its marketing initiatives over the next year, including in billboards and radio advertising. Weaver Stadium is a state-of-the-art venue for outdoor track and field and provides available seating for nearly 2,500 spectators. The innovative design was crafted by Don Paige, formerly the best half-miler in the world. The oval is eight lanes across, with each lane 1.22 meters in width and features an impressively long radius of 36.5 meters on the turns. It is made of durable brick red full-depth polyurethane, the safest, fastest and most comfortable surface available.
“Partnering with the 2014 Special Olympics USA Games provides STS with a unique opportunity to give back to the communities we serve by embracing the overall mission of the Special Olympics. As a 100% employee-owned New Jersey based company we’re proud to be sponsoring Athletics and look forward to supporting the athletes as they demonstrate their incredible determination and spirit to succeed,” said Bill Caulin, president of STS.
About Somerset Tire Service (STS Tire & Auto Centers):
Founded in 1958 in Somerset County, NJ, Somerset Tire Service (also known as STS Tire & Auto Centers) has taken pride in providing exceptional service and superior value to customers for fifty-five years. STS Tire & Auto Centers is the largest independent tire and automotive service company in the Northeast, with retail locations throughout New York, New Jersey and Pennsylvania.
Unique to the retail tire and automotive repair industry, it’s an employee-owned company, dedicated to providing customers with convenient locations where long-term relationships are established based on TRUST. To continue to uphold its reputation for honesty and ethical business practices, employee-owners still follow the STS promise, which was established by the company’s founder:
STS Tire & Auto Centers is a full service tire and automotive service retailer. Services provided include oil changes to brakes, batteries, engines, shocks, struts, and more. Product offerings include top quality major brands such as Bridgestone, Firestone, Michelin, Toyo, Pirelli, Goodyear, Yokohama, Continental and more, plus brand name automotive parts. Each location is staffed with well-trained management and ASE certified technicians who’ll take pride in caring for your vehicle as if it were their own. STS Tire & Auto Centers service a wide variety of vehicles, foreign and domestic, including passenger cars, minivans, light trucks, CUV’s, and SUV’s. For additional information, please visit http://www.ststire.com, “Like” us at http://www.facebook.com/ststire and follow us athttp://twitter.com/STSTire
About the 2014 Special Olympics USA Games
The Special Olympics USA Games will be hosted by New Jersey June 14-21, 2014. Nearly 3,500 athletes will compete in 16 Olympic-style team and individual sports, with the support of 1,000 coaches, 10,000 volunteers and 70,000 family, friends and spectators. The Special Olympics USA Games will celebrate the Special Olympics movement, promote the ideals of acceptance and inclusion through sport and showcase athletes from throughout the U.S. and the abilities of people with intellectual disabilities. The 2014 USA Games will also highlight Special Olympics’ work in sport, education, health and communities. Founding partners for the 2014 Special Olympic USA Games include Barnabas Health, HESS, PSE&G, ShopRite, Toys R”Us and WWE. Learn more about the 2014 Special Olympics USA Games at www.2014specialolympics.org and follow the Games on Facebook atFacebook.com/SpecialOlympicsUSAGames and Twitter @2014USAGames.
SALT LAKE CITY, Sep. 5, 2013 – MountainWest Capital Network (MWCN) today released its annual list of the 100 fastest growing companies in Utah. www.mwcn.org The 19th annual MWCN Utah 100 Awards Program Oct. 22 will highlight rankings of the Utah 100.
The event will also highlight the 15 Top Revenue Growth companies and the 14 Emerging Elite companies.
“Year after year, Utah outperforms most other states as the best place to start or operate a business,” said Devin Thorpe, MWCN president. “It is a great pleasure to each year honor Utah’s 100 fastest growing companies, the top revenue growth companies and the emerging elite. Additionally, we honor all the business throughout this great state for their hard work, tenacity and success in helping make Utah a great place to work and live.”
The percentage of revenue increase of each company between 2008 and 2012 determines the Utah 100. Those companies with the largest dollar amount of revenue growth in 2012 make up the Revenue Growth winners. The Emerging Elite are selected from among companies with less than five, but more than two years of operation that show significant promise for future success.
The 2013 Utah 100 Event
· Tuesday, October 22, 2013
· Noon to 1:30 pm
· Grand America Hotel, 555 South Main Street, Salt Lake City, Utah 84111
· Tickets to the Utah 100 event are available at www.mwcn.org.
2013 Utah 100 in alphabetical order – Rankings will be announced at the Utah 100 program on October 22.
· Cafe Rio
· ZAGG Inc
About MountainWest Capital Network
MountainWest Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success, and dedicated to the flow of financial, entrepreneurial and intellectual capital.
Whole Foods Market® invites shoppers to join the effort to improve children’s nutrition
AUSTIN, Texas (Sept. 3, 2013) – This month, Whole Kids Foundation™ is launching its annual fundraising campaign with the goal of raising $3 million to provide schools nationwide with salad bars, gardens and nutrition education classes for teachers.
“With one-third of the nation’s children overweight or obese, and 31.6 million children relying on lunch served through the national school lunch program each year, the opportunity to improve childhood nutrition in schools is real and immediate,” said Nona Evans, executive director of Whole Kids Foundation. “By bringing more fresh fruits and vegetables to school cafeterias and supporting learning environments that connect kids to how food is grown, we can help shape healthier eating habits for our children.”
From kindergarten through high school, the average child will eat 2,300 lunches . The Centers for Disease Control and Prevention reports that children eat three times more fruits and vegetables when they have regular access to salad bars at school.
On Sept. 6, Whole Foods Market will host Salad Bar Donation Day. For every purchase from a salad bar at stores nationwide, the company will donate 5 percent of the day’s net sales to Whole Kids Foundation to support salad bar grants for schools across the country. The foundation is committed to helping increase the availability and consumption of fruits and vegetables, both at schools and at home.
Whole Foods Market shoppers can also partake in the monthlong fundraiser by:
Find your inner salad artist
To bring further awareness to the initiative and make healthy eating fun, Whole Kids Foundation is launching a National Salad Bowl Design Contest in partnership with MySocialCanvas which shoppers, teachers and students create and submit their own unique salad bowl designs. The contest will run through Nov. 30, and the winning designer will receive free salad for a year from Whole Foods Market. For more information and to enter, visit wholekidsfoundation.org.
Apply for a grant today
Whole Kids Foundation’s School Garden Grant Program, created in partnership with FoodCorps, is accepting applications now through Oct. 31. All schools and garden-related nonprofit organizations are eligible to apply this fall for grants to support the implementation or expansion of on-campus teaching gardens. In partnership with Let’s Move Salad Bars to Schools, applications for the foundation’s Salad Bar Grant Program are accepted on an ongoing basis at saladbars2schools.org. In addition to the freestanding mobile salad bar, each grant recipient receives access tothelunchbox.org, a free comprehensive online portal that helps lunchrooms transition from frozen and boxed foods to fresh, whole, scratch-cooked foods.
Since its inception in 2011, Whole Kids Foundation has funded 2,600 salad bars and 1,600 school gardens, giving more than 2.2 million children access to healthier food.
ATLANTA, Sept. XX, 2013 – Jonathan B. Wilson, attorney at Taylor English Duma LLP, today announces the release of his new book, “Easy Guide to Intrastate Crowdfunding Through the Invest Georgia Exemption.” With the recent surge in use of crowdfunding by entrepreneurs and small businesses to raise capital, the book seeks to clarify the ways in which crowdfunding can be used as an investment tool, and to provide practice steps for a certain type of crowdfunding that is now possible for small businesses located in Georgia and for investors who are Georgia residents. The book is available for free download at www.sterlingfunder.com.
The book takes an in-depth look at the basics of crowdfunding, including how it relates to securities law, private offering exemptions, the JOBS Act and the Invest Georgia Exemption. Wilson advises entrepreneurs and small business owners to prepare and manage their offerings in a transparent and professional manner in order to increase their own chances of success but also to help ensure the success of crowdfunding for all users.
At Taylor English, Wilson is a member of the firm’s Corporate & Business practice group where he focuses on corporate securities, corporate finance and governance, mergers and acquisitions, and intellectual property. He has more than 20 years of experience representing Fortune 100, middle-market and start-up companies in transactional matters.
Wilson is a member of the American Bar Association (ABA) where, in 2009, he founded the Renewable Energy Committee of the ABA’s Public Utility Section, and he currently chairs the committee. Wilson received his undergraduate degree, with honors, from the College of William and Mary and his law degree from George Washington University.
About Taylor English Duma LLP
Taylor English Duma LLP is a full-service law firm built from the ground up to provide highest-quality legal services for optimal value. The firm was founded in 2005 and its attorneys work each day to provide timely, creative and cost-effective counsel to help clients solve problems and achieve goals. Taylor English represents all types of clients—from Fortune 500 companies to start-ups to individuals. More information can be found on the firm’s website at www.taylorenglish.com.
MIAMI, Fla. – Aug. 13, 2013 – Juntos, a fashion startup based in Miami, has launched with the goal of educating Ecuadorian children, one shoe at a time. The brand, which reimagines the traditional Ecuadorian el Zapato de Lona, or Canvas Shoe, offers the style-savvy a chance to do good by donating a school supply-filled backpack to a child in Ecuador for every pair purchased. The shoes are available in black, white and powder blue, and retail for $48.00 a pair.
The brainchild of Mauricio Laniado and Andrew Tupper, Juntos was sparked by a trip to Ecuador and Laniado’s observations about the social stigmas surrounding the working class.
“I was so inspired by the way Ecuador’s working class wore their shoes,” says Laniado. “They don’t let their economic situation define them. They wear beaten-up shoes like badges of honor. As a first-generation Ecuadorian living in the States, I wanted to do something to give back to my home.”
With every pair of shoes purchased, Juntos donates an educational pack to an at-risk child from the same neighborhoods that inspired the original design. Each pack contains a year’s worth of critical school supplies, including pencils, pens, rulers and notebooks. To call attention to the shoes’ roots, Laniado and Tupper have added a map of Ecuador to each insole, serving as a constant reminder of the shoe’s origin.
Juntos made its initial debut through a food truck takeover followed by a tented installation at Soho Beach House during Art Basel Miami 2012. The brand has since continued its innovative business strategies with an Indiegogo campaign to fund its first large batch production. Fundraising goals began in August 2013 and the five-figure benchmark was surpassed in just nine days.
To view and take part in Juntos’ Indiegogo campaign, please visit FirstStepJuntos.com.
MONTVALE, NJ—SEPTEMBER 3, 2013)—Benjamin Moore is joining The Mission Continues (TMC), the national organization whose membership of veterans from the Iraq and Afghanistan wars are transitioning to post-military careers through volunteerism, to honor another group of American heroes: first responders. The 130 year-old paint company is donating more than 550 gallons of paint as well as some elbow grease as its employees work alongside other TMC volunteers and local civic groups to make over and refurbish projects for locations across the country that house firefighters and other emergency assistance resources The initiative begins September 7 in Washington, DC and St. Louis, MO, where local TMC teams will get to work on their respective Fire & Emergency Medical Services Training academies. On September 9, teams will undertake two projects in New York, including the painting of the FDNY’s Training Academy on New York City’s Randall’s Island and a second FDNY location in Bayside, Queens. Then, on September 11, the beneficiaries of this program will be the Texas Fire Museum in Dallas, and the Salvation Army Maryvale Corps Community Center in Phoenix.
A History Of Social Responsibility
Benjamin Moore, which this year is marking its 130th anniversary, has a longstanding history of contributing to community sustainability and supporting first responders on a grassroots level. Benjamin Moore’s work with The Mission Continues is just the most recent chapter in the paint maker’s long-standing focus on community sustainability; throughout 2011 and 2012, Benjamin Moore partnered with the Painting & Decorating Contractors of America (PDCA) and the U.S. Conference of Mayors (USCM) and painted 51 emergency shelters—one in every state and D.C. plus nine in Canada.This spring, Benjamin Moore joined TMC with one of its own projects —the painting of the League School in Brooklyn, a non-profit devoted to the evaluation, treatment and education of children and adults with psychiatric and developmental disabilities, an event attended by TMC’s own CEO and former Navy Seal Eric Greiten; The Daily Show’s Jon Stewart and TIME Magazine’s Joe Klein. To learn more, visit www.benjaminmoore.com.
About Benjamin Moore & Co.
Benjamin Moore & Co., a Berkshire Hathaway company, was founded in 1883. One of North America’s leading manufacturers of premium quality residential, commercial and industrial maintenance coatings, Benjamin Moore maintains a relentless commitment to sustainable manufacturing practices and continues to develop the most eco-responsible formulations possible. In 2012, the company’s Natura® paint received the Green Good Housekeeping Seal, acknowledging its high degree of sustainability plus rigorously tested performance. Other superior products in the Benjamin Moore Green Promise® portfolio include Aura®, Regal® Select, ben® and Ultra Spec® paint for commercial interiors — all built upon our patented Gennex® platform that has changed the industry and earned the passion and loyalty of homeowners and professional painters by delivering extremely low-VOC and peerless beauty and performance. J.D. Power and Associates 2013 Interior paint Satisfaction Study ranked Benjamin Moore highest in consumer satisfaction, marking the third consecutive year and fourth time the company has earned this rating. Benjamin Moore paints deliver authentic Benjamin Moore colors and are available exclusively from Benjamin Moore’s network of paint and decorating dealers.