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Monthly Archives: October 2015

Living Cities And Third Sector Capital Partners Introduce Pay For Success Construction Loan

New product designed to cover upfront costs, accelerate launch of more projects

NEW YORK (October 29, 2015)Living Cities, with Third Sector Capital Partners, Inc., announced a first-of-its-kind loan product, the Pay for Success (PFS) Construction Loan. The new PFS Construction Loan is designed to cover the upfront costs of constructing PFS projects. In addition, it aims to accelerate the launch and implementation of more PFS projects.

PFS is an innovative structure that drives government resources toward social impact projects that achieve positive results for low-income people. PFS projects raise funds from private investors – both philanthropic and market-rate impact investors – to pay for the provision of a service and bridge the timing gap between service provision and outcome payments. If the project meets the agreed-upon social outcomes as measured by an independent evaluator, government makes success payments to those who made the original investment. This means that precious government resources and taxpayer dollars are spent only in the event of proven success.

One of the barriers preventing the PFS field from growing more rapidly is the reliance on grants for the upfront funding necessary for service providers, project managers and evaluators to construct a PFS project. This construction work is intensive and costly as it can include target population selection, data gathering and analysis, economic modeling, evaluation design, program training and scaling. The new PFS Construction Loan aims to encourage more PFS projects and ultimately increase the number of impactful programs that are measurably improving the lives of people in need.

“If early PFS efforts are effective, they will spark additional interest in opening up capital inflows from commercial institutions and private investors,” said Eileen Neely, Director of Capital Innovation, Living Cities. “This loan will help get more PFS projects underway, so we can advance our goals beyond the dollars that grants can supply and prove that PFS is a viable model for investing in human capital.” To date, PFS projects have focused on outcomes such as reducing youth recidivism, increasing employment, and increasing the availability of supportive housing units, among other important outcomes.

The new PFS Construction Loan was introduced yesterday at the White House Domestic Policy Council and the Office of Science and Technology Policy’s event “A New Paradigm for Government: Adopting an Outcomes Mindset.”

The first three PFS Construction Loans were made with support from Deutsche Bank Americas Foundation and The Chicago Community Trust. They will support the construction of projects in New York, Illinois and Salt Lake County. The loans are made to the project’s special purpose vehicle (SPV) and are repaid by the funders of the PFS projects once they officially launch and start delivering services. Third Sector Capital Partners, Inc. a nonprofit advisory services firm whose mission is to accelerate America’s transition to a performance-driven social sector, is providing advisory services to help structure and close the projects.

“Third Sector and our project partners, including service providers, have experienced firsthand how a lack of funding during PFS project construction can strain partner organization resources and delay project launch,” said George Overholser, Third Sector’s CEO and Co-Founder. “We are excited to partner with Living Cities and other funding partners on making this innovation a reality and accelerating Third Sector’s work to improve outcomes for people in need.”

About Living Cities

Living Cities harnesses the collective power of 22 of the world’s largest foundations and financial institutions to develop and scale new approaches for creating opportunities for low-income people and improving the cities where they live. Its investments, research, networks, and convenings catalyze fresh thinking and combine support for innovative, local approaches with real-time sharing of learning to accelerate adoption in more places. Additional information can be found at www.livingcities.org.

About Third Sector Capital Partners, Inc.

Third Sector leads governments, high-performing nonprofits, and private funders in building evidence-based initiatives that address society’s most persistent challenges. As experts in innovative public-private contracting and financing strategies, Third Sector is an architect and builder of the nation’s most promising Pay for Success projects including those in Commonwealth of Massachusetts, Cuyahoga County, Ohio, and Santa Clara County, California. A 501(c)(3) nonprofit based in Boston and San Francisco, Third Sector is supported through philanthropic and government sources, including a grant from the Corporation for National and Community Service’s Social Innovation Fund.

Independent Sector Recognizes Nonprofit Leaders During 2015 National Conference

City Year’s Michael Brown, winner of the Gardner Award and United We Dream’s Julieta Garibay, winner of the American Express NGEN Award, Honored for their Leadership in Addressing the Sector’s Most Critical Social Needs

Miami, FL – Independent Sector (IS) is pleased to award Michael Brown, co-founder and CEO of City Year, with the 2015 John W. Gardner Leadership Award and Julieta Garibay, campaigns director of United We Dream, with the 2015 American Express NGen Leadership Award for their outstanding service and leadership in addressing some of the charitable sector’s most pressing issues. Brown and Garibay received their awards today at the conclusion of the 2015 Independent Sector National Conference, “Embark,” in Miami.

“Michael and Julieta are leaders in our community and we are excited to recognize their excellent work on behalf of the charitable sector,” said Ron Kagan, president and CEO of the Detroit Zoological Society, chair of the 2015 John W. Gardner Leadership Award Committee, and a member of the IS Board of Directors. “Our sector is stronger and the work we do is made better and more impactful, because of the dedication and leadership of individuals like Michael and Julieta. We are proud and honored to support them and we wish them continued success.”

“I am deeply honored and humbled to have been selected for this award,” said Michael Brown, co-founder and CEO of City Year. “The late John W. Gardner is an inspiration for so many of us and living up to his legacy is a challenge for all of us to serve the common good as best we can. I would like to express my sincere appreciation to Independent Sector for their leadership in the charitable sector.”

“I am humbled and grateful to receive this year’s American Express NGen Leadership Award,” said Julieta Garibay, campaigns director of United We Dream. “I sincerely thank Independent Sector and American Express for recognizing the important work done in the charitable social sector to give millions of young immigrants a voice. I thank you for your support and look forward to continuing our work together in the years to come.”

“American Express is proud to recognize outstanding individuals, like Juileta and Michael, who are tackling important issues in their communities and helping grow nonprofits that address our most critical social needs,” said Timothy J. McClimon, president of the American Express Foundation, which sponsors the NGEN Award.

The John W. Gardner Leadership Award is named after John W. Gardner, the founding chair of Independent Sector. An advisor to six presidents and recipient of the Presidential Medal of Freedom, Gardner was an active and distinguished participant in America’s educational, philanthropic, and political life, and his many achievements demonstrate the ideals this award celebrates.

Independent Sector’s American Express NGen Leadership Award recognizes one accomplished nonprofit or philanthropic leader age 40 or under who has already demonstrated significant impact in addressing society’s critical needs. Applications for the American Express NGen Leadership Award were evaluated by a selection committee of nonprofit and philanthropic leaders. The finalists submitted answers to essay questions and participated in a Twitter Town Hall to share their views on leadership, impact, and the opportunities and challenges within the sector.

2015 John W. Gardner Leadership Award Winner

Michael Brown is CEO and Co-Founder of City Year, an education-focused nonprofit organization that mobilizes idealistic young people for a year of service in high-need schools. This year 3,000 City Year AmeriCorps members, serving in 27 U.S. locations, are helping to address the nation’s high school dropout crisis and turn around low-performing schools by serving as full-time tutors, mentors and role models. Brown is also a past board member of Independent Sector and a trustee of America’s Promise Alliance, and currently serves on the boards of Cradles to Crayons and the Center for Disaster Philanthropy. He is a graduate of Harvard University and Harvard Law School, where he served as an editor of the Harvard Law Review. He is also a member of the Harvard Board of Overseers.

2015 American Express NGen Leadership Award Winner

Julieta Garibay migrated to the U.S. at the age of 12 from Mexico City with her mother and sister. In 2005, she co-founded the University Leadership Initiative (ULI) at the University of Texas- Austin, one of the first undocumented youth-led organizations in the nation. She was also a founding board member of United We Dream, the first and largest immigrant youth-led organization in the nation, serving in multiple other roles in the network on top of her advocacy role. She holds a Master’s degree of Science in Public Health and a Bachelor’s degree in Nursing from the University of Texas.

Dream Foundation – the Only National Dream-Granting Organization for Terminally Ill Adults – Hosts Celebrities, Special Guests and Foundation Supporters at Annual Gala to Help Raise Vital Funds

Santa Barbara, CA – October 28, 2015 – Dream Foundation–the only national dream-granting organization for adults and their families suffering life-threatening illness–will hold its 14th Annual Celebration of Dreams Gala Saturday, November 7th at the Bacara Resort & Spa in Santa Barbara. Synonymous with unparalleled entertainment and heartfelt dream stories, the event will draw a national audience of celebrities, special guests and Foundation supporters.

Country/American musician Natalie Noone—daughter of Herman’s Hermits legendary frontman, Peter Noone, and Dream Foundation supporter and event co-chair, Mireille Noone—will grace the stage. Raised in Santa Barbara, Noone followed her dream of becoming a musician to Nashville. Often surprising audiences with songs in French and Spanish and accomplished guitar textures, Noone’s sound is a fusion like none other. She has also been a Dream Foundation volunteer. Dream Foundation is thrilled to welcome Noone home.

Giving a more classical performance will be the young Sara Stevens, who has been training since the age of six. Currently working with Broadway’s The Phantom of the Opera musical director, Paul Schwartz, on an album, Stevens has just begun to realize her musical dreams, and is bound to amaze and delight with her powerful voice. At just 15 years old, her talent is undeniable and truly remarkable.

O.A.R. (Of A Revolution), founded in 1996 by Rockville, Maryland high school classmates, lead singer Marc Roberge, drummer Chris Culos, guitarist Richard On and bassist Benj Gershman, will also perform. The band’s saxophonist Jerry DePizzo joined later, while the group attended Ohio State University. Renowned for their American rock sound enjoyed best in their powerful and passionate live performances, the band has released eight studio albums including their latest, The Rockville LP, an album derived from their roots in Maryland.

In addition to these musical treats, guests will also enjoy a live auction hosted by Santa Barbara native and ABC’s “The Bachelor” alum, Andrew Firestone, and his wife and actress, Ivana. Featured live auction packages include an “After-Noone with Peter Noone,” a private concert for 100 given by Peter Noone, lead singer of the legendry pop band Herman’s Hermits. The “Two Tickets to Paradise” package includes four nights in New Zealand and three nights in Fiji. “Hollywood Nights!” includes a 48-hour Tesla Model S rental; the opportunity to attend a taping of NBC’s hit television show, “The Voice” with a meet-and-greet with judge and Maroon 5 frontman, Adam Levine; VIP tickets to a taping of TBS’s hit talk show, “Conan;” a 5-star meal at one of LA’s favorite eateries, Little Dom’s; and a night at the Hotel Bel-Air complete with massages at their premiere spa. The silent auction will consist of more than 70 items, including signed Kobe Bryant game shoes, a Buenos Aires package and two special works of art completed at the Gala.

Dedicated to celebrating the more than 22,000 dream recipients the Foundation has served since its inception in 1994, the 14th Annual Celebration of Dreams Gala will include heartfelt testimonials from three recent dream families, the Malones from Arizona, the Hoods from California, and Tara Middleton from South Carolina who will take center stage.

Sheri and Jimmy Malone are the wife and son of 55 year-old- dreamer, James Malone, who passed away in June, just one day before realizing his dream of visiting Washington D.C. A U.S. Navy veteran who served from 1977-1981, Malone was honorably discharged as a Disbursing Clerk Second Class. Dream Foundation was honored to have the Malones attend the public launch of its newest program, Dreams for Veterans, on Capitol Hill last month.

Dream Foundation will also welcome dream recipient William Hood and his wife Ellen. With a life expectancy of 6-12 months due to cancer, Hood received his dream last month when he and his family, including son Robert (10) and daughter Madeline (14), attended a San Francisco Giants game.

32 year-old Tara Middleton who was diagnosed with an inoperable brain tumor last year continues to fight for her life. Her final dream was fulfilled when she met her idol, Tamar Braxton and appeared on her talk show, “The Real.” Tara continues to thrive as the founder and CEO of Rare Rubies, an organization that focuses on life coaching, consulting and motivational speaking.

“Dream Foundation is privileged to have such a generous, national network of supporters, corporate and in-kind partners, and volunteers who support the fulfillment of thousands of dreams each year,” said Dream Foundation Executive Director, Kisa Heyer. “Our Celebration of Dreams Gala is about enhancing awareness of the organization and its many programs, celebrating our incredible community of supporters, and—most importantly—paying tribute to the dreamers and their families we are privileged to serve.”

The 14th Annual Celebration of Dreams Gala will salute the founding partners of the newly launched Dreams for Veterans program: CKE Restaurants Holdings, Inc. and its President/CEO Andy Puzder, as well as John Paul DeJoria of The Patrón Spirits Company and CEO/ Co-Founder of John Paul Mitchell Systems. Gentiva Hospice Foundation, which has been a Corporate Partner in Dreams since 1999 and has helped serve more than 9,000 final dreams will be honored.

Dream Foundation acknowledges the generous support of its event sponsors: Colleen Barnett-Taylor & Michael Taylor, CKE Restaurants, Inc., Genentech, Gentiva Hospice Foundation, Dee & Andy Puzder, Tracy & Michael Bollag, The Himovitz Family & El Capitan Canyon, Santa Ynez Band of Chumash Indians, Wells Fargo, Bacara Resort & Spa, Patròn Tequila, John Paul Mitchell Systems, Walter Claudio Salon Spa, and the many others whose dedication to the Gala and the organization’s mission is insurmountable.

Net proceeds from the event are vital to maintaining and growing the mission of Dream Foundation, which receives no federal or state funding and relies solely on corporate and individual contributions, grants and in-kind gifts. Dream Foundation maintains a 4-star rating (the highest rating) by Charity Navigator and has never turned down a qualified dream request.

About Dream Foundation

The only national dream-granting organization for adults, Dream Foundation enhances the quality of life for individuals and their families battling life-threatening illness. Dream recipients are those individuals who have been given a year or less life expectancy. Dreams range from basic needs items, like a working stove, to bedside reunions and meaningful experiences with children and loved ones.

Founded in 1994, Dream Foundation serves more than 2,500 dreams each year and relies on a network of volunteers, sponsors and individual donors.

For more information, visit www.dreamfoundation.org 

Screen Actors Guild Foundation Announces Presenters And Performers For SAG Foundation 30th Anniversary Celebration On November 5th

LOS ANGELES (October 29, 2015) — The Screen Actors Guild Foundation announced today the actors, filmmakers, and musicians who will present and perform at the nonprofit’s 30th Anniversary Celebration. Joining SAG Foundation President JoBeth Williams and First Vice President Pamela Reed, this year’s presenters include James Corden, Diane Kruger, Mark Ruffalo, Gabourey Sidibe, Jussie Smollett, Darby Stanchfield, and Patrick Stewart. This year’s performers include Darren Criss, Estelle, Cheyenne Jackson, Ledisi, Shelby Lynne, Abigail Spencer, and Bellamy Young. The evening of musical performances, which honors industry leaders who are champions of the arts, takes place Thursday, November 5th at the Wallis Annenberg Center for the Performing Arts in Beverly Hills. Ticket sales benefit the SAG Foundation.

“As the SAG Foundation commemorates 30 years of giving back to SAG-AFTRA members, the entertainment industry, as well as an international audience of children, parents, and teachers; we are grateful to this year’s presenters and performers for graciously giving us their talents while we celebrate our milestone anniversary,” said Williams.

Actor Leonardo DiCaprio will receive the Foundation’s “Actors Inspiration Award,” highlighting his career achievements as a five-time Oscar®-nominee and eight-time Screen Actors Guild Award nominee, and recognizing his philanthropic work as Chairman of the Leonardo DiCaprio Foundation (LDF). The inaugural “Patron of the Artists Awards” are tributes to three industry leaders who are champions of the arts known for nurturing creative talent both in front of and behind the camera: award-winning director/producer/writer Lee Daniels, award-winning producer Megan Ellison, and award-winning director/producer Rob Marshall.

This year’s sponsors include Vanity Fair, New Regency, Rise Up Foundation, SAG-AFTRA, Skydance Media, United Airlines, CAA, Walt Disney Studios, Integrated Wealth Management, Champagne Taittinger, TNT, and Variety. To purchase tickets and for more information, please visit SAGFoundation.org/30Years. To follow the 30th Anniversary Celebration, follow @SAGFoundation on Twitter and Instagram and /SAGFoundation on Facebook. Use #SAGF30 to join the conversation.

In 2015, the Screen Actors Guild Foundation celebrates 30 years of giving back to the professionals of SAG-AFTRA, their families and communities. The nonprofit provides vital assistance and educational programming to the professionals of SAG-AFTRA while serving the public at large through its signature children’s literacy programs. For 30 years, the Foundation has granted more than $17 million in financial and medical assistance through its Catastrophic Health Fund and Emergency Assistance Programs, and $6.5 million in scholarships to SAG-AFTRA members and their dependents. In addition, the nonprofit has offered 5000 free educational workshops, panels and screenings to union performers nationwide and its children’s literacy programs have brought the love of reading to more than 66 million children worldwide.

About the Screen Actors Guild Foundation

The Screen Actors Guild Foundation envisions a world where all artists can realize their dreams, and children are empowered to create their own. Founded in 1985, the SAG Foundation is an educational, humanitarian and philanthropic 501(c)(3) non-profit organization, independent from SAG-AFTRA, and relies solely on support from grants, corporate sponsorships, and individual contributions to maintain its programs. For more information, visit sagfoundation.org. Follow SAG Foundation on Twitter (twitter.com/sagfoundation), Facebook (facebook.com/sagfoundation), YouTube (youtube.com/sagfoundation) and Instagram (instagram.com/sagfoundation).

The MasterCard Foundation Research Shows How African Youth Navigate Risk To Survive

Hundreds gather at the inaugural Young Africa Works Summit to address youth unemployment and opportunities within the agricultural sector

Cape Town, South Africa, October 29, 2015 — The MasterCard Foundation today released preliminary findings from innovative research conducted over the past six months into youth employment behaviours in Africa, where 600 million people are under the age of 25 and 72 percent of its youth live on less than US$2 per day. The Youth Livelihoods Diaries research highlights the extraordinary lengths that young people go to as they try to achieve sustainable livelihoods.

“There is a distinct lack of research into the daily lives of African youth as they seek secure, safe and better paid work,” said Ann Miles, Director of Programs, Financial Inclusion & Youth Livelihoods at the Foundation. “The agricultural sector is set to create eight million stable jobs by 2020 and up to 14 million if the sector is accelerated. We believe it has to feature prominently in development plans for the continent if we hope to achieve a prosperous future for young Africans.”

Solutions for accessing employment and micro-business opportunities within the agriculture value chain are a main topic at the The MasterCard Foundation’s Young Africa Works Summit taking place in Cape Town on October 29-30. This inaugural event is bringing together hundreds of experts, practitioners, young people and policymakers to discuss practical solutions to address youth unemployment on the continent. The Summit will explore strategies and solutions to enable young people to transition to more secure employment, focusing on the agricultural value chain as a prime source of opportunity. It will also provide a space to cultivate fresh ideas, partnerships and networks. More than 50 young people will be in attendance to share their perspectives in relation to employment or self-employment in this sector.

Preliminary findings of the Youth Livelihoods Diaries research project indicate that:

  • Young people in Africa need to have multiple jobs to survive. Although many of them pursue various micro-business ideas, they often find themselves also having to work in agriculture (sometimes just for household consumption). This experience causes many not to consider agriculture as a viable profession.
  • More than 50 percent of young people are able to save money. The majority are saving cash at home rather than using a bank account.
  • Young people are increasingly using technology, particularly mobile phones. Although this provides new opportunities, it also presents costs.
  • Information about jobs and skills acquisitions is seen as the greatest need for research participants.

In 2016, the Foundation will publish a comprehensive report that fully explores the data findings and patterns. To date, it has committed more than $US300 million to rural and agricultural initiatives that increase access to financial services and prepare young people for employment and/or entrepreneurship opportunities in Africa.

To follow the conversation at the Young Africa Works Summit, follow the Foundation on Twitter @MCFoundation and the event hashtag: #yaw2015. Summit materials can be found at www.youngafricaworks.org

Meet The Organization That Helped 30,954 Women Find Employment Through Education in Belarus, Russia, Ukraine and Georgia

It won’t come as a surprise to many that there is a great divide between European countries when it comes to issues of gender and opportunities for women. While some countries have a high percentage of female participation and a relatively impressive number of women in executive level positions. The European Union has set a goal to achieve an employment level of 75% amongst women in the EU and some nations like Sweden, Denmark and France are making this goal a reality.

Unfortunately, there are also many European countries in which the institutionalized oppression of women and overt sexism is nothing short of staggering. In places like Ukraine and Russia, depriving women of basic economic and social rights as well as access to education is just one of the abhorrent human rights violations happening today, but one American organization is changing that.

For over 135 years, the international organization World ORT has been bringing education to those in need all over the world, in large part, thanks to the fundraising efforts of the U.S. branches of the organization. Now, they are turning their attention to women in the Baltic States. Understanding that education is, in many cases, the basis for building a better, more secure, more promising future, World ORT collaborated with Project Kesher to found and fund a groundbreaking initiative focused on expanding employment opportunities for women living in the former Soviet Union. Through a network of training centers, this program drastically improves the employment prospects of women by offering hands-on information and communication technology (ICT) education, something most of them would never otherwise have access to.

To date, over 30,954 women have completed programs at the 16 ORT-KesherNet centers currently operating in Russia, Ukraine and Belarus. Single mothers, refugees and destitute women on the verge of homeless are just a few of the type of individuals that ORT-KesherNet programs actively support and successfully help to secure gainful employment through education.

ORT-KesherNet is now poised to begin a new phase of its operations in order to meet the changing employment prospects in Russia, Ukraine and Belarus. In this new phase, ORT-KesherNet centers will not only focus on teaching ICT skills but also the development of business management skills. This new objective directly addresses the growing importance and increasing number of opportunities for people in these regions to start their own business. This is a trend that has been slowly growing over the years but which has gained new impetus since the beginning of the recent global recession.

Independent Sector Members Elect New Directors at Annual Business Meeting; Shares Updated Vision, Purpose and Beliefs

Miami, FL – Independent Sector (IS) members elected four new directors and re-elected one director to the IS Board, IS announced today. The elections were part of the Annual Business Meeting held in conjunction with the 2015 Independent Sector “Embark” National Conference in Miami. The four new directors elected to their first three-year term of service are Kathy Calvin, President and CEO, United Nations Foundation; Antony Chiang, President, Empire Health Foundation; Terry Mazany, President and CEO, The Chicago Community Trust; and Henry Timms, Executive Director, 92nd Street Y. Julie Floch, Partner-in-Charge of Not-For-Profit Services, EisnerAmper LLP, was re-elected, and begins a second three-year term of service.

“We are honored to have these four dynamic leaders join our Board of Directors and grateful for the continuing service of our existing leadership. We also want to extend our sincere thanks to those board members who are stepping down from service this year. We thank all of our directors for serving on behalf of the charitable sector at this pivotal time,” said Claire Wellington, Senior Vice President, Governance and Special Projects and interim Co-CEO. “The world around us is changing and our sector faces new challenges in the months and years ahead. We look forward to continuing to advance the common good thanks to the experience and wisdom of this deeply committed and talented group of individuals.”

The board’s elections of the 2016 officers and the At-Large Member of the Executive Committee were also announced during the Annual Business Meeting:

  • Neil Nicoll, Chair, President Emeritus, YMCA of the USA
  • Steven McCormick, Vice Chair, CEO, Earth Genome Project
  • Sandra Vargas, Secretary, President and CEO, The Minneapolis Foundation
  • Jim Gibbons, Treasurer, President and CEO, Goodwill Industries International
  • Jeff Bradach, Managing Partner and Co-Founder, The Bridgespan Group

Independent Sector also acknowledged the service of its retiring board members:

  • Irene Hirano Inouye, President, U.S.-Japan Council
  • Michael Piraino, Immediate-past Chief Executive Officer, National CASA
  • Lorie Slutsky, President, The New York Community Trust
  • Kelvin Taketa, President and CEO, Hawaii Community Foundation

Also during today’s business meeting, IS shared the updated vision, purpose and beliefs with members:

Vision and Purpose:

We envision a world of engaged individuals, robust institutions, and vibrant communities working together to improve lives and the natural world, and strengthen democratic societies. To help create this future, we lead and catalyze the charitable community, partnering with government, business, and individuals to advance the common good.

Independent Sector Beliefs:

  • Collective Solutions – We find better solutions to complex problems when diverse groups, committed to the common good, come together in networks of responsibility.
  • Opportunity, Respect, and Inclusiveness – Societies thrive when all people have equal opportunity to succeed, are treated with respect, and can fully participate in the life of the community.
  • The Power of the Charitable Community – By taking bold risks, encouraging creativity, fostering collaboration, and inspiring optimism, the sector is a vital, leading force in improving lives and the natural world, and strengthening democratic societies.
  • Responsible, Transparent Institutions – Democratic societies rely on transparent, ethical, and accountable institutions and people.

About Independent Sector’s new slate of directors:

Kathy Calvin is President and Chief Executive Officer of the United Nations Foundation. Her career has spanned work in the public, private and nonprofit sectors. She is a passionate advocate for multi-sector problem-solving, U.S. leadership on global issues, and the inclusion of women at all levels and in all sectors. Kathy was named CEO by the UN Foundation Board in 2009 and President in 2013. In those roles, she leads one of the most innovative organizations advocating for the UN and the creation of public-private partnerships. Her leadership brings together the largest network of supporters of UN issues in the United States and a global network of corporate, civil society and media partners. The UN Foundation was created in 1998 with entrepreneur and philanthropist Ted Turner’s historic $1 billion gift to support UN causes and activities. The UN Foundation advocates for the UN and connects people, ideas, and resources to help the United Nations solve global problems. As a public charity with many partners, the UN Foundation’s work is focused on decreasing child mortality, empowering women and girls, creating a clean energy future, using mobile technology for development, and improving U.S.-UN relations. In 2011, Kathy was named one of Newsweek’s “150 Women Who Rock the World,” and in 2012, she was listed in Fast Company’s “League of Extraordinary Women.” Her innovative work in the philanthropy and international NGO sector was featured by The New York Times in 2011. She has received numerous other awards for philanthropy and leadership.

Prior to joining the UN Foundation as Chief Operating Officer in 2003, Kathy served as President of the AOL Time Warner Foundation where she guided AOL Time Warner’s philanthropic activities and was the chief architect of the company’s corporate responsibility initiatives. She joined America Online in 1997 as Senior Vice President and Chief Communications Officer, and was responsible for the company’s brand, social responsibility, and external relations. Immediately prior to joining AOL, she was a Senior Managing Director at Hill and Knowlton, a global public relations company, where she led the U.S. Media Relations practice. For 12 years before that, she served as Director of Editorial Administration for U.S. News & World Report, overseeing budget, personnel, innovation and strategy. From 1976 through 1984, Kathy served as Senator Gary Hart’s press secretary in his Senate office and his 1984 Presidential campaign. She was one of the first women to hold that title in American Presidential campaigns.

Throughout her career, Kathy Calvin has taken an active role in a range of philanthropic activities, including the boards of the International Women’s Media Foundation, City Year, Internews, the Newseum, Share Our Strength, the United Nations Association of the United States of America, and the East-West Center. She is a frequent public speaker and commenter. Kathy is a graduate of Purdue University.

Antony Chiang is the President of Empire Health Foundation (EHF). EHF is a private health foundation, with approximately $165 million in assets under management and stewardship, working to measurably improve the health of communities in Eastern Washington. With an estimated $86 million reserved towards philanthropy, it is the largest private foundation in the region, giving Antony the unique opportunity to build a philanthropic organization from the ground up, design and implement a strategic vision for impact, and establish the Foundation as a catalyst and convener in the region. Through a series of innovative public-private collaborations, EHF will govern and re-grant an estimated $14 million in 2015 in public and private funding in the region. EHF has helped to move the needle, creating impact via sustainable systems change in the region, in health areas as diverse as obesity prevention, health care access, and Adverse Childhood Experiences (ACEs). The foundation was recognized with the 2013 Secretary’s Award for Public Philanthropic Partnership: Presented by HUD Secretary Donovan and the Council on Foundations in recognition of “an exemplary public-philanthropic partnership which has transformed the relationship among the sectors, led to measurable benefits for residents and community, and serves as a role model for other communities”. Antony was honored with the 2012 Annual Public Health Leader Award by the Washington State Public Health Association. In addition, he is a member of RWJF’s/Culture of Health Prize National Advisory Group, and serves on several statewide leadership boards including the Governor’s Council for the Healthiest Next Generation. Antony is a frequent keynote speaker and panelist at philanthropy and health conferences. Prior to working at EHF, Antony was an executive at a leading philanthropic service provider, designing and managing innovative models of corporate technology philanthropy and streamlining international grant making. In addition, he has served as the chief executive of several social enterprise start-ups and practiced corporate venture capital law. As a Principal Investigator specializing in bioinformatics, Antony was awarded several Phase 1 and Phase 2 SBIR grants from the National Institutes of Health. Antony earned his B.S. in Electrical Engineering/Computer Science from UC Berkeley and his J.D. from Stanford Law School.

Terry Mazany is president and chief executive officer of The Chicago Community Trust. In 2004, Mazany was appointed as the fifth chief executive officer in the Trust’s history. Mazany has risen through the ranks, serving as chief operating officer and as director and senior program officer for the Education Initiative, where he led the design and implementation of the Trust’s initial $50 million, five-year commitment to improvement in Chicago schools. In addition, Mazany recently concluded his tenure as the interim chief executive officer of Chicago Public Schools, a district of more than 400,000 students and over 650 schools with a budget of $6 billion. He was appointed to this position in November of 2010 by Chicago’s Mayor Richard M. Daley to provide leadership for the nation’s third largest school district until a new mayor was elected. In response to the economic recession and an invitation from Mayor Daley of Chicago, Mazany helped organize and lead the Recovery Partnership involving over 50 foundations to support the distribution of over $1 billion in American Recovery and Reinvestment Act funds in Chicago. Mazany is a member of the board of directors of the Federal Reserve Bank of Chicago and the Council on Foundations. A member of the National Assessment Governing Board since 2012, he was named as its chair by U.S. Education Secretary Arne Duncan in 2014. He served as past chair of its Community Foundation Leadership Team representing the nation’s 700 community foundations, and a member of the Diversity in Philanthropy Project. Mazany came to the Trust from a distinguished career in public school administration, working in districts across the country including Detroit, Chicago, Baltimore, Oakland, and San Francisco. Mazany received a Masters in Anthropology and a Masters in Business Administration, with an emphasis on organizational change, from the University of Arizona. Preceding his work in the public sector, Mazany enjoyed his first career as an archaeologist and dendrochronologist — using tree-ring chronologies to date human settlements and develop past climate records.

Henry Timms is executive director of 92nd Street Y, the renowned cultural and community center. More than 300,000 people visit 92Y annually, and millions more participate in 92Y’s digital and online initiatives. Under Henry’s leadership, 92Y is re-imagining the role of the traditional community center, using innovative programming and new technology both locally and globally. Henry oversees the organization’s 40+ businesses, including critically-acclaimed performing and visual arts programs; a world-renowned series of talks and readings; a huge range of family and wellness programming; professional development opportunities; and more. In 2012, Henry founded #GivingTuesday, which engages more than 10,000 partners in a global day of giving that was honored with a Cannes Lion at the International Festival of Creativity; the PRWeek Global Award for Nonprofit Campaign of the Year; and the inaugural UJA-Federation Riklis Prize in Agency Entrepreneurship. Henry also co-founded the annual Social Good Summit, which pioneered a new, inclusive summit model that opened up the critical discussions held during UN week to a much wider audience and led to concurrent gatherings around the world. As an extension of the Social Good Summit, Henry led the team that developed a MOOC (massive open online course) called “How to Change the World,” offered with Wesleyan University; 51,000 students participated in its first year. Henry has inspired the organization to develop a range of other groundbreaking initiatives and partnerships, including the Campaign for the American Conversation with Harvard and Stanford universities, and with NYCEDC, the NYC Venture Fellows and NYC Fashion Fellows. Henry is a practitioner in residence at the Stanford Center on Philanthropy and Civil Society (Stanford PACS) and a member of the World Economic Forum’s Network of Global Agenda Councils. In 2014, Henry was named the NonProfit Times Influencer of the Year. He is a member of several philanthropic committees, including the selection committee for the 2015 CECP Excellence Awards and the Lipman Prize Committee at the Wharton School of the University of Pennsylvania. Henry serves on the board of the Nightingale-Bamford School in New York. He is also a fellow of the Royal Society for the Arts (RSA), where he is chair of the nominating committee for the RSA’s Benjamin Franklin Medal. He is a dual citizen of the U.S. and the U.K., and lives in New York City with his wife and two young children.

Julie Floch is Partner-in-Charge of EisnerAmper’s Not-For-Profit Services Group and is responsible for coordinating the planning and administration of engagements in the firm’s not-for-profit practice. She has participated in various not-for-profit initiatives of the American Institute of CPAs (including terms on its Not-for-Profit Industry Expert Panel and its former Not-for-Profit Organizations Committee) and is a panelist in some of its educational courses. She has also served on the New York State Society of CPAs’ committee on not-for-profit organizations (which she formerly chaired) and its committee on tax-exempt entities. Julie is currently a member of the governing board (and audit and governance committees) of Independent Sector, a member of the Financial Accounting Standards Board’s Project Resource Group for Financial Statements of Not-for-Profit Organizations, a member of the government affairs committee of the New York Nonprofit Coordinating Committee, an advisor to the Frances L. & Edwin L. Cummings Memorial Fund, a member of the legislative affairs committee of Philanthropy New York, a member of the audit committee of the Sargent Shriver National Center on Poverty Law, and an advisor to the Charities Law Project at the Columbia Law School. Previously, she served on the Internal Revenue Service’s Advisory Committee on Tax Exempt and Government Entities, a role which included providing input for the significant redesign of the federal Form 990 in 2008, was a member of the board of trustees of the New York Council of Nonprofits, and chaired the finance and audit committees of the Crohn’s and Colitis Foundation of America. A graduate of the State University of New York at Binghamton, with graduate studies at Baruch College/CUNY, Julie is an adjunct professor of auditing at Baruch College/CUNY, and she previously taught not-for-profit management at the New School University and served on its Faculty Senate. She writes and speaks frequently on a variety of business topics.

To read the biographies of Independent Sector’s current board members, visit http://www.independentsector.org/board_bios.

Bike New York To Hand Out Free Bike Lights Next Week

Giveaway to coincide with the end of Daylight Savings Time, as more cyclists will find themselves on streets, lanes, and paths after dark

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New York State law requires all cyclists to use a front white light and a rear red light from dusk to dawn, so on November 2nd and 3rd, staff and volunteers from Bike New York, the city’s leading bike education nonprofit—which provides free bike education classes for kids & adults throughout the five boroughs—will hand out bike lights to cyclists lacking the required safety accessories.

“Some of the best riding happens at night, as long as you do it right,” says Ken Podziba, Bike New York’s President & CEO. “Bike New York is committed to teaching New Yorkers how to ride safely, confidently, and responsibly—and when you’re riding after dark, the key is to see and be seen.”

The Bike New York–branded front and rear lights will be handed out on Monday, November 2nd at the Brooklyn side of the Williamsburg Bridge, and on Tuesday, November 3rd on the Hudson River Greenway by 72nd St. in Manhattan. Both giveaways will begin at 5:30PM.

About Bike New York: Bike New York is 501(c)(3) nonprofit that provides free bike education programs throughout the five boroughs. In 2014 alone, they taught bike skills to more than 16,000 kids and adults. Funding for these programs comes from the organization’s numerous annual events, including the TD Five Boro Bike Tour, Bike Expo New York, and smaller regional and local rides. www.bike.nyc

Survey: 2 Out Of 5 Financial Advisors Say They Already Offer “Impact Investing” To Clients, Another 15 Percent Plan To Do So

Financial Advisors Agree: Millennials, Women, and College-educated Investors are Top Three Groups Driving the Availability of Impact-Investing Choices

COLORADO SPRINGS (October 28, 2015) —“Impact investing” is a hot topic in the financial world today. Already, 39 percent of surveyed financial professionals say they are offering such choices to clients and another 15 percent plan to do so in the new future, according to “The SRI Conference Survey on the Views of Financial Professionals About Impact Investing” released today by First Affirmative Financial Network, producer of The SRI Conference taking place next week, November 3–5, 2015 at The Broadmoor in Colorado Springs, Colorado (http://www.SRIconference.com). The SRI Conference will focus on issues for financial professionals and investors grappling with impact investing.

Available online at http://www.sriconference.com/impactinvestingsurvey, the First Affirmative survey is based on 508 responses to an online survey of financial professionals not usually identified as SRI practitioners. The survey was conducted between September 25 and October 19, 2015. Key survey findings include the following:

  • Nearly two thirds of survey financial advisors claim to be “very aware” (35 percent) or “somewhat aware” (29 percent) of impact investing.
  • However, one out of five could not define “impact investing” and there was little consensus among the rest on specific definitions, with more than a third (38 percent) opting for “all of the above” on what impact investing means. One common definition of “impact investing” is that it seeks to achieve environmental or social change while generating a return for an investor.
  • Over half (51 percent) of surveyed financial advisors say “impact investing likely will become a bigger focus for more financial advisors in the next five years.” An even greater percentage—73 percent—see impact investing becoming a “much bigger” or “somewhat bigger” part of their practice in the same time period.
  • Why offer impact investing? Client demand at 58 percent.
  • Where will demand for impact investing come from? The survey respondents picked Millennials, women, and college-educated investors as the top three groups driving demand.

Commenting on the survey findings, First Affirmative Financial Network President, Steve Schueth, said: “The survey’s findings show that the financial world is adjusting quickly to accommodate retail investor demand for impact investing. It is encouraging to see so many so-called ‘mainstream’ financial advisors embrace the notion that their clients can do well and do good at the same time. Only a few years ago investing for impact was the exclusive province of investment professionals who specialized in SRI—Sustainable, Responsible, Impact investing. The reason for this encouraging trend is pretty clear: A new generation of Millennials, women, and college-educated investors are demanding positively impactful investment strategies.”

Other key findings from “The SRI Conference Survey on the Views of Financial Professionals About Impact Investing” include the following:

  • What is the Number 1 factor that surveyed financial advisors say keeps them from getting involved in impact investing?  “Lack of information/familiarity” at 77 percent.
  • Over half (53 percent) of surveyed financial advisors say they offer or have offered SRI/ESG investment strategies to clients.
  • Two out of three surveyed financial advisors agree that, “by definition, what is referred to as ‘SRI’ or ‘ESG’ investing is impact investing since it seeks both change and a return.”
  • 70 percent of the survey respondents have served as a financial advisor for more than 10 years, including 34 percent with 25 or more years of experience.
  • 61 percent have $50 million or more in assets under management, with 41 percent responsible for over $100 million in AUM.
  • 44 percent of the respondents are aged 46-50, with 24 percent aged 45 or less.
  • 79 percent of the respondents are male.

ABOUT THE SRI CONFERENCE

Now in its 26th year, The SRI Conference (http://www.sriconference.com/) will take place November 3–5, 2015 at The Broadmoor Hotel in Colorado Springs, Colorado. Leaders in the philanthropy and foundation worlds are invited to participate in the largest, longest-running annual meeting of responsible investors and investment professionals. Registration is available at https://www.eventsforce.net/fafn/frontend/reg/thome.csp?pageID=971&eventID=5&eventID=5

Conference participation is open to investment professionals, institutional investors, and related organizations and individuals who are working to direct the flow of investment capital in more positive, healthy, transformative ways—toward the creation of a truly sustainable future. The conference experience features an outstanding series of educational sessions and a focused opportunity to network with hundreds of like-minded individuals, organizations, and industry leaders.

ABOUT FIRST AFFIRMATIVE FINANCIAL NETWORK

First Affirmative Financial Network, LLC (http://www.firstaffirmative.com) is an independent Registered Investment Advisor (SEC File #801-56587) offering investment consulting and asset management services through a nationwide network of investment professionals who specialize in serving socially conscious investors. First Affirmative produces The SRI Conference (http://www.SRIconference.com).

Scientists Say Lack Of Wolves On Isle Royale Could Lead To Ecological Calamity

National Park Service urged to immediately restore predator/prey balance

ISLE ROYALE, MI — Forty-seven of the nation’s top conservation scientists are urging the Director of the National Park Service to immediately augment the dwindling gray wolf population in Isle Royale National Park to avoid an explosion of moose numbers that could ironically threaten that species and many others as well.

In a recent letter sent to National Parks Service Director Jon Jarvis, the scientists point out that “wolves play an important role in ecosystems through their predatory activities. Their direct impact on prey numbers and behavior creates a series of indirect effects that reverberate through an ecosystem affecting multiple species, some of which seem too ecologically and taxonomically distant to be affected.” Study after study has shown that when top-down management by carnivores is dismantled, ecosystems can degenerate and even collapse.

As of March 2015, there were only three highly inbred wolves remaining on the 210-square-mile island park in the northern extreme of Lake Superior, while the number of moose was 1,250 and climbing. Without predators, the moose population is expected to continue rising until most of the forest food supply that the species depends upon for survival is gone.This would result in a severe population crash of both moose and other forest-dependent creatures on the island. Boosting the wolf population is expected to add stability to the Isle Royale ecosystem and increase overall biological diversity on the island.

The only way wolves can naturally re-colonize Isle Royale is by traveling across a 20-mile ice bridge when Lake Superior freezes between the island and mainland Minnesota and Ontario, Canada. The warming climate is now reducing the frequency of such ice bridges, decreasing the opportunities for mainland wolves to migrate to the island, thus making that avenue too infrequent to be a viable alternative for rewilding the isolated wolf population.

“Rewilding is simply the process of restoring the natural biological composition of ecosystems,” said wildlife biologist Dave Parsons of The Rewilding Institute. “Allowing rewilding to occur naturally through the protection of habitats and migration pathways is the preferred method, but human disturbances, like those that are contributing to climate change, often preclude that natural option,” he said.

“As the species that caused the problem, we have a moral obligation fix it,” said GregCostello, Executive Director for Wildlands Network. “This is a rare situation when boosting wolf population numbers has no potential conflicts with human activities. The National Park Service has a mission to maintain naturalness in national parks, and in this case should use the most expeditious process to restore wolf predation to the natural ecosystem of Isle Royale,” he added.

Additonal Background and information:

http://www.isleroyalewolf.org

http://www.isleroyalewolf.org/sites/default/files/annual-report-pdf/Annual%20Report%202015-for%20web.pdf

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