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MySocialGoodNews is dedicated to sharing news about
social entrepreneurship, impact investing, philanthropy
and corporate social responsibility.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

CSR

This category includes articles about Corporate Social Responsibility (CSR), typically including donations to or other support for nonprofit organizations.

United Way Celebrates 11 Corporate Champions of Change

Corporations recognized for innovative use of company assets, employee engagement and results in communities worldwide

Alexandria, VA – United Way Worldwide will recognize eleven companies as “Outstanding Strategic Partners,” celebrating their long-term commitment, giving, volunteering, leadership and employee engagement which is making a lasting impact to improve lives and communities.

“United Way and communities around the world wouldn’t be where we are today without the passion and partnership of these corporate leaders and their employees,” said Brian Gallagher, president and CEO, United Way Worldwide. “They are helping us scale impact around the world and create opportunities for a brighter future and a better life for all people.”

2014 winners:

  • 3M (NYSE: MMM) @3MNews – 3M & its employees encourage innovation through science, technology, engineering and math (STEM), by volunteering and supporting students and schools. Globally, 3M supports United Way’s early childhood education effort around the world including Latin America, Europe, Africa and Asia Pacific.
  • Bank of America (NYSE: BAC) @BofA_Community — Bank of America has been a longtime supporter of United Way and its affiliates for decades contributing more than $200 million and engaging employees annually through the company’s United Way Campaign. In 2006, the bank helped launch United Way’s life-changing financial stability work and has contributed $6.5 million towards volunteer income tax assistance and Earned Income Tax Credit education as well as holistic financial programs, which have helped millions of hardworking individuals and families nationwide.
  • Deloitte LLP, @DeloitteUS — Deloitte is a leader in its efforts to help address our nation’s most pressing societal needs, notably through its more than 30-year commitment to United Way. With one of the nation’s largest United Way employee giving campaigns – and alongside its award-winning pro bono program and community engagement initiatives – Deloitte supports its national focus on education and veterans issues through designated United Way collaborative funds.
  • GE (NYSE: GE) @generalelectric — GE’s global vision for education, income and health includes a long-term commitment to and investment in United Way and communities from the company, foundation, employees and retirees. GE also donates 2% of all appliance purchases at the GE Outlet Store to help United Way advance the common good.
  • P&G (NYSE: PG) @proctergamble — P&G touches and improves the lives of millions of children around the world, and made it possible for the entire Latin America region to focus on improving early learning and helping kids get ready for success in school by expanding Born Learning with United Way.
  • Publix Super Markets, @Publix – Publix has made a long-term commitment to kids and Born Learning, United Way’s early childhood education engagement campaign, educating customers with helpful tips on school readiness through multiple channels – in-store experiences, newsletters, shopping bags and more.
  • Target (NYSE: TGT) @Target — Target’s national education partnership with United Way is helping communities collaborate to improve kindergarten readiness and test scores, and long-term, ensure more young people graduate from high school and college.
  • UPS (NYSE: UPS) @UPS — UPS and its employees were the first company to raise $1 billion in contributions to United Way, with focused efforts on education and financial stability. UPS also holds an annual eBay auction, leveraging their sports and entertainment connections to raise funds for United Way. The company has also been an early champion for United Way’s global expansion, ensuring more people and communities would be strengthened for generations to come.
  • Walmart (NYSE: WMT) @WalmartGiving – The Walmart Foundation’s national investment in MyFreeTaxes with United Way is increasing access to free tax preparation and filing services and building awareness about the Earned Income Tax Credit. This critical work has helped millions of individuals and families save over $8 billion since 2009, building financially stronger futures and communities.
  • Wells Fargo (NYSE: WFC) @WellsFargo — Wells Fargo is working with United Way to create a new Financial Capability Network that will strengthen individuals, families and communities across the country. This work is helping people follow a budget and save for the future so they can buy a home, educate children, build a business and achieve their financial goals.
  • AT&T (NYSE: T) @ATT

Winning companies also increased employee engagement through mobile, web, videos and social media and leveraged numerous company assets including product donations and skilled volunteering to create sustainable, positive changes in local communities worldwide in the areas of education, income and health.

About United Way

United Way is a worldwide movement of nearly 1,800 community-based United Ways in 41 countries and territories. It advances the common good by focusing on education, income and health – the building blocks for a good quality life. The United Way movement mobilizes millions to action – to give, advocate and volunteer – to improve conditions in their local community. For more information about United Way, please visit: UnitedWay.org.

Ralph Lauren to Partner with the Royal Marsden – Exclusive Video with Mr. Lauren

Ralph Lauren has been committed to the fight against breast cancer for more than 20 years.

The Royal Marsden, the largest and most comprehensive cancer centre in Europe, and the Ralph Lauren Corporation are proud to announce a new partnership to fund a state-of-the art breast cancer research facility in Chelsea, London.

In the late 1980s, Ralph Lauren was diagnosed with a benign brain tumour. Shortly after the removal of the tumour, he was moved to take action when his close friend Nina Hyde shared her breast cancer diagnosis with him.

Long recognised for his early leadership in the fight against breast cancer, Ralph Lauren, made a personal and corporate commitment to finding a cure for this disease.

As a tribute to his friendship with Nina Hyde, The Washington Post’s fashion editor for 18 years, Ralph Lauren co-founded the Nina Hyde Center for Breast Cancer Research at Georgetown University in 1989. “Breast Cancer is not just a women’s issue,” says Lauren. “It affects all of us – the husbands, fathers, brothers, children and friends of the women dealing with this dreaded disease.”

The Polo Ralph Lauren Foundation was created for the purpose of providing support for philanthropic programs including education, healthcare in medically under-served communities, the arts and community based initiatives. His family and company have supported historic preservation activities and numerous cancer research initiatives, including the Pink Pony campaign for breast cancer. In addition, Lauren founded the Ralph Lauren Center for Cancer Care and Prevention in 2001 in Harlem, New York.

In a rare personal insight, Ralph Lauren features in a new video showcasing his drive to support cancer and delves into his own experience with the illness.

JPMorgan Chase Publishes 2013 Corporate Responsibility Report

NEW YORK, MAY 12, 2014 – JPMorgan Chase (NYSE: JPM) today released its 2013 Corporate Responsibility Report. The report highlights the many ways the firm leveraged its resources and capabilities to help address big societal challenges: growing economies and tackling unemployment, revitalizing communities, harnessing the power of markets for social progress and promoting a sustainable economy.

This year’s report features conversations among some of the firm’s key partners, stakeholders and executives in which they discuss their perspectives on these challenges and how the private, public and nonprofit sectors can work together to create opportunities for more people, preserve our natural environment and foster the fundamental conditions for widely-shared prosperity.

“At JPMorgan Chase, we believe we have a responsibility to be part of the solution to the world’s most pressing problems, not only because it’s the right thing to do but because our own long-term success depends on the success of our communities and the people, companies and institutions we serve,” said Jamie Dimon, Chairman and CEO at JPMorgan Chase. “In 2013, we used our size, scale and expertise to make a difference and to be a real, positive contributor to society, and we will continue to do so.”

An exclusive dialogue between Dimon and Walter Isaacson, President and CEO of the Aspen Institute, is featured in the report. They address issues ranging from how society can increase access to economic opportunity to how JPMorgan Chase is rebuilding confidence in the company and capital markets.

“Ongoing challenges have presented opportunities for JPMorgan Chase to work with great partners in the public, private and nonprofit sectors to find solutions that create greater opportunities for more people,” said Peter Scher, Executive Vice President and Head of Corporate Responsibility at JPMorgan Chase. “While there is more work to be done, we are proud to have rolled up our sleeves to break down the traditional barriers among the three sectors and developed and supported initiatives that will build stronger communities around the world – from the largest countries to the smallest towns.”

In 2013, JPMorgan Chase continued to drive economic growth in our communities. The firm:

  • Launched New Skills at Work, a $250 million, five-year workforce development initiative aimed at helping close the skills gap around the world. New Skills at Work research and programming is focusing on major U.S. and European urban areas, with an initial focus on Chicago, Columbus, Dallas, Detroit, Houston, Los Angeles, Miami, New York, the San Francisco Bay Area and London.
  • Created the Global Cities Exchange, a program to help U.S. and international cities develop and implement regional strategies to boost their global trade and investment. The Exchange is part of the Global Cities Initiative, a joint project with the Brookings Institution launched in 2012 aimed at helping metropolitan leaders strengthen their regional economy.
  • Provided $19 billion in new credit to American small businesses and, for the fourth fiscal year in a row, was named the #1 U.S. Small Business Administration lender by units.

The firm also developed and funded innovative investment vehicles that leverage market mechanisms to create social, environmental and financial value. Last year, JPMorgan Chase:

  • Along with the Bill and Melinda Gates Foundation, developed the Global Health Investment Fund, a $108 million innovative social impact fund, and invested an additional $9 million in best-in-class funds addressing the needs of low-income populations around the world. 
  • Worked with a group of peer investment banks to develop the Green Bond Principles, a set of voluntary guidelines designed to promote integrity and transparency in the growing market for Green Bonds, which are issued to finance environmentally-beneficial projects. 
  • Collaborated with The Nature Conservancy to establish NatureVest, a new initiative of The Conservancy that aims to create a platform to advance investment in conservation.

JPMorgan Chase continued its commitment to U.S. veterans and military service members, hiring more than 6,300 veterans from 2011 to 2013 and continued its leadership of the 100,000 Jobs Mission, a coalition of employers that collectively hired 117,439 U.S. veterans by the end of 2013, prompting it to double its hiring goal to 200,000 veterans by 2020.

Other highlights include how JPMorgan Chase:

  • Provided $2.7 billion in community development loans and investments to build or preserve 45,000 units of affordable housing, create 1,100 new jobs, enable 784,000 patient visits and serve 4,400 students in low- and moderate-income communities in the U.S.;
  • Launched CDFI Collaboratives, an innovative new program that is catalyzing investment in low- and moderate-income communities with $33 million in grants to community development financial institutions nationwide;
  • Provided nearly $7 million in grants to leading nonprofits to promote the financial capability of consumers in cities across the U.S.; and
  • Donated $210 million to nonprofits in 39 countries and contributed 540,000 hours of employee volunteer service globally.

For more information about corporate responsibility at JPMorgan Chase, or to read the report, please visit www.jpmorganchase.com/corporateresponsibility. The report includes more detailed information about our Corporate Responsibility efforts, including our sustainability efforts, stakeholder and public policy engagement, and how we support our people.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Gamma Iota Sigma’s Inaugural Week of Service a Widespread Success

YARDLEY, PA, April 15, 2014 – Gamma Iota Sigma, the international risk management, insurance and actuarial science collegiate fraternity, held its first-ever Week of Service in February 2014 to promote community involvement among the next generation of insurance professionals. Originally planned for February 1-8 but extended through February 15, the inaugural Week of Service was a resounding success, with over 33% of chapters reporting back on their activities. Gamma Iota Sigma chapters and their student members carried out an impressive array of events, fundraisers and other activities throughout North America to benefit their local communities, resulting in a collective effort that paints a powerful picture of the industry’s dedication, impact, and legacy.

The Week of Service was planned and executed in concert by the Grand Chapter, the 2013-14 co-International Student Representatives Alyssa Bouchard of Rho Chapter at Appalachian State University and Mike Kelly of Lambda Chapter at the University of South Carolina, and the active participation of Chapter Presidents. Students were charged with a goal of completing a service project that was relevant to their local community and feasible for the chapter. Projects ranged from working in child care centers, food pantries, homeless shelters and nursing homes to canned food drives and outdoor clean-ups. The positive energy and sense of team and community that resulted from the Week of Service leave little doubt that this will become an annual event, which also presented chapters an opportunity to engage with local industry professionals.

ABOUT GAMMA IOTA SIGMA

Incorporated in 1965, Gamma Iota Sigma pursues a mission to promote, encourage, and sustain student interest in insurance, risk management, and actuarial science as professions; to encourage the high moral and scholastic attainments of its members; and to facilitate interaction of educational institutions and industry through networking and by fostering research activities, scholarship, and improved public relations. Gamma Iota Sigma has a growing network of 60 chartered chapters at colleges and universities throughout North America, over 20,000 alumni, and more than 2,100 student members each year who are among the best and brightest entering the industry. GIS members’ rigorous academic and career preparation is evidenced by chapter leadership roles, relevant work and internship experience, and the pursuit of industry designations. In partnership with corporate supporters, professional associations and trade organizations, Gamma Iota Sigma provides its student members with the tools to pursue and succeed in a lucrative career. For more information, please visit www.GammaIotaSigma.org or call (484) 991-4471.

Visa Inc. to Receive Corporate Hero Award at PenFed Foundation’s 10th Annual Night of Heroes Gala

Company to be honored for its work helping veterans

May 9, 2014, WASHINGTONThe Pentagon Federal Credit Union Foundation (PenFed Foundation) announced today that Visa Inc. will receive the Corporate Hero Award at this year’s 10th Annual Night of Heroes Gala, “Welcome Home: Supporting Warriors in Transition.” The event, which will be held on Wednesday, May 14 at the National Building Museum in Washington, D.C., will honor those who have demonstrated leadership in providing support and services to our returning military, veterans, and their families.

“This year’s guests have worked tirelessly to help support our men and women in uniform,” said Jane Whitfield, president and chief executive officer of the PenFed Foundation. “We are proud to have them join us for one night to honor their work and the service of our nation’s military.”

Since 1995, Visa has been working to help consumers and students of all ages, especially members of the military community, learn the building blocks of personal finance. It has partnered with educators, leading consumer advocates, and financial institutions across the nation to develop its Practical Money Skills program, an online resource focused on providing financial literacy education.

Notable guests attending this year’s gala include Secretary of the Air Force Deborah Lee James; retired U.S. Navy Vice Admiral Norbert R. Ryan, Jr., president and CEO of the Military Officers Association of America; and Joyce Wessel Raezer, executive director of the National Military Family Association, and Mary Scott, chair of the association’s board of governors.

(Ret.) Gen. Daniel W. Christman, senior vice president for international affairs at the U.S. Chamber of Commerce, will present the Corporate Hero Award and Lee Woodruff, author and founder of the Bob Woodruff Foundation, will serve as the emcee. Deidra Lee Stubbs of the American Military Spouses Choir and the Virginia Grand Military Band will provide the evening’s entertainment.

“Visa is honored to be the recipient of the Corporate Hero Award,” said Robert B. Thomson, vice president of U.S. government relations for Visa Inc. “We thank the PenFed Foundation for all of its impactful work in providing support and services to our returning military, veterans and their families and we look forward to continuing our partnership in providing financial literacy programs together.”

The Night of Heroes Gala, a black tie or military dress occasion, will begin at 6 p.m. at the National Building Museum in Washington, D.C., on Wednesday, May 14, with a reception and live auction followed by dinner and the program. The location of this year’s gala is especially significant because the National Building Museum is located in a historic structure built in the 1880s for a government agency helping Civil War veterans.

“The gala is always a special evening, but this year’s event promises to be one of the most exciting in the 10 years we’ve held it,” added Whitfield. “Thanks to our supporters we are planning an extraordinary night for our guests to remember as we honor those that have gone above and beyond to support our men and women in uniform, even long after they’ve returned.”

Sponsors of this year’s gala include event underwriter PSCU; corporate circle of honor sponsors APi Group Inc., The Niner Foundation, TrueCar, Inc., and UnitedHealthcare Military & Veterans; and legendary hero sponsors Alliant Techsystems, Inc. and Allied Solutions.

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How Communication May Have Changed the Outcome of Humanitarian Efforts in Afghanistan

9-Year Aid Worker Offers Grassroots Perspective

By: Mary Ann Callahan

Several recent reports on the U.S. mission in Afghanistan, which cost thousands of lives and billions of dollars, cite corruption and lack of proper management as primary reasons it did not achieve our goals.

The findings are stark and, unfortunately, accurate, but they overlook — or omit — another serious problem: The United States did not consistently communicate with Afghan citizens in ways they could understand regarding the reasons foreigners were once more in the country.

We did not convince the Afghan people that we were there to help, and that cost us Afghans’ hearts and minds and, with them, total success.

Many would argue that the explanation for the presence of the US and its allies was clear. The whole world knew about the tragic attacks on US targets on Sept. 11, 2001. The perpetrators were tracked back to Afghanistan, where they were afforded protection by the Taliban regime, which had taken over all but a small part of Afghanistan and imposed its cruel interpretation of governance over a helpless populace.

Everyone knew that — except the helpless populace. Left in almost virtual darkness regarding world events because of war and lack of development, many Afghans had to try to figure out what was going on by themselves. With nothing but three decades of conflict against a backdrop of centuries of the same, the only logical conclusion was that these new invaders were there for the same reasons the old ones had come. They had again been conquered.

However, that was not their immediate response to the presence of Westerners. In the beginning of the U.S. mission, many Afghans welcomed us as a liberator, a champion who would help those who were unable to help themselves throw off centuries of quiet desperation. The trouble was, no one took the time to outline for them what their new world might look like. No one told them why they needed electricity and roads, and why it was important to begin to look at some things in their culture, such as the role of women, differently.

At first, the needs seemed so glaring, the international teams forged forward with the forceful righteousness of a good cause. It was only when the myriad obstacles to progress inherent in a place like Afghanistan began to surface that the population began to resist. They were told that electricity would come quickly and make life brighter, and that roads into their villages would boost commerce.

When the electricity did not come quickly because there was no infrastructure, they became suspicious. When the roads that were being built into their rural dominions were rumored to be for invaders’ tanks, many physically fought to stop those efforts.

Soon rumor and misinformation about the outsiders and their mission began to grow. When it was also reported that these foreigners were making salaries that made the heads of most Afghan spin, their natural distrust seemed to have found a core tenet upon which to rest. Add to this the fact that most of the few foreigners the Afghan people actually did encounter seemed busy with Western methods of business, overseen by a bureaucracy that was unfamiliar to an ancient and less ordered society, and the mistrust could only grow.

The conclusion by many Afghans was inevitable. The United States was there to meet the needs of the United States — not to help Afghanistan.

Sadly, a great deal of the mistrust and some of the corruption could have been avoided if we had taken the time to talk to the Afghans in ways that were meaningful to them. Explaining basic concepts using a campaign that incorporated a variety of communication methods might have changed the outcome.

Afghans might have supported our efforts if they had understood them. Then, all we would have had to deal with was our own inefficacies.

About Mary Ann Callahan

Mary Ann Callahan (http://callahans-pen.com/) worked in Afghanistan from 2003 to 2012 in a variety of capacities, most involving communications. She developed and implemented an independent journalism program that trained Afghans to accurately report on international development efforts in their country, and received recognition from both the U.S. and Afghan governments for her work. She is the author of three books based on her experiences. “Clouded Hopes” is the second in a series that also includes “Clear Differences: Short Stories from Afghanistan.” Her children’s book, “Little Heroes,” is about two cats growing up in Kabul and Paris and helps to acquaint young readers with the disparities of our world.

Air Force Secretary Deborah Lee James to Receive American Hero Award at PenFed Foundation’s 10th Annual Gala

Newly appointed military head to be recognized for work with veterans at May gala 

May 8, 2014, WASHINGTONThe Pentagon Federal Credit Union Foundation (PenFed Foundation) announced today that Air Force Secretary Deborah Lee James will receive the American Hero Award at its 10th Annual Night of Heroes Gala, “Welcome Home: Supporting Warriors in Transition.” The event, which will be held on Wednesday, May 14, at the National Building Museum in Washington, D.C., will honor those who have demonstrated leadership in providing support and services to our returning military, veterans, and their families.

“Throughout her career, Secretary James has worked to ensure that America’s obligation to our service members doesn’t end when they put away their uniforms,” said Jane Whitfield, president and chief executive officer of the PenFed Foundation. “We are proud to recognize her commitment to this vital issue as part of this year’s gala.”

In her new role as Secretary of the Air Force, she is responsible for overseeing more than 690,000 active-duty, Guard, Reserve, and civilian airmen along with their families. She has three decades of experience in homeland and national security, having worked in both the federal government and private sector. Prior to joining the Air Force, Secretary James served as president of Science Applications International Corporation’s Technical and Engineering Sector. She also served in the Pentagon as the Assistant Secretary of Defense for Reserve Affairs in the Clinton Administration from 1993 to 1998.

From 2010 until taking her new position with the Air Force, Secretary James was chair of the national advisory council for the PenFed Foundation, where she was instrumental in helping build and expand its key programs benefiting the military community.

“In my opinion, when you’re leading any organization, it’s always all about people — and there’s no group of people who have worked harder or sacrificed more for our nation than our veterans,” said Secretary James. “It’s such an honor to receive this award from the PenFed Foundation, which has been serving our wounded warriors for more than 10 years now, increasing financial literacy for our troops and helping make the American dream of home ownership come true for so many of them.”

Gen. (Ret.) Norton Schwartz, former Chief of Staff for the Air Force and current CEO of Business Executives for National Security, will present the award to Secretary James. Lee Woodruff, author and founder of the Lee Woodruff Foundation, will serve as the emcee, and Deidra Lee Stubbs of the American Military Spouses Choir and the Virginia Grand Military Band will provide the evening’s entertainment.

The Night of Heroes Gala, a black tie or military dress occasion, will begin at 6 p.m. at the National Building Museum in Washington, D.C., on Wednesday, May 14, with a reception and live auction followed by dinner and the program. The location of this year’s gala is especially significant because the National Building Museum is located in a historic structure built in the 1880s for a government agency helping Civil War veterans.

“The gala is always a special evening, but this year’s event promises to be one of the most exciting in the 10 years we’ve held it,” added Whitfield. “Thanks to our supporters we are planning an extraordinary night for our guests to remember as we honor those that have gone above and beyond to support our men and women in uniform, even long after they’ve returned.”

Sponsors of this year’s gala include event underwriter PSCU; corporate circle of honor sponsors APi Group Inc., The Niner Foundation, TrueCar, Inc., and UnitedHealthcare Military & Veterans; and legendary hero sponsors Alliant Techsystems, Inc. and Allied Solutions.

Town & Country Hosts Inaugural Philanthropy Summit May 28 – Michael R. Bloomberg, Chelsea Clinton, Trudie Styler, Donna Karan, Hunter Biden, And More Join Town & Country Editor In Chief Jay Fielden For A Day Of Groundbreaking Discussion On The Subject Of Giving

Summit Kicks Off on May 27 with Julia Louis-Dreyfus and the Premiere of ‘Generosity of Eye’, The Story of William Louis-Dreyfus’ Art Collection and the Plan to Support the Harlem Children’s Zone

NEW YORK, May 6, 2014Town & Country will present the magazine’s first-ever Philanthropy Summit at Hearst Tower in New York City on May 28. The Summit gathers the country’s most passionate philanthropists and visionary leaders of charitable organizations, including Michael R. Bloomberg, Chelsea Clinton, Hunter Biden, Trudie Styler, Donna Karan, Lauren Bush Lauren and Geoffrey Canada, for a day of thought-provoking discussions on topics including Education, World Hunger, Philanthropy & Technology, Global Responsibility and Medical Research.

The Summit kicks off on the evening of May 27 with a screening of the documentary Generosity of Eye at Lincoln Center’s Walter Reade Theater. Directed by Brad Hall, the film is the very personal tale of actress Julia Louis-Dreyfus discovering how her father’s passions for art, justice and education collide in a single act of generosity that will benefit Geoffrey Canada’s Harlem Children’s Zone. Generosity of Eye is produced by Hall, Louis-Dreyfus and Julie R. Snyder.

On May 28, some of the brightest lights in charitable giving will convene at the Hearst Tower for a series of dynamic panel discussions and workshops. Lunch will be prepared by Bill Telepan, chef/restauranteur and executive chef of Wellness in the Schools, a non-profit organization dedicated to making school food healthier. Following the meal, Jay Fielden will lead a conversation with Chelsea Clinton, focusing on her role as vice chair of the Clinton Family Foundation.

“Philanthropy is an essential part of our readers’ lives, and a topic that Town & Country has chronicled for more than a century,” Fielden said. “We share stories of individuals and organizations who are redefining what it means to be generous. The innovative leaders who are joining us for the Summit are changing lives as well as the landscape of modern giving.”

“Corporate responsibility and philanthropy are increasingly vital platforms for so many luxury marketers, and consumers are more in-tune with brands’ charitable efforts than ever before,” said Jennifer Levene Bruno, publisher/chief revenue officer of Town & Country. “We are honored to provide a forum to explore these ideas with such an influential group, who together truly are the future of philanthropy.”

The Philanthropy Summit is sponsored by Fidelity Charitable, Cadillac, Harry Winston, and Loews Regency Hotel. Participants include:

  • Trudie Styler, co-founder of the Rainforest Fund, a nonprofit foundation in its 25th year that has funded projects and programs supporting indigenous peoples and traditional populations of the world’s rainforests in their efforts to protect their environments and fulfill their human rights;
  • Hunter Biden for the World Food Program USA, the world’s largest humanitarian agency fighting hunger;
  • Donna Karan, designer and founder of the Urban Zen Foundation, which works to raise awareness and inspire change through the integration of Eastern modalities and Western practices in healthcare and education, as well as the preservation of artisan cultures throughout the world;
  • Geoffrey Canada, president and CEO of Harlem Children’s Zone, a nonprofit organization providing free support in the form of parenting workshops, pre-school programs, three public charter schools and child-oriented health programs for thousands of poverty-stricken children and families living in Harlem to eradicate the cycle of generational poverty;
  • John Kluge, Jr., founder of Toilet Hackers, a nonprofit dedicated to providing access to dignified sanitation worldwide;
  • Jacob Lief, co-founder and CEO of Ubuntu Education Fund, a grassroots, nonprofit organization that provides comprehensive household stability, health and education services to vulnerable children living in the townships of Port Elizabeth, South Africa, helping them break cycles of poverty and disenfranchisement;
  • Grace Garey, co-founder of WATSI, a crowdfunding platform for healthcare that provides a convenient way for individuals to donate directly to those in need of medical attention in developing countries;
  • Eric Dawson, co-founder and president of Peace First, a national nonprofit that exists to create the next generation of peacemakers by teaching young people the skills of peacemaking; empowering educators and parents to teach and model these skills and values; and creating social messages that raise expectations for young people to demonstrate compassion and empathy; and
  • Dr. Steven T. Rosen, Provost and Chief Scientific Officer City of Hope a leading research and treatment center for cancer, diabetes and other life-threatening diseases.

For full programming details and speaker biographies please visit Philanthropy.townandcountrymag.com. The site will also serve as a resource for individuals to make charitable donations to the organizations participating in the Summit.

About Town & Country

Town & Country (www.townandcountrymag.com) has chronicled American life since 1846, always putting an emphasis on people of style and accomplishment who give something back to the world, whether in service, philanthropy or creative endeavor. It is edited with a feeling for storytelling, combining the highest level of reporting with the very best photography. Town & Country is an acute observer of the broader social landscape, documenting notable weddings and parties, chronicling the pastimes and passions of leading figures and families everywhere, and casting an anthropological eye on the lives of the rich and powerful. The magazine is an irreplaceable guide to the very best that the world has to offer – a trusted source of privileged information, taste, and unpretentious fun. Town & Country Weddings, established in 2003, is published twice a year. Town & Country is published by Hearst Magazines, a unit of Hearst Corporation, one of the nation’s largest diversified media and information companies. With 20 titles in the U.S., Hearst is the leading publisher of monthly magazines in terms of total paid circulation (AAM 2H 2013) and reaches 82 million adults (Fall 2013 MRI gfk). Follow Town & Country on Twitter at @TandCMag.

Six Lessons from Starbucks and OFN Job Creation Initiative Suggest Rules for Replicating Successful CSR Model

Success Rests on Strong Leadership, Good Branding, Financing Expertise, and Crowdfunding

PHILADELPHIA, May 7, 2014 — Opportunity Finance Network (OFN) today released “Six Lessons Learned from Create Jobs for USA,” a long-awaited report on the corporate social responsibility model pioneered with Starbucks.

The report details how Create Jobs for USA—a successful collaboration between Starbucks, OFN, and other leading companies—drew on strong corporate leadership, broad consumer support, powerful branding, and the financing expertise of community development financial institutions (CDFIs).

“A unique set of players—corporations, individuals, CDFIs, and community businesses—came together around their shared belief in small businesses and jobs to make a difference,” said Mark Pinsky, President and CEO of OFN, which administered Create Jobs for USA. Over three years, Create Jobs for USA supported more than $100 million in financing that resulted in at least 5,000 jobs. “This was possible because Starbucks embraced Create Jobs for USA as a company-wide effort.”

Howard Schultz, Starbucks chairman, president and chief executive officer, said, “Amidst the economic uncertainty facing so many of our communities, as business leaders we must ask ourselves ‘what is the role today of a for-profit, public company?’ In November 2011—at the height of our country’s great recession—we partnered with OFN and other like-minded corporations to create an innovative solution that enabled Americans to help thousands of their fellow citizens get back to work.”

Starbucks and OFN launched Create Jobs for USA in 2011 in the face of a 9 percent national unemployment rate. Create Jobs for USA was an unprecedented model for corporations and citizens to join together to fund loans to community businesses that faced challenges getting credit. It raised more than $15 million, which, in turn, leveraged an average of $7 for each dollar donated.

Among the report’s findings:

  • Visionary corporate leadership can translate into remarkable success for nonprofit initiatives.
  • Effective corporate responsibility can create significant public visibility.
  • Measurable performance and impact are crucial.

“This model is replicable for solutions to other economic problems,” Pinsky said. “CDFIs offer a powerful solution, especially when coupled with corporate and individual partners, to create opportunities for all.”

View a summary of the report.

High School Grad-Entrepreneurs Gain Scholarship Bucks for Business Careers

This is a guest post from Dan Danner, the president and CEO of the National Federation of Independent Business.

Diplomas earned, millions of high school graduates each year quickly shed their caps and gowns, eager to join their friends for road trips and beach vacations. But for 100 seniors who achieved 2014 National Federation of Independent Business Young Entrepreneur Foundation educational scholarships, it’s time to get back to business.

Since 2003, the foundation has awarded scholarships to more than 2,500 graduating high school seniors totaling more than $2.5 million. Financial support for the program is provided by small-business leaders, corporate and foundation supporters. This year’s YEF class of entrepreneurs walked away with $145,000 in prizes, ranging from $1,000 to $15,000 each.

To some graduates, it’s probably more fun to splash in the sea with friends for a few days. But the YEF awardees have already got a jump start on future careers as small-business owners.

To qualify for the awards, which must be used to help fund their attendance at universities, colleges, community colleges or career institutes of their choice, students must be in their final year of high school but are also required to own or operate their own small businesses.

At the beginning of April, the top five 2014 winners were each awarded a $5,000 scholarship. On July 16, two of these five students will each be awarded an additional $10,000 scholarship to apply to their college tuition. At a ceremony in Washington, D.C., one student will be dubbed the “2014 Young Entrepreneur of the Year” and the other will earn the “2014 Dan Danner Leadership Award.” Both awards acknowledge the dedication and successes that these students have achieved as entrepreneurs and budding small-business owners.

Among those five are the creators of small firms including a book publisher specializing in domain literature; an agricultural-business owner who produces corn, soybeans and cattle; an event and party rental entrepreneur; an online jeweler; and a photography studio operator.

Another way the foundation encourages the entrepreneurial spirit is by recognizing that many of today’s job-creators began their free enterprise journey as kids operating ventures such as traditional lemonade stands on neighborhood corners. To celebrate these efforts, the YEF urges current small-business owners annually to pledge online to purchase a glass of lemonade from a young entrepreneur and invest in the future of small enterprise.

In taking the “lemonade pledge”, they support young people in their communities who show the initiative to learn about entrepreneurship, teach kids life skills through entrepreneurial education, and foster the idea of free enterprise among the nation’s youth to consider careers in small business and entrepreneurship.

Through these efforts, YEF and NFIB are committed to educating young people about the critical role of small business and the American free enterprise system, ensuring that small business will always have a voice.

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