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

Nonprofit crowdfunding course

Devin D. Thorpe

Devin Thorpe

General

This category includes articles that apply to social good in general and may include policy, practice and other stories relevant to everyone.

United Way Worldwide To Accept Bitcoin Donations via Coinbase Platform

Innovative partnership with Coinbase keeps pace with evolving donor landscape

ALEXANDRIA, VA. – September 15, 2014 – United Way Worldwide and Coinbase, a leading bitcoin wallet and platform, have announced a partnership in which donors around the world can contribute to United Way’s Innovation Fund using the bitcoin currency.

The Innovation Fund is transforming United Way and the social sector through technology, relationships, and efficiency.Through the Coinbase platform, which is currently used by over 1.6 million consumers, 36,000 merchants, and 6,000 developers worldwide, United Way Worldwide will accept donations to the Innovation Fund directly from a donor’s digital wallet via desktop or a smartphone without any transaction fees.

“United Way Worldwide embraces the opportunity to make it easier for donors to support the causes that matter most to them, and this means innovating to evolve with the donor landscape,” said Brian A. Gallagher, president and CEO of United Way Worldwide. “Achieving United Way’s vision for the world – where all individuals and families achieve their human potential – requires innovation powered by new technology and outreach methods. In that spirit, integrating bitcoin donations with the United Way Worldwide Innovation Fund helps us achieve this crucial goal. In addition, as the world’s largest privately-funded nonprofit, United Way seeks to lead the way for others by taking bold steps to grow our organization, and we are delighted to do so again today.”

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“United Way Worldwide recognizes Bitcoin as an emerging technology that is impacting charitable giving by reducing the costs associated with receiving online payments,” said Brian Armstrong, Co-founder and CEO of Coinbase. “We are pleased to partner with United Way Worldwide and help donors around the world contribute to the organization’s impactful initiatives.”

In communities around the world, United Way Worldwide works to ensure that every child has a quality education, every family has a stable income, and people enjoy good health. United Ways’ impact in communities creates real change that goes beyond charity. Donations to the Innovation Fund can be made online by visiting www.unitedway.org/bitcoin.

About United Way Worldwide

With more than 2.8 million volunteers and 9.7 million donors worldwide, and more than $5 billion raised every year, United Way is the world’s largest privately-funded nonprofit. It is working in nearly 1,800 communities across 41 countries and territories to create community solutions that improve life for everyone. Across the world, United Way partners include global, national and local businesses, nonprofits, civic and faith organizations, as well as educators, labor, health organizations, government and more.

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The G8’s Social Impact Investment Taskforce Issues Recommendations to Spur Billions of Dollars in Impact Investment Worldwide

US National Advisory Board’s Policy Recommendations Are Incorporated to Spur Investment in the United States

WASHINGTON, DC (September 15, 2014) – The Social Impact Investment Taskforce, created by the governments of the G8 in June 2013 to catalyze a global market for impact investing, released a global report today outlining its recommendations to unleash billions of dollars of private sector investment to address social problems. The report, The Invisible Heart of Markets: How Impact Investing is Harnessing Innovation and Capital for Public Good, represents the most comprehensive initiative to date to define what is needed from all stakeholders in the effort to advance the tremendous potential of impact investment to improve society and the environment.

“This is not about increasing or reducing public expenditure, but helping government to benefit from innovation and private sector capital in order to achieve more impact with the money it has. In driving the achievement of impact, social impact investment harnesses the forces of entrepreneurship and capital and the power of markets to do good. It brings the invisible heart of markets to guide their invisible hand,” said Sir Ronald Cohen, Chairman of the Taskforce.

In June, the US National Advisory Board (NAB) on Impact Investing released its report of policy recommendations to mainstream impact investing within the United States. The report, Private Capital, Public Good: How Smart Federal Policy Can Galvanize Impact Investing — and Why It’s Urgent, was incorporated into the work of the global taskforce.

“We look forward to working together to support the promise of impact investing worldwide. This report represents a joint effort of many stakeholders, including government, business, the social sector and foundations, institutional and private investors, and most importantly impact entrepreneurs, to develop a comprehensive set of recommendations that are critical to the success of impact investing on a global scale,” said Matt Bannick, member of the Taskforce and co-chair of the US NAB.

The global effort was initiated at the June 2013 G8 meetings in London to explore how impact investing can accelerate economic growth and solve the world’s most pressing social challenges. At that time the Social Impact Investment Taskforce (Taskforce) was created and charged with recommending policies to accelerate impact investing, establish a common global approach for measuring social outcomes, and encourage greater engagement across foundations, institutions and private investors with input from the G8 countries.

The report lays out eight high-level recommendations devised by government and private sector experts from across the G7, EU and Australia to increase impact investment worldwide:

  1. Set measurable impact objectives and track their achievement.
  2. Investors to consider three dimensions: risk, return and impact.
  3. Clarify fiduciary responsibilities of trustees: to allow trustees to consider social as well as financial return on their investments.
  4. Pay-for-success commissioning: governments should consider streamlining pay-for-success arrangements such as social impact bonds and adapting national ecosystems to support impact investment.
  5. Consider setting up an impact investment wholesaler funded with unclaimed assets to drive development of the impact investment sector.
  6. Boost social sector organizational capacity: governments and foundations to consider establishing capacity-building grants programs.
  7. Give Profit-with-Purpose businesses the ability to lock-in mission: governments to provide appropriate legal forms or provisions for entrepreneurs and investors who wish to secure social mission into the future.
  8. Support impact investment’s role in international development: governments to consider providing their development finance institutions with flexibility to increase impact investment efforts. Explore creation of an Impact Finance Facility to help attract early-stage capital, and a DIB Social Outcomes Fund to pay for successful development impact bonds.

The full report may be viewed at www.socialimpactinvestment.org

US National Advisory Board on Impact Investing

The US National Advisory Board on Impact Investing was formed to coordinate with and advise the global effort while actively reaching out to key stakeholders and communities to get feedback, ideas and input about what policy changes are necessary to drive social impact investing in the United States.

Private Capital, Public Good Recommendations:

The US NAB’s report, issued in June and incorporated into the Taskforce report, offers policy recommendations on opportunities in the short-term, as well as supporting policy ideas that would encourage the impact investing market over the long-term. The recommendations are focused on executive and legislative strategies for updating existing regulations and laws to make it easier for social impact investors to work with government agencies. Although the policies are focused on opportunities at the federal level, the report does intentionally include both examples and opportunities at the state and local level. Most recommendations are budget neutral and sometimes even result in cost-savings. They include:

  • Remove regulatory barriers to unlock private impact investment. Innovative impact-oriented businesses are in need of investment, and unnecessary regulatory barriers stand in the way—leaving much private capital on the sidelines.
  • Increase the effectiveness of government programs. Government agencies frequently lack the flexibility and range of tools needed to achieve social and environmental goals.
  • Provide incentives for new private impact investment. Some markets need a push to get off the ground. By putting the first dollar on the table, government can attract private investment to support important social and environmental goals. More federal agencies should have the authority to replicate successful impact investing programs such as the Community Development Finance Institution (CDFI) Fund, which marshals $20 of private capital for every $1 of federal funds invested.
  • Support innovative impact enterprises. Every entrepreneur needs support to get off the ground. Congress, the White House, and government agencies command powerful public platforms for spreading the word about the benefits of impact investing. They can support the development of field-building organizations.
  • Standardize metrics and improve data access. Measuring the impact is critical to the development of the impact investment field. The government can support and accelerate private sector standards while promoting open access to data.

The report can be viewed at www.NABimpactinvesting.org.

About the Social Impact Investment Taskforce

The Social Impact Investment Taskforce is an independent taskforce launched in 2013 under the UK’s Presidency of the G8. Over the last fourteen months, it has brought together government and sector experts from the G7 countries, the European Commission and Australia to fulfill its mandate to report on “catalyzing a global market in impact investment.” http://www.socialimpactinvestment.org

About the NAB

The US National Advisory Board (NAB) to the Social Impact Investment Taskforce aims to catalyze the development of the global social impact investment market. It was established following the June 2013 G8 Social Impact Investment Forum in London. The NAB was formed to focus on the US domestic policy agenda. The NAB is comprised of 27 thought leaders, including private investors, entrepreneurs, foundations, academics, impact-oriented organizations, nonprofits, and intermediaries. http://www.nabimpactinvesting.org

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GLG Celebrates 2014 Social Impact Fellows

World’s Largest Membership for Professional Learning and Expertise Convenes Social Sector Leaders at Innovative New Global Headquarters Designed by Clive Wilkinson

New York, New York; September 15, 2014 — GLG, the world’s largest membership for professional learning and expertise, on Monday celebrated its inaugural class of Social Impact Fellows at its new global headquarters in Manhattan. The GLG Social Impact Fellowship gives twelve promising nonprofit leaders access to one-to-one learning from GLG’s 400,000 teaching members, without cost. These creative problem-solvers are among the most promising and gifted social sector leaders. The Fellowship allows them to move beyond the advice and mentorship typically provided by board members and donors.

GLG convened the Fellows in New York today to learn from each other and from GLG’s community of top professionals. The two-day summit and its Monday evening reception represent GLG’s first major gatherings in its new global headquarters, designed by award-winning architect Clive Wilkinson, which opened for business midsummer. GLG’s office is the first of its scale in the United States to embrace activity-based working, an innovative concept that eschews assigned personal workspaces for a more flexible and productive approach to work life.

“Our mission is to transform the way the world’s top professionals share expertise, learn, and make decisions. This vital one-to-one learning has been available to top professionals across the private sector, and now we’re making it available to the best and brightest innovators in the social sector, where the need for learning is particularly acute, and the opportunity for innovation especially rich,” said GLG President and CEO Alexander Saint-Amand. “And we couldn’t be prouder to start this new chapter in our new headquarters with these promising leaders.”

Jen Field, Director of Social Impact at GLG, explained, “The 2014 GLG Social Impact Fellows were chosen from a diverse group of leading early-stage and growing nonprofits and social enterprises invited to apply and interview. The competitive selection process, which occurs annually, was based on organizations’ missions and models and on applicants’ articulation of how GLG’s resources would help them increase efficacy and scale at key moments in their organizational growth.”

The Fellows have joined GLG’s community of leading investors, entrepreneurs, corporations, and consulting firms, who learn every day from academics, current and former C-suite executives, scientists, policy specialists, former public sector leaders, and other professional leaders. Fellows and their teams work collaboratively with GLG research teams to leverage the breadth and depth of the GLG network to inform their strategic decisions and increase their impact. GLG’s total in-kind donation to the Fellows and their organizations is estimated at $1.5 million.

The Fellows and their organizations tackle a range of social challenges around the world – from community health and entrepreneurship to extreme poverty in Africa and disaster response in the U.S. They are:

  • Rachael Chong, founder & CEO, Catchafire; New York, New York (U.S. skills-based volunteering)
  • Aaron Fishman, founder & Director, East Bali Cashews; Denpasar, Bali, Indonesia (cashew processing social enterprise)
  • Christina Lewis Halpern, Founder & President, All Star Code; New York, New York (men of color in technology)
  • Jake Harriman, Founder & CEO, Nuru International; Palo Alto, California (sustainable global development)
  • Leila Janah, Founder & CEO, Samasource; San Francisco, California (global enterprise digital service jobs for underserved women and youth)
  • Leticia Jáuregui, Founder & Executive Director, Crea Comunidades de Emprendedores Sociales; Mexico City, Mexico (business support for marginalized women entrepreneurs in Mexico)
  • Manmeet Kaur, Founder & Executive Director, City Health Works; New York, New York (community health services in East Harlem)
  • Oliver Libby, Co-Founder & Board Chairman, The Resolution Project; New York, New York (global youth social entrepreneurship)
  • Ben Powell, Founder & CEO, Agora Partnerships; Washington, District of Columbia (early-stage impact entrepreneurship in Latin America)
  • Zack Rosenburg, Co-Founder & CEO, St. Bernard Project; Chalmette, Louisiana (US long-term disaster recovery)
  • Eugenie Teasley, Founder & Chief Executive, Spark+Mettle; Brighton, England (career support for marginalized youth in England)
  • Andrew Yang, Founder & CEO, Venture for America; New York, New York (post-college entrepreneurship in US cities)

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Social Innovation Fund Celebrates Five Years of Success at Upcoming Gathering

Events to be livestreamed, with Twitter-sourced Q&A, opening up industry conversations to all

WASHINGTON – September 12, 2014 – The Social Innovation Fund, a White House initiative and program of the Corporation for National and Community Service, is celebrating its five-year anniversary with a major event for its grantees and sub-grantees in the nation’s capital on September 17 – 18, 2014. The gathering, “Celebrating Five Years of Innovation, Inspiration and Impact” will also include the announcement of new grantees and more than $50 million in new grants.

With this milestone, the Social Innovation Fund recognizes the achievements of its program model, which unites public and private resources to evaluate and grow innovative community-based solutions that have evidence of results in low-income communities. The first five years of the Fund has seen more than $700 million in public and private funds invested in in more than 200 high-impact nonprofits who find solutions that work and make them work for more people.

“One of the highlights of our celebration is the fact that events will be livestreamed, opening them up to a wide range of innovators, regardless of location,” said Michael Smith, Director of the Social Innovation Fund. “Gather your colleagues and friends, and join us for groundbreaking conversations with some of the nation’s leading thinkers on grantmaking, philanthropy, evidence and social change.”

The livestreamed events, sponsored by JPMorgan Chase & Co. and Time Warner, will bring together change-makers to spark new thinking on programs and partnerships. The opening plenary session will allow users to submit questions via Twitter during the Opening Plenary and Town Hall, using the hashtag #SIFund. See below for full details and a link to register.

LIVESTREAMS:

WEDNESDAY, SEPTEMBER 17

1:00 – 3:00 PM
Opening Plenary and Town Hall
The opening plenary will speak about the origins of the SIF, how the program has evolved over the years, what the SIF is adding to the social sector, and will announce the 2014 SIF Grantee recipients. There will be two panels with subgrantee service recipients and 2014 new grantee CEOs. The panels will be moderated by Stacy Palmer, Editor, the Chronicle of Philanthropy. There will be time for questions posed by both the audience in the room and those viewing the Town Hall via live stream. This session will also highlight local program recipients.

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Register for livestream here: http://www.eventbrite.com/e/social-innovation-fund-grantee-convening-opening-plenary-livestream-tickets-13027937913?utm_campaign=new_eventv2&utm_medium=email&utm_source=eb_email&utm_term=eventname_text

THURSDAY, SEPTEMBER 18

12:30 – 2:30 PM
Social Innovation Summit – SIF Edition brought to you by JPMorgan Chase & Co. in partnership with Time Warner
The Luncheon will feature several dynamic speakers, including Kimberly Bryant from Black Girls Code, Seth Goldman from Honest Tea, Kirsten Lodal from LIFT, Ben Rattray from Change.org, Rashad Robinson from Color of Change, and Andrew Yang from Venture for America. The presentation will be a combination of fireside chats and lightening talks. Erin Hogan of JPMorgan Chase & Co. and Michael Smith will be moderating the fireside chats.

Register for livestream here: http://www.eventbrite.com/e/social-innovation-summit-live-at-the-2014-sif-convening-livestream-tickets-13035566731?utm_campaign=new_eventv2&utm_medium=email&utm_source=eb_email&utm_term=eventname_text

For more information about the Five-Year Anniversary Celebration, visit nationalservice.gov/programs/social-innovation-fund/social-innovation-fund-convening. For more information about the Social Innovation Fund, visit http://www.nationalservice.gov/programs/social-innovation-fund or follow on Twitter at @SIFund.

About the Social Innovation Fund

The Social Innovation Fund (SIF), a key White House initiative and program of the Corporation for National and Community Service (CNCS), combines public and private resources to grow the impact of innovative, community-based solutions that have compelling evidence of improving the lives of people in low-income communities throughout the United States. The SIF invests in three priority areas: economic opportunity, healthy futures, and youth development. In just a few years the Social Innovation Fund (SIF) and our private-sector partners have invested more than a half a billion dollars in compelling community solutions— $177.6 million in federal grants plus $423 million in non-federal match commitments in 20 intermediary grantees and 217 nonprofits in 37 states and the District of Columbia.

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Kosair Charities To Honor Two Distinguished Area Leaders at Dreams Take Flight

The Roger Fox & Sam Swope Awards to be given on October 4

Louisville, KY – September 10, 2014: Kosair Charities is proud to announce the recipients of its 2014 Roger Fox Award and Sam Swope Community Leadership Award, both to be recognized during the reimagined Kosair Charities 6th Annual ‘Dreams Take Flight’ celebrating over 90 years of service on Saturday, October 4, at Bowman Field-Hangar 5.

The winners are Sofia M. Franco, MD, recipient of The Roger Fox Award and Madeline Abramson, recipient of The Sam Swope Community Leadership Award.

The Roger Fox Award

Mr. Fox was a dedicated member of Kosair Charities who passed away prematurely, however, he never lost hope that all children would someday be able to run and play. This award recognizes a physician’s dedication to children.

Dr. Sofia Franco

Dr. Sofia Franco has a long-standing dedication to the health and wellbeing of children. Franco is currently the Project Director of the Children and Youth Project comprehensive health clinic. Children and Youth Project provides clinical services, preventive health assessment and episodic illness care by a multidisciplinary health team. Dr. Franco supervises the clinical rotation of medical students, Pediatrics and Internal Medicine/Pediatric continuity, Ambulatory rotation; and Primary Care rotation of 8/year Psychiatry interns. The clinic has 19,047 medical visits last year and averages 80 patients per day. Franco is also the former Director of Pediatrics at the University of Louisville School of Medicine and has been honored a number of times for her work with children and serves on many boards and committees directly impacting the youth in the community. She is honored to be the 2014 Roger Fox Award recipient.

The Sam Swope Community Leadership Award

This award recognizes an individual who has advanced children’s goals for the future through vision, innovation, and self-sacrifice.

Madeline Abramson has a passion for public service. Over the years, she has served as a leading community volunteer in organizations dedicated to the arts, social services, health care, young people and education.

Madeline Abramson

Abramson currently serves as chair of the Kentucky Commission on Women as well as board chair of the Kentucky Center for the Performing Arts and has twice served as chair of the board at Maryhurst. Her efforts also include serving on the boards of the state Prichard Committee for Academic Excellence and Jewish Hospital/St. Mary’s Foundation. She is a former chair of the Board of Directors for the American Red Cross, Kentuckiana Chapter, and continues to serve on its board and executive committee. In recognition of her work, Madeline has received a series of awards and is proud to add the 2014 Sam Swope Community Leadership Award to her many recognitions.

‘Dreams Take Flight’ was created to acknowledge and honor a select group of the area’s most distinguished members of the medical community, as well as to spotlight and garner awareness for the amazing work of a number of exceptional Kentucky and Southern Indiana charities. The 2014 event will be on Saturday, October 4, at 7:00 p.m. Companies or individuals looking to purchase tickets or to inquire about sponsorship information for this event can call Kosair Charities 502.637.7696 or contacting Vicky Weber at vweber@kosair.org.

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Sugarlands Distilling Company Launches MoonShare Program to Benefit Non-Profits Nationwide: Nominations open now to apply for Sugarlands Shine “2015 Year of Giving”

Gatlinburg, Tenn. – Sugarlands Distilling Company is making 2015 its “Year of Giving” by launching MoonShare, a community works program which donates a portion of its proceeds to organizations that positively impact the community.

“We love giving back as much as we love making moonshine,” said Courtney DeLaura, national director of MoonShare for Sugarlands Distilling Company. “We want people across the U.S. to understand the mission of the MoonShare program, which is to shine a light on non-profit organizations seeking to better their communities. MoonShare seeks to share our support of non-profit organizations who believe in the same pursuit of camaraderie – supporting those in need and community building.”

The nomination window for non-profits to apply is open now through Nov. 15 via the distillery’s website – www.sugarlandsdistilling.com/stories-in-every-jar/moonshare/.

“Our mission during the 2015 Year of Giving is to provide monetary donations to 12 elected non-profits, one each month,” said DeLaura. ? ”We’re thrilled to finally launch this incredible program and share it with communities everywhere. Online nomination forms are now available for any qualifying 501(c)3 non-profit organization to complete.”

After all nominations have been received, the MoonShare team will narrow down applicants to the Top 50 finalists which will be announced Dec. 1. Those top 50 non-profits will be given four weeks to get their campaign in order to move on to Round Two – an online voting portion of the “MoonShare Year of Giving” campaign via Facebook which is open to the public and runs Dec. 31, 2014 through Jan. 31, 2015.

On Feb. 1, 2015 Sugarlands Distilling Company will notify the top 12 non-profits who receive the most votes. Each of the Top 12 organizations will receive a $5,000 MoonShare grant and will be highlighted for a specific “Month to Shine” in 2015. Those 12 organizations also will have the opportunity to partner with other MoonShare programs and will be featured on the Sugarlands Distilling Company website and social media platforms.

“For us, the complete moonshine experience includes being good stewards of our profits in order to spread a philanthropic message to everyone who opens a jar of our shine,” said DeLaura. “Corporate social responsibility is of the utmost importance to everyone who works at Sugarlands Distilling Company. Our company was built upon the example of early settlers to the Sugarlands area of the Great Smoky Mountains. These small communities of people supported each other and gave a hand when needed. We look forward to doing the same for friends near and far.”

Although Sugarlands Distilling Company opened its doors in March 2014, the company has already immersed itself in local communities across the Southeast. Currently, Sugarlands Shine can be found in Tennessee, South Carolina, Kentucky, Indiana, West Virginia, North Carolina and Florida with plans to be in every state by mid-2015.

For more information about MoonShare or how to apply for funds, visit www.sugarlandsdistilling.com or call (865) 325-1355.

Share the great news about MoonShare with the following Tweet: @SugarlandsShine opens nominations for #MoonShare program to U.S. non-profits at www.sugarlandsdistilling.com #sipsup #nonprofit #grant

About Sugarlands Distilling Company

Sugarlands Distilling Company is a producer of craft quality moonshine and whiskey and is also a popular attraction in downtown Gatlinburg, Tennessee. Inside the distillery, guests can taste free samples of authentic Sugarlands Shine, take a behind-the-scenes tour of the production, and purchase a variety of moonshine flavors, mountain merchandise, and apparel. To enhance their experience, guests can enjoy live music, Appalachian storytelling, and book outdoor adventure tours in the Sugarlands, an area of the Great Smoky Mountains National Park historically referred to as “moonshiners’ paradise.” The company is East Tennessee-owned, with a focus on bettering the local community through a variety of events and charitable giving. Sugarlands Distilling Company’s phased strategic distribution strategy will be supported through a partnership with TAG USA, one of the most respected beverage marketing/sales organizations in the country. Twitter: @SugarlandsShine.

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Low Income Investment Fund Releases First-of-Its-Kind Social Impact Calculator Tool

The Low Income Investment Fund (LIIF) today released its new “Social Impact Calculator,” a first-of-its-kind tool that puts a dollar value on the social impact of its investments in five core program areas: affordable housing, quality child care, education, community health clinics and equitable transit-oriented development. LIIF is encouraging other organizations to use, adapt and help refine the new tool.

LIIF initially announced that it was developing the calculator as an “open source” tool in June at the Clinton Global Institute America in Denver and SOCAP Health in New York City, two of the nation’s most important gatherings of social impact investors. Only ten weeks later, LIIF is delivering on its commitment and launching the first version of the Social Impact Calculator.

“Efforts to improve lives-or create ‘social impact’-through financial investments are now mainstream,” said Nancy O. Andrews, President and CEO of LIIF. “But the ability to monetize the largely unmeasured effects of these investments is new. And while our Social Impact Calculator was developed by LIIF for LIIF, our goal is to advance broad discussions about the value of social investments and help other organizations think about how they measure their work-their social return on investment-in new ways.”

Over the past 30 years, LIIF has invested $1.5 billion dollars and served 1.7 million people. In the last 10 years, it has doubled its capital impact and tripled its human impact. The new Social Impact Calculator allows it to value its social impact at $30 billion using an “impact by proxy” approach.

“We know that a healthy, well-educated child carries the promise of a better future for all of us, not just herself and her family. LIIF created the Social Impact Calculator because we wanted to better understand the additional value created by our investments for both the people we serve as well as society. For example, when we finance a child care center with 30 slots for low income kids, how can we quantify the improvements to their lives? Further, what are the benefits to society of a child with better prospects for long-term success and better health? The calculator is our effort to begin to answer these questions in a way that is meaningful, but also simple and practical,” Andrews said.

In the coming weeks, LIIF will reach out to community development financial institutions, social impact investors and others to encourage them to try out the calculator for themselves, learn about its methodology and offer feedback. For more information, visit www.liifund.org/calculator.

FAST FACTS

What is the Low Income Investment Fund Social Impact Calculator?

The calculator is a first-of-its-kind tool that allows LIIF to monetize — or attach a dollar amount to — the social impact of its investments in low-income communities.

Who should use it?

LIIF and other community development financial institutions are just one possible group of users. The calculator relies on an “impact by proxy” approach, allowing any private or public sector organization that makes financial investments in a community to adapt the tool to their own context. Organizations operating in these sectors, such as child care center or health clinic operators, may also find it valuable to measure their social impact.

Who developed the Social Impact Calculator?

The calculator was developed by Low Income Investment Fund staff and was reviewed by an advisory committee of subject matter experts. For more information, visit liifund.org/calculator.

What’s the methodology behind the Calculator?

LIIF developed its impact by proxy approach using the best available social science research to estimate social value across 10 impact metrics. To learn more, you can read an Executive Summary, Abridged Methodology Paper or LIIF’s Full Methodology Paper.

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Romero Britto Becomes Celebrity Ambassador For Miami Children’s Health Foundation

The international pop artist will support the foundation’s Together For The Children, The Campaign for Miami Children’s Hospital

MIAMI, September 4, 2014 – Miami Children’s Health Foundation is excited to announce that internationally renowned pop artist Romero Britto became the newest celebrity ambassador, joining international superstar Armando “Pitbull” Perez, and Danish model Nina Agdal to support the Together for the Children campaign, which has been garnering more support than ever and is steadfastly on the path to reach $150 million by 2017.

“I am thrilled to be able to help raise awareness through art for the children at Miami Children’s Hospital,” said Britto. “Our children are the future and I am a firm believer in the powerful role I have as an artist to provide hope and happiness for them.”

As part of his commitment and support, Britto is preparing a very special paint party that will take place after the Hyundai Hope On Wheels 4th Annual Miami Children’s Hospital 5K Walk/Run presented by Sabadell Bank on Saturday, Sept. 20 in front of Coral Gables City Hall and will serve as the soft launch of our Together For The Children Campaign. During the event, a select group of children who have previously been patients of Miami Children’s Hospital will have the opportunity to paint with Britto as he creates an exclusive work of art that will become part of the Together For The Children campaign logo.

 

“We are incredibly honored to be able to receive the support of one of the most distinguished artists in the world,” said Lucy Morillo, president and CEO of Miami Children’s Health Foundation. “Romero Britto uses vibrant colors and bold patterns as a visual language of hope and happiness, which aligns with our mission at Miami Children’s.”

In addition, thanks to the funds raised through the Together for the Children campaign, Miami Children’s Hospital recently celebrated a significant milestone with the beginning of construction of its planned Advanced Pediatric Care Pavilion, a 212,000 square-foot facility that will enhance the care environment at the main hospital campus and is one of the campaign priorities. Once completed, the new space will include the latest medical technologies and additional family-friendly amenities to support patients and families receiving care.

To learn more and help support Together for the Children, please visit www.mchf.org/donate or call Miami Children’s Health Foundation at 305-666-2889 (toll free: 1.800.987.8701).

Pyar&Co. Launches Lil’ Pyar Gives Back Initiative to Benefit AdoptAClassroom.org

CHICAGO, ILLINOIS (SEPTEMBER 2014) — High-end home furnishings brand Pyar&Co. is set to launch the first installment of their Lil’ Pyar Gives Back initiative this September, benefiting national education non-profit AdoptAClassroom.org. Founder/Designer Paula Queen was inspired to launch this initiative in an effort to connect the dots between her background in education and the two-year-old Pyar&Co. brand. Lil’ Pyar Gives Back will release new children’s home furnishings twice-yearly featuring designs by primary school aged students across the U.S. The inaugural collection, Skyscraper, features artwork and a poem written by Katarina T., a 9-year old, 4th grade student from Lithia, Florida.

The Lil’ Pyar Gives Back Skyscraper collection includes two 100% canvas products designed and produced in the U.S.A.: a pillow and a tote. The 16”x16” fiber-filled pillow (digitally printed) will retail for $40 and the 16”x21” tote (hand-screened printed) with 26” shoulder drop for $28. Both products will be available for purchase online beginning September 1st.

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In early 2014, Pyar&Co. promoted the Lil’ Pyar Gives Back initiative and contest on the company website and social media channels. The brand placed a call out for design submissions from primary school aged students across the country. After careful review and internal deliberations of the entries, Queen and her team selected the work of Katarina T. from Lithia, Florida. Her art and poem, entitled Skyscraper, encouraged readers to dream big and resonated heavily with Queen. “The words and drawing of a young girl who looked up at the sky and saw more than buildings instilled a sense of wonder in me. At just 9-years old, she saw this platform as a way to encourage others to find their courage, confidence and self-belief,” said Queen. “I hope that her work will help to remind us all to shoot for the tallest buildings and beyond.”

As part of the Lil’ Pyar Gives Back initiative, Pyar&Co. will donate $10 from each Skyscraper product purchased directly to AdoptAClassroom.org in the hopes of reducing the financial impact on teachers who need to purchase resources for their classrooms. “It is a little known fact that teachers spend so much of their own money for the school supplies they need in the classroom,” says Bob Thacker, Executive Director for AdoptAClassroom.org. “We are thrilled that Lil’ Pyar is partnering with us to help teachers and their students who otherwise may not be able to afford the tools needed to succeed in school.” Queen adds: “As a former high school English teacher, I have always held educators in the highest regard and can recall a number of times I had to procure items for my own classroom because the school could not. It is my hope that through the Lil’ Pyar Gives Back initiative, the financial burden on teachers will be lessened and the focus can be put back on learning.”

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About Pyar&Co.:

Pyar&Co. is a Chicago-based high-end home furnishings brand recognized for hand crafted pillows, poufs, throws, table linens, and children’s items. Founder/Designer Paula Queen founded the brand in 2012 after becoming inspired by the beauty and intricate nature of the Indian sari on a trip to India. All materials and work to produce the brand’s products are ethically sourced. Pyar&Co. products can be found online and in various retail locations nationwide. For more information on Pyar&Co., please visit: www.pyarandco.com.

About AdoptAClassroom.org:

AdoptAClassroom.org is a national 501(C)(3) nonprofit organization dedicated to ending teacher-funded classrooms. We support teachers by providing much-needed classroom materials and supplies. On average, teachers spend nearly $500 of their own money each year to equip their classrooms, with 10% of teachers spending more than $1,000 annually. Since 1998, AdoptAClassroom.org has raised over $21 million to benefit classrooms across America. AdoptAClassroom.org has earned a 4-star rating from Charity Navigator. To adopt a classroom, visit www.adoptaclassroom.org.

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JazzReach Celebrates 20 Years of Cultivating Young Music Fans across the United States

NYC-Based Arts Education Non-Profit JazzReach Announces Its 2014-2015 National Touring Season

U.S. Tour to 30 Cities across the Country Will Introduce 40,000 Young People to Live Jazz Music

September 2014, New York, NY – Celebrating 20 years of bringing live jazz music to school-aged children across the country, the acclaimed New York City-based non-profit, JazzReach, Inc. (www.jazzreach.org) will kick off its 2014-2015 National Touring Season on October 6, 2014 in St. Louis, MO. The season will feature over 60 performances of JazzReach’s all-original live multi-media educational programs for young audiences along with numerous clinics and masterclasses for student musicians and mainstage concerts for general audiences. Events will take place in partnership with major performing arts presenters in nearly every region of the country, from its home base in the Northeast to Southern California, hitting a total of 30 communities around the United States. The goal of this season of JazzReach is to introduce more than 40,000 school-aged children to live jazz music.

“Jazz music has achieved great stature throughout the world as an indigenous American art form,” says JazzReach Founder/ Executive-Artistic Director, Hans Schuman. “Nevertheless, despite having been declared a ‘national treasure’ by the U.S. Congress in 1987, jazz goes largely overlooked by mainstream popular media and limited time and funding prohibit the subject from being included in most students’ standard social science curriculums. As a result, new audiences for the art form are not being widely cultivated.” That is where JazzReach, and its resident performance, Metta Quintet (for which Schuman is the drummer) come in.

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As a means of creating a love of live performance, JazzReach offers a wide range of informative, engaging, all-original supplementary educational programs and services of the highest quality that aim to ensure that as many young people as possible have access and opportunities to learn about the art form and experience it in its most potent of contexts – live and in person, in real music venues.

The full schedule of performances is below. Dates and venues may be added to the schedule as the season progresses. Interviews with JazzReach Founder Hans Schuman are available, as are photos and footage of previous events, by contacting Louise O’Brien at publicity@jazzreach.org.

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ABOUT JAZZREACH:

Established in 1994, JazzReach is a nationally recognized New York City-based 501(c)(3) not-for-profit organization dedicated to the promotion, performance, creation and teaching of jazz music.

Through the presentation of immersive, all-original LIVE multi-media educational programs for young audiences (grades K-12), captivating main-stage concerts for all audiences and informative clinics and master-classes for student musicians, JazzReach is fiercely dedicated to fostering a greater appreciation, awareness and understanding of this rich, vital American art form.

Since premiering its debut educational program in 1997, JazzReach has successfully positioned itself as one of our nation’s leading arts organizations dedicated to jazz. The organization’s programs have successfully served and impacted over a quarter million young people nationwide in partnership with many of America’s most prominent performing arts venues and concert halls and have received unanimous praise from arts professionals, students, teachers, parents, and the media alike. JAZZREACH celebrates its 20th anniversary in 2014!

All of JazzReach’s artistic programming is carried out exclusively by the organization’s official resident trip, METTA QUINTET.

METTA QUINTET is a highly creative unit featuring some of the most acclaimed, in-demand artists on the scene today. The trip is as dedicated to blazing new artistic territory as it is to cultivating new audiences and fostering a greater overall awareness, understanding and appreciation of the great American jazz tradition.

In 2002, the trip released its critically acclaimed debut CD, Going to Meet The Man (Koch Jazz) which featured eight commissioned works inspired by the short stories of celebrated American author, James Baldwin that appeared in the book of the same title. Composers included, Brad Mehldau, George Colligan, Larry Goldings, Kurt Rosenwinkel and Mark Turner.

In 2006, the quintet released the equally praised, Subway Songs (Sunnyside Records), which also featured eight commissioned works inspired by the unique social dynamism of the New York City subway experience. Composers included,Metta Quintet members Sung, Strickland, Gross and Schuman in addition to Myron Walden, Jimmy Greene and Jon Cowherd.

In 2012, the band released “Big Drum, Small World” which earned unanimous praise including a 3.5 star (out of four) review in Downbeat Magazine. The project celebrates the globalization of jazz, stylistic amalgamation and creative collaboration by featuring six all-original compositions by renowned composers from 6 different countries including, Miguel Zenon, Omer Avital, Marcus Strickland, Lionel Loueke, Yosvanny Terry and RudreshMhanthappa.

Learn more: http://www.jazzreach.org

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