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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

General

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

D&AD’S WHITE PENCIL JOINS FORCES WITH THE INTERNATIONAL EXCHANGE (TIE) TO CREATE NEW LEAGUE OF ‘SOCIAL INTREPRENEURS’

Nominees get the chance to go on a groundbreaking NGO placement Fighting major obstacles faced by worldwide NGOs at a grassroots level

The D&AD White Pencil rewards creative ideas with a social purpose. The Award is the world’s top prize for design, advertising or digital work that addresses key social, political or ethical issues.

In order to demonstrate its increasing commitment to supporting positive change through creativity, D&AD is collaborating with The International Exchange (TIE) to offer two placements to White Pencil nominees.

TIE is a leadership development program that combines the expertise within agencies and studios with the needs of NGOs to create positive, sustainable change. It takes talented communications leaders and enables them to share their experience and skills in areas of urgent need.

TIE counts many of the world’s top agencies as clients. Alice Hooper, now Board Account Director at Leo Burnett London, co-founded Leo Burnett Change on the back of her TIE experience back in 2011, in which she helped to develop a communications campaign for a small grassroots NGO working with extremely vulnerable children and adolescents within Recife, Brazil.

Change is a collective dedicated to making powerful communications with positive social impact. This initiative led to Leo Burnett worldwide taking on the inaugural White Pencil challenge, and saw them take home the first White Pencil for ‘Recipeace’ by Leo Burnett Chicago.

Philippa White, Founder and Managing Director of TIE, said “By collaborating with D&AD, our reach around the world will be that much bigger, and the skill sets offered that much more diverse. We’ll not only be helping many more NGOs and communities around the world with our powerful communications skills, but together we’ll also be enabling more talented communication leaders to learn and grow from the experience of sharing their skills with the emerging world.

“The opportunity for change is huge, both abroad, but also back at home. On the back of the TIE placements, more commercially sustainable ways to fix problems will be discovered and the industry will be better placed to know how to grow business by doing the right thing.

“The more TIE placements that take place, the more our industry will start to change from the core. Our industry will be made to stand for more and we’ll all feel even prouder of our chosen profession. Here’s to a very exciting collaboration.”

Making ethical business behavior the norm

Tim Lindsay, CEO of D&AD, said: “Our responsibility is to help agencies, studios and individuals to understand and get involved in more sustainable ways of doing business. To encourage a movement that puts corporate social responsibility at the cornerstone of all corporate growth plans and that makes ethical business behavior the norm, not the exception.

“Ahead of the curve, as they so often are, Unilever liked this and now generously sponsor the White Pencil and through their support we’ve been able to collaborate with TIE to help push the White Pencil agenda forward.

“The White Pencil, now split into two categories – one for advertising and one for design – is about encouraging and rewarding brands, and their agencies, who are looking to grow those brands and businesses, but in a way that benefits everyone involved.

“And if everyone – consumer, supplier, retailer, employee and employer – benefits, then the motivation becomes irrelevant. In the end, everyone will have to join in or see their business diminish and eventually disappear.

“It’s a great opportunity for the advertising and design industries to help our clients, and their consumers, by inventing a new vocabulary; developing new capabilities and leading from the front. In short, to demonstrate that commercial communications can be a force for good. The White Pencil is designed to help the industry bring this about. Over to you.”

Recent TIE Success Stories

Melissa Parsey, Lead Strategist for JWT Ethos, has recently completed her own TIE placement in Recife, Brazil, and is now working on the Al Gore Brief with Jon Steel, WPP Planning Director, to tackle the Global Legacy Project – changing habits to change the world. This brief has also been set to our young creative community through the D&AD New Blood Awards.

Trevor Gilley, a designer at Wieden+Kennedy New York, worked in Malawi to create a presentation for government officials that showed people, for the first time, the shocking reality of charcoal production and its impact on deforestation in Malawi. At launch, more than 10,000 fuel-sufficient stoves had been ordered.

Sarah Walker, Director of R&D at Millward Brown London (WPP), explained her recent experience in Brazil: “I have just returned from working with a group of NGOs in Brazil to raise awareness of some of the corruption and human rights atrocities that are being committed in the name of ‘preparations’ for the coming World Cup… We had four weeks to plan, create and implement a campaign, with a budget of little more than £1000, in a media environment largely controlled by the government. It was one of the most enjoyable, but also intense, learning experiences I have ever had.”

All nominees for this year’s White Pencil will have the chance to apply for a spot on a TIE placement of up to 30 days. Everyone in the nominated team can apply, from the ECD to the Account Manager, to the Strategist. The individual who is selected will then have the full support of their team back at their home ‘base’, meaning everyone can play a part.

For more information on this collaboration, visit: http://www.dandad.org/dandad/news/latest/white-pencil-and-the-international-exchange

You can enter work for D&AD’s White Pencil by going to: www.dandad.org/awards14

The pinnacle of creative achievement across the design, advertising and digital industries, the D&AD Awards have been running since 1962.

Follow D&AD @DandAD #DandAD14 #WhitePencil

ABOUT TIE

TIE Film: http://www.youtube.com/watch?v=gjxVcDvlP2o#t=138

TIE is a leadership development program that combines the expertise of communication professionals with the needs of NGOs to create positive, sustainable change. We enable talented communications leaders to learn and grown from the experience of sharing their skills with the emerging world.

TIE develops future leaders. The program takes them out of their comfort zone by getting them to run all aspects of a campaign from start to finish, drawing on skills they already have but may not use every day. Individuals are given the chance to develop their skills whilst making a difference to people who really need it. People return from the program more confident and brimming with fresh ideas.

ABOUT D&AD

Since 1962, D&AD has been inspiring a community of creative thinkers by celebrating and stimulating the finest in design and advertising. A D&AD Award is recognized globally as the ultimate creative accolade, entered and attended by the best creative decision makers from around the world. Set to reward, promote and enable creative brilliance in all areas of creative communication, a Yellow – or Black – Pencil remains the pinnacle in many careers.

But it’s much more than just awards. Members join a vibrant global community, whilst creatives and clients are inspired by a world-class training and development programme. Students are supported with projects, awards and exhibitions, which give them a vital leg-up as they enter the industry.

As a non-profit, all of D&AD’s surpluses go straight into programmers that develop the next generation of creative talent while campaigning for the creative industries to help solve the world’s toughest social and environmental issues.

Contact

Dan Bryant
D&AD | +44 (0)20 7840 1122| dan.bryant@dandad.org

Matthew Parker
D&AD | +44 (0)207840 1121 | matthew.parker@dandad.org

AMWAY UNIVERSAL CHILDREN’s DAY CREATES A WORLD OF IMPACT

                                            

On November 20, more than 15,000 people in 57 countries helped 100,000 children

ADA, Mich., Dec. 6, 2013 /PRNewswire/ — During the span of 24 hours on November 20, more than 15,000 Amway business owners and employees mobilized to serve children’s causes in their communities. In 57 countries, together they volunteered 35,425 service hours through 304 projects benefiting more than 100,000 children.

The AMWAY ONE BY ONE® Campaign for Children Universal Children’s Day was the culmination of activities celebrating the Campaign’s 10th anniversary.

“Amway is a people business, and our people live and work in communities all across the world,” said Todd Woodward, vice president for Amway brand, public relations and corporate social responsibility. “For one day, we aligned as a global company to make the lives of the children and families in the communities we serve a little better.”

Since the AMWAY ONE BY ONE® campaign launched in 2003, its focus has been to assist children in need around the world. In just 10 short years, Amway business owners and employees have impacted the lives of 10 million children, logged 2.7 million volunteer hours, and raised $190 million for programs.

Employees and distributors also chronicled their participation in Amway Universal Children’s Day by using the #amwayonebyone. The hashtag populated an Instagram map on www.amwayonebyone.com in real time.

Specific programs on November 20 included:

  • Amway Thailand and the Thai Society Foundation collaborated with the Border Patrol Police bureau to donate more than 22,000 winter jackets to underprivileged students in remote schools.
  • Amway Colombia, Mexico, Costa Rica and El Salvador organized a home building and renovation project with Habitat for Humanity.
  • Amway Japan built a playground for a community house in earthquake-affected regions through its Remember Hope program.
  • Amway Russia assisted at multiple child crisis centers across the country.
  • The Amway Charity Foundation in China partnered with UNICEF, local education administration authorities, and community partners to educate orphans in 100 communities.
  • In the United States, 4,000 Amway World Headquarters employees partnered with 15 nonprofits on 23 separate projects that included the assembly of more than 1,400 bikes and the creation of 10,000 hygiene kits that will provide relief to the victims of Typhoon Haiyan in the Philippines.

About the Amway One by One Campaign for Children

The AMWAY ONE BY ONE® Campaign For Children program rallies the resources of Amway distributors and employees around the world to make a difference in the lives of children in every market in which the company conducts business. Since the AMWAY ONE BY ONE® program launched in 2003, it has provided hope and opportunity to 10 million children and donated $190 million to children’s causes worldwide. The number of employee and distributor volunteer hours logged since 2003 totals more than 2.7 million. For information, visit www.amway.com/amwayonebyone.

About Amway

Alticor / Amway is the world’s #1 direct selling business, ranked by 2012 global sales of $11.3 billion in the Direct Selling News Global 100, and based on the efforts of more than 3 million Amway distributors and more than 21,000 employees in more than 100 countries and territories worldwide. Founded in 1959 by entrepreneurs Rich DeVos and Jay Van Andel, and based in Ada, Michigan, U.S., Amway offers consumer products and business opportunities that are supported by a global agribusiness, manufacturing and logistics supply chain. More than 900 scientists, engineers and technical professionals work in 75 R&D and quality assurance labs worldwide to support product development and create a culture of scientific excellence. Top-selling brands for Amway are NUTRILITE® vitamin, mineral and dietary supplements, ARTISTRY® skincare and color cosmetics, and eSpring® water treatment systems. For company news, visit globalnews.amway.com.

Givelocity Launches Revolutionary Shared Giving Platform Bringing Community and Transparency To The Giving Process

Givelocity aims to drive greater social impact by connecting individuals, social networks, and corporate donors, amplifying their collective giving power.

San Francisco, CA (December 3, 2013) – Givelocity, a portal for shared giving, announced today (Giving Tuesday) the launch of its proprietary crowd sourcing platform. At Givelocity, donors can pool their dollars with other people who care about the same things they do and vote on which charities receive their collective support.

“Givelocity disrupts the philanthropic model by tapping into a new era of connectivity, allowing individuals to more easily seek out and build connections based on natural affinities”, said Susan Cooney, founder and CEO of Givelocity. “Our platform brings ‘givers’ together, increasing their ability to effect change for the things they are most passionate about, like poverty, hunger or access to clean water. By building online communities for shared giving, we feed our human desire for connection.” Cooney believes people want to give, but don’t know where to start, and fear their limited funds won’t make a difference. At Givelocity, members gain leverage by combining small donations with others in online giving circles, or “Neighborhoods,” for greater impact.

This innovative platform fosters a powerful new ecosystem for giving. Anyone can build or “move in” to public or private neighborhoods to pool funds for specific types of causes that they are passionate about, starting at as little as one dollar. Animal lovers can “move in” to the Animal Kingdom Neighborhood and know that their monthly donations will only benefit animal causes. Members focused on children’s causes can “move in” to the Children’s Network Neighborhood and be assured that their dollars will only support children. Once settled in a neighborhood, members vote on the causes that will receive their collective support at the end of every month.

The model offers a more sustainable and less intrusive way to give to charities, which spend an average of 10% of total donations on fundraising and often sell lists of donor information. At Givelocity, contributing members create recurring payments through the subscription-based giving feature, and can rest assured their donations remain anonymous. Through Givelocity’s partnership with Charity Navigator, America’s largest independent charity evaluator, members will choose from charities with “high credibility” ratings, reducing the worry over where their contributions will be distributed.

Corporations can even use the platform to set up private communities and allow their employees, customers or followers to vote on the charities they feel the corporation should support. Corporations can now place their giving decisions into the hands of their employees or fans instead of making these decisions behind the closed doors of a boardroom. This new transparency builds trust when engaging employees in social impact initiatives.

About Givelocity

Givelocity is a unique online platform designed to harness the power of crowd sourcing, allowing individuals to create theme-based giving circles, or neighborhoods, for shared impact. Corporate giving is also supported, with tools to engage employees and build transparency. Givelocity’s easy-to-use, shared giving portal puts the donor in charge, as individuals and businesses vote on where donations are sent. The platform fosters a sense of community, reinforcing social and economic equality, with the advantage of offering anonymity and better mapping of credible, accountable charities. With more scalable and sustainable donating, Givelocity is changing the way people give back, as their shared giving model increases the impact on beneficiaries and lessens the impact on wallets.

FOUNTAIN HOUSE PREPARES AND SERVES THANKSGIVING DINNER IN HELL’S KITCHEN TO MORE THAN 350 INDIVIDUALS LIVING WITH SERIOUS MENTAL ILLNESS AND THEIR FAMILIES

Men and women living with schizophrenia, bipolar disorder and serious depression prepare and enjoy a Thanksgiving feast at Fountain House’s Clubhouse in Hell’s Kitchen.

New York, NY (November 27th, 2013) – Fountain House gets ready for a larger than expected turnout for this year’s Thanksgiving Feast. Thanksgiving is Fountain House’s largest celebration. Members living with serious mental illness come together with staff at the clubhouse in Hell’s Kitchen to prepare a spectacular feast including roasted turkey or stuffed squash, bread stuffing, mashed potatoes, braised carrots, green beans, and peas.  A delicious assortment of pies, including homemade pies baked with apples grown at Fountain House’s 500 acre High Point Farm are a sweet end to the meal.  Members participate in preparing, decorating the house, and serving the meal. Floral decorations are produced by members working in Fountain House’s Horticulture Unit.

Who:                    Fountain House www.fountainhouse.org
What:                   Thanksgiving preparations by/for individuals living with serious mental illness
Where:                 425 West 47th Street NY, NY 10036
When:                  Prep:  Wednesday, November 27th 9 am – 5 pm
Why:                    Mental illness disrupts people’s lives and relationships, leaving them alone and isolated in the community. Fountain House offers a sense of belonging, meaningful activity, and the opportunity to form relationships with their peers and with dedicated professional staff.  All members and staff are invited to celebrate Holidays together.

ABOUT FOUNTAIN HOUSE
Serious mental illness affects 23 million people in the United States each year. The stigma, rejection, and isolation that accompany mental illness are often as damaging and debilitating as the illness itself.  Fountain House reduces the devastating social impact of mental illness. Every day, over 300 members choose to come to Fountain House to learn new skills, access opportunities, and forge meaningful relationships. Members and staff operate successful employment, education, wellness, and housing programs. They work as partners to perform all the functions that keep the community going.  The Fountain House model has been replicated in more than 300 locations in 30 countries and 32 states and currently serves more than 100,000 people with mental illness worldwide.

Fountain Gallery Will Auction 100 Works by Artists with Mental Illness

MAD ABOUT ART Benefit is “A Black and White Affair”

NEW YORK CITY – November 14th, 2013 – MAD ABOUT ART, Fountain Gallery’s Annual Art Auction and Benefit, will take place on Thursday, November 21, 2013, from 6:00 PM to 9:00 PM, at Cedar Lake, located at 547 West 26th Street in Manhattan. This year’s event is “A Black and White Affair,” featuring striking black and white décor; the 500 guests expected to attend are requested to wear black and white cocktail attire. One hundred original artworks will be presented at auction to benefit the member-artists of Fountain Gallery, New York City’s premier venue representing artists living with mental illness. Singer-songwriter Suzanne Vega is the special musical guest.

MAD ABOUT ART will honor two recipients of the Esther Montanez Award: Bart McDade – Vice President, Director of Operations, NY, Newmark Grubb Knight Frank; and Faith Ringgold – artist, author and activist. The Esther Montanez Award was established to honor the memory of Fountain Gallery’s founding director, Esther Montanez, who was a tireless advocate for people with mental illness throughout her many years of service as Director of Special Projects for Fountain House, Fountain Gallery’s parent organization, until her death in 2006. The Award is presented in recognition of outstanding service to Fountain Gallery.

Honoree Faith Ringgold has donated an art piece to the auction, as have artist William Wegman (a past Fountain Gallery honoree) and artist M.J. Levy Dickson.

The auction is curated by Sasha Nicholas, an independent curator and art historian who is a longtime member of the Fountain Gallery steering committee. Among the art mediums represented in the auction are: acrylic, oil and watercolor painting; collage and mixed media; woodcut; and digital photography.

Event Chairs are:John P. Casaly, Rick Froio, Carmel and Brett Fromson, Dario Gristina, Leslie Harwood, Rich Hiler, Louis J. Mantia, Bonnie and Frank Pratt, Jerry Schumm, Gabriel Stefania. Ms. Harwood and Messrs. Froio, Gristina and Schumm are past Fountain Gallery honorees.

Individual ticket price is $250. Sponsorship levels range from $500 to $25,000. For tickets and information, contact Robyn Marks at 212.582.0341,ext. 1288, or rmarks@fountainhouse.org.

About Fountain Gallery

Founded by Fountain House in 2000 as a not-for-profit exhibition space for its member-artists living with mental illness, Fountain Gallery sells original artworks and collaborates with a wide network of artists, curators and cultural institutions. Embracing artists who are emerging or established, trained or self-taught, Fountain Gallery cultivates artistic growth and makes a vital contribution to the New York arts community. Agnes Gund, President Emerita of the Museum of Modern Art (MoMA), has commended the Gallery as “a place where you can view fine works of art made by a group of excellent artists.”

About Fountain House

Fountain House is a global leader in creating an approach that responds concretely to the social impact of living with mental illness. It offers a place where, every day, hundreds of members – people living with serious mental illness – choose to come to contribute their talents, learn new skills, access opportunities, and forge friendships. The “therapy” of Fountain House is its working community.

Artworks by Gallery artists can be viewed at: www.fountaingallerynyc.com.

For information about Fountain House: www.fountainhouse.org.

Fountain Gallery
                702 Ninth Avenue at 48th Street
                New York City 10019
                212.262.2756
                Hours: Tues-Sat 11-7; Sun 1-5
                More than a gallery. A movement.

Morgan Stanley Establishes Institute for Sustainable Investing

Institute to Drive Capital Toward Investments Supporting Global Sustainability and Advance Innovation and Scholarship to Broaden Market-Based Approach

Nov 1 2013 | New York

Morgan Stanley Chairman and CEO James Gorman today announced the establishment of the Morgan Stanley Institute for Sustainable Investing.  The Institute will build on Morgan Stanley’s ongoing work to advance market-based solutions to economic, social and environmental challenges, operating from the foundational principle that sustainable investment can only achieve significant scale by attracting a broad range of private sector capital.  Through product innovation, thought leadership and scholarship aimed at expanding opportunities for sustainable investing, the Institute will seek to drive capital toward investments promoting sustainable economic growth. 

The Institute for Sustainable Investing will pursue three focus areas: financial products and solutions that enable clients to invest in sustainability-focused strategies seeking risk-adjusted financial returns; groundbreaking thought leadership that will help mobilize capital toward sustainable investing opportunities; and strategic partnerships with the public, private and nonprofit sectors designed to build capacity and best practices within the field of scalable sustainable investing.

The Institute’s first major commitments include:

  • Setting a goal of $10 billion in total client assets through Morgan Stanley’s Investing with Impact Platform in the next five years.  By developing new products, innovative thematic portfolios and sustainable investing thought leadership, this platform will meet rapidly increasing client demand for opportunities to invest for positive environmental and social impact in addition to the goal of achieving risk-adjusted financial returns.
  • Creating new products − in coordination with Morgan Stanley Investment Management’s Long-Only and Alternative Investment Partners businesses − in which positive social and/or environmental impact is a core part of the underlying investment strategy.
  • Establishing an annual Sustainable Investing Fellowship program at Columbia Business School that will enable a select group of graduate students to pursue thought leadership in sustainable investing, coupled with an internship at Morgan Stanley to gain hands-on experience in product innovation, thought leadership and investment strategy.
  • Investing $1 billion in a sustainable communities initiative to provide rapid access to capital for the preservation and enhancement of quality affordable housing units that are at risk of deteriorating into uninhabitable conditions or becoming unaffordable to low- and moderate-income households.  The initiative will also seek to drive the integration of affordable housing with access to health care, healthy foods and other vital services.  Morgan Stanley is partnering with leading community groups, including the Local Initiatives Support Corporation (LISC) and NCB Capital Impact, on the sustainable communities initiative.

    “This program takes our long partnership with Morgan Stanley to a new level,” said Michael Rubinger, LISC President and CEO.  “It doesn’t just finance buildings; it fuels opportunity and focuses on quality of life.  Together, we will be able to help low-income families live better and make their communities stronger and healthier.”  

    Terry Simonette, President and CEO of NCB Capital Impact, said, “The sustainable communities initiative is the type of transformative investment that will help ensure the financing so desperately needed to provide access to healthy foods and other critical resources in our poorest communities.   We are proud to partner with Morgan Stanley on this effort.”

Through these and future initiatives, the Institute for Sustainable Investing will further Morgan Stanley’s commitment to providing individual and institutional investors with products and strategies that address sustainability challenges at scale.

Morgan Stanley Chairman and CEO James Gorman launched the Institute in a speech at Columbia Business Schooltoday.  Mr. Gorman said: “Morgan Stanley is in a unique position to harness the capital markets to help address the most pressing challenges facing society today, connecting governments, investors and businesses with the capital to execute at scale.  Our philosophy is clear – the most effective solutions to sustainability challenges are those that can be brought to scale.  Our clients are increasingly turning their attention to what it takes to secure the lasting and safe supplies of food, energy, water and shelter necessary for sustainable prosperity.”

Mr. Gorman will chair the Institute’s Advisory Board, which will include individuals from the private and nonprofit sectors with expertise in various aspects of sustainable investing including finance, policy and management (for a list of members, see the note to editors below).

Audrey Choi, who leads Morgan Stanley’s Global Sustainable Finance group, will be CEO of the Institute for Sustainable Investing.  “As the world’s population grows toward 9 billion and beyond, meeting the exponentially growing needs for quality education, healthcare, housing and security will far outstrip current models of business, government or philanthropy,” said Ms. Choi.  “The Morgan Stanley Institute for Sustainable Investing is committed to playing a catalytic role in forging innovative cross-sector partnerships that develop solutions to mobilize capital efficiently and effectively to meet these challenges at scale.”

Learn more about the Institute at www.morganstanley.com/sustainableinvesting.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 43 countries.  Since 2006, Morgan Stanley has committed more than $7.8 billion to strengthen underserved communities.  For further information about Morgan Stanley, please visit www.morganstanley.com.

City Of Philadelphia Launches Fastfwd; Challenges Entrepreneurs To Address Public Safety Issues

Philadelphia, October 30, 2013–  Mayor Michael A. Nutter officially launched FastFWD, an Urban Innovation Refinery, a partnership between the City of Philadelphia, GoodCompany Group, a social enterprise accelerator, and the Wharton Social Impact Initiative of the Wharton School of the University of Pennsylvania.  FastFWD, formerly known as the Philadelphia Social Enterprise Partnership, is an initiative that seeks to recruit and support entrepreneurs in developing solutions to urban challenges.  In its inaugural year, FastFWD will focus on public safety.

“Our Administration is committed to public safety, spending $1.8 billion last year on behalf of our citizens,” said Mayor Nutter.  “FastFWD is a unique approach to engage and utilize public-private partnerships and to encourage private sector to work with government in the public interest.  In FastFWD’s first cycle, our goal is to harness entrepreneurial talents, resources and innovative ideas to create solutions to the most pressing public safety challenges that our city, and other cities, face every day.”

FastFWD invites entrepreneurs to offer their most innovative public safety solutions, services and products for consideration.   Entrepreneurs that submit the most promising ideas will be given capital, development support and access to experts to help refine and implement their ideas.

“As cities face greater challenges with increasingly fewer resources, the need for entrepreneurial innovation has never been greater,” said Story Bellows, Co-Director, Mayor’s Office of New Urban Mechanics. “With the launch of FastFWD, we are calling on entrepreneurs to submit their brightest and boldest ideas for consideration.  We look forward to seeing the depth of talent and creativity they have to offer.”

Applications are due by December 20, 2013.

Ten finalists will be selected in spring 2014 to participate in an intensive, twelve-week accelerator program.  During the program, finalists will refine their proposal under the guidance of legal counsel, investors, industry experts and fellow entrepreneurs.  Finalists who enter the accelerator program will receive $10,000 stipends provided by FastFWD.

Upon completion of the accelerator program, the finalists’ proposals will be eligible for implementation as a fast-track funded pilot.

Professor Katherine Klein, Vice Dean for the Wharton Social Impact Initiative added, “Wharton Social Impact Initiative is thrilled to be helping the city in spurring entrepreneurial solutions to urban challenges. The FastFWD process represents a cutting-edge approach, linking business, city government and the University to create sustainable solutions.  There’s a palpable sense of excitement and optimism among all who are participating in this process, including the Mayor – a Wharton alum – and his team.” 

“Above all, FastFWD will offer entrepreneurs access. The program will provide access to the core problems, prioritizing and presenting them as target of entrepreneurial opportunity, said Garrett Melby, Founder and Managing Director, GoodCompany Group. “FastFWD will also provide access to expertise for entrepreneurs to refine their ideas with subject-matter experts, and hone their business model with finance experts from The Wharton School.”

In addition, the City announced that FastFWD will partner with Impact Hub on entrepreneur engagement and Code for America on procurement reform.

For more information on FastFWD, including applications, log onto http://fast-fwd.org

TRUVIA® BRAND LAUNCHES NEW SOCIAL MEDIA CAMPAIGN TO SUPPORT ITS “SHARING A SWEET FUTURE” INITIATIVE TO FIGHT CHILDHOOD HUNGER IN BOLIVIA

In the First Year of Program, the Truvia® Business, through the United Nations World Food Programme, Has Provided 34,705 Bolivian School Children With Nutritionally-Balanced School Meals

WAYZATA, Minnesota, October 16, 2013 – Today, the Truvia® brand announced a new social media campaign to support its “Sharing a Sweet Future” $1 million charitable initiative, launched in 2012 to help reduce childhood hunger in Bolivia. With 66 percent of the Bolivian population living in poverty, the Truvia® team has created a series of video stories on www.sharingasweetfuture.com to shine the spotlight on the everyday hardships experienced by many Bolivian communities. The brand is encouraging consumers to view and share these videos with friends and family on Facebook or Twitter using #SweetFuture in an effort to help grow support behind the initiative and raise awareness for the need to help combat childhood hunger. Every dollar donated by the Truvia® business feeds four kids.

“I had the privilege of spending time with families in Bolivia and seeing firsthand the daily obstacles some endure to feed their families.  As a result, the Truvia® team feels even more proud of our program, and wants to share these stories with our consumers,” said Matthew Jacobs, international business development manager of the Truvia® brand. “Through our videos, consumers will be able to share Bolivian stories, while also helping to support the children and families of Bolivia.”  

In the first year of its three-year partnership with the United Nations World Food Programme, the Truvia® business has helped feed 34,705 Bolivian school children twice daily with nutritionally-balanced school meals through its funding of vitamin-fortified vegetable oil. Truvia®donations were also used to build 68 fuel efficient stoves in rural schools.

Many of Bolivia’s children are consistently falling under the minimum daily caloric intake and suffering from nutritional deficiencies. “Sharing a Sweet Future” is helping to improve their lives and communities, through enhancing nutrition with micronutrient packets and decreasing health risks for familiesby establishing safer cooking conditions with clean stoves. The program will also continue to help build a sweeter future for Bolivian children in more ways than one, as enhanced nutrition motivates families to keep their children in school. By September of 2014, the Truvia® business will have provided school meals for 40,000 students, and an additional 70 fuel efficient stoves. 

“We are proud of and humbled by our participation in helping provide school meals to children in Bolivia—a region adjacent to where stevia originated,” said Mark Brooks, global business director of the Truvia® brand.  “With the impact we have already achieved in our first year, we look forward to continuing our relationship with WFP to establish sustainable, well-nourished communities in Bolivia.”

The “Sharing a Sweet Future” campaign is one element of the Truvia® brand’s comprehensive corporate responsibility program. As the leading stevia brand, the business is committed to sourcing responsibly, stewarding natural resources and working to improve communities.

About the Truvia® business

Truvia® natural sweetener is a great tasting, zero-calorie sweetener made with the best tasting part of the stevia leaf. Truvia® natural sweetener is #1 in its category of zero-calorie natural sweeteners in the U.S. and is also available to consumers in Europe and Latin America. Truvia® stevia leaf extract is also a versatile sweetening ingredient used to reduce calories and sugar in foods and beverages. The Truvia® business uniquely manages its stevia supply chain from Field to Table having established a global agricultural standard for stevia. For more information, visit www.truvia.com.

About Cargill

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 142,000 people in 65 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to applying its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business. Through its longtime, $14 million partnership with World Food Programme, Cargill is working to improve the health and nutrition of people in need around the world.  For more information, visit http://www.cargill.com/corporate-responsibility/food-security/index.jsp 

About World Food Programme

The United Nations World Food Programme (WFP) is the world’s largest humanitarian agency fighting hunger worldwide, reaching more than 97 million people in 80 countries with food assistance last year. World Food Program USA builds support for WFP through fundraising, advocacy and education in the United States. Learn more at: www.wfpusa.org.

U. of Utah James Lee Sorenson Global Impact Investing Center Partners with Sorenson Impact Foundation to Facilitate Five Program-Related Investments

SALT LAKE CITY (September 3, 2013) – The James Lee Sorenson Global Impact Investing Center (SGII Center) at the University of Utah’s David Eccles School of Business today announced results from their partnership with the Sorenson Impact Foundation (SIF) to facilitate five early-stage program-related investments totaling approximately $2 million. Completed in the first half of the year, the targeted impact investments will help early-stage entrepreneurs grow their social enterprises in industries ranging from solar energy and SME financing to affordable housing and fair trade clothing manufacturing.

“We are pleased with the progress the foundation has made in making program-related investments,” said Jim Sorenson, founder and chairman of the board of directors of the SIF. “For a variety of reasons, there are limited amounts of risk capital going to support companies of social impact to bridge the gap between purely philanthropic and commercially oriented capital. The SGII Center has played a catalytic role in helping to address such issues and facilitate these program-related investments.”

Created in January 2013, the SGII Center helps facilitate participation in the growing field of impact investing by training students through experiential learning to work directly with clients that include social enterprises, corporations, family offices, impact funds and private family foundations. The recent impact investments selected by SIF were sourced, screened, vetted and structured by teams of students focusing on each of the companies’ potential to produce sustainable and scalable social impact.

“These investments will serve to close funding gaps, helping social enterprises to prove out their businesses, with the additional benefit of cultivating impact investing expertise in students,” Sorenson said.  “I hope that our efforts will accelerate the growth of the sector at-large and help lead to improved societal change on a global scale.”

SGII Center students work to address both the supply and demand barriers to impact investing through a broad range of services offered. Students often travel to locations around the world to help prime businesses for capital infusion by providing early-stage services, as well as continued post investment support and assistance in measurement and monitoring of social impact. The SGII Center is focused on providing early stage resources to the sector at a time when there is growing demand yet very few options available to help early stage social enterprises.

“With these investments, we have shown the ability to provide the infrastructure support for investors and enterprises to help lower hurdles and allow for engagement from foundations and impact investors across a range of sectors. We were in a unique position to help SIF reach a broader investment base and execute investments at a pace that most others in the space are not able to achieve,” said Lewis Hower, director of the SGII Center. “Our key focus as a center is to increase the engagement of foundations and early stage impact investors to facilitate scalable and sustainable impact investments in promising social enterprises while providing students a unique and rewarding experiential education and career path.”

The following companies received investments from the Sorenson Impact Foundation:

Copia – Kenya-basedconsumer catalog and rural distribution company

Kinara Capital – India-based financing company for micro and small enterprises

Liberty & Justice – Fair-trade apparel manufacturing company with offices in Liberia and Ghana

Simpa Networks – India-based pay-as-you-go solar financing company

World Haus – India-based affordable housing construction company

“These funds will prove instrumental in advancing our mission to transform the apparel supply chain in Africa from worker exploitation and environmental degradation to partnership and sustainability,” said Chid Liberty, CEO and co-founder of Liberty & Justice. “With this show of faith by SIF, we can train and employ more women in the garment industry and help them become truly self-sufficient in these poverty-stricken nations.”

“The opportunity to play an active role in combating these crucial societal issues is very rewarding,” said Brandon Koch, a student studying finance and computer science at the David Eccles School of Business who spent three months in India working for Kinara Capital. “The hands-on experience I gained at the SGII Center has been invaluable, and I look forward to continuing to apply these skills in the real world to create sustainable change.”

Global Citizens Demand Company Involvement In Natural Disaster Relief

BOSTON (August 21, 2013) – As communities around the world continue to recover from natural disasters on epic scales, citizens look to companies – not just governments or aid organizations – to provide critical relief assistance. According to the 2013 Cone Communications Disaster Relief Trend Tracker, nearly nine-in-10 (87%) global consumers believe companies must play a role in natural disaster response – in part because the majority (69%) thinks corporations are better able to effectively respond.

Providing Aid Beyond the Check

Surveying more than 10,000 citizens in 10 countries, including the United States, Canada, Brazil, the United Kingdom, Germany, France, Russia, China, India and Japan, the 2013 Cone Communications Disaster Relief Trend Tracker reveals a near-universal demand for meaningful corporate aid beyond providing funds:

  • 89% of global citizens think companies should leverage their unique assets to lend support to affected communities (such as mobile response units, in-kind donations and employee volunteers)
  • 87% wants companies to play a long-term role in relief efforts, not just immediate recovery

“It can’t be a case of ‘if’ companies contribute to natural disaster recovery efforts; it must be a question of ‘how,’” says Craig Bida, executive vice president – Social Impact,Cone Communications. “Regardless of geography, citizens are looking to companies – even more so than government agencies – to create and implement real, on-the-ground solutions to acute and urgent needs. Consumers in communities have been burned by slow reaction times or inadequate resources in past relief efforts. What our research has documented is a citizen call for help that corporations simply cannot ignore.”

Consumers Ready to Lend Hands and Hearts

Consumers stand ready to work alongside companies toward relief efforts and will reward those caring companies with a strong brand halo. More than half (54%) of global citizens say they have already joined corporate disaster relief efforts, while nine-in-10 global citizens have a more favorable impression of a company after learning that it supports disaster recovery.

Country-Specific Insights

Corporate participation in disaster relief efforts is particularly critical in China, one of the most disaster-plagued areas in the world[1]. Citizens here express a near-unanimous desire for company involvement in relief efforts (96% vs. 87% global average). They are also exceptionally primed for participation efforts, with more than three-quarters reporting they have already contributed to corporate disaster relief activities (78% vs. 54% global average).

Similarly, citizens in both India and Japan are still recovering from recent natural disasters, such as flooding in the North Indian state of Uttarakhand and the massive Fukushima earthquake in Japan. Citizens in these countries were significantly more likely to perceive companies as better equipped than government to respond to disasters (85% and 80%, respectively, vs. 69% global average).

“As natural disasters seem to increase in intensity and frequency, company involvement in relief and recovery becomes even more crucial,” Bida says. “But companies must think strategically about how to leverage their resources for the greatest impact through taking stock of resources and vetting potential partners. When lives are at stake, every dollar counts.”

As companies work to develop both immediate and long-term relief programs, Cone Communications offers the following five tips to best support efforts:

1.     Look beyond the check: Although cash donations can give disaster nonprofits a much needed monetary injection to meet urgent needs, the most effective relief efforts don’t always come in the form of dollar contributions. Companies that leverage unique assets – such as products, technology or networks – can often make significant impact when it comes to recovery and restoration efforts. Companies can also work to secure an enduring NGO partnership to ensure relief supplies can be quickly delivered across the globe.

2.     Do your due diligence: In the age of crowdsourced donations and online giving, it’s even more vital to choose nonprofit partners wisely. When initially selecting a partner, make sure the nonprofit can also make a long-term commitment to relief and rebuilding efforts and that the organization is prepared to report and communicate on the progress and impact of programs.

3.     Engage your stakeholders: Company stakeholders, including employees and consumers, often want to take part in corporate relief efforts. Companies should not only provide channels for stakeholders to donate to relief efforts, but also make short- and long-term volunteer and giving opportunities available as appropriate.

4.     Communicate efforts externally and appropriately – and don’t forget about social:No company wants to appear exploitative during a disaster. At the same time, companies that fail to communicate may be criticized for neglecting to contribute. To ensure transparency, companies should issue brief, facts-only news releases and leverage social media as a way to disperse critical fundraising and relief information during disasters.

5.     Don’t give and run: Just because a disaster is no longer in the headlines, doesn’t mean recovery is over. Although immediate relief needs are real and pressing, long-term rebuilding is a critical component of disaster efforts. Companies should be prepared to be involved for the long-haul, offering essential support for reconstruction.

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