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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.

Interface, Inc. Announces Commitment to Action to Expand Net-Works™ At Clinton Global Initiative

In partnership with Zoological Society of London, Expanding Inclusive Business for Net Social, Environmental & Financial Impact

(SEPT. 23, 2014) — Atlanta-based Interface, Inc. (Nasdaq: TILE), the world’s largest modular carpet manufacturer, announced today at the 2014 Clinton Global Initiative (CGI) Annual Meeting, its commitment to expanding Net-Works™ in partnership with Zoological Society of London (ZSL). Net-Works is an innovative, cross-sector collaboration designed to tackle the growing environmental problem of discarded fishing nets in some of the world’s poorest coastal communities, while at the same time supporting one of the company’s ambitious Mission Zero® goals to source 100% recycled nylon. Today, the program is established in rural coastal areas in the central Philippines (including the Bantayan Islands and Danajon Bank, one of only six double-barrier reefs in the world).

With the CGI Commitment to Action, the team announces that Net-Works will be expanded, with a new net collection hub in the Lake Ossa region of Cameroon, and in two additional hubs anticipated over the next three years.

“Inclusive business is about finding ways to have a net positive impact on social and environmental issues while still minding the bottom line,” said Nigel Stansfield, chief innovations officer for Interface. “We are challenging the status quo to reimagine our supply chain in a way that improves our ability to source recycled content, while simultaneously cleaning up oceans and lakes and lifting people from poverty. It’s ambitious, and it’s working.”

Over the last 18 months, Net-Works hubs have collected in excess of 38,600 kg (85,000 lbs.) of discarded fishing nets, helping 4,500 villagers in communities in the Philippines to earn supplemental income equal to 84,000 additional meals. It is anticipated that over the next three years, Net-Works will support and strengthen over 500 hectares of community-based Marine Protected Areas (MPAs) in Net-Works regions, thereby helping to restore the biodiversity of the aquatic ecosystems.

Gathered nets are recycled by Italian yarn manufacturer Aquafil in their ECONYL® Regeneration System into nylon yarn that Interface uses to produce carpet tile.

Dr. Heather Koldewey, head of global conservation programs for Zoological Society of London, said: “We believe Net-Works is both scalable and replicable, and we also commit at CGI to develop the Net-Works infrastructure so that it can become a free-standing, financially viable program independent of Interface and ZSL.” To that end, a Net-Works tool kit will be released in first quarter of 2015, a field guide that will help additional partners set up Net-Works collection hubs in pursuit of inclusive business.

Net-Works Background

In poor Philippines coastal villages in and around Danajon Bank where marine life and reefs are endangered, fishermen gather and bundle discarded nylon nets (which would otherwise last for 600 years) for shipment to yarn supplier Aquafil, which developed certain nylon recycling technology. In these villages, 892 households (4,460 people) have engaged with the program and can now:

  • recycle their nets to earn extra income;
  • access financial services through self-run community banks, so they can take out micro-loans for education and business ventures and have secure savings; and
  • be empowered to clean beaches of old nets and ensure no more nets are discarded on the beach or in the water.

So far, more than 85,000 lbs. have been collected from these villages; laid end to end, those nets would stretch 90% of the way around the world.

One important aspect of Net-Works is that it gives women an equal opportunity to participate and receive an additional source of income from net collection, making them integral, decision-making members of the community banking systems developing as a result of this program. Net-Works does not employ children directly (or any of the villagers), although many of the village children participate with their family members in “beach clean ups” to collect nets and learn about conservation.

Professor Stuart Hart of Cornell University, a leading authority on the implications of environment and poverty on business strategy, says, “Net-Works is a win environmentally, a win socially … and to me that’s the gold standard.”

In 2014, ZSL received nearly $1 million in two three-year grants from the Darwin Initiative, a U.K. government funding program that helps countries with rich biodiversity but poor financial resources to meet their objectives. The grants will help adapt the Net-Works model in Cameroon’s Lake Ossa Wildlife Reserve, an important refuge for West African manatees and other freshwater species, as well as provide vital support to expand the current net collection infrastructure in the Philippines.

About Interface

Interface, Inc. is the world’s largest manufacturer of commercial carpet tile. It’s founder, Ray C. Anderson, served as co-chair of the President’s Council on Sustainable Development during President Clinton’s administration, from 1997-1999. For 41 years, the company has consistently led the industry through innovation, and now leads the industry in environmental sustainability. It is setting the pace for development of modular carpet using materials and processes that take less from the environment, and is well along the path to “Mission Zero,” a 20-year-old company-wide promise to eliminate any negative impact it has on the environment by the year 2020. Interface’s worldwide carpet manufacturing facilities maintain third party registration to the ISO 14001 Environmental Management System standard, and the company obtained the first-ever Environmental Product Declaration (EPD) for the commercial floor covering industry in North America. The company is recognized globally for its commitment to build environmental considerations into its business decisions. For additional information visit www.interface.com.

About ZSL

Founded in 1826, the Zoological Society of London (ZSL) is an international scientific, conservation and educational charity whose mission is to promote and achieve the worldwide conservation of animals and their habitats. Our mission is realized through our groundbreaking science, our active conservation projects in more than 50 countries and our two Zoos, ZSL London Zoo and ZSL Whipsnade Zoo. For more information visit www.zsl.org.

About the Clinton Global Initiative

Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 180 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 2,900 commitments, which are already improving the lives of more than 430 million people in over 180 countries.

CGI also convenes CGI America, a meeting focused on collaborative solutions to economic recovery in the United States, and CGI University (CGI U), which brings together undergraduate and graduate students to address pressing challenges in their community or around the world. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.

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National Geographic Channel Selects 10 Next-Generation Explorers As Expedition Granted Finalists

From Health Care to the Environment to Bio-Energy, 10 Finalists Have Defined Their Ultimate Dream Expeditions for Public Consideration

One Winner Ultimately Selected by Public Votes Will Receive $50,000 to Fund Expedition; Vote Now at ExpeditionGranted.com 

(WASHINGTON, D.C. — September 16, 2014) It’s a new era in exploration, as exemplified by the 10 Expedition Granted finalists selected by National Geographic Channel (NGC). In this socially fueled competition to find the next generation of explorers, one would-be Indiana Jones is a step closer to being granted a $50,000 dream expedition. The nationwide competition was developed in partnership with the National Geographic Society, 21st Century Fox and sponsors the Jeep brand and Dos Equis. The public is encouraged to vote for the winner at www.ExpeditionGranted.com now through Monday, Sept. 29.

Launched in June, Expedition Granted received more than 700 entries via Web videos outlining innovative exploration projects in science, technology, conservation, adventure, arts and beyond. The program’s goal is to democratize the concept of exploration to show that in the 21st century, explorers can come from all backgrounds and disciplines and anyone with curiosity and passion can be an explorer. The winner will be announced Tuesday, Sept. 30, 2014, and, in addition to the $50,000 prize, will be highlighted in an on-air promo on NGC.

The 2014 Expedition Granted Finalists include:

Bhutan: Mega-Floods and Melting Ice
Daniel Byers: Climate Change Avenger
Cambridge, MA
“Telling the story of Bhutan’s glacial lake outbursts as a visual symbol of climate change to help protect people and the environments in which they live.”
http://expeditiongranted.nationalgeographic.com/project/bhutan-mega-floods-melting-ice/

Changing a Culture to Save Rhinos From Extinction
Kim Putman: Rhino Protector
Santa Monica, CA
“Want to end poaching and save rhinos from becoming extinct? Let’s change how Asian cultures view Rhino horn.”
http://expeditiongranted.nationalgeographic.com/project/changing-a-culture-to-save-rhinos-from-extinction/

Girl With a Book
Lena Shareef: Girl’s Education Champion
Silver Spring, MD
“12 countries. 12 months. 2 women take #GIRLWITHABOOK abroad and document great folks breaking barriers for girls and education.”
http://expeditiongranted.nationalgeographic.com/project/girlwithabook/

Get Pumped Up About Nature
Charlie Engelman: Nature Filmmaker
Northfield, IL
“Educational nature media’s new look: Extreme tree climbing + paramotoring + coolest trees in the world = awesomeness.”
http://expeditiongranted.nationalgeographic.com/project/get-pumped-about-nature-a-new-film-series-for-a-ne/

Inside a Volcano
Carolyn Parcheta: Volcanologist
Denver, CO
“Let’s map a volcanic conduit system with a wall-climbing robot. It’s never been done before, but it’s not impossible!”
http://expeditiongranted.nationalgeographic.com/project/inside-a-volcano/

Our Glowing Earth
Josh Garcia: Glow Hunter
Los Angeles, CA
“Sparkling blue squid, giant fireflies and glowing termite mounds are unlocking secrets to the future of technology and medicine.”
http://expeditiongranted.nationalgeographic.com/project/our-glowing-earth-a-3-part-expose-on-worlds-most-m/

Poop Out of Poverty
Emily MacNintch: Poop Master
Honolulu, HI
“We want to bring bio-toilets to areas in need to improve health, provide energy and compost, and foster local businesses.”
http://expeditiongranted.nationalgeographic.com/project/poop-out-of-poverty/

Rig2Reef Exploration
Amber Jackson: Rig2Reef Explorer
Laguna Beach, CA
“Investigating the possibility of transforming oil rigs that are no longer in use into underwater reefs.”
http://expeditiongranted.nationalgeographic.com/project/rig2reef-exploration/

Sharing America’s Bone Marrow
Alex Kimura: Hero Seeker
Louisville, KY
“Turning Americans into heroes, one marrow donor at a time. A 50-state quest to change the outcomes for people with cancer.”
http://expeditiongranted.nationalgeographic.com/project/sharing-americas-marrow-sam/

Through the Surface
Clinton Edwards: Surfer Scientist
Ojai, CA
“Follow @thruthesurface to study #surfing’s most famous #reefs for #oceanconservation #coralhealth and #globalcitizenship.”
http://expeditiongranted.nationalgeographic.com/project/through-the-surface/

“The passion and ingenuity that went into the hundreds of videos submitted for consideration were truly inspiring,” said NGC CEO Courteney Monroe. “The 10 selected finalists really embrace our vision of pushing boundaries and forging new paths with their thoughtful submissions. We welcome the public votes to help narrow down our ultimate winner and 2014 Expedition Granted Explorer.”

image

Finalists were selected based on their project’s originality, ability to make an impact on the local and/or global community and viability. Expedition Granted advisors include NGC Brain Games host Jason Silva, online filmmaker Casey Neistat, chef Wylie Dufresne, psychiatrist and aeronaut Bertrand Piccard, author and science evangelist Ainissa G. Ramirez, director and artist Kenzo Digital, musician and producer Thomas Dolby, journalist and explorer Thayer Walker, futurist and social scientist Marina Gorbis, multidisciplinary artist and entrepreneur Raghava KK and outdoorsman Gregg Treinish.

For more information, visit ExpeditionGranted.com and follow us on social media at #expeditiongranted.

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Celebs & Musicians Join Headcount For Massive Social Media Campaign Urging Fans And Followers To Register To Vote

WASHINGTON, DC – Ahead of the 2014 midterm elections, hundreds of musicians and entertainers are teaming up with HeadCount, a non-partisan civic engagement organization that targets young voters, to stage a massive effort to register and turn out voters. Their message – delivered via concerts and a barrage of photos posted on social media – is that you have to vote more than once every four years to have a thriving democracy.

On Tuesday, September 23rd, National Voter Registration Day, musicians and entertainers – including Linkin Park, Dave Matthews, Sarah Silverman, Weird Al, Ed Norton, Jason Mraz, Russell Simmons, T.I.. Pearl Jam, George Lopez and many many more – will use their social media platforms to post photos of themselves holding HeadCount’s “Register to Vote” clipboards, with links to an online voter registration form. The participants have a collective reach of more than 500 million Facebook fans and Twitter followers.

VIEW CELEBRITY PHOTOS HERE:
https://www.facebook.com/media/set/?set=a.10152367005276279.1073741882.8382221278&type=3

“Voting has too often been associated with divisive partisan politics, so it’s no surprise that many young people might sit out the Midterm Elections,” said Andy Bernstein, executive director of HeadCount. “We aim to make Election Day more of a cultural event, one that’s about participation and self-expression.”

“HeadCount attracts musicians and celebrities by creating a non-partisan framework through which they can spread a positive message without promoting any particular party or candidate,” added Bernstein.

In a recent Harvard Institute of Politics poll, only 23 percent of eligible young voters said they definitely plan to cast a ballot this year.

VIEW THE HARVARD POLL HERE: http://www.iop.harvard.edu/Spring-2014-HarvardIOP-Survey

In addition to the online social media campaign, HeadCount is holding voter registration and turnout drives at more than 600 concerts this year, currently touring with The Black Keys, Kings of Leon, Linkin Park, Jason Mraz, Tom Petty and Rise Against, following a stint on summer tours by JAY Z and Beyonce, Nine Inch Nails, and Phish. In all, HeadCount has set up voter registration and turnout drives with 51 different touring artists this year, an effort that involves more than 1,500 volunteers all across the country.

 

VIEW HEADCOUNT’S EVENT CALENDAR HERE: http://www.headcount.org/events/

HeadCount’s goal is to register 25,000 voters and reach millions more with the get-out-the-vote message. The campaign will culminate on Election Day, when the musicians and celebrities post photos of themselves holding artwork that says “#GoVote,” with a link to a polling place finder and other voter information.

Peloton Announces Social Good Promise with World Bicycle Relief Partnership

For every Peloton bike sold, a portion of profits is donated to World Bicycle Relief to provide bikes in developing communities

New York, NY (September 17, 2014): Peloton, the only at-home fitness solution for live and on-demand indoor cycling classes, announced today a partnership with World Bicycle Relief (WBR), a 501c3 nonprofit that provides bikes to help people prosper. With the company’s new commitment to social good, for every Peloton bike sold, Peloton will donate a portion of proceeds to World Bicycle Relief to provide bikes to those in need.

“Both Peloton and World Bicycle Relief were born from a common desire to use a bike as a way to better the world,” stated Evan Freed, Director of Social Giving at Peloton. “As we continue to grow, we believe it is important to support those in need through our partnership with World Bicycle Relief. We are excited to welcome WBR into the Peloton family and improve so many people’s lives with the help of our global community.”

Peloton’s partnership with World Bicycle Relief will help the nonprofit meet the growing demand for high-quality bicycles in the developing world. The additional support from Peloton will improve access to education, healthcare and economic opportunity. The bikes increase carrying capacity and accessible travel distance while decreasing the time it takes to commute to schools, clinics and markets.

“All of us at World Bicycle Relief are very excited for the partnership with Peloton. Peloton and WBR both understand that a bicycle can be a tool to improve people’s lives and it’s so rewarding to see that Peloton wants to give back – and make an impact via that tool – to the communities that WBR serves in rural parts of the world,” said Katie Bolling, Director of Corporate Partnerships at World Bicycle Relief. “We look forward to mobilizing thousands of more people through the Power of Bicycles in thanks to Peloton’s commitment to our mission.”

Peloton bikes are currently sold in 8 retail locations across the United States including: Garden State Plaza and Short Hills Mall in New Jersey; The Westchester Mall in White Plains, New York; Main Street in East Hampton, New York; The Natick Mall in Boston, Massachusetts; Tysons Corner, VA; and Century City Mall in Los Angeles. Bikes are also available online at PelotonCycle.com.

To learn more about Peloton’s partnership with World Bicycle Relief, visit Peloton’s Social Purpose page.

About Peloton

Founded in 2012, Peloton has transformed the at-home fitness experience by creating a bike that merges high-design with modern technology to provide access to live streaming and on demand classes by top instructors. In the spring of 2014, Peloton opened a flagship studio in Chelsea to offer riders the opportunity to experience their favorite classes in-person. With a state of the art studio, the best instructors and content distribution, Peloton delivers an efficiently intense workout that motivates, while positively changing the mind and body. Current retail locations include: Garden State Plaza and Short Hills Mall in New Jersey; The Westchester Mall in White Plains, New York; Main Street in East Hampton, New York; The Natick Mall in Boston, Massachusetts; Tysons Corner, VA; and Century City Mall in Los Angeles. For more information, visit: http://www.pelotoncycle.com

About World Bicycle Relief

World Bicycle Relief is dedicated to mobilizing people through The Power of Bicycles®. World Bicycle Relief accomplishes its mission by designing and distributing high quality bicycles that withstand the challenging conditions in rural Africa. Since 2005, World Bicycle Relief has distributed 200,000 bikes in developing countries around the world with a focus on rural Africa. Entrepreneurs use the bikes to increase productivity and profits. Students with bikes attend class more regularly which improves performance and graduation rates. And, health care workers visit more patients in less time, providing better, more consistent care. For more information visit: http://www.worldbicyclerelief.org/

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Population and Wealth of U.S. High Net Worth Individuals Reaches Record Levels as Wealth Creation Expands Beyond East and West Coasts

New U.S. Wealth Report reveals wealth in technology and energy-centric cities is on the rise

New York, Minneapolis, September 18, 2014 – A continued economic recovery, strong equity market performance, rising real estate values, and an “energy renaissance” that pushed U.S. oil production to its highest levels in over 20 years, boosted the population and wealth of High Net Worth Individuals (HNWIs)1 in the U.S. to record levels in 2013, according to the U.S. Wealth Report 2014 released today by Capgemini and RBC Wealth Management. The population of U.S. HNWIs jumped 17 percent to 4 million and their investable wealth by 18 percent to reach $13.9 trillion. Growth rates of both the HNWI population and HNWI wealth in the U.S. exceed the global averages of 15 percent and 14 percent respectively.

“Steady GDP growth, reduced unemployment, a falling deficit, and an energy renaissance boosted investor confidence and energized risk appetites in 2013,” said John Taft, Chief Executive Officer, RBC Wealth Management – U.S. “These factors contributed to record wealth levels in the U.S. Over the last five years, some of the strongest growth in wealth occurred in the energy and technology-centric cities of Dallas, Houston and San Jose, indicating that a broader mix of geographies and industries is driving wealth creation in the U.S.”

Twelve Cities Are Home to the Majority of U.S. HNWIs

Growth in U.S. HNWI wealth was driven by the top 12 cities 2 by HNWI population – New York, Los Angeles, Chicago, Washington D.C., San Francisco, Boston, Philadelphia, Houston, San Jose, Dallas, Detroit, and Seattle – which are home to more than two-thirds (69 percent) of U.S. HNWIs and three-quarters (75 percent) of U.S. HNWI wealth.

1 HNWIs are defined as those having investable assets of US$1 million or more, excluding primary residence, collectibles, consumables, and consumer durables.
2 “Cities” refers to Metropolitan Statistical Areas (MSAs), which are geographic entities defined by the U.S. Office of Management and Budget (OMB) which generally include the named city as well as many important neighboring counties.

While New York still reigns, holding almost three times more HNWIs (at 894,000) and wealth ($3.2 trillion) than second-ranked Los Angeles (at 330,000; $1.2 trillion), it recorded the second lowest growth rate (12 percent) in HNWI population of the top 12 MSAs, ranking only slightly higher than Detroit (11 percent).

Tech and energy-centric cities increasingly leading HNWI population and wealth growth

The Texas cities of Dallas and Houston were stand-outs, leading in both HNWI population growth – at 20 percent and 18 percent respectively – and wealth growth, at 24 percent and 22 percent respectively. In fact, Dallas entered into the top 10 HNWI population centers for the first time, edging out Detroit.

While HNWI wealth remains mostly concentrated along the East and West coasts, the report notes that, between 2008-2013, three of the four fastest-growing cities in HNWI population and wealth have been those with ties to energy – in the case of Dallas and Houston, and technology – in the case of San Jose, pointing to a new pattern of HNWI wealth creation in the U.S.

Greater risk-taking supported by surging trust in wealth industry

According to the report’s Global HNW Insights Survey3, U.S. HNWIs’ trust in all aspects of the wealth management industry surged by double-digit rates between early 2013 and early 2014. Trust in wealth managers and firms increased 12 percentage points each to 84 percent and 87 percent respectively, putting U.S. HNWIs well above their peers in the rest of the world4 (71 percent and 72 percent respectively).

Increased trust supported a greater appetite for risk, with allocations to alternative investments up by four percentage points to 13 percent of portfolios, while equity allocations remained the highest across the globe at one-third of portfolios (and up to 41 percent in Washington D.C., highest in the U.S.). U.S. HNWIs were also more inclined to invest beyond North American borders, with their international allocations up to 33 percent in early 2014 from only 20 percent of portfolios a year earlier. This trend was particularly driven by HNWIs aged under 40 who invested 53 percent of their wealth in foreign markets.

Despite increased trust in wealth managers, HNWIs’ assessment of wealth manager performance dropped by six percentage points to 73 percent, though remains much higher than the rest of the world average of 59 percent. Declining scores signal opportunities for firms to reposition their offerings to meet specific HNWI preferences, especially for HNWIs under 40 versus their counterparts aged 60 and over.

Younger HNWIs are more likely to classify their needs as complex (38 percent vs. nine percent), seek family wealth advice (35 percent vs. 13 percent) and demand digital (internet, mobile, email) contact over direct personal contact (39 percent vs. 15 percent).

3 The Capgemini, RBC Wealth Management, and Scorpio Partnership Global HNW Insights Survey 2014 queried more than 4,500 HNWIs across 23 major wealth markets in North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. A total of 1,080 HNWIs were surveyed in the U.S. across 19 MSAs: Atlanta, Baltimore, Boston, Chicago, Dallas, Denver, Detroit, Houston, Los Angeles, Minneapolis, New York, Philadelphia, Pittsburgh, Portland, San Diego, San Francisco, San Jose, Seattle, Washington D.C.

4 The Rest of the World, excludes data from the U.S., and includes data from the 22 other countries covered in the report: Australia, Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Singapore, Spain, Switzerland, U.S., United Kingdom, Brazil, China, India, Indonesia, Malaysia, Mexico, Russia, South Africa, and United Arab Emirates.

Given the strong preference for digital interactions, wealth management firms will need to take proactive steps to meet increasing demands in this area.

“There is great opportunity for wealth management firms to reposition and strengthen their offerings in response to declining performance scores,” said Jean Lassignardie, Chief Sales and Marketing Officer, Capgemini Financial Services. “One way to respond to clients is by developing an integrated channel experience that not only maintains their wealth manager relationship but enhances it through digital enablement.”

As U.S. HNWIs expressed a pronounced preference to work with a single firm (54 percent vs. 11 percent multiple firms), firms that work with them will need to continue to deliver against the specific needs of their clients to drive high satisfaction levels.

Younger and female HNWIs could signal shift in causes supported by U.S. wealth

Making a positive impact on society through investing time, money or expertise is important to the vast majority (88 percent) of U.S. HNWIs and extremely or very important to 56 percent. HNWIs under 40 are particularly focused on driving social impact, with 81 percent citing driving social impact as extremely or very important.

Younger HNWIs also favor different causes than their older peers (aged 60 and over), citing social programs, race relations, gender inequality, energy security and unemployment as their top five priorities, while their older counterparts favor child welfare, education, and health. Given the rising wealth among younger HNWIs, there could be a shift in the types of social issues that get the most attention in the U.S. moving forward.

Female HNWIs are likely to have a greater influence on driving social impact going forward. As with younger HNWIs, female HNWIs place great value on driving social impact, with 62 percent citing it as extremely or very important, compared to 50 percent of male HNWIs.

View the report at www.us-wealthreport.com.

About Capgemini

With almost 140,000 people in over 40 countries, Capgemini is one of the world’s foremost providers of consulting, technology and outsourcing services. The Group reported 2013 global revenues of EUR 10.1 billion. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.

About Capgemini’s Financial Services Global Business Unit

Capgemini’s Global Financial Services Business Unit brings deep industry experience, innovative service offerings and next generation global delivery to serve the financial services industry. With a network of 24,000 professionals serving over 900 clients worldwide Capgemini collaborates with leading banks, insurers and capital market companies to deliver business and IT solutions and thought leadership which create tangible value. Our wealth management practice can help firms from strategy through to implementation. Based on our unique insights into the size and potential of target markets across the globe, we help clients implement new client strategies, adapt their practice models, and ensure solutions and costs are appropriate relative to revenue and profitability expectations. We further help firms develop, and implement the operational infrastructures— including operating models, processes, and technologies—required to retain existing clients and acquire new relationships. Learn more about us at www.capgemini.com. Learn more about our Wealth Management solutions at www.capgemini.com/financialservices.

About RBC Wealth Management

RBC Wealth Management is one of the world’s top five largest wealth managers*. RBC Wealth Management directly serves affluent, high-net-worth and ultra-high net worth clients in Canada, the United States, Latin America, Europe, the Middle East, Africa, and Asia with a full suite of banking, investment, trust and other wealth management solutions. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has more than C$700 billion of assets under administration, more than C$442 billion of assets under management and approximately 4,400 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com

*Scorpio Partnership Global Private Banking KPI Benchmark 2014. In the United States, securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. Member NYSE/FINRA/SIPC.

About RBC

Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 40 other countries. For more information, please visit rbc.com.

RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2013, we contributed more than $104 million to causes worldwide, including donations and community investments of more than $69 million and $35 million in sponsorships. Learn more at www.rbc.com/community-sustainability.

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Ad Council to Implement Mobile Marketing Programs In-House For the First Time

Mobile Commons’ platform to provide text messaging to encourage parents to help improve children’s oral health and promote financial literacy among young adults

NEW YORK, September 16, 2014 – The Ad Council, the largest producer of public service campaigns in the U.S., announced today a new partnership with Mobile Commons, a leading mobile communications company, that will enable the Ad Council to develop mobile strategy and implement texting programs in-house for the first time in the organization’s 72-year history. The mobile efforts are beginning with two national campaigns – Children’s Oral Health and Financial Literacy– and will be promoted via campaign public service ads (PSAs) and other communications channels.

The Ad Council produces more than 40 national public service campaigns in partnership with non-profit organizations and federal government agencies annually. The campaigns address issues in the areas of health, education, safety and community involvement.

“We know that our campaign target audiences are highly engaged in texting. Mobile Commons’ platform will provide a meaningful way to establish an ongoing dialogue and provide them with the education and motivation they need,” said Peggy Conlon, president and CEO of the Ad Council. “I look forward to what we can achieve on behalf of so many critical issues.”

Initially, the PSA campaigns will utilize text messaging and segmentation to gather mobile user data such as demographics, age and personal interests. Through Mobile Commons’ platform, the mobile users can sign-up to receive text messages straight to their phone reminding them to maintain healthy brushing habits with their kids or save money, respectively. Both campaigns are further enhanced by the inclusion of a crafted persona. Users will meet Oral Health’s “Joy” and Financial Literacy’s “Ben;” both of whom help to brand and personalize the texter’s experience:

  • Children’s Oral Health: The Ad Council’s mobile program will engage parents and their kids in a fun and creative brushing challenge that supports the campaign’s main goal of encouraging parents to make sure their children brush their teeth for two minutes, twice a day. PSAs promoting the program will appear in donated print and outdoor advertising, and the program will be promoted on the campaign website and through collateral materials.
  • Financial Literacy: Developed in partnership with the American Institute of CPAs (AICPA), the campaign aims to empower young adults between 25 and 34 to take control of their finances and to begin planning for their financial futures today. The campaign’s mobile marketing program will share tips, quizzes, tools and resources to help these young adults get started on the path to financial stability and meet their personal short- and long-term financial goals.

The success of these campaigns will be gauged by user retention, opens, click-through rates, and hearing from users if they have brushed or saved. Additional mobile programs will be rolled out by the Ad Council later this year.

“We’re excited to work with the Ad Council to help increase the impact of their important campaigns,” says Jed Alpert, CEO of Mobile Commons. “Because a text message is a tiny, bite sized chunk of text, it has the power to takes social issues that seem overwhelming and break them down into more manageable stages. The cumulative effect of this is that over time, people don’t feel as overwhelmed by the issue and can instead address it on a step-by-step basis.”

About the Ad Council

The Ad Council is a private, non-profit organization with a rich history of marshaling volunteer talent from the advertising and media industries to deliver critical messages to the American public. Having produced literally thousands of PSA campaigns addressing the most pressing social issues of the day, the Ad Council has affected, and continues to affect, tremendous positive change by raising awareness, inspiring action and saving lives. To learn more about the Ad Council and its campaigns, visit adcouncil.org, like us on Facebook.com/adcouncil, follow us on Twitter @adcouncil or view our PSAs on YouTube.

About Mobile Commons

Mobile Commons is a mobile strategy and software company that is the technology behind today’s most effective mobile messaging campaigns. We work with some of the biggest brands, government agencies, healthcare groups, and nonprofit organizations in the country, transforming the way that our society uses mobile to communicate. Our customers achieve extraordinary results, including Obama 2012, New York City, New York MTA, Viacom, Tumblr, National Cancer Institute, Humane Society of the United States and many more. To learn more about Mobile Commons, visit us online at www.mobilecommons.com or follow us on Twitter @mobilecommons.

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Live Like Bella Foundation Announces “Live Like Bella” Pavilion At Miami Children’s Hospital

The Live Like Bella Pavilion at Miami Children’s Hospital is an $8.5 million project that will serve as a temporary housing facility for families of children undergoing treatments

September 17, 2014 – Miami, FL – On the heels of a much anticipated first annual “Bella’s Ball” presented by Tutti Bambini this past Saturday, Sept. 13, the Live Like Bella™ Foundation proudly announced the creation of the Live Like Bella Pavilion at Miami Children’s Hospital, which will offer temporary lodging for families of children receiving inpatient care at the hospital.

The Live Like Bella Pavilion is an $8.5 million project that will consist of a four-story building, inscribed with the words Live Like Bella written in red, childlike handwriting and a smiling sun. The building housed on the Miami Children’s Hospital main campus is expected to be completed by mid-2018.

Raymond Rodriguez- Torres, father of Bella Rodriguez-Torres, made the announcement alongside Lucy Morillo, president and CEO of Miami Children’s Health Foundation, unveiling a preliminary rendering of the Live Like Bella Pavillon on stage before nearly a thousand guests. During the program, Rodriguez-Torres also shared with the audience key medical information pertaining to Bella’s six-year battle against Rhabdomyosarcoma – an aggressive form of childhood cancer. After explaining the difficult and ultimately very tragic end to her fight, he presented new, exciting medical research information that will bring them one step closer to finding a cure.

“We are incredibly thankful to the Live Like Bella™ Foundation for coming together for the children through the Bella’s Promise partnership, in support of Together for the Children, The Campaign for Miami Children’s Hospital (MCH),” said Lucy Morillo, president and CEO of Miami Children’s Health Foundation. “The Live Like Bella™ Pavilion will allow our patient families to find the comfort and support they need to reduce the stresses of being far from home.”

“Bella” captured the hearts of millions. Although she passed away at the age of 10 on May 28, 2013, she inspired a movement, leaving behind an undeniably strong legacy, and urging people to #LiveLikeBella. Tomorrow Bella’s legacy will not only be felt, and remembered, but seen via the recently named “The Live Like Bella™ Park” and soon at the “The Live Like Bella™ Pavilion at Miami Children’s Hospital.

The partnership between the Live Like Bella™ Foundation and Miami Children’s Health Foundation was announced last December 2013, under the name of “Bella’s Promise” and is working towards ensuring that Miami Children’s continues to provide world-class care for children battling cancer in South Florida.

Miami Children’s Hospital is also in formal discussions with Ronald McDonald House Charities of South Florida to create and operate a Ronald McDonald House within the pavilion, which would be an amazing effort in South Florida.

For more information about the Live Like Bella™ Foundation please visit www.livelikebella.org.

NATAN Announces the Launch of Amplifier: The Jewish Giving Circle Movement

A global initiative designed to expand and strengthen Jewish giving circles and to support inspiring changemakers around the world

New York, NY – (September 16, 2014)The Natan Fund, a giving circle of young professionals in New York, today announced the launch of Amplifier, a global network of giving circles inspired by Jewish values. Amplifier is the first concerted effort to unite Jewish giving circles into a field, catalyze the creation of new circles, educate circle members on best practices in philanthropy, and connect giving circles to each other and to grantseekers of all types efficiently and effectively through an innovative new web platform.

Giving circles are groups of people who pool their charitable donations and decide together where to allocate their money. Research shows that members of giving circles give more, give more strategically, and are more engaged in their communities than non-members. This past summer’s Connected to Give: Community Circles report (Jumpstart, 2014) demonstrated that giving circles are also particularly strong among affinity groups, such as those connected by religion, ethnicity, gender, sexual orientation, or age.

Supported by a pilot grant from the Charles and Lynn Schusterman Family Foundation, Natan convened dozens of partners from across the Jewish philanthropic and nonprofit sectors over several months to co-design Amplifier’s web platform and in-person training and mentoring programs. More than 30 giving circles and over 100 nonprofit organizations have registered on the web platform during its beta phase, and the number is growing every day.

“People are craving a meaningful experience with giving, and giving circles can provide just that,” says Felicia Herman, Natan’s executive director. “So much of giving is reactive – we give because we get a solicitation in the mail or our friends ask us to donate to their favorite cause. Giving circles, by contrast, are proactive: they enable members to discover their giving passions and then to give in way that is transparent, intentional, hands-on, and social – no matter how much money they have or what types of causes they want to support.”

Amplifier’s in-person and online resources make it as simple as possible for anyone to start, grow, and sustain a giving circle and to connect with excellent potential grant recipients and with other giving circles. Trainings, coaching, conferences, and events complement a unique interactive web platform, www.AmplifierGiving.org, that offers searchable directories of giving circles and nonprofit organizations, giving circle management tools, a growing Resource Library, and a Common Grant Application for grantseekers.

“Giving circles are for everyone,” says Lynn Schusterman, chair of the Charles and Lynn Schusterman Family Foundation. “They inspire people at all levels of giving to come together with a community of friends or family and to wrestle with how to bring Jewish wisdom to bear on contemporary issues of all kinds. We are investing in Amplifier because we believe that giving circles can be a powerful pathway for engaging with Jewish life and values, as well as for ensuring a vibrant future for Jewish philanthropy. ”

Amplifier is also intended to benefit nonprofit organizations, to make it easier for them to raise funds from giving circles and even to start their own circles. “The Common Grant Application and Organization Directory make spreading the word about our work and connecting to potential sources of support incredibly efficient,” says Rachel Ishofsky at Innovation: Africa “Submitting one application on Amplifier’s site not only saves us time but also showcases our work to a broad landscape of potential supporters.”

For further information on Amplifier, guidance on starting or joining a giving circle or submitting a Common Grant Application, please visit www.AmplifierGiving.org.

ABOUT NATAN // WWW.NATAN.ORG

In the fall of 2002, a group of young professionals came together in New York City to imagine a new approach to Jewish philanthropy: a thoughtful, engaging experience of strategic, collective giving, where they could use both their minds and their money to support new ideas and transform the Jewish world and Israel. They wanted to give together, in a community of like-minded peers, brought together by their generosity and their commitment to Jewish philanthropy. They wanted control over where their money was going and transparency about how it was being used by those who received it. And they wanted to have real impact – to support new ideas with the potential to make systemic change. They created The Natan Fund, a giving circle focused on supporting Jewish and Israeli social entrepreneurs and startup nonprofit organizations.

Ten years later, nearly 200 members – almost all under age 45 – have participated actively in Natan’s grant making process and events. Natan has allocated over $9.6 million to more than 160 innovative Jewish and Israeli social entrepreneurs and startup nonprofits around the world. After growing as a giving circle for over a decade, Natan is expanding into a field-building role by partnering with dozens of organizations to create Amplifier: The Jewish Giving Circle Movement.

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Mainstreaming Impact Investing: A Practical Guide

  • The World Economic Forum’s report, Charting the Course: How Mainstream Investors can Design Visionary and Pragmatic Impact Investing Strategies, offers actionable guidance to get double-bottom line returns. 
  • Contains actionable roadmaps which help interested mainstream investors explore and make impact investments across asset classes given best-practices and lessons-learned from experienced impact investors. 
  • CEOs and CIOs from top financial institutions were instrumental in the creation of this report – including those of UBS AG, Standard Chartered, Morgan Stanley, Zurich Insurance Group, Caxton Associates and PensionDanmark – showing that impact investing has become a priority for such institutions.

New York, USA, 16 September 2014 – Charting the Course: How Mainstream Investors can Design Visionary and Pragmatic Impact Investing Strategies, is the culmination of a year-long research effort with investors to demonstrate concrete strategies for how for-profit companies can create transformational positive social impact.

Impact investing – an investment approach which creates both financial returns and positive impact that is actively measured – is continuing to be a focus in high-level circles as seen through recent convenings hosted by the Pope, the White House and the G8, while at the same time receiving increased interest from the millennial generation which is set to inherit some USD $30 trillion over the coming decades. Charting the Course, contains actionable and customizable roadmaps on how to define an impact investing vision and strategy, create a supporting organization, and utilize resources from the collaborative impact investing “ecosystem”. These actions will help mainstream investors harness the positive power of private capital markets for public social good alongside financial returns.

This report is the sequel to From the Margins to the Mainstream which over the past year has become among the top-referenced reports on impact investing, globally. Yet for most investors today – impact investing still needs to be translated from a compelling idea into sound strategies. Charting the Course aims to meet this need by offering a three-staged roadmap that allows mainstream investors to ask the right questions, define their investment principles, and draw on the right resources.

“Impact investing increasingly resonates with investors – it aligns with their values and it makes long-term business sense. But while impact investing entered the mainstream mind set, it is not yet part of investors’ strategy, operations and culture. We wrote Charting the Course to offer interested investors roadmaps on how to engage with impact investing, which are customizable to an investor’s starting point, level of interest, long-term vision and goals.” explained Abigail Noble, Associate Director and Head of Impact Investing Initiatives at the World Economic Forum.

“What we’re looking for is intentionality, measurability and profitability. There are investment opportunities out there to achieve this. Impact investing is not philanthropy or exotic niche investments.” stated Cecilia Reyes, Chief Investment Officer of Zurich Insurance Group. “What it takes, though, is a commitment to make impact investing an integral part of the overall investment approach, executed in a structured and disciplined way. And it takes a culture and investment philosophy that value the impact created.”

“Impact investments turn market failures into social and commercial opportunities, providing funds for innovative projects while rewarding investors for the risks taken. For UBS and its clients it is therefore a symbiosis of both smart macro-investments and high social impact interventions and the new World Economic Forum report helps investors to understand risks and opportunities.” said Sergio P. Ermotti, Group Chief Executive Officer of UBS AG.

The World Economic Forum’s Mainstreaming Impact Initiative endeavours to advance the impact investing sector through rigorous research, actionable insights and dynamic convenings, such as those hosted at the Forum’s Annual Meeting in Davos the past three years. The World Economic Forum is committed to continuing advancement of the impact investment sector and to making the investment approach, where relevant, an integral part of investors’ strategies and operations.

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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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