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

Nonprofit crowdfunding course

Devin D. Thorpe

ii

Social Entrepreneurship

This category includes articles about social entrepreneurs, typically about businesses with a for-profit model with a social mission embedded into the fabric of the business.

Essilor Wins Sustainable Business Award For Its Commitment To The United Nation’s Sustainable Development Goals

Press Release – Charenton, France (August 2nd, 2017) – Essilor was recognized by the Sustainable Business Awards, Singapore, in this year’s newly added category “UN Sustainable Development Goals: Understanding the company’s roles and initiatives in working to deliver the UN SDGs”. This award celebrates Essilor’s commitment to responsibly fighting the world’s largest disability, uncorrected poor vision. Through Essilor’s Mission and the sustainable approach Essilor has adopted across its value chain, the company contributes to 13 out of 17 UN Sustainable Development Goals.

Essilor’s Chairman and Chief Executive Officer, Hubert Sagnières, commented: “Essilor’s Mission to improve lives by improving sight, combined with the company’s unique principles and values, are at the heart of the Group’s long-term commitment to sustainable development. This Award will help raise awareness that good vision is one of the key enablers to the Global Goals and help us achieve our Mission to bring good vision to all”.

Amy Hing, Policy Deputy Secretary, Ministry of the Environment, and Water Resources presents Jayanth Bhuvaraghan, Essilor’s Chief Mission Officer the award

Essilor’s Chief Mission Officer, Jayanth Bhuvaraghan, said; “I am delighted to accept this award on behalf the 64,000 employees of Essilor. Our mission to responsibly provide everyone, everywhere, with quality vision care, pushes us to go further in our sustainability commitments. We’re very proud of our team’s achievements and stay strongly committed to the Sustainable Development Goals.”

Read more on Essilor’s contribution to the Sustainable Development Goals.

About Essilor International

The world’s leading ophthalmic optics company, Essilor designs, manufactures and markets a wide range of lenses to improve and protect eyesight. Its mission is to improve lives by improving sight. To support this mission, Essilor allocates more than €200 million to research and innovation every year, in a commitment to continuously bring new, more effective products to market. Its flagship brands are Varilux®, Crizal®, Transitions®, EyezenTM, Xperio®, Foster Grant®, BolonTM and Costa®. It also develops and markets equipment, instruments and services for eyecare professionals.

Essilor reported consolidated revenue of more than €7.1 billion in 2016 and employs 64,000 people worldwide. It markets its products in more than 100 countries and has 33 plants, 490 prescription laboratories and edging facilities, as well as 5 research and development centers around the world. For more information, please visit www.essilor.com.

The Essilor share trades on the Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices.

Codes and symbols: ISIN: FR0000121667; Reuters: ESSI.PA; Bloomberg: EI:FP.

About the Sustainable Business Awards

Organised by Global Initiatives for the third year in Singapore, The Sustainable Business Awards (SBA) is a unique and important resource for businesses. SBA aims to increase awareness of sustainable business best-practices and demonstrate how sustainable business benefits companies, the environment and all stakeholders, today and for the future. Conducted in partnership with PwC, the SBA methodology combines the best features of benchmarking and awards processes globally to deliver green strategy and business advantage. The unique platform rewards companies along the way to become truly sustainable businesses in Asia.

About Global Initiatives

Global Initiatives creates partnerships that address global challenges through film, international events and media projects. By sharing knowledge and best practices, and calling on all stakeholders to take action, we address some of the greatest challenges facing the world. International events include the Business for the Environment Summits and Responsible Business Forums.


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Big Brothers Big Sisters Of New York City Names Kate Snow To Board Of Trustees

Emmy award-winning anchor of Sunday “NBC Nightly News” is BBBS of NYC’s newest trustee

Press Release – NEW YORK, August 1, 2017Big Brothers Big Sisters of New York City (BBBS of NYC), the nation’s first and New York’s largest youth mentoring organization, today announced it has named Kate Snow, Emmy award-winning journalist for NBC News, to its Board of Trustees.

Snow is currently the anchor of Sunday NBC Nightly News and also serves as a senior national correspondent for the network. She has also reported for MSNBC, TODAY and Dateline NBC. Prior to working with NBC, Snow was the anchor of the weekend edition of Good Morning America, and was also the White House correspondent for ABC News. Snow has been a Big Sister to her Little, Amanda, for more than 20 years, and previously served as a member of the National Board of Big Brothers Big Sisters of America.

“Kate is an extraordinary journalist, who is committed to improving society through telling the impactful stories that shape our world. Through her tremendous success, Kate demonstrates to all young people that with hard work and a commitment to education, they can accomplish dreams of their own,” said Hector Batista, chief executive officer of BBBS of NYC. “As a Big Sister herself, Kate has made a positive, lasting impact on the life of her Little, and through her work with our organization, she is committed to ensuring all young people have opportunities to succeed. We are proud to have Kate join our Board of Trustees.”

“I am such a strong believer in the power of mentoring. Spending time with a Big Brother or Big Sister role model can change a child’s trajectory,” said Kate Snow. “I can also attest that these relationships also change the life of the mentor. I look forward to working to help children in NYC reach their fullest potential.”

Snow has worked closely with the American Foundation of Suicide Prevention. She holds an undergraduate degree from Cornell University and a master’s degree in international affairs from Georgetown University’s School of Foreign Service. Snow currently resides in New York with her husband, radio host Chris Bro, and their two children, Zack and Abby.

Big Brothers Big Sisters of NYC currently serves more than 5,200 young people across the five boroughs each year through a variety of specialized mentoring programs.

About Big Brothers Big Sisters of New York City

Big Brothers Big Sisters of NYC (BBBS of NYC), the nation’s first and NYC’s largest youth mentoring organization, has served the changing needs of New York City’s most at-risk youth since 1904. The volunteer- and donor-based organization offers a variety of specialized mentoring programs to help children facing more complex challenges – including immigrant youth, children in foster care and children of incarcerated parents – as well as the Workplace Mentoring Center, which helps businesses throughout New York City positively impact the lives of young people and build a foundation for professional success. Additionally, since 1992 BBBS of NYC has worked through its Center for Training and Professional Development to equip non-profit professionals throughout New York City to develop and enhance their own mentoring and youth-development programs and organizations.

Through the support of individuals, foundations and corporations, this not-for-profit agency has been able to change the lives of the city’s most disadvantaged children, matching them with caring adult role models – dependable friends who can help to expand their horizons, realize their potential and enrich their futures. To learn more, become a mentor and/or offer support, please visit www.bigsnyc.org.


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Nominet Trust Welcomes New Honorary Treasurer to the Board

Press Release – 1st August 2017, Oxford – Nominet Trust, the UK’s leading tech for good funder, has increased the number of Trustees on its Board with the appointment of Hannah Keartland as Honorary Treasurer. Hannah is Head of Innovation at Cancer Research UK and previously led their award-winning Citizen Science Programme. Hannah brings with her a wealth of knowledge from her eight years’ in leadership roles in the charity sector, as well as significant capability in financial management as a qualified Chartered Accountant (AQA).

Reflecting on her appointment, Keartland said: “Nominet Trust’s work is all about creating social impact using innovative approaches – for example the recently launched Digital Reach programme, which has the potential to significantly reduce inequalities in our increasingly digital-first society. As such, it is an amazing opportunity to be joining Nominet Trust at this time and I can’t wait to lend my support in building on the Trust’s fantastic work fostering positive social change through the use of digital technology.”

“We’re thrilled to welcome Hannah to the Trust during this exciting new phase of strategic development,” commented Natalie Campbell, Chair of Nominet Trust. “With her direct experience of implementing and harnessing technology for social change in the health sector, Hannah will add immense value to the work of the Trust. We are confident that Hannah’s experience will help her to excel in her new role.”

During 2016, Nominet Trust extended its board significantly, including appointing new Chair, Natalie Campbell, along with Beth Murray and Jemima Rellie as trustees. The established team of trustees has great strength in its diversity, including strong representation from women.

Nominet Trust is the charitable foundation of Nominet, a public benefit company with 20 years’ experience in running the .uk internet infrastructure.


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12 Exponential Technology Start-Ups Join Katapult Accelerator To Solve Global Challenges

Press Release – 31 July 2017, Oslo – Katapult Accelerator has selected 12 start-ups to join the accelerator programme starting today, July 31st 2017. After reviewing 1,000 impact-focused start-ups from all over the world, these 12 start-ups from a variety of fields and backgrounds all use exponential technology to solve the grand challenges of the world.

“These start-ups are helping us see how we can use exponential technologies like artificial intelligence to improve the state of the world, the environment, education, health or other fields. We selected the start-ups based on their novel approach to using exponential technologies and for their potential to become successful businesses,” says Anders H. Lier, Chairman and co-founder of Katapult Accelerator.

Katapult Accelerator welcomes the 12 start-ups to Oslo, Norway on July 31st 2017. They will follow a unique and tailored three-month programme and curriculum. Katapult will help scale their innovations by mentoring, training and providing them with valuable support. Katapult Accelerator also provides a network of additional investors that can boost the start-ups in their next phase of development, including a partnership with the Entrepreneurs Roundtable Accelerator (ERA) in New York City. Each start-up will also receive USD 100,000 as start-up capital.

About Katapult Accelerator

Katapult Accelerator is a global accelerator that aims to fast-track solutions to global problems within both environmental and societal domains. It supports start-ups that can address these problems with exponential technologies, particularly artificial intelligence, blockchain, virtual reality, augmented reality, and applications of the internet of things.

Linux Academy and AWS Partner to Serve Nonprofits

AWS Certification Training Available for Teams and Individuals at No Cost for First 45 Days

Press Release – DALLAS, TX – July 31, 2017 – Linux Academy, the foremost online Linux and cloud training platform and community, today announced a partnership with Amazon Web Services (AWS) to provide cloud certification training to the nonprofit community. Free hands-on training is available for the first 45 days after signup.

Offered exclusively to nonprofits, this partnership gives users unlimited access to Linux Academy’s entire library of AWS and cloud certification and training courses, content, and hands-on labs focused on AWS and additional technologies, like Linux and OpenStack. The training is available to nonprofit teams to test and train their IT staff, as well as to individuals to learn hands-on skills and earn certifications.

“Organizations and individuals are rushing to ensure they can handle the technologies available today on the cloud,” said Anthony James, CEO, Linux Academy. “We are excited about this new collaboration with AWS. It creates an affordable and efficient option for nonprofit organizations, which have limited budgets, to keep up with rapidly expanding technologies, as well as for people to find or progress within cloud tech careers.”

Through this partnership, nonprofit teams and individuals will have access to:

  • More than 2,500 self-paced video courses
  • 209 total hours of AWS course training
  • 438 Linux training hours
  • 105 OpenStack training hours
  • More than 60 hands-on, scenario-based labs for AWS skill building
  • Live AWS environments for practicing newly acquired skills
  • Quizzes, study guides, flash cards, study groups, and practice exams

Additionally, Linux Academy provides training for all current AWS certifications:

  • AWS Certified Solutions Architect – Associate Level
  • AWS Certified DevOps Engineer – Professional Level
  • AWS Certified Developer – Associate Level
  • AWS Certified Solutions Architect – Professional Level
  • AWS Certified Advanced Networking Specialty – Certification
  • AWS Certified SysOps Administrator – Associate Level
  • AWS Certified Big Data Specialty – Certification

Linux Academy courses are engineered to go beyond simply preparing students for certifications. They’re designed to truly prepare students to advance in Linux and cloud careers. Course instructors and content curators are constantly creating lessons based on industry trends, new releases, and the demand of the community. Coupled with the subscription model, users are granted unlimited access to all current and future courses, as well as Linux Academy hands-on labs and various learning tools, including the Orion Papers — a companion to your journey through the AWS Certified Solutions Architect Certification prep course. This is a non-linear, visual, interactive supplement to the online content only offered by Linux Academy.

About Linux Academy

Linux Academy redefines continuing education for today’s IT business professional. Through self-paced courses, hands-on labs, six cloud servers, personal access to expert instructors, and an ever-growing learning library, Linux Academy caters to beginners and experts alike. Courses are geared toward certifications in Linux, AWS, Google Cloud Platforms, OpenStack, DevOps, Azure, Big Data, and Containers, offering content that digs deeper to answer nuanced challenges of the latest emerging technologies. Linux Academy provides more value per dollar than any other IT training program. To enroll or to explore tools and group rates, visit: www.linuxacademy.com.

Blackbaud’s Intelligence for Good™ Leverages Advanced Analytics to Transform Data into Mission-Based Outcomes

Posted on July 27, 2017 by Nicole McGougan

Tech leader’s unrivaled AI-enabled analytics unleashes the power of big data for the social good community

Press Release – Charleston, S.C. (July 27, 2017) – Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today reported that new AI-enabled analytics offerings are available to serve healthcare institutions, higher education institutions and nonprofits. This announcement comes just months after the company announced Intelligence for Good™, its unique approach to optimized intelligence for the social good community.

“As we continue to rapidly innovate, it’s exciting to see customers take advantage of our advanced, AI-enabled analytics to make smarter decisions,” said Richard Becker, president of Blackbaud Target Analytics™. “Organizations are leveraging our intelligent solutions to transform data into high-impact predictive and prescriptive insight that turn their fundraising, advocacy and other interactions into more powerful outcomes.”

Blackbaud Extends Analytics Capabilities within Industry-Leading Healthcare Solution

Blackbaud has enhanced its industry-leading Patient Conversion Model™, which leverages proprietary donor data for advanced insight, to include new capabilities for population health management and patient marketing. The solution leverages a universal patient identifier for identity management resolution and offers a new suite of personal wellness and financial insight that enables both geographic-based prospecting and patient remarketing campaigns.

For the healthcare and hospital market, identifying opportunities to positively affect the population health needs of the community is a primary objective of many hospitals. AI-enabled insight assure cost-effective outreach and audience-specific communication that improves both the population health and addresses the budget concerns of healthcare customers.

“Our latest upgrade came with comprehensive data services wrapped in, allowing us to segment and identify potential donors based on demographics and predictive information like household income and whether they had children–information that helped us make smart decisions as we prepare for a capital campaign.” — Lauren Short, Annual Giving Manager at Riverside Healthcare

Blackbaud Introduces New Campus-Wide Solutions for Higher Education Institutions

Blackbaud released a new Athletic Giving Model™ solution designed to help athletic departments raise more money through the expanded university community and athletic program supporters. “This is the first Target Analytics solution built specifically for athletic departments and booster clubs, expanding universities’ fundraising reach beyond alumni,” noted Becker.

Colleges and universities have many campus visitors including prospective students, ticket buyers, athletics supporters and event-goers. With a dynamic and diverse set of individuals engaging with universities on a regular basis, higher education institutions are looking for intelligence that identifies visiting VIPs in real time so they can build relationships with potential donors. Blackbaud’s Alumni Analytics Solution enables on-demand wealth screenings and provides actionable insight for every campus visitor, putting the power of AI in the university’s hands.

“Our major gift officers now believe that these predictive analytics can get them in the right living rooms, sitting with the right people who really want to make a difference by donating to the University.” —Margaret Williams, Director of Prospect Research for University of South Dakota Foundation

New Solution Allows Nonprofits to Understand and Use Affluence Data to Grow Donor Base

Blackbaud also recently introduced Affluence Insight™, a new donor segmentation and research tool, enabling the identification of annual, mid-level and major gift prospects. Designed for nonprofits, researchers and direct marketers, it provides detailed financial attributes and an affluence-driven segmentation system that combines giving behavior, demographics and financial information for high-value prospect identification.

Affluence Insight offers the ability to use AI-powered analytics to identify high-value donor prospects and predict a prospect’s likelihood to give with unparalleled accuracy.

“It’s important for us to show our leadership that the technology we have is helping us drive the mission and program further, such as allowing us to confidently reach every individual through their preferred channels. As we continue to ask what is possible within our organization, we are really relying on Blackbaud to help us determine what’s next, and I think the sky is the limit.” — Andy Schroeder, Director of Development for the Sisters of Charity

For organizations driven to make smarter decisions faster, Blackbaud’s Intelligence for Good offers the market’s only set of fully social-good optimized intelligence capabilities, bringing together the power of AI, analytics, big data and expertise built on the world’s most robust industry-specific data set.

For more information about Blackbaud’s latest Target Analytics solutions visit www.blackbaud.com/target-analytics. For more information about Intelligence for Good, visit www.blackbaud.com/IntelligenceForGood.

About Blackbaud

Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada and the United Kingdom. For more information, visit www.blackbaud.com.

Forward-looking Statements

Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.


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DRI Fund (“DRI”) Announces Success Of Loan Origination Program Focused On Providing Financing To Underserved Communities

Press Release – FORT LAUDERDALE, FLORIDA (PRWEB) JULY 27, 2017: DRI is certified by the US Department of Treasury as a Community Development Financial Institution (“CDFI”). To earn CDFI certification, DRI provides direct financing to those most in need through its affordable housing initiatives in low and moderate income areas.

CDFIs are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities. CDFIs invest in local communities and the residents who live there by providing critically needed financing often unavailable from mainstream financial institutions.

One example of this loan origination program is DTW Realty Group LLC, a small minority owned developer and property management firm who lost its financial partner after procuring 10 properties for rehab. Due to aggressive rehabilitation requirements from the public entity seller, DTW risked losing their entire investment. Although the management team had extensive experience, its recent formation and the project location made traditional financing options impractical.

“It had historically been challenging in the City of Detroit. DRI stepped in at a time when there were a lot of skeptical capital resources…It (the project) worked out for all parties, for ourselves, DRI Fund, the occupant, the customer as well as the resale side. It turned out to be a win-win all together” says, Aaron Smith, DTW Realty Group.

DRI interviewed management to understand their business model, their minimum cash need and identified weaknesses in their exit strategy. After the assessment, DRI structured a plan to streamline their business process, identified a faster lower cost mechanism for title insurance and lowered their cash consumption by arranging terms with legal & title resources that deferred payment until close. Finally, DRI matched the local DTW with an international real estate broker that allowed him a safe exit strategy: the sale completed properties at high margins, while retaining property management income.

In addition to innovative financing, DRI offers development services to borrowers by providing intensive financial education counseling, debt management planning, business plan development and strategies for reducing monthly homeownership costs.

ABOUT DRI FUND

DRI is an investment manager that is also certified by the US Department of Treasury as a Community Development Financial Institution (“CDFI”). DRI was initially formed in 2011 to manage a project sponsored by HUD’s Neighborhood Stabilization Program. The project involved the creation of affordable housing in Detroit through the rehabilitating and sale of twenty-seven vacant homes in the area. Through this program, DRI realized that many of the communities they invested in were lacking access to loans from banks and other traditional sources of credit. DRI saw an opportunity to become certified as a CDFI and provide homeownership opportunities to people who were creditworthy, but didn’t meet all the requirements that most lenders needed to originate a loan.

From there sparked several other initiatives designed to address financing issues facing underserved communities today such as DRI’s non-performing mortgage acquisition initiative. This program is designed to preserve homeownership opportunities and stabilize distressed communities through innovative loan modifications and other option that create positive community outcomes. The people and communities that DRI invests in are at the heart of its business model and all management decisions take into consideration a double bottom line approach to business.

For more information please visit DRIfund.com


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Tech Coast Angels Offers Exclusive Funding Opportunities to Investors Throughout the United States

Leveraging the online platform AngelList, Tech Coast Angels brings some of its best deals to accredited investors, members of other angel networks and prospective angels

Press Release – IRVINE, Calif. – July 26, 2017 – Tech Coast Angels (TCA), one of the largest and most active angel networks in the world, recently announced a new initiative that shares TCA deals with accredited investors all across the United States. A subset of the angel network’s best deals will now be syndicated over the online investment platform AngelList.

Private investors throughout the United States now have the opportunity to experience what it’s like to invest alongside seasoned angel investors. The new initiative also benefits entrepreneurs who want more capital and accessibility to a wider world of funding.

“Tech Coast Angels screens several hundred startups every year and we have over 300 members–all of whom have diverse, unique backgrounds and expertise and greatly contribute to due diligence effort of the companies in which we choose to invest,” said Sergio Gurrieri, president of Tech Coast Angels’ San Diego network and lead of TCA’s AngelList Syndicate. “With our new initiative, investors can now tap into this wealth of experience, members of other angel networks can diversify their portfolio, and new or prospective angels can try out their wings.”

The addition of AngelList to TCA’s investment portfolio not only allows the angel network to share some of its best deals with more investors, regardless of geography, but also showcases TCA’s commitment to innovation and best practices.

“While it’s important to stress that this is not a substitute for TCA membership, our AngelList initiative offers great benefits to members and non-members alike, and once again positions us as a private capital thought leader; exploring and adopting new technologies and platforms to find–and fund–great companies,” said Jeff Draa, Tech Coast Angels’ chairman.

AngelList registrants can join TCA’s syndicate page on AngelList, receiving access to regular notifications for each deal the angel network shares on the platform. To register, an investor must create a profile on AngelList (https://angel.co), and then back Tech Coast Angel’s syndicate page on the investment platform (https://angel.co/tech-coast-angels/syndicate).

Investors wishing to know more about TCA membership can find information at https://www.techcoastangels.com/angels/.

Tech Coast Angels (TCA) is one of the largest and most active angel investor networks in the nation, and a leading source of funding for seed-stage and early-stage companies across all industries in Southern California. TCA members are accredited investors who individually invest in startup companies, and as a group, TCA has invested up to $6M in a single company. The companies TCA invest in go through well-structured, transparent, and time efficient screening and due diligence. TCA members are themselves founders and executive level business leaders who have extensive knowledge in the investment process and world-class business practices. TCA members thus provide companies with more than just capital; they also contribute counsel, mentoring and access to an extensive network of investors, customers, strategic partners and management.

TCA is a catalyst in the growth of the thriving Southern California entrepreneurial ecosystem of innovation, funding mostly emerging technologies and life science companies. The most recent Halo Report rated TCA as #2 nationally in a number of funded deals. A recent analysis by CB Insights ranked TCA #1 out of 370 angel groups on “Network Centrality” and #5 overall in “Investor Mosaic.” Since its founding in 1997, TCA has invested about $200 million in more than 345 companies and has helped attract more than $1.5 billion in additional capital/follow-on rounds, mostly from venture capital firms. For more information, please visit www.techcoastangels.com.


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U.S. Impact Investing Alliance Launches to Scale the Practice of Impact Investing

Alliance Will Bring Together Financial Institutions, High Net-Worth Individuals and Intermediaries to Continue Catalyzing the Impact Investing Movement

Press Release – NEW YORK, July 26, 2017 – The U.S. Impact Investing Alliance (“Alliance”) today announced the launch of its expanded network of impact investing leaders dedicated to advancing this growing market.

The Alliance was founded last year by representatives from philanthropy, business and finance to champion the potential of impact investing by increasing awareness of impact investing in the U.S., fostering deployment of and demand for impact capital across asset classes globally, and by partnering with policymakers and other stakeholders to build the impact investing ecosystem.

The Alliance is introduced today with a broadened mandate that includes advocating for a favorable policy environment, catalyzing the flow of impact capital and growing the movement of impact investing in the U.S. and globally.

“Our vision is to catalyze a movement that will transform finance by putting measurable social and environmental impact, alongside risk and financial return, at the core of investment decisions,” said Fran Seegull, Executive Director of the Alliance and formerly the Managing Director and Chief Investment Officer of ImpactAssets, a non-profit impact investing firm.

The Alliance’s 11-member board comprises leading practitioners from across the impact investing community, including private investors, foundations, intermediaries and asset managers.

  • Darren Walker, President, Ford Foundation; Chair, Alliance
  • Tracy Palandjian, CEO & Co-Founder, Social Finance; Vice-Chair, Alliance
  • Matt Bannick, President, Omidyar Network
  • Ray Chambers, President, MCJ Amelior Foundation
  • Clara Miller, President, Heron Foundation
  • Nancy Pfund, Managing Partner & Founder, DBL Partners
  • Rip Rapson, President & CEO, Kresge Foundation
  • Andy Sieg, Head, Merrill Lynch Wealth Management
  • Ian Simmons, Principal & Co-Founder, Blue Haven Initiative
  • Jim Sorenson, Chairman, Sorenson Impact Foundation
  • Julia Stasch, President, John D. and Catherine T. MacArthur Foundation

“The impact investing movement is a growing force in driving social and environmental change in the U.S. and around the world,” said Walker. “In philanthropy, we are moved to lead this effort, but ultimately it is about engaging with everyone from Wall Street to Main Street. We can accomplish more in partnership than we ever could achieve on our own.”

“This movement is built upon the dedication and collaboration of so many, and this moment is made possible by their tireless efforts over the years” said Palandjian. “Through the Alliance, we have an opportunity to bridge the gaps that remain, inspiring actors across all sectors to think deeply about impact.”

The Alliance traces its roots back to the June 2013 G8 meeting, where an international effort was undertaken to explore the possibilities for impact investing to accelerate economic growth and to address some of society’s most pressing issues. Under the auspices of that effort, the U.S. National Advisory Board on Impact Investing (NAB), the precursor organization to the Alliance, was formed with a mandate to identify and help reduce domestic policy barriers to impact investing.

While the Alliance will focus on the U.S. market, it is also part of the Global Steering Group on Impact Investing (GSG), which was established to promote a unified view of impact investment across the world, facilitate knowledge exchange and encourage policy change in national markets. Its members include 15 countries plus the EU, as well as active observers from government and from global network organizations supportive of impact investing.

The Alliance also convenes and administers the Presidents’ Council on Impact Investing, which comprises leaders from 20 private foundations, with a combined $60 billion in endowed assets, who are engaged in impact investing.

Today the Alliance is also launching an Industry Advisory Council of leading impact investing network organizations. Together these organizations represent over 800 members representing trillions of dollars of assets under management. The Industry Advisory Council is led by:

  • Dana Lanza, CEO, Confluence Philanthropy
  • Amit Bouri, CEO, Global Impact Investing Network (GIIN)
  • Abigail Noble, CEO, The ImPact
  • Georges Dyer, Principal, Intentional Endowments Network (IEN)
  • Bonny Moellenbrock, Executive Director, Investors’ Circle
  • Matt Onek, CEO, Mission Investors Exchange (MIE)
  • Adam Bendell, CEO, Toniic
  • Lisa Woll, CEO, The Forum for Sustainable and Responsible Investment (US SIF)

“Investors are increasingly interested in aligning their investments with their values, so it is important the field continues to grow and evolve to meet that demand,” added Sieg.

To learn more about the Alliance, please visit www.impinvalliance.org.

About the U.S. Impact Investing Alliance

The U.S. Impact Investing Alliance is dedicated to championing the power of impact investing through increasing awareness of impact investing in the United States, fostering deployment of and demand for impact capital across asset classes globally, and partnering with stakeholders, including government, to build the impact investing ecosystem. Members of the Alliance include leaders from across the impact investing community, including investors, foundations, financial intermediaries, asset managers and service providers. For more information, please visit www.impinvalliance.org.


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Carcel Is Launching In August: Danish Design Manufactured By Women In Prison

Press Release – Carcel paves the way for the future of fashion where impact, quality design and smart business meet. This combination shows that it is possible to run a fashion company while making the world a better place.

Each piece is manufactured by imprisoned women in countries with high rates of poverty-related crime. The production is set up inside a women’s prison in Cusco, Peru made from 100% baby alpaca wool. By providing the women with good wages and new skills, they can support their families, save up for a crime-free beginning and ultimately break the cycle of poverty. Each style carries the name of the woman who made it, which creates a relation between the producer and the customer.

“We want to give people a new fashion alternative, where every item solves a problem instead of creating one, without compromising on quality or design” says CEO and founder Veronica D’Souza.

Setting up this new type of production, that improves live without compromising on quality or design, requires a different business model. Carcel calls it: ‘No stores, No seasons and No compromise”. By selling exclusively online, which gives customers access to quality without paying the retail mark-up, allows Carcel to only produce what is demanded. Rather than following the conventional seasons, Carcel launches limited drops of new styles throughout the year, which minimises waste and keeps each style and colour relevant.

Carcel is using only natural materials native to the country of production, which keeps sustainability ingrained at the core of everything they do. Carcel’s vision is global and the company is already investigating to set up a the next production in a women’s prison in Thailand with pieces made from 100% silk.

Driven by a tireless ambition for merging high quality design with sensible production, Louise van Hauen, the creative director and partner at Carcel has a fancy for balancing the beauty of classic elements and current relevance with a cool, considered and casual attitude.


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