Jen Ratay is the Executive Director of the Silicon Valley Social Venture Fund, or SV2, where she manages a network of more than 200 Partners and philanthropists, and helps guide their philanthropic investments to the most effective outcomes. SV2's pool of investments helps support promising nonprofits and social enterprises in the Silicon Valley community, as well as throughout the world. SV2 is on the cutting edge of a lot of philanthropic trends. They pioneered Venture Philanthropy in its earliest days. A decade and a half later, they remain committed to longer term investments and capacity building grants, while introducing additional initiatives to achieve social impact, such as impact investing. Jen has helped to guide the organization through a recent strategic planning initiative, where Partners reassessed their philanthropic practices and reaffirmed their shared values and commitment to strengthening the social sector. Jen joins the Philanthropy Hour today to discuss some of the exciting new things SV2 is working on, as well as broader trends in the philanthropic sector. Her energy and passion are infectious.
As the CEO of Mission Measurement, Jason Saul has focused relentlessly on cracking the code of measuring social impact. For as long as the social sector has existed, funders and nonprofits alike have remained in the dark when it comes to measuring real performance and impact. How do we crack create a real, mainstream economic currency for the value of social change, a sort of marketplace for social outcomes?
Today, Jason gives us a more detailed look into the metrics and algorithms that drive Mission Measurement, and why it is such a crucial component of lifting the social sector, and improving organizations. Jason and his team have worked relentless on this question, and the result has been the Impact Genome Project, a revolutionary new system that can predict social outcomes before an investment. Partnering with the same engineer that developed the Music Genome Project for Pandora, This is a comprehensive evidence-base of what works in social change.
This is truly a groundbreaking and transformational moment for the social sector. Jason Saul and his colleagues are on the forefront of this movement, and this interview is a must-listen.
Andrew Wolk is a pioneer in the social enterprise movement. He designed and taught one of the first courses on social entrepreneurship in this country. He is the founder of several social venture including Root Cause, a nonprofit consulting firm and pragmatic partner to nonprofits, social entrepreneurs, foundations, and government.
In this podcast, Andrew discusses the Root Cause model, their relentless focus on impact and outcomes, and how measuring and understanding impact is of vital interest to nonprofits striving to improve lives. He also explains the use of data and evidence for driving higher performance, and why it is necessary to focus on the right data. Andrew also provides some exclusive insights into Root Cause, and how the organization is evolving with the times, and responding to the issues of our country.
Gregg Behr is the Executive Director of the Grable Foundation, based in Pittsburgh, PA, helping to advance high-quality early childhood education, improved teaching and learning in public schools, and robust out-of-school time support. In this interview, he discusses this family foundation's grantmaking practices, the importance of being very present in the community, and responsive to the community leaders, and the need to get back to the basics with respect to effective grantmaking. We also discuss the unique characteristics of the Pittsburgh community, and how philanthrophy has been a true driver of change in the city over the past few decades.
Caroline Whistler is a Co-Founder of Third Sector Capital, and leads the San Francisco Office. Third Sector serves as a trusted advisor that leads governments, high-performing nonprofits, and funders in building collaborative Pay For Success initiatives. They are shifting the paradigm of how governments contract social services. They are leveraging private capital, saving government and taxpayer dollars, and connecting performance outcomes to actual, measurable social returns.
In this interview, Caroline provides a clear and in-depth look at the Pay For Success field, what they have achieved thus far, and what can be accomplished in the future. This is a helpful primer for anyone who is trying to learn more on the PFS subject. Caroline's energy and passion about Pay for Success is infectious!
Rick Williams is the CEO of Sobrato Family Foundation, which is focused on supporting the Silicon Valley region. In his role, Rick helps lead the members of the foundation through a priority setting process and strategic planning around their philanthropic investments. Rick discusses the unique qualities of working in Silicon Valley, how they are responding to the community, and how they are trying to build a thriving nonprofit sector through innovation, impact, and partnerships. He also addresses the challenges and opportunities in alleviating poverty and creating more economoic opportunity for communities.
Dr. Emily Gustafsson-Wright is a fellow at the Brookings Institution. She helped publish a report in summer 2015 with some of her colleagues entitled "The Potential and Limitations of Social Impact Bonds: Lessons From The First 5 Years of Experience Worldwide." Here we discuss exactly what a Social Impact Bond is, how it functions, and its potential ramifications for funding social service projects in the future. SIBs have only been around for 5 years, but they are already gaining a lot of attention, with potential investors ready to get involved in the game. So it is important to analyze what is working and what needs to be improved for the future.
As Vice President of The Morgridge Family Foundation, Carrie Morgridge has learned what works and what doesn't when it comes to giving. She argues that in order to ensure meaningful and lasting change, a gift must be more than simply a grant of money. The giver must assess whether the program is the right fit, work hand-in-hand with the key leaders on strategy, develop a plan for making the endeavor sustainable, and ensure that their gift can be leveraged to have a bigger impact on the community. By sharing real-life stories of how this hands-on approach to giving has transformed lives including her own, Morgridge inspires others to believe that they can also make a difference in their community, no matter the size of their gift. The most important message is that we all get involved in some way. This is an inspirational and informative conversation
Kathy LeMay is the founder, President, and CEO of Raising Change, an organization that raises capital to advance social change agendas and increase philanthropic Participation. Today she joins Philanthropy Hour to discuss the movement of humanity in philanthropy. She shares how her Generosity Plan helps steer individual givers towards finding their inner-inspiration and purpose. Everybody has the power to become a philanthropist. We must all "do what we can, with what we have, where we are." Kathy shares her own experiences of working with the victims of rape and genocide in war-torn Yugoslavia. She uses that experience to teach others that we all have an issue that motivates and drives us, and we can all put our talents to good use to make a difference. The act of philanthropy is more than just giving money, it is about becoming a more humane and connected person. It is a powerful message.
Lisa Duran is the Executive Director of Grassroots Grantmakers in Denver, CO. Erin Barnes is a co-founder of ioby (In Our Backyard) in NYC. Together, they discuss models for community grantmaking, and empowering local citizens to take action within their own communities. This is a highly relational form of grantmaking, highly personal, and highly intimate, where people are taking action on issues that they are passionate about in their own backyards. The transformative effect that the micro-level initiatives have is felt on the communications, on local governmental agencies, and on the citizens, who feel empowered to create change. This hyper-local philanthropy is sparking a movement across the country, where the best examples of making change happen is on our city streets. Listen to these leaders discuss the dynamics of community grantmaking, as well as the upcoming On The Ground event taking place this year in Brooklyn on October 12- 15.
Carl Terzian has run Carl Terzian Associates PR Firm for over 46 years, which has grown to one of the largest boutique agencies in the country. Today he reflects on his own life and successful career. He explains the networking model that makes his PR firm unique, the front and backside of the business card, the value of service to others, and the importance of networking and creating meaningful relationships. He discusses leadership, philanthropy, and supporting the nonprofit community. He demonstrates that a person's career is more than just a resume or a business card, it is a reflection of their values and belief system. Carl is truly an embodiment of the phrase "doing well by doing good." This interview is a good summary of Carl's work and mission.
As the CEO of CauseLabs, TJ Cook explains how technology can save the world by re-connecting us to the human element. Before you can solve anybody's problems, you must first gain a deeper understanding of the people you work with, their culture, environment, and challenges. TJ explains that the designers and strategists of CauseLabs are doing more than just building technological platforms, they are bridging relationships. They are acting as partners in this shared journey towards improving lives and repairing the world. CauseLabs is truly a tool for social impact.
Jerr Boschee is a pioneer in the field of social enterprise. He is the author or editor of six books, including Boschee on Marketing, The Social Enterprise Sourcebook, and the award-winning Migrating from Innovation to Entrepreneurship: How Nonprofits are Moving toward Sustainability and Self-Sufficiency.
In this encompassing podcast, Jerr discusses the social enterprise field, the difference between social enterprise and social innovation, and what constitutes a successful social entrepreneur. He touches on many different subjects that he has addressed throughout his career, including the problems with nonprofit organizations, innovations in the private sector, and why the millennial generation is so well equipped to become great innovators and leaders. Jerr reflects on his career, the state of the sector as it now, and why he is excited for the future. This is a really wonderful conversation.
Kevin Lynch offers a different take on the state of the social enterprise sector. He discusses some inherent issues in our capital system, which detracts from funding truly impactful nonprofit organizations. He addresses some of the confusion surrounding the emerging Benefit Corporation structure and the B Corp certification mark, and how it can adversely effect nonprofit funding. Kevin also explains the Privilege Economy, a subject of his previous essays, which ties into the Invisible Capital of the marketplace, and how it effects everything we do.
As CEO of The Philanthropy Workshop, Glen Galaich discusses the workshop model for developing well-informed thoughts and frameworks for grantmaking. He explains the TPW model in depth, while providing his own insights into philanthropy, what makes a good philanthropist, and the spectrum of giving. This is an excellent interview full of keen insights into the problems and solutions for social change.
Kate Otto is the founder of the Everyday Ambassador movement, and author of the book by the same name. Her experiences both in global and in local health services have given her a breadth of knowledge on a broad range of subjects. She is a great resource for the issues of the day, and how to address some of the world's most complex problems. In this interview, Kate discusses the Everyday Ambassador movement, the importance of human connection, and every individual's ability to express our own humanity and grace. Check it out!
Dr. Sara Konrath directs the Interdisciplinary Program on Empathy and Altruism - or iPear - a research lab which focuses on empathy and related traits. In this interview, Dr. Konrath discusses her research, specifically on how empathy corresponds with philanthropy and charitable giving. It is an interesting look at how donors connect with organizations, how we can increase giving in the future, and inspire a higher level of empathy.
Rusty Stahl is the Founder and CEO of Talent Philanthropy Project, an organization committed to inspiring Foundation and grantmakers to fund and nurture developing talent and leadership in the nonprofit field. He is helping to build a movement around talent investing. Today, Rusty joins us to talk about the deficit of talent investing, and how grantmakers can leverage the impact of their philanthropic dollars by supporting and nurturing the community of change makers and social leaders.
Michelle Greanias joins the Philanthropy Hour today to talk about the Grants Mangers Network, the importance of effective grantmaking, and what organizations can do to improve their practices. This is a different side of philanthropy that we don't explored often, but an effective grant management system and administrative functions is equally important to good philanthropy as anything else. This is a really informative interview.
As a thought leader and author on many books dedicated to Impact Investing and value creation, Jed Emerson has extensive experience leading, staffing and advising funds, firms, social ventures and foundations pursuing financial performance with social/environmental impact. In this incredibly informative interview, Jed discusses ways to improve traditional investment and performance metrics with a broader focus on social impact goals and blended value. He talks about the ways that they are currently applied, and what the future holds for impact investing. This is a can't miss interview!