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Posts Tagged ‘Skoll Foundation’

Mercury-Free by 2020

October 11, 2013 by

As governments were signing a global treaty in Japan today to phase out mercury use and emissions, Skoll Awardee Health Care Without Harm (HCWH) and the World Health Organization (WHO) were launching an initiative to achieve this convention’s goal by 2020.

“I wanted to share this news with you directly, as the Skoll Foundation was so instrumental in our ability to make this happen,” HCWH President and co-founder Gary Cohen wrote in an email. “It’s not often we can celebrate a global treaty that advances our goals of creating a healthier and more sustainable world. Thanks to Sally Osberg and Jeff Skoll and the Skoll Foundation Board for believing in our vision and our ability to manifest it in the world.”

“Through this campaign, we have built a global ecosystem of collaborators that can now pivot to address the largest source of mercury emissions—coal-fired power plants—as well as continue their journey with us toward sustainable healthcare through the Green and Healthy Hospitals Network, powered by Cisco,” Cohen continued. read more


“Open Heart” Airs Monday on HBO

October 10, 2013 by

Earlier this year, we told you about a very special documentary: Open Heart. We’re writing today because it’s playing on television for the first time, on Monday at 10:20 p.m. EST/7:20 p.m. PST on HBO. (See the HBO trailer starting at 39 seconds, above).

Part of the Skoll Foundation/Sundance Stories of ChangeOPEN HEART was nominated for an Academy Award in the Best Documentary Short category. While it didn’t win, our staffer Sandy Herz went to the Oscars and wrote about her experience.

Open Heart is the story of eight Rwandan children who leave their families behind and embark on a life-or-death journey to receive high-risk open-heart surgery in Africa’s only free-of-charge, state-of-the-art cardiac hospital, the Salam Center run by Emergency, an Italian NGO. Their heart valves, damaged and weakened by rheumatic heart disease, which develops from untreated childhood strep throat, leave them lethargic and weak. Some of the children have only months to live.

Here is the official media advisory:

Open Heart on HBO

Oscar-nominated documentary “Open Heart” premieres on HBO and features the Salam Center for Cardiac Surgery, run by EMERGENCY, on Monday, October 14th at 10:20 PM ET (7:20 PM PT)


On October 14th, HBO will premiere the Oscar-nominated documentary “Open Heart”, a powerful and touching story that follows eight children from Rwanda as they travel to Sudan to receive medical treatment for rheumatic heart disease (RHD), which develops from untreated strep throat. Far from their families and 2,500 miles from home, the children travel to the Salam Center for Cardiac Surgery in Sudan, Africa’s only hospital that performs high-standard cardiac surgery free of charge.

The Salam Center for Cardiac Surgery is run by EMERGENCY, an international non-profit organization founded in 1994 by the Italian war surgeon, Gino Strada and is based in Milan, Italy. In 2008, the organization established EMERGENCY USA based in San Francisco.

Although RHD is nearly non-existent among children in the US today, it continues to affect the lives of 18 million people in Africa, many of whom are children and who urgently need medical attention. Despite the fact that RHD kills 300,000 people per year, the Salam Center is the only facility in Africa that provides cardiac surgery free of charge. Funding for the Salam Center comes primarily from private donations (approximately 70%) as well as the Sudanese government (approximately 30%).

In addition to running the Salam Center for Cardiac Surgery in Sudan, EMERGENCY has also operated in high-risk and war-torn areas where many organizations don’t dare to enter including Afghanistan, Iraq, Sierra Leone, Central African Republic and more.



10 Tips for Social Entrepreneurs: How to Talk to a Problem Employee

October 7, 2013 by

In my time as a human resources director at the Skoll Foundation, I have talked many social entrepreneurs and one question that seems to come up often is: How do we attract and keep the best people, and at the same time address the issue of low performers?

We’ll talk mostly today about how to address poor performers, but interestingly the two are very much related. Allowing a poor performer to stay on a team indefinitely brings the team down and affects everyone’s job satisfaction.

Social entrepreneurs have very high ethical and moral codes regarding how they want to treat people.  So, it’s understandable that they may consider giving a poor performer honest and direct feedback to be unnecessarily harsh.  In addition, many think of their teams as extended family, which can make giving tough feedback more difficult.  However, in the world of social change there is important work to be done and we need the best possible talent to do it. Thus, we need to “keep the bar high” for all.  It seems that many social entrepreneurs have extremely high standards for themselves, but feel guilty applying those same standards to others. read more


Skoll Foundation and The Huffington Post Launch First Crowdfunding Challenge for Social Entrepreneurs

September 30, 2013 by

Up to $1 million in prize funding on Edward Norton’s CrowdRise

PALO ALTO, CA, September 30, 2013 – The Skoll Foundation, in partnership with The Huffington Post, is launching its first crowdfunding challenge designed to provide some of the world’s leading social entrepreneurs with an innovative platform to raise funds.

The “Skoll Social Entrepreneurs Challenge,” hosted on Edward Norton’s platform CrowdRise, has the potential to leverage up to $1 million in prize funding from the Skoll Foundation, including $250,000 in dedicated prize money through daily and weekly challenges and up to $750,000 in additional matching funds to be shared by all participants as fundraising thresholds are reached during the campaign.

The prize funding will go to the groups that raise the most through the Challenge. The top fundraising organization will receive $50,000; the runner-up will receive $40,000; and the organizations in third place through fifth place will receive $30,000, $20,000 and $10,000 respectively. Plus, an additional $100,000 in bonus prizing will be awarded throughout the Challenge. read more


Our Partnership With Cisco and Healthcare Without Harm: Nice Overview

September 26, 2013 by

In a new blog, Cisco’s Harbrinder Kang lists five principles of collaboration that he learned from the Skoll Foundation/Health Care Without Harm/Cisco partnership. An excerpt:

“1. Build relationships and networks that lead to trust.
Building relationships across countries and time zones requires dedication and intention. Health Care Without Harm provided a backbone organization with a high degree of trust. They built a network of networks by inviting 63 individuals committed to working on at least one of the three community goals to join GGHH Connect and share their work. They also recruited experts, known by the community for their leading work on key issues.

2. Turn human interactions into results.
The first 3 GGHH launched communities address:
• Chemicals: substitute harmful chemicals with safer alternatives
• Waste: reduce, treat, and safely dispose of health care waste
• Energy: implement energy efficiency and clean, renewable energy generation

Areas for content development and curation are balanced with community profiles and expert streams to encourage both concrete work toward solutions and casual conversation. Personal interactions happen within the platform by instant message, emails, and virtual face-to-face meetings. As common activities and interests emerge, social stewards and community managers encourage members with introductions.”

Read the rest:


Sally Osberg led a “deep dive” session on social entrepreneurship at Stanford PACS

September 16, 2013 by

Skoll Foundation CEO Sally Osberg recently spoke at the Stanford PACS (Center on Philanthropy and Civil Society), Philanthropy Innovation Summit, a forum for philanthropists to “illuminate, innovate and inspire their giving through learning from both peers and experts in the philanthropic field.”

Sally led a “deep dive” session on social entrepreneurship, which attracted an overflow crowd of conference delegates. Her opening remarks included the vision and mission of the Skoll Foundation, our focus areas, and case studies about Riders for Health and Camfed. She then fielded questions about why philanthropists might want to invest in social entrepreneurs.

Other speakers at the forum included Laurene Powell Jobs, Laura Arrillaga-Andreessen, CEO Marc Benioff, Ben Horowitz of Andreesen Horowitz and Jack Dorsey, co-founder of Twitter.

Learn more at


Sally Osberg and Jeff Skoll’s Op-Ed on Social Entrepreneurs Dare to Change the World

September 7, 2013 by

Today, Skoll Foundation Founder Jeff Skoll and CEO Sally Osberg wrote the first in a new series on, called “Social entrepreneurs dare to change the world.”

An excerpt:

“Motorcycle racer Andrea Coleman and her journalist husband, Barry Coleman, couldn’t forget what they saw during a trip to Somalia in 1986: hemorrhaging patients being carted to clinics in wheelbarrows, rusting vehicles abandoned by the side of the road, community health workers making their rounds by foot.

What all this signaled to the Colemans was a delivery system in deep disarray. It wasn’t simply the medical supplies that were lacking — vaccines, for example, or bed nets — but more mundane basics such as oil filters and lug nuts, along with the mechanics and maintenance protocols required to ensure transport that was fully functional.

As racers, the Colemans knew what it would take to build such a system. Upon returning to England, they got cracking, eventually mortgaging their house to found Riders for Health.

From food insecurity to lack of access to health care to growing environmental threats — if we’re going to solve the world’s most pressing problems, we need social entrepreneurs like the Colemans every bit as much as we need great institutions and great global leaders.”

Read the rest:


America’s Cup and SOCAP

September 6, 2013 by

By Joy Zhang, Skoll Foundation 

The Social Capital Markets (SOCAP) Conference was held this week in San Francisco, with the backdrop of the Golden Gate Bridge and the America’s Cup sailing competition.  As far removed as SOCAP is from the America’s Cup, the participants of SOCAP can also feel  as if they are from different worlds.  It’s a mash up of philanthropic donors, investors, nonprofits, for-profits – all there from perhaps the same ideological background (we care about impact!) but speaking different languages.  At the end of the day though, it’s the same conversation—and it’s not how can impact investing solve all our problems.  For a social entrepreneur, the million dollar question is: Who pays for what I do, and when?  And that answer includes the entire spectrum of folks who show up at SOCAP – and many more who don’t.

The health track highlighted this well.  For example, in a workshop on taking innovative global health solutions to scale, we had a small but diverse group of debt and equity providers, donors, nonprofit social enterprise, and one government representative.  The discussion centered around sources of revenue, and while donors may play a role in funding a health intervention, it’s much harder to ignore the role of government support when talking about scale.  (Speaking of which, maybe someone from Medicare and Medicaid should make it to SOCAP next year.)  In addition, revenues could come from out-of-pocket payments, insurance companies, pharmaceuticals, or any mix of the above.  And it could be one organization we’re talking about that is managing revenue coming from a multitude of sources.  The SOCAP crowd knows better than any other that the world is not so neatly divided between charity giving and money making.

That’s why philanthropic donors like us show up, and why we see great nonprofit social entrepreneurs like Skoll Awardees mothers2mothers, World Health Partners, Health Leads, Fair Trade USA, Vision Spring and others at an event like SOCAP.  It’s great to see the lines blurred at SOCAP where donors, investors, and terrific for-profit and nonprofit social entrepreneurs can sail to the finish line together.


How Skoll Awardees are Using Crowdfunding for Fundraising Success

August 8, 2013 by

We’re noticing an increasing number Skoll Awardees using crowdfunding for specific projects, and wanted to share more details in case you’re contemplating doing the same.

In June, Landesa launched its first crowd-funding effort with In this pilot effort, they featured their legal aid project in Andra Pradesh, with a goal of raising $10,000 to train and support 30 paralegals in the program. Those paralegals can, in a given year, help 1,000 families gain clear title to the land upon which they rely.

Landesa successfully raised the $10,000 needed.

In July, Search for Common Ground raised a little more than their $10,000 goal to launch a TV web series of their signature show, “The Team,” in America. See their Kickstarter promotional video, above.

“Although crowdfunding seems to be everywhere now, nonprofits were actually some of its earliest adopters,” writes Scot Chisholm, CEO & CoFounder, StayClassy (a crowdfunding site). “In the early days, nonprofits tied crowdfunding to their offline events, like runs, walks and rides.”

We at the Skoll Foundation partnered with the Huffington Post and CrowdRise, a crowdfunding site, on two campaigns and plan on doing one more. The first, called JobRaising, was geared toward creating jobs for America and raised $1,469,116 in donations to organizations who help support jobs.  82 percent of  those donations were less than $100.

Announced in March 2013, JVS Los Angeles (which provides job training, mentoring, expert career coaching, job placement and retention support) beat the field with $254,100 raised and received an additional $150,000 from The Skoll Foundation.    read more


New Guidebook: Top Tips on Making Any “Gather”-ing Matter More

July 30, 2013 by

In the age of budget cuts, global footprint monitoring, quantum leaps in video conferencing and renewed attention on work/life balance, are large, in-person convenings going the age of the dinosaur?

The answer is: yes and no.  For some meetings, there is no need to immerse oneself in content – and people. Video conferencing is a wonderfully efficient tool to cut down on travel time, hassle and carbon footprint, while being able to see important body language cues. But for other meetings, the ability to connect in person, with a large body of like-minded  individuals, is priceless. This is especially true if you live and work in remote areas of the world, or just want to connect with people from around the world for a dose  of inspiration, new ideas and human connection.

The Skoll World Forum, of which I am director, is such a meeting. It is big. It brings people from all over the world to Oxford to connect, share and collaborate. It immerses people in a small town for three days and offers them time and space to breathe – a moment to absorb new ideas, jettison old ones, meet fellow travelers and ultimately, progress their work. read more


David Rothschild’s New Blog: Include REDD+ in California’s Climate Policy

July 22, 2013 by

Today, Skoll Foundation Portfolio Principal David Rothschild co-authored a Skoll World Forum/ piece called “California Again Leads the Way, This Time with Forest Carbon Offsets: Often misunderstood, REDD+ forest carbon offsets are a “must have” for any realistic climate-change mitigation strategy.”

An excerpt:

“Californians are known as innovation leaders, and once again, we are on the verge of demonstrating critical leadership.  Only this time it isn’t about the Internet, social networking, reality television, venture capital or electric cars. It is about stopping tropical deforestation and supporting local communities. ‘What!?’ you say?  How is the great state of California, home of bankrupt and massive, thirsty desert cities and Silicon Valley, a place that elected such juggernauts of history as Ronald Reagan and Arnold Schwarzenegger, about to lead in avoiding tropical deforestation?

Thanks to the people of California, and Arnold, in 2006 we passed the California Global Warming Solutions Act (AB32). As a result, this January the state launched its own cap-and-trade carbon market, demonstrating global leadership on climate change as well as opening doors to further innovation in green technologies and job creation.  California now has an opportunity to again be an early adopter, offering polluting companies the chance to offset a small percentage of their carbon emissions by supporting reductions in tropical deforestation through a mechanism called jurisdictional REDD+ — Reducing Emissions from Deforestation and Forest Degradation. Since deforestation accounts for some 15% of global carbon emissions, reducing deforestation plays an essential role in addressing climate change.

Trees perform vital functions for our climate such as absorbing and storing carbon. But they are currently not valued for these services – and it is this shortcoming that REDD+ forest carbon offsets aim to address. Entities regulated under AB32 would be able to contribute to this solution by reducing a small portion of their emissions by purchasing forest carbon offsets as part of their strategies to reduce their carbon emissions.

Companies and other institutions can contribute to this effort by signing Code REDD’s Letter of Support for inclusion of REDD+ in CA’s climate policy.”

Read the rest:


Sally Osberg’s Rotman Magazine Piece: How Social Entrepreneurs Unleash Human Potential

July 5, 2013 by

Sally Osberg’s 4-page Rotman magazine article, “How Social Entrepreneurs Unleash Human Potential,” has hit newsstands. Below, we have included some highlights.

On Ambition: 

“Without ambition, I would argue, dreams risk remaining ethereal and untethered to reality.  Ambition moves human beings from wanting to improve their lives to taking the actions to do so.  Social entrepreneurs harness that force, creating ventures explicitly designed to help people help themselves.  For the disadvantaged populations served by most social entrepreneurs, tangible goals—more income, good jobs, and the dignity that comes with improved social status—matter.”

On what defines social entrepreneurs:

“As Roger Martin and I argued in “Social Entrepreneurship: The Case for Definition” [Stanford Social Innovation Review, Spring 2007], social entrepreneurs see and seize opportunities to crack the code on systems that hold human potential in check, setting their sights not just on incremental improvements to a status quo, but on equilibrium change.”

On Tim Hanstad of Landesa:

“Tim Hanstad is under no illusions as to the scale of global poverty.  Landesa, the organization he leads, has done the math and carried out the analysis: of the estimated 2.47 billion barely scraping by on less than $2 a day, three quarters live in rural areas and are dependent upon land they farm to survive.  More than 1 billion of these subsistence farmers, however, are not in control of the land they cultivate, a condition that perpetuates their poverty and exacerbates their vulnerability.  For families as for markets, uncertainty quashes ambition.  Faced with the real possibility that their property can be seized or redistributed, farmers won’t risk investing even the tiny sums needed to diversify crops or increase  yields.  But with title comes security and with security a more stable foundation for development. For four decades, Landesa has partnered with governments throughout the world in order to secure land rights for the rural poor, knowing that title is catalytic, setting in motion a virtuous cycle of development.”

On ambition as key to social entrepreneurship:

“Ambition can seem invisible, but its energy is undeniable.  To social entrepreneurs like those featured herein, no resource is as vital to prosperity as that of human potential.  Throughout the world, the ambition of women and men seeking freedom, self-determination, and opportunity is gathering force. Social entrepreneurs grasp the enormity of this momentum, appreciating the vast human potential underlying every data point on poverty, disease, environmental degradation and human suffering. They know that in the decades to come, this veritable tsunami of ambition will change countries, transform societies, and remake the world.”

Read the full article:


Jeff Skoll, John Marks on 100 Most Influential List

July 1, 2013 by

Action on Armed Violence just released its Top 100 most influential people in armed violence reduction. Congratulations to our founder Jeff Skoll and Skoll Awardee John Marks for this latest honor. David Tolbert of the International Center for Transitional Justice (ICTJ) and many former Skoll World Forum speakers are on the list, from Lakhdar Brahimi to Kofi Annan.

“Our list of the 100 most influential in reducing violence bows to the same conceits, to some degree.  We have our Jolie and our Clooney.  We have our rich and our powerful.  We have our headliners and opinion formers.

But there is a utility to our list.  The people on it are truly influential – they have proven track records of mobilizing change, reforming wrongs and reducing the impact of armed conflict,” wrote Iain Overton of Action on Armed Violence.

More about the list: “In 2011, at least 526,000 people died violent deaths around the world.  Over three-quarters of these occurred in non-conflict settings. A wide range of people around the globe are working to change this depressing reality. But who are these men and women who have dedicated their lives to making the world a safer place? Members of AOAV staff have come together to select 100 people who are outstanding examples of those trying to change the world for the better.”

See all the most influential:


How Better Trained Farmers are Slowing Brazil’s Deforestation

June 17, 2013 by

Today we are cross-posting a blog by Daniel Jensen of Mercy Corps’ Global Envision, focusing on our partnership with Mercy Corps and USAID. Here it is:

In Para, Brazil, farmers are turning a profit and the government is on track to slow deforestation thanks to local nonprofit Imazon, which got them to work together.

By 2003, Brazil was on the verge of an environmental catastrophe. As its economy expanded, cattle ranchers needed more land to graze their livestock, and few laws prevented them from burning down thousands of square kilometers of untitled land in the Amazon, causing vast environmental damage. In the worst regions, like Para, widespread poverty meant that stopping deforestation was at the bottom of the government’s list, despite massive efforts by groups like Greenpeace and Imazon.

A wave of environmental laws passed by the federal government from 2004 to 2008 seemed to complicate things for local governments and economies, even as deforestation rates fell. Many municipal governments couldn’t fully meet government targets under the new regulations but faced economic sanctions if they didn’t. A beef embargo prevented farmers from selling their meat to mainstream supermarket chains like Carrefour and Walmart if their municipality ended up on a blacklist for failing to reduce illegal deforestation to government-mandated levels. The government confiscated herds and sawmills from the law’s offenders. When Paragominas, a municipality in Para where Imazon worked, was placed on the list, 2,300 jobs and all the municipality’s federal agricultural credits disappeared within a year. read more


Revolutionary Optimists Airs on PBS Monday; Read What Happened After It Aired in India!

June 14, 2013 by

For those of you who watched “The Revolutionary Optimists” film, you’ll be thrilled to know “the amazing, awe-inspiring accomplishment of the Prayasam youth since the film has come out: the city finally dug a clean water line to their community, after neglecting to do so for 35 years.”

Those are the words of co-filmmaker Nicole Newnham, who with Maren Grainger-Monsen, made the film as part of our Stories of Change.

If you missed it in theaters, the film airs Monday on PBS. (Check your local listings for time).

“The Revolutionary Optimists” draws us into the world of two 11-year olds with no access to clean drinking water, a girl forced to labor inside a brick kiln, and a teenage dancer on the precipice of choosing child marriage to escape from her abusive family. From these fragile lives, lawyer turned change-agent Amlan Ganguly mines the strength and vision to build a most unlikely revolution. The film follows Ganguly and 4 children from Kolkata’s poorest slums on an intimate journey through their adolescence. Together they fight seemingly insurmountable odds to build a better future for themselves and their community, challenging the notion that marginalization is written into their destiny.

“The youth and their parents galvanized a movement – based on the children’s community mapping and data collection around water – for a clean drinking water line,” Newnham said. “When we originally finished the film, the end said, ‘The children are still waiting for a drinking water tap.’ Amlan held a screening in Kolkata for the government and press. Within just a few weeks, the digging of the water line had begun.  This is a result of Amlan’s 15 years of dedication to working with the youth of this community, and to Prayasam and the children’s tenacity and bravery!”

“We have been so grateful to have been part of the Skoll Foundation/Sundance Stories of Change initiative; making the film as a part of this supportive network has helped us immeasurably,” said Newnham.



Sally Osberg Speaks, Leads Discussion at Annenberg Alchemy Gold

June 13, 2013 by

Today, Skoll Foundation CEO Sally Osberg is serving as a discussion leader at Annenberg Alchemy Gold, a collaborative of 30 Los Angeles-area grantmakers dedicated to strengthening the Los Angeles nonprofit sector. She is focusing on capacity building that can scale impact. Alchemy Gold is a learning collaborative and unique opportunity for philanthropy practitioners that’s  strategic and comprehensive, and offers a venue for dialogue and problem-solving. Partners convene quarterly to learn from experts (such as Sally Osberg) in capacity building around fundraising, leadership development, board governance and other topics. They also engage in facilitated conversations and identify best practices, methodologies, and tactics to increase the sector’s effectiveness and impact. In the photo above, she’s with Annenberg Foundation Director of Operations Sylia Obagi. Learn more:


David Rothschild’s Trip to Brazil: Seeing Deforestation Solutions Firsthand

June 12, 2013 by

I just returned from Brazil, where I visited partners in the Amazon states of Para and Mato Grosso.  Before I get into the nitty-gritty, let me reflect on the big picture regarding the State of Para in Brazil.  Para is clearly undergoing a dramatic and deep transformation.  Only a few years ago, Para was a place I was afraid to travel to, a place where organized crime ruled and assassins were available for hire almost openly.  It was known as the wild west of the Amazon—more so than any other place in the Amazon (the size of the continental US).  Quite a few environmental or human rights activists had been killed or threatened.  This is where in 2005 Sister Dorothy Stang was murdered in cold blood for standing up for the poor.

Today, more than half of the private lands are registered with the state and monitored, and organized crime has less of a stranglehold.  In place of lawlessness and fear, one feels a real sense of pride emerging alongside a booming economy and increased governance.   Para is not like it was in 2005; Para is not like it was 5 years ago.  Para isn’t even like it was one year ago. read more


Sally Osberg Speaks at Arianna Huffington’s Women’s Conference + Raise for Women Winner Announced

June 7, 2013 by

Yesterday, Sally Osberg spoke on “Giving Back” featuring Moderator Lesley Stahl and panelists Cathy Isaacson and Paula Zakaria. Here’s the press release:

On June 6, 2013 in New York, hundreds of influential men and women in media, business, politics and entertainment gathered at The Huffington Post’s first-ever women’s conference, “The Third Metric: Redefining Success Beyond Money and Power,” to discuss a more humane and sustainable definition of what it means to be successful.
The Conference was hosted by Arianna Huffington, president and editor-in-chief of The Huffington Post Media Group, and Mika Brzezinski, co-host of MSNBC’s “Morning Joe.”
Panel discussions included topics such as Leadership and Wisdom, Wellness and the Bottom Line, the Connection Between Giving Back and Well-Being, and Millennials Leading Us Into the Future, among others. read more


Raise for Women Announcement to be Made Today Before Sally Osberg’s Third Metric Panel

June 6, 2013 by

Today, Sally Osberg is speaking at the Third Metric women’s conference at Arianna Huffington’s New York City home. At 5 p.m. EST, the winners of our Raise for Women contest will be announced. Then, the panel, called “Giving Back,” will commence, featuring Moderator Lesley Stahl and panelists Cathy Isaacson, Sally Osberg, Jill Van Den Brule and Paula Zakaria.

Read the live blog at and follow the conference on Twitter at #thirdmetric. See photos at


Peter Hero on Modern Day Philanthropy

May 7, 2013 by

Richard Fahey, Chief Operating Officer at the Skoll Foundation and Dipender Saluja, Managing Director of the Capricorn Investment Group and Skoll Board Member Peter Hero just returned from Australia, where they spoke on a panel on impact investment. Here’s a new interview in Pro Bono Australia News with Mr. Hero:

“The modern day philanthropists in 2013 are ‘impatient’ with self-made wealth who want to see the end of big issues in their lifetime and be able to measure their impact, a high impact philanthropy event in Melbourne has been told.

Photo: Daniel Mendelbaum

Peter Hero, founder and principal of the US-based Hero Group, told the Lord Mayor’s Charitable Foundation 100-person delegation that giving tends to peak at around the 50 year mark, as opposed to 70 back in the 20th century.

‘They are giving their money away earlier,’ Hero said.

‘They want to give it away in their lifetime.’

Richard Fahey, Chief Operating Officer at the Skoll Foundation and Dipender Saluja, Managing Director of the Capricorn Investment Group also spoke at the event focussing on Social Investment & High Impact Philanthropy.

The wealth of 21st century philanthropists is predominantly self-made at 93% across the United States, according to Hero. This shift differs from 40 years ago when 50% of wealth was inherited and the mindset of giving was different.

In an interview with Pro Bono Australia News, Hero explained that modern day philanthropists in California’s Silicon Valley are more interested in giving money to solutions, not to problems.

‘They are compelled to action by plans and ideas to solve problems,’ he said.

Read the rest:‘impatient’-21st-century-philanthropists#


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