Skip to content

News & Events | 6 May 2013 | Lipman Prize, Deadlines for Funding Impact, Alumni Weekend, Investments and Intrigue, Oh My!

May 6, 2013

In case you missed it…

The Promise and Power of Networks: Highlights from the Second Annual 100Kin10 Summit: Find out how networks of individuals and organizations are working together to recruit and retain 100,000 teachers in science, technology, engineering, and math.

Charity can’t fill holes in aid to poor: The Philadelphia Inquirer focuses on hunger and poverty—specifically access to SNAP (food stamp) benefits—and cites a number of individuals and organizations (including ours) working on these issues.

And the 2013 Lipman Family Prize Winner is…READ Global! Two weeks ago, the Barry & Marie Lipman Award and Prize of $100,000 was awarded to READ Global for their economic growth and education work in rural areas of Bhutan, India, and Nepal. Read more here, watch a short video, and visit the Lipman Prize website for details on this program.

What’s Going On?

PA_image-business eitc ostcFor donors and businesses interested in going beyond grants to fund social impact, the dates for applying to the Opportunity Scholarship Tax Credit (OSTC) or the Educational Improvement Tax Credit (EITC) programs are approaching.

  • Returning donors to either program can renew applications beginning May 15, 2013.
  • New donors can apply as early as July 1, 2013.
  • To begin the application process, you can register and create a username and password to apply at: https://www.esa.dced.state.pa.us/Login.aspx.

Penn Alumna and vice president of Encore.org, Marci Alboher, is speaking at the Penn Bookstore this Sat 5/11 from 3-4:30pm for Penn Alumni Weekend about her new book, The Encore Career Handbook: How to Make a Living and a Difference in the Second Half of Life. Learn more about Encore Careers from our recent blog on social entrepreneurship after the age of 60.

This week kicks off “Education Week” on the TED website along with a TED Talks Education special on PBS tomorrow (Tue 5/7, 10pm ET) with host John Legend, and other speakers such as Bill Gates, Penn’s Angela Lee Duckworth, and Harlem Children’s Zone’s Geoffrey Canada.

Investments and Intrigue

China commits billions in aid to Africa as part of charm offensive: Regardless of China’s rationale for involvement, the fact that it has committed $75 billion over the last decade in aid and development to Africa has implications for donors. But until recently, due to very limited release of detail from the Chinese government, the programmatic implications were hazy. However, the launch of a new public database—Aid Data—provides donors with an improved opportunity to think about leverage regarding health, education, and cultural projects. On the journey to sustainable Impact Investing, laying the foundations of trust and engagement at a local level is part of the “critical path”.

High Stakes Donor Collaborations: This Stanford Social Innovation Review spring philanthropy piece profiles “high stakes collaboratives” (i.e., efforts where there is a multi-year vision around which donors pool talent, resources, and decision-making). The article contains a helpful “Advice from the Front Lines” section which distills a few practical insights that donors should consider when a “go it alone” strategy is less likely to yield the desired impact.

“What’s the impact of one pink dress?” asks Jacob Lief, Penn alum and co-founder and President of the Ubuntu Education Fund, in a Devex article from last November. Lief questions the real meaning behind terms like “impact investment” and “cost-effectiveness” and argues for the importance of investing in long-term outcomes while avoiding the trap of meaningless heuristics.

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: