Business as a Force for Social Good

This post was written by J.D. Brady on behalf of the Case Foundation:

At the Case Foundation, we believe impact investing is an excellent example of how business and philanthropy can work hand-in-hand to drive social change. We applaud the work of for-profit enterprises that deliver both a financial and social return, and we encourage investors to support the growth of these companies.

J.P. Morgan’s Nicholas Tedesco is doing just that–creating a bridge between for-profit and non-profit worlds. He joined us at MCON 2015—our annual event that brings together thought leaders from across sectors to explore new ideas regarding engagement with the Millennial generation. As a Senior Philanthropic Advisor in the J.P. Morgan Philanthropy Centre, Nicholas helps clients achieve their philanthropic goals. Before joining J.P. Morgan, Nicholas was with the Bill and Melinda Gates Foundation. In that role, Nicholas helped launch the Giving Pledge, an undertaking that encourages the world’s wealthiest people to dedicate the majority of their wealth to philanthropic endeavors. To date, nearly 200 philanthropists have signed the pledge.

The Case Foundation sat down with Nicholas to discuss the Millennial generation’s approach to investing, where the impact investing sector is headed and what challenges leaders in the philanthropic space.

CF: How do you see Millennials engaging in philanthropy?

NT: It has been widely talked about that we are in the midst of the greatest wealth transfer in history–-the next generation will inherit an estimated $59 trillion over the next 40 years and are positioned to be some of the most influential donors in history. We are seeing some interesting trends among Millennials with respect to their giving. It is starting earlier: wealth is being made at a much earlier age and on a much larger scale than ever before. And people are looking to give back much earlier. They are taking a venture approach–-they are looking to address large-scale social problems with a more hands-on and results-oriented approach. They are also willing to experiment and test new approaches and are more apt to employ nontraditional methods like impact investing.

CF: What is the most interesting thing that you’ve seen in the last year regarding impact investing?

NT: One of the most interesting things I have seen in the last year is the rise in popularity of social impact bonds. Although they are still largely in their infancy, social impact bonds are gaining traction. Utah is spearheading a program that will bring a lot of attention to the “pay for success” model, as are California and Oregon. Although the model will likely never be widely adopted due to its reliance on the government, it is shedding light on the importance of impact metrics.

CF: Is the impact investing movement growing? Do you think we’re at a tipping point?

NT: I absolutely believe that the impact investing movement is growing–-particularly on the west coast. Its core tenants appeal to younger donors who are eager to tackle longstanding social issues with a multipronged approach. We are also seeing an increased awareness among the business community that social and economic returns do not have to be mutually exclusive and decoupled. I do not think we are at a tipping point (yet). We need a few more years to allow more deals to surface, investments to mature, and thought leaders (like Jean and Steve Case) to inform the general public. Impact investing is still a largely unknown and young movement and people are reluctant to be a pioneer.

CF: What are the greatest challenges philanthropic leaders are addressing today?

NT: One of the greatest challenges philanthropy–-as a discipline–-is facing is how to define and measure impact. Americans gave a record $335 billion to charitable causes in 2013, yet it is hard to quantify the impact of those gifts. There are very few philanthropists who are equipped to adequately assess the yield of their grants–-with a large number of donors simply trusting their grantees to execute a successful strategy. However, we are seeing an increased focus on measurement and evaluation from philanthropists at all levels, and as a result, we are seeing donors who are much more engaged with the organizations that they choose to fund.

This is the fourth in a series of blog posts featuring speakers from MCON 2015. Check back to learn about more innovators and leaders from the private, nonprofit and public sectors. Also, be sure to check out the 2015 Millennial Impact Report

It’s In Our Jeans: How One Clothing Brand Conquered Fear

This post was written by J.D. Brady on behalf of the Case Foundation:

Few changemakers embody the Be Fearless mantra quite like Levi Strauss & Co. and its Foundation. For more than 160 years, the brand has implemented a unique approach to investing in causes. As a company, they have always strived to go first. In fact, they were one of the first brands to help fight against the HIV/AIDS epidemic; their work force was racially integrated years before Civil Rights legislation was implemented; and the company was one of the first to offer domestic partner benefits. Levi Strauss & Co. developed “the code that launched a thousand codes” when it became one of the first companies to create a “code of conduct” determining how contractors must treat workers and the expectation of contractors to produce a quality environment in which to work.

Just last year the Case Foundation featured the Foundation as a Be Fearless case study. Led by executive director Daniel Jae-Won Lee, the Foundation makes big bets and causes they are invested in and was one of the first to set aside dedicated funds for an experimental, “innovation” portfolio. Each year roughly 15 to 20 percent of their budget is directed to potentially transformative projects and their leaders with great ideas.

In advance of MCON this month, Daniel shares his lessons learned at the helm of the foundation and how his team has worked to solve some of society’s most pressing social issues. We look forward to hearing him share his insights at MCON 2015.

CF: Part of your emphasis as an organization is improving worker well-being at apparel companies located in communities where your products are made. Tell us more about these efforts and what impact you have made.

DL: We have a longstanding commitment to improve the well-being and rights of people who make our products. Levi Strauss & Co. has invested more than $10 million in the past fifteen years on factory-based programs to enhance the health, financial security, life skills and awareness of apparel workers. But here’s the catch: when we asked how many of these terrific initiatives were sustained in the factory beyond our initial funding, the answer was resounding — zilch.

Out of this came a new business approach: Improving Worker Well-being. Our foundation is supporting efforts by Levi Strauss & Co. to foster the ownership and sustainability of these programs among key vendors in the supply chain, based on the premise that what is good for workers is also good for business. We recognize a lynchpin to factory ownership is measuring the social and business impact of these worker programs. Studies have shown that for every dollar invested in women’s health on the factory floor, there are three or four dollars of return in terms of improved productivity and reduced absenteeism. It won’t be turnkey or overnight success, but the company is committed to working with its key suppliers over the next five years to generating this business and social value – and making Improving Worker Well-being a way of doing business.

CF: What are the greatest challenges facing communities today? What are some ways the Levi Strauss Foundation is addressing these challenges?

DL: In the United States and across the globe, the rise of income inequality is one of the most critical issues of our time. It is striking to see both Democrats and Republicans speaking on this topic in the prelude to the 2016 Presidential election. The Levi Strauss Foundation has invested $7.5 million in asset building programs since 2007. These allow low-income people not merely to gain an income but also generate savings and invest in long-term assets like education or a home. More recently we joined SF Gives, a collaborative effort spearheaded by the anti-poverty champion, Tipping Point, and Marc Benioff, founder and CEO of Salesforce. The initiative takes a full-circle approach by bringing together companies from across the Bay Area – including many new players from the technology sector – to leverage their support, employees and influence to address poverty in the Bay Area.

CF: What is one of the biggest bets that the Levi Strauss Foundation has made since its inception?

DL: In 1982, Levi Strauss & Co. was among the first corporations to respond to HIV/AIDS (even before it had a name, when it emerged a mysterious and deadly virus) due to its impact on our employees. One year later, our foundation was the first to help fund the fight against the epidemic. More than 30 years later, this global epidemic is expanding in key markets like Russia, China, India, South Africa and the United States. Due to stigma and discrimination, those people and groups who bear the brunt of this epidemic are viewed as not worthy of having rights.

In the early days of the epidemic, our funding helped seed and grow many incredible organizations – first in San Francisco and eventually in over thirty countries around the globe. Today, the Levi Strauss Foundation is proudly supporting the human rights response to this global epidemic, an approach that receives less than one percent of total HIV/AIDS funding. Only by changing discriminatory laws, bad public health policies and stigmatizing cultural practices – and cultivating those groups most impacted by HIV/AIDS as advocates and agents of change – can we claim victory over this disease and cultivate an AIDS-free generation.

This is the first in a series of blog posts featuring speakers from MCON 2015. Check back to learn about more innovators and leaders from the private, nonprofit and public sectors. Also, be sure to tune in to the live stream of MCON on June 24th and 25th!

The Power of Influence: Get Ready for MCON 2015

This post was written by Derrick Feldmann on behalf of the Case Foundation:

In 2010, Achieve and the Case Foundation began an effort to understand the dynamics between organizations and a new generation of donors and activists. Together, we established the Millennial Impact Project to fill a knowledge gap that existed in the field: How does the Millennial generation connect, involve and support causes?

This research has helped thousands of organizations and companies reach and activate this generation of do-gooders, but we didn’t want our findings to stay just on paper; we wanted to cultivate a learning experience. That is why we launched MCON in 2012, and it has since grown into the nation’s premier conference on the movements that are improving our world and how the next generation is shaping the work we do in communities across the country.

Year after year, MCON proves to be an unforgettable experience for every online and in-person attendee. Participants come from across the country to discover how the next generation is influencing their world and the way they operate within it. MCON provides the foundation for understanding today’s cause movements and how to move interest in a cause into action for a cause.

In that spirit, MCON 2015 will focus on the concept of influence. Specifically, we will explore the power of influence through “art, media business and place.” In today’s super connected world, we are constantly being influenced to act. This year, we want to understand how these four industries influence people to ‘do good’ and act on behalf of an issue. We will discuss ways to bring people together, activate the next generation and create company and organizational cultures that establish openness, accessibility and transparency.

To help the audience understand the power of influence, we’re gathering an incredible lineup of entrepreneurs, activists, artists and visionaries who are influencing others to ‘do good’.

Daniel Lubetzky, founder of KIND Snacks, will headline the first night of this two-day conference. Daniel is a pioneering social entrepreneur known in the international community for developing business models that integrate social objectives with sustainable market-driven forces. He founded KIND Healthy Snacks in 2004 with the mission of making the world a little kinder, one snack and act at a time. Today, KIND is available at more than 150,000 retailers and is the fastest-growing snack company in the U.S., and the KIND Movement has inspired nearly a million acts of kindness among its community.

In the art section, we’re highlighting designers and artists whose projects have increased awareness and inspired change. Sarah Urist Green is the creator and curator of The Art Assignment, an educational video series produced by PBS Digital Studios that introduces us to the most innovative minds in art today, practicing alternative approaches to art-making. Designer Stephen Kenn will also present on some of the ideas and works that have made him one of the most sought-after artists of our time.

This year, MCON also features several journalists and media professionals who are experts in highlighting social issues. Peter Koechley, for example, served as an editor for The Onion before co-founding Upworthy. To date, the Upworthy community has dedicated nearly 2 billion minutes of attention to important stories for a better world, ranging from the criminal justice system reform to advertising’s adverse effects on body image to clean energy.

The business session will include social entrepreneurs, companies and leaders who are transforming business models to influence social change. One speaker in this session, Daniel Jae-Won Lee, Executive Director of the Levi Strauss Foundation, will present on how his organization advances pioneering social change in the areas of HIV/AIDS, worker rights and well being, asset building and social justice in communities touched by Levi Strauss & Co.’s business.

The place session features civic and cause activists who are driving community and cultural change. Fagan Harris, CEO and President of Baltimore Corps, an organization dedicated to building a stronger Baltimore by mobilizing a new generation of leaders focused on urban renewal. We’ll also hear from the co-founder and president of the Michigan Urban Farming Initiative, Tyson Gersh. Tyson uses urban agriculture as a platform to promote education, sustainability and community to solve some of the social issues currently facing Detroit.

That just scratches what will happen at MCON this year.

You’ll want to attend MCON if you are a:

  • Cause leader seeking to change the culture of your organization and better engage a new generation of cause enthusiast.
  • Cause marketer looking to build an effective platform to move individuals from cause enthusiasm to action.
  • Cause enthusiast looking to embark on a new personal journey of social good that you haven’t yet defined.

Join us at MCON June 24-25 and discover the power of influence. There are two ways to experience this year’s event. Attend in person at the Museum of Contemporary Art Chicago, or you can watch both days of speaker presentations online. Learn more and register at mcon.events.

Derrick Feldmann is the producer of MCON, the nation’s premier conference on Millennials and causes. He leads the research efforts for The Millennial Impact Project and serves as president of Achieve, a research and creative agency for causes.

2015 Conferences On Our Radar

This post was written by Jade Floyd and Anna Windsor on behalf of the Case Foundation:

Networking with people we admire, making new connections, and learning from organizations that inspire us: those are just a few reasons we love attending conferences and convenings in the social sector and beyond that help us advance our efforts to revolutionize philanthropy, unleash entrepreneurship and ignite civic engagement. While we wish we could find a way to easily clone ourselves and make it to all of the incredible gatherings there are to choose from, here are the few we’ll be attending (and in some cases hosting panels, dinners and other discussions) in 2015:

Opportunity Nation Summit, February 25 – 26, Washington, D.C.

The National Opportunity Summit unites a bipartisan, cross-sector group of business leaders, nonprofits, elected officials and young people working together to address the crisis of youth unemployment and its impact on opportunity in America. Join the Case Foundation for a panel on the “Power of Entrepreneurship on Youth Unemployment.” More details HERE.

Nonprofit Technology Conference (NTEN), March 4 – 6, Austin, TX

The Nonprofit Technology Conference highlights the latest technologies and best strategies to address pressing issues in the nonprofit sectors. Be sure to check out our own Elyse Greenberg on March 6th as she joins a panel of social media professionals for a lively conversation around engagement. They will explore how better engagement can lead to stronger programs, higher returns and greater impact for you and your initiatives. More details HERE.

SXSW Interactive, March 13 – 17, Austin, TX

The SXSW Interactive Festival is an incubator for cutting-edge technologies and digital creativity that tens of thousands flock to each year in Austin. Be sure to pop over to the many events hosted by the Case Foundation, including:

  • Our CEO, Jean Case will lead a lively “Impact Investing Rumble,” where champions of impact investing will take on the nay sayers in a tag-team style debate to fight it out over whether or not one can really invest and receive financial returns. More details HERE.
  • A Be Fearless Breakout Session where you can explore how you and your organization can integrate strategies and tactics to create greater impact and more meaningful social change. More details HERE.
  • A session on How Potato Salad Killed/Saved Crowdfunding moderated by our own Allyson Burns with Gary Wohlfeill from Crowdrise; Ryan Grepper who created the Coolest Cooler which was one of the most popular campaigns on Kickstarter; and Zack Brown, the “potato salad guy” from from Kickstarter. Together they will explore the future of crowdfunding for nonprofits, for-profits and individuals and what this shift in crowdfunding means for the future of the sector. More details HERE.
  • Join us in the convention center for a featured presentation on the future of entrepreneurship by our Chairman, Steve Case, including a fireside chat Catherine Rampell from the Washington Post. More details HERE.
  • Later, Steve will join fellow judges Troy Carter and Sallie Krawcheck for the Rise of the Rest pitch competition. Join us as they showcase emerging startup ecosystems across the U.S. Five companies will have five minutes to pitch and the winning startup will receive a $100,000 investment. More details HERE.
  • Pop over to the “Startup Oasis” produced by UP Global and the Kauffman Foundation from March 14-16th. Steve will join other entrepreneurs and startups at sessions and happy hours focused on women, fintech and education. Sign up HERE.

Skoll World Forum, April 15-17, Oxford, England

Every year in Oxford more than 1,000 thought leaders from the social, financial, private and public sectors convene to innovate, accelerate and scale solutions to the world’s greatest social issues. More details HERE. Council on Foundations Annual Meeting, April 26 – 28, San Francisco, CA The Council on Foundations’ Annual Meeting brings together global leaders from across philanthropy to develop the ideas and strategies that will shape the future. More details HERE.

Milken Institute Global Conference, April 26 – 29, Los Angeles, CA

The four-day conference in Los Angeles unites attendees as they devise solutions to today’s most pressing challenges. Stay tuned for more on events hosted by the Case Foundation to be announced in the coming weeks. More details HERE. Do Good Data, April 30 – May 1, Chicago, IL Do Good Data features innovative leaders who weigh in on how data is creating a more effective and efficient sector. More details HERE.

Forward Cities, date TBD

Forward Cities is a multi-city, national learning collaborative between New Orleans, Detroit, Cleveland and Durham. Over the next two years, leaders and local innovators from each of these cities are convening to connect with one another as they work to increase entrepreneurial activity and connectivity in disconnected communities. The Case Foundation is looking forward to supporting several of their upcoming meetings in Detroit and Cleveland this year so stay tuned for more!

EPIP National Conference, May 12 – 14, New Orleans, LA

The Emerging Practitioners in Philanthropy National Conference aims to develop leaders who are better equipped to advance social change. The theme for this year’s conference is “Emerging Voices, Empowering Communities” and will unite attendees as they address social disparities and discuss best practices to advance social change. More details HERE.

The Millennial Impact – MCON 2015, June 24-25, Chicago, IL

Each year the Case Foundation hosts MCON, a two-day experience for corporate, nonprofit and public leaders who create and build movements for causes by engaging the Millennial generation. MCON will be an especially enriching experience for cause marketers, and cause enthusiasts and cause leaders seeking to change the culture of their organizations. More details HERE.

Mashable Social Good Summit, September 27 th- 28th, New York, NY

The Mashable Social Good Summit is a conference examining the impact of technology and new media on social good initiates around the world. The summit is held during UN Week in New York City and unites a community of global leaders and grassroots activists. This year’s theme will be #2030NOW, asking the question, “What type of world do I want to live in by the year 2030?” More details HERE.

SOCAP, October 6 – 9, San Francisco, CA

SOCAP 15 (Social Capital Markets) will unite innovators in business, tech, the sharing economy, health and philanthropy to advance environmental and social causes through impact investing and social enterprise. More details HERE.

Independent Sector, October 27 – 29, Miami, FL

The Independent Sector Conference uses innovative formats to share the expertise of staff and board members from nonprofits, foundations and corporate philanthropy programs. The conference also features special programs including like NGen: Moving Nonprofit Leaders from Next to Now, as well as the Public Policy Action Institute. More details HERE.

2015 BoardSource Leadership Forum, November 9 – 10, New Orleans, LA

The BoardSource Leadership Forum is one of the largest annual gatherings of nonprofit board leaders. At this convening, attendees will discuss the latest trends and best practices in nonprofit governance to help guide their organizations toward greater impact. More details HERE.

We hope to see you at one or more of these gatherings, and look forward to sharing more about our learnings. We’ll check in later this year with an update on new gatherings that we’ve added to our calendar.

Have a conference not listed here that should be on our radar? Tweet us @CaseFoundation to share with #CFBlog.