There are a lot of people who want to do good in the world, but few have the resources to do it on a large scale. That’s why development and grant writing are such big parts of running a non-profit. Unfortunately, those two activities don’t often direct fund where they’ll be most effectively used. That’s why Dr. Ted Caplow started a non-profit called the Whole New World Foundation that works “to crowd-source the most promising solutions to important challenges” by offering cash prizes. The Miami, FL based organization branded this contest as Children’s Prize and gave $1 million to a Pakistani doctor who said he would be able to save 165 lives with the money.
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A lot of thoughts come to mind when the name Hilton comes up. Hotels. Paris. Conrad Hilton’s appearance in Mad Men. Some of these thoughts are more positive than others, but the most positive should probably be for the Conrad N. Hilton Foundation. It’s an Agoura Hills, CA based non-profit “family foundation established in 1944 by the man who started Hilton Hotels” that provides “funds to nonprofit organizations working to improve the lives of disadvantaged and vulnerable people throughout the world.” The foundations assets are more than $2.4 billion, so they’ll be doing a lot of good for a long time.
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I’m a bit upset that the Super Bowl is overshadowing Punxsutawney Phil’s big day, but that varmint says we’re having six more weeks of winter, so let’s talk about somebody who actually deserves attention: Peyton Manning. I’m pretty sure that I could be the guy in a foot race, yet he’s dominating one of the most athletic sports leagues in the world. He also gives a lot back through his non-profit, the Peyback Foundation. It’s an Indianapolis, IN based organization that aims “to promote the future success of disadvantaged youth by assisting programs that provide leadership and growth opportunities for children at risk.” The Peyback Foundation doesn’t have a Careers page, but I checked on LinkedIn, and they do have employees and interns. What’s the point? Tons of football players (here’s a list) and other pro athletes have foundations and charities. They may be long shots, but some will have career opportunities. Find the ones that interest you and reach out to see if you might be able to work with them.
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I often hear from readers that we cover too many opportunities in the San Francisco Bay Area. Unfortunately, I have no control over where the best opportunities pop up. San Francisco’s economy has been booming for a while now, and that makes an already exciting city even more exciting. The San Francisco Foundation is a non-profit that was founded in 1948 “to pull the community together to create pride and unity and improve quality of life” in the Bay Area. Having awarded more than $800 million in grants over the past decade, the Foundation has certainly played a strong role in making San Francisco the place it is today.
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Our country has produced some truly amazing individual success stories. They are names that we all recognize like Carnegie, Vanderbilt, Rockefeller, Walton, Buffett, and Gates. Not surprisingly, most of those names have ended up attached to foundations–when you have that much wealth it’s hard not to put it to work doing good. Just look at The Rockefeller Foundation. They are based in New York, NY, and their mission is “to promote the well-being of humanity throughout the world.” The Foundation was incorporated in 1913 with a $35 million gift from John D. Rockefeller Sr. (he added $65 million the next year). More donations and smart investment have led the endowment to grow to over $3 billion today.
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Last week in my write up on the U.S. Association Of Former Members Of Congress, I touched on the idea that our politicians might be more effective after they retire from public service. I think this is especially true for members of Congress who have no term limits and constantly need to worry about being reelected, but I think that presidents face similar pressures to follow the polls. Once they’re out of office, former politicians are free to work on the problems that they think are important. For President Clinton this work manifests itself through the William J. Clinton Foundation, which is Little Rock, AR and New York, NY based non-profit organization that aims to “improve global health, strengthen economies worldwide, promote healthier childhoods, and protect the environment by fostering partnerships among governments, businesses, nongovernmental organizations, and private citizens.”
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Having so much money that you can give it away is something that we can all aspire to. The Haas family certainly achieved that. The donations started in 1945 through the Phoebe Waterman Foundation when they gave for “relief in post-War Europe, scholarships for fatherless children, and support for medical and educational institutions.” By 1955 the family was making grants of more than $100,000 a year, so they hired someone to manage the foundation. By 1970 the number reached $7 million per year, and the foundation was renamed the Willliam Penn Foundation. Today the fund has nearly $2 billion, and distributes approximately $80 million annually. The organization is based in Philadelphia, PA, and “is dedicated to improving the quality of life in the Greater Philadelphia region through efforts that foster rich cultural expression, strengthen children’s futures, and deepen connections to nature and community.”
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I’m no art expert, which is probably why most of the artists whose work I am familiar with are both European and dead. My knowledge of contemporary American art is pretty limited. Maybe that would change if I visited the Whitney Museum of American Art in New York, NY, as it’s the “preeminent institution devoted to the art of the United States.” My awesome sister (who is a painter now pursuing a career in medicine) gave me the heads up on the fact that they’re hiring interns. The Whitney Museum of American Art was founded in 1930 after sculptor Gertrude Vanderbilt Whitney’s offer to the The Metropolitan Museum of Art of a collection of more than 500 works was rejected. Much like taking her ball and going home, she took her art and started a new museum.
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Maybe I’m dating myself, but I was a big AOL user back in the day. It’s where I started learning about the Internet, so it wasn’t just about chat rooms and IMs for me. I remember getting monthly e-mails from Steve Case, who was the Founder and CEO of the company. Believe it or not, I think I actually read them. Anyway, AOL is a very different company these days, and Steve Case is no longer involved. A lot of what he does now along with his wife Jean Case is focused on The Case Foundation, a Washington, DC based non-profit organization that reflects “their family’s commitment to finding lasting solutions for complex social challenges.” That may sound a bit broad, but it’s really about investing some of the wealth that the Cases have accumulated in “people and ideas that can change the world” regardless of whether they fit into a specific category.
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You know somebody is rich when they have a foundation named after them. You know somebody is really rich when their kids have their own foundations. That was the case with Andrew W. Mellon. In 1940 his daughter Ailsa Mellon Bruce established The Avalon Foundation, and in 1941 his son Paul Mellon established The Old Dominion Foundation. In 1969, with the combined value of the foundations at $220 million, the children decided to merge their foundations in honor of their father. That seems to have been a good decision considering that The Andrew W. Mellon Foundation, which is based in New York City, has assets totaling $6.5 billion in 2007. In case you don’t know who Andrew Mellon was, you can read his story here. The short of it was that he was held in the same esteem as men like Rockefeller, Ford, Carnegie, Morgan, and Frick, but he differed in that “he excelled in four fields of endeavor: as a businessman and banker; as a politician and statesman; as an art collector; and as a philanthropist.”
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