Giving Thoughts

Mar
29
2016

Corporate Venture Capital for Social Impact: Medipass

By Dr Rob John, Visiting Senior Fellow, National University of Singapore Business School, and Advisory Board Member, The Conference Board Initiative on Corporate Philanthropy

In my previous post, I introduced the idea that some companies are using corporate venture capital (CVC) to invest in businesses that intentionally create environmental or social value. I also featured a case study about the Pearson Affordable Learning Fund (PALF), which invests in “novel educational innovations with commercial potential.” Today’s post continues the theme of CVC, looking at the Italian healthcare company, Medipass.

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Mar
22
2016

Corporate Venture Capital for Social Impact: Pearson PLC

By Dr Rob John, Visiting Senior Fellow, National University of Singapore Business School, and Advisory Board Member, The Conference Board Initiative on Corporate Philanthropy

In my series of working papers on Asian philanthropy, published by NUS Business School, we’ve most recently been looking at how corporate philanthropy in Asia has been influenced by new models of giving and the opportunities afforded by the rise of social enterprise.  In coming months, I’ll be sharing some of what we’ve found. Today, we start with a look at corporate venture capital for social impact, including a case study from Pearson. In my next post I will present a case study from MediPass.

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Mar
16
2016

Q&A with Lisa Frison: Using Art to Connect with Diverse Audiences at Wells Fargo

By Stacy Lasner, Business Committee for the Arts Coordinator, Americans for the Arts, and Lisa Frison, Vice President and African American Segment Strategy Leader, Wells Fargo

Earlier this month, Giving Thoughts published a Wells Fargo case study from the recent report Better Together: Why a United Front Can Propel Diversity and Inclusion and Corporate Philanthropy. The piece looked at how diversity and inclusion forms part of the company’s strategic framework. As a follow up, today’s post is a Q&A with Wells Fargo’s Vice President and African American Segment Strategy Leader, Lisa Frison, who explains the role arts play in helping Wells Fargo connect with diverse audiences.

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Mar
08
2016

How Data Can Drive the Road to Better Education

by Cindy Cisneros, Vice President of Education Programs, Committee for Economic Development of The Conference Board, and Aimee Guidera, President and CEO, Data Quality Campaign

The business community has a long history of partnering with schools and advocating for better education policy to help all students succeed, and with good reason. To meet the demands of a 21st-century knowledge economy, America needs the next generation to be its best and brightest. But today, half of incoming ninth graders in urban, high-poverty schools are already three years or more below grade level. Our country’s 15-year-olds rank 26th for math, 21st for science and 17th for reading among their global peers. We can’t reach that goal of student success for all without leveraging quality information to help every student excel.

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Mar
01
2016

Wells Fargo: Philanthropy Is Part of Diversity and Inclusion Strategic Framework

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

Because diversity and inclusion is tightly woven across the business, Wells Fargo’s enterprise diversity and inclusion function works with many other parts of the business, including human resources, marketing, and supplier diversity. Its goal is to “ensure that we [Wells Fargo] value and promote diversity and inclusion in every aspect of our business and at every level of the organization.” As part of its advocacy goals, the company focuses on how it conducts business and builds relationships in the community.

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Feb
24
2016

For the Love of… Why Philanthropy Should Support the Arts

By Teresa Zolnierkiewicz, Head of Philanthropy Segment, ANZ Global Wealth

As a philanthropy adviser, I am often asked why philanthropy should support the arts, when there are many other urgent and practical causes.  I think there is an easy utilitarian equation that is often formed around philanthropy (see, for example, this Giving Thoughts Q&A with Peter Singer regarding “effective altruism”). In instances where benefits and measures are immediate and observable in the short term, and cause and effect can be even superficially linked, it is effortless to argue that this sort of giving is the most “important” or “valuable” philanthropy. But immediate benefits are not the same as impact.

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Feb
16
2016

The Conference Board’s Integration with SNCR Brings an Exciting Focus on New Business Models

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

The Conference Board has been brimming with excitement since we entered 2016. Not only is it the year of our centenary—The Conference Board was founded in 1916 as the National Industrial Conference Board—but we’re also welcoming a groundbreaking organization to the fold: the Society for New Communications Research (SNCR). I’m really honored to be serving as Associate Director of the merged organization and I’m looking forward to working with the many experienced thought leaders SNCR has assembled through its fellowship program.

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Feb
11
2016

Corporate Philanthropy Is Evident in Strategies to Meet CEOs’ Challenges

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

Each year, The Conference Board releases the CEO Challenge, a report that asks CEOs, presidents, and chairmen across the globe to identify the most critical challenges and the strategies they intend to use to meet them. For the past few years, issues of societal impact—including sustainability, community building or diversity inclusion—have begun to feature more prominently in the lists of top challenges. The 2016 edition continues that trend.

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Feb
03
2016

KeyBank: Diversity and Inclusion as a Core Value in Grant Making

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

In the second part of our series of case studies from our new report, Better Together: Why a United Front Can Propel Diversity and Inclusion and Corporate Philanthropy in the United States, we look at KeyBank’s grant-making process, and how diversity and inclusion impacts its decisions.

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Jan
26
2016

FedEx: Including Communities in its Diversity Mission

By Alex Parkinson, Senior Researcher and Associate Director, The Conference Board

The way in which companies approach diversity and inclusion and corporate responsibility has come to define the corporate sector in the twenty-first century, as stakeholders demand an increasingly responsible approach to business by the world’s largest companies. Today, a responsible company is one that nurtures diversity and inclusion, creates social impact as well as business value, and minimizes its environmental footprint. These elements cannot—and increasingly do not—exist in silos. In this Council Perspective from The Conference Board, we take a closer look at how and why companies are increasingly integrating the diversity and inclusion, and corporate philanthropy functions. Today’s case study comes from FedEx.

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The Giving Thoughts Series is an online publication in which corporate philanthropy experts delve into the most pressing issues affecting our members.

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Using Corporate Philanthropy to Build Long-Term Perspectives

Making Sense of Social Impact Bonds for Companies

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