The only way to bring the world out of the recession and onto a better track is for everyone to tap into a collective sense of responsibility toward each other. "Service is in the zeitgeist," Huffington writes.
Yesterday evening, DonorsChoose.org in partnership with Crate & Barrel won the Directors' Award for Excellence in Corporate Philanthropy from the Committee Encouraging Corporate Philanthropy (CECP) at their 11th Annual Summit.
The heads of Kiva, Guidestar, BRAC, Wikimedia Foundation, DonorsChoose, Ushahidi, Refugees United, and others of their peers, will convene this week at the Omidyar Network Executive Forum (ONEF). As Sal Giambanco, Partner, Omidyar Network (ON) told me, this is ON's "signature event of the year that focuses on leadership."
Celebrity names make headlines when their charities are being investigated. It doesn't matter whether or not the celebrity has a full heart and means well. And once a charity or donor is questioned, the doubt lingers long after, even if no wrongdoing is ultimately found. Madonna is the latest case where allegations, as yet unproven, have been made with respect to her charities.
Now entering its third decade, CSR is at last stepping into the spotlight. CSR has moved from the corporate cubicle to the board room, onto the curricula of the world's most prestigious MBA programs, and the agendas of the most prominent global CEO gatherings.
Imagine if your company's investors expected you to end your year without generating a dime in surplus. Welcome to the nonprofit sector, where your investors are foundations, and they expect multi-million dollar enterprises to end their year with zero. This makes nonprofits dependent supplicants year after year—unhealthy enterprises with no cash reserves, and no capital to strengthen, diversify, or build their operations.