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November 2016

Mohammad Anas Wahaj | 29 nov 2016

Philanthropic giving continued to thrive in US and exceeded US$ 373 billion in 2015. Educational institutions got 12.86% (US$ 48 billion) of the total. As public funding to education gets reduced, colleges and universities are realigning strategic objectives and development goals to suit the funding priorities for donors and organizations. Donors have their own criteria to determine the funding goals that make an impact. According to Charles Koch, businessman and philanthropist, 'It is simply identifying organizations which want to make life better by empowering free will and enterprise. I decided that I wanted to give as many people as possible ideas so that they could transform their lives. That's been my motivation.' Michael Lomax, President and CEO of UNCF.org, recently shared his views on the potential for social modeling between UNCF and Charles Koch Foundation, and their US$ 29 million partnership for tuition assistance and career development. He says, 'The success of this program lies in our shared vision that a mind - and a life - is a terrible thing to waste. It is why our partnership's ultimate goal is to give students the opportunity to explore the values and skills of an entrepreneur, and better understand how an entrepreneurial mindset will benefit both them and their communities.' Nicholas Perkins, Founder and CEO of Perkins Management Services Inc, explains about his support to Howard University, 'Anytime that a minority company has an opportunity to partner with an historically black institution, that partnership should be the base from which growth and progress for that particular campus comes. So we always try to fit ourselves into that puzzle.' Educational institutions often find funding success by proactively tapping into the goodwill of graduates and stakeholders. Miami University of Ohio invested a substantial amount from its fundraising campaign towards enhancing academic programming in media studies, writing and gerontology. It launched 'Miami Plan', a 36-credit hour course mandate for all students to be immersed in and appreciative of the impact of liberal arts across all career paths. Gregory Crawford, President of Miami University of Ohio, says, 'For me, people don't expect a physicist to have such a passion for the liberal arts, but it had such a big impact on my life, my leadership style and my interests. I couldn't be more enthusiastic in sharing how it helped me to learn about human flourishing and in thinking more holistically, which was super important to me in the physics world.' He adds, 'Many of our own alums and donors understand the value of the education provided to them, and they love what we're doing with the Miami plan, so they freely invest in that vision.' Read on...

Education Dive: What inspires people, corporations to give to higher education?
Author: Jarrett Carter


Mohammad Anas Wahaj | 15 nov 2016

One of the ways in which health systems, particularly in the resource-starved developing countries, can improve is by applying concepts that make social enterprises successful. Health systems serving the most vulnerable, bottom of the pyramid market, can learn from social enterprises that make challenging markets work better. Yasmin Madan, global marketing director at Population Services International (PSI), explains in an interview with Lizzie Cohen, that adapting the model of a social enterprise can ensure a more sustainable health system that continues beyond donor funding. She says, 'Any successful business has the consumer right at the center as its main audience and it generates value for the consumer as well as the market.' According to Ms. Madan, 'Social enterprises by addressing failures, by putting consumers at the center, by generating value, are strengthening health systems, or put simply - making markets work better.' Read on...

devex: The evolution of health systems - Service providers as social enterprise
Authors: Lizzie Cohen, Jacques Jimeno, Julie Espinosa


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