A Small Amount, A Big Impact

By: Blair

Blair is participating in Allowance for Good's Spring 2016 Emerging Leaders in Philanthropy class in the Elmhurst location.

I learned this week in our financial literacy lesson that the extra money we spend on eating out, buying toys, and living through our daily lives adds up to a lot of money. Money that goes a long way in other people’s lives across the world. I realized this week that most people who live comfortably in our world with little to no financial problems don’t know how much of an impact even a dollar can do. People all over the world live in so much poverty that even a dollar could help them get enough food for their family. If we as a society realize how much extra money we spend on items we don’t even need and instead donate them to these hungry and starving kids, the impact would probably be as big as having almost every kid in poverty go to bed every night with a full belly. I encourage every person in the world to stop and think about if you really need this pointless item you are about to buy, and the impact it would have on others if you donated the money to charity instead of buying the item.  

"I am a catalyst for good
because...I will improve the
basic education around
the world" - Blair

ELP Elmhurst class brainstorming.

ELP Elmhurst class teacher 
Jeanne leads discussion.

Philanthropy: Shaping the Future

By: Mia

Mia is a participant in Allowance for Good's Fall 2015 Emerging Leaders in Philanthropy class in the Chicago location. She also participated in AfG's 2015 Global Philanthropy Summit this past July that focused on empowering social innovation.

Philanthropy has two roots, philos and anthropos.  In the most literal sense, philanthropy means "love for humanity" but it is so much more.  When you give your effort to someone or something greater than yourself it is incredibly humbling and inspires not only you but those around you.  The act of giving is something that everyone can do, philanthropy is a universal concept.

Mia presenting at AfG's Global Philanthropy Summit.

In the past, I did medical missions and backpack missions in my mother's hometown of Bebe Matua in the Philippines.  This was very transformative in my life because it showed me that giving your time and effort into the world you live in allows you to make a human connection with others and yourself just by helping a cause you believe in. 

Growing up in Chicago and going to school and choir in Humboldt Park gave me a different perspective on the CPS school system than my peers at Walter Payton College Prep.  I remember many of my very intelligent and driven peers from elementary getting denied from high schools due to lack of preparatory resources.  This year, I started a tutoring program at Jenner Academy for the Arts to help the students perform to the best of their ability.  Putting together the program not only enriched my organization skills but also helped me develop opinions on teaching methods that I had not thought of before. Seeing the students at Jenner reminded me of my own childhood, and I wanted to help give those students the opportunities that many of my old friends did not have. 

Mia at AfG's GPS week.

Looking into the future and the present, I can easily see my life being one that has philanthropy at the center.  Philanthropy is looking for the better of the community, rather than the better of the individual. It is giving your resources of aid to others. Being a philanthropist and a catalyst for good means to dedicate yourself to improving the human condition. Helping others also helps ourselves through enriching ourselves in current problems and developing our views on the world, either through the aiding of the community, or the experience of contributing to the greater good. I want to be a catalyst for good because promoting universal welfare is our duty as global ambassadors and citizens.  To participate in the greater good is to improve the quality of life for both our generation and the next.

Philanthropy can't fix the past, but it can shape the future.

Teen Discovers Financial Literacy and Personal Philanthropy

By: Ella
Ella is a participant in Allowance for Good's Winter 2015 Emerging Leaders in Philanthropy: Explorers class.

When I signed up for the ELP Explorers class, one of the words that jumped out to me in the course description was “financial literacy”. I had heard it before: it’s a “buzzword” often used in news articles or on talk shows, but not everyone knows what it means (I didn’t). But people often claim that it is severely lacking from our education system, and that teaching it may be the secret to preventing a good amount of our financial troubles. It turns out that financial literacy can mean a myriad of different things to different people, but fundamentally, it is the ability to understand financial matters, and how money works in general. However, many people don’t possess this understanding, as a 2008 survey shows that only 34% of parents have taught their child how to balance a checkbook.

In the most recent ELP class, we began to learn financial literacy by tracking our weekly spending and comparing it to our weekly earning. Many of us were surprised, and realized how little we think about spending money as teenagers. Financial literacy ties into personal philanthropy because it teaches us how to properly allocate and transfer funds. Also, keeping in mind my own spending highlights how severe needs are in the areas where we are trying to direct our aid to, and provides a sense of urgency to our personal philanthropy. For example, I will usually spend 7 or 8 dollars on food when I go out with my friends without a second thought. However, 2.7 billion people worldwide are struggling to survive on less than $2 a day, or a fourth of that amount. We also learned about AFG’s global affiliates, many of which combat similar situations: There’s the Liger Learning Center, based in Phnom Penh, Cambodia, a progressive school that provides opportunities for bright children living in poverty. There’s the Adonai Child Development Centre in Uganda for kids living among AIDS, war, and poverty. Finally, there’s Spark Ventures, which is Chicago-based and had a representative come in and educate us about their partnerships, such as Hope Community School. This is located in Zambia and provides the impoverished children of Twapia with an education. In future ELP classes, I’d be interested to learn more about what we can do to get involved with our global affiliates and how we can fundraise for them.

Sources:
http://www.financialeducatorscouncil.org/financial-literacy-statistics/
http://www.unmillenniumproject.org/resources/fastfacts_e.htm

Ella writes, "I am a Catalyst for Good because no matter who you are or where you come from, you can make a difference."

Inspiration and Fresh Perspective at Google Chicago

By: Riley
Riley participated in Allowance for Good's summer 2014 Global Philanthropy Summit program. 

I was lucky enough to take part in the Global Philanthropy Summit last week.  It was a riveting and insightful experience, and I now feel like a more engaged citizen!

Thursday was definitely the most exciting day of our week, with several important activities in downtown Chicago.  After taking the train in from Evanston, we trekked downtown and settled in our destination.  Soon after we arrived, so did our presenters: representatives from A Better Chicago, a venture philanthropy group, and one of its funded programs.  They told us all about the great projects they were involved in currently, and where they hope their programs will be in the future.  The impact that these programs had made on the community of Chicago and its young people was obvious.  It was inspiring for us to be presented with some of the greatest philanthropic work going on in Chicago!

After the presentation, we walked to Google's Chicago headquarters, probably the highlight of our week at the GPS.  This was definitely my personal favorite place we visited in our two days downtown.  Besides taking a tour of Google's progressively-designed workplace and its fascinating employees, we participated in a Google+ Hangout with an AFG affiliate at Liger Learning Centre.  We also learned about all of Google's philanthropic work, which was simply amazing.  Google already has a reputation as a very socially responsible business, and its philanthropy was no exception to this principle.  The company has helped get thousands of people out of slavery, donated technology, and otherwise helped people in ways big and small.

I cannot describe how personally inspiring the visit to Google was for me.  The trip taught me that philanthropy can truly be on any scale and that even helping a few people is great philanthropic work.  Google's work with spreading technology and knowledge about it showed great promise for the future of the world and technological progress in it.  Google has encouraged me to be more aware of the world around me and to use my skills to help the people that I can.

I'd like to thank everyone who worked to make the GPS happen and my classmates for making the entire week a great experience for us all!

Expanding Definitions of Philanthropy

By: Lily
Lily participated in Allowance for Good's spring 2014 Emerging Leaders in Philanthropy: Explorers program. 

In our Emerging Leaders in Philanthropy class, we have learned about Corporate Philanthropy, Venture Philanthropy, and Personal Philanthropy. I learned that Venture Philanthropy has a higher risk propensity than Corporate Philanthropy, and that it can be more affective in terms of building long-term relationships and skills for future philanthropic acts. I personally believe that Venture Philanthropy is the most affective type of Philanthropy, because I think that the best efforts for change are made by a group with different view points, and a wide variety of skills and opinions put forth when making a change in the world.

I discovered Venture Philanthropy during this class, and I am glad that I did, as I didn't think that such a type of philanthropy existed, and I was glad to discover that it does. I have heard of Personal and Corporate Philanthropy before-my grandfather's business gives money every year with part of their profits, and has a matching donations program. My family also gives our own money to charity through our foundation, the Weatherlow Foundation. Next year I will have a section of our grants to control, and I am happy to have responsibility for the change our family makes in the world. I am glad to have participated in this class, I have learned much about the different ways I can make a difference in the world, and my views on philanthropy have been impacted greatly by the amazing lessons I have learned in this class.

Lily (center) works with her ELP classmates to develop their own venture philanthropy fund.

ELP: Explorers Highlights

By: Mary

Mary participated in Allowance for Good's winter 2014 Emerging Leaders in Philanthropy: Explorers program.

My favorite part about ELP was the speakers and learning from them. We got to see what exactly these philanthropists are doing to make the World a better place. Speakers like Sharmila, Bruce, and Charles showed us how their foundation(s) are making the world a better place. Before ELP, I was confused on how foundations obtained their funds. I thought that small foundations only ran on individual donors, and that puzzled me. I was informed that foundations get funds from large family and corporate foundations. I had many questions for Sharmila on how a family corporation is run and what the difficulties are while being on the board of a family foundation. With Bruce, I learned about how the smallest things can affect a developing community. I liked to see his personal pictures of The Adonai Child Development Centre. I was delighted to see how he was making a difference in that community and making an effort to do the most good. Finally, I was fascinated by Charles' foundation. I would never have thought that having a bicycle would make such a big difference to children in developing countries. It made me think more about how to help people in non-conventional ways. 

I will continue to be a young catalyst and philanthropist through travel. It's one of my passions. My ultimate goal as a philanthropist is to see others getting better. I want to go where I've already sent help through money or goods. I want to see an improvement and settle difficulties in an area. I want to talk to the people that I helped. In the future, I want to learn more about micro-loans and organizations like Kiva. I think its very conventional and a gift that can be re-used and sent to many people who need the money. I want to become a donor in the future and watch my money go to people who will profit the most from it. 

Mary, right, listens intently as Charles Coustan presents about his organization, World Bicycle Relief.

Evaluating Effective Altruism with Peter Singer

By: Leah

Leah is participating in Allowance for Good's autumn 2013 Emerging Leaders in Philanthropy program.

Hi! I’m Leah, I’m 17, a senior at ETHS, and I’ll be writing this week’s blog post.

On Wednesday night we heard Peter Singer, a bioethics professor at Princeton, speak at Northwestern on the topic of effective altruism.  Peter belongs to a utilitarian school of thought and generally approaches issues through a secular lens.

At its core, Peter’s argument was that we should find ways to make each dollar we donate go as far as possible. This seemed based on a hierarchy similar to Maslow’s pyramid, guaranteeing all people their basic rights and necessities before addressing the non-basic needs of others. One of the examples Peter used to effectively show this point revolved around the problem of blindness. Cataracts are an incredibly common and treatable cause of blindness, especially in the developing world. A cataract surgery, giving someone the gift of sight, costs within a range of $20-50. Giving a seeing-eye dog to a not preventably blind person in the first world costs around $40,000.  Peter argues that the obvious choice is to cure many more people of preventable blindness rather than assist one person who will remain blind for the rest of their life.

Peter stressed the fact that he believes all human lives have the same value, which is something a think a lot of us coming from privileged backgrounds overlook too often. I think we need reminders, like Peter’s lecture, that we are people in exactly the way that people from Cambodia, Laos, Botswana, Uganda, Columbia, and Nicaragua are people and that we cannot assign their lives any less value than we assign our own. This is a topic we discuss a lot in ELP and I think it merits our attention.

Some of the Northwestern students in the crowd asked questions that were frankly kind of stupid. Through my learning about the world (in ELP and elsewhere) and by simply listening to Peter’s talk, I felt confident enough to answer. Hopefully more students in my generation will learn what I have the privilege of learning now in ELP and the power of listening so that we can avoid silly questions and truly get ot the core of helping our world.

Leah, left, shares her group's venture philanthropy idea during one of the Emerging Leaders in Philanthropy sessions. 

Delving Into Venture Philanthropy

By: Orleana

Orleana is participating in Allowance for Good's autumn 2013 Emerging Leaders in Philanthropy program.

Last Thursday at ELP, we discussed venture philanthropy. Venture philanthropy is defined as the utilization of techniques from venture capital finance and business of management, combining them to achieve philanthropic outcomes through business world means.  Essentially, venture philanthropy is the financial support of new, non-profit organizations/potentially risky social ventures with promise or a significant goal in mind that requires aid to be recognized. Venture philanthropy allows these young organizations to mature and ground themselves, hopefully achieving self-sustainability after a set amount of years. 

Venture philanthropy is focused around providing financial support for and promoting small, new or underfunded organizations. Venture philanthropy enables emerging nonprofits to flourish through the giving of grants over a period of time. Both old and new organizations apply to receive grants, which, after an inspection by the organization supplying the grants, are given yearly for a certain number of years.

This week we had a great guest speaker, Sejal, come to class to discuss her work with The Springboard Foundation, a volunteer run group that supplies grants to beginning nonprofit organizations, with a focus on after school programs.  While affiliated with a variety of organizations, (having worked in the nonprofit field for the last fourteen years) Sejal is currently the Managing Director of the Springboard Foundation, and during Thursday’s class explained the goals of the Foundation and described its interactions with other nonprofits.

What I thought was one of the more interesting points in our discussion about The Springboard Foundation was its careful maintenance of the organizations they supply grants to. They check in with the organizations to see that the money they give is being spent productively, and making a successful change in the program. The Springboard Foundation definitely puts a lot of time and effort into getting emerging nonprofits running steadily, and I think that making sure the grants that they give are being used to get the maximum results is really important.

Near the end of class, we carried out a group activity where the class split into groups to create our ‘own’ venture philanthropy based foundations. We discussed prospective foundation names, goals, statements, and fiscal requirements, and each group presented our finished results at the end of class. While our projects were pretty small scale, they really made me appreciate all of the planning and hard work that goes into venture philanthropy, (though that could be said about any philanthropy), and the people and volunteers who come together to make it run so that other nonprofits can flourish.

Orleana, bottom right, listens to an ELP guest speaker during the Thursday night class.

Millennials Want Companies That Encourage Philanthropy

By: Turner

Turner is participating in Allowance for Good's autumn 2013 Emerging Leaders in Philanthropy program.

At our last ELP meeting we talked about corporate philanthropy. Corporate philanthropy is a way for companies to give back to the community and their employees. At our meeting I learned a lot of things I didn’t know about corporate philanthropy and how some companies help their customers too. Corporate philanthropy is also used within companies to inspire their employees to help others.

During our session we talked about how corporations give back to their employees and customers. And we talked about some of the different ways companies can be philanthropic. Some of the ways companies are philanthropic are that some give their employees days off to do philanthropic work and get paid for it as a regular workday. Some companies will match the donations of their employees if they donate to an organization and encourage them to donate. We also talked about how the most effective way for companies to encourage their employees to help with philanthropy is by donating to a cause that their employees care about. Some companies even let their employees vote on where to donate. I think that it is nice of corporations to give back because it shows that they really care.

We had a wonderful guest speaker this week named Jenna Daugherty from AbbVie, which is a medical supply company. Jenna is the leader of AbbVie’s civic engagement in the community and she also helps to lead strategic projects on behalf of executive management.  At our meeting Jenna talked about corporate philanthropy with us, and the many different types of corporate philanthropy that AbbVie is involved in. For example, they give away free medicine to some of their customers who are in need.  I found it very interesting and was very inspired to hear that some large companies like this are willing to give away their supplies to people who ask for them and it has encouraged me to want to be a philanthropist throughout my whole life.

In the future I am hoping to work at a company that encourages philanthropy in their employees.  After this meeting I learned that companies can be very nice to their employees and get involved in helping causes that they want.