Acumen Fund, Inc. operates as a non-profit organization that focuses on poverty eradication. The organization raises charitable funds to invest equity and debt in enterprises serving low-income people. Additionally, it focuses on providing solutions to the problems of access to water, energy, housing, and medical care. The organization has strategic partnerships with Rockefeller Foundation, Bill & Melinda Gates Foundation, Google.org, Skoll Foundation, Nike Foundation, and Cisco. Acumen Fund, Inc. was incorporated in 2001 and is based in New York, New York with additional offices in Mumbai, India; Nairobi, Kenya; Karachi, Pakistan; and Accra, Ghana. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=12735717
The Palo Alto-based Skoll Foundation has announced a three-year, $1.5 million field-building partnership with the New York City-based Acumen Fund that will build on a relationship that began in 2002.
Skoll Foundation
Ms. Sally Osberg serves as a President and Chief Executive Officer at Skoll Foundation, where she led entrepreneurial organizations and been an agent for social change throughout her career. She partners with Founder and Chairman Jeff Skoll and heads the organization's team in identifying and supporting innovators pioneering scalable solutions to global challenges. She is a well-known proponent of thought leadership, research, and alliances that advance the work of social ... entrepreneurs solving the world's most pressing problems. Prior to this, she served as Founding Executive Director at Children's Discovery Museum of San Jose. Prior to this, she served as Advisor at The Elders. She serves on the Board of Skoll Foundation, the Oracle Education Foundation and the Palestine-based Partners for Sustainable Development. Prior to this, she served as Director on the Boards of the American Association of Museums, the American Leadership Forum, and Women and Philanthropy. Prior to this, she served as Founding Board Member of the Social progress Imperative and Index. She formed strategic partnerships with the UN, USAID, Sundance, TED and Oxford. She earned John Gardner Leadership Award from the American Leadership Forum, the Magis Global Change maker Award from Santa Clara University. She was inducted into the Junior Achievement Business Hall of Fame, and been named by the San Jose Mercury News as one of the "Millennium 100" for her role in shaping and leading Silicon Valley.
The Elders have published their latest Annual Review. From launching a campaign for Universal Health Coverage to promoting a coordinated international response to refugees and mass migration, read highlights of The Elders’ work from 2016.
Global Philanthropy Forum: Includes the Global Who's Who of Social
Yunus was on the advisory council in 2012
"So, based on these types of partnerships and based on that kind of success story, on June 14 Secretary Clinton will host a meeting here in Washington — you’re all invited — that we’re calling the Child Survival Call to Action. Because of the technology that we now have, the partnerships we now have, the scale and the ability to reach mothers giving birth and children seeking to survive, we believe it’s possible for the first time in history to say that within a generation we can literally end preventable child death. For those who want to talk about the statistics of that, I’m happy to do that later. That’s about 6 million kids per year who we think we could save compared with what is currently about 7.5 million kids who die. The point is that they can be saved easily and efficiently, and doing so can help change what’s possible in country after country after country. So, we urge you to come to the Child Survival Call to Action to partner with us to figure out how to make this more successful over time."
psssst....One obvious way to end preventable death for the babies is to end abortions. Oops, abortion is far to profitable for this crowd....
We started way back in 2001 as a learning community, and in more recent years we have worked with colleagues around the world who want to replicate the Global Philanthropy Forum model.
What brings us together this year is a sense that the social contract is fraying but that it’s also evolving — and that social contract is the means by which societies allocate responsibilities and allocate resources when it comes to managing shared problems, seizing shared opportunities and providing for the public good.
If you look around the world, whether it’s evidenced by the Arab Spring, by weather extremes, by civil conflict or the financial meltdown, we’re certainly very aware that we’re experiencing very fast-paced change — sometimes very wrenching change — and no single entity can manage these processes on its own.
"Just this past year, and despite the long hangover of the global financial crisis, the 50 largest private donors have given more than $10.5 billion — and that is an all-time high in terms of commitments to international affairs."
Given the insurmountable good that has poured forth from this forum, it's best not to forget the cause of promoting social justice
Here they call it 'Social Good: By Any (private) Means Necessary' Kind of catchy...and familiar. BApMN!
Littlefield led OPIC from 2010 until the end of the Obama administration, having previously served as CEO of the World Bank’s Consultative Group to Assist the Poorest. OPIC made $3.29 billion in new commitments and generated $239 million for the U.S. government in 2016. The agency has a $21.5 billion portfolio of loans and guarantees in about 100 developing countries, a 160 percent increase from 2009.
Littlefield has been a vocal advocate for OPIC and has urged some changes to address limitations holding the agency back, including a need for more funding, more flexibility and more tools, including the ability to make equity investments.
So, clearly we need the private sector to shoulder most of the work. The private sector — that vast, decentralized, rough-and-tumble $60 trillion network of corporations and firms and enterprises and small businesses that already supports livelihoods and lives around the world — is the largest lever we have.
And you know what? It’s already happening. OPIC was carved out of USAID 40 years ago because it was recognized that the private sector needed its own dedicated agency to focus on it. At that time the money flowing from the United States to the emerging markets was 75 percent overseas development assistance [ODA], and the rest was foreign direct investment. Today, 40 years later, that’s completely flipped around: 80 percent of the money flowing from the US to emerging markets is foreign direct investment, and the rest of it is ODA. So now every single year, more than a trillion dollars in private capital — both strategic investments from corporations as well as portfolio investment from investors — is flowing into the poorer nations of the world.
She makes it sound like the richest people are giving away vast amounts of money for a fair and modest return on investment, guaranteed by American taxpayers who are currently being treated like shit by so many in this same group! How ironic is that?
Elizabeth Littlefield: Thank you. Thank you for that.
We see our job as helping to channel private-sector capital to solve development challenges in emerging markets, and we do that — OPIC does that — by providing the loans, the finance and the risk mitigation tools that remove the barriers to investing and provide incentives. So, if we believe in a certain country, take Afghanistan for example, it is a country, of course, that’s incredibly important to this country; and as we pull our troops out of Afghanistan, we leave behind some beginnings of a credible economy that can provide opportunities and support into the future as we shift from a military- and aid-based economy to a private one. Now many investors are not going to go and invest in Afghanistan...It’s probably not high on the list of places that look like attractive business environments, so we try to figure out: What is it we can try to do in terms of providing political risk insurance, providing long-term financing, that could incite an investor to make an investment that we think will be powerful for that economy going forward.
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kestrel9 ago
related: https://www.theburningplatform.com/2016/12/01/refugee-charity-uses-pedophile-logo-linked-to-clinton-foundation/
https://www.huffingtonpost.com/entry/elpida-home-project-thessaloniki-greece-refugees-factory_us_57a3ab7fe4b03ba68011d08f
Khan is a board member for Acumen. https://www.bloomberg.com/research/stocks/private/relationship.asp?personId=52343541
How's this for Irony? http://archive.is/xOeQ2
In case anyone forgot, Grameen Foundation is founded by Muhammad Yunus
Also noteworthy:
Acumen and Andrea Soros Colombel https://acumen.org/blog/andrea-soros-colombel-returns-to-acumens-board-of-directors/
Sally Osberg, Skoll Foundation and Acumen http://philanthropynewsdigest.org/news/skoll-foundation-acumen-fund-partner-to-build-social-entrepreneurship-field
Skoll Foundation
Ms. Sally Osberg serves as a President and Chief Executive Officer at Skoll Foundation, where she led entrepreneurial organizations and been an agent for social change throughout her career. She partners with Founder and Chairman Jeff Skoll and heads the organization's team in identifying and supporting innovators pioneering scalable solutions to global challenges. She is a well-known proponent of thought leadership, research, and alliances that advance the work of social ... entrepreneurs solving the world's most pressing problems. Prior to this, she served as Founding Executive Director at Children's Discovery Museum of San Jose. Prior to this, she served as Advisor at The Elders. She serves on the Board of Skoll Foundation, the Oracle Education Foundation and the Palestine-based Partners for Sustainable Development. Prior to this, she served as Director on the Boards of the American Association of Museums, the American Leadership Forum, and Women and Philanthropy. Prior to this, she served as Founding Board Member of the Social progress Imperative and Index. She formed strategic partnerships with the UN, USAID, Sundance, TED and Oxford. She earned John Gardner Leadership Award from the American Leadership Forum, the Magis Global Change maker Award from Santa Clara University. She was inducted into the Junior Achievement Business Hall of Fame, and been named by the San Jose Mercury News as one of the "Millennium 100" for her role in shaping and leading Silicon Valley.
Why stop now? I have the links...
The Elders
http://www.theelders.org/ Independent Global Leaders Working for Peace and human rights
http://theelders.org/article/annual-review-2016-solidarity-beyond-borders
The Elders have published their latest Annual Review. From launching a campaign for Universal Health Coverage to promoting a coordinated international response to refugees and mass migration, read highlights of The Elders’ work from 2016.
Global Philanthropy Forum: Includes the Global Who's Who of Social Yunus was on the advisory council in 2012
psssst....One obvious way to end preventable death for the babies is to end abortions. Oops, abortion is far to profitable for this crowd....
kestrel9 ago
cont'
https://philanthropyforum.org/wp-content/uploads/2012/11/GPF_Transcripts_2012-7-FINAL.pdf
Given the insurmountable good that has poured forth from this forum, it's best not to forget the cause of promoting social justice
Here they call it 'Social Good: By Any (private) Means Necessary' Kind of catchy...and familiar. BApMN!
Elizabeth Littlefield:
Littlefield led OPIC from 2010 until the end of the Obama administration, having previously served as CEO of the World Bank’s Consultative Group to Assist the Poorest. OPIC made $3.29 billion in new commitments and generated $239 million for the U.S. government in 2016. The agency has a $21.5 billion portfolio of loans and guarantees in about 100 developing countries, a 160 percent increase from 2009.
She makes it sound like the richest people are giving away vast amounts of money for a fair and modest return on investment, guaranteed by American taxpayers who are currently being treated like shit by so many in this same group! How ironic is that?
https://philanthropyforum.org/wp-content/uploads/2012/11/GPF_Transcripts_2012-7-FINAL.pdf pg 89