America’s 78 million boomers enjoy a level of health, education“It may not be obvious and social awareness never dreamed of by their grandparents. Many are ready for a new stage of work – work that offers a as you leave a renewed sense of purpose and contributes to the greater good. successful career with a great company Imagine the benefit for communities and future generations if this talent and experience could be applied to help solve our nation’s that your most most pressing social problems. important work may still be ahead of you.” It’s a simple goal but not an easy one to reach. How do people get from the end of midlife careers in business to a new stage of– Lyle Hurst, 2009 Encore work that benefits society?Fellow Encore Fellowships can be an answer – helping individuals transition into social-purpose work, providing a source of new talent for organizations, and giving corporations and foundations a new way to positively impact their communities. Encore Fellowships are growing rapidly as new programs are launched across the country. In 2011 nearly 100 fellows collectively built the capacity of local nonprofits, all while learning firsthand how social purpose organizations work. The number of fellows is targeted to more than double in 2012.
PATHWAY TO A NEW HOW THE PROGRAM WORKS GROUNDBREAKING RESULTSSTAGE OF WORK Fellows are carefully matched with The LFA Group, a San Francisco- their host organizations to ensure a based independent evaluation firm,Encore Fellowships are structured cultural fit and the ability to make a gave the 2009 Silicon Valley Encoreprograms that place highly-skilled, long-term impact. They are screened Fellows pilot high praise. It statedexperienced professionals at the end for commitment, flexibility and that the “remarkably successful”of their midlife careers into social- willingness to adapt and learn. program brought top-level talent andpurpose organizations, where they Nonprofits are vetted for their significant value to nonprofits,help nonprofits build capacity, grow readiness to use this type of talent. created a bridge for individuals eagerstrategically and, ultimately, have a to explore encore careers and maybroader impact on their communities. During the fellowship period (typically help fill a looming leadershipFellows bring a wealth of skills in six to 12 months, half to full time), shortage in the nonprofit sector.marketing, communications, strategy fellows commit to 1,000 hours of work,and planning, information technology, are paid a stipend and are embedded Each Encore Fellows programoperations and performance as part of the nonprofit staff. This carefully evaluates the match before, practice allows them to deliver greatermanagement, human resources, during, and after the fellowship impact than the fellows could asfinancial management and experience. As the program has volunteers, board members or short-engineering – skills that can have a grown and expanded geographically, term consultants.lasting impact on their nonprofit hosts. it continues to garner strong results. Each local Encore Fellows program is managed by a local program operator,“Intel cares a lot about in partnership with the Encore Fellow- ships Network. The program operatorits communities and helps to develop high-impact roles for the fellows, connects with companiesour talented and skilled and foundations to secureretirees, so Encore sponsorship, and coordinates the application and matching processFellowships are a among potential work hosts andwin-win for us.” fellows. Throughout the year, the program operator brings local fellows and nonprofit executives– Richard Taylor, Vice President, together in group discussions andIntel Corporation offers networking opportunities. Program costs are typically shared by the host organizations and program sponsors. Sponsors may include the fellow’s former employer, the program operator, foundations, community groups and other corporations.
Ninety-five percent of the fellows SPONSORING ENCORE Foundations have commonly and nonprofits have been satisfied FELLOWSHIPS sponsored Encore Fellows to or very satisfied with the program. support targeted, high quality capacity building in a specific The Encore Fellowships Network Over eighty percent of the grantee organization or issue area. programs are supported by a range Fellows can boost nonprofit nonprofits (at the end of the fellowship period) indicate that of corporate, foundation and effectiveness in critical gap areas they expect sustained impact from individual supporters and the such as performance management, their fellow’s experience. participating nonprofits. leadership or management effectiveness, human resources The likelihood of a nonprofit work Corporations sponsor Encore systems and policies, strategy host to hire from the private sector Fellows for a variety of reasons: development and implementation, increased from thirty-eight percent and scaling initiatives. Foundations before the fellowship to eighty-eight • Employee engagement may also sponsor the development percent after the fellowship. As an attractive transitional option and operations of Encore Fellows for employees nearing the end of programs. Equally important, more than ninety their midlife careers, fellowships fit percent of the alumni fellows well with other work force The value-to-cost ratio of a sponsored continue to work in or with the social management programs, such as fellow can easily exceed a cash purpose sector. early retirement, transition to contribution by a factor of four or retirement, corporate volunteerism more, as evidenced by the program’s and alumni relations. In addition, results. fellowships may also be a useful restructuring and severance benefit. The Encore Fellowships Network and its programs have received“We’re funding the • Community engagement strategic expansion support from Encore Fellowships offer a unique The David and Lucile Packard Encore Fellows opportunity for corporations to Foundation, Intel Corporation, because it’s opening up provide direct, high-level assistance to nonprofits and public California HealthCare Foundation, Virginia G. Piper Charitable Trust, a whole new set of agencies in their communities by HP, Goldman Sachs Urban placing one of their most valuable Investment Group, and the Robin leaders to contribute to assets – talent – directly into their Hood Foundation. the environment, to communities. children and to our • Market engagement communities.” By targeting areas most relevant to customers’ concerns - for example, education, health care,– Carol Larson, CEO, The David economic development, theand Lucile Packard Foundation environment and the arts – a corporation’s offering of talent can contribute directly to brand goodwill, public relations and customer engagement.
THE ENCORE FELLOWSHIPS NETWORK CIVIC VENTURESThe Encore Fellowships Network was created to Civic Ventures is a nonprofit think tank on boomers, workmake it as easy as possible for organizations to start, and social purpose. Through vehicles such as Encoresponsor, and operate effective Encore Fellowships programs Fellowships, Civic Ventures aims to help millions ofof their own. The network provides a wealth boomers find encore careers combining personal meaning,of online information, tools and communities that make continued income and social impact. The goal: to produce athe design, launch and operation of an Encore windfall of talent to help solve society’s greatest problems.Fellows program as simple and efficient as possible.The network of affiliate programs is now expanding. Civic Ventures operates the Silicon Valley and New York metro area Encore Fellows programs and created andFor a current list of programs or to find out more about manages the Encore Fellowships Network.starting a local program, visit www.encore.org/fellowships. For more information, visit www.encore.org . “The Encore Fellows Program helps us build capacity by tapping into a new source of talent – experienced business people.” Mary Simon, Executive Director, Resource Area for Teaching