Julian Gore-Booth CEO The STARS Foundation www.starsfoundation.org.uk GCF 2012 “ The Entrepreneurship Imperative” 21-24 January 2012 “ From Funding to Empowering”
<ul><li>Some facts: </li></ul><ul><li>- 20% of global aid flows ($120-150 billion / year) remain “tied aid” </li></ul><ul><li>Norway spends 1% of Gross National Income on overseas aid, the UK 0.7%, the USA 0.2%. </li></ul><ul><li>Not a single one of the Millennium Development Goals has been (or will be) achieved for the 1.5 billion people living in conflict affected countries (by 2015). </li></ul><ul><li>BUT: </li></ul><ul><li>International Development is increasingly G20 not only G8. </li></ul><ul><li>Private donors (Gates and others) now give $30 billion each year to overseas aid. </li></ul><ul><li>Corporate giving has actually risen since 2007. </li></ul>
About STARS: Founded by Amr Dabbagh and the Dabbagh Group STARS is dedicated to transforming the lives of the worlds most vulnerable children. STARS finds and rewards excellent local NGOs working in child health, education and protection. Our partnership encourages entrepreneurial approaches to social problems by empowering the organisations and individuals who deliver. IMPACT AWARDS – a true social investment combining unrestricted funding ($100,000) with tailored consultancy and media support. IMPACT PARTNERSHIPS – access to practical support from companies (or other organisations / individuals) in mission critical areas such as governance, communications, HR, IT, strategy and fundraising.
<ul><li>What STARS found: </li></ul><ul><li>- Of 650 applicant organisations to our Award scheme 52% had no unrestricted funding at all. </li></ul><ul><li>For a further 21% it accounted for less than a quarter of their overall funding. </li></ul><ul><li>- Over 66% of these organisations identified funding practices as being a major challenge to their effectiveness. </li></ul><ul><li>Our response: </li></ul><ul><li>- Scale up the Impact Awards programme (unrestricted funding / consultancy / media). </li></ul><ul><li>Pilot a corporate partnership programme (equitable partnerships with mutual benefits derived principally from skills based volunteering). </li></ul><ul><li>Put more resource into proving the case for unrestricted funding (M&E, Communications). </li></ul>
Sense International India Impact Award Recipient 2009 Sense International (India) provides services for deaf blind and multi-sensory impaired children and adults. Established in 1997, it delivers communication, mobility, literacy and vocational skills programmes at home, in the community, or in day care centres through local partners.
INVESTMENT MULTIPLIER PROFILE & BRAND ORGANISATION PROGRAMME Recognition Leverage Credibility Advocacy Networking Sustainability / Resilience Strategic Development Fundraising Staff Development & Retention Control / Flexibility Infrastructure Sustainability Scale up / Replication Quality Responsive (needs led) Knowledge Sharing Infrastructure
<ul><li>What Next? </li></ul><ul><li>From 3 Awards in 2007 to 14 in 2012 STARS hopes to scale up to 75 Awards each year by 2020. </li></ul><ul><li>From our 2012 pilot with 2 corporates STARS hopes to partner with between 10 and 20 corporates each year by 2020. </li></ul><ul><li>Together this will allow us to reach 125 local organisations working with some 2 million children each year by 2020. </li></ul><ul><li>STARS’ innovative approach gives excellent organisations the freedom to choose how they can best strengthen their delivery. This empowerment constitutes an important change in the donor-recipient dynamic. </li></ul>
The Philanthropic Imperative is to take risks. For STARS this means increased investment in excellent local organisations and encouraging givers away from the “starvation diet” approach to funding, towards investment and trust. Join us. “ Restricted giving misses a fundamental point: to make the greatest impact on society requires first and foremost a great organisation, not a single great programme” (Jim Collins, Good To Great and the Social Sectors, 2006) www.starsfoundation.org.uk