The document proposes leveraging markets through Catholic social teaching to promote sustainable economic development and alleviate poverty. It outlines challenges such as water scarcity, hunger, and climate change, and proposes market-based solutions like impact investing, social entrepreneurship, microfinance, and benefit corporations. The goal is to stimulate dialogue on renewing the Catholic Church's role in spurring just economies through leadership and partnerships that benefit society.
NGOs in Pakistan: their history, law(s), activities, types, their impact on poverty, their problems and prospects.
Definition, what are their problems, what has been done by the state, international lending/donor agencies, what could be done for their improvement.
NGOs in Pakistan: their history, law(s), activities, types, their impact on poverty, their problems and prospects.
Definition, what are their problems, what has been done by the state, international lending/donor agencies, what could be done for their improvement.
It’s easier than you think to hide in plain sight. To be everywhere and nowhere. To become so ingrained in the fabric of a city, an economy, a world, that you are both integral to a place, and on its fringes.
The informal workforce often falls into this “in between”– the woman selling mangoes on the side of the road; the domestic worker sweeping the drive with a quiet focus; the young man picking through yesterday’s garbage in the pre-dawn darkness, a clank of a can the only indicator of his presence.
While the lives of informal workers may differ depending on country, culture and profession, the ambitions and desires of these individuals are universal.
NGO,S (NON GOVERNMENT ORGANIZATION) by punjab universityShahzaib Khan
Non-governmental organizations, nongovernmental organizations, or nongovernment organizations, commonly referred to as NGOs, are usually nonprofit and sometimes international organizations independent of governments and international governmental organizations (though often funded by governments) that are active in humanitarian, educational, healthcare, public policy, social, human rights, environmental, and other areas to effect changes according to their objectives. They are thus a subgroup of all organizations founded by citizens, which include clubs and other associations that provide services, benefits, and premises only to members. Sometimes the term is used as a synonym of "civil society organization" to refer to any association founded by citizens, but this is not how the term is normally used in the media or everyday language, as recorded by major dictionaries. The explanation of the term by NGO.org (the non-governmental organizations associated with the United Nations) is ambivalent. It first says an NGO is any non-profit, voluntary citizens' group which is organized on a local, national or international level, but then goes on to restrict the meaning in the sense used by most English speakers and the media: Task-oriented and driven by people with a common interest, NGOs perform a variety of service and humanitarian functions, bring citizen concerns to Governments, advocate and monitor policies and encourage political participation through provision of information.
Role of charity and govt towards NGOs in pakistanShahzaib Khan
Pakistan is a country with a rapidly growing population, most of which lives below the poverty line. Neglect of the lower cadres of population by consecutive governments in Pakistan gave rise to the need of alternate. Organizations addressing the core issues of illiteracy, health problems and many others faced by the 'have nots'.
These bodies and Organizations filling the human development needs gap are commonly known as NGOs - Non- governmental Organizations OR more recently as NPOs- Non-Profit organisations.
Although the number of registered NGOs in Pakistan runs in thousands, those that are actually making worthwile contributions are few hundreds. In this website, we have made an effort to compile a list of the most prominent NGOs in Pakistan
Tom Tresser presented at a forum of privatization and the Chicago Infrastructure Trust at SEIU's Chicago HQ on Saturday, June 23, 2012. Visit http://www.civiclab.us. Contact Tom = tom@civiclab.us
This presentation on privatization and TIFs was given to Theresa Amato's public interest law class at the Loyola Law School. The audio is 47 minutes long. If you'd like a copy, please email tom@civiclab.us.
Land deals in Africa: Trends, drivers, impacts and responsesSIANI
The focus of the seminar was to explore the increasing interest in land acquisition in Africa from the different perspectives of the major stakeholders. It took place at Sida on the 10th of November, 2010.
It’s easier than you think to hide in plain sight. To be everywhere and nowhere. To become so ingrained in the fabric of a city, an economy, a world, that you are both integral to a place, and on its fringes.
The informal workforce often falls into this “in between”– the woman selling mangoes on the side of the road; the domestic worker sweeping the drive with a quiet focus; the young man picking through yesterday’s garbage in the pre-dawn darkness, a clank of a can the only indicator of his presence.
While the lives of informal workers may differ depending on country, culture and profession, the ambitions and desires of these individuals are universal.
NGO,S (NON GOVERNMENT ORGANIZATION) by punjab universityShahzaib Khan
Non-governmental organizations, nongovernmental organizations, or nongovernment organizations, commonly referred to as NGOs, are usually nonprofit and sometimes international organizations independent of governments and international governmental organizations (though often funded by governments) that are active in humanitarian, educational, healthcare, public policy, social, human rights, environmental, and other areas to effect changes according to their objectives. They are thus a subgroup of all organizations founded by citizens, which include clubs and other associations that provide services, benefits, and premises only to members. Sometimes the term is used as a synonym of "civil society organization" to refer to any association founded by citizens, but this is not how the term is normally used in the media or everyday language, as recorded by major dictionaries. The explanation of the term by NGO.org (the non-governmental organizations associated with the United Nations) is ambivalent. It first says an NGO is any non-profit, voluntary citizens' group which is organized on a local, national or international level, but then goes on to restrict the meaning in the sense used by most English speakers and the media: Task-oriented and driven by people with a common interest, NGOs perform a variety of service and humanitarian functions, bring citizen concerns to Governments, advocate and monitor policies and encourage political participation through provision of information.
Role of charity and govt towards NGOs in pakistanShahzaib Khan
Pakistan is a country with a rapidly growing population, most of which lives below the poverty line. Neglect of the lower cadres of population by consecutive governments in Pakistan gave rise to the need of alternate. Organizations addressing the core issues of illiteracy, health problems and many others faced by the 'have nots'.
These bodies and Organizations filling the human development needs gap are commonly known as NGOs - Non- governmental Organizations OR more recently as NPOs- Non-Profit organisations.
Although the number of registered NGOs in Pakistan runs in thousands, those that are actually making worthwile contributions are few hundreds. In this website, we have made an effort to compile a list of the most prominent NGOs in Pakistan
Tom Tresser presented at a forum of privatization and the Chicago Infrastructure Trust at SEIU's Chicago HQ on Saturday, June 23, 2012. Visit http://www.civiclab.us. Contact Tom = tom@civiclab.us
This presentation on privatization and TIFs was given to Theresa Amato's public interest law class at the Loyola Law School. The audio is 47 minutes long. If you'd like a copy, please email tom@civiclab.us.
Land deals in Africa: Trends, drivers, impacts and responsesSIANI
The focus of the seminar was to explore the increasing interest in land acquisition in Africa from the different perspectives of the major stakeholders. It took place at Sida on the 10th of November, 2010.
VC4Africa is building a leading peer-to-peer network that connects African based entrepreneurs with the resources (network, knowledge and capital) they require to realize their potential. By our definition, every entrepreneur we engage creates value in the areas of people, planet and profit.
Problem Statement
Innovative early stage ventures with the potential to yield high social and environmental impact - and requiring less than USD $1 million in financing (the 'S' in SME) - are the most difficult segment of the SME pipeline to reach. This is especially true in the context of Sub-Saharan Africa. Often times early stage ventures have a limited track record and lack the collateral needed to secure debt capital from a local bank. Moreover, local banks and traditional financiers too often do not appreciate the dynamics of the entrepreneur’s specific business and therefore cannot add value beyond financial capital. The cost and complexity of due diligence is one of the limiting factors for those interested and able to invest in this segment. It simply costs too much to find genuine entrepreneurs with a solid business idea and plan—just ask anyone with an SME fund and they’ll tell you how ‘hard it is to find qualified deal flow.’ As a result, most existing SME funds seek larger deals and the highest margin businesses. At the same time, micro-credit is limited in its ability to support high growth businesses beyond small-scale enterprise and leaves entrepreneurs with potential standing on the sideline. This dynamic creates an early stage “vacuum” in which a large number of potentially thriving, innovative companies are either constrained to be micro-enterprises, and hence have a limited impact on economic growth and job creation, or don’t come into existence at all. This tends to shut out promising entrepreneurs in the sub-$1 million financing range indiscriminately, or raises the cost of capital to prohibitively high levels—above the already-high rate of return on capital exhibited by many SMEs—making financing uneconomical.
Our Objective
VC4Africa exists to fill this vacuum. As the largest network connecting African entrepreneurs, angel investors and early stage VCs, VC4Africa seeks to reduce the barriers to investing in small and growing businesses with high potential to contribute to innovation and economic growth throughout Africa. But we are more than a social network. We seek to leverage our data in meaningful ways to increase access to resources and facilitate successful business and investment connections to African entrepreneurs with currently limited access. VC4Africa develops tools that work to efficiently connect members and, in our community’s drive to fuel innovation, create jobs and bring rapid economic growth to communities throughout the continent.
Answer questions 14-1 and 14-4 with approximately 40 to 90 w.docxjustine1simpson78276
Answer questions 14-1 and 14-4 with approximately 40 to 90 words each.
14-1.
Identify which level(s) of government regulate(s) NFP organizations and identify the source of authority.
14-4.
What are the distinguishing characteristics between a public charity and a private foundation? What is a public support test and how does it relate to public charities and private foundations?
Answer the following questions with 100 to 150 words each.
FASB Statement 117
1. What are the three classifications of net assets established by FASB Statement 117? How are these net assets affected by the existence or absence of donor-imposed restrictions? How are releases of these net assets accomplished?
A. how is adherence to the restrictions monitored?
B. how is income from restricted assets reported?
Financial Reporting
2. What financial statements are required of not-for-profit organizations? How are they different or comparable to those provided by organizations that operate for profit? How does the retained earnings section of for-profit organizations differ from that of the net assets section of not-for-profits?
a. what are some of the differences in the balance sheet of a not for profit entity and a for profit entity?
NFP or Governmental
3. in what ways can governmental entities raise additional revenue for large dollar projects?
45
The Corporation’s Social
Responsibilities
The idea that businesses bear broad responsibilities to society as they pursue economic goals is an
age-old belief. Both market and nonmarket stakeholders expect businesses to be socially responsi-
ble, and many companies have responded by making social goals a part of their overall business
operations. Some businesses have even integrated social benefit with economic objectives as their
primary mission. With these dramatic changes in the mission and purpose of a business organiza-
tion, what it means to act in socially responsible ways is not always clear, thus producing contro-
versy about what constitutes such behavior, how extensive it should be, and what it costs to be
socially responsible.
This Chapter Focuses on These Key Learning Objectives:
• Understanding the role of big business and the responsible use of corporate power in a
democratic society.
• Knowing when the idea of corporate social responsibility originated and the phases through
which it has developed.
• Investigating how a company’s purpose or mission can integrate social objectives with
economic objectives.
• Examining the key arguments for and against corporate social responsibility.
• Defining a social enterprise and understanding its role in solving social problems.
• Evaluating business’s social obligations to help the world’s poorest members.
• Recognizing socially responsible best practices.
C H A P T E R T H R E E
Law29473_ch03_045-066.indd Page 45 29/11/12 9:13 PM user-TRVT-065Law29473_ch03_045-066.indd Page 45 29/11/12 9:13 PM user-TRVT-0.
Future of high impact philanthropy initial perspective 2017Future Agenda
We are very pleased to announce a new topic focus for some events and wider discussions during the first half of 2017. Building on to some of the insights gained from previous events, including on the future of wealth and the future of doing good, This new initial perspective explores potential future shifts in the field of High Impact Philanthropy. It is authored by Prof. Cathy Pharoah of Cass Business School London. It highlights some of the issues being raised as the worlds of impact investing and philanthropy increasingly overlap as more organisations and investors seek to help create lasting change. Many are now asking about how donor expectations will evolve, how giving will scale, how best to create and measure impact and where new models within philanthropy will emerge.
To address these and other questions, we are running a series of events over the next few months in London, Mumbai, Singapore, New York and Dubai that will explore the emerging shifts, understand new global and regional priorities and highlight what leaders in the fields of philanthropy and impact investing feel will define success. As with all Future Agenda projects, we will build on THIS initial perspective by bringing together a rich mix of expertise to challenge assumptions, share insights and co-create an enriched, informed future view for all.
If you would like to get involved as participants or hosts, do let us know and we can share more details. Equally if you have any feedback on the initial perspective or other comments do let us know by email, twitter or linked in and we will make sure these are shared and included in to the mix.
At a time where much is being asked of philanthropy and its ability to successfully direct much-needed investment into key areas of challenge and opportunity, we very much look forward to hosting this important debate and sharing insights.
This paper considers that the most challenging needs facing the development of Microentrepreneurship, are the need to develop innovative socially-oriented banks that care about the ―unbankable‖ segment of the society. Family Bank is considered to be one of the ―social businesses‖ which are based entirely upon the partnership as well as social corporate responsibility (CSR) of private sector.
#Businessforgood. Trends in Social Enterprise.Tirrah Switzer
Social enterprises are innovative businesses that address the long-term needs of our world. Social enterprises can be structured in several ways – non-profit, for-profit or hybrid. Echoing Green, a seed-stage funder of social enterprises has seen an increase in applications of both for-profit and hybrid models. An emerging trend for hybrid social enterprises is building a for-profit and non-profit arm of the social enterprise that furthers the organization’s social agenda. The social enterprise sector in the United States is estimated to be double the size of the mining industry and three to five percent of the United States total gross domestic product. The social enterprise movement soared in 2006 with sixty percent of today’s social enterprises founded after 2006. Social enterprises are tackling the world’s problems. Last year, poverty alleviation and economic development were the top program areas for hybrid and for-profit funding applicants. As the social enterprise sector continues to grow, a trend we see more of is more defined social and/or environmental impact. Tom Shoes, a well-known social enterprise, has received much media attention and criticism of their business structure. Not only has TOMS learned from the criticism but it has assisting in building structures for other social enterprises.
Funding is often referred to as an obstacle for social enterprises. New funding sources are allowing social enterprises the ability to be original and ground-breaking in their funding pursuit. Social enterprises are trending worldwide; something is happening in every corner of the world regarding social enterprises. Consumers are willing to match their wallets and hearts when it comes to spending money with social enterprises. Based on the activities of stakeholders, entrepreneurs, investors, governments, media and consumers, we should continue to see the movement of social enterprises advance.
Keywords: Social Enterprise, Business for Good, Corporate Social Responsibility, Trends
Global responses to COVID-19 - perspectives from the Latin American private s...David Ferreira
As the global community for investors for impact, AVPA, AVPN, EVPA & IVPC (LatImpacto) have launched the “Global Responses to a Global Pandemic webinar series: Sharing Philanthropy's Response to COVID-19”.
This 4-part series will share lessons and philanthropic responses from across the world by shining a virtual spotlight on regional examples to similar challenges. Through this webinar you will have the opportunity to:
• Explore the diverse roles grant makers can have in responding to the pandemic
• Share examples of responses
• Hear from voices on the ground
The possibility to start conversations and share peer learning with a global audience which can be continued over the coming months. Hear practitioner stories from 4 continents.
.A roundtable presentation by James E. Bloyd, MPH at the 139th annual meeting of the American Public Health Association, Washington, DC. 12 Co-authors: Jim Braun, Robin Kelly, and Orrin Williams. Abstract:
Question 6 Community advisory councils can play an important role.docxwraythallchan
Question 6: Community advisory councils can play an important role in the search for social legitimacy. What are a few observations of what needs to be done to get the most out of a community advisory council and what can and cannot be accomplished or expected from such a council?
Please use the below lecture note to guide your response. Minimum of 2 academic references and 1 data for appendix, it could be a graph or table or piechart (2 and half pages NOT double spaced).
The Community _and the Corporation
A strong relationship benefits both business and its community. Communities look to businesses for civic leadership and for help in coping with local problems, while businesses expect to be treated in fair and supportive ways by the community. As companies expand their operations, they develop a wider set of community relationships. Community relations programs, including corporate giving, are an important way for a business to express its commitment to corporate citizenship.
This chapter focuses on these key learning objectives:
• Defining a community, and understanding the interdependencies between companies and the communities in which they operate.
• Analyzing why it is in the interest of business to respond to community problems and needs.
• Knowing the major responsibilities of community relations managers.
• Examining how different forms of corporate giving contribute to building strong relationships between businesses and communities.
• Evaluating how companies can direct their giving strategically, to further their own business objectives.
• Analyzing how collaborative partnerships between businesses and communities can address today’s pressing social problems. Whole Foods Market is a natural foods retailer with stores in many communities in North America and the United Kingdom. Founded in 1980 in Austin, Texas, the company believes that its business “is intimately tied to the neighborhood and larger community that we serve and in which we live.” Whole Foods donates 5 percent of its net profit to charitable causes and operates two foundations focused on animal welfare and rural poverty. Each of the company’s 184 stores hosts a community day three times a year, with 5 percent of the day’s total sales revenue contributed to a worthy local nonprofit organization. Whole Foods also gives its employees 20 paid community service hours for each 2,000 hours of work (about half a week per year). Employees have been involved in a wide range of service projects, including organizing blood donation drives, raising money for breast cancer research, developing community gardens, renovating housing, and delivering “meals on wheels.”1
One of the leading financial institutions in the world, ING has operations in more than 50 countries. Based in the Netherlands, the company provides insurance, banking, and asset management services throughout Europe, with a growing presence in the Americas and Asia. Recognizing that the needs of the many co ...
Similar to Faith & Sustainable Development 2015 - Coming Soon (20)
Faith & Sustainable Development 2015 - Coming Soon
1. Fic
‘Sir, your gold coin has earned ten additional ones.’ He
replied, ‘Well done, good servant! You have been faithful in
this very small matter; take charge of ten cities.’
Luke 19: 16-17
Faith & Sustainable
Economic
Development
Promoting Good Livelihoods
2015
2. “It will become self evident that the economy exists
for the sole purpose of providing for the common welfare
of the entire populace.”
April 26, 2015
3. Purpose of the Document:
There is Hope! This document is designed to stimulate dialogue regarding a renewed role for the Catholic Church – a role
leveraging markets to achieve outcomes beneficial to society. The Church has the opportunity to continue to leverage today’s
international markets to alleviate poverty, protect workers, foster trade solidarity, and finance investments in catalytic sectors.
Through the Church’s leadership role, we may spur others to act similarly, and to move toward more just economies which area a
part of Christ’s redemptive work.
About the Author:
Dale Fickett is a Board Member at the Virginia Catholic Conference and Executive Director of RVA Works, a public-private
partnership of Richmond Virginia. RVA Works is dedicated to empowering business for great good through:
• Business formation in under-resourced communities;
• Incubator spaces;
• Acceleration of social innovators; and
• Solidarity across the venture community.
Within the Cathedral of the Sacred Heart (Richmond, VA), Fickett served as Chairman of the Social Justice Committee,
coordinating parish efforts to address homelessness and hunger; as well as reviewing grants for the support for related
nonprofits. He serves on the Virginia Small Business Quality Award Panel – an initiative of the U.S. Senate and the Secretary of
Commerce & Trade for Virginia. He recently authored “Differentiating Our Startup Ecosystem” and “Creating Jobs in Virginia –
Building New Businesses”.
p. 1
Previously, Fickett served as a strategy consultant in Accenture’s European Financial Services practice; as co-founder of a retail
startup; and as an instructor at the Wharton School SBDC, University of Pennsylvania.
Through Trinity College, Dublin he co-authored Developmental Entrepreneurship in Sub-Saharan Africa: Assessing Financial and
Social Returns. He sponsored subsequent work at the Wharton School resulting in “Toolkit for Development of a Successful MSME
Fund in Africa.” He is presently an adjunct professor at Virginia Commonwealth University’s School of Business; and has been
asked to speak at several universities on inclusive economic development, social entrepreneurship, social enterprise models, and
impact investing.
He achieved a BSBA cum laude from LaSalle University in Management and in Finance; and an MBA magna cum laude from
Villanova University. He is husband to Tara, and father to Fiona Mary and Cian Stephen Fickett.
4. Table of Contents
p. 2
I. Rooted in Catholic Social Teaching
II. Our Human Development Challenges
III. Insufficient Resources & Historic Risks
IV. Market-based Solutions
V. Our Church Impacting the Economy
VI. Model for Sustainable Economic Development
• Our Opportunities
• Support Programs
• Impact Fund
• Portfolio Companies
VII. Structure and Prospective Advisors
VIII. Summary of Benefits
5. Starting Point = Catholic Social Teaching
p. 3
Life & Dignity of the Human Person
Call to Family, Community and Participation
Rights & Responsibilities
Option for the Poor & Vulnerable
The Dignity of Work and the Rights of Workers
Solidarity
Care for God’s Creation
I.
6. Our Human
Development
Challenges
Water 1.8 billion people, in 2025, will be living in countries or
regions with absolute water scarcity.
- United Nations
Food
Housing
Climate Change
Education
Health Care
1.6 billion people will be affected by the affordable housing gap, about
one in three urban dwellers.
- McKinsey
In 2014 close to 850 million, or one in eight, still go hungry each day.
By 2025 hunger can be eliminated through enhanced distribution.
-International Food Policy Research Institute
1 billion people lack access to a health care system. By 2025, there will
be 1.2 billion people over age 60. Chronic diseases will stress health
care systems, with 63% of deaths attributable to such conditions.
- Deloitte
The skills gap in the U.S. is becoming more acute. By 2020, 63% of the 48 million job
openings in the U.S. will require some post-secondary education.
- JP Morgan Chase & Co.
Between 2055 and 2070 global carbon neutrality can be reached, so as to avert the
worst impacts on biological systems, physical systems (i.e. flooding, drought, erosion),
food production, and other health and economic impacts.
- Inter-governmental Panel on Climate Change
p. 4
II.
7. Insufficient Resources & Related Risk
p. 5
Government
Indebtedness
Limit to
Philanthropy
January 2015 - Over $55 trillion in total public debt globally, and it is rising faster
than economic output.
- The Economist, The Global Debt Clock
Global Risks of
Historic
Significance
No. 1 Global Risk of Highest Concern - “Fiscal Crises in Key Economies”
- World Economic Forum
2010
Private Philanthropy Globally
$19.7 billion
2010
World Economic Output
$3,100 billion
Global philanthropy is 0.006% of total world economic output (e.g. Gross
World Product).
- Central Intelligence Agency and Center of Global Prosperity
“The practice of strategic philanthropy has advanced substantially over the
past two decades, yet even its most committed theorists and practitioners –
we among them – have often been disappointed by the results.”
- Stanford Social Innovation Review
“Transformational shifts offer unparalleled opportunities, but the
interconnections among them also imply enhanced systemic
risks”, including: High Unemployment, Severe Income Disparity,
Failure of Financial Mechanism / Institution, and Profound
Political and Social Instability.
- World Economic Forum
III
8. Market-Based Solutions
A Toolbox for Inclusion (1 of 2)
p. 6
Innovators for
Societal Benefit
“Impact Investments are investments made into companies, organizations
and funds with the intention to generate measurable social and
environmental impact alongside a financial return.”
- Global Impact Investing Network
Investing with a
Societal Purpose
“Social entrepreneurs are individuals with innovative solutions to
society’s most pressing social problems”, building new business
models to catalyze scalable benefit.
- Ashoka
Livelihoods
Where
They’re
Most Needed
Over 1 billion people live on less than $1.25 (PPP) per day,
and 2.2 billion people live on less than $2.00 per day.
- World Bank
“The rapid growth of the industry has reached 130 million
clients...Formal financial services such as savings, loans, and
money transfers enable poor families to invest in
enterprises, better nutrition, improved living conditions, and
the health and education of their children.“
- International Finance Corporation
Buying Goods
to Support
Justice for
Workers
“Fair Trade Certified™ products come from cooperatives,
independent small farmers, and farm workers in 70
developing countries across Africa, Asia, Oceania, Latin
America and the Caribbean.“ Products that bear the logo
come from farmers and workers that are justly
compensated.”
- fairtradeusa.org
IV
9. Market-Based Solutions
A Toolbox for Inclusion (2 of 2)
p. 7
Business
Ownership for
Those in Need
Jugaad innovation is…”the most comprehensive
book yet on the subject” of frugal innovation being
embraced in the West.
The Economist
“Innovating for emerging markets, rather than
simply exporting, can unlock a world of
opportunities...”
Reverse Innovation
Innovation from
Developing
Countries
“The Evergreen Cooperatives of Cleveland, Ohio are
pioneering innovative models of job creation, wealth building,
and sustainability. Evergreen’s employee-owned, for-profit
companies are based locally and hire locally. ”
EvergreenCooperatives.comEvergreenCooperatives.comEvergreenCooperatives.comEvergreenCooperatives.com
Innovative
Nonprofit &
Government
Programs
“B Corps are a new type of company that uses the power of business to“B Corps are a new type of company that uses the power of business to“B Corps are a new type of company that uses the power of business to“B Corps are a new type of company that uses the power of business to
solve social and environmental problems.” There are 1,203 B Corps in 38solve social and environmental problems.” There are 1,203 B Corps in 38solve social and environmental problems.” There are 1,203 B Corps in 38solve social and environmental problems.” There are 1,203 B Corps in 38
countries, and operating in 121 industries.countries, and operating in 121 industries.countries, and operating in 121 industries.countries, and operating in 121 industries.
Bcorporation.netBcorporation.netBcorporation.netBcorporation.net
““““A benefit corporation is a Virginia stock corporation whose articles of
incorporation provide that it is a benefit corporation and that has, as one of its
purposes, the purpose of creating a general public benefit on society and/or
the environment.”
Virginia State Corporation Commission
New Business
Structures for
Societal Benefit
Other related activities in the publicOther related activities in the publicOther related activities in the publicOther related activities in the public---- and civil sector haveand civil sector haveand civil sector haveand civil sector have
included:included:included:included:
o Policy innovations, such as Cap and TradePolicy innovations, such as Cap and TradePolicy innovations, such as Cap and TradePolicy innovations, such as Cap and Trade
o VentureVentureVentureVenture pppphilanthropy measurement techniqueshilanthropy measurement techniqueshilanthropy measurement techniqueshilanthropy measurement techniques
o Support for International Financial InstitutionsSupport for International Financial InstitutionsSupport for International Financial InstitutionsSupport for International Financial Institutions
o Overseas Development Aid programsOverseas Development Aid programsOverseas Development Aid programsOverseas Development Aid programs
o Social Impact Bonds / Pay for Performance ProgramsSocial Impact Bonds / Pay for Performance ProgramsSocial Impact Bonds / Pay for Performance ProgramsSocial Impact Bonds / Pay for Performance Programs
IV
10. Summary of Benefits
p. 24
VIII
Economies Working
for People
Improvements for
the Most Vulnerable
Potential for Benefits
that Grow and Scale
Strong Stewardship
of Church Resources
Sustainability &
Solidarity
Salvation of Souls
through Dignity of
Work
“The Spirit of the Lord is upon me, because he has anointed me to bring glad tidings to the poor.”
Luke 4 : 18
“I have the strength for everything through him who empowers me.”
Philippians 4 : 13
“Amen, amen I say to you, whoever believes in me will do the works that I do, and will do greater ones than these
because I am going to the Father”
John 14 : 12
11. Contact Us:
For more information, please contact the author at:
Dale Fickett
dfickett@hotmail.com
@dalefickett
+1.804.335.7198
Disclaimer
This material has been designed for discussions purposes only, and is not to be deemed exhaustive. It is not
intended to infer or contain any contractual obligations. Unless otherwise referenced, this document contains ideas,
concepts, illustrations and information that reflect the views of the author and other stakeholders. It is not designed
to imply definitive advice. Interpretations of the information outlined herein, or the mention of other entities or
agencies is not to be construed as representing any contractual agreements. The opinions expressed in this
document are just that. No warranties, express or implied, of any kind are made, intended or inferred. The
information contained herein is not legal advice, nor should it be taken as such. When such legal issues arise, proper
advice should be sought, where applicable and appropriate, from qualified legal counsel. Our apologies, in advance,
for any oversights or errors.
