Posts Tagged ‘Philanthropy’

Book Review: KaBoom!

Monday, October 3rd, 2011

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Hammond, Darell. KaBOOM! : how one man built a movement to save play. Rodale Books : Macmillan, 2011.

Darell Hammond, CEO and founder of KaBOOM!, is speaking in Geneen Auditorium at Fuqua at 6:30 on Tuesday 10/4 to discuss the challenges he faced in growing his nonprofit from a 2 person startup to a national organization, which leverages the power of local communities to construct playgrounds in disadvantaged neighborhoods.  Since 1995, he has raised $200 million and constructed 2,000 playgrounds throughout the US.  Hammond is also the author of a new book titled KaBOOM! about his life, career and company.

Hammond begins his book with a description of his childhood where he has a rough start, one of 8 children abandoned by his father.  Yet he thrives under the discipline and guidance in a group home near Chicago.  He describes his early career – the people he meets and the experiences they share, which help him develop the principles that guide KaBOOM! today.

For Hammond, the process of building the playgrounds is as important as the end product.  KaBOOM! provides the tools, resources and guidance for each project, but the local community is also involved, organizing the project, soliciting funds, and providing the labor.   When the project is complete, the volunteers experience a sense of pride in their accomplishment.  They are transformed into a community working for positive change.  They continue to maintain the playground for the children and they apply the planning and organizational skills to other projects in the community.

Written with passion and commitment, this is a story about the power of an individual to be a force for good in the world.  It is also a chronicle of an entrepreneur who develops a business model, nurtures his organizations expansion and standardizes the process and procedures.  Without formal management training, he makes mistakes and describes what he learns from them.  This engaging book offers practical points on social enterprise.

© Reviewer: Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

Book Review: Start Something That Matters

Monday, September 19th, 2011

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Mycoskie, Blake. Start something that matters. Spiegel & Grau, 2011.

In this interesting and readable account , a young man decides to live a life of meaning by pursuing his passion, and by devoting himself to a social cause while simultaneously earning a living.  In the book Start Something that Matters, author Blake Mycoskie tells the story of TOM’S One for One, a start-up shoe company that gives one pair of shoes to a poor child for every pair sold to first world customers.

The story begins when Mycoskie, a 29 year old entrepreneur on vacation in Argentina, notices that few impoverished rural children there wear shoes.  With no experience in the retail business or in the footwear industry, Mycoskie learns to design, manufacture and sell Argentine alpargatas (espadrilles) for the US market.  The shoes become fashionable with young people, and at the end of the first five years, a million pairs of shoes have been given to destitute children in South America.

Mycoskie shares his story to encourage others to start something that matters and to lead a life of meaning.  He shares practical tips for getting started and discusses principles for sustaining the company.  He also tells the stories of other entrepreneurs who have led lives that mattered.  This inspirational book is about one man who created a movement and made a difference to a million impoverished children.

© Reviewer: Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

Book Reviews: Do Business with Soul

Thursday, October 7th, 2010

Three new titles focus on combining profit and higher purpose. Business and investing can have a soul, and make a positive difference.

Click the titles below for information on location and availability.

  • The HIP investor : make bigger profits by building a better world. by R. Paul Herman. Wiley, 2010.
    HIP stands for Human Impact + Profit, an investment approach that realizes the profits that capitalists seek while building a better world. The creator of the HIP methodology shows investors how to construct a portfolio of firms that meets five basic human needs and, in doing so, generates positive social impact, while simultaneously providing substantial financial returns. The book claims that the HIP approach outperforms the financial returns of the S&P in both up and down markets.
  • Zilch : the power of zero in business. by Nancy Lublin. Portfolio, 2010.
    Nonprofit CEO Lublin describes how corporations can cut costs and improve results by emulating not-for-profit organizations. Nonprofits survive — and thrive — on a shoestring, by using innovation, creativity and passion. Drawing on the experiences of key not-for-profit organizations, both large and small, Lublin provides practical advice on topics such as how to motivate staff without high salaries and how to market products and services for free.
  • The art of giving : where the soul meets a business plan. by Charles Bronfman & Jeffrey Solomon. Jossey-Bass, 2010.
    In the new philanthropy, donors seek to make a difference. They give purposefully, think strategically and monitor the results. Giving is a deeply personal process but it is also a business. This comprehensive guide to charitable giving shows nonprofits how to communicate with donors to help them make meaningful choices with their gifts. It also helps donors decide what types of gifts to give, how to structure their donations and how to manage tax issues.

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

New Database: Guidestar Premium

Monday, June 1st, 2009

Guidestar Premium

Ford Library is pleased to announce the addition of Guidestar Premium to its suite of database resources available to all current Duke University students, faculty, & staff.

GuideStar is a leading source of financial, contact, and leadership information for U.S. nonprofit organizations. The database covers 1.8 million IRS-recognized organizations and enables users to find a charity, benchmark a nonprofit’s performance, research a particular nonprofit sector, and more.

Duke users can connect to Guidestar Premium directly, or via its link on our database page.

NOTE: After connecting to the site using one of the links above, you can start using the Guidestar site search box right away. You do not need to register or login after you connect to the Guidestar site.

Your comments and questions are welcome!

Book Review: Beyond Success

Tuesday, February 5th, 2008

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Ottinger, Randall J. Beyond Success: Building a personal, financial and philanthropic legacy. McGraw-Hill, 2008.

When Tom Keller was Dean of the Fuqua School, he once noted that there were two phases of life: the acquisition phase and the divestiture phase.

MBA students are focused on the first phase, acquisition. After graduation, these young men and women work long hours, take risks and make sacrifices for rewards that will come later. Inevitably as years pass, these young men and women will be successful at this phase and will achieve financial independence. And just as inevitably, they will someday be middle aged and find themselves in the second phase, divestiture, and may be surprised that this phase presents them with a different challenge — how to make a positive impact with their time and assets, building a personal and philanthropic legacy.

For people starting to think about establishing their legacy, the book Beyond Success illustrates the issues involved in managing wealth, philanthropy and family. How much is enough? How should people structure their lives to do well and to benefit others? How should people structure their wealth to enable their children to fulfill their dreams without undermining their motivation? How do people manage to leave something of lasting value at the end of life?

After providing a framework for creating a new vision and develop a road map for success, this book offers number of success stories. One is Mario Morino, who sold his company, Legent Corp to Computer Associates, and later formed Venture Philanthropy Partners, and who is now involved in Fuqua’s CASE (Center for the Advancement of Social Entrepreneurship) program. Also mentioned in this book is John C. Whitehead, formerly CEO of Goldman Sachs, who is also involved in CASE.

© Reviewer: Meg Trauner & Ford Library – Fuqua School of Business. All rights reserved.