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Be Nice. Fund Results. Minimize Hassle. Help Out.

Be Nice. Fund Results. Minimize Hassle. Help Out. SSIR Opinion & Analysis By Kevin Starr A few weeks ago we had a meeting of our poverty-solutions funding group, Big Bang Philanthropy . As a group, we're committed to the idea of high-impact, low-hassle funding. The high-impact part requires high-quality due diligence; the low-hassle part means doing it efficiently and respectfully. To inform our meeting, I asked a bunch of people who do the real work on the ground what it means to fund well. I ended up with thoughtful responses from a range of high-performance organizations. Here is what they had to say. Be nice. This isn't as simple as it sounds. There is a profound asymmetry of power in social sector funding, and it manifests in myriad ways. Out-and-out discourtesy and disrespect are not common, but they are not as rare as they should be. What is common is the simple thoughtlessness of the unaccountable: the unreasonable deadl...

Only a Tiny Percentage of Americans Opposed to Breaking Up Big Banks

Only a Tiny Percentage of Americans Opposed to Breaking Up Big Banks The Big Picture 50% In Favor of Directly Breaking Them Up … Many More In Favor of Stopping Artificial Support and Letting them Shrink On Their Own A new Huffington Post/YouGov poll finds : Sixty-one percent of respondents said that banks and other financial institutions have become too large and powerful …. A Rasmussen poll conducted last month found that: A new Rasmussen Reports national telephone survey shows that 50% of U.S. Adults favor a plan to break up the 12 megabanks , which currently control about 69% of the banking industry. Twenty-three percent (23%) oppose breaking up the largest banks, while another 27% are undecided. While polls show that Democrats favor breaking up the big banks more than Republicans, many Republicans point out that the big banks would fail on their own if the government stopped bailing them out . Indeed, a Harris poll from last year shows that 87% ...

Foundations and Impact Investing: What Is Really Going On?

Foundations and Impact Investing: What Is Really Going On? The CEP Blog Impact investing has been hailed as potentially transformational by nonprofit sector, corporate, and foundation leaders. Elizabeth Littlefield, President and CEO of the Overseas Private Investment Corporation, has called it "the game-changer we need in the quest to end poverty" that will allow us to "solve many of the world's social problems while making attractive financial returns." The difference impact investing will make has been compared to venture capital's impact on the private sector, something that Ronald Cohen and William A. Sahlman argue "will bring much needed change to the social sector." I'll admit that, though I am excited about the promise of more capital deployed to do good, I find myself looking for some hard data to back up these assertions. At this point, I simply have too many questions. What is impact investing, exactly...

I thought you'd find this interesting...

Check out this article:Ex-Goldman Trader Was Going To Be Paid $2 Million At Age 29 But He Wanted To Boost His Rep So He Amassed An $8.3 Billion Bet ( http://www.businessinsider.com/matthew-taylor-compensation-at-age-29-2013-4 from businessinsider.com )--DoenDenkers®

China in Africa: Really Rubbery Numbers

China in Africa: Really Rubbery Numbers China in Africa: The Real Story An article in the South China Morning Post "Rubbery Numbers Add Up to Big Role for China in Africa," (March 29, 2013) illustrates the pitfalls of journalists relying on "experts" who parrot the conventional wisdom but don't really know what's going on. Here are three examples: According to "expert" #1: the cumulative Chinese investment in sub-Saharan Africa totals US$220 billion. I hope the reporter simply got this quote wrong. It's ac tually quite close to the figure for China-Africa trade for 2012. But FDI?!  The Chinese official figures are around $16 billion for cumulative investment in Africa. This is certainly an underestimate, but the real figure is nowhere near $220 billion! Even the figures provided by Derek Scissors' China I nvestme nt Tracker at Heritage, who tracks the value of all deals at $100 million and above (i.e. the expect...

The Ten Best Employers To Work For

The Ten Best Employers To Work For The Big Picture Charle Hugh Smith is an author. He blogs at Of Two Minds . ~~~ The insecurity of self-employment can generate a far more resilient life and mindset. There are all sorts of "10 best companies to work for" lists, but I've assembled a slightly broader list: The Ten Best Employers To Work For. Without further ado, let's go to number 1: 1. Yourself Surprised? Expecting Google or Zappos? The National Security Agency? Nope, not even close. It's you–yes, you, Bucko. You're the best employer to work for. OK, on to the rest of the list: 2.  Yourself 3.  Yourself 4.  Yourself 5.  Yourself 6.  Yourself 7.  Yourself 8.  Yourself 9.  Yourself 10. Yourself Aren't you glad I didn't make this a "100 best employers" list? Before you start nitpicking the list: yes, there is only one of you, so the list is somewhat repetitive. And yes, there are some do...