Index
Note: Figures are identified by f following the page number. Tables are identified by t following the page number. Endnote information is identified by n and note number following the page number.
Aavishkar, 143
Abdul Latif Jameel Poverty Action Lab (J-PAL). See J-PAL
Abed, Sir Fazle Hasan, 44–45
Absorvidas, 22
accelerator initiatives, during Covid-19 pandemic, 331–332
Accion Venture Lab, 160
accounting firms, 83 , 95 , 98
Accounting Principles Board (APB), 95 , 109n 74 , 109n 77
Acumen Fund, 145 , 146
acute stress, 47
additionality, 4
commercial, market-validated impact investments, 142
commercial, non-market-validated investments, 143–144
explained, 140
Returns Continuum, 141f
subcommercial impact investments, 145–147
advocacy, 119 , 171 , 183
affinity diagram, 244
Afghan Institute of Learning (AIL), 47 , 48
Africa. See also individual countries in Africa
Bridge Academies, 158–159
CAMFED, 38 , 45–46 , 237–239
CommCare, 172
d.light and, 146 , 157–158
PlayPump International, 234–235
Pula Advisors, 159–160
African Americans, 39 , 62 , 132
African Leadership Academy (ALA), 21
aggregate carbon emissions, 348
agriculture
in Nigeria, 235–236
Proximity Designs (Myanmar), 241
Pula Advisors and, 159–160
Alder Graduate School of Education, 188 , 203
Alibaba, 308
Alphabet (Google), 324
ALS Ice Bucket Challenge, 194
alumnae network, social sector funding through, 38 , 45–46
Amazon, 300 , 308 , 324 , 330
ambiguity, navigating (design ability), 260–262
American Carbon Registry, 366
American Honors, 282 , 284
American Institute of Accountants, 94–95
Andrews, Maya DiRado, 42
angel investors, 160
animal-to-human transmission of diseases, 322–323
Annual Status of Education Report (ASER), 38
APB (Accounting Principles Board), 95 , 109n 74 , 109n 77
Apple, 324
Apple-Google partnership, 304 , 309 , 312
Arnold, John, 63 , 70 , 161
Arnold, Laura, 70 , 161
Arrillaga-Andreesen, Laura, 6 , 11 , 12
artificial intelligence (AI)
Covid-19 pandemic and, 300
effective altruism movement and, 72
Fei-Fei Li, 67
human intelligence and, 60
Asana.com, 71
ASER Centre, 38–39
Ashoka, 68–69 , 329
AstraZeneca vaccine, 336
at-home lab tests, 301
Atlantic Philanthropies, 63
Audacious Project, 70 , 180
auditors, 86
audits, 97–98
audits and auditors, 111n 91
Aung Din, Debbie, 241
aviation sector, carbon emission reductions, 355–356
avoidance offsets, 362–363 , 364 , 365 , 366 , 367 , 371 , 374
Babban Gona, 235–236
Bajaj, Avnish, 148
Ballmer, Steve, 70
Bamboo Finance, 143
Banerjee, Abhijit, 46 , 64
Banerji, Rukmini, 36 , 39
Bangladesh, 14 , 37 , 44–45 , 195 , 326
Bangladesh Rural Advancement Committee (BRAC). See BRAC (Bangladesh Rural Advancement Committee)
Bannick, Matt, 3 , 6 , 118 , 121 , 137 , 138 , 140 , 150
Baptista, David, 20 , 23
Barra, Mary, 334
B Corp certification, 86
B corporations, 1 , 189 , 196 , 284
Beach, Dave, 256–257
behavior change, scaling social innovation and, 181–182
Bellevue University, 282
beneficiary journey map, 244
benefit corporations, 1 , 197
Berger, Alexander, 71–72
Bezos, Jeff, 70
“Big Bet Philanthropy,” 180
Bildner, Eli, 288–291 , 292
Bill & Melinda Gates Foundation, 58 , 126 , 179
Breakthrough Energy Ventures (BEV) and, 153
Bridgespan report (2018), 56
Chopra Foundation and, 25
on Chuck Feeney, 62
Covid-19 response, 308
Covid-19 vaccine and, 335
gender equality efforts, 50 , 51
Giving Pledge and, 62
BillPhils (billionaire philanthropists)
criticism of, 60–61
evidence-based practices and, 65–67
facts about, 56–59
growth in personal wealth, 56–57
“servant philanthropy” mindset of, 70–72
shifting from foundations to “giving while living,” 61–64
signing the Giving Pledge, 56
team-of-teams model and, 67–70
BioNTech, 336
Bischof, Chris, 240
B Lab, 86
Black Lives Matter, 200
BlackRock, 350
Black social entrepreneurs, 132
blockchain technology, 97
Bloomberg (rating service), 86
Bloomberg Green, 367
Bloomberg, Michael, 63
Bloomberg New Energy Finance (BNEF), 346 , 347–348 , 347f
Bloomberg Philanthropies, 179
Bloom, Gordon, 7 , 319 , 320
Blue Meridian Partners (BMP), 69 , 180
Board Fellows, 210
board of trustees
board governance, 41
diversity in, 39–40
FASB, 95 , 109n 74
Boeing, 149 , 355
BP, 347f , 356–357 , 360 , 369 , 379n 49
BRAC (Bangladesh Rural Advancement Committee), 37–38 , 44 , 195
brainstorming, in empathetic approach, 15
Brandman University, 291
Brazil, 141 , 154 , 155–156 , 178
Breakspear, Simon, 192
Breakthrough Energy Ventures (BEV), 152 , 153
Brest, Paul, 3 , 6 , 79 , 80 , 121 , 246
Bridge Academies, 147 , 158–159
Bridges Fund Management, 129 , 143
Bridgespan, 69 , 70
Bridgespan report (2018), 56
Brown, Moaz, 190–191
Buffett, Warren, 55 , 62
BUILD, 194
Built to Last (Collins and Porras), 191
Burberry, 323
bureaucratic organizational model for foundations, 67–68
business-as-usual carbon emissions, 349f
business model canvas (BMC), 272
California Cap-and-Trade system, 369
California Commission on Teacher Credentialing (CCTC), 188 , 203
Calkins, Lucy, 193
Camelback Ventures, 133
CAMFED, 38 , 45–46 , 237–239
Cá ntaro Azul, 329
Caplow Children’s Prize, 51
Carbon Disclosure Project, 82 , 346 , 360
carbon emissions. See also carbon offsets ; corporate decarbonization
carbon reduction goals by specific corporations, 351–359
corporate carbon goals, 347–348 , 347f
d.light solar lanterns, 158
ESG metrics and, 87–88
gross emissions, 359–360
net-zero targets, 345 , 346–347 , 350 , 373 , 373f
projected pathway of, until 2050, 348–349 , 349f
reasons for corporate decarbonization pledges, 349–350
Scope 1 , 348
United Kingdom reporting mandate, 373
carbon offsets, 346
avoidance offsets, 362–363 , 364 , 365 , 366 , 367 , 369 , 374
BP and, 357 , 379n 49
costs, 350
differences in, 362
Google and, 351 , 362–363
Microsoft and, 358
origin and growth of, 364 , 365f
prices, 362 , 364–366 , 366f , 368
purchasing, 362 , 363–364
qualitative criteria, 366–368
REI purchasing, 353
removal offsets, 363 , 364f , 367 , 368–369 , 371
Unilever and, 355
United Airlines and, 355–356
Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), 355–356
Careem, 148
career impact bonds, 144–145
Cargill, Inc., 73n 3
Carlson, Rachel, 281 , 282–285
Carnegie, Andrew, 59 , 62 , 67
Carnegie Corporation of New York, 67
car seatbelts, 170–171
Case Foundation, 13
case studies
Chopra Foundation, 24–26
Hopebound, 16–19
Latin American Leadership Academy (LALA), 19–24
market-creating innovators, 152–160
cash, alleviating poverty by giving, 66
cash flow, for financial sustainability, 196
catalytic capital
defined, 164n22
deploying, 160–162
Catalytic Capital Consortium, 161
cause diagram, 237f
Cayley, George, 171
CDC Group, 145 , 161
CDP (Carbon Disclosure Project), 82 , 372
CDSB (Climate Disclosure Standards Board), 82
Ceniarth, 143 , 145
Center for Philanthropy and Civil Society (PACS), 59 , 210
Center for Research on Education Outcomes (CREDO), 193
Center for Social Innovation (CSI), 59 , 249
about, 209–210
guidance on creating a social venture from, 249
guide to developing a theory of change, 246
hiring decisions, 129–130
impact compass, 130 , 212–213
social innovation defined by, 212
Stanford Social Innovation Review , 210
student conversations, 210–211
theory of change online guide, 246
Center for Strategic and International Studies (CSIS) Commission on Strengthening America’s Health Security report, 297–298
Centers for Disease Control and Prevention (CDC), 323 , 330
CEPI (Coalition for Epidemic Preparedness Innovations), 302 , 312
Chan Zuckerberg Initiative (CZI), 57–58 , 152 , 159
charter schools, 193
Chen, Cindy, 245
child labor, 91–92 , 107n 62
Children’s Television Workshop, 67
China, 60 , 154
Chinese unicorns, 148
Chipotle, 284
Chivas Venture, 173
chlorhexidine, 176–177
Chlorhexidine Working Group, 176–177
Choiseul Africa Capital, 160
Chopra Foundation, 24–26
Chopra, Manu, 24–26
chunkable goals, 43–44
Civil Rights Act (1964), Title VII, 93
civil rights, Gen Y and Gen Z social entrepreneurs on, 13
Clavier, Bernadette, 6 , 115 , 116 , 189 , 209 , 210 , 246
clean energy, catalyzing new markets in, 153
climate change, 59 . See also carbon emissions
corporate carbon footprint reduction plans and, 348
decarbonization pledges and, 349–350
focus on scaling social innovation and, 180
giving while living philanthropy and, 63
J-PAL 2.0, 46
Climate Neutral, 354
climate neutrality, 359
Climeworks, 363
Clinton Health Access Initiative, 335
Coalition for Epidemic Preparedness Innovations (CEPI), 335
Cohen, Sir Ronald, 123
Co-Impact collaborative giving model, 180
collaboration, for vaccine development, 334–336 . See also cross-sector partnerships ; multisector partnerships
college degrees. See postsecondary education
Collins, Jim, 31 , 38 , 191
Colloredo-Mansfeld, Chesca, 258
Comello, Stephen, 3 , 7 , 345 , 346
CommCare, 172–173 , 304 , 309
commercial investments, 121 . See also commercial, non-market-validated investments ; subcommercial investing/investments
commercial, market-validated impact investments, 138 , 141–143
commercial, non-market-validated investments
about, 138 , 143–144
capital deployed from, 160
catalyzing new, high-impact markets, 137
in developed markets, 152–153
in emerging economies, 154–156
foundations making, 161
market innovators securing financing through, 150
Committee on Accounting Procedure (CAP), 94–95
common metric, 85
CommonPass, 305 , 308
Common Project, 305
Commonwealth of Massachusetts, 333
communication skills, of leaders for social change, 219–220
community college, 277–278 , 283 , 286 , 287 , 289
community empowerment, 130–133
competitive analysis, 239–241
Concourse Education, 290
constraints, design thinking and, 262
contact-tracing initiative, 333
contact-tracing software, 304
continuous improvement, nonprofit leadership and, 45–46
Cooper, Brad, 83
Cooper, Eleanor, 285 , 288
Cornell Tech, 63
corporate carbon footprint (CCF), 345 . See also carbon offsets ; corporate decarbonization
conceptual framework for determining, 359 , 360f
of Google, 351
gross emissions, 359–361
improving transparency and accountability of disclosures, 369–372
transparency and accountability of disclosures, 369–372 , 374
United Kingdom reporting mandate, 382n 89
corporate decarbonization. See also carbon offsets
corporate carbon goals, 347–348 , 347f
goals by specific corporations, 351–359
graph on reduction goals, 347–348 , 347f
hypothetical time-consistent emission trajectory, 370–371 , 370f
improving transparency and accountability of disclosures on, 369–372
measurement issues, 359–369 , 374
net-zero goals, 345 , 346–347 , 350
projected pathway, 348–349 , 349f
reasons for, 348 , 349–350
regulatory requirement, 369
transparency and accountability of CCF disclosures, 369–372 , 374
corporations. See corporate carbon footprint (CCF) ; corporate decarbonization ; for-profit companies ; individual names of companies
corruption, government, 21
cost structure, understanding of, 195–196
Cottee, Julian, 174
Cotton, Ann, 38
Coulson, Stuart, 3 , 6–7 , 15 , 253 , 254
counterfactual analysis, 4
Coursera, 288
COVAX-ACT accelerator, 335
Covid-19 Action Platform, 303 , 305
Covid-19 Community Tracing Collaborative (CTC), 333
Covid-19 pandemic
agility of the social innovation community during, 309
broad range of social innovations during, 301–306
challenges and disruptions during, 309–311
collaborative efforts during, 308 , 331–332
CommCare and, 172–173
deaths, 298 , 319
demonstrating interconnection between human and planetary forces, 322–323 , 337–338
digital health social innovations during, 299–301
economic impact, 324
“golden opportunity” with, 325
government response, 319–320 , 325 , 330–331
health-care systems’ response to, 323–324
influencing voting behaviors of eighteen to twenty-four year olds, 13
lessons learned from, 311–313
opportunities for social innovators, 298 , 321–322
poverty and, 60 , 231
racial/ethnic disparities and risks during, 324–325
ramifications and repercussions, 319–322 , 323
scaling social innovation and, 179 , 302 , 308–309
social inequities and, 324–325
stress levels of nonprofit leaders and, 47
volume and intensity of social innovation during, 306–308
Covid-19 vaccine, 179 , 302 , 329 , 334–335
COVID Response Alliance for Social Entrepreneurs, 307
CoWIN digital tool, 308 , 309
cross-sector partnerships, 181 , 327 , 334–336
CSI. See Center for Social Innovation (CSI)
CS + Social Good, 24
“The Current State of Sustainability Reporting” (D’Aquila), 82
Cycling without Age, 329
Dale, Harvey, 63
Dalio, Ray, 70
Damodaran, Aswath, 141
Dangote Foundation, 179
D’Aquila, Jill M., 82
data, audits and reliable internal, 98
data management, ESG reporting and, 96–97
Datar, Gayatri, 226–227
David and Lucile Packard Foundation, 58 , 126
Davis, Steve, 6 , 7 , 117 , 165 , 166 , 190 , 297 , 298
Defense Advanced Research Projects Agency (DARPA), 120
Defense Production Act (2020), 333
deforestation, 326
Deloitte, 83
Dengue virus, 326
Denning, Steve, 63
Department of Justice, 98
depression, 17–18
design abilities, Stanford d.school, 259–263 , 260f
Design for Extreme Affordability course (Stanford Graduate School of Business), 226 , 253–272
designing an intervention, 244–249
design thinking, 3 , 259–263 . See also human-centered model of social change
desirability, intersection with feasibility and viability, 268 , 269f
developed economies, market innovators catalyzing new markets in, 151–153
development finance institutions (DFIs), 145 , 159 , 160–161
digital divide, 23–24
digital health social innovations, 299–301
digital payment platform, 139 , 147–148
digital social innovations, during Covid-19 pandemic, 302–306
digital technology, 11 , 14 , 26–27 , 201
digital vaccine record, 305
Dimagi, 172–173 , 304 , 309
direct impact, 147–148
disability-adjusted life years (DALYs), 91
disciplined goal setting, by social sector leaders, 42–45
discrimination, 13 , 92–93 , 107n 66 , 131–132
disease and illnesses
animal-to-human transmission of, 322–323
mosquito-borne, 326
Nipah virus, 326
diversity. See also racial and ethnic groups/inequities
on board of trustees, 39–40
philanthropic community, 58–59
workforce, 39
d.light, 146 , 147 , 157–158
Dodd-Frank Act, 97
“The Doer and the Payer: A Simple Approach to Scale” (Starr and Hattendorf), 249
Doherty, Sean, 152
donations, 37 , 125 , 194 , 311 . See also philanthropy and philanthropists
donor advised funds (DAFs), 57 , 58
DoSomething.org, 13
Doubtnut app, 156
Downar, Benedikt, 372
Draper Richards Kaplan Foundation, 331–332
Drayton, Bill, 68–69
Duflo, Esther, 46 , 64
Duty Free Shoppers, 62–63
early-stage investing, 137–162
early-stage social innovations, 118 , 214 , 303 , 314
Early Years (Pratham), 245
earned income, social sector funding through, 37–38
earned revenue, 2 , 37 , 38 , 194–195
Earth Enable, 226–227
Earthshot Prize, 173
Eastside College Preparatory School, 240 , 247
eBay, 148 , 149
Ebola virus, 35
Echoing Green, 115 , 118 , 119t , 131–132
Econet, 308
economics of social innovation, Covid-19 and, 311
Edna McConnell Clark Foundation, 69 , 190
education. See also postsecondary education
Afghan Institute of Learning, 47–48
Alder Graduate School of Education, 188
Annual Status of Education Report (ASER), 38–39
Bridge Academies, 158
CAMFED, 38 , 45–46 , 237–238 , 238–239
career impact bonds, 144–145
digital, during Covid-19 pandemic, 300
Doubtnut app, India, 156
Eastside College Preparatory School, 240–241 , 247
Guild Education, 281–285
increasing access to higher, 276–277
KIPP Through College program, 202–203
NACA Inspired Schools Network, 200
National Equity Project (NEP), 187 , 202
NewSchools Venture Fund for, 197
One Laptop Per Child initiative, 175
Pathstream, 285–288
Pratham (India), 244–246
Rivet School, 288–292
Success Academy, 199
Units of Study, 193
effective altruism, 72
efficacy, 188
aligning operating models and, 191–192
definition, 189
increasing, 190–193
managing tensions between sustainability and scalability, 201–203
tensions and trade-offs with scalability and sustainability, 201–203
theory of change and, 190–191
well-integrated approach to measuring progress for, 192–193
Eisenhower Fellowship, 235
electronic stability control technology (ESC), 171
Elevar Equity, 143
ELMA Foundation, 70
emerging economies, catalyzing new markets in, 154–156
Emerson Collective, 58 , 152
Emission Trading Scheme (ETS), 369
empathetic approach
Chopra Foundation using, 24–26
Hopebound program using, 16–19
LALA using, 19–24
Silicon Valley Social Venture Fund (SV2) using, 27
used by next-generation social entrepreneurs, 12 , 14–16
empathy, 16 , 263
Employee Retirement Income Security Act of 1974 (ERISA), 4 , 127 , 128
Engine of Impact: Essentials of Strategic Leadership in the Nonprofit Sector (Starkey and Meehan), 31 , 32 , 33 , 40 , 41 , 240 , 247
entrepreneurial skills/mindsets, 221
environmental activism, 99
environmental and social (E&S) factors, 80–81
environmental impacts, 86–89 , 140 . See also carbon offsets ; corporate decarbonization
Environmental Protection Agency, 99 , 372
environmental, social, and governance (ESC) goals, scaling social innovation and, 182
environmental, social, and governance (ESC) metrics, 79–100
Equinor, 347f
equity, in Stanford’s d.school course, 266–267
ERISA. See Employee Retirement Income Security Act of 1974 (ERISA)
Ernst & Young, 83
ESG accounting firms, 98
ESG (environmental, social, and governance) constraints
external reporting infrastructure, 97–99
greenhouse gas emissions, 86–87
ESG (environmental, social, and governance) measurement and reporting
child labor, 91–92 , 107n 62
current challenges, 82
current status of, 82–83
discrimination and, 92–93 , 107n 66
efforts to improve standards for, 82–83
elements of a comprehensive system for, 84–85 , 103n 21
environmental versus social standards, 94
factors for reporting, 80–81
financial performance and, 121
financial reporting versus , 80
greenhouse gas emissions, 86–89
GRI disclosures, 89–90
impact investing and, 4
internal reporting infrastructure, 96–97
for occupational health and safety, 89–91
organizations concerned with, 86
retirement investing and, 127
standard-setting body for, 94–96
sustainability reporting agencies, 82–83
three factors of, 80–81
Estonia, 305
ethical behavior, in Stanford’s d.school course, 264–266
eugenics movement, 67
European Medicines Agency, 335
European Social Innovation Competition, 173
European Union Transaction Log, 372
evaluation, impact, 36–37 , 247–248
evidence-based practices, 64–66 , 69–70 , 71 , 216
experts/expertise, 20
external reporting infrastructure, 97–99
Extreme (Design for Extreme Affordability) course, Stanford University, 223 , 253–272
Facebook, 285 , 287 , 308 , 324
Fair Labor Association, 86
family planning, 50–51
farming. See agriculture
FASB. See Financial Accounting Standards Board (FASB)
feasibility, 268 , 269f , 271
Federal Housing Administration (FHA), 126
feedback, goal setting and, 43
feedback loops, human-centered, 15 , 16
Feeney, Chuck, 62–63 , 64
Fidelity Investments, 73n 3
financial accounting
reporting software, 97
Securities and Exchange Commission (SEC) and, 94
Financial Accounting Standards Board (FASB), 81 , 95 , 109n 77
financial reporting. See also ESG (environmental, social, and governance) measurement and reporting
ESG reporting and, 80 , 98
litigation risk and, 99
organizations, 94–95
regulatory enforcement, 98–99
financial sustainability, 188
explained, 189
managing tensions between efficacy and scalability, 201–203
organization’s legal structure and, 196–197
scaling and, 198
strong cash flow for, 196–197
understanding of cost structure for, 195–196
viable revenue model for, 193–195
Finite Carbon, 369
Fink, Larry, 350
five-forces model, 239
501c3 tax exemption, 125
Fleishman, Joel, 63 , 66–67
Flourish Ventures, 143 , 160
Floyd, George, 187
Food and Drug Administration (FDA), 335 , 336
Forbes 400, 56 , 73n 3
Ford car company, 171 , 323
Ford Foundation, 58 59 , 126 , 145 , 161
Ford, Henry, 59 , 62
for-profit business model, 115
for-profit companies. See also corporate decarbonization ; individual names of companies
Covid-19 response, 304 , 307–308 , 324
as drivers of social change, 1
future participation in a crisis, 336–337
government funding, 196
Guild Education working with, 284 , 285
Pathstream working with, 285
response to Covid-19 pandemic, 329–330
success with fundraising, 115–116
for-profit social entrepreneurs and ventures
challenges, 229
Echoing Green fellowship applications, 118 , 119t
fundraising by nonprofits versus , 115–116
fundraising experience, 116–119
investing behavior for funding, 123–124
private sources of funding, 119–123
success rate, 229
Fortune 1000 companies, 281
The Foundation: A Great American Secret; How Private Wealth Is Changing the World (Fleishman), 66
foundations. See also names of specific foundations ; philanthropy and philanthropists
archaic organizational model used by, 67–68
“giving while living” shift from, 61–64
investing in market innovators, 161
leading social change, 66–67
program-related investments (PRIs) and, 125–126
Founders’ Projects grants, 39
401(k) plans, 127
France, 126–127
Fresh Lifelines for Youth, 192
Friends of the Children, 39
frontier economies, catalyzing new markets in, 157–160
funding
of Bridge Academies, 159
changes in, 1–2 (See also subcommercial investing/investments )
of Doubtnut, 156
of Dr. Consulta, 156
fair allocation of funds, 130–131
government intervention and, 124–125
for Guild Education, 284
hybrid savings instruments, 126–128
of Mapan, 155
philosophies for social ventures, 119–123
for Pula Advisors, 160
savings instruments, 126–128
social sector leadership and, 37–38
sources, 1–2
theory of change and, 190
fund management, racial inequities and, 132–133
fundraising
donations from, 194
for-profit social ventures, 116–119
racial disparities, 131–132
by social ventures versus mainstream startups, 115–116
success with, 37
funds, fair allocation of, 130–131
FUTUPLAN, 22
GAAP. See Generally Accepted Accounting Principles (GAAP)
Galperin, Marcos, 148
Gandhi, Mahatma, 25
Gates, Bill, 49 , 55
Gates Foundation, 70 , 145 , 159 , 161 , 180 . See also Bill & Melinda Gates Foundation
Gates, Melinda French, 50–51 , 55 , 62
Gavi (vaccine alliance), 173 , 302 , 312 , 335
gender equality, 50–51
General Atlantic (GA), 63
Generally Accepted Accounting Principles (GAAP), 94 , 196
General Motors (GM), 323 , 333–334
Gen X’ers/Gen Y’ers/Gen Z’ers. See also next-generation social entrepreneurs
concern over social justice, 12–13
digital technology and, 14
Germany, 303 , 307 , 308 , 309
Getting beyond Better (Osberg and Martin), 243–244
GHG Protocol. See Greenhouse Gas (GHG) Protocol
Gilded Age, 59 , 62
Giridharada, Anand, 5 , 60
GiveDirectly (GD), 66 , 72
GiveWell.org, 66 , 71
“give while you live” approach, 61–64
Giving in the Light of Reason (Gunther), 71
Giving Pledge(rs). See also BillPhils (billionaire philanthropists)
about, 55–56
criticism of, 57
Forbes 400 and, 56 , 73n3
goal of, 61
perpetual foundations and, 62
sluggish start of, 56–59
tracking progress of, 57–58
wealth of signatories, 161–162
GlaxoSmith Kline (GSK), 171 , 176–177
Global Brain Health Institute, 63
global challenges, 59–60
Global Impact Investing Network (GIIN), 160 , 162
Global Partnerships, 145
Global Reporting Initiative (GRI). See GRI (Global Reporting Initiative)
goal setting, in social sector leadership, 42–45
Go-Jek, 155
Gokhale, Gopal Krishna, 25
Goldman, Paula, 140 , 150
Good to Great and the Social Sectors (Collins), 38
Good Ventures, 71 , 72
Goodwill Industries, 328
Google, 360
carbon offsets, 362–363 , 365
carbon reduction goals, 351–352 , 359 , 360
Covid-19 response, 324 , 330
Google-Apple partnership, 304 , 309 , 312
Google.org, 307
Gordon and Betty Moore Foundation, 58
governance, GHG emissions and, 88
government
Covid-19 vaccine and, 334–335
poverty addressed by, 66
response to Covid-19 pandemic, 125 , 319–320 , 325 , 330–331
role in societal structures, 124–125
scaling social innovation and, 178–179
Government Accountability Office study, 97
government corruption, 21
government funding, 1
government guarantees, 126
Grameen Foundation, 155
Grand Challenges, 173
Great Depression, 126 , 319 , 324
greenhouse gas emissions (GHGs), 86–89 , 104n 34 , 352 . See also carbon emissions
Greenhouse Gas (GHG) Protocol, 361 , 374 , 375n 4 , 381n 81
Greenhouse Gas Protocol Corporate Accounting and Reporting Standard, 87–88 , 105n 42
Greenleaf, Robert, 71
Green Revolution, 67
Green Trees, 362 , 367
GRI (Global Reporting Initiative), 82 , 86 , 90 , 92
disclosure 403-9 , 90
disclosure 405-1 , 93
standard 303 on Water and Effluents, 89
standard 403 on Occupational Health and Safety, 89–90
standard 406 on discrimination and diversity, 92–93
standard 408 on child labor, 91–92
Grit Digital Health, 329
gross emissions, 359–362 , 371
growth capital, 115 , 157
GSB Impact Fund, 210 , 212 , 218
GSK. See GlaxoSmithKline (GSK)
Guilbeau, Christina, 16–19
Guild Education, 281–285 , 292 , 293
Gunther, Marc, 71
Haas Center for Public Service, Stanford University, 266
Hamara Gaon model, 245–246
Hamel, Gary, 35
Handshake, 152
Hansmann, Henry, 62
Hanstad, Tim, 36 , 50
Harvard Business Review , 35
Harvard Business School, 44 , 83
Harvard Medical School, 333
Harvard-MIT Health Sciences and Technology programs, 172
Harvey, Hal, 246
Hassenfeld, Elie, 71
Hattendorf, Laura, 246 , 249
health and healthcare. See also Covid-19 pandemic ; disease and illnesses ; mental health
being prepared for a pandemic, 312–313
catalyzing new markets in, 151–152
chlorhexadine, 176–177
CommCare, 172–173
digital health social innovations during Covid-19, 299–301 , 302–311
Dr. Consulta, Brazil, 155–156
ESG reporting for occupational health and safety, 89–91
human and planetary, 325–326
malaria vaccine, 171–172
response to Covid-19 pandemic, 323–324
Ultra Rice, 177–178
HelloBetter, 303 , 309
Henry R. Kravis Prize in Nonprofit Leadership, 47 , 49
higher education. See also postsecondary education
increased graduation rates, 277
shift toward progressive liberal thinking in, 13
US enrollment, 2018, 278
high-impact markets, impact investing catalyzing, 137 , 138–139 . See also market-creating innovators/innovation
hiring practices, 129–130
Holley, Bruce, 198
home solar systems, 146 , 147
Honigsberg, Colleen, 3 , 6 , 79 , 80 , 121
Hopelab, 329
human-centered model of social change, 15–19 , 24 , 26 , 27 , 215 , 221 , 267 , 268
humility, 263 , 264 , 265
hybrid organizations, 118 , 119t , 249
hybrid savings instruments, 126–128
idea generation, in empathetic approach, 15
idea-oriented organizations, scaling and, 199f , 200
Ignia, 143
Ignite program, 197
IIRC (International Integrated Reporting Council), 82
Imaginable Futures, 143 , 152
impact. See also impact investors/investing/investments ; impact measurement ; impact triangle
definition, 212
impact investing and, 4
indirect, 22 , 149
of Landesa, 50
of market-creating innovators, 147–149
measured in long time spans, 49
pathways to, 248–249 , 248f
philosophies, 212
tension among dimensions of, 213–214
theory of change and, 2
impact advisory boards, 151–152
impact business model canvas (IBMC), 222 , 225
impact compass, 130 , 212–213
impact evaluation, 36–37 , 247–248 . See also impact measurement ; randomized controlled trials (RCTs)
impact-first investors/investments, 160 , 161
impact gaps canvas, 236–237 , 236f
impact investors/investing/investments, 1 . See also subcommercial investing/investments
Bridge Academies and, 159
commercial, non-market-validated investments and, 144
complementarity of segments, 150–151 , 151f
defined, 140
ESG constraints and, 4
failing to empower communities to help themselves, 131
for-profit business model and, 115
for for-profit social entrepreneurs, 118
for-profit social ventures, 120–122
foundation endowments and, 161
growth of, 139
impact skills/hiring and, 128–130
investing versus , 4
subcommercial, 125
subcommercial returns and, 118
tax breaks for, 125
three segments of, 137–138 , 140–147 , 141f
working with communities of color, 133
impact leaders. See leaders and leadership
Impact Management Project, 129
impact measurement
explained, 3
lack of clear and measurable, 174
need for systematic and reliable methods of, 5
scaling social innovation and, 182
social sector leadership and, 36–37
impact multiplier. See multiplier effect
impact potential score, 213
impact triangle
creating mutually reinforcing strategies in, 203
definitions, 189–190
efficacy, increasing, 190–193
evaluating trade-offs in the, 202–203
financial sustainability, increasing, 193–197
mitigating risks in the, 201–202
scalability, increasing, 197–201
tensions and trade-offs between efficacy, sustainability, and scalability, 201–203
“impact washing,” 5
Impact-Weighted Accounts Initiative (IWAI), 83
implementation of social innovation. See scalability/scaling social innovation
incarcerated women, Absorvidas program for, 22
incremental goals, 43
incubator programs, 328–329
India, 154
Bridge Academies in, 159
Chopra Foundation, 24–26
CommCare, 172 , 309
CoWIN digital tool in, 308
d.light and, 146 , 157–158
Doubtnut app, 156
growth of venture capital funding in, 154
per capita income, 154
Pratham, 36–37 , 38–39 , 244–246
Read India, 245
Ultra Rice and, 177 , 178
indirect carbon emissions, 371 , 374
indirect impact. See also market-creating innovators/innovation
Latin American Leadership Academy (LALA) and, 22
measuring, 147–148 , 149
Indonesia, 154–155 , 326
inequities, 324–325 . See also racial and ethnic groups/inequities
Innovations for Poverty Action, 247
Institutional Shareholder Services (ISS), 99
InStride, 285
Intel, 308
Intelehealth, 309
Intergovernmental Panel on Climate Change (IPCC), 348
internal reporting infrastructure, 96–97
International Federation of Accountants (IFAC), 83
International Finance Corporation (IFC), 145–146
international financial institutions (IFIs), 145 , 160–161
International Financial Reporting Standards (IFRS) Foundation, 83
International Labor Office (ILO), 92
International Sustainability Standards Board, 83
interpersonal skills, of leaders for social change, 217–218
interviews, 242
investments/investing. See also commercial, non-market-validated investments ; impact investors/investing/investments ; subcommercial investing/investments ; venture capital (VC) investments
behavior change, 123–124
impact investing versus , 4
qualifying social, 128–130
Jackley, Jessica, 14
Jobs, Laurene Powell, 60–61 , 63 , 161
John D. and Catherine T. MacArthur, 126
Johns Hopkins University
Covid-19 Dashboard, 312
“Thinking Fast in a Time of Crisis” initiative, 331
Johnson & Johnson, 176–177 , 336
Johnson, Todd, 222 , 249
Jorasch, Gina, 230
J-PAL, 36–37 , 41 , 46 , 64 , 66 , 245 , 246 , 247
J-PAL 2.0, 46
Just Giving: Why Philanthropy Is Failing Democracy and How It Can Do Better (Reich), 60 , 67
Juvenile Diabetes Research Foundation, 152–153
Kapor Capital, 133
Karnofsky, Holden, 71–72
Kascek Ventures, 148 , 156
Kaslow, David, 172
Kazeh, Hernan, 148
Kellogg, Will Keith, 67
Kenya, 139 , 141–142 , 147 , 148 , 158 , 304 , 326
Kepler University, 289
Kerala, India, 24
Khosla Ventures, 159
Kim, Helen, 240
King Climate Action Initiative, 46
King, Martin Luther Jr., 233
King Philanthropies, 32 , 34 , 36 , 37 , 38 , 39 , 41 , 46 , 50 , 159 , 230 , 237 , 241 , 246
KIPP schools, San Francisco Bay Area, 187–188 , 289
KIPP Through College program, 188 , 202–203
Kiva.org, 14
Klahr, Suzanne McKechnie, 194
Kleiner Perkins, 152
Kothari, Suruchi, 7 , 319 , 320
KPMG, 83
Kramer, Mark, 122
Kremer, Michael, 64
Kubzansky, Michael, 140
Kyoto Protocol, 364
Lagos, 159
Lake, Lucy, 38
LALA. See Latin American Leadership Academy (LALA)
LALA Bootcamp, 22
LALA Committee for Inclusion, 22
Lancet and Financial Times Commission on Governing Health Futures 2030, 313
Landesa, 36 , 50
land rights and reform, 49–50
landscape analysis, 238–239
land-to-the-tiller law, 50
Lane, Randall, 57
Last Mile Health (LMH), 34–36
Latin America, 21 , 143 , 148 , 154
Latin American Leadership Academy (LALA), 19–24
Latinx social entrepreneurs, 132
leaders and leadership
characteristics of, 215–216
communication skills of, 219–220
creating mutually reinforcing strategies in the impact triangle, 203
critical analysis, 216
entrepreneurial skills/mindsets of, 221
evaluating trade-offs in the impact triangle and, 202–203
interpersonal skills of, 217–218
King Philanthropies and, 32
management skills of, 225–227
mitigating risks in the impact triangle and, 201–202
persistence and resilience of, 220–221
personal qualities of social sector, 33 , 41–51
of philanthropic community, 58–59
self-awareness of, 216–217
situational awareness of, 218–219
skills, mindsets, and values for, 214–215
social inequalities and poor, 21–22
in social sector organizations, 31–32
strategic management by social sector, 37–41
strategic thinking by, 32 , 33–37
stress levels of, 46–47
systems thinking for, 221–223
lean management, 225–226
Leapfrog, 143–144
Learn Capital, 159
learning from others, in Stanford’s d.school course, 263–264
Lee, Gloria, 2 , 6 , 117 , 187 , 188 , 213 , 224 , 246
legal structure of organization, financial sustainability and, 196–197 , 249
legal structure of social enterprise, 115 , 222 , 226
LGT Impact Ventures, 144 , 156 , 157 , 159
Liberia, 34 , 35 , 49 , 159
licensure process, clinical psychology, 17 , 18
Li, Fei-Fei, 67
listening
design thinking approach and, 3
in empathetic approach, 15 , 27
Hopebound program using, 16 , 19
by Manu Chopra, 25 , 26
servant leadership and, 71
litigation risk, financial reporting and, 99
Lok Capital, 144
Lotus solar-powered irrigation pump, 271
lower-and-middle-income countries (LMICs), Covid-19 response and, 333
Lumina Foundation, 280
MacArthur Foundation, 145 , 161 , 180
major depressive episodes (MDEs), 18
malaria vaccine, 171–172
Maldita, 329
Malhotra, Neil, 1 , 2
malnutrition, 177
Mapan, 154–155
market-creating innovators/innovation
case studies, 152–160
catalytic capital for, 160–162
catalyzing new markets, 150–152
catalyzing new markets in developed economies, 151–153
catalyzing new markets through impact investments in, 150–162
in developed markets, 152–153
in emerging economies, 154–156
examples of, 138–139 , 148
impact of, 138–139 , 147–149
sources for investments in, 160–162
market-rate returns, 121 , 125 , 127
Martin, Roger, 243–244
Marwell, Evan, 243
Masha, Kola, 235–236
Massachusetts Institute of Technology Covid-19 Challenge, 331
massive open online courses (MOOCs), 288
Matrix China, 148
Matrix India, 148
McCarthy, Patrick, 179
McChrystal, Stanley, 69
McKinsey & Company, 20–21 , 191 , 348 , 349f , 365f
Medellí n, Colombia, 19
Meehan, William F., 6 , 31 , 32 , 33 , 40 , 55 , 56 , 120 , 189–190 , 230 , 240
Memet, Sevda, 7 , 319 , 320
mental health, 16–19 , 119 , 301 , 303 , 323–324
Mental Health America, 17–18
Mercado Libre, 148
Mercy Corps Social Venture Fund, 160
Mexico, 329
microfinance, 37 , 38 , 150
Microsoft
carbon emission goals, 357–359
carbon offsets, 367 , 368 , 369
Covid-19 response, 307–308
vaccine dissemination and, 330
Middle East, 148
Miers, Sarah, 248
Millennial Impact Project, 13
MiracleFeet brace, 200 , 258–259
mission creep, 35 , 41 , 68
mission drift, 142
mission-related investments (MRIs), 161
mission, social sector organization, 34–35
MIT Media Lab, 175
mobile payments, 139 , 147–148
Moderna vaccine, 335 , 336
“mom and pop” innovators, response to Covid-19 pandemic, 330–331
The Moment of Life: How Empowering Women Changes the World (Gates), 50
Money Well Spent: A Strategic Plan for Smart Philanthropy , 246
Moskovitz, Dustin, 71–72
mosquito-borne illnesses, 326
MPesa, 139 , 147–148
mRNA technology, 336
MSCI, 86
Mulago Foundation, 159 , 160
Mulgan, Geoff, 192
multiplier effect, 22–23 , 138 , 139 , 147 , 239
multisector partnerships, 174 , 177 , 181 , 302–303 , 306 . See also cross-sector partnerships
Mumbai, India, 36 , 244
Murimirwa, Angeline, 38
Myanmar, 178 , 241–242 , 271
NACA Inspired Schools Network, 200
Nairobi, 157 , 326
National Equity Project (NEP), 187 , 202
National Housing Act, 126
National Institutes of Health (NIH), 120 , 330 , 335
Nationally Determined Contributions (NDCs), 345
Natixis survey, 127
natural gas companies, pension/retirement accounts and, 127–128
nature-based carbon offsets, 362 , 363 , 364 , 364f , 367 , 369
Nature Conservancy, 362 , 367
NCX (carbon offset supplier), 362
NEA, 159
needs analysis, of target population, 241–242
Nepal, 176
Nesta Challenges, 173
Net Zero Ambition (BP), 356
NewSchools Venture Fund, 133 , 197
New York City Pension Fund, 350
next-generation social entrepreneurs
characteristics of, 11–16
Chopra Foundation (Manu Chopra) case study, 24–26
digital technology and, 14
empathetic approach by, 14–16
Hopebound (Christina Guilbeau) case study, 16–19
Latin American Leadership Academy (LALA) (Diego Ontaneda Benavides) case study, 19–24
Nigeria, 159 , 176 , 235–236
Nike, 86
90-10 funds, 127
Nipah virus, 326
Nobel Prize, 46 , 64–65
Nod (app), 329
nonfinancial impact/value, 142
nongovernmental organizations (NGOs), 37 , 65 , 175 , 177–178 , 234 , 258
nonprofit organizations, 1–2 . See also social sector organizations
Echoing Green fellowship applications, 119t
fundraising by for-profit social ventures versus , 115–116
government funding, 196
history of social innovation and, 1
incubator programs, Covid-19 response, 328–329
philanthropy funding, 120
response to Covid-19 pandemic, 328
survival of, 229
time spent on fundraising, 37
Notore Chemical Industries, 235
Novavax vaccine, 336
Novogratz, Jacqueline, 146
Obama, Barack, 277–278
Occidental, 347f
occupational health and safety, 89–91
oil and gas companies
carbon emissions and, 346–347 , 347f , 350
pension/retirement accounts and, 127–128
stakeholder capitalism and, 122–123
Okoloko, Onajite, 235
Omidyar Network, 58 , 129 , 138 , 145 , 154 , 155 , 156 , 158 , 159 , 160
Omidyar, Pierre, 161
One Acre Fund, 38 , 40–41
100&Change competition, 180
One Laptop Per Child initiative, 175
Ontaneda Benavides, Diego, 19–24
Open Philanthropy Project (OPP), 71–72
operating models, 191–192
Operation Warp Speed (OWS), 335–336
organizational structure, 68 , 115 , 248–249
Osberg, Sally, 243–244
OSHA (Occupational Safety and Health Administration), 90
Oster, Sharon, 239 , 240f
Oster’s six forces model, 35 , 239 , 240 , 240f
Osterwalder, Alexander, 225 , 272
outcomes, theory of change and, 2
outputs, theory of change and, 2
Oxy Low Carbon Ventures, 356
Packard Foundation, 58 , 126
PACS. See Center for Philanthropy and Civil Society (PACS)
Palo Alto, California, 240
pandemics, being prepared for a, 312–313
Panjabi, Raj, 34–35
Papi-Thornton, Daniela, 236f
“parachute research”/“parachute design,” 265
Paris agreement (2015), 345
partnerships, 119 , 200 . See also cross-sector partnerships ; multisector partnerships
Partners in Health (PIH), 332–333 , 335
passion, finding and pursuing your, 232
Patamar, 155
PATH, 200
Pathstream, 285–288 , 292–293
peer-to-peer loans, 14
pension funds, 126–127
perpetual foundations, 61–64
perseverance, nonprofit leaders demonstrating, 49–51
persistence, of social change leaders, 220–221
Peters, Tom, 191
Pfizer vaccine, 336
philanthropy and philanthropists. See also BillPhils (billionaire philanthropists) ; foundations
alternatives to, 1–2
changing geography/culture of, 58–59
failing to empower communities to help themselves, 131
financial sustainability and donations from, 194
for-profit social ventures, 120
“give while you live” approach, 61–64
the Giving Pledge, 55–56
investing in high-impact ventures, 161–162
market innovation and, 161–162
prioritizing shorter-term and less risky opportunities, 174
social sector funding and, 38
social venture development and, 119
US donations, 2020, 118
physical product solutions, 269–271 , 271f
Pigneur, Yves, 225
pilot projects, 179–180
“planet” and “people” (E&S factors), 80–81
planetary health, 322–323 , 325–326
PlayPump International, 234–235
“plutography,” 70
Polman, Paul, 123
Ponseti Method, 258
Porras, Jerry, 191
Porter, Michael, 122 , 239
Porter Novelli/Cone Gen Z Purpose Study (2019), 14
Porter’s five-forces model, 239
postsecondary education
affordability and, 279 , 280 , 281–285 , 292
attainment in, 278 , 280 , 288–292 , 293
courses and programs in on areas for social impact, 59
efforts to increase attainment in, 279–280 , 281–292
increasing enrollment in, 277–278
relevance and, 280–281 , 285–288 , 292–293
“typical” college student in, 279
poverty
Abdul Latif Jameel Poverty Action Lab (J-PAL) and, 64–65
BRAC and, 37 , 44 , 195
Chopra Foundation helping to defeat, 24–26
Covid-19 pandemic and, 60 , 231
GiveDirectly (GD) and, 66
giving cash to reduce, 65–66 , 72
goal setting and, 42 , 44
predictions on, 231
power purchasing agreement (PPA), 365
Prahalad, C. K., 35
Pratham, 36–37 , 38–39 , 244–246
PricewaterhouseCoopers, 83
“Priming the Pump,” 150
Principles of Ethical and Effective Service , Haas Center for Public Service, 266
private litigation, financial reporting and, 99
private market impact investments, segmenting, 140–147
private sector. See also for-profit companies
as essential scaling social innovation, 175–176
operating model and, 191
response to Covid-19 pandemic, 329–330
scaling innovation and, 175
social sector versus , 192
private standard setters for financial reporting, 94–95
problem analysis, 236–238
product-development model, 302 , 305
Product Realization Laboratory (PRL), 268–269
products, scalability and, 199f , 200
“program officer” model, 67–68
program-related investments (PRIs), 120 , 125–126 , 145 , 161 , 197
Project Vesta, 363
Prosterman, Roy, 49–50
Proximity Designs, 241–242 , 271
proxy advisors, 99
PT Ruma, 155
public charities, budget of, 229
public sector, scaling social innovation and, 178–179 . See also government
Pula Advisors, 159–160
Purdue Global University, 282
Puro.Earth, 363
Puttick, Ruth, 192
quality-adjusted life years (QALYs), 85 , 91
racial and ethnic groups/inequities
Covid-19 pandemic and, 311 , 324–325
social entrepreneurs of color and, 131–133
social sector board members and, 39–40
racial discrimination, Gen Y and Gen Z social entrepreneurs on, 13
randomized controlled trials (RCTs), 3 , 36–37 , 65 , 66 , 192 , 245 , 246
randomized evaluations, 247–248
Rath, Tom, 232
ratings services, 80 , 86 , 101n 4 , 101n 5
RCT. See randomized controlled trials (RCTs)
Reach Capital, 133 , 152 , 200
Read India (Pratham), 245
regulatory guidance and enforcement
carbon emission, 350 , 369 , 372
on corporate-sponsored pension funds (France), 126–127
of financial reporting, 98–99
program-related investments (PRIs) and, 126
scaling Ultra Rice and, 177–178
REI (Recreational Equipment, Inc.), 353–354 , 373
Reichelstein, Julia, 3 , 7 , 345 , 346
Reichelstein, Stefan, 3 , 7 , 345 , 346
Reich, Rob, 56–57 , 60–61 , 67
removal offsets, 362 , 363 , 364 , 367 , 368–369 , 371
reporting, environmental, social, and governance (ESG). See ESG (environmental, social, and governance) measurement and reporting
Repsol, 347 , 347f
research-based approach to social change, 14–15
research, on social problem/intervention, 235–236 , 240–242
resilience, of social change leaders, 220–221
resource magnetism, 225
retirement savings, 127–128
Returns Continuum, 140 , 141f
revenue model, financially sustainable, 193–195
revenue sources. See funding ; philanthropy and philanthropists
risk-adjusted returns, 4 , 118 , 125 , 140 , 141 , 142 , 143 , 145 , 160
with commercial, non-market-validated investments, 143
risk capital, 61 , 66
risk premiums, 141–142
risk-return impact, 123
Rivet School, 288–292 , 293
Robert Wood Johnson Foundation, 67 , 328
Rockefeller Foundation, 67 , 180
Rockefeller, John D., 59 , 62 , 67
Rocky Mountain Institute, 361
Rocky Mountain Laboratory (NIH), 335
Roob, Nancy, 69
Roosevelt, Franklin D., 126
Rosenwald, Julius, 62
Rubicon Bakery, 195
Rusheen Capital Management, 356
Rwanda, 226 , 227 , 289
SA8000, 86 , 89 , 91
Saab car company, 171
Sage, Russell, 62 , 67
Salesforce, 285
Saltuk, Yasemin, 140
Salvation Army, 328
Sanofi-GlaxoSmithKline vaccine, 336
SASB (Sustainability Accounting Standards Board), 82–83
savings instruments, 126–128
scalability/scaling social innovation, 188
car seatbelts, 170–171
challenges, 169–174
chlorhexadine, 176–177
CommCare, 172–173
configuring operations for, 198–201 , 199f
considering approaches to, 198
Covid-19 and, 179 , 302 , 308–309
definition, 190
determining readiness to scale and, 197–198
electronic stability control technology (ESC), 171
focus on, 179–180
increasing, 197–201
international competitions, accelerators, and incubators, 173–174
key lessons for, 180–183
keys to successful, 174–179
malaria vaccine, 171–172
managing tensions between sustainability and efficacy, 201–203
overview, 165–168
private sector as essential for, 175–176
public sector’s role in, 178–179
scaling commercial innovations versus , 167 , 173
Ultra Rice, 177–178
vaccine vial monitors (VVMs), 170
Scalia, Eugene, 4
Science-Based Targets, 346
Scope 1 emissions, 87 , 94 , 346 , 350 , 351 , 356 , 358 , 372 , 375n 4
Scope 2 emissions, 87 , 94 , 346 , 350 , 351 , 356 , 358 , 359 , 371 , 375n 4
Scope 3 emissions, 87 , 351 , 356 , 358 , 360 , 361 , 371 , 374 , 375n 4
Scott, MacKenzie, 70 , 71
SEC. See Securities and Exchange Commission (SEC)
Securities Act of 1933, 94
Securities and Exchange Commission (SEC), 94 , 98–99 , 108n 71
Securities Exchange Act of 1934, 94
seed-stage for-profit organization, 118
seed-stage subcommercial for-profit social ventures, 120
self-awareness, of leaders of social change, 216–217
self-referential goals, 43
Senegal, 304
Serafeim, George, 121
servant-leader, 71
servant philanthropy, 70–72
services, scalability and, 199f , 199n , 200
7S Framework, 191
Shao, Yibo, 148
Silicon Valley, 132 , 179 , 331
Silicon Valley Social Venture Fund (SV2), 27
Singer, Peter, 72
Singer, Sara, 7 , 319 , 320
single-year grants, 68
situational awareness, of leaders for social change, 218–219
six-forces model, 35 , 239 , 240f
Skoll Center for Social Entrepreneurship, 174
Skoll Foundation, 180
Smith, Ben, 83
social change. See also human-centered model of social change ; social enterprises ; social innovation/innovators ; social sector organizations
foundations leading, 66–67
Latin American organization building leaders for, 19–24
leadership for. See leaders and leadership
top-down, paternalistic approach to, 14–15
social enterprise movement, 118 , 122
social enterprises. See also social entrepreneurs ; social innovation/innovators ; social sector organizations
efficient capital allocation for, 128–130
fair allocation of funds, 130–131
hybrid savings instruments for, 126–128
scaling an innovation and, 180
social entrepreneurs. See also for-profit social entrepreneurs and ventures ; next-generation social entrepreneurs
characteristics of next-generation, 11–16
of color, 131–132
Covid-19 pandemic impacting role of (response to Covid-19), 321–322
fair allocation of funds, 130–131
for-profit business model used by, 115
impact investing versus investing, 4
teaching materials for, 221 , 222
Social Finance, 144
social impact. See impact
social innovation during Covid-19 pandemic, 321–322
breadth of sources, 336–337
broad range of, 301–306
categories of social innovators, 327–328
collaboration among partners and across for, 308
by established nonprofit organizations, 328
examples of, 332–334
by for-profit organizations, 329–330
by General Motors (GM), 333–334
by incubator programs, 328–329
lessons learned and, 311–313
by “mom and pop” innovators, 330–331
by Partners in Health (PIH), 332–333
scaling and, 308–309
volume and intensity of, 306–308
social innovation education. See also Stanford Graduate School of Business (GSB)
free teaching modules for, 222
impact-focused business model for, 224–225
shared language and, 212–214
understanding of values, mindset, and skills of social change leaders, 214–215
user-centric design principles, 223
social innovation/innovators. See also social change ; social entrepreneurs ; social ventures
about, 1
agility of the social innovation community for, 309
Covid-19 pandemic providing opportunities for, 298
definition, 212
designing an intervention, 244–249
disease/pandemic outbreaks and, 297–298 , 312–313
diversity of organizational forms for, 1
funding. See funding
generated during Covid-19 pandemic, 300–313
having a deep understanding of the social problem for, 233–244
identifying a social issue for, 231–233
process of, 169–170 , 169f
questions and challenges related to, 3–4
roadmap for, 229–250
scaling. See scalability/scaling social innovation
three key concepts of, 2–3
social issue(s)/problem(s)
competitive analysis of, 239–240
current United States, 59–60
generating ideas for potential solution to, 244–246
having a comprehensive understanding of, 233–244
identifying a, 231–233
landscape analysis of, 239–241
problem analysis of, 236–238 , 236f , 237f
researching, 235–236
social entrepreneurs addressing, 119
social sector organizations addressing, 189
systems change analysis of, 243–244
target population analysis of, 241–242
social justice
case studies, 16–26
next-generation social entrepreneur’s commitment to, 11 , 12–13
social sector leadership. See leaders and leadership
social sector organizations. See also nonprofit organizations ; social enterprises
difficulties and challenges with leading, 31
funding, 36–38
increasing efficacy in, 190–193
increasing financial sustainability in, 193–197
increasing scalability in, 197–201
measuring their progress, 192–193
personal qualities of leaders of, 33 , 41–51
scaling innovation and, 174
skill sets of leaders in, 32
social ills addressed by. See social issue(s)/problem(s)
strategic thinking by leaders of, 33–37
stress levels in, 46–47
theory of change of, 190–191
Social Security Administration, 247
social ventures. See also social innovation/innovators ; subcommercial for-profit social ventures
fundraising, 115–116
government intervention, 124
guidance for, 248–249
hybrid savings instruments for, 126–127
reasons for failure of, 174–175
socioeconomic disparities, 59
software
CommCare, 172–173 , 304 , 309
contact tracing, 304
ESG reporting, 97
financial reporting, 96 , 97
Sorensen, Terri, 39–40
Soros Economic Development Fund, 144 , 145
Soros, George, 161
Soule, Sarah, 221 , 222 , 249
South Africa, 21 , 63 , 154 , 157
South Asia, 159–160 , 308
Southern New Hampshire University, 282 , 289 , 291
space saturation, taming ambiguity with, 261
Spain, 329
specific goals, 43
Spero Ventures, 151
Srougi, Thomaz, 156
stakeholder capitalism, 119 , 122–123
Stanford d.school, 223 , 253–272
Stanford Graduate School of Business (GSB), 32 . See also Center for Social Innovation (CSI) ; next-generation social entrepreneurs
development of leadership competencies, 215–227
fundraising by social entrepreneurs, 115
herd mentality, 209
social innovation conversation among, 210–211
Social Innovation Practicum: Designing Interventions and Social Ventures for Outsized Impact course, 230
Stanford, Jane, 253 , 268
Stanford Rebuild, 330
Stanford Service Corps (SSC), 264
Stanford Social Innovation Fellowship, 18
Stanford Social Innovation Review (SSIR), 59 , 191 , 210 , 248
Stanford University
enter for Philanthropy and Civil Society (PACS), 59
Haas Center for Public Service, 266
Product Realization Laboratory (PRL), 268–269
“Student Shop,” 268
Starbucks, 330
Starkey, Kim, 6 , 31 , 32 , 229 , 230
Starr, Kevin, 66 , 248 , 249
“Statement of Intent to Work Together Toward Comprehensive Reporting Requirements” (SASB), 83
Stich, Brittany, 282–284
strategic management, by social sector leaders, 32 , 37–41
strategic thinking, by social sector leaders, 32 , 33–37
strategy, of social sector organizations, 35–36
stress muscle, of nonprofit leaders, 46–49
Stripe, 363–364 , 367 , 368–369
Student Blueprint, 283 , 284
subcommercial for-profit social ventures, 119
government intervention, 124–125
subsidies, 124 , 125 , 144–145
subcommercial investing/investments, 123 , 125 . See also market-creating innovators/innovation
about, 138
additionality, 145–147
capital deployed from, 160
catalyzing new, high-impact market, 137
criticisms of, 146
in developed markets, 152–153
in emerging economies, 154–156
expected financial returns, 144–145
foundations making, 161
government guarantees and, 126
investing behavior and, 123–124
subsidies and, 124 , 125
tax breaks for, 125–126
subcommercial returns, 118
subsidies, 124 , 125 , 144–145 , 146
Success Academy, 199
Summer Immersion Management Fund, 210
sustainability (environmental), 326
sustainability, financial. See financial sustainability
sustainability reporting agencies, 82–83
“sustainable,” 79 , 101n 1
Sustainable Living Plan (USLP), 354
symbiotic relationship, in Hopebound program, 16–17
systems change analysis, 243–244
systems thinking, 221–223
Szekasy, Nicholas, 148
Tableau, 285
talent, in social sector organizations, 38–39
talent management, 225
talent models, in social sector organizations, 38–40
Target Neutral, 357
target population analysis, 241–242
Task Force on Climate-Related Financial Disclosure (TCFD), 88 , 105n 44
Taskforce on Scaling Voluntary Carbon Markets (TSVCM), 366 , 369
Tata Social Enterprise Challenge, 173–174 , 308
tax breaks, 125–126
tax code, 124 , 125
Taylor, Jim, 241
Teaching at the Right Level (TaRL), 245
team-of-teams model, 40 , 67–70
Teams of Teams: New Rules of Engagement for a Complex World (McChrystal), 69
Tech4Covid, 305–306
technology. See also digital technology
carbon offsets and, 363
digital health social innovations during Covid-19, 299–301
focus on scaling social innovation and, 180
internal reporting systems and, 97
Latin American Leadership Academy (LALA) using, 23–24
mental health program using, 16–17
mobile, 139 , 147–148
of PlayPump International, 234
technology-based carbon offsets, 362–363 , 365 , 367
TED Conferences (Technology, Entertainment, Design), 70 , 180
telemedicine, 301
Tencent, 155 , 156 , 304 , 308 , 312
Tesla, 323
Teyit, 329
theory of change, 3
crafting a, 190–191
developing a, 246–248
explained, 2 , 190
impact model and, 224
“third era of organizations,” 68
Tides Foundation, 174
tithing, 194
TLcom Capital, 160
tools, scalability and, 199f , 200
Toyota, 361
Transform Health Coalition, 313
Transparency International, 21
transparency of CCF disclosures, 369–372
Trinity Challenge, 173 , 313
Trinity College Dublin, 63
tripod treadle irrigation pump, 270–271 , 271f
Trump administration, 325 , 333
tuition reimbursement, 283
Tuna, Cari, 71–72
Turkey, 329
twin “valleys of death.” See “valleys of death,” in social innovation process
Type 1 Diabetes Fund, 152
Ultra Rice, 177–178 , 183
“unicorns,” 129 , 148
Unilever, 354–355 , 360 , 361
United Airlines, Inc., 355–356 , 363–364 , 369
United Kingdom
carbon emission disclosures, 372 , 374
CDC Group, 145 , 161
Covid-19 response, 323
government, 124
MPesa and, 147
United Nations
agency for aviation, 355
collaboration by, 308
Department for International Development (DFID), 147
Digital Compact, 313
Digital Roadmap, 312
Intergovernmental Panel on Climate Change (IPCC), 348
Sustainable Development Goals, 168
World Food Program, 178
United States, current challenges in, 59–60
United Way, 328
Units of Study, 193
Unity (company), 285
universal basic income, 24 , 66
University of California San Francisco, 63 , 331
University of Oxford, 334–335
UN Sustainable Development Goals (SDGs), 180
Uplink COVID-19 Challenge Cohort, 303
Urban Institute study, 56
Urstein, Rob, 7 , 202 , 277 , 278
USAID (United States Agency for International Development), 49–50 , 234
US Department of Health and Human Services, 330
US Internal Revenue Code, 125
US Public Health Accompaniment Unit, 333
US tax code, 124 , 125
vaccine alliance (Gavi), 173 , 302 , 312 , 335
vaccine, Covid-19, 179 , 302 , 329 , 334–335
vaccine vial monitors (VVMs), 170 , 200
validity, E&S factors and, 84
“valleys of death,” in social innovation process, 169f , 170 , 171 , 172
value chain model, 168 , 170 , 182 , 302 , 305
value of a statistical life (VSL), 91 , 106n 58
Ventec Life Systems, 333
venture capital, 1
venture capital (VC) investments
Bridge Academies and, 159
in developed markets, 151–152
in emerging economies, 154
Guild Education and, 284
venture capitalists, social ventures versus , 117
Verified Carbon Standard, 366
viability, 268 , 269f , 271 , 272
virtual therapy sessions, 18
vocational training, 277–278
voluntary carbon markets, 363 , 366 , 367 , 369
voluntary carbon offsets, 363 , 366f
volunteers, 39
Walker, Darren, 58–59
Waterman, Robert H., 191
WeChat, 304
Wellcome Trust, 179
#WeVsVirus online hackathon, 307 , 308
WhatsApp, 156
William and Flora Hewlett Foundation, 58
willingness to pay (WTP), 91 , 107n 59
Winners Take All: The Elite Charade of Changing the World (Giridharada), 5 , 60
Wolfe, Tom, 70
Women’s World Banking, 160
Woods, Wendy, 198
workers’ compensation programs, 90–91
workforce
diversity in, 39–40
team-of-teams model, 40–41
workplace injuries and deaths, 90–91
workplace safety, 89–91
World Bank
Development Marketplace Award, 234
global poverty prediction, 231
International Finance Corporation (IFC), 145–146
World Economic Forum (WEF)
Covid-19 Action Platform, 303 , 305
“Measuring Stakeholder Capitalism” report, 83
World Health Organization (WHO), 311
chlorhexidine and, 176
Covid-19 Digital Clearinghouse, 305–306 , 308
Covid-19 vaccine and, 334
Digital Health Technical Advisory Group, 300
digital vaccine record and, 305
“Public Statement for Collaboration on COVID-19 Vaccine Development,” 334
vaccine vial monitors (VVMs) and, 170
Worldwide Responsible Accredited Production (WRAP), 86
Zaidi, Anita, 50 , 51
Zika virus, 326
Zoom, 23 , 300
zoonotic viruses, 322 , 323
Zuckerberg, Mark, 161 . See also Chan Zuckerberg Initiative (CZI)
..................Content has been hidden....................
You can't read the all page of ebook, please click
here login for view all page.