Category: arizona republic

Philanthropy’s global footprint creates new opportunities

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An American concept is growing rapidly in different parts of the world, innovating itself and finding new meaning in new markets. The art and science of philanthropy is now growing faster in regions outside the United States.  According to Penelope Cagney, international fundraising consultant and president of  The Cagney Company, a few trends that are shaping global philanthropy include:

  1. An affluent middle class in emerging markets is now greatly involved in philanthropic giving.  According to monthly giving data tracked by the Big Mac Philanthropy Index, the top three countries engaged in giving the most were Singapore, Hong Kong and India. The Charities Aid Foundation (CAF) World Giving Index 2012 now ranks Australia as the #1 country in giving, including both monetary gifts and volunteer hours.
  2. The surge in philanthropy in foreign markets is creating a new wave of innovation in method and practice.  A newly published book on Indian philanthropy “Revealing Indian Philanthropy,”  describes how the new Indian rich are taking sophisticated approaches to giving. Planned giving is hot in Japan, Chile raises more than 10% of it’s donations through door to door giving and direct mail is doing well in Australia. Microfinance and telefacing(telephone call and face to face meeting) are widely used in India, while social impact bonds in the UK and fair trade networks in Africa are enriching philanthropic practice in foreign markets.
  3. Alongside, huge NGOs are growing in emerging markets and some like the Bangladesh Rehabilitation Assistance Committee (BRAC) are more creative than counterparts in Western societies.

As the world adapts to more advanced fundraising  here are a few things to watch for:

  1. India’s Companies Bill of 2011 expected to be passed later this year will make India the first country  in the world to introduce a 2% Corporate Social Responsibility (CSR) policy. A major proposal seeks to have businesses spend 2 percent of their net profits in CSR initiatives. This will have a profound impact on corporate giving and will also affect the bottom line of multinational companies doing business in India.
  2. More and more emerging markets are now collecting data on philanthropy.
  3. A formal culture of philanthropy is yet to evolve, but giving is taking different forms and shapes in outside countries. These innovations could enrich the practice of philanthropy.
  4. Tactics like the “Giving Pledge” might work in Western markets, but in emerging markets, the super rich may not easily part with their wealth. They will seek newer ways of parting with their wealth.

As newer markets expand their philanthropic initiatives, thought leaders like Cagney have provided their perspectives in books like Global Fundraising: How the World is Changing the Rules of Fundraising. Overall, there is no better time for philanthropy to emerge as an important topic of discussion in international markets.

 

Why do Women Stay Away from STEM Careers? Poor Storytelling

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As America struggles to find talent in technical careers, we’ve done a poor job of telling stories on why more women should take up science, technology, engineering and math (STEM) careers.  At a recent panel discussion on the role of women in STEM careers, women said they felt a sense of isolation that grew from being underrepresented in technical careers.

STEM careers offered less social acceptance as they grew up. One panel member said that she had to purposely fail a math course to find acceptance in her social circles that had a distaste towards STEM careers. Another felt she always struggled to have a sense of acceptance among her peers.

Women are leading the jobs sector in multiple areas. But STEM fields are male dominated and less diverse. Why should a girl interested in robotics at high school face social stigma if she wants to become an engineer? Here are a few ways we can make systemic change:

  • Ask a professor in engineering to link dry equations and mechanical stuff to how  they really change the world.
  • Make simple changes in curriculum so that every science course adds a “make a difference” component. Value story telling.
  • Fathers have an important role in nurturing young girls to enter STEM careers.
  • Provide middle school students with diverse role models in STEM careers. Make sure that they are fun to relate to.
  • Add mentoring and value-added internships at the high school level. Give this opportunity to students from all public schools, not just students from prep schools and élite private schools.
  • Make sure that teachers teach science and math with passion. Unfortunately, our education system enjoys lengthy “common core standards.”  This drains teachers’ time in adapting to standards. Make sure that bureaucratic standards do not take away the joy and passion of learning math and science.