Thought Leaders Share Their Approaches to Effect Change

Center forDESIGNED PHILANTHROPY

Vol. 1 No. 1 • Jul. 2012

DESIGN & IMPACT

NEWS

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At the Center for Designed Philanthropy, we believe the more informed and educated donors are, the more effective they will be. That’s why we host dynamic thought leaders who espouse fresh views on important trends in society, ultimately sparking new ways of thinking about effective philanthropy.

To that end, our most recent educational events explored the importance of human capital and creativity in transforming our community with Professor Richard Florida from the University of Toronto’s Rotman School of Management, and how business models are being utilized by nonprofits to effect sustainable change, with Professor Adlai Wertman, from USC’s Marshall School of Business.

While both were very enlightening presentations, the challenge becomes taking these insights—or any new concepts or ideas—and determining how to utilize them. That’s precisely where the Center comes in. It helps people refine their thinking and translate the big ideas into action. Whether you wish to engage your children and grandchildren in your giving, explore innovative funding opportunities or refine your family’s funding priorities, the Center invites you to join us in conversation to take your giving to the next level.

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‘‘ ’’The Role of Human Creativity in Transforming Our CommunityPeriods of financial crisis tend to be “the largest, broadest and most fundamental opportunities for innovation and renewal,” explained our featured speaker Richard Florida, author of The Great Reset. His years of study as a scientist and working with some of the world’s most respected educational leaders led him to the conclusion that a thriving, creative economy needs diverse, open-minded communities that mix the urban and natural worlds to foster that creativity. Some additional elements of his theory include:

-“Great resets” are opportunities for transformation- The combining and re-combining of ideas creates innovation - Creativity (the innovation behind industry) drives economics - Every human being is creative- Effective philanthropy harnesses and nurtures human creativity

To view videos from the event, please visit www.jewishfoundationla.org/videos-and-resources

(L to R) Amelia Xann, VP, Center for Designed Philanthropy;

Foundation Donors/Event Hosts (and Foundation Trustee) Lisa & Joshua Greer; Rana Florida & Featured Speaker

Richard Florida; Lorin M. Fife, Foundation Chair; Marvin I. Schotland, Foundation President & CEO;

Dan Rothblatt, Foundation Senior VP, Philanthropic Services.

HERE’S WHAT

PEOPLE ARE SAYING

The presentation was another wonderful opportunity offered by The Foundation. I gained an even greater appreciation

for the creative spirit that is unique to Los Angeles and essential for the continued growth of the city’s diverse

institutions and industries.‘‘’’- David Abel

Chairman and Managing Director, VerdeXchange

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Today’s tech and creative industries are growing more rapidly than ever. Understanding how to harness the capabilities of these industries

to better our community is not just a good idea — it’s our future.‘‘ ’’- Steve Soboroff Civic Leader

Adapting Business Models to Effect Sustainable Organizations

Adlai Wertman, professor of Clinical Management and Organization at USC’s Marshall School of Business, engaged our audience in a discussion at the Beverly Hills home of Judi and Roy Kaufman about new hybrid organizations. Such organizations are run by ‘social entrepreneurs’ who, instead of maximizing monetary returns like traditional for-profit companies, aim to maximize a “social return on investment,” said Wertman. Nonprofits such as Chrysalis (Wertman is a former president and CEO) and nonprofit programs such as Beit T’Shuvah’s BTS Communications (a 2011 Foundation Cutting Edge Grant recipient), were cited as examples.

Wertman encouraged the audience to use this new business model when thinking about how to address social issues. “Bring your whole self—your education, your business and life experiences—in creative, new ways to address the problems you wish to solve,” he said.

To view a video from the event, please visit www.jewishfoundationla.org/videos-and-resources

(L to R) Cheston Mizel, Attorney and Founder/Chairman of JConnectLA;

Marvin I. Schotland, Foundation President & CEO; Jonathan Greenblatt, Former Foundation Trustee and Special Assistant

to the President and Director of the White House’s Office of Social Innovation and Civic Participation of the Domestic Policy Council;

Larry Rauch, Foundation Trustee and Treasurer.

Adlai Wertman, Foundation Trustee

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1. Ronald Stein and Dick Volpert

2. Johanna Blakley and Peter Binkow

3. Karen Sandler, Leah Bishop, Melanie Bialis and Rebecca Sterling

4. Selwyn Gerber and Abby Feinman

5. Beverly Gruber, Les and Lynn Bider

6. Ray Zolekhian and Karen Eliasof

7. Cece and Bill Feiler

8. Sandy Pressman, Ken Weiss and Cathy Siegel Weiss

9. Celine Bundy-Kahn and Robert Kahn

10. Joshua and Lisa Greer, Lorin Fife

11. Rhea Coskey and Deedy Oberman

12. Ken Ruby and Blake Fogel

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QUESTION:How can I involve the

younger generations of my family in giving?

ANSWER:The Center can help you design a customized plan for engaging your children and grandchildren in the process of grantmaking, which may include participation in family meetings, researching funding opportunities and conducting site visits to nonprofit organizations of interest.

QA&If you have a question for the Center, please email us at

thecenter@jewishfoundationla.org.

MEET THE CENTER TEAMThe Center for Designed Philanthropy’s professional team is here to help you navigate the philanthropic landscape for maximum fulfillment and impact.

Our expert staff can answer your questions about creating a lasting legacy, identifying quality funding opportunities and much more.

Please contact us with your questions at (323) 761-8705 or thecenter@jewishfoundationla.org. For more information, visit www.jewishfoundationla.org/center.

“Ensuring sustainability and the long-term vitality of our community are at the very core of our work at the Center and The Foundation. It’s clear that staying on top of emerging trends in society and engaging with thought leaders is integral to our work in philanthropy. We hope to see you at our upcoming events where we’ll continue to delve into critical issues that affect us and our world. The Center’s clients are similarly interested in supporting innovation and the change they wish to see in the world. It’s so exciting to share and help shape that vision through our customized approach of designed philanthropy.”

–Amelia Xann Vice President, Center for Designed Philanthropy

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A. Amelia Xann...................Vice PresidentB. Elana Wien.......Senior Program OfficerC. Naomi Strongin...........Program OfficerD. Beth Bernstein..............Program OfficerE. Preston Canter...................Coordinator

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CENTER COMMENTARY

Amelia XannVice President

Elana WienSenior Program Officer

Naomi StronginProgram Officer

Beth BernsteinProgram Officer

Preston CanterCoordinator

CENTER FOR DESIGNED PHILANTHROPYThe Center for Designed Philanthropy helps donors shape meaningful, personalized philanthropic strategies, build consensus among family members, and develop creative solutions to magnify the impact of their giving.

(323) 761-8705 www.jewishfoundationla.org/center

E F F E C T I V E P H I L A N T H R O P Y D O E S N ’ T J U S T H A P P E N … I T ’ S D E S I G N E D .

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© 2012 Jewish Community Foundation of Los Angeles. No portion of this publication may be reproduced or used without permission.

IN THE SPOTLIGHT

TAKE THE GUESSWORK OUT OF YOUR GIVING!

We’re proud to announce the launch of Search2Give — a searchable database of hundreds of nonprofits to

help you identify giving opportunities.

www.jewishfoundationla.org/search2give

Editors: Lewis Groner & Bonnie Samotin Zev

Center forDESIGNED PHILANTHROPY®

Lorin M. Fife Chair

Marvin I. SchotlandPresident & CEO