Fordonnav5
Transcript of Fordonnav5
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In its short life, PRW has granted more than one million dollars to social entrepreneurs to address the problems of global poverty
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2005 2006
Project Redwood was born nine years ago
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325
650
975
1300•A 2005 “Giving Back” panel inspired Project Redwood
•In 2006, a structure and protocols were established:-Mission Statement, bylaws and governance procedures developed-Board of Directors formed-Rockefeller Philanthropy Advisors appointed-Granting procedures written-Three on-going committees defined: Grant Review, Project Support, Partnership Participation
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2007 2008
Participation and contributions were robust in 2007-2009
•Partnership grew and stabilized (120 classmates by 2008)
•The Board continued to refine governance:-Shared Values and Distinctive Differences statements were written-Conflict of Interest Policy was developed
•37 applications were submitted and 16 were funded ($334.4k)
•A relationship with Stanford’s Entrepreneurial Design for Extreme Affordability (EDEA) program was established in 2007; through 2009, 9 projects were funded ($33.7k)
•Classmates participated in many ways (meetings, voting, sponsoring, supporting)
2009
Initial subscription over $200,000
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Cycle 1 = $100k
Cycle 3 = $119.4k
Total contributions
exceed $600,000
325
650
975
1300
Cycle 2 = $148.7k
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2010 2011
In the last four cycles, PRW has continued to refine its model•2010 Pay-to-Play basketball game
boosted participation and contributions (number of partners grew to 138 through 2012)
•46 applications were submitted and 27 were funded ($608k)
•Funds were also granted to 23 EDEA projects ($41.8k)
•New initiatives were undertaken:-Formal interim and final reporting-Cross-grantee (and applicant) synergies-Incubator-Impact assessment
•Cycle 7 funding is complete; partner contributions for future cycles are still coming in
2012
Cumulative
Contributio
ns
Total contributions
exceed $1,000,000!
2010 contributions = $264,000
Cycle 4 = $161.8k
2013
Cycle 5 = $147k
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Cycle 6 = $185k
Cycle 7 = $155.8k
325
650
975
1300
2013 tbd
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The record demonstrates our partners’ commitment and PRW’s consistency
Pro
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sPart
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hip
2007 2008 2009 2010 2011 2012 2013
Applications 17 11 9 12 13 12 9
Projects Funded 5 6 5 7 6 8 6
Amount Funded
$100k
$130k
104k$150
k$137
k$175
$146k
Plus EDEA$18.7
k$15k
$11.8k
$10k $10k $15k
Partners 118 120 120 129 132 138 tbd
Contributions
$217k
$190$196
k$264
k$160
k$180
ktbd
Co-Chairs Carol Head and Ed Kaufmann
Ed Kaufman
n and Kristi Smith-
Hernandez
Kristi Smith-
Hernandez and
Beth Sawi
Beth Sawi and Phil
Jonckheer
Phil Jonckheer and Rick Jerdonek
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PRW partners have been moved and amazed by the ideas and tenacity of the social entrepreneurs that we have
collectively funded
Village Health Works
Educate!
DIG
North AmericaCentral and South
America, Caribbean AfricaAsia and Oceania
Young
More
Matu
re Village Enterprise
CTI Nicaragua
Fam Ind Initiative
CTI Ethiopia
Frontier Housing
Nuru
Global Action
Foundation
Play Pumps
Rafode
Self Help Internat’l
Zambian Children’s
Fund
Internat’l Village Clinic
Hope Worldwide
Care to Help
Daraja Academy
Aid for Africa
BUILD
HEITitagya
Standard of Living
Health and Nutrition
Education
Project Focus
Circle size proportional to total PRW funding
Primary project locationO
rgan
izati
on
Matu
rity
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Partners are drawn to Project Redwood for many reasons
Giving back
Stanfordfighting hunger
wiping out disease
educating promoting self
reliance
broadening horizons
Workingtogether
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Going forward, we look to extend our reach and improve our effectiveness by learning from past observations and
challenges, and by looking to trends and opportunities to answer these questions:
•How can we increase our funds and participation?
•What might we do to source more projects in future grant cycles?
•How can we measure the impact of PRW projects and PRW overall?
•How can we provide additional support to our projects?