Philanthropy for Techies

51
PHILANTHROPY FOR TECHIES Shannon Farley | Co-Founder & Executive Director

Transcript of Philanthropy for Techies

Page 1: Philanthropy for Techies

PHILANTHROPY FOR TECHIES

Shannon Farley | Co-Founder & Executive Director

Page 2: Philanthropy for Techies

WHY ARE WE TALKING ABOUT THIS?

Page 3: Philanthropy for Techies

WHY ARE WE TALKING ABOUT THIS?

distrust frustration confusion

Page 4: Philanthropy for Techies

#1 question from techies

I want to do some good, but how do I get started?

Page 5: Philanthropy for Techies

we will come back to this

Page 6: Philanthropy for Techies

here’s what we’re going to discuss

Social enterprise (lay of the land) Giving models

Next steps

Page 7: Philanthropy for Techies

but first…

Page 8: Philanthropy for Techies

WHICH OF THESE IS NOT A NONPROFIT?

• IKEA • The Academy Awards • Burning Man

Page 9: Philanthropy for Techies

WHICH OF THESE IS NOT A NONPROFIT?

• IKEA • The Academy Awards • Burning Man

Trick question. All are nonprofits.

Page 10: Philanthropy for Techies

WHAT IS A NONPROFIT?

Page 11: Philanthropy for Techies

WHAT IS A NONPROFIT?

(technically) A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive

Page 12: Philanthropy for Techies

WHAT IS A NONPROFIT?

Page 13: Philanthropy for Techies

WHAT IS A NONPROFIT?

(in practice) It is a tax model

It can be a business model to solve problems for which there is no market solution.

Page 14: Philanthropy for Techies

Direct Service

TYPES OF NONPROFITS

soup kitchens schools

community gardens

associations (churches, unions) advocacy organizations (Greenpeace, super PACs)

wikipedia charity:water fast forward

Indirect Service

Intermediaries

Page 15: Philanthropy for Techies

BUSINESS MODELS

for profits nonprofits brick & mortar service delivery

product company

Page 16: Philanthropy for Techies

PRODUCT COMPANIES

for profits tech nonprofits

build products scale well

profit impact

Page 17: Philanthropy for Techies

start ups

TECH NONPROFITS

reddit indiegogo

udemy volunteermatch

wikipedia

charity:water khan academy

one brick

tech nonprofits

Page 18: Philanthropy for Techies

NONPROFIT REVENUE

Individual Donations

cash stock

appreciated securities

foundations (public and private) governments

nonprofit grantmakers

goods and services space

Institutional Donations

In-kind Donations

interest (endowments and other cash holdings) fee for service (consulting, speaking fees)

product sales other sources (rent, fiscal sponsorship)

Other Revenue

institutions individuals

in-kindrevenue

Page 19: Philanthropy for Techies

WAIT…WHAT ABOUT SOCIAL ENTERPRISE?

Page 20: Philanthropy for Techies

WAIT…WHAT ABOUT SOCIAL ENTERPRISE?

no agreed upon definition or impact model

Page 21: Philanthropy for Techies

For Profit

tesla solarcity

warby parker etsy

change.org

“B Corps”

a nonprofit that certifies b corps to ensure “public benefit”

EXAMPLES OF SOCIAL ENTERPRISES

Page 22: Philanthropy for Techies

HOW TO GET STARTED

*see, told you we’d get back to this

*

Page 23: Philanthropy for Techies

HOW TO GET STARTED

*see, told you we’d get back to this

*

1 / what interests you?

2 / what do you want to give?

Page 24: Philanthropy for Techies

Volunteer Matching Services

1 / WHAT INTERESTS YOU?

volunteermatch, catchafire, onebrick boardmarch, taproot

linkedin

fast forward tipping point

silicon valley community foundation

good.is co.exist

deliverateLIFE

Funders

Media

DIS

COVE

RY P

LATF

ORM

S

Page 25: Philanthropy for Techies

THE

THRE

E T’

S Time

2 / WHAT DO YOU WANT TO GIVE?

build a home beach clean up

mentor an engineer build a website

give legal advice

money software licenses

office space

Talent

Treasure

Page 26: Philanthropy for Techies

TIME

Page 27: Philanthropy for Techies

How much?

STUFF TO CONSIDER: TIME

5 hours a year (beach clean up) 10 hours a quarter for two years (board service)

t-shirt (beach clean up) board service (grow your professional network)

Return: are you looking for something?

Page 28: Philanthropy for Techies

TALENT

Page 29: Philanthropy for Techies

What are you good at?

coding planning great parties

UX/UI adwords campaigns

Is there something you do well that would be hard or expensive to source?

STUFF TO CONSIDER: TALENT

content area : public education reform, experience of homeless in sf business strategy : meeting facilitation, board management, volunteer recruitment

What do you want to learn?

Page 30: Philanthropy for Techies

TREASURE

Page 31: Philanthropy for Techies

What do you have to give?

money appreciated securities

meeting space

cash donor advised fund - family foundation

giving circle

How will you give it?

STUFF TO CONSIDER: TREASURE

recognition: your name on a building access: invitations to high-net worth donor gatherings

Do you want anything in return?

Page 32: Philanthropy for Techies

3T TRIFECTA: BOARD SERVICE

responsibilities what you’ll do

ensure fiduciary responsibility hire/fire the ED/CEO

attend board meetings contribute work product

give or get donations recruit other board members

Page 33: Philanthropy for Techies

#2 question from techies

How do I know which nonprofits are good?

Page 34: Philanthropy for Techies

CHECK OUT THE LEADERS

Page 35: Philanthropy for Techies

LEADERSHIP

Do they understand the problem? Can they articulate it?

Do they have a the skills they need in the right positions?

Is there evidence of past success? Will they be able to raise money?

Do you trust them?

for profitstech

nonprofits

Page 36: Philanthropy for Techies

CHECK OUT THE PRODUCT

Page 37: Philanthropy for Techies

for profitstech

nonprofits

what do their customers say? what do their investors say?

what does your gut say?

PRODUCT COMPANIES

Page 38: Philanthropy for Techies

CHECK OUT THE BUSINESS MODEL

Page 39: Philanthropy for Techies

GO TO MARKET

how big is the problem? do users give it a high rating?

how many users? is there evidence of

profit growth?

how many served? is there evidence of

impact growth?

for profitstech

nonprofits

Page 40: Philanthropy for Techies

IS IT FISCALLY SOUND?

• Start with their 990s (Nonprofits file tax returns) • Check out their annual report • Look for external validation

•Fast Forward & other funders •GiveWell •CharityNavigator

Page 41: Philanthropy for Techies

ASSESS OVERHEAD

talent = big cost center scale happens at a later stage it costs money to make money

for profits tech nonprofits

Page 42: Philanthropy for Techies

EVALUATE WITH REASON

committed staff working below market rates

shoddy office space limited perks

>3 months cash flow

for profitstech

nonprofits

Page 43: Philanthropy for Techies

#3 question from techies

Is it better to give $10 to 100 organizations or $1000 to 1?

Page 44: Philanthropy for Techies

$1000 to 1

Page 45: Philanthropy for Techies

$100 to 10 versus $1000 to 1

Imagine the nonprofit is a start-up

•what are your expectations for $10? •if you were a board member, would you recommend that they spend time getting lots of small investors or one big fish?

Page 46: Philanthropy for Techies

#4 question from techies

Is it better to give to big organizations with proven track record or small startup nonprofits?

Page 47: Philanthropy for Techies

THAT’S PERSONAL

Page 48: Philanthropy for Techies

INVESTMENT PORTFOLIO

Treat your giving like your investment portfolio

• what percentage goes into “safe bets”? • what do you set aside to friend’s galas/ walk and runs? • how much are you willing to risk for big impact returns?

Page 49: Philanthropy for Techies

RECOMMENDED ORGANIZATIONS

Page 50: Philanthropy for Techies

#1 question from techies

I want to do some good, but how do I get started?

Page 51: Philanthropy for Techies

GO DO IT