1 / 24

Framingham State College

Social Innovation Forum. Framingham State College. Monday, February 13, 2012. Root Cause. Root Cause is a nonprofit research and consulting firm that partners with nonprofits, philanthropy, government, and business to advance solutions to today’s toughest social issues. . Departments

coral
Download Presentation

Framingham State College

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Social Innovation Forum Framingham State College Monday, February 13, 2012

  2. Root Cause Root Cause is a nonprofit research and consulting firm that partners with nonprofits, philanthropy, government, and business to advance solutions to today’s toughest social issues.  Departments • Idea Lab • Root Cause Consulting • Social Impact Research • Social Innovation Forum

  3. Mission Root Cause’s Social Innovation Forum provides a unique opportunity for innovative nonprofit organizations to gain visibility, expand their networks, and build capacity. Each year, we partner with leading local funders to identify and support six Social Innovators, one per “social issue track.”

  4. What are the overarching challenges? Trillions of $$ Significant Progress on Social Issues Millions of Nonprofits

  5. Our Hypothesis: The Social Impact Market SOCIAL IMPACT MARKET Resources flow to the best solutions

  6. Our Model for Creating Enduring Social Impact Invest and reinvesttime, talent and treasure • Innovative Boston-area nonprofits • Effective • Results oriented • At an inflection point • Social Impact Investment Community • Individuals • Foundations • Corporations • Professional service firms The Social Innovation Forum builds bridges Create growth and social impact

  7. Selection Process Timeline Partners and Sponsors Oct.28th– Nov 3rd Final-round interviews Sep 13th Second-round application due Aug 23rd Second-round invitations issued Nomination and Evaluation Committees Aug 3rd First-round application due Nonprofit Community June 20th Launch Dec 1st Innovators announced!

  8. 2011-2012 Social Issue Tracks At-Risk Children and Youth in MetroWest: Providing Adult Guidance and SupportTrack Sponsor: The Sudbury FoundationFood, Nutrition, and Fitness: Promoting Healthy Living for Children, Youth, and FamiliesTrack Sponsor: The Trefler Foundation Healthy Aging: Engaging and Supporting Older Adults in their CommunitiesTrack Sponsor: Tufts Health Plan FoundationImpact Investing: Scaling Social EnterpriseTrack Sponsor: The Devonshire FoundationScience, Technology, Engineering and Mathematics (STEM) Education and Enrichment for Children and YouthTrack Sponsors: Amelia Peabody Foundation and Microsoft New England Research & Development CenterWorkforce Development: Skills and Support for Workers in Today's EconomyTrack Sponsor: Highland Street Foundation

  9. 2012 Social Innovators Amelia Peabody Foundation and Microsoft New England Research & Development Center The Trefler Foundation Highland Street Foundation TEMPO, a program of: Tufts Health Plan Foundation The Devonshire Foundation The Sudbury Foundation

  10. With Support from Investors, our Social Innovators Grow Rapidly While nonprofits nationally grow 5% annually, our Social Innovators grow 31% a year on average * Social Innovators 2004 -2008, excluding Boston Health Care and Research Training Institute, Treehouse Boston, Tacos Unidos – a Roca initiative, and Boston Black Women’s Health Institute, for which data was not reported

  11. Our Impact • The Social Innovation Forum has held eight Showcase events, received more than 680 applications, and recognized 50 Social Innovators since its founding in 2003 • The 2011 Showcase attracted over 300 attendees • Our selection process and program bring together more than 1,500 philanthropists, foundation staff, businesspeople, and government officials who are interested in supporting innovative, effective approaches to important social issues • As of January 2011, we have directed more than $8.5 million in cash and in-kind services to our Social Innovators • Of our six 2010 Social Innovators, three received new gifts of more than $100,000 – including one gift of $400,000 and one of $500,000

  12. Total Returns Per Innovator (2012)

  13. Case Study: Strong Women, Strong Girls

  14. Selected Past Social Innovators 2011 2010 2009 2008 2007 2006 2004 2003

  15. Our Goals for Social Innovators • Better understand their position in the social impact market • Better articulate the uniqueness and effectiveness of their social impact models • Scale up their marketing and communications efforts • Build a relationship map to focus their networking and development efforts • Develop and track a set of measureable outcomes, leading to increased program performance and social impact • Attract new funders, advisors, and other supporters

  16. Who’s Who? Services Consultant Lead Consultant: Katie Barnett Coach Innovator Ariel Group Opus Design Lead Coaches: Michele Vitti & Jerry DiMatteo Presentation Advisor Support Social Innovation Forum Staff Susan Musinsky, Director Zeina Fayyaz, Program Coordinator Katie Barnett, Lead Consultant Megan Fernandes, Program Assistant Michelle Wong, Development Assistant

  17. In-Kind Partners • SIGNATURE IN-KIND PARTNERS • Ariel Group • Massachusetts School of Professional Psychology • Opus Design • Promus+ Consulting • Public Service Economics • SUPPORTING IN-KIND PARTNERS • Goodwin Procter • Isovera Consulting • Microsoft New England GiveCamp • Nonprofit Professionals Advisory Group • Solomon McCown & Company

  18. Deliverables

  19. Summary of Process Services December January February March April Post-Forum Consulting and Graphic Design Social Issue Talks Showcase: May 3, 2012 Board Breakfast Events Ariel Group Workshop Panel Presentation and Ariel Group One-on-One’s Presentation Advisor Showcase Prep Coaching SIF and In-Kind Support

  20. Performance Measurement Cycle

  21. Social Innovation Forum ProgramTimeline We offer each Social Innovator access to a package of consulting, coaching and in-kind services valued at over $109,000.  As part of that package, each Social Innovator receives a $10,000 grant from his/her sponsoring track partner, plus an additional $10,000 consulting engagement upon completion of our year-long key measures process.

  22. Our Guidelines and Criteria • $100,000 budget • At least 1.5 FTE • In Greater Boston area • Replicable model or growth potential can be seen • Infrastructure to take learning and grow with it. • Leader stable and likely to stay around • Solid financials or financial history that makes sense. • At an inflection point in their development

  23. Interactive Conversation Prospectus – why is this helpful to a group?

  24. Contact Information Susan Musinsky,Director smusinsky@rootcause.org 617.649.1527

More Related