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A MESSAGE FROM THE PRESIDENT
By Alfred Wise
President, Community
Wealth Ventures
"Nearly every problem has been solved by someone, somewhere... The
challenge of the 21st century is to find what works and scale it up."
—Bill Clinton
We cannot think about social innovation without thinking about the means
to scale solutions. It all boils down to capital—how it is obtained
and how it is best deployed to address social change.
This issue of Community Wealth Vanguard provides perspectives on new
advances in the field and explores ways that our peers are using market
forces to address true social change.
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Bill Shore looks globally to highlight themes and
strategies that fuel innovative organizations.
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Esther Kim describes how REDF helps social enterprise
managers understand the careful balancing act of achieving financial
goals vs. achieving a social mission.
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With most foundations investing only 5% of their
assets in social change, a number of leaders have wrestled with how
to direct those investments to achieve the greatest social good. Bob
Lang has been spearheading a new idea aiming for legal recognition
of low-profit limited liability companies that, if successful, could
bring a sea change in how that capital is distributed for social
good.
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The Aspen Institute offers a glimpse into a dialogue
between capital providers as they forge new ground in financing
social enterprise.
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Finally, our Top Ten offers practical strategies for
integrating innovation into your organization’s culture.
As we wrap up the summer and head into the fall season, we want to hear
from you about the topics, ideas and information that you would like to
see in Community Wealth Vanguard. Please take a few minutes to take a
short survey to offer your opinion.
I look forward to hearing from you about new ideas and cutting-edge
practices that make our sector so dynamic.
Alfred
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