Deloitte Podcast with College Summit

College Summit

Corporate giving has traditionally involved writing a check and calling it a day. But at a time when demands for nonprofit services are on the rise, cash donations are on the decline. Meanwhile, a national call-to-service is spotlighting the power of volunteerism.

Enter the new corporate citizen: Instead of donating money to pay for work, companies can cut out the middle man — through pro-bono engagement and skills-based volunteerism. If corporate philanthropy is expanded to include the prized commodity of workplace talent, the relationship can reap considerably more value — and do far more good — for nonprofits and communities in need.

Deloitte Podcast

Highlights:

·         The Deloitte Volunteer IMPACT Survey suggests many nonprofits and companies should think about pro bono as an actual currency. What exactly does that mean?

·         Given the current pressures on revenue in both the private and nonprofit sectors, how can organizations go about making the investments needed to take advantage of skilled volunteers?

·         How has Deloitte helped College Summit overcome organizational challenges through its pro-bono work?

·         It sounds deceptively simple: Nonprofits are asking for money to pay for work, when they could just be asking companies for the work itself. Why isn’t more of this happening?

Guests:

·         Dean Furbush, president, College Summit

·         Evan Hochberg, national director, Community Involvement, Deloitte Services LP

·         Humbelina Sanchez, director, Deloitte Consulting LLP

charity:water – bringing clean and safe drinking water to people in developing nations

Great profile of charity: water in the New York Times– the personal story of the founder is interesting:

Five years ago, Mr. Harrison was a nightclub promoter in Manhattan who spent his nights surrounded by friends in a blur of alcohol, cocaine and marijuana. He lived in a luxurious apartment and drove a BMW — but then on a vacation in South America he underwent a spiritual crisis.

Mr. Harrison, now 33, found an aid organization that would accept him as a volunteer photographer — if he paid $500 a month to cover expenses. And so he did. The organization was Mercy Ships, a Christian aid group that performs surgeries in poor countries with volunteer doctors.

He went on to found charity: water, which is essentially a marketing organization:

Armed with nothing but a natural gift for promotion, and for wheedling donations from people, Mr. Harrison started his group, called charity: water — and it has been stunningly successful. In three years, he says, his group has raised $10 million (most of that last year alone) from 50,000 individual donors, providing clean water to nearly one million people in Africa and Asia.

The article deserves a read, so check it out here.