In this webinar, we will explore:
- How nonprofit leaders can best position their organizations for a big bet
- How philanthropists identify the right types of bets for their aspirations
- The 10 types of big bets made by philanthropists
- Keys to success for the various types of big bets
The world is rich in problems to address, but poor in pathways to do so. For social innovators who need to fund ongoing operations, scale up their programs, and build endowments, finding funders that understand both the problem the organization is addressing and how to fund impact makes all the difference. While most nonprofit organizations have figured out how to identify donors, relatively few nonprofits have figured out how to attract donors willing to make “big bets” (gifts of $10 million or more).
This webinar will feature a candid and in-depth discussion between a major donor and a nonprofit organization that received a big bet, offering insight on how the donor identified the grantee as an entity that could maximize its impact, how they determined that this nonprofit would be a good risk, and how the nonprofit made itself “big bettable.” The conversation is aimed at nonprofit and social enterprise executives who want to learn how to best position their organizations as philanthropic investment opportunities, and for philanthropists who want insight on which organizations to bet on and the best model of giving to achieve their goals.
William Foster, a partner and head of consulting at The Bridgespan Group will lead the discussion. William will be joined by Chuck Harris, managing director and chief operating officer of Blue Meridian Partners, and Mark Edwards, co-founder of Upstream, who received a big bet from Blue Meridian Partners recently. The panel will be moderated by Eric Nee, managing editor of Stanford Social Innovation Review. We will study this case closely to understand how Upstream became shovel-ready and how they are making use of the dollars to scale impact.
We invite you to read a related article by panelist William Foster in preparation for this webinar.
The audience will be encouraged to ask the speakers questions during the webinar to explore this topic further.
Away from your desk during either of the webinars? That’s OK! Register and the recording of the live event is available to you on-demand three hours after the webinar ends and anytime over the next twelve months. Log in with your registered email ID.
Price for this webinar: $55. This price includes access to the live webinar and unlimited access to the recorded webinar video and downloadable slides for twelve months.
William Foster is a partner & head of consulting practice at The Bridgespan Group, and active thought leader on social change issues. Since joining Bridgespan in 2002, William has successfully supported some of the sector’s leading nonprofits such as Youth Villages and Communities in Schools. He particularly focuses on the diligence, structuring and support required for philanthropic “Big Bets.” William has helped the Edna McConnell Clark Foundation, the Bill and Melinda Gates Foundation, and many individual donors craft some of the largest gifts in the sector. He has also published his research on philanthropic "Big Bets" and nonprofit funding models in the Stanford Social Innovation Review. Previously, William served as executive director of the Jacobson Family Foundation, which supports educational excellence and equality. He received his bachelor’s degree from Harvard College and gained his master’s degree in business administration from Stanford University where he was an Arjay Miller Scholar.
Partner & Head of Consulting Practice,
The Bridgespan Group
Mark Edwards is the co-founder of Upstream USA, a nonprofit that provides training and technical assistance to health centers so women have same-day access to all contraceptive methods. By eliminating barriers at health centers that prevent women from obtaining desired birth control methods, Upstream USA's aims to empower women to have total control over their pregnancy. Upstream USA’s innovative, whole health center approach was featured in the New York Times, The Atlantic, NPR, and is based on clinical effectiveness of comprehensive reproductive counseling and Long Acting Reversible Contraceptives (LARCs) on reducing unplanned pregnancy. Mark has been featured in various publications and has published in TIME, Brookings Institution Social Mobility Memos, Politico, Huffington Post, and the Stanford Social Innovation Review. Mark is a Draper Richards Kaplan Foundation Entrepreneur and Ashoka Fellow, and serves on numerous boards. Mark is a graduate of Harvard College
Co-Founder, Upstream USA
Chuck Harris is the managing director & chief operating officer of Blue Meridian Partners. He plans and oversees the execution and advancement of Blue Meridian’s strategy and operations while leading efforts to engage new philanthropic partners. Harris has previously managed relationships with various grantees and oversaw the foundation’s capital aggregation activities, notably the True North Fund. He sits on the boards of several nonprofit and philanthropic organizations and has served extensively on the boards of both private and public for-profit corporations. He also speaks on the role of capital formation in advancing social change. In 2011, Harris co-founded and served as Executive Partner of SeaChange Capital Partners, a financial intermediary supporting outstanding nonprofits serving low-income youth in the United States. He is a graduate of Harvard College and holds a master’s degree in finance from MIT’s Sloan School of Management.
Managing Director & Chief Operating Officer,
Blue Meridian Partners
Eric Nee is the managing editor of Stanford Social Innovation Review, published by the Center on Philanthropy and Civil Society at Stanford University, and co-host of the Social Innovation Conversations podcast channel. He has more than 30 years’ experience in the publishing industry, most of it covering the high-tech industry. Before joining Stanford, Nee was a senior writer for Fortune magazine in the Palo Alto, Calif., bureau. He also helped Time Inc. launch eCompany Now (where he was executive editor), which later merged with Business 2.0. Before joining Fortune, Nee launched Forbes magazine’s Silicon Valley bureau, where he was bureau manager. He also served as editor-in-chief of Upside magazine for close to five years.
Managing Editor, Stanford Social Innovation Review