Dream > Believe > Pursue Children for Children

Dream > Believe > Pursue 2 Outline Enterprise backgroundEnterprise background Rebuilding Children for Children’s mission statementRebuilding Children for Children’s mission statement*** Threats to the business modelThreats to the business model Nonprofit partnershipsNonprofit partnerships Big lessons for social enterprisesBig lessons for social enterprises

Dream > Believe > Pursue 3 Origins Started in 1996 by Silda Wall and Eliot SpitzerStarted in 1996 by Silda Wall and Eliot Spitzer Concern: Children are disengaged from the needs in their communitiesConcern: Children are disengaged from the needs in their communities Objective: Teach kids giving and volunteering valuesObjective: Teach kids giving and volunteering values

Dream > Believe > Pursue 4 Enterprise Basics Connects privileged or middle-class kids to those with economic or special needsConnects privileged or middle-class kids to those with economic or special needs Example: Children’s Action Board allows kids to find volunteer opportunities in other schoolsExample: Children’s Action Board allows kids to find volunteer opportunities in other schools More than $1m raised in first 10 years from donors, to support programsMore than $1m raised in first 10 years from donors, to support programs Nearly 8,000 youth volunteer hours per yearNearly 8,000 youth volunteer hours per year 8 full-time staff, 3 Vista volunteers, 33 board members8 full-time staff, 3 Vista volunteers, 33 board members

Dream > Believe > Pursue 5 Business model Volunteer programs Kids in need Kids with a need to serve Staff and volunteers: oversight, administration, expertise Donors funding for programs Better citizens Needs met Community development

Dream > Believe > Pursue 6 Mission To promote hands-on youth volunteering and giving programs which teach and instill the value of community involvement and civic engagement in children from all backgrounds beginning at a young age, with an emphasis on providing resources to underserved schools

Dream > Believe > Pursue 7 4 Mission Questions What will the enterprise do, and what will it not do?What will the enterprise do, and what will it not do? What does “value” mean for this enterprise, and how is it measured?What does “value” mean for this enterprise, and how is it measured? What is this enterprise’s unique innovation or adaptation?What is this enterprise’s unique innovation or adaptation? What constitutes “success” for this enterprise?What constitutes “success” for this enterprise?

Dream > Believe > Pursue 8 What will the enterprise do, and what will it not do? “… promote hands-on youth volunteering and giving programs … providing resources to underserved schools” Need to create instead of just promoting programs?Need to create instead of just promoting programs? Need more limits on target youth population: perhaps “in schools”Need more limits on target youth population: perhaps “in schools”

Dream > Believe > Pursue 9 What does “value” mean for this enterprise, and how is it measured? “… community involvement and civic engagement in children from all backgrounds” Good definition of value, but vague on how/whether we might measure itGood definition of value, but vague on how/whether we might measure it Better: “We aim to achieve a higher level of civic engagement…”Better: “We aim to achieve a higher level of civic engagement…”

Dream > Believe > Pursue 10 What is this enterprise’s unique innovation or adaptation? “… hands-on youth volunteering and giving programs … with an emphasis on … underserved schools” No idea if anybody else does this—is this unique?No idea if anybody else does this—is this unique? Need to add: “the first program” or “an innovative program”Need to add: “the first program” or “an innovative program”

Dream > Believe > Pursue 11 What constitutes “success” for this enterprise? “… to promote hands-on youth volunteering and giving programs” –Focuses on outputs—not outcomes or impacts “…teach and instill the value of community involvement and civic engagement” –Focuses on activities Need to tie programs to planned achievementsNeed to tie programs to planned achievements

Dream > Believe > Pursue 12 New mission statement Children for Children creates innovative hands-on youth volunteering and giving programs in public schools, with an emphasis on providing resources to underserved schools. We aim to achieve a higher level of civic engagement in children from all backgrounds beginning at a young age by teaching and instilling the value of community involvement.

Dream > Believe > Pursue 13 Outline Enterprise backgroundEnterprise background Rebuilding Children for Children’s mission statementRebuilding Children for Children’s mission statement*** Threats to the business modelThreats to the business model Nonprofit partnershipsNonprofit partnerships Big lessons for social enterprisesBig lessons for social enterprises

Dream > Believe > Pursue 14 Business model threats: Demand side Is it an opportunity? Services not wanted by underprivileged schoolsServices not wanted by underprivileged schools No volunteersNo volunteers Insufficient donor supportInsufficient donor support

Dream > Believe > Pursue 15 Business model threats: Supply side Is it economically feasible? Costs of administering programsCosts of administering programs Costs of needed fundraisingCosts of needed fundraising

Dream > Believe > Pursue 16 Potential partnerships Other NYC donor-cultivation nonprofits (e.g. Common Cents)Other NYC donor-cultivation nonprofits (e.g. Common Cents) Venture philanthropy organizations (e.g. Social Venture Partners)Venture philanthropy organizations (e.g. Social Venture Partners) NYC school system?NYC school system?

Dream > Believe > Pursue 17 Big lessons The process of giving is as important as the time and money givenThe process of giving is as important as the time and money given A successful enterprise strategy is connecting two groups with needsA successful enterprise strategy is connecting two groups with needs –Need for services –Need to give Idea of social benefit should not be limited to beneficiaries or servicesIdea of social benefit should not be limited to beneficiaries or services