Innovative foundation leaders and analysts explain some recent investment trends.
Foundations are now beginning to put a portion of their foundation's corpus (the 95% of assets that are invested) into line with their overall purpose.
Bauer was formerly a Vice President at Goldman Sachs and President of the Goldman Sachs Philanthropy Fund, the firm's donor-advised fund. Doug was formerly Director of Community Partnership at SmithKline Beecham (now GlaxoSmithKline) and Executive Director of the SmithKline Beecham Foundation, where he focused on community-based healthcare in both the developed and developing world.
Previously, Bauer was a Program Officer for Culture at the Pew Charitable Trusts where he created and managed two results-oriented, multi-year operating support programs for arts organizations. He serves on boards or committees for the Council on Foundations, The Better Business Bureau Wise Giving Alliance and the Communications Network in Philanthropy. He is also an adjunct faculty member at the University of Pennsylvania where he teaches a course and seminars on philanthropy.
Crisafulli joined the Skoll Foundation as a Senior Program Officer in February 2007, where he leads the practice aimed at 'building the field' of social entrepreneurship through grant and program-related investments.
Prior to joining Skoll Foundation, Crisafulli co-managed the World Bank's social entrepreneurship and innovation program, the Development Marketplace (DM) beginning in 2004. He brought a venture capital approach to the DM, taking a hands-on role in the success of investees. The DM's model of support for small-scale solutions to social and economic challenges was designated a "best practice" in corporate innovation by Harvard Business Review.
Previously, Crisafulli co-founded the technology venture capital group at the International Finance Corporation (IFC) in 2000, helping to build a $70 million investment program.
Crisafulli earned a bachelor's degree in government summa cum laude from Dartmouth College and a master's degree in public policy from the Kennedy School at Harvard University, where he was a Kennedy Scholar.
Kleissneris the President of the KL Felicitas Foundation, a family foundation she co-founded with her husband in 2000. The Foundation is dedicated to supporting programs that empower rural communities and families, enable social entrepreneurs worldwide, and that advocate their Foundation's sustainability, mission, and social investment strategy.
Kleissner provides pro-bono architectural, project and construction management services for nonprofits both locally and internationally with a focus on culturally appropriate and sustainable design. Additionally, Kleissner has led fund raising efforts for a variety of both local and international nonprofits focusing on capital and endowment campaigns.
Kleissner was raised in Hawaii, attended the Kamehameha Schools and the University of Hawaii at Manoa graduating with a BArch in Environmental Design. She was the Vice President of an architectural firm in Hawaii doing work in Hong Kong, Singapore, Sri Lanka and Malaysia. Most recently she was the president of The Kleissner Group, an architectural and project management firm in Silicon Valley.
Palmer co-founded Beartooth Capital Partners, a private equity fund that invests in ranchland to generate strong risk-adjusted financial returns and real conservation results.
Previously, Palmer founded and directed a predecessor to Beartooth that made private equity real estate investments with conservation outcomes, served as chief executive of a land trust and environmental education center in Utah and lived and worked in Grand Teton National Park.
Palmer earned bachelors degrees in environmental and architectural studies with honors from Brown University and an M.B.A and certificate in public management from Stanford University Graduate School of Business where he served as president of the Public Management Program.
Zapol works with corporate and private foundation clients on a wide range of strategy and evaluation issues: from developing a strategy for a rural social investment fund in Rwanda, to disease-specific treatment market analyses, to recommendations for anti-malarial development programs for a large pharmaceutical client. Zapol is particularly interested in creating strategy that helps donors achieve greater results.
Zapol played an integral role in the team that advised the Bill and Melinda Gates Foundation and the Product Development Partnership Donor Group on a new model for evaluation of nonprofit models of neglected disease research. After building the high level frameworks, the team applied them and conducted a five-year evaluation of the International Partnership for Microbicides.
Prior to joining FSG, Zapol worked at Investors Circle, helping develop "Slow Money", a fund focused on sustainable food systems. Zapol also worked with the pharmaceutical consulting and software firm, Pharsight Corporation.
Dan Crisafulli gives the history and origins of The Skoll Foundation, started by Jeff Skoll in 1999.
Crisafulli says that while The Skoll Foundation does not directly work in MRIs, the group's mission is to advance social change around the world by connecting, celebrating, and investing in social entrepreneurs.