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Kiva
Hyundai Motor Company in China
Creating Qualcomm (A)
In 1991, former engineering professor Dr. Irwin Jacobs and his team of top-notch scientists and engineers were preparing to take public Qualcomm, their budding wireless communications company. They had proven that their technological approach to wireless…
Endeavor
Search Funds 2007 Selected Observations
Transatlantic Community Foundation Network
In 1999, the Germany-based Bertelsmann Foundation and the U.S.-based Charles Stewart Mott Foundation jointly established the Transatlantic Community Foundation Network (“TCFN”). TCFN was a learning organization comprised of community foundations and…
Robin Hood
In 1988, Paul Jones, a 32-year-old money manager, founded the philanthropic foundation Robin Hood with $3 million and a mission to fight poverty in New York. He invited two close friends, Peter Borish and Glenn Dubin, to serve as co-founders and recruited…
Sand Hill Foundation
Susan Ford served as the president and cofounder of the Sand Hill Foundation, a family foundation that made grants to organizations that benefited people on the San Francisco Peninsula. Tom and Susan Ford established the foundation in 1995, reflecting…
The Broad Education Foundation
In 1999, Eli and Edythe Broad established the Broad Education Foundation on the area of Kindergarten through 12th (K-12) public education reform. By 2004, the Broads had committed nearly $500 million to the education foundation. While many educational…
Skoll Foundation
In 1999, eBay’s first president and entrepreneur Jeff Skoll founded the Skoll Foundation. When eBay went public in 1998, Skoll gained sizeable wealth overnight and decided to actively engage in philanthropy. Through his foundation, Skoll sought to fund…
The September 11th Fund
Immediately after the September 11, 2001 World Trade Center attacks, the New York Community Trust (“the Trust”) and the United Way of New York City (“UWNYC”) collaborated to create the September 11th Fund (“the Fund”). The Fund’s mission was meeting the…
Blended Value
In 2000, Jed Emerson founded the Center for Blended Value, a think tank based in Colorado that promoted the concept of “blended value” investments. Emerson applied the concept of blended value to criticize the traditionally impermeable wall between…
Robert Wood Johnson Foundation
In 1972, Robert Wood Johnson, who built Johnson & Johnson into the world’s largest health and medical care products company, founded the Robert Wood Johnson Foundation. Its mission was improving the health and health care of all Americans. The foundation…
Altman Foundation
In 1913, Benjamin Altman made a capital stock investment (the stock was from his department store B. Altman & Co.) to create the Altman Foundation. Since that time, the foundation has both honored Mr. Altman’s vision of serving New York City’s…
Global Fund for Women
The Global Fund for Women (“Global Fund”) was a funding intermediary that made grants to seed, support and strengthen women’s rights groups outside the United States. Global Fund grantees worked to provide women with economic opportunities and…
BOBST Group: Costing New Parts
Equity Bank (A)
James Mwangi, the CEO of Equity Bank, a microfinance services provider, oversaw a remarkable turnaround at his organization beginning in the early 1990s. Mwangi’s association with the bank began in 1992, when a founder (who was also a family friend) urged…
The Annie E. Casey Foundation
In 1948, Jim Casey, one of United Parcel Service’s founders, established the Annie E. Casey Foundation with his siblings. The foundation’s mission was “to build better futures for disadvantaged children and their families in the United States” and to…
EachNet.com
The William and Flora Hewlett Foundation
Late Palo Alto industrialist William R. Hewlett, his wife, Flora Lamson Hewlett and their eldest son, Walter B. Hewlett, established the William and Flora Hewlett Foundation (“Hewlett Foundation”) in 1966. The foundation’s guiding principle, as stated by…
Cisco Corporate Philanthropy
In 1984, Stanford University husband-and-wife team Leonard Bosack and Sandra Lerner founded Cisco Systems. The company developed and commercialized products that enabled computers to communicate with one another. As networking took off, Cisco’s sales grew…
Community Foundation Silicon Valley
Community Foundation Silicon Valley (“CFSV”) was founded in 1954 as the “Community Trust of Santa Clara County” with a broad mission—to help improve the community. It experienced explosive growth in the 1990s and 2000s with assets increasing more than 80…
The McKay Foundation
Established in 1992, the San Francisco-based McKay Foundation supported organizations that addressed income inequality and poverty. The McKay Foundation focused on developing long-term, community-based solutions to social and economic problems. Robert…
2006 Program-Related Investments Conference Summary
In January 2006, the PRI Makers Network and Stanford Graduate School of Business’s Center for Social Innovation sponsored the first annual Program-Related Investments (PRI) Conference in Palo Alto, California. The conference brought together 150…