Wednesday, April 23, 2014
Registration and Continental Breakfast
Welcome and Introduction
Diana Aviv, CEO, Independent Sector
Social Enterprise: A Paradigm Shift in Philanthropy?
Jonathan Greenblatt, White House Office of Social Innovation and Civic Participation
This administration has placed a premium on innovation, integrating new approaches into a range of federal programs. A chief architect of these approaches explains the focus on innovation, the impact of changes made already, and what new innovations we can look forward to coming down the pike
Social Enterprise Models: Understanding the Landscape
Matthew Elkin, Morgan, Lewis & Bockius LLP; Nirav Shah, Director, Social Finance, Inc.; Robert A. Wexler, Adler & Colvin
What are all these new models of social enterprise anyway? How are they different from one another? Experts paint the landscape of benefit corporations, flexible-purpose corporations, L3Cs, mission-related investments, program-related investments, and Social Impact Bonds.
Social Enterprises and 501(c)(3)s: Natural Allies or Risky Partners?
Phil Buchanan, President, the Center for Effective Philanthropy; Antony Bugg-Levine, CEO, Nonprofit Finance Fund; Cheryl Dorsey, President, Echoing Green; Kelly Kleiman, NFP Consulting
What should a nonprofit consider in deciding whether to pursue a model of social enterprise? Can social enterprise be used to access the
capital markets? What are the risks: ethical, reputational, financial, policy? A panel of experts lays out the pros and cons.
11:45 am–1:00 pm
Charitable Investment in Social Enterprises: Options and Issues
Tracy Kartye, Director, Social Investments, Annie E. Casey Foundation; David A. Shevlin, Simpson Thacher & Bartlett LLP; John Tyler, General Counsel, Secretary, and Chief Ethics Officer, Kauffman Foundation
This panel examines potential structures for charitable investment in social enterprise: what's appropriate and what's not; L3Cs—the
myth and the reality; and special issues for private foundations.
Ethical and Accountability Issues with Social Enterprises
Elizabeth Grant, Attorney-in-Charge, Charitable Activities Section, Oregon Department of Justice; Cynthia Muller, Director, Impact Investing, Arabella Advisors; Erik Trojian, Director of Policy, B Lab
What ethical and accountability issues should nonprofits consider related to social enterprise? Can 501(c)(3)s be "market makers" for social enterprise? How can certifications and evaluators of such programs address these issues?
Please note: this session will not qualify for legal ethics CLE credit.
Role of 501(c)(3) Boards in Social Enterprise and Impact Investing Decisions
Jeff Hom, Corporate Counsel, Omidyar Network; Brinda Ganguly, Associate Director, Rockefeller Foundation; Carol Thompson Cole, President and CEO, Venture Philanthropy Partners
How do Boards make the decision to invest in social enterprise and other forms of impact investing? What factors do they consider? This panel describes their experience in making social enterprise investing a way of business, balancing risk versus reward, and incorporating social-enterprise in investment guidelines.
Social Enterprise and Impact Investing Case Studies
Sara Brenner, President, Community Wealth Partners; Robert Forrester, President and CEO, Newman's Own Foundation; Eileen Neely, Associate Director of Capital Innovation, Living Cities; Margot Kane, Director of Strategic Initiatives, Calvert Foundation
A range of nonprofits and foundations tell their stories of implementing social enterprise and impact investing in different ways, and offer words of wisdom and lessons learned.