IIP 011 - Al Etmanski: The Lasting Impact of Social and Financial Innovators
Release Date: 12/10/2015
The Impact Investing Podcast
Rehana and I have a wide ranging conversation, but dig in deep on the Case Foundations newest project, the Impact Investing Network Map. Fueled with publically available data, it's the first attempt to put all of the data around impact deals into one visual tool.
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For the past several years, John has been Director of Impact Capital at Santa Clara’s Miller Center for Social Entrepreneurship and has also been a mentor to social entrepreneurs at the Global Social Benefit Accelerator. In 2011 he authored a report on impact investing entitled Coordinating Impact Capital: a New Approach to Investing in Small and Growing Businesses and recently co-authored a chapter on equity investing in New Frontiers of Philanthropy (Oxford Press-2014). He is now pioneering a new investment vehicle – the Demand Dividend - that presents investors with a...
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"The capacity for truly independent thought is first of all rare, and second of all lonely. And so to pursue that as an investor is critically important, yet really, really difficult." Matthew Weatherly-White is the co-founder and Managing Director of the CAPROCK Group. A multi-family office based in Boise,ID with over 2 Billion dollars under management. Matthew has accomplished a ton, but maybe most interesting about him is his philosophical approach to investing, and the numerous mental models he applies to the endeavor. If you’re interested in exploring philosophical questions within...
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Kusi joined Global Partnerships June 2015. He is responsible for identifying and researching social impact and financial return potential of new investment initiatives, refining existing investment initiatives as well defining GP’s overall investment strategy. He also GP’s lead for agriculture and health sectors. Prior to joining GP, Kusi worked three years as a management consultant for Bain & Company in South America and five years as an Investment Officer for the International Finance Corporation (IFC) in Sub-Saharan Africa, Latin America and the Caribbean. In both roles he has...
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Mark Horoszowski is co-founder and CEO of , a global platform that helps people volunteer their expertise with social impact organizations around the world, on their own or through corporate-sponsored programs. Since its launch in 2011, MovingWorlds.org has already helped unleash over 5 million dollars worth of professional skills to social enterprises around the world and is the originator of the term, . Mark holds a Master's in Accounting and a BA in Business from the University of Washington, serves as a volunteer co-chairing the American Cancer Society's National Volunteer Leadership Team,...
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Jean Case is the CEO of the Case Foundation and Chair of The National Geographic Society Board of Trustees. Currently an actively engaged philanthropist, investor and pioneer in the world of interactive technologies, her career in the private sector spanned nearly two decades before she and her husband, Steve Case, created the in 1997. A passionate believer in all things digital and the amazing potential of technology to change the world for the better, the Case Foundation is recognized for its innovative efforts to address significant social challenges, harnessing the best impulses of...
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Songbae Lee is a Senior Investment Officer at the Calvert Foundation, which is a Community Development Financial Institution (CDFI), connecting individual investors with organizations working around the globe, developing affordable housing, creating jobs, protecting the environment, and working in numerous other ways for the social good. Maybe the coolest part of Calvert Foundation is their community investment note run through Vested.org - an investment vehicle open to anyone in the world with just $20. The investment is applied to Community Development Partners working with Calvert to lend...
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Jack Knellinger is the Principal and co-founder of Capria, the world's first VC accelerator focused on training the emerging wave of new impact investing fund managers. Capria focuses on bringing in teams from developing nations, and teaches them how to operate fundraise and launch their impact focused VC firms in countries that traditionally don’t have experienced investors or a breadth of investors looking to invest in companies that are focused on social or environmental good. Capria also has a really intriguing model which does things such as allowing these emerging investors to put...
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Clara Miller is President of the Heron Foundation, which helps people and communities help themselves out of poverty. Prior to assuming the foundation’s presidency, Miller was President and CEO of Nonprofit Finance Fund which she founded and ran from 1984 through 2010. In addition to serving on Heron's board, Miller is on the boards of the Sustainability Accounting Standards Board (SASB) and she is a member of the U.S. Advisory Committee to the G8 on Impact investing, named in 2014. From 2010-2014 Miller was a member of the first Nonprofit Advisory Committee of the Financial Accounting...
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This Podcast is sponsored by Maine Startup and Create Week. This years conference is June 20th to 26th in Portand, ME and is going to be amazing! This year’s conference is focused on design and innovation. They’re bringing in some of the best minds to discuss and teach how entrepreneurs can use the skills that accompany great design and design thinking to help build better companies, products and solutions to the world's most pressing problems? Panels will cover topics ranging from a mixture of Biotech, Agricultural tech and innovation and environmental technology to health-care,...
info_outlineImpact beautifully distills the insights and deep wisdom of one of the world’s great social innovators. Etmanski’s book is far more than a practical guide: it’s an invitation to re-imagine possibilities for our lives and for the world we create.”
David Bornstein, author “How To Change The World”
Al Etmanski is a community organizer, social entrepreneur and author. He is a founding partner of Social Innovation Generation (SiG) and BC Partners for Social Impact. Previously he co-founded Planned Lifetime Advocacy Network (PLAN)with his wife Vickie Cammack and Jack Collins. Al is an Ashoka fellow, and a faculty member of John McKnight’s Asset Based Community Development Institute (ABCD).
Al Etmanski is helping to alleviate the financial and social challenges commonly faced by peoples living with disabilities by working directly with families. PLAN is a family-led organization founded to secure the future for people with disabilities and helps to develop personal networks and provide advice, assistance and advocacy on government benefits, home ownership, and legal and financial solutions for persons with disabilities. Al successfully initiated the world's first Registered Disability Savings Plan (RDSP) to benefit 500,000 individuals with disabilities, and the organization has mentored over 40 similar organizations worldwide. It is the first and only program of its kind, and is a life changing social financial innovation that is currently running only in Canada.
Al Etmaksi’s new book: Impact6 is about the six different pattern areas you can identify to spread your social idea and change. It’s a blueprint and action plan for innovators, entrepreneurs and change-makers looking to have a social impact in their community and country.
Pattern One: Think and Act like a Movement
Pattern Two: Create a Container for Your Content
Pattern Three: Set the Table for Allies, Adversaries and Strangers
Pattern Four: Mobilize Your Economic Power
Pattern Five: Advocate with Empathy
Pattern Six: Who Is as Important as How
Impact6 explores the difference between short term success and lasting impact. It’s for those who have wondered why, despite our best efforts, talent and money we have not made as big a dent in our social and environmental challenges as we’d like.
Impact6 profiles more than 50 Canadians who are achieving lasting social impact, looking past quick wins and surface-level victories, and paying attention to the deeper patterns of change. Al’s hope is that this book will shine a light on the good work Canadians have done, are doing and will do to move the dial, change a paradigm, tip a system and achieve lasting social impact.
The book also explores the three different types of innovators Al says are necessary to create lasting and high impact social change. Receptive Innovators, Bridging Innovators and Disruptive Innovators
As many of you know, I think it is important to not only interview impact investors, but also the entrepreneurs who are doing the kind work that aligns with impact investors goals and values.
Al’s lifetime of work and social contribution comes in a field that is far too often not discussed in the fields of social enterprise and financial innovation –but is in my opinion very important and in a realm very worthy of discussion and highlighting.
This interview is more of a conversation and philosophical exploration than an informational interview. Al takes his time and makes sure to answer thoughtfully and deeply, speaking as though he was talking to an old friend.
BONUS: The entire first chapter of Impact is available on Al’s website and is chalk full of resources and bonus material! http://aletmanski.com/books/bookclubs/
Twitter: @aletmanski
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