"CARRY FOR GOOD" PLEDGE - LEVERAGE YOUR CARRIED INTEREST FOR SOCIAL IMPACT
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CARRIED INTEREST FOR GOOD A HIGH LEVERAGE WIN-WIN With Ashoka’s “Carry for Good” Pledge, you commit to donating a self-chosen % of your personal carried interest at the time of your exit to high impact social innovation for the common good. 1. If you win, we win 2. It’s in your hands 3. It’s high leverage While you can of course always Since you commit a % of your Thanks to Ashoka’s incredibly choose to give right away, you personal proceeds, the Carry for generous network of pro-bono only make a commitment to Good Pledge isn’t tied to partners, coaches, lawyers and donate a % of your future company equity and doesn’t consultants we can proudly personal carried interest when it require approvals from boards claim that each 1€ investment in gets realized. or investors. our Fellowship program leverages an additional 2.6€ in additional non-financial support. In short: You give 1€ - we more than double it! Oh, and it’s of course tax deductible! 1
CARRY FOR GOOD DETAILS & NEXT STEPS To join the pledge you’ll sign a MOU with Ashoka. Once you realize your carried interest and give your share to Ashoka we will put your donation to work by selecting, supporting and scaling the impact of the world’s leading social entrepreneurs. 1. Pledge 2. Give 3. Impact To review and sign our MOU Anytime you earn a carried As much as you commit to please reach out to Matthias interest you can choose to give leveraging your financial Scheffelmeier , Partner at to Ashoka via a simple – tax contribution we commit to Ashoka Germany via deductible – unrestricted creating the highest impact mscheffelmeier@ashoka.org. donation. possible. Via your support we The process is very personal carefully select, support, scale and confidential, unless you and connect the world’s leading wish otherwise. social entrepreneurs, which all create tangible systemic change. 2
(OPTIONAL) ASHOKA SUPPORT NETWORK IN CASE YOU‘RE EAGER TO GET INTO ACTION RIGHT AWAY Ashoka invites Carry for Good Pledgers to join the Ashoka Support Network (ASN), a global community of 400+ successful, innovative leaders from a variety of fields, who connect with our network of leading social entrepreneurs to accelerate positive social change. 1. Give 2. Get Member of the ASN ASN Members have usually give a minimum access to a network of of €10,000/annum to very high profile peers Ashoka for a period of at and leading social least three years. In entrepreneurs globally. addition, they provide They join our events, their expertise and build new connections, selected contacts from partnerships and their their networks to very individual journey leverage the impact of towards social impact. social entrepreneurs in their countries and across the world. 3
APPENDIX ASHOKA – A GLOBAL HOME FOR SOCIAL ENTREPRENEURSHIP “Ashoka seeks to catalyze the citizen sector by adapting the venture capitalist approach. The idea is to search for budding innovators, to supply them with seed money and to connect them in a global Fellowship.”
ABOUT ASHOKA THE WORLD‘S LARGEST NETWORK OF SOCIAL ENTREPRENEURS Ashoka, founded in 1980, is the world’s leading network of social entrepreneurs. Our founder Bill Drayton coined the term “social entrepreneurship”. According to NGO Advisor, Ashoka is the 5th most influential NGO in the world. Every year, we spot around 150 leading entrepreneurs worldwide with the best system- changing ideas to address social problems and change society for the better. We elect them as new “Ashoka Fellows” into our global network that now supports 3,500 social entrepreneurs in 85 countries. In order to help the entrepreneurs scale, Ashoka partners with top-notch investors and entrepreneurs, who aim to create long- lasting social impact and have the experience, skills and networks to accelerate this mission. 5
HOW WE SELECT ASHOKA FELLOWS THE MOST RIGOROUS DUE DILIGENCE IN THE WORLD OF SOCIAL IMPACT Ashoka has one of the most rigorous selection processes in the NGO world. Over the past two years we received over 5000 nominations in Europe to elect only over 70 Fellows. Ashoka is looking for social entrepreneurs who not only deliver direct services and provide immediate alleviation of needs. Ashoka Fellows also work to change mindsets and systems in order to address root causes of a problem with a long-term perspective. To do this, they create social businesses, charities, social movements, open platforms or political campaigns - whatever brings about the impact they seek. 6
HOW WE SUPPORT ASHOKA FELLOWS A NETWORK FOR A LIFE TIME Once a social entrepreneur is elected in the Ashoka Fellowship, Ashoka provides: ü lifetime professional support with a large range of business leaders and pro-bono partners, strategy consulting to finance, from legal support to mentoring and coaching; ü lifetime access to a global network of peers, experts and decision- makers from all sectors who support growth into new regions and accelerate the Fellows’ impact on society; ü and financial support for the entrepreneur through a 3-year stipend. 7
ASHOKA | TESTIMONIALS GREAT PEOPLE THAT ALREADY BELIEVE IN US Testimonials about Ashoka “We believe one measurement of an effective community is exhibiting durable com- “I have been greatly impressed by the pioneering work of Ashoka in promoting so- munication channels, networks, and collaborative alliances. Ashoka provides us with cial entrepreneurship for many years as a pathway to talented individuals. They have a great model for best practices – The engaged global community of social entrepre- done much to spread good practice and role models in many countries. “ neurs that Ashoka has fostered helps each one of them to have more impact than would have been possible individually. “ Charles, His Royal Highness, the Prince of Wales Pierre Omidyar, Chair of the Omidyar Foundation and Founder and Chairman of E-bay “Ashoka is well placed to create a partnership of the future between business and society. It’s a good idea for all of us to support Ashoka.” “Our collaboration with Ashoka: Innovators for the Public in Latin America has Nr Narayana Murthy, Founder of Infosys convinced us of the unparalleled power of the Ashoka Idea. Ashoka and the social entrepreneurs it supports have caused social change in the developing world, help- ing millions to lead better lives. “ “Ashoka has quietly given Philanthropy a new dimension: it has shown how to invest successfully in pattern-breaking, powerful ideas and the people behind them and Stephan Schmidheiny, President of Avina Foundation and Founder of Gruponueva how to do so early when a little makes an enormous difference – when hope can overcome cynicism, when tenacity can prevail over inertia. It has given us all lessons in how to harness the most powerful energy in the world - human talent - to the task “Ashoka is a world-class organization, internationally renowned for its pioneering of adapting to the demands of the 21st century. “ work in the field of social entrepreneurship.” Peter Goldmark, Former CEO of the International Herald Tribune and Former Presi- Jeff Skoll, Founder of the Skoll Foundation and First President of E-bay dent of the Rockefeller Foundation “Ashoka is a great global organization, built on a brilliant idea. It picks up social inno- “Ashoka is excellent at plugging social entrepreneurs into a network and getting vators when they themselves don’t know what great changes they can bring. That’s their ideas to cross borders. They do it better than we can.” the stage when budding innovators need the support most. Ashoka helps pool local innovations into glob al solutions. “ Bradford Smith, Vice-President of the Ford Foundation Muhammad Yunus, Founder and CEO of the Grameen Bank, Nobel Piece Prize winner 8
APPENDIX EXAMPLES OF ASHOKA FELLOWS Jimmy Wales Founder of Wikipedia Ashoka Fellow „Ashoka is a living encyclopedia of social innovation in every field around the world“ * * # of Ashoka Fellows at the end of 2017 9
Apopo (Hero Rats) Fellow: Bart Weetjens trains African rats to save lives by finding landmines or detecting Tuberculosis in blood samples. >> apopo.org 10
Colalife.org Fellow: Simon Berry Transports life-saving medicines to rural areas via existing infrastructure (e.g. Coca Cola distribution), because ... „Coca- Cola seems to get everywhere in developing countries, yet life- saving medicines don’t. Why?" >> colalife.org 11
Canopy Planat Fellow: Nicole Rycroft Nicole Rycroft is safeguarding the biodiversity and the long-term survival of ancient forests by shifting heavy paper consuming sectors away from products that originate in endangered forests globally. >> canopyplanet.org 12
Discovering Hands Fellow: Frank Hoffmann trains blind women to become certified breast cancer diagnosticians >> discovering-hands.de 13
Specialisterne Fellow: Thorkill Sonne harnesses the special characteristics and talents of people with autism and use them as a competitive advantage in software testing, programming and data entry for the public and private sector. >> specialisterne.com 14
Your Contact Matthias Scheffelmeier Partner, Ashoka Germany and Lead of Carry for Good Pledge Fon: +49 1743786209 E-Mail: mscheffelmeier@ashoka.org Web: www.ashoka.org
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