Common Impact

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Common Impact is an American nonprofit organization headquartered in Boston, Massachusetts. It catalyzes a new, connected economy by aligning business and social purpose, connecting business professionals to local nonprofits that need assistance in information technology, marketing, human resources, operations and finance. Common Impact's model for social change involves social innovation, employee engagement, and corporate social responsibility.

Contents

History

Theresa M. Ellis co-founded Common Impact in 2000 with Zach Goldstein, both graduates of Dartmouth College. [1] Ellis helped connect her friend, an IT professional, to a Washington, D.C. nonprofit needing assistance with a database while she was working for another nonprofit. She founded Common Impact to help more corporate professionals volunteer their professional skills and help solve social problems in the areas of health, housing and education. [2]

Projects

Many of the projects between corporate employees and nonprofit organizations involve improving databases, creating new marketing materials and restructuring human resources tools. Before each project, Common Impact screens the nonprofit and matches it to a trained team of business professionals who are skilled in the project area. A few examples of projects include redesigning a website [3] and evaluating marketing materials. [4]

Impact

Common Impact "helps nonprofits evaluate their internal operations. Then it finds corporate volunteers who can work with them to improve their technology, marketing, and human resource functions." [5] These projects have generated over $6 million in resources for the nonprofit sector. Businesses are increasingly recognizing the importance of volunteering professional skills as more employees want to help their communities [6] More than 400 corporate employees from companies such as Cisco, Genworth Financial, Fidelity Investments and State Street Corporation have volunteered their skills by working with Common Impact. Some examples of projects Fidelity Investments volunteers worked on are fundraising, case management, databases, and website design. [7] The organization has connected business professionals to over 150 nonprofit organizations in Greater Boston, New York City, and Richmond, Virginia. The employee engagement relationships Common Impact fosters have translated into an estimated 9,000 hours of skilled volunteer time donated to nonprofit organizations.

Related Research Articles

Non-governmental organization Organization independent of any government, usually created to aid those in need or similar

A non-governmental organization, nongovernmental organization, non-government organization, or simply an NGO, is an organization that is, generally, formed independent from government. They are typically nonprofit entities, and many of them are active in humanitarianism or the social sciences; they can also include clubs and associations that provide services to their members and others. Surveys indicate that NGOs have a high degree of public trust, which can make them a useful proxy for the concerns of society and stakeholders. However, NGOs can also be lobby groups for corporations, such as the World Economic Forum.

A nonprofit organization (NPO), also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status.

Pro bono publico is a Latin phrase for professional work undertaken voluntarily and without payment. The term typically refers to provision of legal services by legal professionals for people who are unable to afford them.

Corporate social responsibility Form of corporate self-regulation aimed at contributing to social or charitable goals

Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices. While once it was possible to describe CSR as an internal organisational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed and various organisations have used their authority to push it beyond individual or even industry-wide initiatives. While it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels.

Fundraising Process of gathering voluntary contributions of money or other resources

Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.

A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners.

Internal communications

Internal communications (IC) is the function responsible for effective communications among participants within an organization. The scope of the function varies by organization and practitioner, from producing and delivering messages and campaigns on behalf of management, to facilitating two-way dialogue and developing the communication skills of the organization's participants.

Social entrepreneurship Approach to develop, fund and implement solutions to social, cultural, or environmental issues

Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development.

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The following outline is provided as an overview of and topical guide to management:

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Cause marketing is marketing done by a for-profit business that seeks to both increase profits and to better society in accordance with corporate social responsibility, such as by including activist messages in advertising.

Virtual volunteering refers to volunteer activities completed, in whole or in part, using the Internet and a home, school, telecenter, or work computer or other Internet-connected device, such as a smart phone or personal digital assistant (PDA). Virtual volunteering is also known as online volunteering, remote volunteering or e-volunteering. Contributing to free and open source software projects or editing Wikipedia are examples of virtual volunteering.

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Citizen Schools is an American nonprofit organization that partners with middle schools across the United States to expand the learning day for children in low-income communities. Its stated mission is "educating children and strengthening communities". Currently, Citizen Schools serves over 5,000 students and recruits over 4,280 volunteers over 31 program sites in 13 cities across 7 states. The center pieces of the Citizen Schools model are its apprenticeship programs run by volunteers that culminate in public demonstrations called WOW!s, and partnering with some middle schools to expand learning time for students. Citizen Schools offers the AmeriCorps National Teaching Fellowship providing a 2-year paid service opportunity for citizens interested in using their personal talents to enhance life opportunities for middle school students. Fellows in their second year can participate in a residency program operated by one of three university partners to obtain teacher certification in California, Massachusetts and New York. In honor of its 20 anniversary in 2015, Citizen Schools honored 20 alumni of the Fellowship who continue to make a profound impact in the community today.

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Volunteering Unpaid work undertaken freely by individuals as a service to others

Volunteering is a voluntary act of an individual or group freely giving time and labour for community service. Many volunteers are specifically trained in the areas they work, such as medicine, education, or emergency rescue. Others serve on an as-needed basis, such as in response to a natural disaster. Nowadays, one common type of volunteer is volunteer tourism.

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References

  1. "Young Alumni of Dartmouth". Dartmouth College. Archived from the original on 2007-12-20. Retrieved 2008-07-25.
  2. "Celebrating 35 Years of Women at Dartmouth". Dartmouth College. Retrieved 2008-07-25.
  3. Pfeiffer, Sacha (2008-04-12). "More than a helping hand for charities". The Boston Globe. Retrieved 2008-07-15.
  4. "CA Together in the Spotlight". CA Together in the Spotlight. Retrieved 2008-07-22.
  5. Pfeiffer, Sacha (2008-04-12). "More than a helping hand for charities". The Boston Globe. Retrieved 2008-07-15.
  6. Needleman, Sarah E. (2008-04-29). "The Latest Office Perk: Getting Paid to Volunteer". The Wall Street Journal. Retrieved 2008-07-25.
  7. "In Good Company: Fidelity". Boston College Center for Corporate Citizenship. Archived from the original on 2007-12-25. Retrieved 2008-07-25.

See also