A Lasting Impact

By: Grace Berry, BBA ’16

Philanthropy. I had heard this word tossed around as I grew up in a community that valued volunteering and giving time to help others, but I never gave it much thought other than knowing I was helping people who had less than me. In their book Understanding Philanthrop, Robert Payton and Michael Moody make an accurate statement when they say, “There are few things that affect as many aspects of our lives as philanthropy, and yet there are few that are less understood.” This is true of me – though philanthropy has been present throughout my life, through taking the philanthropy class I have already been challenged to think critically about what it means to “do good” for the public.

Earlier this week our class read through excerpts from different organizations’ mission statements. We focused on certain phrases that stood out to us in order to begin laying the foundation for our own foundational purpose. Among others, the commitment to “improve lives through a lasting impact” resonated with me. As I contemplate the purpose of philanthropy, I see more clearly that one of the goals should be to empower the community. What does having a “lasting impact” look like? Gunderman touched on this subject saying that instead of redistributing wealth, we should strive instead to create wealth. Redistributing gives the idea that there is a finite amount of resources. We can give our money, skills, and time to a local charity, but at the end of the day, what did we accomplish? Lao-Tse said, “Give a man a fish, you feed him for a day. Teach him to fish, and you feed him for a life-time.” Yes, we might have provided a meal for people struggling to find the means to feed themselves, but could we do more? Could we, perhaps, find a way to help people more than temporary sustenance?

Last summer I visited Casa Del Aguila, an orphanage located on the outskirts of the Andes near Cusco, Peru. In addition to providing food and shelter to orphaned children, CDA educates them, and gives them first hand experience with farming, as well as teaches them other crucial skills. CDA is equipping the children. When they become old enough to live on their own, they will do more than just survive. They will thrive. What CDA is doing will have a lasting impact on them.

After being exposed to this organization, I started to look at non-profits with a different perspective. When I volunteer or donate money, I want to know how those resources will be used. Through the philanthropy course, I look forward to continuing to broaden my perspective of philanthropy, learning about organizations in Waco, and how they are seeking to “expand the pie,” creating wealth with the resources they have – how they are striving to have a lasting impact on people in the community.

 

Grace is a senior pre-med Business Fellow, with minors in German and Biochemistry. She grew up in San Antonio, TX, and calls Vail, CO her second home, where she and her family of nine love biking, hiking, skiing and snowboarding. Other interests include traveling, music, and coffee.

Mission Development

By: Elayne Allen, BA 2017

Our class finished sharing our philanthropic biographies today. I realized that each person carries a distinct background  in addition to varying interest areas of philanthropy. Some expressed passion for economic development, and others were interested in education and health, to name a few. As I listened to the wide variety of philanthropic interests in the room, I realized that our diversity would be a significant asset as the class decides how to distribute the money.

I also think our diverse experiences and interests will be an asset in developing our mission statement. Developing a mission statement is an essential step in the process of grant making because it provides a goal or an end towards which we strive. It gives the class a concrete sense of direction as we contemplate how we will use the money. With that being said, on Tuesday the class began a loose development of our mission. We looked at other foundations’ mission statements, including local, state, national, religious, and nonreligious foundations. We discussed using the following terminology in our mission statement: “lasting impact, promoting solutions, innovative, emerging, geographic, partnership, wise stewardship of resources, integration of a faith aspect, our commitment, impact on individuals. “

After the discussion of the potential elements of our mission statement, I feel enthusiastic about the direction it is going. Many of my classmates expressed a desire for our work this semester to have a lasting impact. This aspect of philanthropy resonates with me personally because of the work I did over the summer. I interned with the United States House Committee on Ways and Means with the Subcommittee on Social Security, and I had the opportunity to learn a lot about Social Security Disability Insurance. The Disability Insurance program is essential for keeping Americans with disabilities out of poverty. However, due to complex program rules, a lot of people with disabilities who could and want employment do not work or work less than they want to because of they would lose their benefits. Thus, the inefficient program rules actually hurt the 40 percent of Disability Insurance recipients who want to work. A lot of money is involved in the Disability Insurance program, and it is unfortunate that it is not used more effectively.

It is extremely difficult to enact change in the federal government. However, my classmates and I have an opportunity to distribute grants in a way that has a lasting impact. I look forward not only to the process of developing a mission with my classmates but also to fulfilling that mission. In doing so, I am excited to learn more about Waco and the people who work to make it a stronger community.

Elayne is a University Scholar with a focus in Political Philosophy. She moved around the United States when she was younger, living California, Florida, Virginia, Texas, Alabama, and Washington State. She aspires to work in political communications in Washington DC, perhaps for a member of Congress.