If someone would have told me two years ago that I would be writing a blog introducing my family foundation and voicing my opinion on next generation philanthropy, I probably never would have believed them. See, two years ago, I was an eager UC Santa Barbara grad with a degree in communications ready to make my mark in the traditional fashion/publishing industry (which I had originally considered to be my ideal career path). After having many solid internships in New York City, I had scored my ideal “dream job” working at Self magazine within the Condé Nast group a month after graduating.
I had certainly always known about the family foundation my parents started back in 2006 when my dad sold his investment services company. I had attended some board meetings and participated in various events, but I was so laser focused on what I thought the fashion and media world had to offer, that I just figured I would take a greater involvement in the foundation later down the road. Never at my age, had I stopped to consider being more deeply involved now; I was under the misconception that philanthropy was for the older generation. Once I had become established in my career – that was when I was going to give back. Boy was I wrong…
It wasn’t until October 2013, that I had an experience that completely and totally blew my mind. Every year, my parents co-convene this really amazing five day retreat in Ixtapa, Mexico, called the Opportunity Collaboration. The retreat brings together world-class philanthropists, social entrepreneurs, non-profit leaders, and impact investors all around the intent to inspire people to discuss issues revolving around global poverty. I attended for my first time two years ago, not knowing at all what to expect, but was truly in awe by the incredible people that I met, the thought-provoking conversations that I had, and the exposure I gained to all of this amazing work that was being done in social entrepreneurship, poverty alleviation, impact investing, and other sectors that I was not very familiar with. Work not only being done by the “older generation” as I had previously thought, but important and impactful work being done by millennials just like myself. I didn’t know much about this new world yet – but I knew I wanted to be a part of it.
I came back to New York after the Collaboration that October with a slightly different outlook on life, more motivated, more inspired. All of the sudden, my “ever so exciting” day job, didn’t quite seem as fulfilling and rewarding as it once was. My goal to sell a $200k one-page advertisement, which I just heard that same amount could build eight schools in Africa, put things in perspective for me. That’s when things really started to change. When fetching my boss’ daily cup of coffee, I would question “Is this fair trade? How were the workers treated?” When running clothing samples back and forth between the showrooms I started wondering “Where did this come from? How was it made?” All questions I would have never even thought to ponder before that monumental week. Questions that went beyond the surface level of “What pop culture scandal is trending next?” and “Who wore what best?” That’s when I started asking the personal questions like “What gave me purpose, what had meaning? Had my dream career aspiration really changed?”
Though definitely a very confusing and transformational time, with the unconditional support of my family and friends, I made the tough decision to leave my “dream job” at Condé Nast and transition into working for my family foundation full-time as Vice Chair early last year. Though I had absolutely no idea what I was getting myself into or what exactly my role entailed, I rolled up my sleeves, dove in head first and never looked back. One year later, I can confidently say that this decision has completely changed my life trajectory for the better. Along with my parents, we have a small team of millennials who have really started to run and formalize the Foundation. This includes doing everything from reviewing grant applications and conducting our own site visits and due diligence trips for both our investment and grantee partners, to developing new key initiatives, a strategic plan and building the all-around greater vision for the family. A vision focused on empowering women and girls worldwide as well as connecting, equipping and catalyzing the next generation of social entrepreneurs.
We have this really unique opportunity to define where we want the foundation to go and how we really want to have impact. We have this motto of the 3C’s “connect, convene, catalyze” and for us it’s about more than just giving grants and in our case making impact investments as well, but we really look to engage with our partners and the sector at large in order to inspire others to join us in our philanthropic mission. Through this blog, I hope to inspire the next generation by not only sharing stories and examples of the work that I am involved with, but also by sharing insights into what is trending in philanthropy today.
One example that I would like to share, which is appropriately aligned with Colleen’s most recent travel destination, is our post-OC house build trip in Mexico City. Last October, off the heels of an inspiring week of conversations and learnings in Ixtapa, a group of 10 of us highly motivated millennials decided to join Techo in their mission to overcome extreme poverty in slums through joint action, training and volunteering. For two full days, we spent time with a family and worked tirelessly building them a 162 square foot pre-fabricated module home. Through this process, there was an emphasis on not only the traditional construction of the home, but also on the construction of a link of trust between the volunteers and the community in creating a concrete, tangible, and achievable solution to poverty together. It wasn’t just about building the physical houses for people, but more geared towards empowering people to care and help others in an effort to build empathy. It was such a fulfilling and rewarding experience as I believe that empathy is extremely important, especially in the philanthropic sector, because it fosters a true sense of community and connection with the world around you and the people in it.
As my friend Colleen continues on the exciting journey of Big Shared World, I look forward to following her adventure, and sharing through these posts my voice on the changing face of philanthropy, the principles of impact investing, and everything else social good 🙂