Philanthrocapitalism

- Abigail Disney (Daphne Foundation) - Sean Parker (Causes) - Arend Oetker (Oetker Holding) - Edwin Moses (Laureus World Sports Academy) - Moderation: Matthew Bishop (Economist) To offer you a better live coverage during this session I'll focus on Arend Oetker (Oetker Holding) and Edwin Moses (Laureus World Sports Academy). At the same time Oliver Gassner will publish content related to Abigail Disney (Daphne Foundation) Sean Parker (Causes). Matthew Bishop, moderator of this panel, is American Business Editor and New York Bureau Chief for The Economist. Philanthrocapitalism, his new book (with Michael Green) on the global boom in philanthropy, has just been published by Bloomsbury (philanthrocapitalism.net). "An examination of how today's leading philanthropists are revolutionizing the field, using new methods to have a vastly greater impact on the world." In this panel session Matthew will explore philanthropy with the above mentioned DLD panelist. How we can use this engagement of business to address the most pressing problems from climate change to About Edwin Moses: He is the Chairman of the Laureus World Sports Academy. What do they do at Laureus World Sports Academy? - Raise awareness about social illness - Laureus World Sports Awards. Their diversity in sport and supporters created a great team of 48 people. About Arend Oetker: He is the Chairman of the Board of Directors of the Donors' Association for the Promotion of Sciences and Humanities in Germany, Chairman of the German Council on Foreign Relations (DGAP) and Vice-Chairman of the Federation of German Industries (BDI). What do they do? Invest in public and private partners that are motivated and believe in having a strong philanthropic impact. About Abigail Disney: Along with her husband, Pierre Hauser, Abigail is co-Founder and co-President of the Daphne Foundation, a progressive, social change foundation that makes grants to grassroots, community-based organizations working with low-income communities in New York City. What do they do? Support of people that deliver the work. Self sustaining projects in Africa. About Sean Parker: He is the co-founder and Chairman of "Project Agape, or Causes on Facebook, a new network that aims to enable large-scale political and social activism on the Internet. Sean points out: Activism and philanthropy are social activities that started to spread on the web just when the web started to be social. Matthew Bishop: New vocabulary of Philanthropy shows the impact and know that you have been affective with your actions. How do you show/measure that you have been impacting? Edwin Moses (Laureus World Sports Academy) They set up great practices transferring knowledge to different part of the world. They run projects in 32 different countries that have no infrastructure. Through the sport component and founds they help the community. How do you look at your giving? Arend Oetker (Oetker Holding) There's the need of combining the business world with the emotional world. How to do it? - Peer to peer exchange. It's a quality insurance. - Have interchange. The founders meet to each other and exchange ideas and methods. - Engaging with the governments. Generate some movement and push it to understand how the government can jump in and provide help and support Are there any issues? Yes there are. Transparency and trust. For example about funds: Who and how is managing funds? What sponsors/brands/celebrities added to your work? Edwin Moses (Laureus World Sports Academy) At Laureus World Sports Academy they multiplied the 'celebrity effect' by including new dates and stops in new locations. The marketing and media support from their sponsor has been really valuable. It's a good synergy. Note by Sean Parker: Social change (in the social media space) hasn't been integrated yet. It doesn't show up on the radar of mass media. How is this crisis affecting you? Edwin Moses (Laureus World Sports Academy) A contract with a new sponsor will help them to go through this crisis, but the most important thing is to support jobs and education because these are factors that will make innovation sustainable in the long term. Arend Oetker (Oetker Holding) In crisis time people have less money. Entrepreneurs need to come up with a price concept for low income people and find new ways to serve them. This is how entrepreneurs should think. This is the big challenge. Edwin Moses (Laureus World Sports Academy) It's time to do something for helping innocent people that suffer. We need organizations to help.