Clinton Global Initiative Concludes With $9.4 Billion in Commitments
Author: Philanthropy News Digest
Source: PND Philanthropy News Digest A Service of The Foundation Center, Posted on September 29th, 2009, Clinton Global Initiate Concludes with $9.4 Billion in Commitments, Retrieved September 29th, 2009 from http://www.foundationcenter.org/pnd/news/story.jhtml?id=266900026
Closing the fifth annual meeting of the Clinton Global Initiative on Friday, former President Bill Clinton announced that CGI members had made 284 commitments valued at more than $9.4 billion which, when fully implemented, could improve the lives of 200 million individuals worldwide.
Although meeting organizers said they expected less money to be pledged this year as a result of the global financial crisis, commitments made exceeded the dollar value of commitments made at the 2008 meeting by $1.4 billion. Commitments announced last week included $30 million from the UN Foundation and the Kingdom of Saudi Arabia to help eradicate polio worldwide; $30 million from the Omidyar Network to support global entrepreneurship; $25 million from the Nature Conservancy to help people and natural habitats adapt to the effects of global warming; and $24 million from Women for Women International, Bloomberg Philanthropies, and the NoVo Foundation to support the economic empowerment of women and girls.
In addition, the Rockefeller Foundation committed to support the Global Impact Investing Network, which works to enable more effective impact investing around the world; the Maternal Health Task Force at EngenderHealth, Ashoka, and the Bill & Melinda Gates Foundation committed to support individuals working to reduce maternal death and disability; Right To Play International, ExxonMobil, and the Wasserman Media Group committed to join the United Against Malaria partnership; and PATH and its partners committed to improve the health of more than 800,000 schoolchildren in India by expanding a meal fortification program.
“I think we can say with some certainty that this model actually does work,” Clinton said. “People don’t have to have the same politics, the same religion, or speak the same language to work together and to have an impact. We all have things to learn from each other. What we need is a shared mechanism to achieve common goals.”
President Clinton Announces 2010 Meeting of Clinton Global Initiative University
Author: Clinton Foundation Press Office
Source: Clinton Global Initiative, September 25th, 2009, President Clinton Announces 2010 Meeting of Clinton Global Initiative University (CGI U), Retrieved September 25th, 2009 from http://cgiu.clintonglobalinitiative.org/Page.aspx?pid=3762
September 25th, 2009
For Immediate Release
Contact: Clinton Foundation Press Office
Meeting to be held at the University of Miami, April 16-18, 2010
President Clinton will bring together over 1,200 students, nearly 100 college and university presidents, NGOs, national youth organizations, athletes, and celebrity-activists
New York – As the Fifth Annual Meeting of the Clinton Global Initiative came to a close, President Clinton looked ahead to announce the third meeting of Clinton Global Initiative University (CGI U) to be held at the University of Miami from April 16-18, 2010. Students can apply online at http://www.cgiu.org.
“For the third year in a row, I look forward to building on the success of the Clinton Global Initiative’s Annual Meeting by holding a similar meeting for college students from around the world next spring,” President Clinton said. “To date, nearly 2,000 student commitments have been made, which are impacting hundreds of campuses and communities. I am excited to see what innovative solutions to the world’s most pressing problems students will bring to CGI U in 2010.”
The 2010 CGI U Meeting will convene 1,200 college students, 100 university presidents, as well as leading not-for-profit organizations, social entrepreneurs, and youth leaders. Over the three-day meeting, attendees will participate in forums and working sessions to formulate new ways to make a difference. On the final day, CGI U Meeting attendees, in collaboration with the University of Miami, will participate in a wide range of community service activities.
CGI U builds on the successful model of the Clinton Global Initiative (CGI) by engaging the future generation of global changemakers. The mission of CGI U calls upon college students, university presidents, and leaders of the nonprofit community to address global challenges in the areas of education, environment and climate change, peace and human rights, poverty alleviation, and public health.
All CGI U Meeting attendees make a Commitment to Action – a comprehensive, formal plan of action to address a specific problem on their campus, in their community, or abroad. While a commitment is a requirement for participation at the meeting, just like at the Annual Meeting of the Clinton Global Initiative, any college student or university can make a commitment throughout the year at www.cgiu.org. Since the inception of CGI U, nearly 2,000 commitments have been made by students and universities worldwide.
The early deadline for applicants is November 20, 2009, and the final application deadline is February 1, 2010. Applications will be processed on a rolling basis, and students are encouraged to apply early. Applying and attending the meeting are free for accepted students.
What: Third Clinton Global Initiative University Meeting
Who: President Bill Clinton
Donna Shalala, President of University of Miami,
1,200 college students, college and university presidents, and leaders from government, academia, and non-governmental organizations, including university administrators, social entrepreneurs, youth leaders, and prominent philanthropists
Where: The University of Miami Coral Gables, Florida 33124
When: April 16-18, 2010
About the Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI) brings together a community of global leaders to devise and implement innovative solutions to some of the world’s most pressing challenges. Since 2005, CGI Annual Meetings have brought together more than 100 current and former heads of state, 10 of the last 16 Nobel Peace Prize Laureates, hundreds of leading CEOs, heads of foundations, major philanthropists, directors of the most effective nongovernmental organizations, and prominent members of the media. The Fifth Annual Meeting was held September 22-25, 2009 in New York City. To learn more, visit www.clintonglobalinitiative.org.
Clinton Summit Adds Gender Issues, Lures Obama, Lloyd Blankfein
Author: Patrick Cole
Source: Bloomberg.com, September 22nd, 2009, Clinton Summit Adds Gender Issues, Lures Obama, Lloyd Blankfein, Retrieved September 23rd, 2009 from http://www.bloomberg.com/apps/news?pid=20601087&sid=ax3VTW2Ykpt0
Sept. 22 (Bloomberg) — Even before former President Bill Clinton secured the release of two U.S. journalists from North Korea this summer, his Clinton Global Initiative had put him back on the world stage as a major player in philanthropy.
The initiative brings together people with clout and money to develop solutions for world problems. Since 2005, its four- day annual summits have helped create $46 billion in funding commitments for causes ranging from education and environmental assistance to climate change and health care.
This year’s meeting, which begins today at the Sheraton New York Hotel & Towers, has drawn political and business leaders such as Goldman, Sachs & Co. Chief Executive Officer and Chairman Lloyd Blankfein and World Bank Group President Robert Zoellick. President Barack Obama will address the opening session. The new theme added to the 2009 meeting is investing in women and girls to narrow the gender gap.
“In all the world there is only one strategy which clearly slows population growth, raises income and promotes more social stability that is supported across all religious and cultural lines,” Clinton, 63, said in an interview at Bloomberg News headquarters. “And that is putting all the girls in school and giving all the young women access to the labor market.”
The summit attracts an eclectic mix of world leaders, public-policy experts and artists. Participants this year will include more than 60 former and current heads of state; former United Nations Secretary-General Kofi Annan; JPMorgan Chase & Co. Chairman Jamie Dimon; Grameen Bank founder and 2006 Nobel Peace Prize recipient Muhammad Yunus; musicians Alicia Keys and Quincy Jones; and actors Brad Pitt, Demi Moore and Julia Ormond.
‘Attention and Pizzazz’
“The most important thing the initiative has done is get a lot of attention and pizzazz to raise a lot of money for causes,” Leslie Lenkowsky, professor of philanthropic studies at the Center on Philanthropy at Indiana University, said in a phone interview. “It’s like a fundraising dinner you go to at your alma mater but on a much grander scale.”
Started in 2005 by the former president’s Little Rock, Arkansas-based William J. Clinton Foundation, the Global Initiative is geared to showing results. This year’s participants are expected to discuss topics such as improving infrastructure, harnessing innovation, global health, climate change and the added theme of the gender gap.
‘The Whole Family’
“When you’re looking at the issue of women and girls, you’re using that as a way to talk about the whole family,” Melissa Berman, president and chief executive officer of Rockefeller Philanthropy Advisors in New York, said in a phone interview. “You’re talking about the way they help with livelihood, health and education and you’re also talking about human rights.”
Clinton demands that discussion leads to results, and some commitments are worked out in advance. The Global Initiative plans to announce Wednesday, for instance, that Visa Inc., which promised last year to reach 10 million parents and children with a financial literacy program, will double that number worldwide by 2013.
Visa is partnering with Europe’s International Federation of Association Football (known as FIFA), the National Football League in the U.S., NYSE Euronext and other groups to create Financial Football, a Web-based game that teaches personal finance using football and soccer as teaching tools.
“Its fundamental character is minimum speeches, maximum conversation results in a commitment from everyone,” Clinton said about the meeting. “If you don’t make a commitment or you make one and don’t keep it, you don’t get to come back. That’s what started it, that’s what makes it run.”
$17 Million Lost
To boost financial support for his foundation, Clinton’s staff is seeking a wider range of donors including smaller ones. Clinton has agreed not to solicit funds for his Global Initiative and to disclose donations to his nonprofit to the Obama administration yearly. At least $41 million in donations have come from foreign governments such as Saudi Arabia and Norway.
Clinton said his foundation lost $17 million in committed contributions from the collapse of Lehman Brothers Holdings Inc. last September through the end of 2008. The foundation covered the loss with its cash reserves, he said.
“The rest of us have been killing ourselves since then trying to make sure we could continue running the show,” said Clinton, whose foundation has received gifts of $150 or less from 200,000 donors. “It’s been a very rigorous year, but we’ve changed our donor base. A lot of people get it that this work needs to be done.”