Keeping my promise to regularly update you on my professional activities, any progress made or impact achieved, please find it below 2020 Operating Highlights of M. Ciuzelis Charity Foundation.
Looking back on 2020, we can say that it was a record-breaking year. Sounds controversial, but the global pandemic and the lockdown have shown us once again that emotional support is as equally important to older people as physical help is. In the Silver Line we noticed the increased need to take care of the emotional wellbeing of older people, and our partners confirmed that this topic is relevant to many.
Briefly, 2020 can be summarized as follows:
> in 2020, 1,545 happy pairs (+38% vs 2019) of befrienders communicated regularly at the Silver Line, and since the beginning in 2016, we have found a telephone friend, provided emotional support or informational assistance to more than 3,600 elderly people.
> Last year they all together enjoyed 12,000 quality talk hours and had a total number of 31,373 calls (+71% vs 2019), including 20,714 befriending conversations (+77% vs 2019) and 10,659 emotional support calls (+61% vs 2019). This clearly proves how important the human relationship and communication is to each of us.
> On average, 856 phone calls per month were answered on a toll-free number 8 800 800 20. In April, 2020, the number skyrocketed to 1,491 calls.
> 610 active volunteers communicate with their old age friends every week; in total, almost 1,100 people have already volunteered at the Silver Line since it was launched.
> Our team grew up to 11 professionals, responsible for the successful operation of the Foundation and the wellbeing of elderly people.
> The circle of sponsors and supporters of our mission kept rapidly growing.
For more on The Touch of the Pandemic, Recognitions, Partnerships and Funding please read here:
Even though 2020 was a record-breaking year for us, we do believe that the best is yet to come. We would like to live up to the day when social exclusion and isolation of the elderly will be only remembered as a bad dream, and older people will be enjoying a full life again.
We look forward to celebrating that day together with you.
What is the Spectrum of Impact Investing Approaches?
Given the field’s growth and increased number of actors, the last ten years have also seen a proliferation of definitions and terminology related to impact investing. In fact, strong opinions prevail regarding whether or not the term “impact investing” is the best to capture this field. While some prefer mission-related investing or sustainable/responsible investing, still impact investing is most commonly used.
Rather than arguing about the terms, let's discuss three approaches and one overarching strategy to describe impact investor practices. Depending on who you are—and your goals and capacity—you may have the resources and willingness for some but not all of these approaches. See the image of the home as a good metaphor for describing these approaches to managing and being accountable for your assets.
Clean Up: This approach reflects the belief that your assets should align with your values, and by holding or divesting specific assets you can increase that alignment and express your values. For example: Clean and remove toxins.
Renovate: In this approach, you select assets based on specific investment criteria that define eligible and ineligible investments with the goal of incorporating the positive and negative externalities into your investment decision. For example: Paint your house.
Add a Room: By picking a specific theme, you are using your capital to drive the generation of a specific environmental or social impact. For example: Add a new addition to your house.
Manage and Measure: This overarching strategy is to continuously measure and manage the positive and negative impact of your assets and respond to new data and events. You will track the emergence of new environmental and social movements, as they become impact investment products. For example: Maintain and repair your roof.
Rockefeller Philanthropy Advisors yesterday published its handbook for impact investors, a refresh of a guide they first published ten years ago, a lifetime ago in impact investing. It is a comprehensive (182 pages) guide to the nuts and bolts of impact investing, with some help from a 45-year old avatar investor named Sophia.
With so many people now trying to get themselves oriented in investing their money for social and environmental impact, it is excellent to have a fully updated primer for beginners, and a reference book for the more experienced.
The Handbook is available (for free) at: https://lnkd.in/dH8qK7U
Impact investing is becoming an increasing panacea among investors. I don't rule out that this will soon become not only an exclusive privilege for the "big boys", but will spread to retail investors, regardless of their portfolio size. After all, today you can invest with or for the social impact having just a few hundreds on hand.
I spent a good hour listening to UK social impact start-ups pitches to investors. Some turned out to be quite interesting, others a little too far ideologically or even geographically (yes, it still influences). But without exception, everyone's conclusion was one you want to write in capital letters:
GIVING * IS A NEW MARKETING.
* In the broadest context of this word: from the implementation of social responsibility strategies through the support of selected social initiatives to direct investment with or for social impact with or without financial return.
Fun fact: this year, the fingers of one hand are not enough to count the requests received by M. Čiuželio labdaros ir paramos fondas (M. Ciuzelis Charity Foundation) from various business entities for publicity in exchange for the support provided. Do you feel the difference? Not us who go and ask for the support, but vice versa. This is a direct reflection of the conclusion in capital letters.