Join the MIT Enterprise Forum of the Northwest on September 24th for a dinner program on Social Entrepreneurship, a topic that is attracting growing amounts of talent, money, and attention. But along with its increasing popularity has come less certainty about what exactly a social entrepreneur is and does.
Our discussion will explore:
· What defines a social entrepreneur
· Discovering funding sources for social enterprises
· Best practices for working with foundations
· Strategies for developing and implementing a corporate social responsibility plan
Discover the many ways entrepreneurs and businesses can impact society through their for-profit enterprises with moderator Kent Norton, Chairman and CEO of The Starfish Television Network, as he leads a lively dialogue with experts on the topic including:
· Ann Kelly, Partner, Global Philanthropy Group
· Monty Montoya, President and CEO of SightLife
· Randall Ottinger, Partner of LMR Advisors and author of Beyond Success
More about our moderator and panelists…
Moderator
D. Kent Norton, Chairman and CEO, Starfish Television Network Foundation
Kent is currently Chairman and CEO of the Starfish Television Network Foundation, which is operating and developing America’s first public service satellite and cable television channel for the benefit of various charities, foundations and other non-profit and philanthropic interests.
Born and raised in Ogden, Utah (Ogden High School, 1969), Kent Norton attended the University of Utah on a Presidential Scholarship and graduated magna cum laude in 1975 with a Bachelor of Science degree in Organizational Communications. He was a member of the Alpha Tau Chapter of Pi Kappa Alpha Fraternity, and the National Honor Society. He received his Juris Doctorate from the J. Reuben Clark Law School at Brigham Young University in 1978. He is a member of the Utah State Bar Association and was admitted to practice before the United States Supreme Court in 1987. He practiced law with the Salt Lake City firm of Backman, Clark and Marsh. Thereafter he chose to pursue a variety of real estate and small business development ventures.
For thirty two years Kent was seen as the weekend weathercaster on the NBC affiliate for the intermountain area, KSL TV5. He has given considerable time and effort to numerous charities and other public service commitments, as director or trustee and also as master of ceremonies for many fund-raising and recognition events. These include the Utah Division of the American Cancer Society, the Children’s Miracle Network, the annual Easter Seals Telethon, the Deseret News / KSL Sterling Scholar Awards, and Operation Kids. He has served as one of the managing directors of The Sutherland Institute, a Utah-based public policy think-tank.
Kent and his wife, the former Jane Marie Ashton (also a U of U alum, class of ’75) met at the U, and are the parents of three daughters and one son. The Nortons make their home in Holladay, Utah and enjoy travel, especially in the context of their role as grandparents of five.
Panelists
Monty Montoya, President and CEO, SightLife
Monty Montoya pursues the world-wide eradication of cornea blindness with a passion. In the world of cornea transplantation and eye banking, he is considered a true social humanitarian who doesn’t shy away from risk in the pursuit of excellence and innovation. His ambition is focused, simple and singular: Eliminate corneal blindness at a global level.
Monty is President and CEO of SightLife, the largest and most respected cornea recovery and processing organization in the US. Under Monty’s leadership, SightLife’s growth burgeoned from a modest $3 million to over $10 million in five years with over $4 million reinvested back into sight related programs for low-income populations in the Pacific Northwest. Internationally, SightLife’s influence in tissue distribution, in technical training, and in the development of eye bank systems grew from five countries to over forty countries.
Monty serves on several National and International Boards. In 2005 he received The Puget Sound’s 40 Under 40 award. He holds a BS degree from Arizona State University and a MBA from Duke University.
Mr. Randall J. Ottinger, Partner, LMR Advisors and author of Beyond Success
Mr. Ottinger has over 25 years experience in finance, social enterprise and strategic philanthropy. He is the author of Beyond Success: Building a personal, financial and philanthropic legacy, which is based on three years of intensive study of best wealth, philanthropy and generational family practices. He is in the process of developing the Beyond Success Legacy Planning Process to help others identify their philanthropic passion and achieve their personal legacy goals. Joel Fleishman, Professor of Law and Public Policy at Duke University, claims, "Ottinger has succeeded in producing the best available how-to-do-it playbook for those with any substantial amount of wealth who are grappling with some of the toughest questions anyone ever faces".
Mr. Ottinger is the founder of LMR Advisors, which grew out of more than 25 years of experience in social entrepreneurship and strategic philanthropy. He is founder of the Wealth Impact Network (WIN), a social enterprise developing a market-based approach to philanthropy based on Mr. Ottinger's work on the application of portfolio theory to philanthropy. Prior to starting WIN, Mr. Ottinger was involved in the private bank of Bank of America advising large family offices. Mr. Ottinger spent more than 20 years as an executive in high tech companies, while at the same time acting as a key executive of the Ottinger-Heath Family Office and Co-Chairman of the Ottinger Foundation. Mr. Ottinger has a B.A. from Cornell University and an MBA from Harvard Business School. He is a member of Young President's Organization, Social Venture Partners and Advisors In Philanthropy, and has served on numerous non-profit boards. He lives in Seattle with his wife and three children.
Published Works
Mr. Ottinger has written and published a number of papers on social entrepreneurship, philanthropy and legacy.
· "Private Profits, Public Gain" - Written in 1991 for the Points of Light Foundation this white paper outlines best CSR practices based on a study of leading companies with clear social strategies.
· Stanford SSIR article, "Portfolio Philanthropy" - Written in 2006 and published at Stanford in the fall of 2007, this paper describes a strategic approach to philanthropy based on portfolio theory developed for finance by nobel prize winner Harry Markowitz, and used in practice by Michael Milken in the area of prostate cancer.
· Beyond Success: Building a personal, financial and philanthropic legacy - Mr. Ottinger has just finished a book based on three years of study of best wealth, philanthropy and generational family practices to be published by McGraw Hill in the fall of 2007.
Ann Kelly, Partner, Global Philanthropy Group
Ann has broad experience providing strategy consulting services to a range of private and public sector clients. She most recently worked as a strategic advisor to the Bill and Melinda Gates Foundation on public school education. She also provided M&A and transactional advice to a number of healthcare companies.
As a Partner with Lake Partners Strategy Consultants, Ann managed the proprietary research efforts for a large scale investment client. Projects included developing strategic plans for investment opportunities, analysis of public policy initiatives and impact on private sector investments, and analysis of investment opportunities in emerging international markets.
Prior to joining Lake Partners, Ann provided strategic consulting services as a consultant for both Dean & Company and Strategic Planning Associates (now Oliver Wyman) firms, both in Washington, D.C. She worked in the Corporate Development groups at Artisan Entertainment (now part of Lions Gate) in Los Angeles and MCI (now part of Verizon) in Washington D.C.
Ann served as the Special Projects & Outreach Coordinator for the 2006 Harold Ford for U.S. Senate campaign and serves on the executive board of a federal political action committee supporting candidates for U.S. Senate. She is a Vice President of the Harvard Business School Alumni Board and a trustee of the Seattle Repertory Theatre. Ann graduated magna cum laude from Princeton University and received her MBA with distinction from the Harvard Business School.
