A NEW BREED OF GIVING
Paul Shoemaker
Executive Director, Seattle Venture Partners
Paul Shoemaker, former group manager, worldwide operations
for Microsoft, says he was just plain lucky to have been with
that technology giant for seven years. As a result, he and
his wife, Lori, both 39, have "not just an obligation
but a fantastic opportunity to give back for the rest of our
lives."
Now he heads an organization that helps people like himself
give their money away effectively. Lori is a family counselor
in a public school. Both are originally from Iowa and he suggests
that it may have been a Midwestern ethic "hard-wired
into us" that made sharing their wealth the natural next
step for them. Further upgrading their lifestyle was not on
their agenda.
The Shoemakers dedicated about 20 percent of their Microsoft
assets to establish a family foundation, and they plan to
contribute more to the foundation in the future. They "look
for things we care about" and make decisions together.
"As time goes on, we'll get a little more strategic,"
Shoemaker says. And they plan to involve their two school-age
children - initially by introducing them to volunteer community
service.
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WORDS
OF ADVICE
"Respect
the core competency of the organization and don't
mess with its mission." |
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The organization Shoemaker directs, Seattle
Venture Partners, is one of the new breed of venture philanthropy
organizations, providing human resources, management, and
accounting help in addition to grants to nonprofit organizations.
SVP also offers philanthropy education to its 260 Partners
in the Seattle area.
The other Partners are, for the most part, people like the
Shoemakers who benefited from the 1990's technology boom.
Some have "cashed out," but two-thirds of them are
still working. All are trying to "move further along"
in philanthropy, and SVP provides them with a community of
peers for doing so, Shoemaker says. "This is definitely
a time of unique opportunity in history. We are in the second
inning of a nine-inning game. The generation of philanthropists
now in their 30s will have given more than any previous generation
by the time they are in their 60s - and they will have given
differently."
Part of giving differently is the venture philanthropy approach
to volunteering and follow up. It should be done very carefully,
he says. For example, SVP matches its Partners who want to
volunteer with organizations that have a need for a Partner's
specific expertise. He urges donors and organizations to jointly
establish measurements for outcomes. And he advises donors
to remember they are in a position of power - one that should
not be abused by inappropriate meddling.
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Jeffrey Skoll
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