Weekly News Recap: September 8, 2017

The Emily Carr University of Art and Design is located at East 1st Ave, just off Great Northern Way in Vancouver, BC. (Emily Carr University)

If you don't like how things are, move. You're not a tree. - Jim Rohn

Teachers and teaching

  • The Extraordinary Case of Mr Yamazaki (Medium) If only this was real. This post is an excellent piece of fiction but it is also the most inspiring post I have read in two years. As our children made their way back to school this week, we need to celebrate teachers and teaching. Mr. Yaazaki does both. Enjoy. 9/3/17

Harvey - Week 2

  • A Smarter Response: The Center for Disaster Philanthropy Looks to Leverage Donor Dollars (Inside Philanthropy) This article showcases a small but mighty nonprofit whose emerging role is critical to the long-term rebuilding of communities after a disaster. I have been following them for a while -- they are doing terrific work. "Many of you may have seen the prompts from Google and Facebook to donate to Hurricane Harvey recovery. What you may not have noticed is that the recipient of those funds was a small nonprofit based in Washington, D.C., called the Center for Disaster Philanthropy. The center hopes to satisfy the public’s need to help in the immediate aftermath of a disaster and temper it with the knowledge that recovery lasts well after donations dry up. About 70 to 80 percent of money donated in the wake of a disaster goes to near-term relief. But disaster recovery always requires long-term, sustained work." 9/4/17
  • Leonardo DiCaprio Makes $1 Million Donation to Hurricane Harvey Victims (People) "Leonardo DiCaprio is lending his support to the people devastated by the massive floods following Hurricane Harvey. The actor made a $1 million donation through his Leonardo DiCaprio Foundation to kickstart the United Way’s Harvey Recovery Fund. The fund will distribute 100 percent of donations for recovery in the affected areas in Southeastern Texas and Southwestern Louisiana." 8/31/17
  • Kohl's doubles disaster-relief contribution to Red Cross; will donate $1 million (Journal Sentinel) "Kohl’s Corp. [has] doubled its previously announced donation to the American Red Cross in the wake of the hurricane-generated flooding that has devastated the Texas and Louisiana Gulf Coast, bringing the company’s contribution to relief efforts to $1 million." The Kohl's Corporation is an American department store retailing chain. The first Kohl's store was a corner grocery store opened in Milwaukee, Wisconsin in 1927. 8/31/17
  • Trump to donate $1 million to Texas recovery (CNN) Kudos to you Mr. President. "President Donald Trump will donate $1 million of his fortune to recovery efforts in Texas, though the White House says he hasn't determined which group or groups will receive the contribution." 8/31/17

News

  • MacEwan University defrauded of $11.8M in online phishing scam (CBC) EDMONTON STORY "An Edmonton university was defrauded of $11.8 million after staff failed to call one of its vendors to verify whether emails requesting a change in banking information were legitimate. MacEwan University discovered the fraud on Aug. 23 after the legitimate vendor, a construction company, called to ask why it hadn't been paid." 8/31/17
  • How MacEwan University got duped out of $11.8 million by scammers (Macleans) EDMONTON STORY Honestly, this could have happened to anyone. The scale of this attack has caught international attention because of the size of the scam. It is possible that the school will recover most of these funds but it is not guaranteed. 8/31/17

Naming rights

  • Scotiabank pays big for arena naming rights, but did it break the bank? (CBC) CANADIAN STORY This is a discussion that is going on across the sector. Opinions from lots of quarters including those who say that sponsorship naming rights have no real positive (or negative) effect on a company’s bottom line to those who note that awareness related naming rights improves the likelihood of someone using the company’s services by a factor of 3.5. In my experience, the brand alignment (and the commensurate uptick in goodwill for both brands) that occurs during a high profile sponsorship or philanthropic naming has almost always been positive — in most cases, very positive. That being said, translating that into dollars and cents related to business growth is harder to quantify and $800 million is a lot of dollars and cents. 9/4/17

Life and career hacks

A little Friday tongue and cheek

Trends and shifts

Large gifts

  • Bowdoin receives $10 million donation for Coastal Studies Center (Press Herald) "An Apple executive and his wife have donated $10 million to Bowdoin College to expand the private school’s Coastal Studies Center in Harpswell. The gift is from Philip Schiller and Kim Gassett-Schiller of Half Moon Bay, California, whose son graduated from Bowdoin last year, college officials said Wednesday. Philip Schiller is senior vice president of worldwide marketing at Apple Inc. The money will be used for a new lab, a conference center, housing and dining facilities at the center, which is located on 118 acres on Orr’s Island." Bowdoin College is a private liberal arts college located in Brunswick, Maine.9/6/17
  • Babson College gets $36 million donation from alumnus (Boston Herald) "Babson College has received a $36 million donation that will be used to build a new 10,000-square-foot building on campus. The gift comes from alumnus Robert Weissman and his wife, Jan, who have now donated a total of $100 million to the private business school in Wellesley." Babson College is a private business school in Wellesley, Massachusetts. 9/6/17
  • UCLA law school to create trial advocacy program with $1M donation (The Daily Bruin) "The UCLA School of Law is creating a new trial advocacy program following a $1 million donation from one of its alumni. A. Barry Cappello’s donation is funding the A. Barry Cappello Program in Trial Advocacy, a program that provides training to students interested in becoming trial advocates, and will offer more scholarships for students pursuing careers as trial attorneys [...]." And what is trial advocacy you ask? I did as well. According to Wikipedia: Trial advocacy is the branch of knowledge concerned with making attorneys and other advocates more effective in trial proceedings. Trial advocacy is taught in primary, secondary, and undergraduate schools (usually associated with a mock trial elective). Now you know. 9/4/17
  • American woman promises $22 million donation to German zoo (Fox News) This gift is from a 93-year-old widow of a Holocaust survivor. "German-born Elizabeth Reichert told the local Koelner Stadt-Anzeiger newspaper it was her late husband Arnulf's wish to donate the money to the Cologne zoo." Wow! Just wow! 9/1/17

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