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ATTENTION STUDENTS: Day in Durham, August 27th!

Martin EakesMartin Eakes

Come join us for Fuqua’s annual orientation to the Durham community on Saturday, August 27th, 12:00-4:00pm! Enjoy time with your fellow students while learning how to use your business skills in the local community. RSVP by Friday, August 19th (details below).

The event kicks off at noon in the Fox Center with a box lunch and keynote speaker Martin Eakes, nationally-recognized leader in the field of community development finance, founder and CEO of Self-Help credit union. Self-Help has assets of about $1B, largely in the form of home mortgages and small business loans. In a feature story on the front page of the Money & Investing section on July 12th, 2005, The Wall Street Journal described Mr. Eakes’ role as an influential figure in the $8 trillion home-mortgage industry. “When Martin Eakes Speaks, Citigroup Listens,” declared the headline. Please show up a little early to pick up your box lunch and get a good seat (11:30-11:45am).

Following the keynote speech, students will board buses and head out into Durham neighborhoods on three separate itineraries, each of which will include presentations from community and nonprofit leaders to introduce students to the issues facing the organizations and communities. Additionally, students will learn first-hand about opportunities for MBA student volunteer involvement during the academic year.

Duke/Durham MapFeatured organizations will include:

Itinerary A:

  • Duke-Durham Neighborhood Partnership
  • Emily Krzyzewski Family LIFE Center
  • West End Collaborative / Pauli Murray Place (Durham Community Land Trustees, Habitat for Humanity, Self-Help, Southwest Central Durham Quality of Life Project)
  • Community Family Life & Recreation Center at Lyon Park (Calvary Ministries of the West End Community)

Itinerary B:

  • Triangle Residential Options for Substance Abusers (TROSA)

Itinerary C:

  • El Centro Hispano
  • Latino Community Credit Union
  • SeeSaw Studio

Buses will return to Fuqua by 4:00pm. This event is organized by the Social Impact Club (SIC) and the Center for the Advancement of Social Entrepreneurship (CASE).

RSVP by August 19th!

First year students may sign up at the Fuqua activities fair or RSVP to CASE Program Coordinator Pam Wilson at pwilson@duke.edu or to SIC Community Involvement co-chair Lauren Gardner at llg8@duke.edu. Please indicate your name, T-shirt size, and first and second choice of itinerary (A, B, or C above). Also, please let us know if you have any dietary restrictions.

We have a limited number of spots available for second years to participate in the full event; please contact Pam Wilson. The entire Fuqua community is welcome to attend the keynote speech by Martin Eakes.

This event is made possible through the generous sponsorship of General Motors and Johnson & Johnson. Additional support was provided by Honest Tea, the Duke Graduate and Professional Student Council, Fox Student Center Catering, and the Duke-Durham Neighborhood Partnership.

City Year and Timberland Leaders to Speak at the 2005 Coach K & Fuqua School of Business Conference on Leadership

Timberland logoOn Tuesday, October 18, CASE and the Fuqua/Coach K Center of Leadership & Ethics (COLE) will host a panel discussion on “Creating Shared Purpose through Corporate-Nonprofit Partnerships” as part of the 2005 Coach K and Fuqua School of Business Conference on Leadership. Michael Brown, President and Co-Founder of City Year, Inc., and Carolyn Casey, Senior Director, External Affairs at The Timberland Company, will join CASE Faculty Director Greg Dees for a lively discussion drawing lessons from the innovative City Year-Timberland partnership.

CIty Year logoTimberland is well known for its strong values and ethic of service. These values create a bond among its many stakeholders: employees, customers, suppliers, investors, and the communities in which Timberland operates. Moreover, these values are often cited as a crucial factor in Timberland’s success. However, they have not been developed unilaterally. Timberland’s close partnership with City Year has played a key role. A pioneer in the field of youth service, City Year has long had its own reputation for crafting a strong and distinctive culture among its staff and corps members. It also has a reputation for building close, interactive, strategic relationships with its corporate sponsors. In this session, we will explore how City Year has been able to help Timberland enrich and deepen the sense of shared purpose among its stakeholders. It should be useful for business executives are interested in building a strong culture and sense of community among their different stakeholders, as well as for nonprofit executives who are thinking about ways to create mutually beneficial partnerships with companies.

This annual leadership conference, convened by COLE and hosted by Fuqua, Duke Athletics, Duke Corporate Education, and The Kenan Institute for Ethics, is a national executive leadership development program. The theme for the 2005 conference is “Building Organizational Community: Cultivating Shared Purpose, Ownership, and Success.” Other speakers for the 2005 conference include Myles Brand, President, National College Athletics Association; Alfred Edmond, Editor-in-Chief, Black Enterprise Magazine; Gail Lione, General Counsel, Harley-Davidson; Gary G. Lynch, Chief Legal Counsel, Morgan Stanley; Robert Mallett, Sr. VP of Corporate Philanthropy and the Pfizer Foundation; James H. Quigley, CEO, Deloitte & Touche USA; Tom Stewart, Editor, Harvard Business Review and Judy Woodruff, Anchor, CNN.

For more information and to register, please visit www.conferenceonleadership.com.

Teach for America Founder Wendy Kopp Receives CASE Award

Fuqua Dean Doug Breeden presents the 2005 Leadership in Social Entrepreneurship Award to Wendy Kopp, Founder and CEO of Teach for AmericaFuqua Dean Doug Breeden presents the 2005 Leadership in Social Entrepreneurship Award to Wendy Kopp, Founder and CEO of Teach for America

Wendy Kopp, Founder and CEO of Teach for America, spoke to over 100 students and community members at Duke University's Fuqua School of Business. Kopp, who was there to receive the 2005 CASE Leadership in Social Entrepreneurship Award, shared her belief that we can reach the point where all kids in our country have the chance to obtain an excellent education.

Kopp was a freshman at Princeton in the late 1980s when she first discovered her interest in educational inequality in the United States. As a public policy major, she spent much of her time as a student exploring her passion, but it wasn’t until her senior year, when she was “in a deep funk” about what to do with her life, that she was struck with a powerful idea that became the topic of her senior thesis. She recalled walking across campus and suddenly asking, “Why doesn’t this county have a national teachers corp? We are being recruited aggressively by Wall St. and management consulting firms. Why not to teach in our country’s lowest income communities?”

"I truly, truly believe that the only question is whether enough of the most talented and committed members of the younger generation will say, ‘We’re going to lead us to that point.’” -- Wendy Kopp.

Kopp went on to develop a plan to build a movement of young leaders committed to addressing the widening educational gap, starting with a goal of placing 500 outstanding college graduates in low-income schools in the first year. “We couldn’t start as a small nonprofit program. We had to start big to create the sense of urgency and national importance that was necessary to build a movement.” Fortunately, Kopp was not deterred when her letter to the President resulted in a standard job rejection. And just one year after graduating from college, she stood before the first 489 recruits as they prepared to enter some of America’s most struggling public schools.

Wendy Kopp

In retrospect, Kopp modestly claims that her greatest asset was her “absolute naiveté and complete lack of experience and any instinct that this might be a crazy thing to pursue.” Despite many skeptics of the “Me Generation,” she was convinced that students would want to participate, and that if they signed up, everything else would fall into place. While she admits there have been numerous challenges along the way, and that she quickly learned the value of experience, Teach For America has undoubtedly had an impact, both directly on the lives and schools its 12,000 corp members have served, but also in training a new generation of education leaders. Among TFA’s 9,000 alumni, 63% are working full-time in education and 40% of the others have jobs that somehow relate to schools or low-income communities. As Kopp related stories of just a few of TFA’s amazing teachers, she drew many parallels between TFA teachers who are successful teaching in low-income communities and leaders in any sphere: they set big visions, mobilize others, are purposeful and mission-driven, and are absolutely relentless in figuring out how to get the resources they need.

Kopp ended her lecture with a charge to the audience to join the fulfilling and challenging pursuit of education equality in our country: "I truly, truly believe that the only question is whether enough of the most talented and committed members of the younger generation will say, ‘We’re going to lead us to that point.’”

Watch the streaming video of Wendy Kopp at Fuqua. (RealPlayer required).

CASE Awards First Social Sector Scholarships

The Center for the Advancement of Social Entrepreneurship (CASE) has awarded $25,000 scholarships to two students entering the MBA program at Duke’s Fuqua School of Business. The newly-launched CASE Social Sector Scholarship recognizes students for their commitment to pursuing a career in the social sector. This program is sponsored by a generous grant from The Wachovia Foundation.

CASE awarded the first two scholarships to the following members of the Fuqua MBA Class of 2007.

Thomas R. Mitchell

Thomas R. Mitchell

Thomas R. Mitchell has made outstanding contributions to the growth of KaBOOM!, a nonprofit organization that aims to create a great place to play within walking distance of every child in America. As the director of program development, Mr. Mitchell developed and managed national programs with corporations and foundations to spark civic leadership and revitalize community through the process of building playgrounds and skateparks, primarily in low-income, urban neighborhoods. A former AmeriCorps member and United Way staffer, Mr. Mitchell has also lived in Brazil where he developed cultural education and language programs for businesses, as well as consulted to the World Bank. Mr. Mitchell graduated from Stanford University and is pursuing a master’s degree in regional planning, with a concentration in economic development, at the University of North Carolina.

In a recent interview, Mr. Mitchell described his desire to pursue a Master’s Degree in Business Administration at Fuqua:

"A concept that resonates throughout my career in community service is that of access. Healthy communities have access to policy makers, social networks, and financial resources. I want to pursue my MBA to help marginalized communities gain better access to credit and capital so that wealth can be created within these communities, rather than displace them. The MBA will greatly strengthen my understanding of financial systems and how to manage risks in non-traditional investments, as well as expose me to a diverse and driven group of colleagues with valuable experiences and knowledge of their own.

“I selected Fuqua because of the overall excellent quality of the program, the rich culture of Team Fuqua, and the opportunity to be involved with CASE and the teachings of Greg Dees, a true thought leader in social entrepreneurship. The growth of CASE appeals to my experience working with emerging organizations, and the excitement that comes with cultivating and disseminating new ideas to a larger audience."

Timothy Scheu

Timothy Scheu

Timothy Scheu has a track record of supporting budding social entrepreneurs through his work at GlobalGiving, an Internet-based service that connects individual and institutional donors directly to social, economic development, and environmental projects around the world. As communications manager, Mr. Scheu built relationships with corporate partners and developed and led a national advertising campaign that dramatically boosted donations and visibility to the public. As an intern at the Citizen’s Network for Foreign Affairs, Mr. Scheu helped to develop USAID and USDA Food for Progress grant proposals for CFNA’s work in Moldova and Kazakhstan. This summer, he met with social entrepreneurs in South Africa and Mozambique. Mr. Scheu graduated from Bucknell University and has studied in Strasbourg, France.

Mr. Scheu described his desire to pursue a Fuqua MBA:

“When I started thinking about business schools, I knew I wanted to attend one with an international reputation. Flexibility is important to me, and Fuqua will enable me to pursue top-level employment whether I am in Durham, Denver or even Denmark. Among those schools with that reputation, I was looking for one with a collaborative and supportive atmosphere where students grow along-side their peers, not at their peers' expense. Fuqua's team-based approach provides exactly that type of experience, and I am convinced I will learn as much (if not more) from my teammates as I will in class.

“Finally, CASE at Fuqua is a tremendous asset for those interested in social change. In giving students interaction with leading social entrepreneurs such as Mohammad Yunus, Wendy Kopp, and others, Fuqua is providing fertile ground for the next generation of social sector innovators.”

Newly launched this year, the CASE Social Sector Scholarship Program awards two merit-based scholarships to first year students in the Fuqua Daytime MBA program who have nonprofit backgrounds and are committed to applying their business skills in the social sector. In total, scholarship recipients are eligible for $25,000 in financial support consisting of two years of tuition support at $10,000 per year and one summer internship support of up to $5000.

CASE developed this scholarship program in response to the increasing demand for business skills in the social sector. The program has three principal goals—practical professional development for participants, more effective social sector organizations, and enhanced activities at Fuqua and CASE. Through this program, CASE aims to have a significant and lasting impact on the students, the community, Fuqua, and the social sector of the future.

To learn more about the CASE Social Sector Scholarship Program, please visit the “Students” section of the CASE website. For additional information, please contact CASE Associate Director Matt Nash at mnash@duke.edu.

Give a Day Campaign Funds CASE Summer Internships

Thanks to the generous support of the Social Impact Club “Give a Day” Campaign and The Wachovia Foundation, CASE sponsored eight students’ summer internships with nonprofit organizations and public agencies during the summer of 2005.

Fuqua MBA students often seek a way to make the summer between their first and second years meaningful — a chance to apply business skills and gain valuable business experience and training in the social sector. The CASE Summer Internship Program enables Fuqua students to learn about the rewards and challenges of social sector management without making a significant financial sacrifice. In addition, the program enables organizations that otherwise could not afford to hire MBA student interns to benefit from students’ expertise in areas such as finance, management consulting, strategic planning and marketing.

This year’s CASE Summer Interns included:

  • Nate Bellino - US Dept Energy
  • Jake Fisher - Ohio Health
  • Lauren Gardner - Emily K Family Life Center
  • Jill Homan - Duke-Durham Neighborhood Partnership
  • Avani Khanna - REDF: Golden Gate Community, Inc.
  • Romy Parzick - SJF Advisory Services
  • Sarika Sangwan - Packard Foundation
  • Billy Stark - National Park Service

The internship program provided these students with a combined total of $27,492.00 to match stipends provided by their summer employers.

A special thanks goes to Suneet Bhatt, Ruchika Chinda, and Ashley Eigher Noto for their leadership of the successful “Give a Day” fundraising campaign. As of the date of this publication, more than $10,000 has been received or is in the process of being collected. The Social Impact Club raised these funds through individual donations, graduation rentals, and special events such as bake sales, t-shirt sales, trivia night, and a year-end carnival.

CASE also wishes to extend its appreciation to DeAnne Harrison of Fuqua's Development Office for her tireless efforts to collect and process the pledges.

The internship program is managed by the Center for the Advancement of Social Entrepreneurship. The Social Impact Club spearheads student fundraising efforts and provides input on the strategic direction of the program.

Learn more about the CASE Summer Internship Program.

CASE Welcomes Senior Research Associate John Kalafatas

John Kalafatas

CASE is pleased to announce the hiring of John Kalafatas as its Senior Research Associate.

A graduate of Harvard Business School, John brings to CASE extensive social sector management, consulting, and research experience. Most recently, John served as a Regional Director at the National Headquarters of City Year, Inc., a $40M organization operating in 16 cities and founded in 1988 to promote national citizen service as a means for building a stronger democracy. Prior to joining the City Year senior management team in 2000 as Director of Strategic Planning & Organizational Development, John was a Research Associate with the Initiative on Social Enterprise at Harvard Business School. John also has experience as a management consultant to nonprofit organizations and within the Harvard University Development Office.

At CASE, John will be spearheading a research project on "Scaling Social Impact," as well as developing some case studies and helping us explore opportunities within the executive education market.

John is a graduate of Tufts University and an avid outdoorsman. He has recently relocated to Raleigh from Boston with his fiancee Karen.