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Tapping the Power of 
Virtual Volunteers

Stanford Social Innovation Review Nov 27, 2020
This article is deemed a must-read by one or more of our expert collaborators.
Click here for more.
Tapping the Power of 
Virtual Volunteers
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Giving Compass' Take:

• Sylvia Bartley and Emily Lauer-Bader write about virtual volunteering, as the pandemic has forced employees to take their activism and philanthropic efforts online.

• Why is it crucial to accrue more virtual volunteers? How can organizations benefit from this?

• Read more on how to embark on virtual volunteering. 

 


The crises of 2020, including the COVID-19 pandemic and the racial injustices it has magnified, have required employers to rise to the challenge by not only adapting to a virtual work environment, but also responding to the increased demand from employees to connect and give back to their communities.

In recent years, employees have increasingly raised the bar as to what they expect of their employers. More employees, especially Millennial and Generation Z workers, now call for workplace-based social activism. A 2018 MetLife survey found that 76 percent of American employees expect their companies to make a difference in the local community. In fact, three out of four working Americans polled in 2019 by JUST Capital say they would choose to work for the more just company, even if it paid less. Business leaders can no longer sit on the sidelines when social crises arise. Employees expect companies to act and to provide opportunities for them to get involved, too.

This year’s circumstances have only increased that sentiment. A growing number of people and corporations are calling for lasting systemic change inside and outside of work. Millions of protesters have taken to the streets to demand action. Millions more are creating changes big and small in their own communities, from removing racist monuments to running for political office. For example, a record number of Black women are running for public office this year, and at least 122 Black or multiracial Black women filed to run in the 2020 election cycle, according to the Center for American Women and Politics. Dozens of cities across America—from Appleton, Wisconsin, to Dayton, Ohio, to Memphis, Tennessee—have declared racism a public health crisis. Such actions have shown that individuals can make a significant difference in their communities. People can change the course of the COVID-19 pandemic, as well as the pandemic of social inequities that has been brought to light.

Read the full article about online volunteers by Sylvia Bartley and Emily Lauer-Bader at Stanford Social Innovation Review.

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Interested in learning more about Coronavirus? Other readers at Giving Compass found the following articles helpful for impact giving related to Coronavirus.

  • This article is deemed a must-read by one or more of our expert collaborators.
    Click here for more.
    Insights for How Impact Investors Can Address COVID-19

    Giving Compass' Take: • Here are several insights for impact investors on how to support investees while addressing the COVID-19 pandemic.  • How can impact investors create a more sustainable investing future? • Here is a range of vetted funds addressing immediate and long-term needs related to coronavirus. Foundations, philanthropists, and impact investors have crucial roles to play in responding to the COVID-19 emergency and helping to build resiliency for communities across our country and around the world. The Arabella team has already shared guidance on moving forward together and essential questions funders should be asking now. We believe there are also important opportunities to adjust and increase impact investment activity, both to complement purely philanthropic initiatives and to respond to the needs of communities most acutely impacted by this pandemic. At this time of uncertainty and worry, investors, foundations, and philanthropists should squarely focus their efforts to accomplish three goals: maximizing the impact of their investment portfolios to mitigate what could be a severely economically distressed period; achieving significant financial and impact returns; and laying the groundwork for a resilient, equitable future economy. As the COVID-19 crisis has evolved, we have been in touch with clients and partners—including an engaging discussion with the Mission Investors Exchange on Twitter—about how impact investors can be responsive to emerging field needs while maintaining and expanding support for existing investees, all with an eye toward creating more sustainable social and economic systems in the future. Our insights suggest impact investors should do the following. Assess how you can best support your investees Delay interest payments and postpone loan maturities. Help investees access capital through guarantees. Provide capital through bridge loans. Look for new opportunities. Invest in experience. Prepare to fund innovative businesses. Pay close attention to equitable practices. Read the full article about impact investors by Alexandra LaForge and Cyrus Kharas at Arabella Advisors.


Looking for a way to get involved?

Learning with others and benchmarking are key steps towards becoming an impact giver. If you are interested in giving with impact for Coronavirus, take a look at these events, galas, conferences and volunteering opportunities to connect with individuals like you.

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If you are ready to take action and invest in causes for Coronavirus, check out these Giving Funds, Charitable Organizations and Projects related to Coronavirus.

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