Jimmy Lustig | Lustig Family Foundation

Jimmy Lustig is an active philanthropist. He and his wife created the Lustig Family Foundation.

Tag: community involvement Page 1 of 2

Jimmy Lustig Unique Corporate Philanthropy Models

Unique Corporate Philanthropy Models

By

On October 28, 2022

In Blog, Jimmy Lustig, Philanthropy

According to a survey, over 60% of consumers are likely to buy from companies that support social issues. This is a huge reason why many companies are now developing their corporate social responsibility (CSR) strategies. Aside from being beneficial to the consumers, CSR can also help companies attract and retain top talent. It can also improve brand equity and encourage employees to work harder.

 

We’ve collected inspiring examples of corporate philanthropy that can help you build a strong foundation for your initiative. These examples use different tactics to engage their employees and increase the impact of their generosity.

 

Rise Against Hunger by Kraft Heinz

In 2011, Kraft Heinz launched a campaign known as Huddle to Fight Hunger, which involved donating a meal’s worth of money to local food banks for every Facebook “like” that person had made. This effort was also used to boost brand awareness.

 

The partnership between the two organizations grew into a permanent one. For the last three years, the two companies have held an annual event involving packaging thousands of meals. This year, Kraft Heinz provided $2.5 million to help fund the event.

 

Through their charitable campaigns, Kraft Heinz created effective marketing and fundraising strategies. They also used non-cash volunteering activities and donations to positively impact their local communities.

 

Volunteer Grant Program by Microsoft

One of the most prominent companies in the world regarding corporate responsibility is Microsoft. Through its volunteer grant program, the company could provide financial assistance to a different charity for each hour of work that its employees volunteered. Microsoft employees logged over 3 million hours of volunteer work each year.

 

The company’s volunteer grant program is also successful because it encourages employees to get involved in philanthropy and provides them with rewards. It also allows them to select their charity for donations. This method increases the levels of engagement and helps boost the company’s buy-in.

 

One of the essential factors you can consider when implementing a corporate philanthropy program is the inclusion of employee choice. This method allows employees to impact the causes they care about positively.

 

Student Loan Reductions by Penguin Random House

One of the most effective ways companies can implement corporate philanthropy is by providing financial assistance to their employees to pay off their student loans. The company could help its employees reduce their student loan payments by $1,200 annually through this method. This method can have a significant impact on the financial situation of their employees and can help boost the company’s retention rate. As the outstanding national debt of colleges and universities has reached over $1.5 trillion, this method can strongly incentivize employees to participate.

Jimmy Lustig Researching Nonprofits to Support

Researching Nonprofits to Support

By

On September 29, 2022

In Jimmy Lustig, Philanthropy

This guide aims to help you answer that question and make an informed decision when it comes to investing in a nonprofit. We’ll guide you through the various due diligence steps to help you make an informed decision. In addition to learning about the organization’s operations and leadership, we’ll also help you gather information to help you make an informed decision.

 

Although you may think you don’t need to ask every question before making a grant, this guide will give you a summary of the various factors that affect your decisions and the steps you should take to make an informed decision.

 

Essential Functions and Track Record

A nonprofit’s strategy will tell you who it is and what it aims to accomplish. A broad mission may be inspiring, but a strategy focusing on achievable goals will reveal if the organization’s leaders are eager to make tradeoffs. Through your research, you’ll learn how nonprofits work with other organizations to accomplish their goals. This will help you develop a strategy that fits into the organization’s work. You’ll also be able to identify the program design that fits into the charitable strategy of the organization.

 

You’ll also be able to learn about the effectiveness of a nonprofit’s program by analyzing its results. This will help you determine if the organization is focused on improving its outcomes and if it’s using the collected data to improve the program.

 

Effectiveness of Leadership

The leadership of a nonprofit is significant to its success. Through your research, you’ll be able to learn about the organization’s management team and how they can effectively guide it. You’ll also gain a deeper understanding of the group’s strengths and weaknesses. You’ll also learn about the factors critical to an organization’s long-term success. These include the availability of a suitable replacement for the key people, the effectiveness of the board, and the alignment of the leadership team with the organization’s goals.

 

Financial Responsibility

Understanding the financial situation of a nonprofit will allow you to make informed decisions regarding the resources you’ll use to support the organization’s programs and services. One of the most critical factors you’ll want to consider is its financial sustainability. This is a complex issue that requires a lot of research and analysis to determine. Ideally, a mature organization should have a stable funding mix that doesn’t rely on a small number of donors. It should also have a robust financial reporting system and adequate cash.

 

Organizational Structure

Knowing more about a nonprofit’s operations and structure will allow you to see how it can deliver its goals. This will help you determine if the organization is focused on improving its results and if it’s using the collected data to improve the program. If you’re planning on supporting a nonprofit, you must know that it can grow while also achieving high-quality results. For instance, if the organization has multiple sites it’s planning on operating, how confident are you that it can continue delivering effective programs and services?

Jimmy Lustig How to Increase Engagement on Social Media as a Nonprofit

How to Increase Engagement on Social Media as a Nonprofit

By

On August 15, 2022

In Blog, Jimmy Lustig, Philanthropy

 

Most nonprofits have Facebook pages mainly used to communicate with their supporters. They also use it to create events and respond to questions. However, this level of engagement is not an effective way to get people to become advocates. Even if you have thousands of followers on Facebook, none of them will ever act as advocates or donate to the organization if they never see your posts.

 

Social media is a powerful tool for organizations to reach out to their communities and build support for their cause. The latest research shows that over three billion people use social media globally. Use these steps to get started and get others to help you improve the world.

 

Know Your Audience

Like in real life, people are not always going to be friends on social media. However, connecting with like-minded individuals is very important for mental health. Before using social media, you must identify the people most likely to support your mission. This will include the individuals involved in the organization’s operations, such as volunteers and staff members. You can also create a list of characteristics that your potential supporters share.

 

Choose the Right Platform

It can be hard to keep up with all the details about social media platforms, especially if you’re a small business or a nonprofit. However, it’s important to remember the differences between different platforms and that choosing the right one for your organization is essential. Having the right media mix can help boost your marketing efforts’ effectiveness and attract more potential supporters. It’s important to remember that different platforms have their capabilities and uses. For instance, LinkedIn and Twitter have unique abilities and can reach different audiences.

 

Create a Consistent Brand Voice

After you have identified the ideal platform, it’s time to start creating content for your social media platforms. Before you start working on your content, take a minute to think about the various pages that you like on Instagram or Facebook and why you like seeing their content. Social media lets you share your organization’s perspective and connect with your target audiences. Some organizations have charismatic leaders who can be featured on platforms such as LinkedIn or Twitter. Others use content generated by their followers or feature their clients. Whatever you choose, create something your audience will like and return for more.

 

As you build and refine your strategy, remember that it’s a process that will eventually change. Having a well-defined and consistent approach will allow you to reach out to more potential supporters and increase the engagement of your social media efforts.

Jimmy Lustig How to Make Your Business More Sustainable

How to Make Your Business More Sustainable

By

On July 21, 2022

In James Lustig, Jimmy Lustig, Philanthropy

In 2022, running a business will be hard. Climate change is one of the most significant issues enterprises face today, and it is becoming increasingly clear that everyone has a role to play in addressing this issue. It is no longer a secret that we all are responsible for reducing our emissions and saving the planet from environmental disasters. There are many simple steps that you can take to make your company more sustainable.

Most businesses have taken the necessary steps to reduce their greenhouse gas emissions. However, setting realistic goals and implementing effective strategies can be challenging for small and medium-sized enterprises. This guide aims to help you navigate the various steps in setting green targets.

Use Eco-Friendly Packaging

According to the EPA, packaging accounts for over 23% of the materials that end up in landfills in the US. You can help reduce your company’s pollution contribution by implementing eco-friendly packaging techniques.

One of the most effective ways to reduce your company’s packaging waste is using biodegradable containers. Instead of using single-use containers, use containers made from various materials such as seaweed, wood pulp, and corn starch. Also, avoid using a mishmash of materials. For instance, if your packaging has multiple types of polymers, it can potentially be unrecyclable.

Good packaging can make a product more likely to be reused or recycled. Having well-designed and applicable packaging can also help keep your products attractive and from going to waste. For instance, if you have a logo on a drawstring bag, your customers might use it for other products.

Set Goals to Strive Toward

Setting goals is also essential when it comes to setting green targets. Although it might seem like an obvious step, it’s additionally vital to consider the various factors that affect the environment. One of these is climate change research. Follow the latest scientific studies and make the right decisions for your company and the planet.

Although going green for the environment is essential, other benefits can also be realized by becoming more sustainable. Being able to become more responsible for your company’s background can help boost its reputation and attract more potential customers.

Contrary to popular belief, going green can help your company’s growth. In many cases, it can lead to new and innovative products and services that will help your target market become more accepting of your values.

Although it might seem costly, going green can help your company’s bottom line. Not only can it save you money, but it can also help the environment by reducing the amount of energy your company uses. Other ways to go green include implementing energy-efficient lighting and buying local.

Reduce Energy Use

Before you start implementing a plan to go green, you must have a good understanding of your company’s energy consumption. Having a smart meter can help you monitor your company’s overall energy usage and identify areas where changes can be made. Having an up-to-date energy performance certificate (EPC) is also essential to ensure that your company’s buildings are energy efficient. This will allow you to identify areas where improvements can be made.

One of the most significant energy-consuming components of an office building is its lighting. Aside from using natural light, it’s also essential to consider the various factors that affect the building’s energy usage. One of the most significant changes that can be made is to replace the older, inefficient lighting with more energy-efficient models.

Go Paperless

In the US, office workers use over 12 trillion sheets of paper annually. Not only does this amount to a lot of trees, but it also costs a lot of money.

Try implementing online billing and paperwork to cut down on paper waste and increase your physical storage space. Not only will it help reduce your paper usage, but it can also help you save money on your bills. One of the easiest ways to implement this practice is by sending email receipts to customers.

Although a 100% paperless office is a noble endeavor, it can sometimes be impractical. Even if you can still use a piece of paper, make sure you purchase sustainably sourced paper. Not only will it help reduce your paper usage, but it can also help you save money on your bills.

Jimmy Lustig How to Get Employees Excited About Volunteering

How to Get Employees Excited About Volunteering

By

On May 24, 2022

In Blog, James Lustig, Jimmy Lustig, Philanthropy

Being a good citizen is the right thing to do, and volunteering can help companies thrive. It can also help organizations develop and grow. Aside from being beneficial to the individuals who participate, community service also benefits the organizations that it supports.

It’s important for team leaders and managers to understand the various benefits of community service. Aside from being beneficial to the individuals who participate, it can also benefit the organizations that it supports. This is why it’s important that they are inspired to give back.

  1. Offer Paid Time for Volunteering

Although it’s not always possible for everyone to volunteer off the clock, volunteering can still be a great way to show your commitment to the community. Having paid time off for volunteering can be a great way to demonstrate your love for the community.

According to a survey conducted by the Society for Human Resources Management, over 20 percent of companies offered paid time off to their employees for volunteering. A total of 82 percent of companies that were included in the 2014 Civic 50 also offered paid time off to their employees.

  1. Share Opportunities

Doing the work for the team members instead of asking them to research volunteer opportunities can help them find ways to give back. You can also create a weekly email digest that provides a list of volunteer opportunities that the team can explore.

List out volunteer opportunities that are focused on different skill sets such as teaching, tutoring, or painting. You can also start a formal partnership with a local organization to help the team members get involved. Before you start a volunteer program, make sure that the details about the organization and the time commitment are included in the list. This will help your employees determine if they are the right fit for their lifestyle.

  1. Create Leadership Opportunities

Being able to take on more responsibility can help employees develop their skills and improve their performance. It can also help them feel valued and supported at work.

Although it’s important to have a volunteer coordinator, it’s also important to identify the individuals who can be given leadership roles. You can also start by developing a list of skills that your team members can use to improve their performance. Consider your team’s skills and interests and how they might be utilized in a volunteer setting.

  1. Encourage Office Leaders to Be Examples

Seeing leaders commit to volunteering can help team members feel more positive about their participation. It can also help them feel supported and valued at work. To make sure that the team members are comfortable with the idea of giving back, encourage team leaders to regularly talk about the company’s social responsibility initiatives.

  1. Reward Volunteers

Make sure that your team members are not only recognized for their hard work but that they’re also encouraged to get involved. Having a reward system can help make volunteering more of a part of the company culture.

One of the most important factors that you can consider when it comes to rewarding team members is their commitment to the community. Doing so can help demonstrate the company’s commitment to social responsibility. In 2014, 50 percent of companies featured in the Civic 50 list of Points of Light included community engagement work in their performance reviews.

 

Jimmy Lustig How to Give Back Without Giving Money

How to Give Back Without Giving Money

By

On April 22, 2022

In Blog, Jimmy Lustig, Philanthropy

While it’s important to give back to the community, it doesn’t have to be a big cash donation. There are a variety of ways to support local nonprofits and charities. Doing so can help them reach their goals and provide them with the resources they need.

  1. Donate Blood

You can help save three lives each time you donate blood if you’re healthy and weigh 110 pounds or more. It can be done six times a year. To schedule an appointment, contact your local blood center.

  1. Volunteer Time

Getting involved with a local charity or nonprofit organization can be a great way to support them when you can’t offer up cash. Many of them rely on volunteers to help with various tasks, such as collecting donations and organizing events. To find out more about volunteering, contact the charity you’re interested in supporting.

  1. Save Unneeded Materials

Sometimes, donating used items can help a local charity. For instance, a local thrift store uses donated plastic bags instead of purchasing their own to package merchandise. It asks its supporters to bring in their extra plastic bags when dropping off their donations

  1. Share Your Network

If a charity you follow reaches out to you for help, consider if members of your professional or personal network would be able to assist. For instance, if a building repair project needs help, you might have a friend who lives in a nearby town who can help.

  1. Purchase Goods from Charity Shops

Although it’s not always possible to give back to the community with cash, you can still support local charities by shopping at stores that sell goods and services that support them. For instance, many thrift stores are operated by local organizations such as The Salvation Army. These stores sell used goods and services to raise money for various charitable causes.

  1. Donate Old Items

If you have too many clothes, books, or other items that are no longer useful, consider donating them to a charity or giving them to someone who needs them. Doing so will allow you to claim a charitable donation on your tax return, and the charity can benefit by either reselling them or giving them to people in need.

  1. Raise Money Through Crafts

Making and selling sweet treats or crafts is a simple and effective way to support local charities. You can sell various types of crafts and products, such as pet treats and decorative items, and a portion of the proceeds will go toward supporting the charity. If you’re a skilled knitter, consider donating your creations to a charity that will use them to provide warm clothes and other items to people in need. Likewise, if you’re a skilled cook, consider helping a local soup kitchen by making meals for those in need.

  1. Share Your Skills

You can also help others by volunteering as a board member or mentor for a charity or church. For instance, if you’re a retired business executive, you can help new entrepreneurs by giving advice on how to navigate the marketplace.

 

Supporting Organizations That Assist Minority Founders Of Startups

Supporting Organizations That Assist Minority Founders of Startups

By

On March 26, 2021

In James Lustig, Jimmy Lustig, Philanthropy

Several organizations that are among the leaders in building businesses are assisting American minority entrepreneurs. In their efforts to encourage these minority entrepreneurs to be successful, they assist startup companies and obtain the necessary funding. Among the most prominent of these organizations are the following:

 

Techstars Foundation

 

Working toward increasing the numbers of minority founders in the tech community, Techstars, an American seed accelerator, has launched a nonprofit division named Techstars Foundation that works to improve the representation of tech founders who are minorities by affording this group grants, scholarships, and sponsorships. Today, Techstars’ vast network of startup companies that number 762 with a collective funding of more than $2 billion can make sizable contributions to diversity in the world of technology.

 

CODE 2040

 

A nonprofit organization that robustly pursues its goal of representing Blacks and Latinos in the areas of technology, investments, and entrepreneurship, CODE 2040 places college-level minority computer science students in top tech companies’ internship programs. This organization has also initiated a one-year Residency Program that provides minority entrepreneurs financial help and support from experienced entrepreneurs and investors in building companies in their communities.

 

500 Startups

 

Since its beginnings, 500 Startups has invested in startups led by minorities and women such as AllDay Media, Mayvenn, and Walker & Co. To date, 15 classes have graduated from 500 Startups. In May of 2020, 500 Startups launched its Diversity & Entrepreneurship Summit, part of a conference series connecting minority entrepreneurs with founders and leaders of the tech startup community and venture partners. Additionally, the organization launched a $25 million micro fund for investing in startups that were beginning and led by minority founders.

 

Black Founders

 

As a national network of African-American founders, Black Founders works to increase black entrepreneurs’ numbers in technology. To do so, this organization generates networking events, educational programs, and a conference series throughout the year. One program begun by Black Founders is HBCUHacks, a series of weekend hackathons that provides students attending historically black universities and colleges opportunities to develop computer science skills so they can invent software and apps. One-fifth of those participating students who graduate with a degree in engineering have benefited from this successful program.

Robert Downey Jr.'s Latest Philanthropic Investment

Robert Downey Jr.’s Latest Philanthropic Investment

By

On February 17, 2021

In Blog, James Lustig, Jimmy Lustig, Philanthropy, Uncategorized

Iron Man star Robert Downey Jr. has been covertly making headways into the world of environmental research the last few years. In 2019, Downey Jr. founded the Footprint Coalition, an organization geared toward supporting scientific research and sustainability technologies. Earlier this week, Downey Jr. revealed a new arm of the Footprint Coalition at the Davos Agenda of the World Economic Forum: Footprint Coalition Ventures. Downey Jr. explains that Footprint Coalition Ventures will be the investment branch of the organization and that its mission will be seeking out and supporting companies that research sustainability.

Downey Jr. went into further detail on the goals of Footprint Coalition Ventures in an interview with reporters from Fast Company. Downey Jr. explains that creating Footprint Coalition Ventures will put the Footprint Coalition in a better position to help answer vital sustainability questions. Continuing, Downey Jr. says that Footprint Coalition Ventures have two types of funds, one for preliminary investments and the other for subsequent investment opportunities. Furthermore, the company follows a rolling fund investment schedule. In this manner, investors will be able transfer funds to companies on a quarterly basis, making Footprint Coalition Ventures more accessible to different kinds of investors. Downey Jr. adds that such a schedule opens the company to as wide a pool of investors as possible.

Footprint Coalition Ventures focuses on funding companies that research in six areas, including food and agriculture, energy, education, and advanced environmental solutions. Thus far, five companies, including Arcadia Earth and Cloud Paper, have received funds from Footprint Coalition Ventures.

Looking to the future, Downey Jr. says that he plans on using his status as a celebrity to raise awareness on the Footprint Coalition and sustainability ventures in general. While many other celebrities who are involved in similar organizations tend to keep a low public profile, Downey Jr. feels that it is his responsibility to use his platform to influence others. Jonathan Schulhof, who runs the day-to-day business of Footprint Coalition Ventures, points out that the company has used a YouTube video of Downey Jr. detailing the differences between plastic and polyhydroxyalkanoate, a new type of sustainable polymer invented by RWDC Industries, to help woo investors. Schulhof continues that such content can inspire audiences by making something extraordinary seem commonplace.

Five Great Books About Philanthropy In 2020

Five Great Books About Philanthropy in 2020

By

On December 15, 2020

In Blog, James Lustig, Jimmy Lustig, Philanthropy, Uncategorized

With so many options out there, how – and why – should people consider giving? The five books below provide many answers to these and other questions, making for fascinating reading, both inspirational and impactful.

One of the best guides to the giving process is the traditional Inspired Philanthropy: Your Step-by-Step Guide to Creating a Giving Plan and Leaving a Legacy, by Tracy Gary. Efficient covers everything from the basics of plan making, working with advisors, the right questions to ask non-profits, and much more. The inclusion of worksheets, resource lists, and descriptions of planning tools is beneficial.

The Promise of a Pencil, by Adam Braun, tells the story of how one man’s actions impacted thousands of lives globally. After encountering a begging child and starting with only $25, Braun built an organization that has helped build over 250 schools worldwide. Inspirational and uplifting, if ever there was an argument for the power of giving, this is it.

In The Soul of Money: Reclaiming the Wealth of Our Inner Resources, Lynne Twist offers positive proof that changing our attitudes towards earning and spending money can make our lives more meaningful and fulfilling. Challenging everyday assumptions about society’s views of money, the author illustrates her journey from conspicuous consumer to non-profit activist in an honest, no-punches-pulled way.

Sharna Goldseker and Michael Moody bring a fresh perspective in Generation Impact: How Next Gen Donors Are Revolutionizing Giving. Moving between first-hand accounts and analysis of a new class of doner’s work, the book shows the impact of young rising stars of philanthropy in disrupting traditional giving models and creating entirely fresh approaches to the field.

Another disruptive approach to giving is Impact Investing: Transforming How We Make Money While Making a Difference by Antony Bugg-Levine and Jed Emerson. The new field of impact investing is thoroughly explained, showing how it’s possible to “blend” investment success with positive change.

This year, perhaps more than in most, it’s essential to consider how a charitable contribution can positively impact peoples’ lives. The wisdom and practical advice that abound in the five volumes discussed will hopefully inspire and energize in equal measure.

Copy Of Decor Online Store Website

Philanthropy Spotlight: Doctors Without Borders

By

On July 23, 2020

In Blog, James Lustig, Jimmy Lustig, Philanthropy

Doctors Without Borders(DWB) is an amazing organization that primarily focuses on providing care to those who need it most. In the late spring of 1968, a group of young doctors traveled to help victims of major diseases and wars. They invented a new brand of humanitarianism that had the potential to reinvent the concept of emergency aid. They became Médecins Sans Frontières (MSF), known internationally as Doctors Without Borders.

MSF was officially founded on December 22, 1971. 300 volunteers made up the organization: doctors, nurses, and other staff, including the 13 founding doctors and a plethora of journalists. According to the official Doctors Without Borders Website,

MSF was created on the “belief that all people have the right to medical care regardless of gender, race, religion, creed, or political affiliation and that the needs of these people outweigh respect for national boundaries.”

After the french revolt of ’68 burst onto tv screens, the french pubic soon saw terrifying images that would set a new tone to empathy. They saw thousands of kids all over the world struggling from hunger and disease. In Nigeria, the southern region called Biafra seceded from the country. The Nigerian army surrounded the section, and the Biafran people were soon decimated by hunger. The Red Cross pleaded for assistance and help. The MSF realized that need was bigger than their neighbors or their country.

MSF’s first mission was to the Nicaraguan capital of Managua in 1971, when an earthquake decimated most of the city and killed between an estimated 10,000 and 30,000 people. In these first few missions, the weak points of MSF were soon realized. Members were going over without readily available support, and supply chains were fractured. The telltale signs were there; the movement was beginning to break. Soon it was hard to distinguish the MSF as a group of medical professionals or as a group of guerilla doctors. 

From this point, the new realist leadership of MSF would transform MSF into the professional organization it is today. Through various leaders and growing mains, the MSF has become a fantastic organization known as Doctors Without Borders. 

Page 1 of 2

Next

Powered by WordPress & Theme by Anders Norén