Posts Tagged ‘Foundation’

Good Karma for entrepreneurs

Tuesday, April 17th, 2012

Good Karma for the entrepreneurial soul

To paraphrase management consultant and social ecologist, Peter Drucker, management is about doing things right, while leadership is about doing the right things.

This belief, to do the right thing, to drive momentum and to realize visions is what drives many executives and entrepreneurs. I hear it frequently from many of our members, including Fortune 1000 executives, serial entrepreneurs, self-made millionaires and some of the most innovative, driven human beings on the planet.

Often successful executives represent a demographic that seeks to donate to non-profits and other worthwhile charitable causes in order to do the right thing. So where’s the challenge? Well, for many executives it’s in knowing where to give, understanding different non-profits and how they work. After all, these are individuals that speak of “due diligence” before committing in meaningful ways…particularly before donating money and time. Philanthropists want to know their money was used wisely and purposefully and that it truly makes an impact in a specific way.

This is partly why, at the core of the Karma Foundation, we have a mechanism and competency called “Karma Cares.”  Philanthropy is one of our key values and it’s important that our members have a defined and researched route to financially support appropriate and relevant worthy causes. Within Karma Cares, our experienced team of charity analysts reviews individual non-profits and charitable organizations to ensure each organization is suited to receive the donations of our organization and our members. We complete extensive due diligence before any non-profit is added to our recognized roster of Karma Charity Beneficiaries.

To date we have supported and donated to dozens of Karma Charity Beneficiaries which span the breadth of worthwhile humanitarian causes including cancer research, children’s hospitals, national and international relief agencies, and environmental rehabilitation. Our members have peace of mind that they are contributing to great causes where funds make a credible, meaningful and effective difference.  That peace and assurance is good for the entrepreneurial soul.

Karmic regards,

Eric Stotz
Founder, Chairman & President, Karma Foundation, LLC