Jacob Lief has suddenly realized that it is pure nonsense that money flows into the pockets of rich people without impacting the lives of the poor children. It is a social evil to create money that does not improve the lives of the general masses. He realized this when he was speaking to a group of investors and philanthropist at the annual World Economic Forum. He is the CEO and Founder of the Ubuntu Education Fund in the United States. This is a non-profit organization that helps children in Cape Town, South Arica to afford childhood education. When he was speaking at the forum, he became emotional and aided no to those donors who put a restriction on the use of their money. He wanted all children to have a share of the money without fear or favor. For this reason, he shifted his strategy to be focused and spent to support all children who need this support.
According to him, he has set forth towards the high-net-worth individuals and families who understand the need for educating the less fortunate children in the world. These families must also know that restricting funds sent for children is a bad idea. Restricted funding is smaller than the amount of success intended to be achieved. For this reason, people need to style up and determine the fate of heir generous funding.
The Ubuntu model organization works in close collaboration with organizations and families to create a better planning for each child who seeks to fund from the wealthy families. For this reason, these less fortunate children will get a provision in health, stability, and education needed to escape poverty. For those who own non-profits, it is never easy to get money from donors without restrictions on the use of funds. Donors also flex their muscles in numerous ways concerning the use of their resources.
Peter Lewis is one of the biggest beneficiaries of the unrestricted educational funding from Ubuntu Education Fund. As a matter of fact, he is one of the largest insurance brokers in Cleveland, Ohio. For over one year, he has boycotted the obligatory charitable giving.
Running a non-profit or other charitable organization is no easy feat, in addition to the difficulty of helping people often placed within awful and deplorable situations, non-profits must contend with many of the same things that other business must take into account to remain operational. Things like paying for the training of field agents, operational costs such as employee salaries and leases, and logistics are added to the task of ensuring that those in need receive the aid they so desperately need. Unlike their counterparts in the private sector, non-profits have many restrictions that must be adhered to ensure the organization is able to maintain its non-profit status. These restrictions are inherent parts of running a non-profit and at times unavoidable but a more detrimental set of restrictions often stifles the ability of non-profits, those set upon the organizations by donors in the form of grant restrictions and time limits.
Andrew Rolfe Seeks To Help More Families with the Ubuntu Fund
Restrictions set in place by donors are not a new thing to hit the non-profit sector, for almost as long as such entities have existed donors have set restrictions on funds and grants. These restrictions, though made with good intentions and certainly not willingly created to hamper non-profits, in the form of spending guidelines and time restraints often severely impair a non-profit’s ability to expand and at times even function. By setting restrictions donors are often unwittingly causing non-profits to face operational hardships as money that is needed to expand and grow often is unavailable when donor’s grants can only be put towards only one aspect of a non-profit.
Andrew Rolfe and the rest of the board for the Ubuntu Fund realized that although they were regularly receiving grants and donations, much of that money was not going towards sustaining the organization’s ability to expand and in turn help more people.
In response, Andrew Rolfe and the Ubuntu Fund have sought to redefine the non-profit sector by actively seeking sponsorship from donors that understand the new climate non-profits operate in.
If you would like to read more about Andrew Rolfe please visit the FT.com.