In our constant attempt to advance the impact investing field, Mission Throttle has sponsored a high-level research piece on the differences between US and Israel laws. Our deep appreciation to co-collaborators, Jennifer Oertel (Jaffelaw in Southfield, Michigan), Zvi Nixon and Leora KestenRoth, (E. Landau Law Offices in Jerusalem, Israel). We hope this research provides you meaningful insights to the various legal requirements of Impact Investing and accelerates adoption.
Dear Partners and Colleagues:
When I launched Mission Throttle in 2009, I set out to accelerate community benefit through philanthropic capital, innovation and culture change. In the decade since the company’s formation, Mission Throttle has evolved from a startup, dedicated to supporting innovative fundraising tools and impact investing, to that and more. In 2013, Susan Gordon joined Mission Throttle to grow the advisory practice from scratch, recruiting a group of talented consultants, intending to validate the strategic service offering to promote positive change in the foundation and mission-driven communities. Originally, we imagined Advisory would add to the investable pipeline for impact investments into social enterprises. In the end, the team engaged with over 40 mission-driven organizations to create sustainability, innovation, earned revenue and ultimately, culture change.
Over the past five years, Advisory has provided exemplary outcomes for dozens of foundation, philanthropic and mission-driven organizations. However, we continue to experience the market dissonance between the critical need for capacity building support, and the limited resources available to sustain these services. Over the past few months, we continue to reflect on this reality.
We concluded the time has come for Mission Throttle to return to its roots, while celebrating Susan and our team’s success. As a result, as of June 30, the Advisory practice, under Susan’s supervision, will spin-off from Mission Throttle to allow her the capacity to thoughtfully consider future next steps.Mission Throttle, under my direction, will continue to search for platforms, tools and solutions to accelerate philanthropic innovation and the impact investing ecosystem going forward. We hope to engage with you going forward.
I am amazed at what our team has achieved as evidenced in our 2018 Impact Report. The cultural impact on our clients, and consequently the community, has set a high bar for others working to bring sustainability to social impact organizations. Over the past five years, 100% of Advisory clients responding to a post-engagement survey rated the quality of work High/Very High Quality and 90% responded that they were Very Likely/Extremely Likely to recommend Advisory to a friend or colleague. Furthermore, as a result of their work:
- 79% of clients realized a positive culture change in their organization
- 84% of clients identified cost savings
- 76% of clients implemented cost savings or scaled effective programs/products
- 96% of clients identified earned revenue opportunities
I honor and celebrate Advisory‘s impact and wish these pioneering geniuses great success. Please feel free to contact Susan at sgordon@strategicgrowthgrp.
To the future…together!
Phillip Wm. Fisher
Founder, Mission Throttle
Mission Throttle’s history reflects a series of collaborations that merge business solutions and philanthropic values to scale social impact for those in need. We know great efforts are required to effectively address our most pressing social issues and we feel truly privileged to serve our clients, and in turn, communities across the Midwest.
Though 2019 is well underway, we are mindful to reflect on the last year and to thank our clients, partners and friends who made our work possible. Without you, we couldn’t have achieved these accomplishments. We hope you’ll continue with us on our journey as we move forward. Our very best wishes to you in this coming year.
The Mission Throttle Team
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The NMSDC Conference and Business Opportunity Fair is the nation’s premier forum on minority supplier development. For four days in mid-October, more than 6,000 corporate CEOs, procurement executives and supplier diversity professionals from top multinational companies, as well as leading Asian, Black, Hispanic and Native American business owners convened in Austin, TX. Susan Gordon, Managing Director of Mission Throttle, presented Using Profit To Fund Purpose – The Importance of Diversified Funding Strategies and Creating Operational Excellence.
Susan’s remarks focused on how mission-driven organizations and funders can work together to develop sustainable business models that withstand fluctuations in donative capital and included:
- Why foundations and other funders are are seeking new ways to strengthen the infrastructure of the mission-driven organizations they support.
- Ways entrepreneurs, investors, foundations, mission-driven organizations and intermediaries are embracing new, more sustainable strategies that promote the financial sustainability, growth and scale of mission-driven organizations.
- How mission-driven organizations are uniquely positioned to deliver high-impact social change that exponentially improves lives.