CARPENTER FOUNDATION AND THE CHARLES A. FRUAUFF FOUNDATION.

>> PEOPLE WERE SAYING WOMEN WERE ALWAYS LOOKING AT THEIR PHONE.

OUR RESEARCH QUERIED, WHAT DO YOU USE YOUR PHONE FOR?

>> WOMEN ARE BEING GIVEN CELL PHONES AND USING THEM AS A WEAPON AGAINST RAPE.

>> NO QUESTION.

WE'RE SUPER EXCITED BY THIS WHOLE CATEGORY WE CALL TECH FOR GOOD.

>> BONNIE ERBE: HELLO, WELCOME TO TO THE CONTRARY.

I'M HOST BONNIE ERBE.

THIS WEEK WE CONTINUE OUR SERIES OF TALKS WITH WOMEN THOUGHT LEADERS THIS WEEK WITH JEAN CASE, WHO IS CEO OF THE CASE FOUNDATION AND CHAIR OF THE NATIONAL GEOGRAPHIC SOCIETY, WELCOME.

>> JEAN CASE: THANKS BONNIE IT'S A DELIGHT TO BE HERE WITH YOU TODAY.

>> BONNIE ERBE: YOU ARE A VERY WELL KNOWN LEADER IN PHILANTHROPY AND LEADER IN TECHNOLOGY.

HOW DO THOSE TWO CONVERGE FOR YOU?

>> JEAN CASE: WELL YOU KNOW INTERESTINGLY I'M SORT OF MOST AFFILIATED WITH AOL FROM MY TECH DAYS, ALTHOUGH I WAS AT TWO STARTUPS BEFORE AOL, BUT WHEN I LANDED AT AOL IT WAS A YOUNG COMPANY.

WE HADN'T CREATED THE SERVICE YET, BUT IF YOU'D HAVE WALKED THE HALLS IN THOSE IDEAS YOU'D HAVE SEEN PEOPLE ON A MISSION, TO DEMOCRATIZE ACCESS TO IDEAS, AND INFORMATION, AND COMMUNICATION, SO IT'S NOT QUITE THE LEAP IT APPEARS TO BE FROM THE OUTSIDE TO GO FROM WHAT WAS REALLY COMPANY ON A MISSION BASICALLY TO CHANGE THE WORLD OVER TO THIS WORK WHERE WE CREATED OUR FAMILY FOUNDATION THE CASE FOUNDATION IN 1997, REALLY TO DO SIMILAR THINGS.

WE SAY WE INVEST IN PEOPLE AND IDEAS THAT CAN CHANGE THE WORLD.

>> BONNIE ERBE: TELL ME ABOUT SOME OF YOUR MAJOR INVESTMENTS, AND HOW THEY HAVE CHANGED THE WORLD?

>> JEAN CASE: SURE.

WELL, YOU KNOW WE'VE DONE A NUMBER OF THINGS REALLY ALL OVER THE GLOBE.

AN EARLY AREA FOCUS FOR US COMING OUT OF TECHNOLOGY AS I HAD, AFTER I RETIRED FROM AOL.

I CAME IN AS CEO OF THE CASE FOUNDATION AFTER WE CREATED IT.

WE REALLY FOCUSED ON WHAT WAS THEN THE DIGITAL DIVIDE, YOU KNOW AT THAT TIME THERE WAS VERY UNEVEN ACCESS TO THE INTERNET AND TO COMMUNICATION MORE BROADLY AND WE WERE VERY CONCERNED ABOUT THAT, SO WE PUT AN INITIATIVE AND COLLABORATIVE TOGETHER WITH MANY PARTNERS AND PUT A THOUSAND AFTER TECHNOLOGY CENTERS AROUND THE NATION.

WE HAD HEARD FROM WAY TO MANY TEACHERS, THAT THEY COULD BE IN A CLASSROOM AND ONE KID HAD ACCESS TO THE MOST SOPHISTICATED TECHNOLOGY AND PRINTERS AND ANOTHER KID COULDN'T EVEN GET ON THE INTERNET, SO IMAGINE NOT A LEVEL PLAYING FIELD IN THE CLASSROOM, SO WE SPECIFICALLY NESTED THEM IN LOW INCOME COMMUNITIES AND IT WAS REALLY GREAT TO SEE THE IMPACT THERE.

>> BONNIE ERBE: DO YOU THINK, EVEN TO THIS DAY, WHEN TECHNOLOGY IS SO WIDELY AVAILABLE IS THERE STILL A GAP?

ARE THERE PEOPLE WHO LACK ACCESS FOR.•• >> JEAN CASE: NO QUESTION THERE STILL IS.

I THINK IT'S MUCH LESS OF A GAP IN THE UNITED STATES THAN IT WAS BACK IN THE DAY FOR US, BUT WHEN YOU GO AROUND THE WORLD THE GAP GROWS WIDER, BUT WE'RE REALLY ENCOURAGED HOW THE COST OF TECHNOLOGIES HAS COME DOWN, HOW INNOVATIONS, FOR INSTANCE WE BACK A COMPANY CALLED BRICK IN AFRICA THAT I WORK WITH AND THEY ARE TAKING INTERNET TO THE LAST MILE, SO WE'RE DOING THINGS LIKE TAKING THESE VERY RUGGED WI-FI ENABLED DEVICES AND PUTTING THEM OUT IN CLASSROOMS, ON PUBLIC BUSES.

AND IN SOME CASES FOR AFRICANS THAT IN THOSE COMMUNITIES THAT IS THE ONLY ACCESS TO INTERNET THEY HAVE IN THEIR DAY, SO WE'RE REALLY BACKING A LOT OF SOLUTIONS STILL THAT ARE CONTINUING TO TAKE PRODUCTIVITY FORWARD.

>> BONNIE ERBE: IN A LOT OF TECH, UH, YOU KNOW A LOT OF LOW COUNTRIES IN ASIA AND IN AFRICA, WOMEN ARE BEING GIVEN CELL PHONES AND USING THEM AS A WEAPON AGAINST RAPE, UH.. >> JEAN CASE: NO QUESTION.

WE'RE SUPER EXCITED BY THIS WHOLE CATEGORY WE CALL TECH FOR GOOD, WHICH IS REALLY APPS AND ALL KINDS OF DIFFERENT WAY YOU CAN USE YOUR CELL PHONE.

YOU CAN USE ACCESS TO INFORMATION ETC.

TO MAKE A DIFFERENCE IN THE WORLD, YOU KNOW ONE AREA OF FOCUS OUR FOUNDATION HAS HAD FOR OVER A DECADE NOW.

WE'VE DONE THE LARGEST RESEARCH AROUND MILLENNIAL'S AROUND THEIR ATTITUDES AND PERCEPTIONS AROUND GOOD OKAY?

AND I REMEMBER ONE OF THE FIRST YEARS WE CAME OUT WITH THE RESEARCH MILLENNIAL'S WERE BEING CALLED SLACKERS, PEOPLE WEREN'T TAKING THEM SERIOUS, PEOPLE WERE SAYING THEY WERE ALWAYS LOOKING AT THEIR PHONE, BUT OUR RESEARCH QUERIES WHAT DO YOU USE YOU PHONE FOR AND EIGHTY PERCENT OF THEM SAID THEY USE THEIR CELL PHONES TO CONNECT WITH A NON PROFIT OR A CAUSE THAT THEY CARE ABOUT AND I OFTEN THOUGHT IF WE COULD SEE THESE DEVICES AS EMPOWERING AND FOR GOOD, UM, WE MIGHT TAKE A LITTLE DIFFERENT LOOK AT THE WORLD.

>> BONNIE ERBE: NOW YOU WERE AN EARLY WOMAN IN TECHNOLOGY.. >> JEAN CASE: I WAS, YES.

>> BONNIE ERBE: BUT THERE IS STILL TALK THAT IT'S MAINLY A MAN'S FIELD, ARE YOU WORKING ON THAT ISSUE?

>> JEAN CASE: YEAH, OBVIOUSLY IT'S AN AREA I'M QUITE PASSIONATE ABOUT, BUT I DO HAVE TO SAY I WAS VERY EARLY IN TECHNOLOGY.

I JOINED THE FIRST ONLINE SERVICE IN 1982.

I HAD TO EXPLAIN TO MY MOM WHAT I DID FOR A LIVING.

SHE HAD NO IDEA, UM, BUT AT THAT TIME I DIDN'T FIND THE SAME ATMOSPHERE WE SEE TODAY OUT ACROSS THE TECH WORLD, AND YOU KNOW REALLY KIND OF TRIED TO PEEL THAT BACK AND ASK WHAT REALLY CHANGED.

YOU KNOW THE EARLY TECH GENERATION WAS SPREAD ACROSS THE COUNTRY.

THEY CAME TOGETHER, YOU KNOW, DIFFERENT DEVICES, DIFFERENT BACKGROUNDS, ETC.

IT WASN'T JUST KIND OF WHAT WE CALL THE WHITE GUYS ON THE COAST THAT WE REALLY SEE DOMINATE TECHNOLOGY TODAY.

THEY DON'T JUST DOMINATE TECHNOLOGY, BUT THEY DOMINATE WHERE NEW INVESTMENT IS GOING IN NEW STARTUPS AS WELL AND THAT'S SOMETHING WE'RE REALLY FOCUSED ON TO MAKE SURE THAT WOMEN, PEOPLE OF COLOR, AND PEOPLE BETWEEN THE COAST ARE GETTING BOTH THE ATTENTION, THE CAPITAL, THE MENTORING, UM, YOU KNOW THAT YOU'RE SEEING WHAT DO I WANNA SAY, TO MUCH CONSOLIDATION ON THE COAST.

WE SAY SEVENTY-EIGHT PERCENT OF ALL VENTURE CAPITAL LAST YEAR WENT TO THREE PLACES, NEW YORK, BOSTON, AND CALIFORNIA.

AND CALIFORNIA GOT OVER FIFTY PERCENT OF IT, SO YOU KNOW THAT LEAVES THE REST OF THE COUNTRY FIGHTING FOR OVER ABOUT A QUARTER OF THE PIE.

WOMEN ONLY RECEIVED TEN PERCENT OF VENTURE CAPITAL, THAT MEANS NINETY PERCENT WENT TO MEN.

PEOPLE OF COLOR, PARTICULARLY AFRICAN AMERICANS, ONE-PERCENT OF FOUNDERS WERE AFRICAN-AMERICANS THAT RECEIVED CAPITAL LAST YEAR, SO IT'S A GREAT CONCERN AND IT'S FUNNY YOU KNOW BECAUSE WE LIKE TO THINK OF OURSELVES AS THIS GREAT DIVERSIFIED NATION WHERE THE AMERICAN DREAM IS AVAILABLE TO ANYONE, BUT WHEN YOU PEEL BACK THE ONION AND LOOK AT THE DATA TODAY, WHERE'S THE CAPITAL, WHERE'S THE RESOURCES GOING, ETC, IT'S TO AN ELITE CROWD AND AS A RESULT, OUR ECONOMY IS AT RISK, YOU KNOW WE ARE NOT TAKING ADVANTAGE OF BUILDING A STRONG DIVERSIFIED ECONOMY AND THERE REALLY ISN'T SOCIAL JUSTICE IN THE MIX AS WELL.

>> BONNIE ERBE: WELL, YEAH I MEAN HERE YOU ARE IN THE METOO AND THE..[CROSSTALK] TIMES UP ERA AND WOMEN AND PERSONS OF COLOR ARE MAKING ALL KINDS OF PROGRESS AGAINST SEXUAL ASSAULT, SEXUAL HARASSMENT, UM, BUT STILL THOSE DATA YOU SITE ARE SO, SO EMBLEMATIC OF THE PROBLEM.

WHAT DO YOU THINK NEEDS TO BE DONE AND WHAT IF ANYTHING IS YOUR FOUNDATION DOING ABOUT IT?

>> JEAN CASE: IT'S A MAJOR AREA OF FOCUS FOR IT.

WE CALL IT INCLUSIVE ENTREPRENEURSHIP AND WE DON'T JUST WORK ALONE.

WE TRY TO BRING PARTNERS ALONG AS WELL, UM, AND WHAT WE'RE REALLY TRYING TO DO IS SHINE A LIGHT ON ACCELERATORS OUT THERE, OUT IN COMMUNITIES THESE PLACES THAT WILL HELP WOMEN AND PEOPLE OF COLOR IF THEY HAVE A BUSINESS IDEA, TRAIN THEM UP, INTRODUCE THEM TO MENTORS, HOPEFULLY FIND PATHWAYS TO GETTING CAPITAL, GETTING FUNDED FOR THEIR BUSINESSES.

WE'RE SUPER PASSIONATE ABOUT IT, BUT IT ISN'T LIKE THERE'S ONE SILVER BULLET AT WORK HERE.

I THINK IT'S GOING TO TAKE A TAPESTRY OF FOCUS, INVESTMENT, AND RESOURCES AROUND THE COUNTRY TO REALLY GET TO WHERE WE NEED TO BE, BUT I'M VERY ENCOURAGED TODAY.

>> BONNIE ERBE: YOU ARE?

TELL ME, SO WHAT DO YOU SEE HAPPENING?

>> JEAN CASE: WELL I THINK THE DATA IS SO STARK THAT I THINK SO MUCH OF IT HAS NOT BEEN INTENTIONAL IN ANY WAY, MEANING TO LEAVE OTHERS BEHIND.

AND I'VE BEEN DEEPLY ENCOURAGED BY THE NUMBER OF PEOPLE WHETHER THEY BE INDIVIDUAL INVESTOR, WHETHER THEY BE INSTITUTIONS, BANKS, YOU NAME IT, WHEN YOU SIT AND YOU KIND OF SHARE THE DATA WITH THEM AND THEY SAY I HAD NO IDEA.

I WANT TO DO SOMETHING ABOUT THAT NOW, SO WE FEEL THAT THERE IS BUILDING MOMENTUM IN THIS SPACE AND WE'RE TRYING TO MAKE SURE THAT NEW DATA IS OUT THERE TO MAKE SURE WE'RE TRACKING THE PROGRESS THAT IS BEING MADE, UNDERSTAND WHERE SOME OF THESE INTERVENTIONS WILL MAKE A DIFFERENCE FOR WOMEN AND PEOPLE OF COLOR, AND PEOPLE IN THE MIDDLE OF THE NATION.

MY HUSBAND HAS LED SOMETHING CALLED RISE OF THE REST, WHERE HE TAKES THE BUS OUT FOR A WEEK AT A TIME AND VISITS A DIFFERENT CITY EVERY DAY AND HE SPECIFICALLY PICKS CITIES THAT ARE COUNTER-INTUITIVE WHEN YOU THINK OF SAY AN INNOVATION HUB, BUT HE GOES IN THERE AND HE BRINGS PRESS ALONG WITH HIM AND HE BRINGS INFLUENCERS ALONG WITH HIM.

HE CONVENES BOTH INVESTORS AND ENTREPRENEURS IN THE COMMUNITY.

HE BRINGS BIG COMPANIES WITH SUPPLY CHAINS WHO CAN ACTUALLY YOU KNOW DO CONTRACTS WITH SOME OF THESE UNKNOWN COMPANIES IN THESE SMALLER TOWNS AND IT'S BEEN AMAZING.

HE'S DONE ABOUT THIRTY-FIVE CITIES TO DATE AND WE'RE REALLY HAPPY TO SEE HOW THAT ECO-SYSTEM INTO EACH COMMUNITY WHERE THEY'VE GONE IS BEGINNING TO THRIVE AND BRING MORE CAPITAL IN.

>> BONNIE ERBE: MOVE SILICON VALLEY OUT OF SILICON VALLEY AND OFF OF WALL STREET.

>> JEAN CASE: WELL YOU KNOW WE LIKE TO REMIND PEOPLE THAT THE HISTORY OF OUR ECONOMY.

YOU KNOW SILICON VALLEY WAS A PEACH ORCHID NOT TO LONG AGO.

WE DON'T REMEMBER THAT.

WE DON'T HAVE INSTITUTIONAL MEMORY ABOUT THESE THINGS, AND WHAT WAS THE HOT PLACE?

DETROIT.

IF YOU WERE AN ENGINEER IN AMERICA IN THE 1950'S THERE'S ONLY ONE TOWN THAT YOU WANTED TO BE IN AND THAT WAS DETROIT, MICHIGAN, BUT WE SAW WHAT HAPPENED TO DETROIT, RIGHT?

IT SORT OF LOST WHAT WE CALL IT'S ENTREPRENEURIAL MOJO AND IT FADED AND RAN INTO TROUBLE.

>> BONNIE ERBE: WELL AND GLOBALIZATION HAPPENED.•• >> JEAN CASE: WELL, ALL SORTS OF THINGS HAPPENED, BUT BACK WHEN DETROIT WAS THE NEW HOT THING, PITTSBURGH DYING, BECAUSE BACK IN THE DAY A HUNDRED YEARS AGO IF YOU WERE YOU KNOW WANTING TO BUILD A GREAT BUSINESS, CHANCES ARE YOU WANTED TO BE IN PITTSBURGH.

>> BONNIE ERBE: [UNINTELLIGIBLE)}, COAL.•• >> JEAN CASE: YES.

ABSOLUTELY, SO IT'S REALLY IMPORTANT FOR US TO REMEMBER THESE THINGS HAVE CYCLES AND WHILE WE FEEL REALLY GOOD ABOUT WHAT SILICON VALLEY HAS BROUGHT US.

WE REALLY WOULD BE A STRONGER NATION AND STRONGER ECONOMY IF WE SPREAD THE LOVE.

IF WE MAKE SURE WE'RE BACKING ENTREPRENEURS ALL OVER THE NATION, NO MATTER THEIR BACKGROUND OR WHERE THEY LIVE.

WE CALL IT RACE, PLACE, AND GENDER, THAT'S KIND OF THE FOCUS WE NEED TO HAVE.

>> BONNIE ERBE: RACE, PLACE, AND GENDER.

I SEE WHERE YOU'RE WORKING ON THE PLACE WITH WHERE YOU HUSBAND IS WITH THE BUS TOUR, UM, WHAT ARE YOU DOING SPECIFICALLY ABOUT DIVERSIFYING TECHNOLOGY RACIALLY?

>> JEAN CASE: RIGHT.

PEOPLE OF COLOR ARE A REAL FOCUS FOR US, PARTICULARLY IN THIS WORK WHERE WE ARE TRYING TO BACK ENTREPRENEURS OF COLOR, UM, YOU KNOW THERE WAS SOME DATA A COUPLE YEARS AGO THAT SAID THE FASTEST GROWING SET OF ENTREPRENEURS WERE BLACK WOMEN, UM, BUT A LOT OF PEOPLE DON'T KNOW THAT DATA, SO THERE ARE JUST TREASURE TROVES OF TALENT AND IDEAS AND NEW INNOVATIONS UM, BUT A LOT OF PEOPLE DON'T KNOW THAT DATA, SO THERE ARE JUST TREASURE TROVES OF TALENT AND IDEAS AND NEW INNOVATIONS SITTING OUT THERE AND IT'S OURS FOR THE TAKING, BUT IF WE'RE ONLY FOCUSING OUT ON THE COAST, THE ELITES, THE KINDS OF NOVATIONS THAT PEOPLE WILL ILD EITHER FROM THE MIDDLE OF THE COUNTRY, FROM A FARMING COMMUNITY, FROM YOU KNOW A CHALLENGED ECONOMIC BACKGROUND ARE GOING TO BE FUNDAMENTALLY DIFFERENT THAN WHAT PEOPLE ARE LIVING AN ELITE LIFE ON THE COAST WOULD EVEN THINK ABOUT, AND WE NEED THOSE INNOVATIONS TOO.

>> BONNIE ERBE: YOU PRACTICE WHAT YOU CALL IMPACT INVESTING CORRECT?

WHAT IS THAT AND HOW DOES IT RELATE TO PHILANTHROPY?

>> JEAN CASE: SURE, YOU KNOW IT'S A TERM THAT'S BEEN BANDIED ABOUT A LOT AND SO DIFFERENT PEOPLE WILL HEAR DIFFERENT THINGS AND AREN'T CLEAR ON A DEFINITION.

WE DEFINE IS AS AN INVESTMENT THAT PROVIDES BOTH A FINANCIAL AND A SOCIAL RETURN, SO THAT HAS A SOCIAL BENEFIT THAT'S TIED TO IT.

WE SAY REALLY TO BE A TRUE IMPACT INVESTMENT IT NEEDS TO HAVE CLEAR INTENTIONALITY, SAYING OKAY WE'RE HERE TO HAVE THIS IMPACT, OKAY AND BE VERY CLEAR.

THE COMPANY HAS TO BE CLEAR AND THE INVESTORS HAVE TO BE CLEAR THAT THEY KNOW WHAT THEY'RE GETTING INTO.

TRANSPARENCY AROUND THAT TO MAKE SURE ALL STAKEHOLDERS KNOW, AND THEN MEASUREMENT OF THE IMPACT THEY ARE TRYING TO HAVE, SO IT REALLY IS A NEW CLASS OF ENTREPRENEURS AND INVESTORS LED LARGELY BY THE WAY ON THE INVESTOR FROM BY WOMEN, WHO ARE BEGINNING TO INHERIT WEALTH, BEGINNING TO ESTABLISH THEIR OWN WEALTH AS THEIR CAREERS HAVE TAKEN OFF AND THEY DON'T WANT TO INVEST THE SAME OLD WAY THAT IT'S BEEN DONE JUST MERELY LOOKING AT A FINANCIAL RETURN.

THEY'VE BEEN CONSCIOUS CONSUMERS, SAYING WHAT IS THIS BRAND?

IS IT A GOOD GUY BAD GUY, GOOD WOMAN, BAD WOMAN WHATEVER?

AND THEY ARE ASKING THE SAME THING BOUT THEIR INVESTMENTS NOW, UM, SO THIS IMPACT INVESTING MOVEMENT IS REALLY EXCITING... >> BONNIE ERBE: TELL ME ABOUT HOW THAT RELATES TO PHILANTHROPY THOUGH.

ARE YOU TALKING ABOUT, ARE, ARE, ARE THE GRANTS SEEN AS INVESTMENTS.

DO THEY DO THEY HAVE TO PAY BACK ANY PART OF WHAT YOU GIVE THEM?

>> JEAN CASE: SURE.

SURE, WELL LET ME EXPLAIN A LITTLE BIT ABOUT IT.

IMPACTING INVESTING FROM A PHILANTHROPIC STANDPOINT CAN FORWARD A COUPLE OF WAYS.

YOU KNOW THE LARGER PHILANTHROPIC INSTITUTIONS THAT HAVE BEEN AROUND A LONG TIME HAVE BILLIONS OF DOLLARS IN THEIR ENDOWMENTS.

THEY ARE REQUIRED TO ONLY SPEND 5 PERCENT A YEAR, SO ESSENTIALLY EVERY YEAR IF THEY'RE NOT DOING IMPACT INVESTING, THEY'RE USING ONLY 5 PERCENT OF WHAT THEY HAVE TO MAKE A DIFFERENCE IN THE WORLD.

IT'S ALMOST LIKE THEY'RE DOING THIS TO THE OTHER NINETY-FIVE PERCENT AND SO WHEN WE CHALLENGE A LOT OF THEM TO SAY WHAT'S IN YOUR PORTFOLIO.

IT'S STUNNING WHEN THEY TAKE A LOOK AND REALIZE SOME OF THE THINGS THEY'VE BEEN INVESTING IN ARE IN DIRECT ODDS WITH WHAT THEY'RE MISSION OF THE ORGANIZATION IS, SO WE'RE SAYING WELL COULD THERE BE KIND OF A MIDDLE GROUND, MIGHT YOU LOOK AT PEELING OFF SOME OF THAT INVESTMENT THAT COMES FROM THE NINETY-FIVE PERCENT, THE BIG DOLLARS, OKAY, AND PUTTING IT INTO THE PLACES THAT ARE MORE MISSION ALIGNED IN WHAT YOU'RE HERE TO DO AS AN ORGANIZATION... >> BONNIE ERBE: SO THE FOUNDATION BUYS STOCK...[CROSSTALK] >> JEAN CASE: YEAH, SO LET'S SAY FOR INSTANCE THAT YOU ARE A FOUNDATION THAT CARES A LOT ABOUT THE ENVIRONMENT AND YOU'RE DOING A LOT OF GRANTS TOWARDS SUSTAINABLE ENERGY ETC.

WELL YOU PROBABLY DON'T WANNA HAVE A LOT OF OIL AND GAS IN WHAT YOUR INVESTING OVER THERE, BUT GUESS WHAT ENERGY HAPPENS TO BE ONE OF THE LEADING SECTORS FOR IMPACT INVESTING, SO YOU CAN SWITCH YOUR OIL AND GAS INVESTMENTS INTO CLEAN ENERGY AND BE MORE CONSISTENT AND ALIGNED WITH WHAT YOU'RE THERE TO DO.

THE SECOND WAY IT CAN HAPPEN IS YOU ACTUALLY CAN USE GRANT MONEY FOR INVESTMENT PURPOSES, THERE'S SOME SPECIAL RULES AROUND IT, BUT WE'RE SEEING FOUNDATIONS PLAY MORE AND MORE OF AN ACTIVE ROLE THAT WAY.

>> BONNIE ERBE: ANY STORIES TO SHARE ABOUT PEOPLE YOU'VE SUPPORTED FROM THE CASE FOUNDATION?

>> JEAN CASE: SURE.

SURE AND PARTICULARLY I'D LOVE TO TELL YOU SOME THAT ARE AT THIS INTERSECTION OF INCLUSIVE ENTREPRENEURSHIP AND IMPACT INVESTING.

>> BONNIE ERBE: YEAH, PLEASE.

>> JEAN CASE: SO THERE'S A YOUNG WOMAN, UH, IN NEW ENGLAND AND SHE WAS RAISED BY A MOM WHO WAS ON WELFARE, A SINGLE MOM AND YOU KNOW SHE TALKS ABOUT HOW SHE WATCHED HER MOM REALLY STRUGGLE EACH MONTH TO PAY THE POWER BILL.

I WAS RAISED BY A SINGLE MOM, I SAW THE SAME THING, OKAY, AND IT'S STRESSFUL FOR A FAMILY, BECAUSE IF YOU CAN'T MAKE THAT PAYMENT THE LIGHTS GO OFF OKAY, YOU REALLY AREN'T FUNCTIONING IN THE HOUSEHOLD, SO SHE RECALLS THIS WITH YOU KNOW GREAT CLARITY, AND AS THE SOLAR MOVEMENT CAME ABOUT SHE GOT REALLY EXCITED FOR PEOPLE IN THE OLD NEIGHBORHOOD THAT SHE LIVED IN AND SHE BEGAN ASKING THEM ARE YOU LOOKING AT SOLAR, IT COULD BE LOWER COST, WELL IT TURNS OUT OF COURSE THAT PEOPLE IN LOWER INCOME NEIGHBORHOODS DON'T OWN THEIR HOMES FOR THE MOST PART, THEY RENT.

THEY ARE NOT IN CONTROL WHETHER YOU ARE GOING TO PUT A SOLAR PANEL UP THERE AN IF THEY ARE, THEY DON'T NECESSARILY HAVE THE MONEY TO DO IT.

IN ADDITION, A NUMBER OF HOMES AROUND THE NATION JUST AREN'T POSITIONED CORRECTLY TO RECEIVE THE SOLAR PANELS, SO SHE CREATED WHAT WAS CALLED SOLAR FARMS IN LOW INCOME NEIGHBORHOODS THAT SERVE NEIGHBORHOODS SO A, A SLATE OF SOLAR PANELS, THAT EVERYBODY CAN SHARE.

THE SHARING ECONOMY WHERE IT'S REALLY REALLY NEEDED AND TO ME IT'S JUST A GREAT EXAMPLE OF A PERSON WHO LIVED A PROBLEM DIFFERENTLY MAYBE THAN OTHERS HAVE WHO ARE BEEN BUILDING BUSINESSES AND SAID I HAVE A BUSINESS SOLUTION FOR THIS.

SHE IS.. >> BONNIE ERBE: IS SHE DOING IT JUST LOCALLY, OR HAS SHE GONE NATIONAL WITH IT?

>> JEAN CASE: NO, SHE'S EXPANDING OUT FROM WHERE SHE STARTED, YEAH, AND SHE'S BEEN CELEBRATED, HER NAME, UH IS STEPH SPEARS AND SHE'S BEEN CELEBRATED IN A LOT OF PLACES.

ANOTHER GREAT STORY THERE'S TWO WOMEN OUT IN OAKLAND, CALIFORNIA, NOT SAN FRANCISCO, OAKLAND, OKAY AND THEY STARTED A COMPANY CALLED REVOLUTION FOODS, ESSENTIALLY THEY WERE TWO MOMS, TWO REALLY SMART MBA MOMS, BUT THEY'RE TWO MOMS, AND WHEN THEY WENT INTO SCHOOL AND SAW WHAT THEIR CHILDREN WERE BEING FED, THEY WERE HORRIFIED AND AS MOMS WE DO GO INTO SCHOOLS, NOT THAT DAD'S DON'T BUT MOM'S ARE THERE IN A MUCH MORE PREVALENT WAY, STILL TODAY I THINK AND THEY SAID OH MY GOSH, WE HAVE TO DO SOMETHING ABOUT THIS, SO THEY STARTED A COMPANY CALLED REVOLUTION FOODS AND THEY OFFER WHAT IS CALLED CHEF INSPIRED, KID INSPIRED CHEF CRAFTED FOODS AND THESE ARE REALLY HEALTHY DELICIOUS ALTERNATIVES AND PUBLIC SCHOOLS TODAY THEY SERVE TENS OF MILLIONS OF MEALS.

THEY ARE ALL OVER THE COUNTRY AND IT'S A GREAT EXAMPLE OF AN ENTREPRENEURIAL SOLUTION TO WHAT REALLY WOULD HAVE BEEN SEEN AS A PUBLIC SECTOR PROBLEM.

>> BONNIE ERBE: YOU TALKED ABOUT SOLAR, WHAT ABOUT OTHER SOURCES OF, OF RENEWABLE ENERGY?

>> JEAN CASE: YEAH AS I SAID, I THINK RENEWABLE ENERGY.•• >> BONNIE ERBE: WINDMILLS?

ARE YOU INVOLVED IN WINDMILLS AT ALL?

>> JEAN CASE: SO, WE ARE NOT SPECIFICALLY INVOLVED, BUT WE'RE CHAMPIONING THOSE OUT THERE WHO ARE BUILDING GREAT SOLUTIONS FOR SUSTAINABLE ENERGY.

>> BONNIE ERBE: WHAT DO YOU THINK IS GOING TO HAPPEN TO, UH WOMEN AND PEOPLE OF COLOR IN THE CURRENT ENVIRONMENT POLITICALLY?

>> JEAN CASE: YEAH, WELL I THINK THEY'RE FINDING THEIR VOICE.

I THINK WE'VE SEEN THIS.

WE'VE SEEN THIS OVER RECENT YEARS, BUT WE'VE SEEN IT OVER RECENT WEEKS, IF YOU WATCHED THE OSCARS THE OTHER NIGHT.

I THINK WOMEN REALLY FOUND THEIR VOICE.

WE'RE SUPER EXCITED TO SEE THE TIMESUP MOVEMENT GOING FORWARD.

>> BONNIE ERBE: ARE YOU INVOLVED WITH THAT?

>> JEAN CASE: I'M NOT OFFICIALLY INVOLVED, BUT I'M CERTAINLY...I CONSIDER MYSELF A GREAT CHAMPION OF WHAT THEY'RE DOING.

I'VE MET WITH THEM.

WE KEEP UP WITH THEM, UM, AND WE THINK THEY'RE MOVING THE NEEDLE AND WHAT THEY HAVE THERE OF COURSE IS A LEGAL DEFENSE FUN FOR WOMEN WHO CAN'T AFFORD TO TAKE ON, UM THE CASES IF THEY'VE SEEN SEXUAL HARASSMENT FOR INSTANCE, SO WE'RE SEEING A LOT OF MOVEMENT OUT THERE BOTH AMONG WOMEN AND AMONG PEOPLE OF COLOR.

I MEAN BLACK LIVES MATTER WAS A TIME I FEEL LIKE THE VOICE WAS REALLY HEARD, AND I THINK ITS HAD AN ENDURING IMPACT IN A LOT OF COMMUNITIES, SO YOU KNOW I THINK WHERE WE SIT TODAY MIGHT BE AN AWKWARD TIME RIGHT.

WE MIGHT BE COMING TO THE MAYBE A CUSP TIME.

WE MIGHT BE COMING TO AN END OF THE OLD WAY, BUT WE'RE NOT QUITE THERE ON THE NEW WAY, BUT FOR MANY OF US WHO ARE OUT IN THE FIELD EVERY DAY AND LOOKING AROUND, AS I SAID EARLIER I'M VERY OPTIMISTIC.

>> BONNIE ERBE: ARE YOU OPTIMISTIC DO YOU SEE.ONE QUESTION WE'VE GRAPPLED WITH ON THE SHOW MANY TIMES IS, UH, IT'S WONDERFUL THAT THE HARVEY WEINSTEIN'S OF THE WORLD GET TAKEN DOWN, BUT WHAT ABOUT THE WAITRESS IN LOUISIANA, WHO IS WORKING IN THE DINNER AND BEING SEXUAL ASSAULTED BY HER BOSS >> JEAN CASE: THE MISSION OF TIMES UP IS TO BE CROSS SECTOR AND ONE OF THE BEAUTIFUL THINGS THAT HAPPENED IS THEY GOT A LETTER OF BASICALLY FEMALE FARM WORKERS WHO SAID WE ARE YOUR SISTERS AND WE ARE WITH YOU.

THEIR REAL GOAL AT TIMES UP IS TO MAKE SURE AT ACROSS ALL SECTORS, ACROSS ALL BACKGROUNDS, AND ACROSS ALL LAYERS THE SAME RIGHTS AND OPPORTUNITIES ARE THERE FOR WOMEN, UM AND THEY CERTAINLY STARTING A NATIONAL DIALOGUE, THERE'S NO QUESTION ABOUT THAT.

>> BONNIE ERBE: WHERE DO YOU THINK IT'LL LEAD?

>> JEAN CASE: WELL, I'M HOPING IT LEADS TO A LEVELING OF THE PLAYING FIELD AND MORE OPPORTUNITIES FOR WOMEN AND MORE PATHS FORWARD IF WOMEN FIND THEY'RE BEING HELD BACK.

>> BONNIE ERBE: NOW YOU SERVED, UH, UNDER PRESIDENT BUSH, GEORGE W. AS, UH CHAIR OF THE PRESIDENT'S COUNCIL ON, SERVICE SERVICE AND CIVIC PARTICIPATION.

>> JEAN CASE: THAT'S A MOUTHFUL ISN'T IT?

[LAUGHTER] IT WAS FOR ME WHEN I WAS IN THE ROLE TOO.

>> BONNIE ERBE: IT IS.

[LAUGHTER] UM, WHAT DID YOU DO THERE AND WHAT DID YOU LEARN THROUGH THOSE EXPERIENCES?

>> JEAN CASE: YEAH, SO REALLY WHAT WE'RE TRYING TO DO WAS GALVANIZE BOTH VOLUNTEER SERVICE AND CIVIC ENGAGEMENT ACROSS THE NATION, BUT OUR LARGEST INITIATIVE THAT STILL GOES FORWARD TODAY THAT I'M REALLY EXCITED BY WAS WORKING WITH THE NON PROFIT SECTOR AND SAYING TO THEM WHAT ARE YOUR GREATEST NEEDS AND WHAT MIGHT WE DO TO HELP YOU?

AND VERY CLEARLY THERE WERE AREAS OF TALENT THAT THE NON PROFIT SECTOR JUST COULDN'T COMPETE TO GET.

THEY COULDN'T COMPETE WITH THE PRIVATE SECTOR WAGES OR STOCK OPTIONS, OR WAGES OR WHATEVER.

AND THEY'RE THINGS YOU WOULD UNDERSTAND, TECHNOLOGY, RECRUITING, BUSINESS PLANNING, ETC AND SO WE WENT OUT TO THE PRIVATE SECTOR AND WE SAID OKAY THE NON PROFIT SECTOR NEEDS YOUR HELP WHAT WILL YOU DO AND WE CREATED AN INITIATIVE CALLED BILLION PLUS CHANGE AND WE ASKED THE CORPORATE SECTOR TO GIVE A BILLION DOLLARS IN PRO BONO TALENT TO THE NON PROFIT SECTOR, WELL THAT HAPPENED, WE SURPASSED AND THE NUMBER TODAY IS OVER 5 BILLION DOLLARS IN PRO BONOS, PRO BONO TALENT GOING OUT INTO THE NON PROFIT SECTOR, SO TO ME THAT WAS AN ENDURING INITIATIVE OF THAT COUNCIL BUT IT WAS REALLY BY LISTENING TO THE NON PROFIT SECTOR AND SAYING WE CARE DEEPLY ABOUT CIVIC ENGAGEMENT, WE CARE DEEPLY ABOUT SERVICE, AND WE CARE ABOUT WHAT YOU DO IN THE COMMUNITY AND WE RESPONDED TO THEIR CALL.

>> BONNIE ERBE: TELL ME HOW THESE CROSS GOVERNMENTAL, CROSS SECTOR PARTNERSHIPS BETWEEN GOVERNMENT, BUSINESS, AND THE SOCIAL SECTOR.

TELL ME ABOUT SOME OF THEM SPECIFICALLY AND HOW THEY WORK?

>> JEAN CASE: SURE, WELL LET ME TELL YOU ABOUT ONE.

FIRST OF ALL, AT THE CASE FOUNDATION EVERYTHING WE DO IS CROSS-SECTOR, SO WE ALWAYS TRY TO HAVE A PUBLIC SECTOR PARTNER, PRIVATE SECTOR PARTNER, OTHER PHILANTHROPIES, NON PROFIT UM WITH THE OBAMA ADMINISTRATION, WE DID SOMETHING WITH THE WHITE HOUSE CALLED THE SUMMIT ON INNOVATION AND WE PARTNERED TOGETHER TO DO THAT AND THERE WE TRAINED UP 35 AGENCIES ON SORT OF STRATEGIES AROUND INNOVATIONS, AND SPECIFICALLY TAPING THE WISDOM THE CITIZENS OUT ACROSS THE LAND SO AS AGENCIES WOULD HAVE BIG CHALLENGES, THERE WAS NO WAY FOR THEM TO SAY OH WELL MAYBE THE SMARTEST PEOPLE ON THIS ISSUES AREN'T IN THE ROOM, OKAY, BUT WE CREATED SOMETHING CALLED CHALLENGE DOT GOV AND TODAY EVERY DAY THERE ARE HUNDREDS OF CHALLENGES BY FEDERAL AGENCIES PUT ON THERE THAT CITIZENS FROM ANYWHERE, FROM ANY BACKGROUND, BUT PARTICULARLY WITH EXPERTISE CAN COME IN AND HELP PLAY A ROLE AND HELP FIND SOLUTION FOR OUR COMMUNITIES.

>> BONNIE ERBE: AND HOW DID, UH, DID THAT RESULT IN MORE FUNDING FOR THE SOLUTIONS THAT WERE DEFINED?

>> JEAN CASE: IT DID, BECAUSE WHAT WE SAW THEN WAS THE PHILANTHROPIC COMMUNITY CAME ALONG AND SAID WE'LL HELP GET THAT FUNDED.

OUR FAVORITE STORY REALLY IS THAT WHAT IT CREATED WAS REALLY REALLY DIVERSE TABLES BECAUSE AS CITIZENS WOULD COME IN TO BE PART OF THIS SOLUTIONS, OFTEN YOU HAD PEOPLE WHO WOULD NEVER BE EXPOSED TO THE CHALLENGES, SO THE EBOLA SUIT NEEDED A NEW DESIGN.

THEY REALIZED IT WAS ACTUALLY PART OF THE PROBLEM IF YOU RECALL >> BONNIE ERBE: TRANSMISSION.

SURE.

>> JEAN CASE: YES, IN DEALING WITH EBOLA, SO WE DID A GRAND CHALLENGE FOR THAT AND IT WAS A WEDDING DRESS DESIGNER OUT OF BALTIMORE WHO SAT ON THE WINNING TEAM AND THE ULTIMATE SUIT THAT EMERGED, MANY SAID WOULD HAVE NEVER BEEN THE SUIT IT WAS BUT FOR THIS WOMAN WHO HAD VERY PRACTICAL, RIGHT, REALLY PRACTICAL, UH EXPERIENCE ABOUT YOU KNOW DON'T DO THAT, BECAUSE YOU'LL NEVER BE ABLE TO REPLICATE THAT OR IT'LL BE TO EXPENSIVE OR IT'LL BE TO HARD, AND SO THEY GIVE HER GREAT CREDIT FOR PLAYING A ROLE AS A CITIZEN IN GIVING ALL THESE SCIENTIST AND DOCTORS PERSPECTIVES THEY JUST WOULD NOT HAVE HAD.

>> BONNIE ERBE: THAT'S AMAZING, SO SHE, A WEDDING DRESS DESIGNER DESIGNED THE SUIT THAT PEOPLE COULD GO AN.. >> JEAN CASE: SHE PLAYED ON A TEAM THAT HELPED DESIGN THE SUIT.

THAT'S RIGHT.

>> BONNIE ERBE: HOW DID HER, UM, BACKGROUND AS A WEDDING DRESS DESIGNER HELP DESIGN THAT SUIT THAT SAVED PEOPLE, WHO OR ARE HELPING PEOPLE WITH EBOLA NOT GET IT?

>> JEAN CASE: WELL, YOU KNOW, WHEN I CAME INTO PHILANTHROPY, I SAW AMAZINGLY DEDICATED AND TALENTED PEOPLE REALLY FOCUSED ON DAUNTING CHALLENGES, BUT SOMETIMES THEY WOULD FORGET TO ASK THE PEOPLE YOU WERE TRYING TO SERVE WHAT THEY REALLY NEED, AND SOMETIMES THE PEOPLE WHO MIGHT BRING REALLY PRACTICAL SOLUTIONS BASED ON THEIR OWN BACKGROUNDS WEREN'T PART OF DEVISING SOLUTIONS, RIGHT WOULD BE A PROFESSIONAL GROUP UNDER FLUORESCENT LIGHTS.

WHAT WE LOVE ABOUT THE EBOLA SUIT STORY AND ABOUT OUR WORK AT CHALLENGE DOT GOV, WHICH ANYONE CAN GO TO LOOK AT TODAY, UM REALLY CALLS.

CITIZENS FROM ALL WALKS AND WHATEVER THEY CAN BRING TO A CHALLENGE THEY CAN BRING, AND I THINK SHE'S A GREAT EXAMPLE OF THAT.

>> BONNIE ERBE: THANK YOU SO MUCH JEAN CASE, UH, CEO OF THE CASE FOUNDATION, AND CHAIR OF THE NAT GEOGRAPHIC SOCIETY BOARD OF DIRECTORS.

WE REALLY APPRECIATE YOUR TIME AND ALL YOUR INSIGHT INTO THESE.•• >> JEAN CASE: GREAT, IT WAS REALLY GREAT TO BE WITH YOU.

THANK YOU SO MUCH FOR ALL YOU'VE DONE.

>> BONNIE ERBE: UH, YOU ARE MORE THAN WELCOME.

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