Global Good Fund's Next Step
Angela Atherton was just hired as The Global Good Fund’s first ever COO/CFO. The Arlington, Va., nonprofit decided it needed to bring in some expertise as it transitions from a donor-based org to one that will sell some of its social good services. Angela, who was head of risk management at Calvert Social Investment Foundation, says one of the first products will be a leadership assessment tool that helps entrepreneurs evaluate their leadership skills. The organization’s fundraising goal is around $700k from donors, and the expectation is that the for-profit products will eventually become the predominant income source.
The organization trains entrepreneurs tackling social issues through their for-profit, nonprofit, or a hybrid of both. Pictured is Valhalla Partners general partner Hooks Johnston addressing entrepreneurs at a summit this year. Global Good Fund accepts 10 fellows a year and puts them through a rigorous assessment of their leadership skills that includes polling their colleagues, clients, and board members. The fellow then works for 15 months on a leadership plan. They also each get $10k toward resources like classes to finish the plan.