Welcome 2018 INDUSTRY SEMINAR SERIES.

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Presentation transcript:

Welcome 2018 INDUSTRY SEMINAR SERIES

World Vision and the NFP Sector Ben Scuteri World Vision Australia Ben.Scuteri@worldvision.com.au 17 May 2018

Overview My background The NFP sector World Vision and the work we do Social impact investing Working as a lawyer in the NFP sector Building your career path

The NFP Sector NFP sector statistics Charities Accounts for approximately 3.8% of GDP Employs approximately 9% of Australian workforce (excluding volunteers) Charities Governed by the ACNC Approximately 54,000 registered charities Key statistics from the 2016 ACNC Charities Report: Key challenges for sector Generating revenue Maintaining trust of donors Achieving and maintaining compliance, particularly in INGO sector

World Vision Australia - who we are World Vision Australia is a relief, development and advocacy organisation dedicated to working with children, families and communities to overcome poverty and injustice Established in Australia in 1966

Area Development Plans Our field work Area Development Plans Assessment: engage the community to learn about the area Design: work with local stakeholders to develop detailed project plans to address child well-being priorities Monitoring and Evaluation: continual reporting and evaluating to meet goals Transition: empower communities to sustain benefits

Legal work at World Vision Grants & Field Impact  $20m grant from The Global Fund for Tackling TB and HIV in Papua New Guinea Marketing  Global 6K for Water: drafting participant T’s&C’s and reviewing marketing materials Retail & Contact Centre  Advice on privacy requirements and communication scripts Strategy & Innovation  Establishment of Little Things Coffee Private Funding, Partnerships & Philanthropy  Jetstar affiliation: advice on employee engagement program Corporate Affairs & Advocacy  Advice on impact of foreign donations legislation Support Services: IT, Finance, Property  Negotiating contract for marketing automation services

Social impact investing Investments made with the intention of generating measurable social and/or environmental outcomes in addition to a financial return Social impact investing is an emerging, outcomes based approach that brings together governments, service providers, investors and communities to tackle a range of social issues Backed by the Australian Government

Little Things Coffee Social enterprise cafe and coffee roaster in Blackburn All profits further the work of World Vision Legal work required: Legal Structure & Tax Advice IP Advice Building Contract Terms with Retail Customers Supply & Licence Agreements Employment Advice

Cookstoves Development Impact Bond Aims to improve health outcomes of households cooking on open fires, by funding the establishment of a clean cookstove supply chain in South East Asia Some of the legal work required: MOU with Stakeholders Investment Agreement ADALY Purchase Agreement IP/security Advice

Working as a lawyer in the NFP sector Working for cause Highly motivating and rewarding in an often challenging profession Broad range of work Great variety and stimulating challenges Becoming increasingly sophisticated Diversity of people Helps develop perspective Limited resources Responsibility to your supporters and the Australian public

Building your career path Career building tips based on my experience: Attitude is key Private practice experience and training is valuable Look for gaps in knowledge and capability Different experiences build perspective Focus on what you can control Seek feedback and opportunities to learn Develop your own style Don’t be in a hurry Understand your organisation and your industry Technology skills Soft skills Key component of 60% of all jobs by 2030 Micro credentials (e.g. “adversity quotient”)

Any questions?