Today we wanted to share a positive story about a student team from the Net Impact Chapter at CU Boulder who have demonstrated how having a focused, well-established goal can bring about big results for a good cause.
The CU Boulder team won the 2nd annual Liquidnet Markets for Good Challenge with an insightful project that allows donors wishing to give to nonprofits with a real-time view of human needs and highlights the organizations doing the most to meet these needs.
The team won $7,500 for their efforts, Marketwatch.com reported, and an additional $2,500 that will go to Nyaya Health, a nonprofit that operates a hospital and mobile medical care services in Nepal, as per the students’ choice.
“A thriving society requires a thriving social sector, and a thriving social sector depends on enough money going to truly high-performing nonprofits tackling the really tough challenges,” said Brian Walsh, who oversees Liquidnet For Good, the company’s corporate social engagement program. “By encouraging some of the best business school minds to help us identify innovative solutions to drive more money to more effective nonprofits, we hope that we can inspire broader impact.”
We would love to see this kind of initiative and have a similar impact on the diabetes industry. One thing that our various reports have made clear is that an alternative perspective can help maximize the efficiency and success of the diabetes non-profits – they are doing a great job of bringing the community together and funding many projects, but can do even more towards a cure if they set a defined goal and timeline.
As the Liquidnet story highlights, staying well informed and knowing which organizations to donate to is also a crucial aspect when it comes to speeding up the process for finding a diabetes cure. The JDCA’s publications are an excellent resource that highlight where and how the major non-profits are spending donor money and gives donors the power to make their intentions heard.