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Emerging News Echoing Green Foundation Announces 2002 Public Service Fellowship Recipients New York, NY, May 21, 2002 - The Echoing Green Foundation, a leading nonprofit provider of support and financing for emerging public service leaders, today announced the recipients of its prestigious Echoing Green Public Service Fellowships for 2002. After a record number of 1100 applications from around the world, Echoing Green awarded 19 Fellowships totaling over $1 million to emerging social entrepreneurs. The Fellowships will provide seed money for 14 new initiatives that address various social and community issues in the U.S. and internationally. The Echoing Green Public Service Fellowship offers funding of $60,000 to $90,000 over two years for individuals or partnerships to start-up and build innovative, sustainable projects and organizations that will effect social change. Taking a venture capital approach to philanthropy, the organization also provides technical assistance to its Fellowship recipients to assist them during the start-up phase of their projects. David C. Hodgson, Partner at General Atlantic Partners, LLC and the Foundation's Chairman of the Board noted, "Echoing Green, for over a decade, has been at the forefront of venture philanthropy, as a key early-stage funder of innovative projects with a social change mission. We have been willing to take on a significant level of risk investing in promising individuals and their ideas. We look toward continuing to realize a social return on our investment from those we have funded in the past as well as our newest Fellows." To be eligible for an Echoing Green Public Service Fellowship, applicants must propose projects or organizations that are innovative, sustainable over time, and have the ability to create long-term impact for a community. Successful candidates must demonstrate they possess the requisite experience, knowledge, commitment to social change, and strong leadership qualities to implement successfully and build the proposed ventures. This year's class of Echoing Green Public Service Fellows are:
Echoing Green's Acting President and former Echoing Green Public Service Fellow, Dr. Cheryl L. Dorsey said, "This newly selected class of Echoing Green Fellows is an extraordinary group of passionate, committed, and innovative individuals who now have the opportunity to develop their visions of social change and create vibrant and effective public service organizations. As one of the few foundations willing to invest in people's ideas and potential, we are building a community of public service leaders whose work is having a very real impact on our society and the world." The 2002 Echoing Green Public Service Fellows are a diverse group of social entrepreneurs with initiatives that serve a wide range of social needs that are mostly unaddressed by existing social service or advocacy organizations. For example, this year's Fellowship recipients include:
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What Failed Dot-Coms Can Show Charities Echoing Green Foundation Announces 2002 Public Service Fellowship Recipients |
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