Press We've Received

“Their name tags read like a catalog of the country’s wealthiest and most influential clans: Rockefeller, Pritzker, Marriott. They were there for a discreet, invitation-only summit hosted by the Obama administration to find common ground between the public sector and the so-called next-generation philanthropists, many of whom stand to inherit billions in private wealth. “I think it’s fantastic,” said Patrick Gage, a 19-year-old heir to the multibillion-dollar Carlson hotel and hospitality fortune. “I’ve never seen anything like this before.”

“Dave Moss is only 33 years old. But he’s already helped donate about $5 million. Last year Mr. Moss created the Unfunded List, which critiques start-up nonprofits’ rejected grant proposals and suggests alternative sources of funding. In most settings, Mr. Moss’ story would be exceptional. At a recent Washington gathering of the scions of some of the world’s wealthiest and most influential families, it was just another in the crowd. NEXUS is not your parents’ philanthropy conference. The recent iteration took place at the White House and the United States Institute of Peace over three days earlier this month, a networking bonanza that convened close to 200 young people with names like Bush and Tutu along with idealistic social entrepreneurs and impact  investors.”

“NEXUS was founded on the hope of hurrying history,” Rachel continues. “We believe that connections made at NEXUS will enable global partnerships for change to happen faster than they naturally would and thus international efforts around critical issues can take shape in more efficient ways.” Jeremy Vallerand, President of Rescue: Freedom which brings freedom to victims of human trafficking, attended the summit and echoed Rachel’s sentiment.”What I love about NEXUS is how it brings people together who blur the lines between philanthropy and business, entrepreneurship and humanitarianism.” After leaving the NEXUS Summit, I was both energized & motivated, but also admittedly overwhelmed.”

“Yet somehow, people used to private jets and luxury events are clamoring for a ticket, all trying to get into an event that has become the unlikely frontrunner in the race to transition optimistic conversations into real actions. Speakers like Alessandra Orofino, the Founder of Meu Rio, and Jack Andraka, the high school senior who created a faster, cheaper, and more accurate test for pancreatic cancer, are two of the many reasons why NEXUS has found success. By putting earnest people on stage who spend more time doing good than talking about it, NEXUS makes their priorities clear. It doesn’t matter if you’re the most eloquent , what matters is that you have a story to tell.”

“If, a generation ago, young heirs the globe over were being groomed to invest the family fortune, they’re now being specifically trained to run massive philanthropic foundations. In part, the trend towards magnanimity can be attributed to calls to action from prominent social activists and youth-oriented politicians. President Obama, for example, has encouraged affluent community leaders to mobilize for an “all hands on deck” approach to solving civic problems. He even extended the White House as a meeting place last year to a group of organizers responsible for staging the recent [NEXUS Youth Summit] conference at the UN at which children of the rich gathered to discuss the importance of strategic charitable giving.”

“The NEXUS movement, which was started at the UN in New York three years ago, attracted about 200 people to the event, hosted by the Foundation for Young Australians and, featured a long list of big names including NEXUS Co-Founder Rachel Gerrol, LeapFrog Founder Andy Kuper and G(irls)20 President and CEO Farah Mohamed. Attendee Holly Ransom moved the conversation towards leadership and spoke of a real need for a different kind of leadership in the philanthropy… “I think that we’ll start seeing different models of collaborating and partnerships to achieve social impact.”

“‘Philanthropy’ is a term that was once associated with ultra-wealthy retirees who signed big cheques to support charitable causes they are passionate about. But times have changed. Today, the face of philanthropy is a much younger one – and one with a much wider scope to cover today’s emerging challenges.

“While philanthropy still represents a love of humanity, it is no longer just about handing over money. Increasingly, it is also about the planned and structured giving of time, goods and services, influence and voice to improve the wellbeing of our communities.

“Ultimately, philanthropy is a powerful tool to help create social change.”

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