Our next meeting also took place at the Kaiser office with the awesome women at the Draper Richards Foundation. The talk mainly centered around the process of due diligence that Draper Richards goes through when selecting a nonprofit organization for funding. The standards that they set for choosing people and selecting nonprofits is amazingly high. The quality of thought, the depth of understanding, and the desire for measurable results that Draper Richards demands comes largely out the venture capital background of its senior leadership team. Some key takeaways from the meeting:
-Scalability in nonprofits is important
-Measure, measure, and remeasure results
-Quality people matter more than any other single factor
-Having and knowing how to leverage social networks is super important for a nonprofit founder
-Self-learning capacity and high intellectual bandwidth are also key traits in founders
After our visit with Draper Richards we headed off to San Francisco to meet with Upwardly Global, an organization that helps highly skilled immigrants rebuild their careers in the United States. We arrived in San Francisco nearly two hours early -- and then spent the next two hours searching for a place to park our huge over-sized vans. (Lesson Learned: Parking sucks in the city). After a series of parking mishaps (pictured below), we finally found a place and set off on foot - only to walk to the opposite end of the city from where we were supposed to be. After a somewhat frantic search for a cab, we finally managed to make it to Upwardly Global. The founder of the organization, although not available to speak with us, was kind enough to record a video sharing her experiences of what it was like to run the organization. The highlight of the visit however was when we got to see Upwardly Global in action, during one of their training sessions for immigrants. Seeing all of the individuals benefiting from Upwardly Global's work was deeply inspiring and one of the highlights of a terrific day.
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