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Rotary International Ambassadorial

ScholarshipA Program for Goodwill and Cultural Understanding

What is Rotary?

International service organization founded in 1905

1.2 million members in 34,000 clubs in over 200 countries

Founded on ideals of service, ethical business, community engagement, and international understanding & goodwill

Global projects on polio eradication & cleft palate surgery

International programs for cultural & academic exchange

College: ROTARACT, High School: INTERACT

Ambassadorial Scholarship

Ambassador: join a local Rotary club and participate in service and club events; exchange cultural experiences in the host country

Scholar: pursue studies concerned with goodwill and the promotion of peace and prosperity for humanity

Rotary: TRF alumna, Rotary Club member upon return home

My Program

Escuela de Organización Industrial (EOI) Madrid

First business school in Spain

Founded on ideals of socially and environmentally ethical business, government, and civil society

MA in Sustainable Development and Corporate Responsibility

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CorporateStakeholders

Key Resource Providers for Sustainable Development

Moving Toward Shared Value

Corporate Philanthropy

VALUE: doing good

FUNCTION: citizenship, philanthropy, sustainability

MOTIVE: discretionary or in response to external pressure

PROFIT: separate from profit maximization

AGENDA: determined by personal preferences and external reporting

IMPACT: limited by corporate footprint and CSR budget

Corporate Responsibility

VALUE: economic and societal benefits relative to cost

FUNCTION: joint company and community value creation

MOTIVE: integral to competing

PROFIT: integral to profit maximization

AGENDA: internally generated and company specific

IMPACT: realigns the entire company budget

Keeping Responsibility at the Core

Examples from the Field

Calvin Klein providing women’s empowerment programs and job skills training for female garment workers in rural Vietnam

PricewaterhouseCoopers teaching financial literacy and engaging in small business consulting in Belize City, Belize

Public relations

Testing ground for domestic curriculum

Recruitment and retention

Incentivizing middle management

Team building

Supply chain efficiency

Benefits of the Approach

Applied Industry Expertise

Vested Interest in Project Continuation

Bolstered Operational and Financial Investment

Altered Perspective from Donor to Partner

Improved Impact for both Company and Community