The Social Good Innovation Fund
a skill-assessing, grant-writing, mentor-matching nonprofit
helping people with no hope
The Social Good Innovation Fund
a skill-assessing, grant-writing, mentor-matching nonprofit
helping people with no hope
Intro
For 43 years, I have spearheaded numerous transformative anti-terrorism initiatives worldwide. Yet, this nonprofit presents a challenge much greater than all of my previous projects combined. This nonprofit can potentially change the world to help future generations.
Driven by my strong desire to help people with no hope, I recognize that funding social innovators is the way that I can leverage every dollar that is granted or donated to this 501c3 nonprofit.
My vision is to discover, analyze, educate, mentor, fund, and empower innovators to create happiness, hope, and sustainability in desperate communities.
I appeal to all individuals with abundant compassion to help me support social innovators in creating hope, happiness, and a way to survive. By helping a few innovators, you will be leveraging your donations to give life to many individual families.
Michael W. Davis, 2024
Who We Are
I am starting and have received certification as a Florida-based grant-writing 501(c)(3) non-profit charity affirmed by the IRS in Nov. 2022 as EIN 85-0963053.
Our Mission
I will rally donations and use them to write grants to innovators so that they can create hope, happiness, and sustainability for people with NONE.
Our Value Proposition
I am committed to being a responsible steward of gifted dollars, ensuring that those dollars will bring hope, happiness, and options to desperate people with none. A condition of the grants that I write will require each grant recipient to produce one or two weekly video updates regarding their progress. I will send those video updates to each of our donors. The videos will showcase the incremental progress or roadblocks of each innovator and will clearly illustrate how each innovation is impacting the lives of the beneficiaries.
Our Innovation and Innovator Assessments
We have a fundamental need to create an extensive ASSESSMENT QUESTIONAIRE FOR each INNOVATION. First, we need to predict how the innovative product or service will improve the lives of desperate people. Our assessment will also need to determine how to test, refine, scale, and distribute the innovation and the funding that will be required to begin producing the product or service.
We also need to create an assessment questionnaire for each innovator. After we know the potential impact of the innovation (see the paragraph above), we need to predict how much, what type, and how to provide the necessary support to ensure success.
Challenges Facing Many Social Innovators
Together, we will identify why some innovators succeed in reaching a functioning product or service and why other innovators fail. Powered with that knowledge, I believe that The Foundation can help preempt social innovation failures by sharing that knowledge and demanding that innovators cooperate with experienced mentors to avoid failure.
Our team and partners can apply our collective skills, passion, and resources to avert failure by harnessing the innovator's knowledge, creativity, and passion.
Our skilled product and service teams will collectively do what we can to offer desperate innovators a way to survive and support their families.
As an innovator, it is my observation that we need to provide the following help to our social good innovators:
1. Most innovators love and are obsessed with their innovation. They use all available money, including that of their family and friends, to reach a Proof-of-concept for their innovation. When reaching the proof-of-concept phase, the innovator typically destroys his credit in order to achieve what others have failed to do. With poor credit, the innovator cannot qualify to borrow the money needed to launch without 'selling out' control of the innovation to investors. However, the innovator hangs onto his dream and refuses to 'sell out'. This refusal frequently results in bankruptcy and, ultimately, the death of the dream/product/service.
Reaching an agreement with the innovator will be a very difficult challenge due to the aforementioned reasons. In addition, it is common for the innovator to pledge part ownership in the innovation in order to acquire operating capital through the development phase of the innovation. Most innovators started developing their innovation by obtaining investments from family and friends. Also, most innovators start the development of their innovation with a dream and a promise of making money from the sale of the innovation. That is how the 'American dream' gets started. So, making whole' all investors will certainly be a starting point with respect to any grant or funding offer.
A socially good innovator is different from an innovator who has the sole ambition of making a lot of money from the innovation. A socially good innovator has the ambition of supporting his family adequately but does not necessarily make a lot of money. Depending on the skill of the innovator and the quality of the innovation, negotiating to give a grant to the innovator or buy control of the innovation will be a psychological challenge and may result in an impasse in our demand. In that case, The Foundation must be willing to walk away from the opportunity since it must make good business sense relative to the grants and donations that it could raise versus the total cost of sustainably delivering the product or service. In no case shall the Foundation pursue the innovation without a complete and amenable agreement of cooperation or ownership with the innovator.
2. We hope to find retired executives, primarily through SCORE.org, who have relevant successful experience in launching and operating a global product or service business. These retired executives hope to 'pay it forward' in appreciation for their own career successes, and they are willing and eager to work with and help access the needs of our innovators!
3. To help desperate communities, one must respect those communities and the social structure that is already in place! More damage can be done by not respecting the community's elders and the existing social dynamics of the community than if we were to do nothing! So, we must partner with NGOs and other nonprofit organizations that already deliver products and services to target communities. This is an absolute necessity to achieve our mission! One of my greatest challenges will be to find and create these strategic relationships with other organizations that already deliver to our target communities!
4. I will seek grants from foundations, other nonprofit organizations, and philanthropists that share our mission. To identify and reach these funding sources, we will need to develop and retain specialized marketing talent to create compelling and ongoing stories and publish them on social media channels. This marketing effort will also need to send out email video updates to each of our funding partners every week or twice each week. These video updates will be essential in building and retaining our funding partners. I anticipate that most donations will be earmarked for a specific innovator, innovation, or Foundation, so the video updates will need to be created specifically for them. To retain donor trust, our certified accounting department must show that 100% of our earmarked donations go directly to the earmarked project!
How We Support Social Good Innovators
We assess the strengths and weaknesses of innovators and their innovation.
Each innovation is evaluated and managed as a separate project.
We will make a short introductory video introducing each innovation, so that we can attract retired executives and other volunteers to serve on 'The Team' for each innovation. This is a short introductory video created with information obtained from an initial questionaire form, provided by the innovator.
We use these short introductory videos to reach out to Retired Executives and volunteers with information about each project through Score.org. The volunteers that respond will share specific interests and expertise relating to a project. This group of volunteers forms 'The Team' for that project.
With the help of 'The Team', we try to determine everything that will be required to deliver the innovation to communities that need it.
That determination will be converted to a business plan using a template that will be constantly refined and applied to each project.
We must establish strategic relationships with nonprofits, NGOs, and community leaders, that may identify and provide distribution channels serving desperate communities. This will ensure that we respect those communities and the social structure that is already in place!
As each project becomes better defined and it becomes clear that we can raise funds to support it, we will use our storytellers to begin the weekly story for that project. These storytellers and their weekly video updates will play an essential role in ensuring ongoing support for each project.
We will obtain donations earmarked to support a specific project.
As we discover other resources that can help in project support, we will provide them to each project.
How we Obtain our Funds
In addition to obtaining donations from this website and from multiple advertising campaigns, we reach out to Donor-Advised Funds, Private Foundations, Private Organizations, Individual Philanthropists, and Government Organizations to help fund this important initiative.
The Qualifications of the Founder
I am Michael W Davis, a 78-year-old Master Problem Solver. For 43 years, I successfully assessed, designed, built, installed, trained, and serviced integrated anti-terrorist systems that prevented terrorist attacks! I founded six companies within the field. Each was mission-driven.
I am applying my skill and passion as a giver, friend, analyst, problem-solver, and scientist to the challenges of this 501c3.
The ancient proverb, " It is better to teach a hungry man to fish rather than give him a fish," fits this challenge well. In my opinion, it is much more helpful to give a person or family with no happiness, hope, or choices a sustainable option than to give them a gift that may be gone tomorrow.
Our Volunteer Storytellers
The stories of the beneficiaries that our innovators are helping will become some of the most important inspirational human interest stories that need telling. Even though the storytellers will work for each innovator, they will also need to refine their skills for effective storytelling. 'The Fund' will seek volunteer support from retired storytellers that we find through our online presence.
Each innovator will be responsible to find storytellers to help in fulfilling their mission and keeping their donors engaged in their mission and giving. The innovators will need to outfit their storytellers with cameras and editing software so that they can create their stories. This will be an excellent training ground for writers, news media personnel, movie directors, commentators, newscasters, etc. These storytellers are identifying the most heartfelt, memorable, and life-changing interactions with the most desperate people.
Great stories of beneficiaries will be essential in growing and retaining donations through the weekly video updates promised to donors.
The Confidentiality of our Innovators, Beneficiaries, and Donors
It is my pledge as the Founder and Director of The Social Good Innovation Fund that I will use every tool available to secure the privacy of our donor, beneficiary, and innovator databases. Trust in our organization depends on our ability to maintain the anonymity and confidentiality of our donors and help our innovators communicate frequently with them.
Our Volunteer Storytellers
The stories of the beneficiaries that our innovators are assisting will help produce some of the most significant inspirational human interest stories anywhere. While the storytellers will collaborate with their associated innovators, they will also need to get recognition for their skill as effective storytellers. Those storytellers will need to receive donations to support themselves while reporting their stories. I will make that happen.
Each innovator will be tasked with finding storytellers to help fulfill their mission and keep their donors engaged in their cause. The innovators will need to equip their storytellers with cameras and editing software to enable them to craft these narratives. This will serve as valuable training for writers, news media professionals, movie directors, commentators, newscasters, and other professionals. These storytellers will highlight the most heartfelt, memorable, and life-changing interactions with the most vulnerable individuals in the world.
Compelling stories of beneficiaries will be crucial in expanding and retaining donations through the weekly video updates promised to donors.
As the Founder and Director of The Social Good Innovation Fund, I pledge to utilize every available means to safeguard the privacy of our donor, beneficiary, and innovator databases. The trust in our organization hinges on our ability to preserve their anonymity and confidentiality.