Ashoka (non-profit organization) explained

Ashoka
Named After:Emperor Ashoka
Logo Alt:Logo of Ashoka
Formation:[1] [2]
Founder:Bill Drayton
Tax Id:51-0255908
Status:501(c)(3) nonprofit organization
Headquarters:Rosslyn, Virginia, United States
Location:Sub-Saharan Africa,
Asia,
North America,
South America,
Europe,
Middle East/North Africa[3]
Coords:38.8956°N -77.0719°W
Owners:-->
Leader Title:Chair, Chief Executive Officer
Leader Name:Bill Drayton[4]
Leader Title2:Leadership Group Member
Leader Name2:Anamaria Schindler
Leader Title4:Leadership and Impact Co-Lead
Leader Name4:Diana Wells
Board Of Directors:Bill Drayton, Sushmita Ghosh, Mary Gordon, Roger Harrison, Fred Hehuwat, Sara Horowitz, Felipe Vergara, Kyle Zimmer
Revenue:$52,979,773[5]
Revenue Year:2021
Expenses:$40,874,251
Expenses Year:2021
Endowment:$36,437,514 (2021)
Employees:111 (in U.S.)
Employees Year:2021
Volunteers:324
Volunteers Year:2021
Purpose:The creation of an association of the world's leading social entrepreneurs—men and women with system-changing solutions for the world's most urgent social problems—and fostering a global culture of everyone being a changemaker for the good of all.

Ashoka (formerly branded Ashoka: Innovators for the Public) is an American-based nonprofit organization that promotes social entrepreneurship by connecting and supporting individual social entrepreneurs.

History

Growing up, Bill Drayton was inspired by Mahatma Gandhi and the Civil Rights Movement.[6] Drayton wanted to mitigate income inequality through social entrepreneurship.[6] Drayton founded Ashoka in 1980.[1] [2]

The organization was named after the Emperor Ashoka The Great, the ruler of the Maurya Empire during the 3rd century BC.[7] Emperor Ashoka recognized the suffering that he had caused by unifying his empire, and he promoted religious and philosophical tolerance and the paramount importance of morality when working for the public.[8]

Fellows

Ashoka identifies social entrepreneurs with solutions to social problems who seek to make large-scale changes to society. Ashoka searches for individuals who have vision, creativity, and determination and are motivated by public gain rather than personal gain.[9]

Social entrepreneurs who pass the selection process are called Ashoka fellows.[10] Each Ashoka fellow receives a financial stipend that they can use to pay for their personal expenses so that they can fully devote their time to the pursuit of their innovative social ideas. The size of the stipend is decided on a case-by-case basis, according to the cost of living in the entrepreneur's local area. The stipend is available for up to three years. The organization is very clear that the stipend is only for living expenses and not for funding the social entrepreneur's initiative or organization.[11]

Ashoka fellows are connected with successful entrepreneurs in order to help the fellows succeed in implementing their social ideas.[12] Ashoka fellows are expected to regularly participate in meetings with other Ashoka fellows. Ultimately, the Ashoka fellow is expected to convert an innovative solution into a self-sustaining institution.[13]

Ashoka funds the stipends by raising funds from donors, which it uses as venture capital.[14]

Of Ashoka fellows with ventures that are more than five years old, Ashoka says that more than 80% have had their solution implemented by others; 59% have directly affected national policy; and each Ashoka fellow is helping an average of 174,000 people.[15]

Organizational policies

According to the organization, it does not accept funding from any government;[16] although it has partnered with governments on projects[17] and it received a $1,585,600 Paycheck Protection Program loan in 2020.[18]

While Ashoka says it does not petition governments for social change, it provides advice to organizations such as the World Bank when requested.[16]

Citizen-sector organization

While the United States Internal Revenue Service has approved Ashoka's headquarters as a 501(c)(3) nonprofit organization, and some countries consider Ashoka to be a non-governmental organization, Ashoka itself prefers the term citizen-sector organization in order to emphasize what it is, rather than what it is not.[19] According to Ashoka, citizen-sector organizations are groups of citizens who care and act to serve others and cause needed change.[20]

Notes and References

  1. "ASHOKA - Initial File Number: 802351". District of Columbia Department of Consumer and Regulatory Affairs. Government of the District of Columbia. Accessed on April 6, 2016.
  2. "Ashoka Financial Statements, August 31, 2014, and Independent Auditor's Report, April 30, 2015". Ashoka. April 30, 2015.
  3. "Annual Report". Ashoka: Innovators for the Public. 2012.
  4. "Our Leadership". Ashoka. Retrieved November 27, 2022.
  5. "Form 990: Return of Organization Exempt from Tax". Ashoka. August 31, 2021.
  6. Barnes, Denise. "Ashoka's entrepreneurial vision fosters social change". The Washington Times. August 12, 2002. p. B08.
  7. Karkabi, Barbara. "Tomorrow, the world: Interest in foreign affairs leads young Houstonian down an international career path". The Houston Chronicle. September 24, 1996. p. 1.
  8. Geracimos, Ann. "William Drayton". The Washington Times. March 23, 1994. p. C14.
  9. Meadows, Donella. "Entrepreneurs planning a better future". Charleston Gazette (Charleston, West Virginia). December 22, 1997. p. P4A.
  10. Veigle, Anne. "Va. group helps out creative talents". The Washington Times. April 20, 1992. p. B4.
  11. Springer, Richard. "Ashoka Fellows Include Street Beautification Project". India - West (San Leandro, California). January 17, 1992. p. 31.
  12. Saddler, Jeanne. "Entrepreneurs link Up with innovative Third World social activists.". The Wall Street Journal. December 11, 1990. p. B2.
  13. Harley, Richard M. "Entrepreneurs show India that philanthropy pays". The Christian Science Monitor. March 15, 1985. p. 23.
  14. [Linda Wertheimer|Wertheimer, Linda]
  15. "Social Entrepreneurs: Who Are They?". Daytona Beach News-Journal (Daytona Beach, Florida). May 20, 2007. p. 1B.
  16. Boris, Joseph. "Bridging Brazil's digital divide". UPI NewsTrack. February 22, 2001.
  17. "Ashoka Innovators for the Public and Nagaland State Government join hands to build a changemaking ecosystem". ANI. March 14, 2022.
  18. "Ashoka". PPP-Loan.info. Retrieved November 27, 2022.
  19. Chatterjee, Chirantan. "I believe I can fly: David Bornstein". The Economic Times (Mumbai, India). May 21, 2004.
  20. "Why Citizen Sector? ". Ashoka: Innovators for the Public. Accessed on April 12, 2016.