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Social Impact Investing

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Volunteering<br />

Day of Service<br />

In 1994, Congress designated Martin Luther King Jr. Day as a federal holiday as a<br />

national day of service ] and in 2009 designated September 11 as a national day of<br />

service. Both designations are affiliated with President Obama's United We Serve<br />

campaign, a nationwide service call.<br />

Community Partnerships<br />

White House Council on Community Solutions<br />

In 2010, President Obama signed the executive order establishing White House Council<br />

for Community Solutions to engage cross sector leaders to identify initiatives that<br />

expanded civic participation, helped solve the nation's most serious problems and<br />

create new pathways for "Disconnected Youth", 16- to 24-year-olds who are out of<br />

school and work. First Lady Michelle Obama served as honorary chair of the Council.<br />

The Council was chaired on a daily basis by former Gates Foundation CEO Patty<br />

Stonesifer. Its membership included a cross-section of business, nonprofit and<br />

community leaders including rock musician Jon Bon Jovi, Starbucks executive Paula<br />

Boggs, and eBay CEO John Donahue.<br />

The Council participated in a series of town hall meetings across the country and<br />

conducted considerable research to understand the issues facing this population. The<br />

Council delivered its Final Report and Recommendations to the President in June 2012.<br />

One of its recommendations was to reposition the conversation about "Disconnected<br />

Page 99 of 140

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