Search TXNP
txnp temp ad

< More Funders and Foundations

Sunday, February 01, 2015

Share: facebooktwitterdigg

Capitalist Crusaders - Glimmer of Hope
Jeffries Blackerby

December, 2010

Eleven years ago, Donna and Philip Berber had a Texas-size life — a booming tech company in Austin (Cybercorp), three sons and, “you know, flowers in my garden,” says Donna, who started A Glimmer of Hope, a foundation to help the rural poor in Ethiopia. Then, after seeing a video of his wife handing out bread to the hungry in Addis Ababa, Philip made a trip there himself and decided to “turn my back on my commercial career.” With $60 million from the recent sale of Cybercorp to Charles Schwab (for $488 million), he joined the foundation full time, and the couple (he’s Irish, she’s English) became pioneers of philanthro-capitalism. The Berbers’ endowment covers all of Glimmer’s operating costs, which has allowed the foundation to spend $40 million and counting to help alleviate poverty in Ethiopia. “One hundred percent of the money, not 50 or 80 percent, needed to get to the people,” says Philip, comparing Glimmer’s business model with that of other charities. “We had to start with a clean piece of paper.”

Read more of the NY Times Blog at  http://tmagazine.blogs.nytimes.com/2010/12/05/capitalist-crusaders/



rss txnp blog

Your TXNP Weekly E-Newsletter is made possible by the generosity of:

FROST BANK in many Texas cities
THE SID RICHARDSON FOUNDATION in Fort Worth


IN MEMORY OF Valleau Wilkie, Jr.
Sid W. Richardson Foundation - Fort Worth

A gentle giant with a great heart who fostered excellence in everything he touched. We were blessed to know him.



Sign up for your personal TXNP E-Newsletter


TXNP Professional Members Are Dedicated to Texas and Texans.

Aurora Grants & Consulting | Bacon Lee & Associates | Dawson Murray Teague Communications | Graystone Consulting | J A Churchill Associates | John F. Lewis PC | McConnell & Jones LLC



The International Exotic Animal Sanctuary recently became home to two tiny American black bear cubs, one male and one female, who were found abandoned in their wild Alaska. These two were young, helpless, and unable to survive on their own. As such, they were transported to their new forever home in Texas. At IEAS, they will have 1.5 acres of forest, meadow, and grass to thrive in. With the help of Emotional Enrichment, they will learn to find security and trust in their new family. IEAS staff is eager and excited to make the lives of these cubs as amazing as possible, and they can't wait to watch them live like wild bears in a safe, caring environment!

at-t Meadows Foundation express news HOBLITZELLE FOUNDATION v greenly zachry foundation w b h b bank of america southwest airlines Sid W. Richardson Foundation forst