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/
We Love Animals
Lou Bailey, Director of Alumni Relations and Planned Giving at St. Stephen's Episcopal School in Austin, sent us this adorable photo of her rat terrier, Roo...complete with reading glasses! http://www.sstx.org
Dixie Neeley, the Founder of the Triple Me Mac Equine Sanctuary in Bulverde, rescued this off-the-track thoroughbred from a boys ranch. Malt & Jam was starved and had a broken shoulder. The picture was taken last summer - he is totally healed and healthy! http://www.triplememac.org
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!