Barbara Meyer, Bert and Mary Meyer Foundation and the Southern Partners Fund Case Solution
Teaching Notes are offered for trainers with this case.
Barbara Meyer, creator and president of the Bert and Mary Meyer Foundation was not constantly comfy with the wealth she acquired from her daddy. Meyer was 24 when her dad passed away in 1965, leaving her a number of thousand dollars in UPS stock. By 1984, the stock deserved $2 million, offering the funds with which Meyer began the Bert and Mary Meyer Structure ("BAMM"), a household infrastructure concentrated on rural grassroots neighborhood arranging in 14 southeastern states. 10 years later on, as component of the foundation's tenth anniversary, the board vowed to move the foundation's whole endowment of $7.5 million to exactly what was to become Southern Partners Fund "SPF"), established and governed BAMM beneficiary leaders-- grassroots neighborhood organizers throughout the rural South.
This case checks out Meyer's function in the production of the Southern Partners Fund, the worths and beliefs behind SPF's special technique and the foundation's accomplishments.
Meyer established her enthusiasm for dealing with farmworkers while, as an individual of the League of Women Voters, she was actively associated with the League's research study on farmworkers. Through this work, she acknowledged the distinctions in between dealing with a social issue's signs rather than resolving its source. She likewise pertained to highly think that individuals experiencing an issue are the only ones who can establish a really feasible long-lasting option. Meyer thought that abundance did not give understanding which a foundation's objective must be to equip regional neighborhoods-- helping them acknowledge the power they have and discover ways to utilize it.
This is just an excerpt. This case is about Business