Bert and Mary Meyer Foundation and the Southern Partners Fund Harvard Case Solution & Analysis

Bert and Mary Meyer Foundation and the Southern Partners Fund Case Solution

This case checks out Meyer's function in the production of the Southern Partners Fund, the worths and beliefs behind SPF's distinct method and the foundation's accomplishments.

Knowing Objective

The special worths, beliefs and procedures of a grassroots humanitarian company, beneficiary and recipient permission, household structures, foundation endowment spend-down and moving humanitarian management.

Barbara Meyer, creator and president of the Bert and Mary Meyer Foundation was not constantly comfy with the wealth she acquired from her dad. Meyer was 24 when her daddy 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 Foundation (" BAMM"), a household structure concentrated on rural grassroots neighborhood arranging in 14 southeastern states. 10 years later on, as section of the foundation's tenth anniversary, the board promised to move the foundation's whole endowment of $7.5 million to exactly what was to transform into Southern Partners Fund (" SPF"), established and governed BAMM beneficiary leaders-- grassroots neighborhood hosts throughout the rural South.

Meyer established her enthusiasm for dealing with farmworkers while, as a registered member 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 instead of resolving its source. She likewise pertained to highly think that individuals experiencing an issue are the only ones who can establish a genuinely practical long-lasting service. Meyer thought that wealth did not give understanding which a foundation's objective ought to be to enable regional neighborhoods-- helping them acknowledge the power they have and find out ways to utilize it.

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