I would have given each group $100,000. No, make that $1 million.
At the LBJ Auditorium, reps from each of seven nonprofits made their cases for three minutes at Philanthropitch, then followed up with three minutes of answers to questions from six judges, all successful entrepreneurs.
That’s it. No stacks of paperwork. No hours of pleasing donors.
Just pure, compact rhetorical power. And oh yes, a good cause. And a plan that includes growth and internal sustainability. This is how the celebrity judges split up the money:– Half Helen Foundation: $64,100 – Thinkery: $38,210 – Code2College: $35,553 – AIDS Services of Austin: $27,950 – College Forward: $18,913 – Generation Citizen: $11,722 – VentureLab: $7,052
But wait, there’s more.
“There was this amazing moment in the judges’ deliberation room where Kendra Scott asked if she could announce two internship placements for Code2College (which coaches nontraditional students to code) and the answer was obviously, YES!” reports Dan Graham, CEO of BuildASign.com cofounder of Notley, the group behind Philanthropitch, which has spread across the country and to the U.K.. “Immediately Gay Gaddis from T3, Jag Bath from Favor and Mellie Price from the Dell Medical School also committed to two internships each!”
CODE2COLLEGE: How to make any student ready for tech career.
On stage, as the the winners received big checks, Lisa Graham announced “Oh and Mr. Stephenson, we have another announcement for you” and proceeded to announce all the internships, which give Code2College added credibility and sustainability.
“As Lisa was finishing, Matt Stephenson (founder of Code2College) began running around hugging the judges and that’s when a woman starting sprinting up the aisle,” Dan recalls. “It was Amy Averett with Alamo Drafthouse announcing that they, too, were committing to two internships! That’s a total of 10 internships.”I love Austin.