CGI: Lemelson Foundation -- A Philanthropy Investing in Market-Based Solutions
In a private meeting with Julia Novy-Hildesley, Executive Director, the Lemelson Foundation, I found out what went on behind closed doors at the Clinton Global Initiative (CGI) when the media were not present. Novy-Hildesley was the track leader for "Strengthening Market-Based Solutions," one of CGI four key tracks. I also learned from her about the Lemelson Foundation's extraordinary financial innovations in investing in for-profits; this is a new twist for philanthropies at the forefront who fund for-profits as well as nonprofits.
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