30 Oct '11, 2pm

Starbucks: We are indivisible | new blogpost #ni11 @netimpact via @MarcGunther

Starbucks: We are indivisible | new blogpost #ni11 @netimpact via @MarcGunther

With the US economy reeling last summer, Schultz wondered out loud whether Starbucks could do for its retail communities in the U.S. something comparable to what it does in coffee-growing regions. The company needed a partner, and so Ben recommended Mark, an indefatigable expert on community development and finance. (Ben hastens to add that after making the connection, he stepped aside, and work on the project was done by others at Starbucks.) Through Opportunity Finance Network, Mark and his team can get the money raised at Starbucks into low-income communities quickly and with little or no red tape. Through its foundation, Starbucks donated $5 million to Opportunity Finance Network to get things rolling.

Full article: http://www.marcgunther.com/2011/10/30/starbucks-we-are-in...

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