The two-fold focus of the Charles Phillips Charitable Organizations

Yield, gain, pay it forward.

From August 15, 2011

One of Charles Phillips’ priority businesses is philanthropy. Charities have been commonly used by organizations as a channel to fulfill their corporate social responsibility—but Mr. Phillips and his foundation take their funding services to a more personal and effective level of helping their target benefactors.

Phillips Charitable Organizations (PCO) opens up a new way of being generous, the kind that deviates from the cushy, glamorous-Boarded groups and focuses on what truly matters—linking together the ones in need and the ones who want to help. Instead of the traditional galas and other similar fund-raising events, PCO’s strategy has been the establishment of micro-charities requiring no administrative overhead that can make decisions on their own. This has also allowed Charles Phillips and the Organization's Board of Directors to focus on groups of interest that may not get much attention in the normal course of events.

From Getty Images

The two-fold target of the openhanded organization is composed of single mothers and disadvantaged students inclined in engineering. Its observations within the African-American community inspired PCO to take part in the complex challenges faced by a woman occupying two lead roles in a household. Its big heart goes to those women whom it believes have the strength and determination to take responsibility for their children.

Engineering students are also on PCO’s list as two of its board members are engineers by paper and profession. Its main thrust encompasses those who have the interest, aptitude, and financial need to explore STEM (Science, Technology, Engineering, and Math). Charles Phillips’ foundation expresses its desire to develop the country’s catalysts in the making, stating that: “We are strong believers in the value of hard skills as opposed to general purpose degrees. The easiest
path to a job is to do something in short supply and difficult to achieve.”

From August 15, 2011

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