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For The Pew's Rebecca Rimel, the Bottom Line Is Impact, Not Profits

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
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When Rebecca Rimel, president and CEO of the Philadelphia-based Pew Charitable Trusts, describes the challenges she faces running a .6 billion organization, she uses the same words one hears from leaders in the for-profit world: “highly strategic,” “politically aware,” “leveraged” and “accountable.” But her bottom line is impact, not profits. “We are highly driven to make a difference in the key issues that matter to the health and happiness of our stakeholders — the public,” she said during a recent leadership talk at Wharton. “We play to win and choose initiatives where we think we can do that. Being focused and tough-minded [defines] the business I am in every day.” The Pew Charitable Trusts, which began 58 years ago as a private foundation, was started by the four sons and daughters of Joseph N. Pew, founder of Sun Oil. It is investing more than $200 million this fiscal year in a variety of areas, including the environment, health and the arts.…

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