Politics, Philosophy & Social Sciences      Social Sciences

Money for Nothing

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Book Details
Language
English
Publishers
Strelitzia Ventures (24 July 2024)
Weight
0.47 KG
Publication Date
16/07/2024
Pages
320 pages
ISBN-13
9798218437367
Dimensions
15.24 x 2.03 x 22.86 cm
SKU
9798218437367
Author Name
R.F. Hemphill (Author)
Mr. Hemphill for much of his career was employed at AES, a global electric power generating and distribution company, where he served as Executive Vice President and Chief of Staff to the CEO. Hemphill was one of the three executives who began the company in 1981, growing it from a million dollar six person start up. AES owns and operates 38,000 MW of power plants in 21 countries around the globe, is publicly listed on the NYSE, and had approximately $18 billion of revenues in 2013. Recently, Hemphill was the founder and CEO of AES Solar Power Ltd from its inception until his retirement in December 2013. The company, formed in March 2008, is a joint venture of the AES Corporation and Riverstone LLC, an energy focused private equity fund. AES Solar is a leading developer, owner and operator of utility-scale photovoltaic solar plants connected to the electric power grid. These installations, ranging in size from less than 2 MW to more than 250 MW, consist of large arrays of land-based solar photovoltaic panels that directly convert sunlight to electricity. Under his leadership, the company designed, permitted and constructed fifty-one solar plants (526 MW) in seven countries: Spain, France, Italy, Bulgaria, Greece, India and the US. He has also been a senior policy official at the Department of Energy and Deputy Manager of Power at the Tennessee Valley Authority. Mr. Hemphill graduated Magna Cum Laude from Yale University and earned an MA from UCLA and an MBA from George Washington University. He served as an airborne infantry officer in the US Army in Vietnam, and in the Special Forces. His interests include geraniums, unsuccessful participation in Final Four pools, sporadic exercise, competitive duck cooking and tribal art.Read more about this authorRead less about this author
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If you think that the classic phrase “How hard can it be?” applies to givingaway money, you really should read this book. Even if you don’t actually know what you’re doing, can’t you just wing it and be a successful philanthropist ? As long as you’ve got some money that for some reason you wish to dispose of.

Wait a minute, how do you really measure “success” in the philanthropy biz? And why do so many non-profits and NGO’s object to having their efforts (using your money) evaluated?In this collection of stories, written as letters to his aunt, Bob Hemphill recounts the challenges, the mis-steps, and the accomplishments of his venture into philanthropy. How to find the right causes, how to negotiate with non-profits about measuring and reporting progress, and how to get over the surprise that comes with such modest requests for accountability being routinely resisted are all subjects discussed in detail, frequently in humorous detail.

Hemphill’s style is accessible and clear, frequently self-deprecating and always informative. You will learn a lot about wherever he finds himself and whatever he experiences.

That experience will be honestly reported. This is not a “how to give away a million dollars and thus save the world” self-important, look how smart I am kind of semi-biography book, it’s more of a “look how odd and interesting all this is” approach to the vagaries of the charitable life, with a humorous slant.

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