Fast Company – 2008 Social Capitalist Awards: Top-Performing Nonprofits

Fast Company Magazine and Monitor Group announced winners of their 2008 Social Capitalist Awards, naming Public Allies as one of the top nonprofits who use business tools to solve the world’s most pressing social problems, and who have demonstrated a consistent and unusually large impact on society.

“This attention to nonprofit innovation and performance is especially critical at a time when our leaders are transitioning, and new leadership is emerging to meet the needs of our changing world. Public Allies is honored to join the esteemed list of for-profit and nonprofits to receive this award,” says Paul Schmitz, CEO and President of Public Allies.

For five years, Fast Company has partnered with global consulting firm Monitor Group to identify, evaluate, and celebrate top-performing nonprofit organizations. The Awards assess social entrepreneurial organizations of different sizes and ages across social sectors as an explicit effort to further performance measurement and accountability in the social sector in a highly rigorous, data driven, comparative approach. Organizations are rated based on five critical components: social impact, entrepreneurship, innovation, aspiration and growth, and sustainability.

The 45 nonprofit and for-profit winners are featured in Fast Company’s December/January 2008 issue (on newsstands December 4-January 22, 2008), and on ( Winners will be recognized in a ceremony at the Westin Washington, D.C. City Center on January 8, 2008.

Public Allies is the premier pipeline for developing young, diverse,nonprofit and community leaders, and a nationally recognized source for preparing leaders and organizations to lead more effectively for these changing times. Public Allies is a fast growing organization operating leadership development programs in 15 communities, a national alumni network, and a training and consulting arm called The Leadership Practice.

Read more about this award here.