$100,000 Purpose Prize Calling for Nominations of People of Color

$100,000 Purpose Prize Calling for Nominations of People of Color

First-Ever Award Will Recognize Five People Over 60 Using Their Experience and Entrepreneurial Skills for Social Change


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San Francisco, CA–(HISPANIC PR WIRE)–January 27, 2006–Civic Ventures today called for more nominations of people of color for The Purpose Prize — five $100,000 investments in Americans over 60 who are combining their passion, creativity, experience and entrepreneurial skills to tackle issues of social significance. The nonprofit think tank and program incubator, which works to help America achieve the greatest return on experience, will honor up to 60 social innovators (“60 @ 60+”), along with the five winners later this year. While these individuals will be of all ethnicities, the Prize is specifically encouraging nominations for people of color.

“The Purpose Prize will honor social innovators who have one thing in common: they are making a social contribution after midlife and are ready to take it to the next level,” said Jim Emerman, executive vice president of Civic Ventures and director of The Purpose Prize. “Local or national, big or small, and regardless of language or race, these stories are out there, and we want to find more unsung heroes from more diverse cultural backgrounds.”

There are roughly 77 million baby boomers in the United States, and approximately 3.4 million will turn 60 this year. The Prize is part of a new national initiative to inspire and encourage millions of Americans to use their experience for the greater good as they reach the cusp of what once was called “retirement.”

Nominations can be made at http://www.leadwithexperience.org through February 28. Purpose Prize winners will be selected by a panel of judges, including Sherry Lansing, recently retired president of Paramount Pictures, and Harris Wofford, former U.S. Senator from Pennsylvania and former CEO of the Corporation for National and Community Service.

The $9 million effort, funded by The Atlantic Philanthropies and The John Templeton Foundation, includes a national summit to convene experienced and aspiring social innovators from across the country. A $1.5 million Fund for Innovation will provide grants to help winners and finalists expand their community work and take breakthrough ideas to scale.

$100,000 Purpose Prize Calling for Nominations of People of Color