January 19, 2023 (Hingham, MA) – Founder and Managing Partner Paul Kent today announced the operational launch of the disAbled Life Alliance (dALA), a public benefit corporation that facilitates meaningful, measurable, and sustained impact in disabled communities, through the leveraging of client initiatives and resources with pioneering community building technology.
dALA is seizing the opportunities afforded by the massive accumulation of philanthropic wealth during the past decade to better impact the disabled community by targeting specific needs with speed and at scale.
The latest National Philanthropic Trust Report estimates $234 billion is in DAF charitable assets and $1.3 trillion in private foundation assets for 2021, yet there is a growing delta between contributions into DAFs and foundations and their grants. Bridgespan notes the philanthropy movement is gaining momentum, highlighted by the example of MacKenzie Scott, who gave $3.8 billion in donations in 2021.
“Because we believe that teams with experience on the front lines of challenges will know best how to put the money to good use, we encouraged them to spend it however they choose... It empowers receivers by making them feel valued and by unlocking their best solutions. Generosity is generative.”
- Mackenzie Scott
Despite the growth in philanthropy, the gaps in care for the 1 in 4 Americans living with a disability today continues to grow. The disabled community faces disproportionate gaps in medical care, access to vital resources, and patient advocacy, resulting in economic, physical, and mental distress. dALA aims to close this gap with speed and targeted, measurable social impact.
In the coming months dALA will focus on a series of initiatives developed in partnership with clients to address a wide range of disabilities, from limb loss to neurological disorders such as cerebral palsy, by bridging and allocating the resources of its philanthropic clients. For each initiative, dALA aims to broadly, inclusively, and sustainably deliver essential resources and innovative solutions to the intended members of the disabled community.
disAbled Life Alliance
Founder and Managing Partner Paul “PK” Kent joined the disabled community on December 1, 2020, when he underwent a groundbreaking, bilateral below-the-knee amputation procedure known as the Ewing Amputation. Earlier, his professional career focused on financial services, primarily at Jefferies and Company, a global investment bank, where he held senior roles, ultimately overseeing US Equity Sales and Trading. Later, he started a firm dedicated to funding first-time fund managers, which led him to establish relationships that led him into the social impact movement.
Joining the team are Managing Director of Operations Lauren Sears, a health activist, and Managing Director, Business Development James Carmack, who took on senior roles for 26 years at Jefferies & Company and was also part of the leadership team at Imperial Capital.
For More Information contact Lauren Sears at firstname.lastname@example.org