SIFE Worldwide - Annual Report

Annual Report: 2011

SIFE Annual Report: 2011 | 1

OUR MISSION
To bring together the top leaders
of today and tomorrow to create
a better, more sustainable
world through the positive
power of business.


TABLE OF CONTENTS
Letter from the Chairman & President 07
Year In Review 08
SIFE Around the World 20
Focusing on Results 44
Partners & Donors 52
College & University Members 66
Worldwide Leadership 82
Tribute to Jack Shewmaker 88


LETTER FROM THE CHAIRMAN & PRESIDENT
Dear Members and Friends,

This was a year of tremendous progress as we began to see the full results and positive impact of our new strategic plan.

We are proud to report that we met or exceeded goals in several important areas:

• We greatly expanded our reach, increasing the total number of university members, number of student participants and average
number of students per team.
• We significantly improved our impact through the implementation of a new program focus and judging criterion, and also
increased the number of community outreach projects.
• We strengthened the partnerships so vital to the long-term success of the organization, increasing the number of corporate and
organizational partners, as well as the number of partners giving in more than one country.
• We improved the capacity and sustainability of the organization, and made significant improvements to our financial
operating reserves.

This success is both a testament to the growing relevance of our mission and the commitment of our entire network, including
the worldwide and country boards and staff, and especially our students, faculty advisors and donors who advance the cause of SIFE
every day. The coming year promises to be one of continued progress and historic milestones. We look forward to sharing the
journey and celebrating our achievements together.

Thank you for everything you do in support of SIFE.

Doug McMillon Alvin Rohrs
Chairman, President & CEO,
SIFE Worldwide Board of Directors SIFE Worldwide

President & CEO,
Walmart International
Walmart Stores, Inc.

YEAR IN REVIEW
39 Country
Operations

440 Corporate &
Organizational Partners

1,600 College &
University Members

6,500 Community
Outreach Projects

57,000 Participating
Students

5,700,000 Student
Volunteer Hours

$21,400,000 USD Global Network
Revenue

8 | SIFE Annual Report: 2011

EXPANDING OUR REACH
SIFE is an international organization dedicated to
bringing together the top leaders of today and tomorrow to
create a better, more sustainable world through the positive
power of business. With the support of an extensive
network of corporate partners, SIFE establishes programs
on college and university campuses around the world.
Participating students form teams and work with a faculty
mentor and business advisory board, applying business
concepts to develop projects that empower people in need
to improve their quality of life and standard of living.

Growth At-A-Glance

Student
Participation: 20%
College and
University Members 6%
Average Number of
Students per Team: 37


Last year we experienced high demand for the SIFE program and expanded our reach by increasing the total number of member universities
to 1,600 and student participation to 57,000. In addition to this overall expansion, we also placed a more strategic emphasis on increasing
our representation amongst the world’s top institutions. SIFE Worldwide utilizes the Academic Ranking of World Universities (ARWU) as a
benchmark for evaluating the number of premier institutions in our network. Since some of the SIFE countries do not have any universities
listed on the ARWU, each country also benchmarks its operation against a separate national university ranking.

AFRICA, 4, 1%

AMERICAS, 65, 7%

44% Market Share
of Top Globally Ranked
Institutions
ASIA-PACIFIC, 49, 12%
in SIFE-Operating
Countries*

EUROPE, 57, 14%

Institutions without Institutions with SIFE *Analysis based on 2011 Academic Ranking of World Universities, Top 500 (www.arwu.org). 175 of 396 (44.2%) institutions within SIFE-
SIFE University Programs, University Programs, operating countries that ranked on the ARWU have Active SIFE University Programs (represents 35% of the 500 total institutions ranked).
221 175


IMPROVING IMPACT

The SIFE experience is designed to provide participating students with a platform to apply what they’re learning about business to make
a difference in their communities. From rural villages to bustling cities, SIFE teams are helping struggling entrepreneurs achieve success,
equipping the unemployed with skills to find work, teaching families how to gain financial security and bringing economic development to
distressed neighborhoods.

Last year, SIFE students contributed an impressive 5,700,000 hours of service to the completion of more than 6,500 community outreach
projects. Our program staff increased the number of training conferences held worldwide to further assist and empower teams to improve the
effectiveness of their time and quality of their projects. The implementation of a new judging criterion, which serves as the tool by which team
projects are evaluated, provided further focus to the program and placed a greater emphasis on outcomes.


New Judging Criterion:
Considering the relevant economic, social and
Number of Training
Conferences Held: 340 environmental factors, which SIFE team most
effectively empowered people in need by applying

22,433
Total Attendance at business and economic concepts and an
Training Conferences: entrepreneurial approach to improve their quality
of life and standard of living?


BUILDING CAPACITY

We continued to make significant progress toward our goal of operating a best-in-class non-profit, knowing that our future
growth and program impact will be driven by the overall organizational strength. Building the capacity necessary to
achieve these goals requires a special focus on recruiting and motivating a talented and professional staff – at both
the country and worldwide level, as well as building quality and sustainable country operations.
Full and Part-Time
The number of full and part-time employees representing SIFE World Headquarters and individual SIFE country Staff Worldwide:

operations increased to 209 over the last year as we continued to transition from volunteer management to a professional
staff at all levels of the organization. The ‘Country Index’ allowed us to complement staff development with a tool to train
209
and evaluate the effectiveness of each country operation. This index is based on six operational areas, each with multiple
benchmarks: Governance, Board of Directors, Organizational Capacity, Program, Financial Sustainability and Country
Management.


Regional
Leadership Meetings - 2011
Average Country
Index Score: • Calabar, Nigeria
• Carolina, Puerto Rico

3.9 • Seoul, South Korea
• Baku, Azerbaijan
• Rotterdam, The Netherlands


STRENGTHENING PARTNERSHIPS


SIFE is committed to growing a robust and diverse network of partner companies and organizations. Beyond the important financial support
provided by these partners, the active involvement of their executives and associates is vital to the success of our program and mission to
connect the top leaders of today and tomorrow.

We have significantly strengthened our partner network, expanding the depth of engagement with existing partners, expanding the overall
number of partners and increasing the number of partners supporting SIFE in multiple countries. By continuing to improve the relevance and
impact of our program and provide meaningful sponsorship opportunities at a national and global level, we generated higher levels of support
in FY 2011 and improved the financial health and sustainability of the organization.

At-A-Glance

Total Number of Total Number of Increase
Corporate and Partners Giving in More in Total Global
Organizational Partners: Than One Country: Network Revenue:

440 51 8.5%


GETTING CONNECTED
SIFE represents the premier business and higher education network,
with programs at more than 1,600 universities in 39 countries around
the world. The physical reach of the organization and expansiveness
of our program create a presence and opportunity for SIFE members
to impact a wide range of communities. The emerging power of
digital technology and social media now create an equally compelling
opportunity and means by which to connect these members across such
a large geographic area, further strengthening their collective impact.

We continue to increase our focus in this area and develop strategies
to more effectively leverage digital and social platforms. At a worldwide
level, we significantly increased our reach by integrating social media
more thoroughly into our overall communications and event activities.
We also saw progress at a country level as more SIFE country
operations came online with fully dedicated websites
and a broader presence across major
social destinations.

2010-2011 SIFE Annual Report

Global Web Presence Social Media

Global Gateway: www.sife.org 79% Growth in Likes in one year
• 35 Individual Country Websites • SIFE Worldwide Facebook Page
• 34 Countries have a presence

SIFE World Cup: www.sife.org/worldcup Other Social Media Platforms
• Year-Round Event Destination

SIFE China Social Media Platforms
SIFE World Cup LIVE: • RenRen
www.sife.org/worldcup/live • Youku
LIVE! • Live Online Event Broadcast • Todou

2010-2011Annual Report: 2011 | 19
SIFE SIFE Annual Report

SIFE AROUND
THE WORLD
SIFE Worldwide guides and supports
the activities of 39 individual country
operations, which are responsible for
implementing the SIFE program at a
national level. Operations in the U.S.,
China, Mexico, Brazil and India are
structured as operating subsidiaries of
the worldwide organization, with all
other country operations serving as
affiliate organizations.


AFRICA AMERICAS

College & University Members: 201 College & University Members: 697
Community Outreach Projects: 606 Community Outreach Projects: 3,744
Participating Students: 7,706 Participating Students: 25,371
Student Volunteer Hours: 1,611,043 Student Volunteer Hours: 1,219,426

Country Operation Launch Year Country Operation Launch Year
Egypt 2004 Brazil 1998
Ghana 2000 Canada 2000
Kenya 2003 Guatemala 2004
Morocco 2004 Mexico 1997
Nigeria 2000 Puerto Rico 2004
Senegal 2005 United States 1975
South Africa 2001
Swaziland 2002
Tunisia 2008
Zimbabwe 2001


ASIA-PACIFIC CENTRAL ASIA
& THE CAUCASUS
EUROPE

College & University Members: 421 College & University Members: 48 College & University Members: 241

Community Outreach Projects: 1,140 Community Outreach Projects: 173 Community Outreach Projects: 837

Participating Students: 16,633 Participating Students: 1,791 Participating Students: 6,319

Student Volunteer Hours: 2,098,418 Student Volunteer Hours: 202,573 Student Volunteer Hours: 617,949

Country Operation Launch Year Country Operation Launch Year Country Operation Launch Year
Australia 2000 Azerbaijan 2005 Albania 1998
China 2002 Kazakhstan 1995 France 2002
India 2003 Kyrgyzstan 1995 Germany 2003
Japan 2004 Tajikistan 1995 Netherlands 2002
Korea 2004 Poland 1996
Malaysia 2000 Russia 1998
New Zealand 2002 Ukraine 1999
Philippines 2000 United Kingdom 2001
Singapore 2003
Thailand 2004
Vietnam 2007


AFRICA


Egypt
REGION OVERVIEW Ghana

Kenya
SIFE first established operations in Africa
in 2000 and since that time has expanded Morocco
to 10 countries. In 2011, teams in this Nigeria
region contributed more than 1,600,000
Senegal
volunteer hours to 600 community outreach
projects. The two previous SIFE World South Africa
Cup champions are from Africa and the
Swaziland
Chinhoyi University of Technology team
Tunisia
from Zimbabwe placed second at the
2011 SIFE World Cup. Zimbabwe

Zimbabwe (10)

5% EGYPT (24) Tunisia (90) Zimbabwe (173)

Tunisia (8) 12% 1% 2%
Swaziland (6)
4% Swaziland (174)

2%
EGYPT (2,034)

3% GHANA (23) 26%
11%
SOUTH AFRICA (26) SOUTH AFRICA (1,602)

13% COLLEGE & KENYA (14)
21% PARTICIPATING
UNIVERSITY MEMBERS 7% STUDENTS GHANA (370)

201 7,706
SENEGAL (14)
SENEGAL (271)
5%
7% 4%

KENYA (581)

NIGERIA (38)
MOROCCO (38) NIGERIA (1,556) 8%
19% 19% 20% MOROCCO (855)

11%

PROJECT IMPACT

200
Farmers
Educated

90%
Increase
in Crop Yields

100%
Access to
Healthcare

2010-2011 SIFE Annual Report

VILLAGERS DISCOVER LIFE BEYOND POVERTY
Although Ghana continues to make strides in infrastructure and economic development,
poverty remains an ongoing problem in many of the area’s rural villages. This was the case
for Tomefa, an island with more than 1,500 inhabitants who for years have labored to survive
on farming and fishing. The SIFE team at the University College of Management Studies saw an
opportunity to help these villagers take advantage of the rustic beauty of the village, abundant
animal life and existing farms to improve their financial means.

The team began teaching the villagers the basics of the hospitality/tourism industry and how
to adapt their farms to accommodate guests. Next they worked with the Ministry of Tourism
to promote the island as an agrotourism center. Additional marketing included a website and
billboards that helped attract more than 450 tourists to the island within eight months. To help
further generate income, the team helped the farmers build greenhouses from plastic waste and take
advantage of organic fertilizers such as manure and compost. Finally, they provided more than 200
farmers with financial management training.

By applying smart business practices to the operation of their farms, UCOMS SIFE helped the
villagers of Tomefa Island create a viable agrotourism venture in Ghana. In addition, this project has
enabled farmers to better use island resources to promote maximum harvests, which in turn has further
expanded financial opportunities. Thanks to these efforts, local residents now enjoy steady sources
of income and are no longer living in poverty. For the first time many of these farmers are even able
to afford regular health care services at nearby health centers.

To see how other teams in this region are making an impact, visit www.sife.org


THE AMERICAS


REGION OVERVIEW Brazil

Canada
SIFE was originally founded in 1975 in the
Guatemala
United States. Although the U.S. remains the
single largest SIFE operation, the region has since Mexico

grown to six countries. Last year teams in this Puerto Rico
area contributed more than 1,200,000 volunteer
United States
hours to approximately 3,700 community
outreach projects. The Americas will also
play host to the 2012 SIFE World Cup in
Washington, D.C.

BRAZIL (11) BRAZIL (336)

1% 1%
CANADA (61) CANADA (1,800)

9% 7% GUATEMALA (231)
GUATEMALA (8)
MEXICO (746) 1%
1% 3%
MEXICO (30)

4% PUERTO RICO (250)

PUERTO RICO (12) 1%
COLLEGE & 2% PARTICPATING
UNIVERSITY MEMBERS STUDENTS

697 25,371
USA (22,008)

87%
USA (575)

82%

PROJECT IMPACT

28
Residents
Housed

$16,000
Saved Annually
Per Person

15
Shipping
Containers
Salvaged


SHIPPING CONTAINERS HELP HOMELESS
BECOME SELF-RELIANT

Each day walking to and from class the members of the Flagler College SIFE team witnessed
homelessness. They learned that many of these individuals were former inmates who had no
means but to live on the streets after being released from prison with little more than a few dollars
and a change of clothes. Seeing that something had to be done, but wanting to do more than just
give these individuals a one-time handout, the team embarked on a project that would generate paid
transitional work and affordable housing.

They discovered that 800,000 shipping containers entered their city each year and 30 percent were
simply left to rust in salvage yards. Recognizing it would be more cost effective to give these
containers away than to store them, the team went to work to convert 15 of them into a housing
facility. To bring the project full circle, their effort included employing discharged inmates and
creating a vocational training program that would teach plumbing, electrical work, insulation and
construction as these individuals transform the containers into homes. The Containers for a Cause
project quickly became reality and is on its way to providing housing for approximately 28 residents.

In addition, this effort is estimated to save the community an average of $16,282 annually
per person by reducing the use of incarceration facilities, shelters and public health services.
The Containers for a Cause project is transforming waste, as well as giving the homeless gainful and
steady employment, the tools to become self-reliant and a place to live with the support they need.



ASIA-PACIFIC


Australia

China

REGION OVERVIEW India

Japan
SIFE first established operations in Asia in
Korea
2000 and today it is the largest SIFE region
with 11 SIFE country operations. Last year Malaysia
teams in the region contributed more than
New Zealand
2,000,000 volunteer hours to approximately
1,140 community outreach projects. The Philippines

2011 SIFE World Cup, which drew a record- Singapore
breaking 3,000-plus participants, was hosted
Thailand
in Kuala Lumpur, Malaysia.
Vietnam

VIETNAM (24) VIETNAM (854)

5% 5%
AUSTRALIA (663)
AUSTRALIA (28) THAILAND (706)
THAILAND (33)
7% 4% 4%
8% SINGAPORE (633)

SINGAPORE (7)
4%
PHILIPPINES (612)
1% NEW ZEALAND (134) 4%
PHILIPPINES (28)
1%
7%
NEW ZEALAND (3) COLLEGE & MALAYSIA (1,805) PARTICPATING
1% UNIVERSITY MEMBERS 11% STUDENTS
MALAYSIA (33)

8% 421 CHINA (160)
16,633 CHINA (7,710)

KOREA (28)
38% KOREA (1,104) 46%
7% 6%
JAPAN (13) JAPAN (137)

3% 1%
INDIA (64)
INDIA (2,275)
15% 14% SIFE Annual Report: 2011 | 33

PROJECT IMPACT

20,000
Women Targeted

190%
Increase in
Incomes

31%
Increase in Hygiene
Product Usage


PROMOTING BETTER HEALTH AND FINANCIAL
WELL-BEING FOR WOMEN

On the surface, female reproductive health may not seem like a business issue. But upon learning that 70
percent of women in India suffer health problems due to a lack of knowledge and availability of feminine
hygiene products, the SIFE team at Shaheed Sukhdev College of Business Studies felt something had to be
done. The students were motivated to develop a business model that focused on access and affordability
of sanitary products as the primary solution to removing the burdens Indian women face related to this
rarely talked about but basic biologic function.

The team went to area slums where the need was greatest and trained women to sell sanitary
products door-to-door. The business model used for this effort procures the items directly from
the manufacturers to reduce costs and allow the sellers to earn a reasonable profit margin.
To further ensure the women’s success, training camps were held for these entrepreneurs to teach
them financial skills, including book keeping, saving and investing. Lastly, presentations were
conducted to help remove stigmas about menstruation and to foster more product acceptance.
For many women, these sessions were the first fact-based dialogue they had ever had on the subject.

Today Sanitation Solutions is operational in 17 slums across Delhi and has targeted more than
20,000 women. For the female entrepreneurs participating in the selling of the hygiene products,
each has seen their household incomes increase by 190 percent and nearly all of these women
report having their own bank accounts for the first time. Even more important, women’s health is
improving as the use in feminine hygiene products has risen from 27 to 58 percent.



CENTRAL ASIA & THE CAUCASUS


Azerbaijan
REGION OVERVIEW
Kazakhstan

SIFE established its first international operation
Kyrgyztan
in Central Asia in 1995. Today this region
includes operations in four countries and
Tajikistan
continues to play an important role in the
future of the organization. Last year teams
in this area contributed more than 200,000
volunteer hours to nearly 200 community
outreach projects.

TAJIKISTAN (7) TAJIKISTAN (218)

15% 12%
AZERBAIJAN (18) AZERBAIJAN (744)

37% 42%

COLLEGE & PARTICPATING
UNIVERSITY MEMBERS STUDENTS

KYRGYZSTAN (14)
48 KYRGYZSTAN (500)
1,791
29% 28%

KAZAKHSTAN (9) KAZAKHSTAN (329)

19% 18%


PROJECT IMPACT

10
Retirees

$12,000
Income
Generated

100%
Participants Able to
Afford Necessities


NEW HOPE FOR RETIREES TURNED ENTREPRENEURS

In Kazakhstan the average retirement pension is roughly $120 a month, which in most areas
barely meets a conservative monthly cost of living. For many retirees this means going without
basic essentials such as medical treatments, transportation and even food. Just as unfortunate,
The Academy of Banking SIFE team encountered many older adults in this situation who believed
their age, limited resources and health concerns curtailed any opportunities to ever improve their
circumstances. To address these prevailing needs, the team worked to develop a niche business that
capitalized on the special considerations of this older population.

They began by working with 10 retirees in Almaty, one of Kazakhstan’s largest cities, to start an
indoor flower and plant venture. Together they determined the most popular selling flowers and
manufacturing expenses, and identified potential customer bases. This information was coupled
with business training on marketing, controlling costs to increase profitability, product diversity
and personal finance. After successfully learning to grow and arrange the flowers, the retirees
obtained contracts with four flower shops to deliver their plants. Two retirees even went on to open
their own flower shop, which they cleverly named “Granny’s.” These grandmothers have since
grown their business to accommodate orders around their city. They now deliver to 10 schools,
including one kindergarten, five universities and two colleges.

Since project Money Tree began, participating retirees have generated approximately $12,000 in
revenue and are now able to afford every day necessities and more. The positive impact of this
project has prompted the team to implement the project in additional cities throughout Kazakhstan.



EUROPE


REGION OVERVIEW

SIFE first established operations in
Europe in 1996. Today it has grown
to include eight countries. Last year
teams in the region contributed more
than 617,000 hours to 800-plus SIFE
Albania Netherlands Ukraine
projects. In addition to hosting the
most SIFE World Cup competitions,
France Poland United Kingdom
including the inaugural event in
2001, the 2011 SIFE World Cup
Germany Russia
Champion is from Germany.

ALBANIA (9) ALBANIA (401)
4% FRANCE (25) 6%
UNITED KINGDOM (43) 10% FRANCE (541)

18% 9%

UNITED KINGDOM (2,283)
GERMANY (34)
36% GERMANY (816)
14% 13%
UKRAINE (14) COLLEGE & PARTICPATING
6% UNIVERSITY MEMBERS STUDENTS

241 6,319
NETHERLANDS (411)

6%

NETHERLANDS (13)

5%
UKRAINE (197)
POLAND (176)
POLAND (10)
3% 3%
RUSSIA (93) 4%
39% RUSSIA (1,494)

24%

PROJECT IMPACT

4
Mentally Ill
Individuals
Employed

200,000Bottles
Recycled

1,000,000
Liters of
Water Saved


Recycling Capitalizes on Discarded Opportunities

In 2003 the German government introduced a deposit system to foster recycling of plastic bottles.
The process has increased bottle recycling but a staggering $300 million (USD) worth are still
thrown away. That statistic spurred the SIFE team at the University of Regensburg to implement a
project to increase the number of properly recycled bottles while creating jobs for disadvantaged
members of their community.

The team set up special containers to help people on the go have better access to recycling. Then,
mentally ill individuals who struggled with steady job opportunities were employed to empty
the containers and collect the deposits. The entire effort is funded with deposit money and new
containers are obtained by selling CSR advertising space. The Bottles for a Better Life project is not
only improving the environment, it has generated meaningful jobs that help the mentally ill better
integrate into society and have regular incomes.

Since its inception, more than 200,000 bottles have been recycled under the project, which in turn
has saved 50,000 liters of oil and 1,000,000 liters of water. Currently four mentally ill individuals
have sustainable employment and due to its success the project has been franchised to six additional
SIFE teams in Germany with more individuals soon to be employed.



FOCUSING
ON RESULTS
We believe that competition fosters
innovation and encourages a focus on
results. SIFE competitions are challenging,
team-oriented events that create a sense
of accountability and motivation for
teams to continually improve the
quality and impact of their projects.


2011 NATIONAL COMPETITIONS

ROAD TO THE SIFE WORLD CUP Minneapolis, MN
Toronto, Ontario
Canada:
09-11 May

USA:
National Competitions are dramatic, energy-filled events where SIFE teams 10-12 May

showcase the collective impact of their community outreach efforts. Students present their
projects and are evaluated by business leaders serving as judges who rank them on how
successful they were at using business concepts to improve the quality of life and standard
of living for those in need. The winners of these national competitions are then invited
to compete at the prestigious SIFE World Cup. In 2011, more than 33,000 attended these Mexico City, Mexico: 12-13 June
competitions where SIFE students presented a broad range of projects to nearly Isla Verde,
Puerto Rico: 15-17 June
Guatemala City,
4,600 judges. Guatemala: 07-08 July

Sao Paulo, Brazil:
13-14 July


Moscow, Russia: 25-26 May
The Hague,
Netherlands: 27 May Warsaw, Poland: 30 May
London, United Kingdom: 13-14 April
Bonn, Germany: 05-06 May
Kiev, Ukraine:
Paris, France:
10 June
20 May Baku, Azerbaijan:
22-23 May Almaty, Kazakhstan: 05-06 May
Tirana, Albania: Bishkek, Kyrgyzstan: 03-05 June Seoul, Korea:
12 July 07-08 July

Dushanbe, Tajikistan:
Tunis, Tunisia: 17-18 May Tokyo, Japan:
Casablanca, Morocco: 06 June 01-02 July
05-06 June Shangai, China:
20-21 May
Cairo, Egypt:
25 June

Makati City, Philippines:
Mumbai, India: Bangkok, Thailand: 22-23 July
01 July 27-29 July
Dakar, Senegal:
29 June

Lagos, Nigeria: 19-20 July Kuala Lumpur, Malaysia:
Accra, Ghana: 25-26 July
07-08 July
Singapore, Singapore:
18 June
Nairobi, Kenya:
09 July

Harare, Zimbabwe: 01 July

Johannesburg, South Africa: 13-14 July
Ezulwini, Swaziland:
25 June
Sydney, Australia:
13-15 July

Auckland, New Zealand:
16 July

4
Months
38
Competitions
1,100
Competing
4,600 Competition
33,000 Total Worldwide
Teams Judges Attendance

Once a year the best SIFE teams from around
the world meet at the SIFE World Cup.
3-5 October, 2011 | Kuala Lumpur, Malaysia
This highly challenging competition begins with the National Champion teams
from every country. It is eventually narrowed to four teams from which the SIFE World
Cup Champion is named. Beyond the excitement of the competition, the World
Cup event also brings together an international network of student, academic
and business leaders. A variety of special activities, forums, cultural events,
receptions and dinners provide meaningful opportunities for participants to
connect, collaborate and learn from one another. For many teams this is the first time
they have traveled outside of their home country. The networking, enthusiasm and
overall pride in accomplishment make this a one-of-a-kind,
much-anticipated event.


Official Results
WC CHAMPION 2ND PLACE 3RD PLACE 4TH PLACE
Germany: Zimbabwe: Puerto Rico: Guatemala:
University of Chinhoyi University University of University of the Valley
Regensburg of Technology Puerto Rico, Humacao of Guatemala

Competing Teams
Australia: The University of Melbourne India: Shaheed Sukhdev Netherlands: Utrecht University Tajikistan: Institute of Economy and Trade
Azerbaijan: Nakhchivan State University College of Business Studies New Zealand: The University of Waikato of Tajik State University of Commerce
Brazil: University Center of Para (CESUPA) Japan: Waseda University Nigeria: Benue State University Thailand: Chulalongkorn University
Canada: Memorial Univeristy Kazakhstan: University of Philippines: University of Luzon Tunisia: Higher School of Sciences and
of Newfoundland International Business Poland: University of Gdansk Technology of Tunis (ESSTT)
China: Sun Yat-sen University Kenya: Kabarak University Puerto Rico: University of Ukraine: Vinnytsya National
Egypt: Cairo University Korea: Seoul National University Puerto Rico, Humacao Technical University
France: IESEG School of Management, Kyrgyzstan: Institute for Integration of Russia: Tomsk State University United Kingdom: University of Southampton
Lille Catholic University International Educational Programs Senegal: University of Ziguinchor United States: Texas State University,
Germany: University of Regensburg Malaysia: University of Technology, Petronas Singapore: Singapore Polytechnic San Marcos
Ghana: University College of Mexico: University of Guadalajara, CU Valles South Africa: University of KwaZulu-Natal Zimbabwe: Chinhoyi University of Technology
Management Studies, Accra Morocco: Faculty of Law, Economics and Social Swaziland: University of Swaziland, Kwaluseni
Guatemala: University of the Valley of Guatemala Sciences of Settat (FSJESS), Hassan I University


THE SIFE WORLD CUP EXPERIENCE
The 2011 SIFE World Cup, held in Kuala Lumpur, Malaysia, had a record-breaking 3,000 attendees, including the Deputy Prime Minister
of Malaysia, The Honourable Tan Sri Muhyiddin Yassin. It also hosted a panel of distinguished business leaders from around the world
who were there to support SIFE’s mission of creating a better, more sustainable world. Further enhancing the 2011 SIFE World Cup
experience was SIFE World Cup Live!, an interactive platform that combined multiple online sources and social media sites into one
area for live chats, photos, videos and results. More than 21,000 people followed and participated in the SIFE World Cup through this
virtual destination.

nline Particip
00 O ant
700% 3,000
18,0 s

increase in attendance
over the last decade.

Event
21,000
2,000
2,400 Students

3,000
Attendees
Total
Participants 500 Judges/
1,000
Business Guests

100 Faculty &
Administrators
2001 2012

Conventional Vertical Stacked Logo Special Horizontal Logo

SIFE WORLD CUP SPONSORS:

Edcon Logo - New 4/14/08 3:44 PM Page 1
C M Y CM MY CY CMY K

Composite


PARTNERS AND
DONORS
Our corporate and organizational partners
play an essential role in advancing SIFE’s
work to improve lives, strengthen communities
and develop socially responsible business
leaders. These generous supporters
contribute to the overall SIFE worldwide
organization as well as individual SIFE
country operations through partner
memberships, sponsorships, strategic
partnerships, special grants
and in-kind gifts.


$500,000 USD and up

$200,000-$499,999 USD


$100,000-$199,999 USD

Khazanah
Nasional Berhad

TD Bank Spa-Hakuhodo
Financial Group The TDL Group

AVI Limited


$50,000 - $99,999 USd

Absa Foundation
Conventional Vertical Stacked Logo Special Horizontal Logo The Canadian Imperial
Bank of Commerce

The Crown
Property Bureau
Recreate PMS

East Water Resource
Development & First City Fonterra The Forzani
Managemen Public Monumental Bank Australia Group Limited
Company Limited

Ministry of
International Youth & Sport of the
Resources Group (IRG), Republic of Azerbaijan
USAID

Nedbank Royal Initiative Scotiabank
Discovery Institute

Thai Beverage
Public Company
Limited

$25,000 - $49,999 USd

Americana
AkzoNobel Group
S A L E S & M A R K E T I N G

Beijing Hualian BP Europe SE ®

Commercial Dayang
International Trands
Bank
3/8" Minimum Size

Durban
Business
DEAN BLUE DEAN GREEN DEAN LIGHT GREEN
PMS 287C PMS 3298C PMS 369C

Dean Master Signature - Horizontal

Enhancement Ecobank
Initiative


Evonik First
Industries ExxonMobil Hydrocarbon GDF Suez
Nigeria

Heineken

Millennium
Challenge
Account

Ministry of
Youth & Sports Mobinil OCP Group
of Morocco

Orascom Orascom
Construction Telecom Qantas Ranstad
Industries

RWEnPower Sasol Limited

The Stock
Exchange of
Thailand

Wilkinson Woolworths


$5,000 - $24,999 USD

Abbott ECRG Oriental Group US Embassy/Morocco
Able Sales Fondation & Institut CDG Oriental Weavers Van Gansewinkel Groep
ABN AMRO Fondation VINCI Autoroutes Ormit Viadeo
AGBank Franz Haniel & Cie Permodalan Nasional Berhad Waitrose
Ahold Freight Handlers Perrigo Company Winkelman en van Hessen
Alakor Corporation Freudenberg Philip Morris Singapore Private Limited WNS Global Services
Alliander Friends of the Industry Porsche Xinfei
Álvaro Minondo Fundación Juan Bautista Gutiérrez PostNL Ziggo
American Express Fundación Pantaleón Productora Centroamericana de Alimentos, S.A. Zimnat Life Assurance
AngloGold Ashanti Gauteng Enterprise Propeller R. R. Donnelley & Sons Company
Arla Foods Greencore Radio Express FM
ASDA Holsum Reject Shop/The
Ashland Hotel Cadenza Hikarigaoka Rent-A-Center
Asian Arc Mining Resources, Inc. Hoteles Princess de Guatemala, S.A. Rich Graviss Products Pvt. Ltd.
Atlantic Canada Opportunities Agency/The Institute of Economics and Trade of TSUC Rockwell
Attijari Bank Inter Region Economic Network, Kenya Royal Bank of Scotland
Australian AID International Paper Sagittarius Mines, Inc.
Australian Industry Group International Produce Schiphol Group
Azimbaev, Umraliev & Associates IPMC Senegalese Ministry of Higher Education
Bacardi Jones Lange LaSalle SharePeople
Ball Packaging Europe Joseph Enterprises SK Happiness Foundation
BASF Juhayna Small Business Laboratory
Bernard Hodes Group KankenTechno Softline Limited
Best Buy Co., Inc. Kao SONATEL Foundation
Billetts KAS Standard Bank
BorgWarner Kellogg’s India Standard Life
British Embassy Korea Economy Education Association SUEZ ENVIRONNEMENT
Bunge Korn/Ferry Suiza Dairy
Burger King Kyrgyz-Russian Slavic University SUN InBev
Canadian Youth Business Foundation La Marocaine Vie SwaziBank
Capgemini Mahidol University Swaziland Electricity Company
Centrica Makro (Metro) Swaziland Water Services Corporation
Cerebra Mann and Associates Syngenta East Africa
Chow Tai Fook Metro AG Talanx
City Lodge Group Limited/The MicroKing TCL
Compass Group Mindfield RPO Group Inc. Telekom
Corporate Express Mol Bulak Finance TELUS Canada
Cosumar Molinos de Puerto Rico Tenaga Nasional Berhad
Coty MRL Gold Philippines, Inc. Tengelmann
Dalkia Polska MTN Tetrad Investment Bank
DDB Latina Puerto Rico MTS Trelleborg
Destimoney Securities Pvt. Ltd. National Bookstore Inc. Tunisiana
Dow Corning Nederlandse Spoorwegen (Dutch Railways) Union Bank
East Penn NuSkin UNITE Group
eBay Foundation OneSteel University of International Business
Ebbinge Orange Ink University of Swaziland


TRADE ASSOCIATION & MEDIA PARTNERS

INDIVIDUAL DONORS

$100,000 and up Mike Merriman Jerry & Glenna Brown Jamie MacKay
The Walton Family Foundation, Inc. Tom & Mary Lynn Moser Ken Colby Jim Mahaffy
The Shewmaker Family Sharon Orlopp Joe Crafton Bernard J. Milano
The John Dobson Foundation Mark Timbie Doug Degn Chris Mills
Bob & Mindy Rich Melisa & JF Denis Thomas O. & Mary A. Minner
$2,500 - $4,999 Tanya Domier Bruce A. & Carol E. Nasby
$10,000 - $99,999 Bill Buckner Art & Sherri Drogue Alberto Navarro
Guillaume Bastiaens Guy Bury Mike Duke Chris Neugent
Dave & Mary Bernauer Joe & Beverly Hardin Tony Dunning Rob Paterson
Gene Bicknell Jeff & Marissa Hollander Chuck Fehlig Donna & Don Patterson
Judith L. Borck Page Lee Hufty Bell Ben J. Fischer Vijay & Jill Shankar
Doug & Leigh Conant Dick Hynes Ted & Sandi Fox Luis Silva
Ian Craig Peter & Meg Mason Amy Harder Mark Singleton & Cheri
Jules & Gwen Knapp Chris Moses David Henderson Greg & Amy Smith
Doug & Shelley McMillon Keith & Regina Province Rob Henderson Robert Swellie
Alvaro Minondo Muzaffar Rahmatulloev Bill Hickey Yvonne Thevenot
Margaret & Daniel Ranzman Foundation Alvin & Elizabeth Rohrs Joe Hoff Tim & Yvonne Toll
Don & Jo Ann Soderquist Jack Sinclair The John Family Brian & Martha Townson
Christopher J. Williams Stiles-Nicholson Foundation Olimi Karimzod Nic & Melissa Vit
Mr. Stanislav Karpovich Rex Warr
$5,000 - $9,999 $1,000 - $2,499 Mukaddas Kodirova Zev Weiss
Skip & Linda Aldridge Ian Aitken Dr. Rick Kyle Mark Wels
Lex Baugh Nicole Almond Ellen Langas Jacqueline & Mark Witte
Joel Conner David Blumenthal Nathan Laurie Zohra Zori
Jack Kahl Dean Blumenthal Joey Leviste
Shaun Kelly Jerad Boyd Troy Link


BLANK PAGE


Financial Results At-A-Glance

SIFE Worldwide
Revenue: $13,854,129 USD 7.4%
increase from previous year

Change in
Net Assets: $1,323,366 USD

EXPENSES
FUNDRAISING

11%
Program Services - 84%

Fundraising - 11%

Management & General - 5%

MANAGEMENT
& GENERAL

5%
PROGRAM SERVICES

84%
2010-2011Annual Report: 2011 | 61
SIFE SIFE Annual Report

SIFE Consolidated Statements of

FINANCIAL POSITION
August 31, 2011 and 2010

Assets 2011 2010
Cash and equivalents $1,279,135 $1,274,805
Accrued interest and other receivables $10,564 $22,475
Prepaid supplies $35,471 $21,535
Prepaid expenses $380,527 $210,846
Investments $2,620,187 $2,261,797
Contributions receivable, net of allowance
2011 - $10,000 and 2010 - $15,000 $2,150,409 $3,020,945
Property and equipment, net $7,645,910 $7,713,759
Other $64,318 $56,902
Total assets $14,186,521 $14,583,064

Liabilities & Net Assets 2011 2010

Accounts payable $347,314 $278,022
Accrued expenses $259,370 $244,776
Accrued incentive salaries $203,301 $234,467
Long-term debt $756,953 $2,529,582
Total liabilities $1,566,938 $3,286,847

Net Assets 2011 2010
Unrestricted $7,063,163 $5,257,547
Temporarily restricted $3,935,217 $4,417,467
Permanently restricted $1,621,203 $1,621,203
Total net assets $12,619,583 $11,296,217
Total liabilities and net assets $14,186,521 14,583,064


ACTIVITIES
August 31, 2011

Revenues, Gains and Other Support 2011
Unrestricted Temporarily Permanently Total
Restricted Restricted

Contributions $3,744,666 $8,798,046 - $12,542,712
Grants - $18,329 - $18,329
In-kind contributions $978,804 - - $978,804
Investment return $31,180 $259,152 - $290,332
Other $23,952 - - $23,952
Net assets released from restrictions $9,533,567 ($9,533,567) - -
Total revenue, gains and other support $14,312,169 ($458,040) - $13,854,129

Expenses and Losses 2011

Program services $10,528,787 - - $10,528,787
Management and general $595,953 - - $595,953
Fundraising $1,381,813 - - $1,381,813
Provision for uncollectible contributions - $24,210 - $24,210
Total expenses and losses $12,506,553 $24,210 - $12,530,763

Change in Net Assets 2011

Change in Net Assets $1,805,616 ($482,250) - $1,323,366
Transfer from Change in Control of - - - -
SIFE China and SIFE Mexico
Net Assets, Beginning of Year $5,257,547 $4,417,467 $1,621,203 $11,296,217
Net Assets, End of Year $7,063,163 $3,935,217 $1,621,203 $12,619,583


ACTIVITIES
August 31, 2010

Revenues, Gains and Other Support 2010

Contributions $4,631,932 $6.958,968 - $11,590,900
Grants - $179,360 - $179,360
In-kind contributions $1,026,142 - - $1,026,142
Investment return $4,399 $80,954 - $85,353
Other $18,662 - - $18,662
Net assets released from restrictions $8,386,822 ($8,386,822) - -
Total revenue, gains and other support $14,067,957 ($1,167,540) - $12,900,417

Expenses and Losses 2010

Program services $10,857,744 - - $10,857,744
Management and general $626,793 - - $626,793
Fundraising $1,209,356 - - $1,209,356
Provision for uncollectible contributions - $20,000 - $20,000
Total expenses and losses $12,693,893 $20,000 - $12,713,893

Change in Net Assets 2010

Change in Net Assets $1,374,064 ($1,187,540) - $186,524
Transfer from Change in Control of $32,056 - - $32,056
SIFE China and SIFE Mexico
Net Assets, Beginning of Year $3,851,427 $5,605,007 $1,621,203 $11,077,637
Net Assets, End of Year $5,257,547 $4,417,467 $1,621,203 $11,296,217


NET ASSETS
Permanently Restricted

$1,621,203

Temporarily Restricted

$3,935,217
2011 Unrestricted

$7,063,163

Unrestricted




$1,621,203


$4,417,467
2010 Unrestricted

$5,257,547


COLLEGE &
UNIVERSITY MEMBERS
SIFE establishes programs on campuses
around the world to mobilize students to
develop community outreach projects to
improve the quality of life and standard of
living for those in need. For the 2010-2011
program year, SIFE grew to more than
1,600 active university teams.


SIFE Worldwide - Annual Report

SIFE Worldwide - Annual Report

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