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An interview with Bill and Jane Walsh
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• Bill Walsh's Worldwide Conference 2005 Address >

 Video  6 minutes running time
 3 formats available : Flash, Windows Media Player and QuickTime

 • Bill Walsh interview > (Windows Media : 1.2MB - low quality)
 • Bill Walsh interview > (QuickTime 7 : 21MB - high quality)

 • Bill Walsh interview > (3.8MB : Flash)

A Personal Perspective on Philanthropy - Bill was interviewed by San Francisco Regional Director, Marjorie Muldowney. Their discussion revolved around Bill's thoughts on the importance of leadership and the future of philanthropy in Ireland.

This piece was produced in conjunction with the Philanthropy Conference in Dublin.
Bill's reflections on the subject were thoughtful and engaging as he described the ways he has chosen to "give back" and become more involved with The American Ireland Fund over the years.

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Bill Walsh is a National Board Member and Member of the Executive Committee
The American Ireland Fund

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 Bill Walsh

Bill Walsh is at home this morning. Another afternoon finds him at Ameriscape Inc., a major tree and shrub nursery outside of Portland, Oregon.

As a general partner of Sequoia Associates, a private investment firm based in California, Walsh pays many visits to Sequoia portfolio companies in the United States and Canada, to advise the management team on business dilemmas and decisions. He currently chairs or sits on the board of ten companies.

In the history of The American Ireland Fund there have been few more remarkable Board Directors than Bill Walsh, who has set a standard for philanthropic generosity that few can match. Added to a stellar business career he truly is an inspiration and great fun to be around.

Bill has been a partner in the venture capital firm of Sequoia Associates in Menlo Park since 1988. Since its inception in 1982, the firm has invested hundreds of millions of dollars to acquire and restore financial health to over 20 ailing enterprises. Before joining Sequoia, Bill was President & CEO of Arcata Corporation and before that was a consultant with McKinsey and Company.

Bill began his career in the field of law enforcement. As Assistant US Attorney of the Southern district of New York from 1955 to ’58, Walsh ran narcotics investigations in the garment industry and on the waterfront, eventually winning the indictment of crime boss Vito Genovese. As Counsel to the New York State Commission of Investigation he targeted illegal gambling as a revenue source for organized crime, ultimately writing a book on the subject. Then his career turned from government lawyering to business.

Bill is currently co-chair of the Dean’s Academy Board of Harvard Law School, a member of the Board of Trustees of Fordham University and Chairman of the Board of the Neurosurgical Research Institute and on the Board of Overseers of the Hoover Institution. The Hoover Institution on

War, Revolution and Peace at Stanford University is a world-renowned library and archive, and a unique center of scholarship committed to generating ideas that define a free society. He has been a National Board Director of The American Ireland Fund since 1997 after being awarded the Distinguished Leadership Award. As a Board Director of The AIF and member of the Development Committee chaired by Kip Condron, he is always available with advice, encouragement and ideas or tips from the other non-profits he is so active with. His curiosity and excitement is infectious and allied to his sharp wit and humor, make him stimulating and challenging company.

A resident of Atherton, California, Bill earned a Bachelors degree from Fordham University and a Juris Doctor degree in 1955 from Harvard Law School. He is married to Jane and has 6 children. Bill credits his personal and professional success to his Jesuit education with its emphasis on ethics.
As ambassador to Bolivia for the Knights of Malta, he learned of a priest who needed help for the street-children there. Bill responded by funding the Street Children’s Hospital of La Paz.

In 1997 he contributed $10.5 million to Fordham University to establish the Walsh Family Library and an athletic center. In everything he does, Bill loves a challenge. Whether it is indicting an organized crime boss, rescuing companies from the brink of disaster, helping equip a hospital for Bolivian street children or visiting inner city youth centers in Dublin and Belfast, Bill tackles tough situations with amazing gusto. He shares that same passion for his family and enjoys spending his free time collecting Etruscan antiquities. Bill Walsh is truly an inspiration.

The American Ireland Fund caught up with Bill Walsh and his wife Jane in their beautiful home in Atherton. In the shade of the giant redwoods we had an opportunity to put some questions to him.

AIF: What is the Walsh connection to Ireland?

Bill Walsh: My father was born in County Mayo and my mother is third or fourth generation American of Irish descent. Her family name was Desmond.

AIF: Why is philanthropy so important to you, Jane and your family?

Bill Walsh: Since we possess a surplus of this world’s goods, philanthropy provides the opportunity to become engaged in those causes that we, our children, our grandchildren and our company’s executives want to invest time and thought in.

AIF: How did you get involved with The American Ireland Fund and why do you continue to support it?

Bill Walsh: Some years ago I was asked to accept the Distinguished Leadership Award at The American Ireland Fund annual dinner in San Francisco. In the process of making a decision about the award I came to know and appreciate what the Fund was attempting to accomplish through its support of worthy projects throughout the whole of Ireland.

AIF: Ireland up until recently had been doing quite well – why should we still give to the country?

Bill Walsh: In one significant respect Ireland continues to need help in resolving the centuries’ old conflict in Northern Ireland. I am therefore very much committed to supporting integrated education and other projects that go to help towards a lasting peace between the communities. There is a major job of reconciliation and reconstruction yet to be done there.

AIF: The Hope & History Campaign to raise $100 million in five years is nearing a successful conclusion…

Bill Walsh: Yes, the key to the success of that campaign was the quality of the voluntary leadership in the United States, and the identification, management and follow-through of worthwhile projects throughout Ireland. Central to this was the role of Senator Maurice Hayes and the advisory committee in Dublin. They do such a spectacular job of vetting and monitoring all the groups supported.

AIF: Looking back over a lifetime of involvement with non-profits, what do you think distinguishes one organization from another?

Bill Walsh: I think there are five factors:

  1. An understandable and worthy cause
  2. Strong and committed leadership, particularly at the Trustee level, demonstrating by word and deed their support with time, talent and treasure
  3. A dedicated CEO who is not afraid to ask for funds
  4. A good and steady communication program that constantly reports back on the difference the funds are making
  5. And a small group of major contributors who taken together, provide at least fifty percent of the campaign goal.

Bill Walsh's Worldwide Conference 2005 Address

Download the Address > (.pdf 180k)

Bill Walsh is Chairman of Sequoia Associates LLC and has been a National Board Director of The American Ireland Fund since 1997. At the 2005 Ireland Funds Conference in Cork, he shared his thoughts on why The Ireland Fund’s work will continue to impact both the donors engaged in the mission and those in Ireland whose lives are directly affected by their generosity.

The Worldwide Ireland Funds have raised over $300 million for over 1,000 worthy projects throughout the island of Ireland, North and South.

“Whether The American Ireland Fund will continue to attract American donors is a subject worthy of consideration.

Let me first state the problem.

On the one hand it is abundantly clear that the colorfully named Celtic Tiger is doing very well and Ireland is indeed a country on the move up, with a healthy and growing mass of wealthy individuals and enterprises. Indeed it seem to me that every successful firm in Silicon Valley has a plant or other facility in Ireland capitalizing on the English speaking, well educated and upwardly mobile youth of this country.

On the other hand it is equally clear that large segments of the population are not participating in this improvement. In short there are numerous unfulfilled needs as evidenced by the many grant requests received from Irish not-for-profit organizations. Moreover, we are still faced with the absence of true peace in Northern Ireland, even seven years after signing the Good Friday Agreement. As a natural corollary of that fact, there is little integrated education in the North with over 90 percent of the students still attending segregated schools - not exactly the formula for a lasting peace. So even if every wealthy Irish person were to devote fulltime to addressing these problems there would be much still undone, as there is in the United States.

Why then should Americans continue to contribute monies to Irish causes? Will Irish supporters suffer from the “fatigue factor,” to use a phrase of Ambassador Fahey’s? I would argue that there are four compelling reasons why the AIF will continue to survive as a fund for Irish charities.

These four reasons rest:

  • upon the nature of the giver
  • upon the quality of the asking organization, The American Ireland Fund
  • upon the intrinsic merits of the charitable causes
  • upon the satisfaction experienced by the givers

The Nature of the Giver

As I think of the typical American who is involved with The Ireland Funds, I envision a person with a generous and open spirit, unlikely to reduce or cut giving off because the country’s overall economic environment is brighter. I see someone who:

Genuinely enjoys giving with others to promote funds needed by worthy charities. Usually he or she will be involved with multiple nonprofit activities over time and will have a strong giving history at home - to school, to hospitals, to the church, to the poor, etc.

I see an individual who was probably introduced to the AIF at a dinner honouring some local dignitary, liked the people he or she met there, and wanted to become one with a group of highly motivated, collegial people, linked with an international network, dedicated to helping the less fortunate while having a good time in the process.

I see this giver with an impressive history of contributions to meritorious causes - not simply by check writing but by giving freely of their time and talent.

I see a person who has a proven capacity to give. Few people give from other than surplus, no one wears sackcloth and ashes after making a major gift. Hence they tend to give annually with the size of the gift often growing significantly as the years pass.

I see a man or woman who has a strong sense of responsibility for sharing their good fortune with others, imbued with a “giving back to society” philosophy.

I see a person who often provides for charitable gifts in wills and trusts.

I see a person who develops a passionate interest in the causes he or she supports.

The Quality of The Ireland Funds

The reason why I remained convinced there will be a continuation of generous giving by Americans is the nature of the organization and staffing of The Ireland Funds. Particularly I am impressed with these characteristics:

  • It is staffed by a talented, highly motivated and strongly committed staff that does complete homework on the worth of each charity, seeking out people with Senator Maurice Hayes and his fifty plus volunteer army of evaluators in Ireland. Excellence at the staff level is key and the organization benefits from the outstanding leadership, expertise and guidance of people such as Kingsley Aikins, Caitriona Fottrell, Kieran McLoughlin, Rachel Kelso, Marjorie Muldowney, Jim O’Connor, Bridget Hester, Netta Blanchard, Elisabet Bordt and a first rate support staff both in Boston and New York offices.
  • It is given an annual budget that ensures it has sufficient resources to accomplish its mission.
  • It compiles a record of constantly achieving increasingly challenging goals – such as our recent successful $100 million Campaign.
  • It identifies, reports and retains positive direction which sets the example for giving and involvement.

The Worthwhile Nature of the Projects

The number one proof lies in the annual Grant Book which details a tremendous range of deserving projects which, in turn, represent only a small percentage of what can be funded.

Additional evidence can be found in the gifts directed by those donors who have established their own named funds, allowing he or she to make sizeable gifts to projects reviewed and recommended by the Advisory Committee.

The more people get to know about a project, the more they are likely to make new and/or repeat gifts.

The Satisfaction and Benefits Expressed by Those Who Give

These include:

  1. A sense of personal and mission fulfilment;
  2. The satisfaction that one derives from learning about, and participating in, the doing and the accomplishment of worthy objectives, for example the recent funding of the Special Olympics in Ireland;
  3. The opportunity to make a positive difference in the lives of others;
  4. The joy of associating with other, active, informed fellow believers.

For these four reasons, I remain confident in the long term viability of the AIF. It has the right causes, givers, organization, staffing and rewards. As a result I predict it will continue to grow in accomplishments and in its impact on the quality of life in Ireland.

In summary, The Ireland Funds are for those who wish to have fun and, in association with other good folks, at the same time accomplish something good for the people in this common ancestral homeland.

I suppose that most Americans are like Ben Franklin, who once wrote a letter to his mother on the subject of charity, and I quote, ‘I’d rather have it said of me that he lived usefully than he died rich.’ It is a reminder that we all leave the world as we entered it, with nothing. There are after all, no luggage racks on hearses.”



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Remembrance
The Ireland Funds are saddened at the loss of Jane Walsh who passed away in January, 2007. Wife of National Board Director, Bill Walsh and loyal supporter of The American Ireland Fund, Jane attended the first Women of the AIF Luncheon in San Francisco and the annual Conference in Ireland in 2007. She was a member of The Ireland Funds' WineGeese Society, a generous and thoughtful philanthropist, wonderful hostess and mother of six.