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PSI Wins Fast Company Social Capitalist Award WASHINGTON, DC, November 16, 2006 — PSI has been selected as a winner in the 4th Annual Fast Company/Monitor Group Social Capitalist Awards. Fast Company, a magazine that highlights best practices in the changing business world, and Monitor Group, a global consulting firm, selected PSI from 133 competitors as one of 43 organizations to be honored with the award. The program honors non-profits, or “social entrepreneurs,” who combine creativity and ingenuity with business solutions to address social ills, ranging from poor healthcare in developing nations to unequal education access, homelessness, unemployment and substance abuse in the United States. "Our Social Capitalist Awards winners have forged partnerships that blur commerce and charity, challenging our assumptions about making a profit and making a difference," said Mark Vamos, editor of Fast Company. Their alliances help big business bring conscience to commerce, changing old-style capitalism as we know it." PSI, a winner in the Health Care category, and other winners are featured in Fast Company’s Dec./Jan. 2007 cover story, on newsstands Nov. 21, 2006 – Jan. 16, 2007. PSI's Acting President Peter Clancy and Executive Vice President Will Warshauer will represent PSI when the 2007 Social Capitalist Awards are presented at a ceremony in New York City on Jan. 9, 2007. Organizations are nominated, reviewed and selected for the award by
an independent board of experts in philanthropy, academia, and social
entrepreneurship.
Nominees were evaluated based on an application that included two years
of operating and financial data, a statement of mission and objectives,
and answers to a survey to assess strategy and activities.
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