Questions about internships

[Community Development Banking List]

Original message from: manager@cuplus.org

Re: Move Your Money: Community Development Banking InstiWe are a small ($13 million) community credit union with a low income designation. We have identified several projects primarily related to social media marketing that we would like to undertake. The problem is that we have neither the time to do it ourselves nor the budget to hire someone. I am considering approaching a local university about recruiting an intern, and have some questions this group might be able to help me with.

First of all, as I said we have no money in the budget to pay for this. Are interns willing to volunteer their time to help non-for-profit organizations? I don't want to exploit anyone, but in exchange for their labor they are receiving work experience. Having graduated from college during the early 1980s recession I can appreciate how difficult it must be to find work as an entry level person in this economic environment. In hindsight I wish I had done some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant university (University of Illinois) and a good community college. I have contacts in the law department but that is about it. Should I contact the department head in Marketing?

I understand the need to have the projects carefully defined with the objectives and desired results spelled out. Any other advice would be appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org

[Community Development Banking List]

Original message from: elizabeth.list@gmail.com

Try listing it on volunteermatch.org. Also, your local United Way may have
a database as well.

Liz

On Sat, Jan 2, 2010 at 11:49 AM, Michael Daugherty <manager@cuplus.org>wrote:

We are a small ($13 million) community credit union with a low income
designation. We have identified several projects primarily related to social
media marketing that we would like to undertake. The problem is that we have
neither the time to do it ourselves nor the budget to hire someone. I am
considering approaching a local university about recruiting an intern, and
have some questions this group might be able to help me with.

First of all, as I said we have no money in the budget to pay for this. Are
interns willing to volunteer their time to help non-for-profit
organizations? I don't want to exploit anyone, but in exchange for their
labor they are receiving work experience. Having graduated from college
during the early 1980s recession I can appreciate how difficult it must be
to find work as an entry level person in this economic environment. In
hindsight I wish I had done some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant
university (University of Illinois) and a good community college. I have
contacts in the law department but that is about it. Should I contact the
department head in Marketing?

I understand the need to have the projects carefully defined with the
objectives and desired results spelled out. Any other advice would be
appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org

CDB list instructions http://www.runonthebank.net/cdblist.htm

[Community Development Banking List]

Original message from: ljw37@cornell.edu

Michael,

Please forward the details and I will post the opportunity for Cornell's first year MBA class at The Johnson School.
Kind regards,

Larry

____________________________________________
Lawrence J. Wasser
Associate Director, MBA Career Management Center
Cornell University | The Johnson School<http://www.johnson.cornell.edu/>

* +1 607 254-4623
* ljw37@cornell.edu<mailto:ljw37@cornell.edu>
[cid:image001.jpg@01CA8BB7.0D7751C0]
____________________________________________

From: bounce-4920716-4991694@list.cornell.edu [mailto:bounce-4920716-4991694@list.cornell.edu] On Behalf Of Michael Daugherty
Sent: Saturday, January 02, 2010 12:49 PM
To: CDB Listserve
Subject: Questions about internships

We are a small ($13 million) community credit union with a low income designation. We have identified several projects primarily related to social media marketing that we would like to undertake. The problem is that we have neither the time to do it ourselves nor the budget to hire someone. I am considering approaching a local university about recruiting an intern, and have some questions this group might be able to help me with.

First of all, as I said we have no money in the budget to pay for this. Are interns willing to volunteer their time to help non-for-profit organizations? I don't want to exploit anyone, but in exchange for their labor they are receiving work experience. Having graduated from college during the early 1980s recession I can appreciate how difficult it must be to find work as an entry level person in this economic environment. In hindsight I wish I had done some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant university (University of Illinois) and a good community college. I have contacts in the law department but that is about it. Should I contact the department head in Marketing?

I understand the need to have the projects carefully defined with the objectives and desired results spelled out. Any other advice would be appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org<mailto:manager@cuplus.org>


CDB list instructions http://www.runonthebank.net/cdblist.htm

[Community Development Banking List]

Original message from: Lisa.Montoya@utsa.edu

Michael, contact the career services office at your local universities
and the career placement folks at the business school in your
university. Many Business schools have Assigned personnel to place
students in internships. Make sure the students are getting college
credit for the experience if you are not able to offer remuneration.

Regards,
Lisa Montoya, PhD
Associate Dean, College of Business
University of Texas San Antonio

Sent from my iPhone

On Jan 2, 2010, at 12:12 PM, "Michael Daugherty" <manager@cuplus.org>
wrote:

We are a small ($13 million) community credit union with a low
income designation. We have identified several projects primarily
related to social media marketing that we would like to undertake.
The problem is that we have neither the time to do it ourselves nor
the budget to hire someone. I am considering approaching a local
university about recruiting an intern, and have some questions this
group might be able to help me with.

First of all, as I said we have no money in the budget to pay for
this. Are interns willing to volunteer their time to help non-for-
profit organizations? I don't want to exploit anyone, but in
exchange for their labor they are receiving work experience. Having
graduated from college during the early 1980s recession I can
appreciate how difficult it must be to find work as an entry level
person in this economic environment. In hindsight I wish I had done
some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant
university (University of Illinois) and a good community college. I
have contacts in the law department but that is about it. Should I
contact the department head in Marketing?

I understand the need to have the projects carefully defined with
the objectives and desired results spelled out. Any other advice
would be appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org

CDB list instructions http://www.runonthebank.net/cdblist.htm

[Community Development Banking List]

Original message from: penney@aceloans.org

At Appalachian Community Enterprises we have gotten free interns from the
University of Georgia who need to fulfill an internship requirement. One
of them helped with social media and videos. Now he is a part-time
employee.
LIz Penney
www.aceloans.org
www.georgiagreenloans.org

Re: Move Your Money: Community Development Banking InstiWe are a small
($13 million) community credit union with a low income designation. We
have identified several projects primarily related to social media
marketing that we would like to undertake. The problem is that we have
neither the time to do it ourselves nor the budget to hire someone. I am
considering approaching a local university about recruiting an intern, and
have some questions this group might be able to help me with.

First of all, as I said we have no money in the budget to pay for this.
Are interns willing to volunteer their time to help non-for-profit
organizations? I don't want to exploit anyone, but in exchange for their
labor they are receiving work experience. Having graduated from college
during the early 1980s recession I can appreciate how difficult it must be
to find work as an entry level person in this economic environment. In
hindsight I wish I had done some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant
university (University of Illinois) and a good community college. I have
contacts in the law department but that is about it. Should I contact the
department head in Marketing?

I understand the need to have the projects carefully defined with the
objectives and desired results spelled out. Any other advice would be
appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org


Elizabeth Penney
Director of Community Outreach
Appalachian Community Enterprises
770-718-8992 (cell)
www.aceloans.org
www.georgiagreenloans.org

[Community Development Banking List]

Original message from: bhouck@email.unc.edu

I am a graduate student at UNC Chapel Hill. One idea is to find a professor
with a background in banking, marketing, and/or finance and ask about a
semester project. This fall I took a class in Regional Economic Planning and
my class of 15 was given a choice of 2 projects: a small area plan with a
nearby town as client and the town Planning Manager as the point of contact,
and research for the County Economic Development Advisory Board. Applied
projects really help to ground a course, especially with professors that
have for too long been stuck in academia. Your project, or at least one of
your projects, could be a great idea for a class project that the professor
can fold into their final grades, also.



I know the business school here has programs that do this also. Any
land-grant university with a mission to help the state should have an
interest and possibly a dedicated department. Good luck.



Ben

[Community Development Banking List]

Original message from: rbrooks@dcs.wisc.edu

As a university outreach program manager, nonprofit board chair and microfinance cooperative board member I have supervised loads of interns. Some lessons from experience:

Where to find them--University departments of consumer sciences, personal finance, community development; schools of business, journalism, communications, design, computer science, economics, sociology, or no particular department. It depends on the skills and attributes you are looking for.

How to "pay" them--Depends on their motivation and your resources. They can earn academic credit for field placement or independent study, or even for part of a service-learning course...as a group or as an individual. Many majors require field placements or internships of some sort for graduation. Most universities and colleges have public service, field placement or community partnership offices that help coordinate volunteer opportunities. Many students on financial aid have "work-study" funds allotted. The employer pays half and the school pays half.

So, in addition to money, you can offer credit, quality supervision, contacts, skill building, a pathway to further employment, etc. Three of my recent interns have found paying jobs with the organizations they interned for. They learned the ropes and worked side by side with their future colleagues. They get great references and often generate pieces for their portfolios and resumes.

How to make the most of the opportunity--for you and your organization as well as the student. Thoroughly interview potential interns. Make sure the intern you accept has the skills you need--especially communication skills. Do not assume they can write well or communicate professionally. Write an MOU with clear expectations. Establish a regular schedule with frequent supervision and feedback. Offer meaningful work; not just the things you don't want to do. And remember that the internship "job" will often be a lower priority than the student's classes, exams, papers and (sorry to say this) social life.

A final note: interns can be absolutely wonderful...or not. Research shows that there is often an imbalance between the amount of time required to find, orient, supervise, mentor...and the actual work that gets done. We had a study here that showed that for every four hours an intern put in it took 16 hours of time for the receiving organization. On the other hand, a good internship can change the student's life in major ways. And if you select a fairly mature, receptive student who is eager to learn, you'll have a great colleague.

Good luck.

Rick Brooks
Professional Development and Applied Studies
UW-Madison 608-265-4077

www.envestmicrofinance.org
www.danecountytimebank.org
www.wiscpsa.org Wisconsin Partners for SustainAbility
www.danebuylocal.com
www.sarvodayausa.org




From: bounce-4920716-9339030@list.cornell.edu [bounce-4920716-9339030@list.cornell.edu] On Behalf Of Michael Daugherty [manager@cuplus.org]
Sent: Saturday, January 02, 2010 11:49 AM
To: CDB Listserve
Subject: Questions about internships


We are a small ($13 million) community credit union with a low income designation. We have identified several projects primarily related to social media marketing that we would like to undertake. The problem is that we have neither the time to do it ourselves nor the budget to hire someone. I am considering approaching a local university about recruiting an intern, and have some questions this group might be able to help me with.

First of all, as I said we have no money in the budget to pay for this. Are interns willing to volunteer their time to help non-for-profit organizations? I don't want to exploit anyone, but in exchange for their labor they are receiving work experience. Having graduated from college during the early 1980s recession I can appreciate how difficult it must be to find work as an entry level person in this economic environment. In hindsight I wish I had done some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant university (University of Illinois) and a good community college. I have contacts in the law department but that is about it. Should I contact the department head in Marketing?

I understand the need to have the projects carefully defined with the objectives and desired results spelled out. Any other advice would be appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org


CDB list instructions http://www.runonthebank.net/cdblist.htm

[Community Development Banking List]

Original message from: shonbornm@nassaued.org

The Yale School of Management has a unique internship program whereby
students who get paying internships pledge part of their summer earnings
to provide stipends for those who accept low or non-paying internships
with non-profit or governmental entities. I suggest you contact the
Career Development Office at Yale SOM to have your opportunity listed
and see if it might qualify for Internship Fund support. Of course,
your project should be meaty (project design and management and learning
opportunity) and involve much more than grunt work to attract an SOM
student. If your project is more mundane, I would suggest undergraduate
interns from a local school.



Mike Shonborn, CFO

Nassau Educators Federal Credit Union



________________________________

From: bounce-4920716-8116691@list.cornell.edu
[mailto:bounce-4920716-8116691@list.cornell.edu] On Behalf Of Michael
Daugherty
Sent: Saturday, January 02, 2010 12:49 PM
To: CDB Listserve
Subject: Questions about internships



We are a small ($13 million) community credit union with a low income
designation. We have identified several projects primarily related to
social media marketing that we would like to undertake. The problem is
that we have neither the time to do it ourselves nor the budget to hire
someone. I am considering approaching a local university about
recruiting an intern, and have some questions this group might be able
to help me with.



First of all, as I said we have no money in the budget to pay for this.
Are interns willing to volunteer their time to help non-for-profit
organizations? I don't want to exploit anyone, but in exchange for their
labor they are receiving work experience. Having graduated from college
during the early 1980s recession I can appreciate how difficult it must
be to find work as an entry level person in this economic environment.
In hindsight I wish I had done some sort of internship in college.



Second, who do I approach? We are blessed with a large land-grant
university (University of Illinois) and a good community college. I have
contacts in the law department but that is about it. Should I contact
the department head in Marketing?



I understand the need to have the projects carefully defined with the
objectives and desired results spelled out. Any other advice would be
appreciated.



Michael Daugherty
President/Manager
Community Plus Federal Credit Union

Rantoul, IL

manager@cuplus.org



CDB list instructions http://www.runonthebank.net/cdblist.htm

[Community Development Banking List]

Original message from: MZajac@njeda.com

I actually have another resource idea. Contact your state/local labor department (those who manage unemployment) and ask them to market this opportunity to their current unemployed clients. The value-add to these unemployed is that they build their resume, keep up their morale, still collect unemployment, network and make connections, etc. The value to the state by incorporating this volunteer concept is they are being innovative and this concept is very expandable, with no cost. The value to your organization is that you get a professional for no money with great skills and network. Everyone wins!

Also like your idea of the college internships and know that you will also get a good response there.


From: bounce-4920716-8709241@list.cornell.edu [mailto:bounce-4920716-8709241@list.cornell.edu] On Behalf Of Michael Daugherty
Sent: Saturday, January 02, 2010 12:49 PM
To: CDB Listserve
Subject: {Spam?} Questions about internships

We are a small ($13 million) community credit union with a low income designation. We have identified several projects primarily related to social media marketing that we would like to undertake. The problem is that we have neither the time to do it ourselves nor the budget to hire someone. I am considering approaching a local university about recruiting an intern, and have some questions this group might be able to help me with.

First of all, as I said we have no money in the budget to pay for this. Are interns willing to volunteer their time to help non-for-profit organizations? I don't want to exploit anyone, but in exchange for their labor they are receiving work experience. Having graduated from college during the early 1980s recession I can appreciate how difficult it must be to find work as an entry level person in this economic environment. In hindsight I wish I had done some sort of internship in college.

Second, who do I approach? We are blessed with a large land-grant university (University of Illinois) and a good community college. I have contacts in the law department but that is about it. Should I contact the department head in Marketing?

I understand the need to have the projects carefully defined with the objectives and desired results spelled out. Any other advice would be appreciated.

Michael Daugherty
President/Manager
Community Plus Federal Credit Union
Rantoul, IL
manager@cuplus.org<mailto:manager@cuplus.org>


CDB list instructions http://www.runonthebank.net/cdblist.htm



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