Apple board members receive restricted stock grants worth more than $253K

Meted out on Tuesday as part of Apple's 1997 Director Stock Plan, Arthur D. Levinson, James Bell, Al Gore, Rogert Iger, Andrea Jung, Ronald Sugar and Susan Wagner all received 1,852 restricted stock units worth just over $253,600 at the close of trading on Thursday. Assuming continued service, the board members will see the RSU batch vest on Feb. 1, 2018.

Spotlight

ProHero For Nonprofits

ProHero For Nonprofits is a service of Prohero.com, our platform that boosts nonprofit fundraising through high-value celebrity donations and a social auction platform that helps broaden nonprofit donor bases. Causes, charitable organizations, foundations, associations, schools, civic centers and other fundraising organizations all use ProHero to help fund important cause objectives and boost charity auction proceeds. Visit ProHero.com/charityauction or fundraisingdonors.com to get started.

OTHER ARTICLES
Nonprofit Management

The Money Redirect That’s Coming for Donor Wallets

Article | July 29, 2022

I speak to countless people in the nonprofit sector during the year, including many wealthy major gift donors. Throughout my time working with nonprofits, I often get asked and tell others what I see on the horizon. Recently, I wrote about a nonprofit crash that’s on the way. What's next? I see a big governmental money redirect. It’s no secret that zombie philanthropy took root in the sector. According to the National Philanthropic Trust’s "2020 Donor-Advised Fund Report," these funds, also known as DAFs, have approximately $140 billion under management by money managers at institutions such as Fidelity Charitable Trust, Schwab Charitable and Vanguard Charitable. Because these organizations are set up as 501(c)(3) organizations, donors receive immediate tax deductions.

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Nonprofit Management

5 Steps to Increase Community Awareness for Your Nonprofit

Article | July 12, 2022

Your community can potentially boost your nonprofit’s efforts and take your organization to new heights. But how do you get the community to fall in love with your nonprofit? This can be tough for both established and startup nonprofits alike. If your community isn’t as involved as you’d like, launch a community awareness campaign and endear yourself to your community in 5 simple steps!

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Nonprofit Management

5 Videos That Show Creative Ways to Market Your Nonprofit

Article | July 11, 2022

Video marketing increases brand engagement, reflects your nonprofit brand personality, and informs the public about your impact. The key is to approach your video marketing strategy in a creative way so you can stand out from the crowd. The following five videos are creative examples from which you can draw inspiration, from capturing your audience’s attention to building strong storylines that deliver information in innovative ways. In each example, we’ll dissect some best practices and learnings you can take away in order to level up your own videos.

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Nonprofit Management

Non-Profits Cannot Afford to Ignore These Business Practices

Article | July 28, 2022

While not-for-profit organizations have different missions and objectives than for-profit businesses, both need the appropriate management team and operational procedures to operate and develop. Unfortunately, maintaining good business processes can be problematic in the not-for-profit sector due to funding, staffing, and management resource limitations, which prevent companies from attaining their full potential. Through this article, you can learn about business tactics that would help build a strong foundation and structure for your non-profit organization to reach its full potential. Management and Board Supervision Management and its governing board must understand their roles, responsibilities, and authority. The rules, processes, and board training materials of the not-for-profit should formally reflect this knowledge. Board members need to be trained and made aware of their duties. Depending on the size of the organization and the backgrounds of its board members, the training's regularity and formality will probably change. CPA firms and other organizations offer resources and instruction on good board procedures. The training should include organization-specific topics, including the entity's programs, activities, mission and philosophy, strategy, finances, and the board's relationships with the organization and its employees. Management of Finance and Cash Flow For any firm, having strong finances is essential. The majority of not-for-profit organizations create annual budgets, but many fail to take into account setting up operating reserves or keeping track of and anticipating unrestricted net assets and cash flows. A formal operational reserve policy that outlines guidelines for how and when the reserves can be used as well as how they are funded should exist and be authorized by the board. Implementing Technology Investment in IT ought to be included in the overall strategy. For not-for-profit organizations, there are numerous options for systems and software, including cloud-based resources, in areas including general accounting, donor administration, record retention, and management reporting. Monthly-fee subscriptions could offer hosting, better functionality at a reduced price, and little IT support. The market for cloud-based services has improved in recent years, offering higher quality at significantly lower prices. In addition, many cloud service providers give discounts to not-for-profit organizations. Adhering to these above-mentioned business tactics would undoubtedly help your non-profit organization be structurally sound with a solid foundation. However, to develop a value proposition and new revenue sources, leadership must be able to view a not-for-profit company differently.

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Spotlight

ProHero For Nonprofits

ProHero For Nonprofits is a service of Prohero.com, our platform that boosts nonprofit fundraising through high-value celebrity donations and a social auction platform that helps broaden nonprofit donor bases. Causes, charitable organizations, foundations, associations, schools, civic centers and other fundraising organizations all use ProHero to help fund important cause objectives and boost charity auction proceeds. Visit ProHero.com/charityauction or fundraisingdonors.com to get started.

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Fundraising

Quility Raises $164k for Make-A-Wish Foundation During Annual Virtual Auction

Make-A-Wish | November 18, 2022

Quility, an award-winning insurtech company, held its third annual virtual fundraising event, "Storybook of Wishes," benefiting Make-A-Wish Central and Western North Carolina on November 16, 2022. In just one hour, the virtual auction raised $164,600 for Make-A-Wish, granting more than 20 wishes to kids. "At Quility, our purpose is everyday impact for everyone we serve, Events like this bring our mission to life. It is the most authentic expression of who we are and why we exist. We are grateful for the connections we have made with Make-A-Wish and that we work with an organization that makes it so easy to be our authentic selves." -Whit Zeh, Senior Director of Corporate Well-Being and Community Outreach. As part of the virtual event, Quility collaborated with the Sing Me a Story Foundation to sponsor the story of Olivia and to weave a short story she and her sister created into a song. Sing Me a Story gives children in need the opportunity to write and illustrate stories of their own, which are then turned into illustrated songs by professional songwriters. "Though Olivia has spent most of her life in a hospital, she and her family are full of joy and hope. It's a privilege to get to share her and her family's story and to give her and her sisters this opportunity, Olivia and her sister's story alone is worth hearing, but the song inspired by their story does something that words can't do. It's only through the power of music that we get a little closer to seeing the world the way Olivia does." -Tom Chester, Director of Production and Programs at Sing Me a Story. Quility's network of life insurance agents engage in various fundraisers and service projects every year to support communities and organizations, and the annual virtual auction is a culmination of these efforts as the agent force and corporate office come together to raise money for the Make-A-Wish Foundation. About Quility:   Quility uses innovative and proprietary technology to modernize the process of qualifying for and purchasing life insurance. The Quility digital platform offers clients the option to apply for life insurance online through a 10-minute application or with the support of a licensed insurance agent.

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Fundraising, Nonprofit Technology

Dominion Energy Announces $1.2 Million in Nonprofit Grants to Serve Critical Community Needs

Dominion Energy | October 12, 2022

The Dominion Energy Charitable Foundation has awarded $1.2 million in philanthropic grants to 185 nonprofit organizations across eight states, including nearly $450,000 for 68 organizations in Virginia. The grants will support essential human services, including housing, health care and food security. This is the seventh year the company has donated more than $1 million to meet critical community needs. "There are no more basic human needs than access to food, shelter and medical care, We're very grateful for the organizations in our communities that are helping to meet these basic needs. We're proud to support them and the positive impact they're having on people's lives." -Hunter A. Applewhite, President of the Dominion Energy Charitable Foundation. Grant applications were open to eligible organizations in states across Dominion Energy's footprint. A few examples of this year's Virginia grant recipients include: Blue Ridge Area Food Bank (Verona, Virginia) to help provide more than 1 million pounds of food to 37,000 people in the Blue Ridge region. PathForward (Arlington, Virginia) to build the capacity of its Mobile Medical Program which provides healthcare equity and access to unsheltered individuals in Arlington. Piedmont Senior Resources Area Agency on Aging (Farmville, Virginia) that will support senior citizen services and medical care transportation needs for more residents in Cumberland, Nottoway, Amelia, Prince Edward, Charlotte, Buckingham and Lunenburg Counties. Portsmouth Volunteers for the Homeless (Portsmouth, Virginia) that will provide temporary shelter for Portsmouth's homeless population, as well as other essential needs such as access to mail, restrooms, and physical and emotional support. "Gifts like this help us continue our mission to ensure that everyone has enough to eat, It's only with the continued support of generous donors and loyal partners like Dominion Energy that we are able to serve our community through the Food Bank's Mobile Food Pantries." -Michael McKee, CEO of the Blue Ridge Area Food Bank. With support from Dominion Energy, we will be able to improve the health outlook and quality of life for our clients who are experiencing street homelessness in our community, said Betsy Frantz, President and CEO of PathForward. We are incredibly appreciative of this generous support. Everyone in our community deserves access to safe shelter, showers and emotional support," said Darlene Washington, Executive Director for the Portsmouth Volunteers for the Homeless. "Dominion Energy's grant funding will allow us to continue delivering these vital services to those who depend on us the most. About the Dominion Energy Charitable Foundation: About 7 million customers in 15 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy contributed nearly $50 million in 2021 to community causes. The Foundation supports nonprofit causes that meet basic human needs, protect the environment, promote education, and encourage community vitality.

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Nonprofit Technology

CD&R Foundation Makes Inaugural Grants to Non-Profit Organizations

Clayton, Dubilier & Rice | June 15, 2022

Clayton Dubilier & Rice announced that the CD&R Foundation, which launched last year to meaningfully expand the Firm's philanthropic, service, and educational efforts, has made inaugural grants totaling approximately $3 million to nine non-profit organizations in New York City. These diverse organizations, identified as CD&R's Talent Solution Partners (TSP), align with the Foundation's goal of supporting "Equity through Opportunity" by offering underserved and underestimated talent in CD&R's local communities access to job training, high-quality jobs, and ongoing professional development opportunities throughout their career journey. Each organization focuses on the Foundation's key levers for change, which include: Equity: Promoting equitable access to employment and advancement that is inclusive of all facets of diversity—with a focus on historically excluded talent Growth: Supporting economic growth efforts in CD&R's two local communities – New York City and London Skills: Strengthening and amplifying best-in-class job skills training and upskilling practices for underserved and underestimated talent across industries Systems: Building capacity and filling gaps in the local workforce development ecosystem to increase opportunity pathways and eliminate barriers faced by marginalized communities CD&R will work alongside the TSPs to strengthen these efforts throughout New York City. CD&R recognizes that the pool of talent in our communities is overflowing, but their access to opportunity is shallow. These nine non-profit organizations were selected based on a myriad of factors, including their vision/mission, leadership, and commitment to an equitable future. These represent some of the traits and goals that we believe are critical to creating greater economic opportunity and employment for people of all backgrounds. Moving forward, we look forward to continuing to identify other potential partners that share our mission and values." Randy Moore, President of the CD&R Foundation "Over the past 44 years, CD&R has built a reputation for driving positive impact and innovation throughout our portfolio and in our local communities," said Don Gogel, Chairman of both CD&R and the CD&R Foundation. "The CD&R Foundation meaningfully expands these efforts, and we look forward to working with our TSPs to move the needle on inclusive employment and advancement practices." Braven: Its mission is to empower promising, underrepresented young people with the skills, confidence, experiences, and networks necessary to transition from college to strong first jobs. The City University of New York: The largest public urban university in the country, serving 260,000 degree seeking students and 185,000 continuing education students. The CUNY Office of Careers and Industry Partnerships sits at the intersection of industry and higher education, building partnerships between employers and the university to align CUNY's academic preparation with in-demand jobs in growth industries. Genesys Works: This organization provides pathways to career success for high school students in underserved communities through skills training, meaningful work experiences, and impactful relationships. Grace Institute: The institute empowers low-income women in the New York area to achieve employment and economic self-sufficiency by providing job-skills training, counseling, placement services and continuous learning opportunities. Henry Street Settlement: The organization's mission is to create opportunity for Lower East Side residents and other New Yorkers with over 50 programs located in 18 program sites across four core divisions, including employment and education. The Marcy Lab School: This institution provides free technical training, leadership development, and direct access to high-growth technology careers for young adults from underestimated backgrounds.  Per Scholas: Its mission is to advance economic equity through rigorous training for tech careers and to connect skilled underrepresented talent to leading businesses. STRIVE: A nonprofit agency headquartered in East Harlem that provides a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement. Upwardly Global: Its mission is to eliminate employment barriers for immigrant and refugee professionals and advance the inclusion of their skills into the U.S. economy through innovative skill-building and networking programs. About Clayton, Dubilier & Rice Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses primarily in five industry sectors, including Industrials, Healthcare, Consumer, Technology and Financial Services. The CD&R Foundation was established with the goal of enabling "Equity through Opportunity" by strengthening the workforce development ecosystem at the local community, portfolio network, and employer level.

Read More

Fundraising

Quility Raises $164k for Make-A-Wish Foundation During Annual Virtual Auction

Make-A-Wish | November 18, 2022

Quility, an award-winning insurtech company, held its third annual virtual fundraising event, "Storybook of Wishes," benefiting Make-A-Wish Central and Western North Carolina on November 16, 2022. In just one hour, the virtual auction raised $164,600 for Make-A-Wish, granting more than 20 wishes to kids. "At Quility, our purpose is everyday impact for everyone we serve, Events like this bring our mission to life. It is the most authentic expression of who we are and why we exist. We are grateful for the connections we have made with Make-A-Wish and that we work with an organization that makes it so easy to be our authentic selves." -Whit Zeh, Senior Director of Corporate Well-Being and Community Outreach. As part of the virtual event, Quility collaborated with the Sing Me a Story Foundation to sponsor the story of Olivia and to weave a short story she and her sister created into a song. Sing Me a Story gives children in need the opportunity to write and illustrate stories of their own, which are then turned into illustrated songs by professional songwriters. "Though Olivia has spent most of her life in a hospital, she and her family are full of joy and hope. It's a privilege to get to share her and her family's story and to give her and her sisters this opportunity, Olivia and her sister's story alone is worth hearing, but the song inspired by their story does something that words can't do. It's only through the power of music that we get a little closer to seeing the world the way Olivia does." -Tom Chester, Director of Production and Programs at Sing Me a Story. Quility's network of life insurance agents engage in various fundraisers and service projects every year to support communities and organizations, and the annual virtual auction is a culmination of these efforts as the agent force and corporate office come together to raise money for the Make-A-Wish Foundation. About Quility:   Quility uses innovative and proprietary technology to modernize the process of qualifying for and purchasing life insurance. The Quility digital platform offers clients the option to apply for life insurance online through a 10-minute application or with the support of a licensed insurance agent.

Read More

Fundraising, Nonprofit Technology

Dominion Energy Announces $1.2 Million in Nonprofit Grants to Serve Critical Community Needs

Dominion Energy | October 12, 2022

The Dominion Energy Charitable Foundation has awarded $1.2 million in philanthropic grants to 185 nonprofit organizations across eight states, including nearly $450,000 for 68 organizations in Virginia. The grants will support essential human services, including housing, health care and food security. This is the seventh year the company has donated more than $1 million to meet critical community needs. "There are no more basic human needs than access to food, shelter and medical care, We're very grateful for the organizations in our communities that are helping to meet these basic needs. We're proud to support them and the positive impact they're having on people's lives." -Hunter A. Applewhite, President of the Dominion Energy Charitable Foundation. Grant applications were open to eligible organizations in states across Dominion Energy's footprint. A few examples of this year's Virginia grant recipients include: Blue Ridge Area Food Bank (Verona, Virginia) to help provide more than 1 million pounds of food to 37,000 people in the Blue Ridge region. PathForward (Arlington, Virginia) to build the capacity of its Mobile Medical Program which provides healthcare equity and access to unsheltered individuals in Arlington. Piedmont Senior Resources Area Agency on Aging (Farmville, Virginia) that will support senior citizen services and medical care transportation needs for more residents in Cumberland, Nottoway, Amelia, Prince Edward, Charlotte, Buckingham and Lunenburg Counties. Portsmouth Volunteers for the Homeless (Portsmouth, Virginia) that will provide temporary shelter for Portsmouth's homeless population, as well as other essential needs such as access to mail, restrooms, and physical and emotional support. "Gifts like this help us continue our mission to ensure that everyone has enough to eat, It's only with the continued support of generous donors and loyal partners like Dominion Energy that we are able to serve our community through the Food Bank's Mobile Food Pantries." -Michael McKee, CEO of the Blue Ridge Area Food Bank. With support from Dominion Energy, we will be able to improve the health outlook and quality of life for our clients who are experiencing street homelessness in our community, said Betsy Frantz, President and CEO of PathForward. We are incredibly appreciative of this generous support. Everyone in our community deserves access to safe shelter, showers and emotional support," said Darlene Washington, Executive Director for the Portsmouth Volunteers for the Homeless. "Dominion Energy's grant funding will allow us to continue delivering these vital services to those who depend on us the most. About the Dominion Energy Charitable Foundation: About 7 million customers in 15 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy contributed nearly $50 million in 2021 to community causes. The Foundation supports nonprofit causes that meet basic human needs, protect the environment, promote education, and encourage community vitality.

Read More

Nonprofit Technology

CD&R Foundation Makes Inaugural Grants to Non-Profit Organizations

Clayton, Dubilier & Rice | June 15, 2022

Clayton Dubilier & Rice announced that the CD&R Foundation, which launched last year to meaningfully expand the Firm's philanthropic, service, and educational efforts, has made inaugural grants totaling approximately $3 million to nine non-profit organizations in New York City. These diverse organizations, identified as CD&R's Talent Solution Partners (TSP), align with the Foundation's goal of supporting "Equity through Opportunity" by offering underserved and underestimated talent in CD&R's local communities access to job training, high-quality jobs, and ongoing professional development opportunities throughout their career journey. Each organization focuses on the Foundation's key levers for change, which include: Equity: Promoting equitable access to employment and advancement that is inclusive of all facets of diversity—with a focus on historically excluded talent Growth: Supporting economic growth efforts in CD&R's two local communities – New York City and London Skills: Strengthening and amplifying best-in-class job skills training and upskilling practices for underserved and underestimated talent across industries Systems: Building capacity and filling gaps in the local workforce development ecosystem to increase opportunity pathways and eliminate barriers faced by marginalized communities CD&R will work alongside the TSPs to strengthen these efforts throughout New York City. CD&R recognizes that the pool of talent in our communities is overflowing, but their access to opportunity is shallow. These nine non-profit organizations were selected based on a myriad of factors, including their vision/mission, leadership, and commitment to an equitable future. These represent some of the traits and goals that we believe are critical to creating greater economic opportunity and employment for people of all backgrounds. Moving forward, we look forward to continuing to identify other potential partners that share our mission and values." Randy Moore, President of the CD&R Foundation "Over the past 44 years, CD&R has built a reputation for driving positive impact and innovation throughout our portfolio and in our local communities," said Don Gogel, Chairman of both CD&R and the CD&R Foundation. "The CD&R Foundation meaningfully expands these efforts, and we look forward to working with our TSPs to move the needle on inclusive employment and advancement practices." Braven: Its mission is to empower promising, underrepresented young people with the skills, confidence, experiences, and networks necessary to transition from college to strong first jobs. The City University of New York: The largest public urban university in the country, serving 260,000 degree seeking students and 185,000 continuing education students. The CUNY Office of Careers and Industry Partnerships sits at the intersection of industry and higher education, building partnerships between employers and the university to align CUNY's academic preparation with in-demand jobs in growth industries. Genesys Works: This organization provides pathways to career success for high school students in underserved communities through skills training, meaningful work experiences, and impactful relationships. Grace Institute: The institute empowers low-income women in the New York area to achieve employment and economic self-sufficiency by providing job-skills training, counseling, placement services and continuous learning opportunities. Henry Street Settlement: The organization's mission is to create opportunity for Lower East Side residents and other New Yorkers with over 50 programs located in 18 program sites across four core divisions, including employment and education. The Marcy Lab School: This institution provides free technical training, leadership development, and direct access to high-growth technology careers for young adults from underestimated backgrounds.  Per Scholas: Its mission is to advance economic equity through rigorous training for tech careers and to connect skilled underrepresented talent to leading businesses. STRIVE: A nonprofit agency headquartered in East Harlem that provides a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement. Upwardly Global: Its mission is to eliminate employment barriers for immigrant and refugee professionals and advance the inclusion of their skills into the U.S. economy through innovative skill-building and networking programs. About Clayton, Dubilier & Rice Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses primarily in five industry sectors, including Industrials, Healthcare, Consumer, Technology and Financial Services. The CD&R Foundation was established with the goal of enabling "Equity through Opportunity" by strengthening the workforce development ecosystem at the local community, portfolio network, and employer level.

Read More

Events