Nonprofit Management, Financial Management
PR Newswire | January 03, 2024
Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces its recent distribution of $65,000 to seven deserving nonprofits. These funds are poised to amplify the significant impact these organizations have both locally in the metropolitan Washington region and on a broader national scale.
USSFCU President and CEO, Timothy L. Anderson, emphasized the credit union's longstanding commitment to community welfare, stating, "Giving back to the communities in which we live and work has always been integral to our mission. Through these donations, we aim to express our gratitude to these organizations for their tireless efforts in strengthening our communities."
The donations, ranging from $5,000 to $20,000, have been strategically allocated to support regional food pantries, shelters, and disaster relief programs. Each beneficiary was carefully chosen by USSFCU's leadership team, reflecting a deep connection to the hearts and minds of credit union staff.
The initiative commenced in mid-December, as Anderson and a select group of USSFCU representatives embarked on a series of check presentations at local locations. During these visits, they gained insights into the impactful work undertaken by each organization and presented them with a symbolic check.
Beneficiary organizations and their respective donations include
Capital Area Food Bank - $20,000
SOME (So Others Might Eat) - $10,000
Mattie Miracle Cancer Foundation - $10,000
ALIVE! (Alexandria) - $5,000
Carpenter's Shelter - $5,000
American Red Cross – $15,000
In addition to the monetary contributions, USSFCU actively engaged in hosting holiday donation drives, collecting toys, food, and winter essentials for the mentioned organizations. USSFCU members and staff were encouraged to participate by bringing their donations to the Credit Union's Bowman Branch location. The collected items will be delivered to the respective beneficiaries in the coming weeks, further reinforcing USSFCU's commitment to community support and well-being.
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Fundraising
Rokt | December 01, 2022
Rokt, the leading ecommerce technology company using machine learning to make transactions more relevant to each shopper, today announced it has partnered with Pledge, the leading charitable fundraising platform, to launch a donation option for Rokt partners to promote giving back. Now, companies in Rokt's network can easily implement a donation feature to enhance their partnerships with nonprofits they support and present their online customers with the option to join them in donating to the organizations and causes most relevant to them.
Rokt's partners can choose which charities to share with their customers from more than 2 million verified nonprofits in Pledge's database. Rokt's machine-learning technology ensures that a brand's customers are presented with the donation opportunities that are most relevant to them from a predetermined list, whether they are organizations with global reach or local charities. Partners also have the opportunity to support nationwide or global awareness months and events throughout the year, such as Breast Cancer Awareness Month and Giving Tuesday, maintaining full control and having the option to update which nonprofits are shown.
"We've heard from many of our partners that they'd like to invite their customers to join them in supporting charitable causes to have a greater positive impact on society, At Rokt, we're committed to being a force for good by investing in our people, communities and culture. With this new capability, we're helping our partners do more good in the world by powering the intelligence behind in-cart donations to charitable organizations. Our partners have the flexibility and control to choose the range of options presented to their customers or to let our ML technology identify the most relevant donation offer from Pledge's network of more than 2 million verified organizations to ensure relevancy for each end customer."
-Holly Aresty, Deputy Chief Commercial Officer at Rokt.
The new feature is part of Rokt's suite of payments products that partners can add to the transaction moment to personalize the shopping experience. Rokt's technology ensures that customers will see an invitation to donate to a different cause that is personally relevant to them each time they checkout on a company's site. Nearly 9 in 10 consumers (86%) say they're likely to purchase from purpose-driven companies, according to a 2019 Porter Novelli/Cone Purpose Biometrics study, and with this new personalized donation feature, Rokt partners can provide the best possible brand experience for shoppers.
"Pledge is thrilled to partner with Rokt to support charitable donations on a global level and increase impact through some of the world's most prominent brands, Today's consumers strive to support and invest in mission-driven businesses and our partnership will enable consumers to make a difference through every purchase, strengthening brand loyalty, while also significantly benefiting nonprofits and communities around the world."
-Meghan Gibson Franco, Vice President of Partnerships at Pledge.
About Rokt:
Rokt is the global leader in ecommerce technology, enabling companies to drive incremental value from every transaction by offering highly relevant messages at the moment customers are most likely to convert. Rokt's machine-learning technology has powered more than 5 billion transactions globally for more than 2,500 of the world's leading companies, including Uber, Fanatics, Live Nation, AMC Theatres, PayPal, Hulu, Staples, Lands' End and HelloFresh. Founded in Australia, with US headquarters in New York City, the company operates in 14 countries across North America, Europe and the Asia-Pacific region. Rokt for a second year in a row joins the fastest-growing private companies in the US on the Inc. 5000 list in 2022.
About Pledge:
Pledge is the world's most trusted and innovative charitable fundraising platform, making it easy for nonprofits, businesses, and individuals to make a positive impact in their communities and around the globe. Pledge powers donations through leading online platforms, such as Zoom, Evite, Shopify, Legacy, and WB Discovery as well as democratizes fundraising through free landing pages, cryptocurrency, text-to-donate, virtual events, and more. Pledge processes donations to 2+ million verified nonprofits and charitable organizations of all sizes and is a proud member of the UN Global Compact, Pledge 1%, Conscious Capitalism, and PledgeLA. Interested in making a difference?
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Financial Management
Foundation Source | November 22, 2022
With giving season around the corner, Foundation Source, the nation's largest provider of management solutions for private foundations, offers its annual Guide to the Giving Season to help generous individuals and families make the most of their charitable gifts for the remainder of 2022.
"In this current environment, charitable giving has never been more important, with many people looking for ways to maximize their giving dollars, As we head into this busy giving season, we hope our guide will inspire all types of donors with insights, strategies and tools to make their generosity go even further. As noted in our recent 2022 Report on Private Philanthropy, many philanthropists gave abundantly in 2021, and we are hopeful we'll see continued generosity for the remainder of 2022 and beyond, Whatever the future may hold, we are inspired by the charitable giving at many levels supporting the important work of local, national, and international institutions—often from behind the scenes—to make the world a better place."
-Sunil Garga, president and chief executive officer of Foundation Source.
The Foundation Source Guide to the Giving Season includes the following resources:
Give the Gift of Giving – provides a variety of suggestions for engaging with loved ones this holiday season in a way that is both personal and charitable – gift cards, setting up a "giving game," championing a service project, or hosting a fundraiser are all potential ways to brighten a recipient's day while ultimately supporting a charity and those that it serves.
8 Tips to Maximize Year-End Giving – helps donors amplify their gifts by considering tax implications, using a formalized charitable vehicle such as a private foundation or donor-advised fund, understanding required minimum distributions, exploring gift matching opportunities, and engaging their families in giving.
Giving Calendar – provides daily educational and/or actionable prompts to help further a donor's philanthropic journey throughout the giving season.
"From our 20 plus years of working with private foundations, we're fortunate to have witnessed many creative and thoughtful ways to engage in philanthropy, Charitable giving is an invaluable way to pursue passions, connect with community, and bridge familial generations through shared values. With the right tools and proactive planning, generous individuals and families can align their wealth management and legacy goals with a giving strategy that creates a lasting impact."
-Gillian Howell, Head of Client Advisory Solutions at Foundation Source.
About Foundation Source:
Foundation Source is the nation's largest provider of foundation management services and a trusted source for philanthropic expertise. We offer purpose-built software applications and a configurable suite of tech-enabled administrative, compliance, tax and advisory solutions for private philanthropists and their foundations. For more than two decades, Foundation Source has been empowering people and companies to create a better world through philanthropy. We work with individuals, families, boards and professional advisors to bring philanthropic visions to life and make giving easier. Today we are proud to support more than 2,000 unique foundations representing over $22 billion in charitable assets.
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