Non-Profits Cannot Afford to Ignore These Business Practices

Abhinav Anand | July 28, 2022 | 480 views | Read Time : 02:05 min

Non-Profits webinar

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.

Spotlight

Test - Lincoln Center

Lincoln Center for the Performing Arts (LCPA) serves three primary roles: presenter of artistic programming, national leader in arts and education and community engagement, and manager of the Lincoln Center campus. A presenter of more than 3,000 free and ticketed events, performances, tours, and educational activities annually, LCPA offers 16 series, festivals, and programs including American Songbook, Avery Fisher Career Grants and Artist program, David Rubenstein Atrium programming, Great Performers, Legends at Lincoln Center: The Performing Arts Hall of Fame, Lincoln Center at the Movies, Lincoln Center Emerging Artist Awards, Lincoln Center Festival, Lincoln Center Out of Doors, Lincoln Center Vera List Art Project, Midsummer Night Swing, Mostly Mozart Festival, White Light Festival, the Emmy Award–winning Live From Lincoln Center, which airs nationally on PBS, and Lincoln Center Education, which is celebrating 40 years enriching the lives of students, educators, and lifelong lear

OTHER ARTICLES
NONPROFIT MANAGEMENT

Non-Profits Impacting the Economy

Article | July 14, 2022

While it's obvious how non-profits directly improve people's lives, their positive contributions to the US economy are frequently overlooked. A closer examination reveals that non-profit organizations have a large and far-reaching impact on the American economy. Non-profits, in fact, improve and strengthen local, state, and national economies in a variety of ways, including the following: The more than $826 billion spent on salaries, benefits, and payroll taxes by non-profits each year accounts for a sizable portion of their nearly $2 trillion annual budget. Non-profit employees also pay taxes on their salaries, as well as sales taxes and property taxes on what they own. Non-profits that provide care for children or elderly parents allow family members who would otherwise be responsible for providing care to work outside the home. Non-profit organizations also offer job training and placement services to people who would otherwise be unemployed or underemployed. Non-profits spend nearly $1 trillion on goods and services each year, ranging from large expenses like medical equipment for non-profit hospitals to small purchases like office supplies, food, utilities, and rent. Non-profits have an even greater impact because they generate economic activity and jobs that spread throughout the community. Consider arts programming as one example. By attending a play at a local non-profit community theater, you likely helped local businesses as well as the cast, crew, and administrative staff. Have you paid for parking? Did you purchase the appropriate earrings, shoes, or tie for the occasion? Did you eat before the show or meet up with friends afterwards? If this is the case, you have increased the economic impact of that theater by helping to create more jobs in the local economy while also increasing tax revenue for the local government. Have you ever noticed how local non-profits are frequently mentioned in brochures for local chambers of commerce as a top reason for businesses to locate there? Many cities are proud of their beloved cultural amenities, such as non-profit museums and performing arts centres. Non-profit colleges, which demonstrate the value of an educated workforce, and non-profit healthcare facilities, which reinforce a commitment to well-being, are also common features. While these local icons are rarely labelled as "non-profits" in brochures, business leaders intuitively recognize the enormous value that local non-profits contribute to the community's quality of life.

Read More
NONPROFIT MANAGEMENT

4 Challenges that Large Non-profit Organizations Face

Article | May 20, 2022

Large non-profit organisations must frequently overcome extreme challenges in order to stay on track toward achieving their mission and goals. There are currently 1.4 million tax-exempt organisations in the United States alone, so there is no shortage of non-profit organisations competing for resources, financial assistance, and talent. The challenge is exacerbated because a large non-profit (or small non-profit) is expected to make all strategic decisions with its organisational mission in mind. The good news is that a non-profit’s mission can guide them in making the right decisions and overcoming obstacles. Large non-profits face numerous challenges on a daily basis in order to stay on track. These issues include sustainability, donor retention and engagement, finding the right volunteers, and organising internal and external processes. Today, we'll go over these issues in greater depth and offer solutions. How Can Large Non-profits Be Sustainable? Sustainability is critical to a large non-profit’s long-term success. Large non-profit organizations frequently must uphold a recognizable brand and reputation. Developing a strategic plan with sustainability as the foundation starts with an organization's mission and vision. How Can Large Non-profits Keep and Engage Donors? Another issue that large non-profit organizations frequently face is retaining and engaging donors. Did you know that in 2015, 373.25 billion dollars were donated to charitable causes? Large non-profit organizations are tasked with acquiring new donors, engaging their donor base, and retaining valuable relationships. Donor retention rates for offline-only donors are 29%, while online-only donors have a 21% retention rate. Raising these averages by a few percentage points can give a large non-profit organization more reach. How Can a Large Non-profit Find the Right Volunteers? A large non-profit can save a lot of money by identifying and recruiting the right volunteers for the right strategic jobs. According to an Independent Sector study, the average volunteer hour is worth more than $24.00 (2016 data). The value of volunteerism can quickly add up large non-profit organizations that rely heavily on volunteers. Volunteers also provide valuable skill sets to non-profits, which can improve an organization's ability across departments. How Can Large Non-profits Improve Processes? Setting up processes is one of the most important things a large non-profit can do to ensure consistency and control throughout the organization. Every aspect of the organization, including but not limited to fundraising, volunteer coordination, training, strategic engagement, and retention strategies, should have a process in place. Organizations that want to create a road map for success must devote time to strategic planning.

Read More
NONPROFIT MANAGEMENT

What Are the Top Five Lessons for Your Non-Profit This Year?

Article | July 15, 2022

It is crucial to keep a keen eye on what the significant figures imply for NGO’s and how they affect their operations. Learn more in detail in the 5 key lessons! It's alluring to concentrate just on the significant figures that affect the non-profit industry as a whole. However, it's equally crucial to concentrate on what those significant figures imply for certain NGOs and how they may affect your day-to-day operations. The report can be used to learn the following five key lessons. Lesson One: Small-Dollar Donors Are Being Left Behind Around 84.1% of contributors give less than $500 yearly to the organisations they support, and just 19% of new donors are retained over time, according to the most recent Fundraising Effectiveness Project data. This indicates that the great majority of small-dollar donors are leaving non-profit organizations. Lesson Two: There are Winners and Losers by Mission Type Donors change the emphasis they give to certain missions every year. Donors' giving priorities clearly reflect the legacy of COVID-19 as well as the enduring influence of racial and social justice movements. The number of non-profits with missions in the arts, culture, or healthcare increased significantly in 2020. Non-profits with an emphasis on foreign affairs, human services, and education, on the other hand, had slow growth or reductions in 2021. Lesson Three: Corporate Giving is a Distraction It will become more crucial to engage with people instead of concentrating on corporate ties as businesses modify their philanthropic alliances and employees try to support their preferred causes outside of their workplace's giving program. Lesson Four: It’s Time to Modernize Bequest Giving A warning sign that NGOs are not investing in highlighting the opportunities available with legacy gifts is the decline in bequests during 2021. Although any donor can establish a contribution through their estate to a non-profit they are passionate about, there is a frequent misconception that bequests must be customized for significant donors. Lesson Five: Retention and Acquisition Benchmarks Are Critical For its key revenue figures, the Giving USA report heavily depends on IRS 990 information. When examining giving trends throughout the sector, that data is helpful, but it is less helpful when attempting to comprehend the behavior of all donors. It is reassuring to see that when discussing contributors' ongoing support of NGOs, the Fundraising Effectiveness Project's data on acquisition and retention of individual donors was recognised as the primary source. It's crucial to comprehend donor behaviour, and you can achieve this by comparing the donor behaviour of your own organization to benchmarks from the ‘Fundraising Effectiveness Project.’

Read More
NONPROFIT MANAGEMENT

Top 5 Trends for Non-Profits in 2022

Article | July 11, 2022

Non-profits can lead with a data-driven strategy that seamlessly connects staff and volunteers and engages donors if they have the right tools. In the coming year, non-profits will continue to correct course in a still chaotic environment, providing opportunities to rethink strategy with data gathered since transitioning to a digital-first environment. With Dreamforce in the rear-view mirror and the new year fast approaching, our non-profit experts are here to share the top five trends for non-profits in 2022. Non-profits continue to adapt and shift strategies: 89% of non-profit marketers have updated their digital engagement strategy and the ability to pivot to digital-first options. For example, remote fundraising; these are the times when organizations adapt to change and priorities to win the hearts of constituents. Connection and collaboration from anywhere: Getting together, meeting new people, and gathering has changed drastically and will continue to evolve. Hence making remote connections is a key trend for non-profits in 2022. Data-informed decisions: Establishing transparency around your non-profit gives you insights into how your funds are spent. The best way to showcase it is through data-informed decisions. Invest in people: Non-profits use digital platforms and can depend on that data to create meaningful conversations with donors and volunteers to build relationships and also with the staff to ensure what are their needs that requires attention. After two years of going digital, every non-profit’s new year's resolution should be to put data to use. Using data through foundational technology is the best way to connect with constituents while also remaining agile in order to adapt and ensure that teams are working effectively to power your mission. Non-profits must continue to adapt to new ways of fundraising in a hybrid work environment in order to survive and thrive. Furthermore, there is a greater emphasis on finding new ways to connect with donors in an entirely digital environment.

Read More

Spotlight

Test - Lincoln Center

Lincoln Center for the Performing Arts (LCPA) serves three primary roles: presenter of artistic programming, national leader in arts and education and community engagement, and manager of the Lincoln Center campus. A presenter of more than 3,000 free and ticketed events, performances, tours, and educational activities annually, LCPA offers 16 series, festivals, and programs including American Songbook, Avery Fisher Career Grants and Artist program, David Rubenstein Atrium programming, Great Performers, Legends at Lincoln Center: The Performing Arts Hall of Fame, Lincoln Center at the Movies, Lincoln Center Emerging Artist Awards, Lincoln Center Festival, Lincoln Center Out of Doors, Lincoln Center Vera List Art Project, Midsummer Night Swing, Mostly Mozart Festival, White Light Festival, the Emmy Award–winning Live From Lincoln Center, which airs nationally on PBS, and Lincoln Center Education, which is celebrating 40 years enriching the lives of students, educators, and lifelong lear

Related News

NONPROFIT MANAGEMENT,NONPROFIT TECHNOLOGY

Orenda Education Merges With Think Together to Create Scalable School Improvement Nonprofit

Think Together | September 13, 2022

Think Together, one of California's largest nonprofits serving K-12 schools today announced it has completed the merger with Orenda Education, a top school improvement and professional development consultancy. Upon the close, the combined organization will serve more than 200,000 students across the state with more than $150 million in annual revenue. Moreover, the organization will be better positioned to rapidly scale their impact. "We're thrilled to bring our two organizations together in our combined efforts to improve student success and close the achievement gap, This merger is the natural evolution of Orenda's existing relationship with Think Together and solidifies our joint commitment to ensuring that the more than 2 million California students that are performing far below grade level have the support they need during the school day and beyond to succeed academically, Now more than ever, teachers, school leaders and administrators need to think outside the box to address the issues impacting students including socio-economic biases, social emotional learning, and more,Providing these much-needed supports to educators means districts and schools can provide the skills they need to teach, lead and counsel during and following a period of great disruption during the pandemic." -Randy Barth, Founder and CEO Think Together. Over the past seven years, Think Together and Orenda have had an affiliate agreement in place while the full acquisition builds the long-term financial and operational capacities for Orenda to continue to scale. Orenda's work focuses on transforming education systems, either across a school district or by cohorts of schools, providing professional development to all levels of district staff, around a specific data-driven but people-centric school improvement model. Think Together partners with over 60 school districts and charter management organizations to provide more than 900 direct-to-student academic and enrichment programs at more than 450 school sites across California, serving more than 100,000 youth. Orenda Education works behind-the-scenes with school district leaders and educators to identify inequities in schools and then transform their systems to ensure all students have access to a premium education. "Think Together has always been an incredible partner, infusing the infrastructure needed to provide an efficient model for changing the odds for kids, Our two models have always complemented each other but now, we can efficiently scale our vision for all students to receive the premium education they deserve." -Dr. Robin Avelar La Salle, Founder and CEO Orenda Education. The acquisition comes as both organizations experience tremendous growth due in large part to new and renewed state investments in education to accelerate learning recovery efforts and provide educators with needed support amid the ongoing COVID-19 pandemic. Recently the U.S. Department of Education reported a dramatic decline in scores from the National Assessment of Education Progress (NAEP) known as the nation's scorecard. Two decades of growth for American students in reading and math were wiped away by just two years of pandemic-disrupted learning, according to national test scores released last week. And, the declines were much larger for students at lower performance levels, widening already-huge learning disparities between the country's high- and low-achievers. Orenda's approach to school improvement has proven to accelerate student outcomes, such as mastery of grade-level standards (measured by math and English language SBAC scores), improved A-G class completion rates, and improved graduation rates. They also provide administrative coaching, teaching strategies, and leadership clinics. To expand these services, Orenda was recently awarded a $4 million Education Innovation and Research grant by the U.S. Department of Education to digitize and distribute their school improvement approach through an online platform that is effective and highly scalable to schools and districts in any geography, and to those who require less in-person support. Think Together adds Orenda to their growing list of services that support student education in and around the school day. Think Together's flagship afterschool programs support students in underserved communities with homework help, enrichment, social-emotional learning and physical well-being, all to enable students to strive for college or a fulfilling career. To provide high-quality programs, Think Together partners with philanthropic organizations like the Joseph Drown Foundation. Breaking down the barriers to opportunity, equity and access in education by keeping students and their success as the centered focus is one of the most meaningful investments for our future generations said Alyssa Santino, Program Director of the Joseph Drown Foundation. Ensuring the educators, leaders and structures around students are supported and inspired and effectively trained with research-based, proven and engaging strategies is imperative for thriving students and communities. We are pleased to partner with Think Together and Orenda Education as they excel in this space and continue to transform the trajectory of students and the schools they attend. Barth sees the combination of direct services to students through expanded and early learning, coupled with equity-based professional development, as an effective combination to supporting student achievement alongside their school district and charter partners. Dr. Paul Gothold, Superintendent of County Office of Education in San Diego agrees. His former district, Lynwood Unified School District, realized astonishing improvements when partnering with both Think Together and Orenda, including increasing graduation rates from 56% to 90.8%, and A-G college eligible rates from 18% to 53%. Orenda provides the technical expertise for true district turn-around. The systems approach and professional development modules to build staff capacity ensures all leaders have the tools and resources to provide a premium education for all students, said Gothold. With Think Together's financial and operational support, Orenda is well positioned to continue providing much-needed education innovation to schools throughout the state and beyond. About Think Together: For over 25 years Think Together has partnered with schools and communities to pursue educational equity and excellence for all kids. As a nonprofit organization, Think Together innovates, implements, and scales academic solutions that change the odds for hundreds of thousands of California students. Think Together's program areas include early learning, afterschool, school support services and leadership development for teachers and school administrators.

Read More

NONPROFIT TECHNOLOGY,PHILANTHROPY

Silent Donor Drives Innovation in Philanthropy with Unique Anonymous Donation Platform

Silent Donor | October 06, 2022

Silent Donor has publicly launched their online service that provides an easy, accessible way for donors to send anonymous donations to established nonprofit or charitable 501(c)(3) organizations. They are the first online donation platform designed from the ground up to protect the privacy of donors. "Growing numbers of individuals and companies, for a variety of reasons, want to carry out their charitable giving anonymously, Our platform offers the privacy and security that these donors are looking for. We're confident that our company can help increase philanthropic efforts across the nation and around the world, While the individual reasons for wanting to remain anonymous vary, the underlying gravity that holds these donors together is their desire to bring about positive change in the world through a nonprofit or charitable cause. Compared to the 2021 US online donation average, those using Silent Donor gave three times more on a per-donation basis during the same year, The benefit of privacy clearly encourages certain donors to give more to the causes they want to support." -Tim Sanders, Founder & CEO of Silent Donor. Sanders notes there are many different reasons why donors choose to remain anonymous. Some hold strong altruistic beliefs; some cite religious values. Other donors simply seek more privacy and are frustrated by constant emails, physical mail, and phone calls that come in the wake of sending a donation. Some donors also prefer to give anonymously to causes that other groups might find controversial to avoid being publicly renounced or 'canceled' for their donation choices. Silent Donor is already at work, helping people send donations to charitable organizations, and partnering with organizations to allow them to easily accept anonymous donations from their supporters. They recently became the official anonymous donation partner for United24, the global fundraising vehicle started by the President of Ukraine to provide philanthropic assistance to the country. Among others, Silent Donor also assisted in running an international anonymous donation campaign for the charity SameYou, founded by Game of Thrones actress Emilia Clarke. Notable exceptions to the service provided by Silent Donor include political donations of any kind, and donations to 501(c)(4) organizations. To use the service, donors simply complete a short donation form on the Silent Donor platform and write in the organization they want to receive their donation. Donations can be made via credit card, bank transfer, or Bitcoin. The donation is then sent anonymously to the charity or nonprofit of their choosing. The executive team at Silent Donor created a 501(c)(3) registered donor-advised fund called the AnonDo Fund specifically to protect the privacy of their donors. This fund is used to seamlessly send donations on behalf of donors without including any of their personal information. About Silent Donor: Silent Donor is the first and largest anonymous donation platform, with operations and partnerships across the globe. Its mission is to enable people and companies to privately donate funds to nonprofit or charitable causes, without receiving any unwanted attention from the receiving organization or from the public. Silent Donor operates through a 501(c)(3) registered donor-advised fund partner, which they specifically created to shield and protect the privacy of donors. This fund allows them to accept and send tax-deductible donations on behalf of donors without including any personal information.

Read More

FUNDRAISING,NONPROFIT TECHNOLOGY

FIRST FOOD FOR ALL FUNDRAISER RAISES OVER $46,000 TO BENEFIT THE ATLANTA COMMUNITY FOOD BANK

Atlanta Community Food Bank | October 06, 2022

Financial services professionals across the greater Atlanta area are helping put dollars to good use with the first-ever Food for All fundraiser to benefit the Atlanta Community Food Bank. The fundraising competition raised $46,510 to support the Food Bank and its mission of fighting hunger in metro Atlanta and north Georgia, providing enough food for 186,000 meals. Since the global pandemic, the Food Bank has seen significant increases in need for its services and has been working with various community and government partners to continue providing access to nutritious meals for food insecure neighbors. "The Atlanta Community Food Bank has a long history of industry partnerships, including the legal, accounting, and tech communities with our Legal Food Frenzy, Accounting Food Fight, and Tech Cares, Tech Shares competitions. We are honored and thrilled to forge this historic relationship with the financial services community to kick off Food for All, We are incredibly grateful to the local financial service industry professionals who came together for this friendly fundraising competition and to make an impact on the lives of Georgia families that need our support." -Kyle Waide, President & CEO of Atlanta Community Food Bank. The seven Founding Teams that participated in the inaugural Food for All event included BlackRock, Voya Financial, Homrich Berg, CFA Society Atlanta, Bank of America Private Bank, CI Brightworth, and CIBC Private Wealth Management. "The Food for All fundraiser provides an excellent opportunity to reinforce our commitment to the Finance Industry and local community by joining forces for this vital cause, We support it and hope to inspire our members to join in with donations and volunteer efforts." -Cathy Ford, Executive Director for CFA Society Atlanta. Trevor Neumann, COO of BlackRock Atlanta Innovation Hub and Food Bank Advisory Board and Food for All Task Force member said, "In support of the Food Bank's critical mission to end hunger in Atlanta, we are thrilled to collaborate with the local financial services community as a founding member of the Atlanta Community Food Bank's inaugural Food for All fundraising competition. We look forward to building on this year's success by growing the Food for All competition in the years to come." Throughout the year, the Atlanta Community Food Bank connects more than 715,000 people with healthy and nutritious food. The organization also works with more than 700 nonprofit partners to help fight food insecurity in the communities they serve. About Atlanta Community Food Bank: The Atlanta Community Food Bank works to end hunger with the food, people and big ideas needed to ensure our neighbors have the nourishment to lead healthy and productive lives. Far too many people in our own community experience hunger every day, including children, seniors and working families. Through more than 700 nonprofit partners, we help more than 715,00 people get healthy food every year. Our goal is that all hungry people across metro Atlanta and North Georgia will have access to the nutritious meals they need when they need them. It takes the power of our whole community to make that possible.

Read More

NONPROFIT MANAGEMENT,NONPROFIT TECHNOLOGY

Orenda Education Merges With Think Together to Create Scalable School Improvement Nonprofit

Think Together | September 13, 2022

Think Together, one of California's largest nonprofits serving K-12 schools today announced it has completed the merger with Orenda Education, a top school improvement and professional development consultancy. Upon the close, the combined organization will serve more than 200,000 students across the state with more than $150 million in annual revenue. Moreover, the organization will be better positioned to rapidly scale their impact. "We're thrilled to bring our two organizations together in our combined efforts to improve student success and close the achievement gap, This merger is the natural evolution of Orenda's existing relationship with Think Together and solidifies our joint commitment to ensuring that the more than 2 million California students that are performing far below grade level have the support they need during the school day and beyond to succeed academically, Now more than ever, teachers, school leaders and administrators need to think outside the box to address the issues impacting students including socio-economic biases, social emotional learning, and more,Providing these much-needed supports to educators means districts and schools can provide the skills they need to teach, lead and counsel during and following a period of great disruption during the pandemic." -Randy Barth, Founder and CEO Think Together. Over the past seven years, Think Together and Orenda have had an affiliate agreement in place while the full acquisition builds the long-term financial and operational capacities for Orenda to continue to scale. Orenda's work focuses on transforming education systems, either across a school district or by cohorts of schools, providing professional development to all levels of district staff, around a specific data-driven but people-centric school improvement model. Think Together partners with over 60 school districts and charter management organizations to provide more than 900 direct-to-student academic and enrichment programs at more than 450 school sites across California, serving more than 100,000 youth. Orenda Education works behind-the-scenes with school district leaders and educators to identify inequities in schools and then transform their systems to ensure all students have access to a premium education. "Think Together has always been an incredible partner, infusing the infrastructure needed to provide an efficient model for changing the odds for kids, Our two models have always complemented each other but now, we can efficiently scale our vision for all students to receive the premium education they deserve." -Dr. Robin Avelar La Salle, Founder and CEO Orenda Education. The acquisition comes as both organizations experience tremendous growth due in large part to new and renewed state investments in education to accelerate learning recovery efforts and provide educators with needed support amid the ongoing COVID-19 pandemic. Recently the U.S. Department of Education reported a dramatic decline in scores from the National Assessment of Education Progress (NAEP) known as the nation's scorecard. Two decades of growth for American students in reading and math were wiped away by just two years of pandemic-disrupted learning, according to national test scores released last week. And, the declines were much larger for students at lower performance levels, widening already-huge learning disparities between the country's high- and low-achievers. Orenda's approach to school improvement has proven to accelerate student outcomes, such as mastery of grade-level standards (measured by math and English language SBAC scores), improved A-G class completion rates, and improved graduation rates. They also provide administrative coaching, teaching strategies, and leadership clinics. To expand these services, Orenda was recently awarded a $4 million Education Innovation and Research grant by the U.S. Department of Education to digitize and distribute their school improvement approach through an online platform that is effective and highly scalable to schools and districts in any geography, and to those who require less in-person support. Think Together adds Orenda to their growing list of services that support student education in and around the school day. Think Together's flagship afterschool programs support students in underserved communities with homework help, enrichment, social-emotional learning and physical well-being, all to enable students to strive for college or a fulfilling career. To provide high-quality programs, Think Together partners with philanthropic organizations like the Joseph Drown Foundation. Breaking down the barriers to opportunity, equity and access in education by keeping students and their success as the centered focus is one of the most meaningful investments for our future generations said Alyssa Santino, Program Director of the Joseph Drown Foundation. Ensuring the educators, leaders and structures around students are supported and inspired and effectively trained with research-based, proven and engaging strategies is imperative for thriving students and communities. We are pleased to partner with Think Together and Orenda Education as they excel in this space and continue to transform the trajectory of students and the schools they attend. Barth sees the combination of direct services to students through expanded and early learning, coupled with equity-based professional development, as an effective combination to supporting student achievement alongside their school district and charter partners. Dr. Paul Gothold, Superintendent of County Office of Education in San Diego agrees. His former district, Lynwood Unified School District, realized astonishing improvements when partnering with both Think Together and Orenda, including increasing graduation rates from 56% to 90.8%, and A-G college eligible rates from 18% to 53%. Orenda provides the technical expertise for true district turn-around. The systems approach and professional development modules to build staff capacity ensures all leaders have the tools and resources to provide a premium education for all students, said Gothold. With Think Together's financial and operational support, Orenda is well positioned to continue providing much-needed education innovation to schools throughout the state and beyond. About Think Together: For over 25 years Think Together has partnered with schools and communities to pursue educational equity and excellence for all kids. As a nonprofit organization, Think Together innovates, implements, and scales academic solutions that change the odds for hundreds of thousands of California students. Think Together's program areas include early learning, afterschool, school support services and leadership development for teachers and school administrators.

Read More

NONPROFIT TECHNOLOGY,PHILANTHROPY

Silent Donor Drives Innovation in Philanthropy with Unique Anonymous Donation Platform

Silent Donor | October 06, 2022

Silent Donor has publicly launched their online service that provides an easy, accessible way for donors to send anonymous donations to established nonprofit or charitable 501(c)(3) organizations. They are the first online donation platform designed from the ground up to protect the privacy of donors. "Growing numbers of individuals and companies, for a variety of reasons, want to carry out their charitable giving anonymously, Our platform offers the privacy and security that these donors are looking for. We're confident that our company can help increase philanthropic efforts across the nation and around the world, While the individual reasons for wanting to remain anonymous vary, the underlying gravity that holds these donors together is their desire to bring about positive change in the world through a nonprofit or charitable cause. Compared to the 2021 US online donation average, those using Silent Donor gave three times more on a per-donation basis during the same year, The benefit of privacy clearly encourages certain donors to give more to the causes they want to support." -Tim Sanders, Founder & CEO of Silent Donor. Sanders notes there are many different reasons why donors choose to remain anonymous. Some hold strong altruistic beliefs; some cite religious values. Other donors simply seek more privacy and are frustrated by constant emails, physical mail, and phone calls that come in the wake of sending a donation. Some donors also prefer to give anonymously to causes that other groups might find controversial to avoid being publicly renounced or 'canceled' for their donation choices. Silent Donor is already at work, helping people send donations to charitable organizations, and partnering with organizations to allow them to easily accept anonymous donations from their supporters. They recently became the official anonymous donation partner for United24, the global fundraising vehicle started by the President of Ukraine to provide philanthropic assistance to the country. Among others, Silent Donor also assisted in running an international anonymous donation campaign for the charity SameYou, founded by Game of Thrones actress Emilia Clarke. Notable exceptions to the service provided by Silent Donor include political donations of any kind, and donations to 501(c)(4) organizations. To use the service, donors simply complete a short donation form on the Silent Donor platform and write in the organization they want to receive their donation. Donations can be made via credit card, bank transfer, or Bitcoin. The donation is then sent anonymously to the charity or nonprofit of their choosing. The executive team at Silent Donor created a 501(c)(3) registered donor-advised fund called the AnonDo Fund specifically to protect the privacy of their donors. This fund is used to seamlessly send donations on behalf of donors without including any of their personal information. About Silent Donor: Silent Donor is the first and largest anonymous donation platform, with operations and partnerships across the globe. Its mission is to enable people and companies to privately donate funds to nonprofit or charitable causes, without receiving any unwanted attention from the receiving organization or from the public. Silent Donor operates through a 501(c)(3) registered donor-advised fund partner, which they specifically created to shield and protect the privacy of donors. This fund allows them to accept and send tax-deductible donations on behalf of donors without including any personal information.

Read More

FUNDRAISING,NONPROFIT TECHNOLOGY

FIRST FOOD FOR ALL FUNDRAISER RAISES OVER $46,000 TO BENEFIT THE ATLANTA COMMUNITY FOOD BANK

Atlanta Community Food Bank | October 06, 2022

Financial services professionals across the greater Atlanta area are helping put dollars to good use with the first-ever Food for All fundraiser to benefit the Atlanta Community Food Bank. The fundraising competition raised $46,510 to support the Food Bank and its mission of fighting hunger in metro Atlanta and north Georgia, providing enough food for 186,000 meals. Since the global pandemic, the Food Bank has seen significant increases in need for its services and has been working with various community and government partners to continue providing access to nutritious meals for food insecure neighbors. "The Atlanta Community Food Bank has a long history of industry partnerships, including the legal, accounting, and tech communities with our Legal Food Frenzy, Accounting Food Fight, and Tech Cares, Tech Shares competitions. We are honored and thrilled to forge this historic relationship with the financial services community to kick off Food for All, We are incredibly grateful to the local financial service industry professionals who came together for this friendly fundraising competition and to make an impact on the lives of Georgia families that need our support." -Kyle Waide, President & CEO of Atlanta Community Food Bank. The seven Founding Teams that participated in the inaugural Food for All event included BlackRock, Voya Financial, Homrich Berg, CFA Society Atlanta, Bank of America Private Bank, CI Brightworth, and CIBC Private Wealth Management. "The Food for All fundraiser provides an excellent opportunity to reinforce our commitment to the Finance Industry and local community by joining forces for this vital cause, We support it and hope to inspire our members to join in with donations and volunteer efforts." -Cathy Ford, Executive Director for CFA Society Atlanta. Trevor Neumann, COO of BlackRock Atlanta Innovation Hub and Food Bank Advisory Board and Food for All Task Force member said, "In support of the Food Bank's critical mission to end hunger in Atlanta, we are thrilled to collaborate with the local financial services community as a founding member of the Atlanta Community Food Bank's inaugural Food for All fundraising competition. We look forward to building on this year's success by growing the Food for All competition in the years to come." Throughout the year, the Atlanta Community Food Bank connects more than 715,000 people with healthy and nutritious food. The organization also works with more than 700 nonprofit partners to help fight food insecurity in the communities they serve. About Atlanta Community Food Bank: The Atlanta Community Food Bank works to end hunger with the food, people and big ideas needed to ensure our neighbors have the nourishment to lead healthy and productive lives. Far too many people in our own community experience hunger every day, including children, seniors and working families. Through more than 700 nonprofit partners, we help more than 715,00 people get healthy food every year. Our goal is that all hungry people across metro Atlanta and North Georgia will have access to the nutritious meals they need when they need them. It takes the power of our whole community to make that possible.

Read More

Events