Startnext Crowdfunding Infographic

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The german crowdfunding platform Startnext released an infographic on which they illustrate how their platform has grown during its first year. Throughout the years I have had the opportunity to work on numerous grants that listed matching funds as a requirement in the guidelines.

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Jewish National Fund

JEWISH NATIONAL FUND (JNF) began in 1901 as a dream and vision to reestablish a homeland in Israel for Jewish people everywhere. Jews the world over collected coins in iconic JNF Blue Boxes, purchasing land and planting trees until ultimately, their dream of a Jewish homeland was a reality. Today, JNF continues to give all generations a unique voice in building and ensuring the prosperity of the land of Israel through their generosity and partnership with the people of Israel.

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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.

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NONPROFIT MANAGEMENT

4 Challenges that Large Non-profit Organizations Face

Article | July 29, 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.

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FUNDRAISING

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.’

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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.

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Spotlight

Jewish National Fund

JEWISH NATIONAL FUND (JNF) began in 1901 as a dream and vision to reestablish a homeland in Israel for Jewish people everywhere. Jews the world over collected coins in iconic JNF Blue Boxes, purchasing land and planting trees until ultimately, their dream of a Jewish homeland was a reality. Today, JNF continues to give all generations a unique voice in building and ensuring the prosperity of the land of Israel through their generosity and partnership with the people of Israel.

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FUNDRAISING,NONPROFIT TECHNOLOGY

FrontFundr raises over $140 million for more than 100 campaigns and launches new fundraising campaign

FrontFundr | September 22, 2022

FrontFundr, Canada’s leading equity crowdfunding platform, announced a significant growth milestone today—the company has surpassed 100 successful closes and processed over $150 million in investments for startups in Canada. To mark this momentous occasion, FrontFundr also launched its own fundraising campaign today, giving everyone the opportunity to invest in the platform itself. Equity crowdfunding allows anyone to invest in private companies and provides an alternative way for companies across a range of funding stages to raise capital. Since launching in 2015, FrontFundr has become the leading platform to invest in the growth of Canada’s most exciting startups and growth stage companies regardless of whether you are a beginner or a seasoned investor. Today’s milestone announcement comes at a time when many Canadians are feeling the pressures of inflation, rising costs and uncertainty in public markets. As wallets and traditional investments dwindle, investing in the private markets are becoming more attractive. They enable people, small and larger investors, to participate in early-stage investment opportunities that could potentially generate high returns while being mostly sheltered from external pressures like market volatility. When someone invests through FrontFundr, the return on those investments are driven by the success of the company, rather than public market sentiment. People can invest in companies they believe in and align with their values and interests. Some companies who have had campaigns on FrontFundr include CAARY, Manzil, Joni, Tiptap and Ecologyst. FrontFundr experienced strong business growth over the summer months and delivered several record results: The platform reached the same number of successful closes in the month of August, as in its entire previous record quarter: 5.5x the number of successful closes of the previous month and 117% higher than the same previous year-to-date period Investor activity increased by 25% quarter-over-quarter in 2022 Revenue increased by 94% quarter-over-quarter in 2022 (almost double from the previous calendar year) “We’re incredibly excited to see equity crowdfunding succeeding here in Canada and poised to go mainstream as we’ve seen in other countries Now that we’ve surpassed 100 successful raises on our platform, we see FrontFundr becoming the go-to platform for people to invest in Canada’s innovation economy while providing promising Canadian private companies access to capital from the public — and this is only the beginning.” -Peter-Paul Van Hoeken, Founder and CEO of FrontFundr. FrontFundr also announced the launch of its own fundraising campaign on the platform today. By listing itself on the marketplace, people have the unique opportunity to directly invest in the Canadian startup ecosystem. The campaign is now open to the public, and anyone can make an investment until Friday, November 4th, 2022. About FrontFundr: FrontFundr is Canada’s leading online private markets investing platform and an exempt market dealer. It provides startups and growth companies access to capital, and gives investors access to private companies they believe in and want to support. With a community of over 30,000 users, FrontFundr gives everyday investors the chance to review and complete private placements on one digital platform. The company’s revolutionary technology allows Canadians to invest in innovative growth businesses in under 12 minutes, starting from as little as $250.

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Feenix: A crowdfunding initiative for university students in debt

The Citizen | July 22, 2019

Statistics from the United Nations Educational Scientific Cultural Organisation (Unesco) have revealed that only 23% of science, technology, engineering, mathematics (Stem) talent is female, which is something a South African crowdfunding startup is working toward changing. The UN’s findings have been supported by reports that indicate that the male to female Stem graduate ratio in South Africa is as imbalanced as it is in the rest of the world, according to Feenix. According to Leana de Beer, chief operating officer at Feenix, the aim of the organisation is to connect communities in a bid to promote a world in which debt-free education is more than just a dream.

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Economic development nonprofit offering prizes for transportation solutions

Crain's Cleveland | June 03, 2019

The Fund for Our Economic Future is putting $1 million behind an effort to help solve what it calls the Transportation Paradox: "No car, no job; no job, no car." The economic development nonprofit has created what it's calling the Paradox Prize to reward ideas that help Northeast Ohioans stranded economically by geography connect to open job positions. Using a web portal which opened June 3, the organization is soliciting ideas to help more people access or keep high-quality jobs. Unfavorable land-use patterns and the outmigration of jobs, the organization said, have contributed to a spatial mismatch that makes it difficult, if not impossible, for some people to find or keep a job. Most jobs now require employees to have a car. Without a car, they face a commute by public transit that can be as long as three hours a day or significantly limited, often lower-paying, employment options. "Too many residents find themselves stuck in an intractable scenario," said Bethia Burke, vice president of the fund, in a press release. "No car, no job; no job, no car."

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FUNDRAISING,NONPROFIT TECHNOLOGY

FrontFundr raises over $140 million for more than 100 campaigns and launches new fundraising campaign

FrontFundr | September 22, 2022

FrontFundr, Canada’s leading equity crowdfunding platform, announced a significant growth milestone today—the company has surpassed 100 successful closes and processed over $150 million in investments for startups in Canada. To mark this momentous occasion, FrontFundr also launched its own fundraising campaign today, giving everyone the opportunity to invest in the platform itself. Equity crowdfunding allows anyone to invest in private companies and provides an alternative way for companies across a range of funding stages to raise capital. Since launching in 2015, FrontFundr has become the leading platform to invest in the growth of Canada’s most exciting startups and growth stage companies regardless of whether you are a beginner or a seasoned investor. Today’s milestone announcement comes at a time when many Canadians are feeling the pressures of inflation, rising costs and uncertainty in public markets. As wallets and traditional investments dwindle, investing in the private markets are becoming more attractive. They enable people, small and larger investors, to participate in early-stage investment opportunities that could potentially generate high returns while being mostly sheltered from external pressures like market volatility. When someone invests through FrontFundr, the return on those investments are driven by the success of the company, rather than public market sentiment. People can invest in companies they believe in and align with their values and interests. Some companies who have had campaigns on FrontFundr include CAARY, Manzil, Joni, Tiptap and Ecologyst. FrontFundr experienced strong business growth over the summer months and delivered several record results: The platform reached the same number of successful closes in the month of August, as in its entire previous record quarter: 5.5x the number of successful closes of the previous month and 117% higher than the same previous year-to-date period Investor activity increased by 25% quarter-over-quarter in 2022 Revenue increased by 94% quarter-over-quarter in 2022 (almost double from the previous calendar year) “We’re incredibly excited to see equity crowdfunding succeeding here in Canada and poised to go mainstream as we’ve seen in other countries Now that we’ve surpassed 100 successful raises on our platform, we see FrontFundr becoming the go-to platform for people to invest in Canada’s innovation economy while providing promising Canadian private companies access to capital from the public — and this is only the beginning.” -Peter-Paul Van Hoeken, Founder and CEO of FrontFundr. FrontFundr also announced the launch of its own fundraising campaign on the platform today. By listing itself on the marketplace, people have the unique opportunity to directly invest in the Canadian startup ecosystem. The campaign is now open to the public, and anyone can make an investment until Friday, November 4th, 2022. About FrontFundr: FrontFundr is Canada’s leading online private markets investing platform and an exempt market dealer. It provides startups and growth companies access to capital, and gives investors access to private companies they believe in and want to support. With a community of over 30,000 users, FrontFundr gives everyday investors the chance to review and complete private placements on one digital platform. The company’s revolutionary technology allows Canadians to invest in innovative growth businesses in under 12 minutes, starting from as little as $250.

Read More

Feenix: A crowdfunding initiative for university students in debt

The Citizen | July 22, 2019

Statistics from the United Nations Educational Scientific Cultural Organisation (Unesco) have revealed that only 23% of science, technology, engineering, mathematics (Stem) talent is female, which is something a South African crowdfunding startup is working toward changing. The UN’s findings have been supported by reports that indicate that the male to female Stem graduate ratio in South Africa is as imbalanced as it is in the rest of the world, according to Feenix. According to Leana de Beer, chief operating officer at Feenix, the aim of the organisation is to connect communities in a bid to promote a world in which debt-free education is more than just a dream.

Read More

Economic development nonprofit offering prizes for transportation solutions

Crain's Cleveland | June 03, 2019

The Fund for Our Economic Future is putting $1 million behind an effort to help solve what it calls the Transportation Paradox: "No car, no job; no job, no car." The economic development nonprofit has created what it's calling the Paradox Prize to reward ideas that help Northeast Ohioans stranded economically by geography connect to open job positions. Using a web portal which opened June 3, the organization is soliciting ideas to help more people access or keep high-quality jobs. Unfavorable land-use patterns and the outmigration of jobs, the organization said, have contributed to a spatial mismatch that makes it difficult, if not impossible, for some people to find or keep a job. Most jobs now require employees to have a car. Without a car, they face a commute by public transit that can be as long as three hours a day or significantly limited, often lower-paying, employment options. "Too many residents find themselves stuck in an intractable scenario," said Bethia Burke, vice president of the fund, in a press release. "No car, no job; no job, no car."

Read More

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