New Sector Alliance

Nonprofit Technology, Philanthropy

PR Newswire | May 18, 2023

Bank of America today announced it has awarded a $3 million grant to the Obama Foundation to support its workforce development and community support initiatives, both of which are tied closely to the forthcoming Obama Presidential Center on Chicago's South Side. Funding from Bank of America, to be delivered over three years, is already at work supporting the Foundation's ambitious workforce development goals, which include eliminating barriers to entry and creating oppor...

Nonprofit Management

Impact Shares | August 28, 2021

Impact Shares, the first non-profit ETF sponsor in the U.S., celebrates the three-year anniversary of the Impact Shares YWCA Women’s Empowerment ETF. Backed by the YWCA, WOMN allows investors to deploy capital to companies with strong policies and practices in support of women’s empowerment and gender equality. Since its inception on August 24, 2018, WOMN has generated a 25.08% annualized total return, placing it within the top percentile of the 1,256 funds in Morningstar&rsqu...

Nonprofit Management

GoFundMe | June 29, 2022

GoFundMe, the trusted leader in online fundraising, announced that Greg Mrva is joining the company as Chief Financial Officer. Greg has over 25 years of experience building finance, strategy and operating teams at leading technology companies and leading investment banking teams advising global technology businesses. He will be responsible for leading GoFundMe’s finance, accounting, business operations and corporate development functions which includes Classy, a leading software platform ...

Financial Management

The Council for Adult and Experiential Learning (CAEL); Truist Foundation | May 09, 2022

The Council for Adult and Experiential Learning (CAEL), a nonprofit organization helping adult learners navigate on- and off-ramps between education and employment, announced it has been awarded a $15.7 million grant from Truist Foundation. The CAEL and Truist Foundation partnership encompasses a six-year multicity initiative that prioritizes Black, Indigenous, and persons of color (BIPOC) as well as underserved communities by building career paths in professions and industries historically unav...