CCS Fundraising | May 25, 2022
CCS Fundraising announced today that it has received an investment from Abry Partners to accelerate the company's rapid growth. Terms of the investment were not disclosed.
Headquartered in New York, with offices around the globe, CCS Fundraising is the world's leading fundraising consulting firm. For 75 years, CCS Fundraising has empowered nonprofit organizations across all sectors in their efforts to advance critical causes. As a firm of experts in fundraising campaigns and philanthropic strategy, CCS plans and implements initiatives that help nonprofit organizations strengthen their impact locally, nationally, and globally.
CCS announced today that it has received an investment from Abry Partners to accelerate the company's rapid growth.
"This partnership will allow CCS to enhance all aspects of our business – from growing the impact we have on every client to strengthening the professional home we build for our employees," said Jon Kane, CEO of CCS Fundraising. "This investment means we can think expansively about our work and how we best serve clients, including investing more aggressively in technology and data analytics, pursuing new markets, and building stronger talent management and professional services capabilities. We are incredibly proud of the depth and breadth of the work that CCS has accomplished over the last 75 years. This investment is a testament to the caliber of that work and will help us to build on that track record in the years and decades to come."
"At CCS, our clients are central to our mission and ethos. We exist to ensure they are able to continue advancing their work – whether that's enhancing higher education, ensuring excellent healthcare, preserving arts and cultural institutions, strengthening faith-based organizations, or beyond," said Rick Happy, Chairman of CCS Fundraising. "This investment gives us additional tools and resources to continue to provide our clients with exceptional services and bolsters our ability to continue hiring best-in-class professionals committed to delivering transformational change for nonprofits."
We are excited to partner with the market leader in the not-for-profit fundraising services sector. The Company's established client base of leading global nonprofits, universities and health systems is a testament to the skill with which CCS delivers its mission-critical services. We look forward to working closely with management to help build value in this next leg of the journey."
Tyler Wick, Partner at Abry Partners
William Blair & Company served as financial advisor and Shearman & Sterling LLP served as legal advisor to CCS Fundraising. BrightTower served as financial advisor and Kirkland & Ellis LLP served as legal advisor to Abry Partners.
About CCS Fundraising
CCS Fundraising is a strategic consulting firm that has partnered with nonprofits for transformational change for 75 years. CCS Fundraising provides a wide range of services that support and strengthen nonprofit fundraising programs, including campaign management, strategic planning, data analytics, and major gift strategy. The firm's experts, skilled in campaign and development strategy, work closely with organizations of all sizes across nonprofit sectors and geographies.
About Abry Partners
Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5 billion of capital across its active funds.
Givesmart | June 10, 2022
GiveSmart by Community Brands, the industry's premier fundraising software for NGOs and schools, recently presented findings from a recent research study on the state of technology and fundraising. The findings revealed that organizations have a lot of room to improve the donor experience and better help their personnel with technology adoption.
In January and February 2022, Community Brands partnered with FINN Partners to poll over 500 charity fundraising and development professionals about technology adoption and use, as well as its influence on giving and the donor experience. Development directors, special event senior staff, executive directors, and volunteer managers were among the respondents. The findings of the study look at how organizations are meeting their financial goals, responding to donor preferences, and how their tools hinder or empower them.
The importance of developing technology and its impact on organizations and schools were among the key results of the study. Only one in five organizations believe their present technology can satisfy their future demands, according to more than three-quarters of respondents. Furthermore, firms with efficient technology are better able to accommodate changing needs and achieve greater stability and overall performance, whereas inefficient organizations rely more on inherited technology and redundant tools.
Technology, according to 95% of respondents, will be critical in attaining their 2022 fundraising targets. Nine out of ten respondents who work for nonprofits or schools that utilize technology early say they have a better understanding of their supporters.
Organizational success and employee happiness gain from using fewer solutions to fulfill broader objectives. Eight out of 10 fundraisers use two or more technologies to suit their demands, while nine out of ten want a single system of record to handle everything.
Our research shows a correlation between modern technology, successful fundraising, and organizational efficiency. Nonprofits expect to grow and those that adopt modern technology solutions have more stability and achieve greater success. Providing staff with modern tools will benefit the donor experience and enhance fundraising capabilities, which in turn, allows organizations a better path to serving their mission and reaching their goals."
Steve Greanias, GiveSmart General Manager
In the categories of Nonprofit Fundraising, Event Management, Virtual Event, and Donor Management, GiveSmart just received TrustRadius Top Rated honors. Community Brands announced in the spring that GiveSmart, MobileCause, and SimplyFundraising CRM would be combined into one powerful fundraising management platform. The three best-in-class fundraising tools will help modern schools and nonprofits succeed, develop their missions, and attract more donors.
Meet For Impact | May 24, 2022
The Meet For Impact platform is set to raise funds in its next seed round to expand into new international markets. The online social fundraising auctions platform opens offices in the USA, the UK, the UAE, and Kazakhstan. Launched in 2016 as Meet for Charity, the platform quickly became one of the most well-known tech impact projects in Eastern Europe and has already crowdfunded over $3 million dollars for over 120 charities. Structured as a LLC, the initiative stands out in the philanthropic landscape because of its fully self-sustainable nature, which also heightens its appeal for venture capital. To mark a broader focus and align with the new goals of the platform, it was rebranded as Meet for Impact.
We have closely monitored the growth of Meet for Impact and feel that it has huge potential to transform the way donations are being made worldwide."
Alex Menn, Partner at Begin Capital
"Meet for Impact platform is perhaps the best demonstration of the fact that impact-focused philanthropic startups can be relevant for the venture capital space."- Roman Gold, Managing Partner at Venture Israel.
Meet for Impact offers a completely novel technological approach to fundraising and philanthropy. Daily, the platform auctions off meetings with prominent business owners, media personalities, cultural opinion leaders, politicians, and top athletes, as well as unique experiences.
"So far, our charity network has comprised over 120 charity foundations with over 3000 meetings auctioned off. Now we want to extend our expertise into other markets. In the context of thousands of people in need, we see it as our duty and mission to help as many people and causes as possible with our crowdfunding model. Our goal is to make contributing to worthy causes a seamless and enjoyable part of everyday life and foster enthusiasm for giving, which we believe is key," - Olga Fler, international philanthropist and founder of the project comments on the expansion plans.
The unique nature of Meet For Impact lies both in the smart use of tech and in turning donating to charity into an experience for all the parties involved. Each auction runs for 7 days and supports a specific charity. People bid for the lot and the highest bidder at the end of the online auction wins the meeting with the guest of the auction - the lot. After they've made the payment for the lot, the platform keeps a small transaction fee to reinvest into marketing and product development. Meet For Impact is a win-win solution bringing value to everyone involved - the charity, the auction guest and the winning bidder. With Meet For Impact, you don't just donate; you take part in and benefit from inspiring interactions with outstanding people. Meet for Impact lives by the motto "every meeting matters" and can help change more than just one life. With this in mind, the goal of the global expansion is to systematically develop philanthropy all over the world by bringing the innovative tools and creative solutions that take charitable giving to a new level and make it a seamless part of everyone's daily routine to other countries.