Microsoft to Disperse $20 Million in Grants to Nonprofits for Skills Training

Microsoft | July 01, 2020

The COVID-19 pandemic has had an almost immeasurable negative impact on the wider economy. Specifically in the job market, there have been millions of job losses, and in the U.S. alone unemployment numbers like these have not been seen since the Great Depression. Now, tech companies are slowly stepping up to try to address the crisis, and the latest development on that front comes from Microsoft. The company today announced a wide-ranging, global portal for free skills training for people who are out of work. Alongside that, Microsoft  said it plans to disperse $20 million in grants to nonprofit organizations that are working to help those who have lost jobs due to COVID-19 and subsequent shifts in the economy, and with a specific emphasis on those that are working with groups that are underrepresented in the tech world.

Spotlight

Instilling strong leadership qualities in yourself and your team can have a big impact on how your organization operates. Remarkable leaders inspire their staff and create a culture of respect and empowerment in the workplace. According to one study, 74 percent of employees with good managers feel empowered to be a leader in their workplace. Great managers equip and motivate their employees to rise up to challenges and achieve optimal results. Of course, good leadership is also a key to employee satisfaction. In fact, a recent study found that 65 percent of people would rather have a better boss than a salary increase. But to reap the benefits of great leadership you need to know what qualities to look for in new hires and encourage in existing leaders.

Spotlight

Instilling strong leadership qualities in yourself and your team can have a big impact on how your organization operates. Remarkable leaders inspire their staff and create a culture of respect and empowerment in the workplace. According to one study, 74 percent of employees with good managers feel empowered to be a leader in their workplace. Great managers equip and motivate their employees to rise up to challenges and achieve optimal results. Of course, good leadership is also a key to employee satisfaction. In fact, a recent study found that 65 percent of people would rather have a better boss than a salary increase. But to reap the benefits of great leadership you need to know what qualities to look for in new hires and encourage in existing leaders.

Related News

NONPROFIT TECHNOLOGY

CD&R Foundation Makes Inaugural Grants to Non-Profit Organizations

Clayton, Dubilier & Rice | June 15, 2022

Clayton Dubilier & Rice announced that the CD&R Foundation, which launched last year to meaningfully expand the Firm's philanthropic, service, and educational efforts, has made inaugural grants totaling approximately $3 million to nine non-profit organizations in New York City. These diverse organizations, identified as CD&R's Talent Solution Partners (TSP), align with the Foundation's goal of supporting "Equity through Opportunity" by offering underserved and underestimated talent in CD&R's local communities access to job training, high-quality jobs, and ongoing professional development opportunities throughout their career journey. Each organization focuses on the Foundation's key levers for change, which include: Equity: Promoting equitable access to employment and advancement that is inclusive of all facets of diversity—with a focus on historically excluded talent Growth: Supporting economic growth efforts in CD&R's two local communities – New York City and London Skills: Strengthening and amplifying best-in-class job skills training and upskilling practices for underserved and underestimated talent across industries Systems: Building capacity and filling gaps in the local workforce development ecosystem to increase opportunity pathways and eliminate barriers faced by marginalized communities CD&R will work alongside the TSPs to strengthen these efforts throughout New York City. CD&R recognizes that the pool of talent in our communities is overflowing, but their access to opportunity is shallow. These nine non-profit organizations were selected based on a myriad of factors, including their vision/mission, leadership, and commitment to an equitable future. These represent some of the traits and goals that we believe are critical to creating greater economic opportunity and employment for people of all backgrounds. Moving forward, we look forward to continuing to identify other potential partners that share our mission and values." Randy Moore, President of the CD&R Foundation "Over the past 44 years, CD&R has built a reputation for driving positive impact and innovation throughout our portfolio and in our local communities," said Don Gogel, Chairman of both CD&R and the CD&R Foundation. "The CD&R Foundation meaningfully expands these efforts, and we look forward to working with our TSPs to move the needle on inclusive employment and advancement practices." Braven: Its mission is to empower promising, underrepresented young people with the skills, confidence, experiences, and networks necessary to transition from college to strong first jobs. The City University of New York: The largest public urban university in the country, serving 260,000 degree seeking students and 185,000 continuing education students. The CUNY Office of Careers and Industry Partnerships sits at the intersection of industry and higher education, building partnerships between employers and the university to align CUNY's academic preparation with in-demand jobs in growth industries. Genesys Works: This organization provides pathways to career success for high school students in underserved communities through skills training, meaningful work experiences, and impactful relationships. Grace Institute: The institute empowers low-income women in the New York area to achieve employment and economic self-sufficiency by providing job-skills training, counseling, placement services and continuous learning opportunities. Henry Street Settlement: The organization's mission is to create opportunity for Lower East Side residents and other New Yorkers with over 50 programs located in 18 program sites across four core divisions, including employment and education. The Marcy Lab School: This institution provides free technical training, leadership development, and direct access to high-growth technology careers for young adults from underestimated backgrounds.  Per Scholas: Its mission is to advance economic equity through rigorous training for tech careers and to connect skilled underrepresented talent to leading businesses. STRIVE: A nonprofit agency headquartered in East Harlem that provides a pathway to life-changing careers and opportunities through comprehensive professional training, intensive personal support and self-empowerment for those who face societal barriers to advancement. Upwardly Global: Its mission is to eliminate employment barriers for immigrant and refugee professionals and advance the inclusion of their skills into the U.S. economy through innovative skill-building and networking programs. About Clayton, Dubilier & Rice Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses primarily in five industry sectors, including Industrials, Healthcare, Consumer, Technology and Financial Services. The CD&R Foundation was established with the goal of enabling "Equity through Opportunity" by strengthening the workforce development ecosystem at the local community, portfolio network, and employer level.

Read More

NONPROFIT TECHNOLOGY

Ren and the Giving Block Collaborates to Launch Country's First Donor-advised Funds

The Giving Block | June 09, 2022

Ren, North America's leading independent philanthropic solutions provider, and The Giving Block, the leading Crypto Philanthropy platform connecting nonprofits with crypto donors, have announced the launch of one of the country's first donor-advised funds, which will let donors invest a portion of their cryptocurrency donations. At Consensus 2022, the largest and longest-running crypto festival in the world, which took place June 9–12 at the Austin Convention Center in Austin, Texas, booth #529 promoted general availability. Until now, bitcoin could be received by donor-advised funds, which are giving accounts where contributors donate assets and recommend contributions to qualifying charities, but the crypto was liquidated as soon as it arrived. The Giving Block's platform, which allows charities to accept cryptocurrency, is combined with a donor-advised fund through Renaissance Charitable Foundation Inc. (RCF), a public charity. Crypto will play an ever-growing role in the changing philanthropic landscape – and this new donor-advised fund offering, an industry first, stands as a game-changer in the crypto world just as it does for non-profits." Kelly Palmer, EVP of Strategic Growth Operations at Ren Kelly further added, "We are honored to work with a fellow driver for good such as The Giving Block to bring an entirely new way to not only leave a legacy but recognize an immediate tax deduction. By investing crypto in a donor-advised fund, you can further organize your philanthropy and even recommend grants anonymously while also giving your heirs the ability to make future grant recommendations."

Read More

FUNDRAISING

DipJar Announces DipJar Online, Extending DipJar's Leadership in in-person Fundraising to Online and Mobile Channels

DipJar | June 24, 2022

DipJar, a giving technology platform, announced the Early Access release of DipJar Online, which will enable nonprofit organizations to create goal-driven, campaign-based fundraising initiatives that facilitate multi-channel donor engagement. The new software builds on DipJar's leadership in in-person fundraising to enable more robust and flexible fundraising. New and existing customers can sign up for early access here. DipJar Online builds on DipJar's campaign-focused giving capabilities, providing the ability to run multiple customized campaigns and the ability to access and use donor data more effectively. The result is an integrated approach to online fundraising that is a perfect complement to DipJar's iconic devices, which are in place at more than 5,500 organizations across the United States. DipJar Online is a natural extension of our mission: to make fundraising as easy as possible for our nonprofit customers. DipJar Online allows our non-profit customers to provide donors the same simple and fun experience whether they're donating in-person at the DipJar, using their phone, or online. The initial feedback from testers has been overwhelmingly positive and we're excited to roll it out to our customer base - and beyond." Chris Selland, DipJar CEO "DipJar devices and staff have added so much value to our organization, so we're thrilled to take advantage of DipJar Online during the Early Access program. The devices have been such a fun addition to our events, but DipJar Online will allow us to offer that same experience to our virtual audience," Stephanie Scoletti, MSW, Executive Director, Young Adult Survivors United. Key features of DipJar Online include: Campaign-focused giving that show donors why their donations are needed Goal-driven fundraising that gamifies giving by showing donors the immediate impact of their donation Multiple campaigns provide the flexibility to fundraise for a number of initiatives at once Integration with DipJar devices extends campaigns beyond a physical location and counts contributions made via DipJars or DipJar online toward the same goal Enhanced donor data collection that fuels closer donor connections and support Affordable pricing "By necessity, fundraising has become a more flexible function for most nonprofits," said Selland, "and by pairing robust online and offline capabilities, DipJar is helping thousands of organizations - and the communities they serve." About DipJar DipJar is changing the fundraising game with a connected, cashless donation jar and an integrated payments platform that enables joyful, engaging, and frictionless giving. With DipJar, organizations of any size can collect donations anywhere and "Create More Giving Moments."

Read More