Notre Dame to Receive $100 Million Bequest From Alumnus

Philanthropy News Digest | October 26, 2017

The University of Notre Dame has announced a $100 million commitment from alumnus ('78) and trustee Kenn Ricci and his wife, Pamela.The single largest unrestricted gift in the university's history is being made through a philanthropic succession partnership, a giving structure developed by Ricci, the founder of Directional Aviation Capital, a holding company for aviation companies he has founded or acquired.

Spotlight

Content—and how brands use it to interact with buyers at all stages of the engagement journey—has fundamentally reshaped every business’ go-to-market strategy. This shift has been particularly challenging for “top-of-the-funnel” demand generation marketers, most of who are under tremendous pressure to produce results. One study found that 70% of marketers surveyed expect their demand generation budgets to increase in 2018, with one-third expecting them to increase by more than 20%.1 Of course, generating demand is the job of marketing writ large. Marketers make markets. They work to create groups of viable buyers where none existed before.

Spotlight

Content—and how brands use it to interact with buyers at all stages of the engagement journey—has fundamentally reshaped every business’ go-to-market strategy. This shift has been particularly challenging for “top-of-the-funnel” demand generation marketers, most of who are under tremendous pressure to produce results. One study found that 70% of marketers surveyed expect their demand generation budgets to increase in 2018, with one-third expecting them to increase by more than 20%.1 Of course, generating demand is the job of marketing writ large. Marketers make markets. They work to create groups of viable buyers where none existed before.

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NONPROFIT MANAGEMENT

MassMutual Foundation Honors Dedication of Financial Professionals With $275,000 in Grants to Nonprofit Organizations for 25th Year

MassMutual | July 11, 2022

The MassMutual Foundation has awarded $275,000 to eligible nonprofit organizations through its annual Community Service Awards (CSA) program. These charitable contributions – which include two $25,000 awards, fifteen $10,000 awards, and fifteen $5,000 awards – are given in honor of financial professionals who demonstrate outstanding commitment to nonprofit organizations in their local communities. This year marks the 25th anniversary of the CSA program. “In 2021, participating financial professionals in our CSA program donated more than 15,000 hours of service to nonprofit organizations across the country, We are proud to recognize these individuals who are making a difference in their communities and demonstrating what it means to live mutual through their volunteer efforts and dedication to the causes they support.” Dennis Duquette, president of the MassMutual Foundation This year’s two $25,000 CSA grants are being awarded to The Base in honor of John Navien with BayState Financial and the YMCA of Metropolitan Dallas in honor of Daniel Drabinski with BlueCrest Financial Alliances. The Base leverages youth sports to connect with urban young people around their passion point, and then engages them in robust academic, career, and wellness programming. The YMCA of Metropolitan Dallas’ mission is dedicated to strengthening the foundation of community. With a commitment to nurturing youth development, energizing healthy living, and inspiring social responsibility.

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FUNDRAISING,NONPROFIT TECHNOLOGY

Be The Match and William G. Pomeroy Foundation® Announce $500k Gift and Matching Campaign

Be The Match | September 14, 2022

In support of enhanced accessibility to life-saving stem cell transplants through the Be The Match® Registry, the William G. Pomeroy Foundation has made a $500,000 grant to Be The Match that will further the organization's partnerships at historically Black colleges and universities (HBCUs). The $500,000 gift will enable Be The Match to grow its partnerships at HBCUs with focused recruitment efforts, education, awareness and internship opportunities for students; all in pursuit of increased stem cell transplant accessibility for Black and African American patients. Six new campus partnerships have already been established as a result of this gift. "This generous gift from the Pomeroy Foundation is going to have a lasting impact on our ability to reach Black and African American communities and will make a difference for diverse patients in need of a donor." -Amy Ronneberg, Chief Executive Officer of Be The Match. In addition, the Pomeroy Foundation donation sponsors a gift matching campaign that will help to diversify the donor registry. The matching opportunity coincides with this year's observance of World Marrow Donor Day on Saturday, Sept. 17. Donations to Be The Match throughout the month of September will be matched dollar for dollar, up to $500,000. Visit this link to donate and have your gift matched. The doubled donation will give patients a greater chance of finding a match and a second chance at life. "Patients are most likely to match a donor of their own ethnic background, Improving the ethnic diversity of the registry improves all patients' odds of finding a life-saving match." -Bill Pomeroy, Founder and Trustee of the Pomeroy Foundation. Currently, the chance of having a matched, available donor on the registry ranges from 29-79%, with people of color less likely to find a match because fewer potential donors with diverse backgrounds are registered. In 2004, Bill Pomeroy was diagnosed with an aggressive form of leukemia. He received a life-saving transplant from a fully matched donor found on the Be The Match Registry in 2005. Bill's transplant experience served as a catalyst for the creation of the Pomeroy Foundation, which works closely with Be The Match to expand recruitment efforts, especially for ethnically diverse donors. Bill is Trustee Emeritus for the Be The Match® Foundation. About Be The Match®: Be The Match® is the leading global partner working to save lives through cellular therapy. With more than 30 years of experience managing the most diverse registry of potential unrelated blood stem cell donors and cord blood units in the world, Be The Match is a proven partner in providing cures to patients with life-threatening blood and marrow cancers and diseases. Through their global network, they connect centers and patients to their best cell therapy options, from blood stem cell transplant to next-generation therapy, and collaborate with cell and gene therapy companies to support therapy development and delivery through Be The Match BioTherapies®. About the Pomeroy Foundation: The William G. Pomeroy Foundation® is committed to supporting the celebration and preservation of community history; and working to improve the probability of finding appropriate donor matches or other life-saving treatments for blood cancer patients. Established by Trustee Bill Pomeroy in 2005 to bring together his two greatest passions, the Pomeroy Foundation is a private, philanthropic organization located in Syracuse, N.Y. As the nation's leading funder of historic roadside markers, the Pomeroy Foundation has awarded nearly 2,000 grants for markers and bronze plaques in 46 states and Washington, D.C.

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FUNDRAISING,NONPROFIT TECHNOLOGY,SOCIAL MOVEMENTS AND COMMUNITY

iWave and Givzey Announce Strategic Partnership to Power the Industry's First Give Now Pay Later (GNPL) Solution for Social Good

iWave | September 30, 2022

iWave, the nonprofit industry's top-rated fundraising intelligence solution, is excited to announce a partnership with Givzey, a flexible giving solution and the industry's first Give Now Pay Later solution for social good. Give Now Pay Later is a service that allows donors to split their payments over a small series of installments. Using flexible payments, donors can support their favorite cause by making an immediate and significant contribution without overburdening their budgets. Nonprofit organizations that offer this service can benefit by receiving the entire gift immediately, risk-free, and expect an overall increase in the average gift amount. Offering GNPL can also help nonprofits attract new donors who prefer this payment method. Integrating this service with fundraising intelligence from iWave enables nonprofits to make smarter, data-driven fundraising decisions. iWave transforms fundraising by delivering the most in-depth wealth and philanthropic data and insights on prospective donors, so nonprofits know who to ask, how much to ask for, and when to ask. By leveraging fundraising intelligence from iWave, Givzey uses artificial intelligence (AI) to enable nonprofits with real-time donor scoring for targeted asks from donors, maximizing fundraising efforts. "This innovative partnership will not only spur nonprofits to raise more money, but also accelerate social impact by providing more individuals the power to support their favorite cause, We're thrilled to work closely with Givzey to deliver another first-of-its-kind technology that will help nonprofits achieve significant improvements on fundraising outcomes and fuel their vision of creating a better world." -Ross Beattie, President and CEO iWave. Entire generations of donors have come of age in some sort of financial recession. Studies have shown that, as a result, households are more careful with discretionary spending —including philanthropic giving—than ever before. Givzey exists to empower donors to put their money where their values are through flexible giving solutions, like Give Now Pay Later, said Adam Martel, founder and CEO of Givzey. We are proud to partner with Ross Beattie and the entire iWave team. Together, we're taking a groundbreaking step to create philanthropists of all kinds who are able to give to charitable organizations in ways we've never seen before. About iWave: iWave, the industry's top-rated fundraising intelligence solution, enables nonprofit organizations to fundraise with confidence. In a new era of nonprofit fundraising, iWave solves critical challenges facing fundraising professionals today: how to identify, qualify, and retain donors to raise more gifts. iWave's intuitive and easy-to-use solutions give access to the industry's highest quality wealth and philanthropic information so you can determine who to ask, how much to ask for, and when to ask. Many of the largest education, healthcare, and nonprofit organizations in the World, rely on iWave to power their fundraising efforts. About Givzey: Givzey is a Boston-based, rapidly growing AI-enabled fintech company on a mission to revolutionize giving for donors and nonprofit organizations. Givzey's "Give Now, Pay Later" donation platform increases the giving power for millions of donors by offering interest-free installment plans at nonprofit organizations. When donors apply, credit scores aren't impacted, approval is instant, and the nonprofit receives its full donation upfront. Meanwhile, donors can split their gifts into four easy payments, turning gifts into subscriptions. This flexibility empowers donors to make the maximum impact that their budgets allow while nonprofits receive access to important funding immediately.

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