NONPROFIT MANAGEMENT

The US LBM Foundation Supports Veteran Organizations Nationwide

The US LBM Foundation | November 12, 2020

The US LBM Foundation, a nonprofit organization founded by leading specialty building materials distributor US LBM, has donated more than $75,000 to veteran organizations this year in support of mortgage-free and specially adapted smart homes for injured veterans. "The work of Operation Finally Home and the Gary Sinise Foundation address two critical areas that are at the heart of the US LBM Foundation's mission: honoring our veterans and providing housing to those in need," said US LBM Foundation Chairman and US LBM President and CEO L.T. Gibson. "It is our honor to provide both funds and discounted building materials toward building homes for our wounded heroes."

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Spotlight

What is the relationship between charitable donations and financial strategies and when does it make sense to donate money rather than keep it? The Ultimate Fiscal Goal Of Charitable Donations. Reduce your taxable income, Two Types Of Charitable Donations, Cash Donating money to a qualified organization.

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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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NONPROFIT TECHNOLOGY

Sionic Introduces Real-Time, Bank-to-Bank Donations for Nonprofits

Sionic | July 08, 2022

Sionic, a leading provider of omni-commerce, consumer-to-business payments solutions, today announced it is releasing online and mobile widgets to accept real-time, bank-to-bank digital donations, enabling instant, lower-cost cash deposits from donors to nonprofits. The service enables nonprofit organizations to receive direct deposit, one-time or recurring donations while bypassing expensive credit card swipe fees and providing immediate access to funds. Previously, Sionic successfully facilitated digital donations for nonprofits via its Shop2Give mobile app and platform. Building on this experience, Sionic is now the first provider to offer nonprofits the ability to accept real-time payments (RTP) for donations. The company is aligning with top financial institutions, payments processors and eCommerce providers to bring Pay-by-Bank to the checkout experience. “Sionic is leveraging its rich history of creating practical and meaningful fundraising solutions for the nonprofit community, Delivering direct cash deposits from donors to nonprofits’ bank accounts while bypassing expensive card swipe fees is a win-win for both parties.” William C. Brown, Chief Marketing Officer for Sionic Sionic is also offering a “Bundled Payments” package, enabling nonprofits to access both Pay-by-Bank and Pay-by-Card widgets, consolidating all donations within a single platform. Sionic will securely process all card payments through Cybersource®, a Visa solution, and bank payments through The RTP Network®. About Sionic Atlanta-based Sionic is leading The Great Reallocation in digital payments by delivering instant bank-to-bank transfers from consumers to merchants. Sionic's market first, ULink™, is bringing real-time direct deposits to the point of sale via mobile, online, in-store, or in-vehicle experiences. The company has partnered with top financial institution owners of The RTP Network for bank payments and CyberSource, a Visa solution, for secure card payment processing. Merchants accepting real-time payments bypass expensive card swipe fees and receive POS cash deposits immediately. Consumers receive special perks for paying with their bank accounts.

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FUNDRAISING,NONPROFIT TECHNOLOGY

American Water Raises $180,000 for Water For People in Fundraising Campaign

Water For People | September 09, 2022

American Water (NYSE: AWK), the largest publicly-traded U.S. water and wastewater utility company, announced today the company raised $180,000 to support Water For People, an international nonprofit organization dedicated to providing access to improved water and sanitation systems and services in developing countries. "We are proud of our partnership with Water For People and their tremendous work in securing quality water and health resources for those who urgently need it, The amazing support from our generous employees highlights our commitment to providing essential water and wastewater services to the local communities we serve and throughout the world.” -Cheryl Norton, executive vice president and chief operating officer, and executive sponsor for this year’s campaign, American Water. A key contributor to this year's Water For People campaign was the American Water Charitable Foundation, which donated $50,000 towards the company's annual campaign. Additional contributions came from employees across the country through donations and fundraising events that help advance the non-profit organization’s mission of promoting the development of high-quality drinking water and sanitation services, sustained by strong communities, businesses and governments. American Water's support of Water For People is part of the company’s environmental, social and governance (ESG) commitment through active community engagement as well as civil and charitable involvement. For more than a decade, American Water and its employees have supported Water For People, donating more than $3 million to its life-changing work. In addition to the fundraising campaign, Tennessee American Water Executive Assistant Kathryn Robinson and New Jersey American Water’s Jerry Kodopidis, Health & Safety Specialist, were both recognized with the Kenneth J. Miller Founders' Award from Water For People. Established in 2001, the award honors outstanding volunteers for their service and leadership in the advancement of Water For People’s mission. About American Water: With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs approximately 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to an estimated 14 million people in 24 states. American Water provides safe, clean, affordable, and reliable water services to our customers to help keep their lives flowing.

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