Nonprofit Finance Fund | June 30, 2022
Nonprofit Finance Fund is thrilled to announce Aisha Benson as its next CEO and President.
Benson, a leader with a substantial track record advancing racial equity in community development finance, was selected after an extensive nationwide search and brings exceptional industry expertise, deep networks, and a passion for social justice to the position. She will be NFF's third permanent CEO and President in its 42-year history.
Aisha is the right leader at the right time to support NFF's efforts to help mission-driven organizations achieve communities' aspirations. Her vision, experience and relationships are an exciting match as NFF continues its tremendous growth."
Henry A. J. Ramos, NFF Board Chair
Benson will start on August 8, and will be based in New York. She joins NFF from TruFund Financial Services, where as Executive Vice President and COO she was instrumental in developing strategy, securing new business, fundraising, and overseeing lending and tax credit services.
Benson serves on several key industry boards, including the Opportunity Finance Network, NMTC Coalition (Board Chair) and New York CDFI Coalition (founding member and Vice President). She also serves on the advisory boards of the Community Development Entities of US Bank and Coastal Enterprises.
"NFF has earned a reputation for challenging status-quo finance and philanthropy and advocating for the nonprofits we rely on for so much," said Benson. "I look forward to leveraging my industry expertise and lived experience to further hone NFF's strategy and approach to integrating the flow of capital and advisory services in ways that maximize community collaboration and create transformational, sustainable outcomes for communities of color."
Benson takes the helm from NFF interim CEO and President Trella Walker, who along with Executive Transition Team colleagues Kristin Giantris and Andrea Briscoe has been leading NFF since June 2021 when longtime CEO Antony Bugg-Levine announced his planned departure.
Over the past ten years, NFF has increased its loan portfolio by 400 percent, built a diverse team with a broad range of expertise, and accrued $54 million in net assets without donor restrictions (as of Dec. 2021) to invest in its mission. Recent initiatives including the Strategic Innovation Fund, COVID-19 recovery zero-interest loan funds, the State of the Nonprofit Sector Survey, and Rising Together exemplify NFF's commitment to using its assets and resources in service of community-based nonprofits, particularly those led by and serving people of color.
As Walker moves on from NFF she will continue her longstanding consulting practice focused on strategy and impact, organizational change management, and DEI (diversity, equity, inclusion) and belonging—all areas of deep expertise she drew on to help NFF navigate a season of transition.
"It has been a true honor to help move NFF forward by strengthening our ability to serve communities of color with staff and resources aligned with our strategy and now Aisha can advance our commitment with great fervor and fortitude," said Walker. "I am excited to see NFF's next chapter."
"We are deeply grateful to Trella and the Executive Transition Team for skillfully guiding NFF in bold pursuit of its strategy, and know that other mission-driven organizations will benefit from her sage counsel," said Ramos. "To be in such a strong position, especially amid more global changes in our field and in the world, is a testament to the skill and determination of this team in service of NFF's mission."
Benson was selected as part of a comprehensive, nationwide search led by NPAG in partnership with NFF's board.
About Nonprofit Finance Fund
Nonprofit Finance Fund (NFF) is a nonprofit lender, consultant, and advocate. For more than 40 years, we've worked to strengthen nonprofit organizations and improve the way money flows to social good. We believe that alongside others we must build a more equitable and just social sector, and are committed to helping community-centered organizations led by and serving people of color access the money and resources they need to realize their communities' aspirations.
AAA-ICDR Foundation | June 10, 2022
The American Arbitration Association-International Centre for Dispute Resolution Foundation® (AAA-ICDR Foundation) has issued a request for proposals from nonprofit and community organizations to receive grants in 2023. The Foundation encourages applications to support projects that meet its areas of focus in next year's grant cycle.
The AAA-ICDR Foundation is now accepting grant proposals seeking between $50,000 and $250,000 for programs addressing any of the 2023 grant cycle's priorities:
Bridge Community Conflict with a focus on civil discourse seeking to mend societal divisions.
Prevent and Reduce Violence with a focus on vulnerable and underserved communities and police/social service partnerships.
Support Diversity, Equity, and Inclusion with a focus on access to justice.
The deadline for interested organizations to submit preliminary applications is September 9, 2022. A limited number of applicants will be selected by the AAA-ICDR Foundation to draft more extensive proposals.
Our considered approach to selecting the projects we support is crucial for ensuring that we maximize the impact we can make in communities across the country. Constructive dialogue and other methods of alternative dispute resolution can do so much good when they are used to address longstanding community and societal divisions, and inequities. We look forward to receiving and reviewing grant applications from programs that harness the principles and processes of ADR to bring communities together to tackle issues of urgency both in the Unites States and abroad."
India Johnson, President and CEO of the AAA-ICDR
The AAA-ICDR Foundation has awarded more than $3.75 million since its inception in 2015. The Foundation's 2021 Annual Report, which includes more information about its mission and the grants it has funded, can be viewed here.
About the AAA-ICDR Foundation
The American Arbitration Association-International Centre for Dispute Resolution Foundation (AAA-ICDR Foundation) is a 501(c)(3) not-for-profit organization that is able to solicit donations and provide grants to fund a range of worthy causes that promote the Foundation's wide-reaching mission, which is to support the prevention and resolution of conflicts by expanding access to alternative dispute resolution.
Its priorities includes fostering measures that prevent and reduce violence, bridge community conflict, and support diversity, equity, and inclusion with a focus on access to justice.
The Foundation is not involved in any way in the oversight, administration or decision making of the AAA-ICDR® cases or in the maintenance of the AAA-ICDR's various rosters of arbitrators and mediators.
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 for nonprofits. Greg will join the company’s executive team and will report to CEO Tim Cadogan. He will play an instrumental role in advancing the company’s vision of becoming the most helpful place on earth.
Most recently, Greg was the President of TPG Pace Tech Opportunities, where he led the organization's successful business combination with Nerdy Inc. Prior to TPG Pace Tech Opportunities, Greg was the CFO of StubHub where he sat on both the StubHub and eBay finance leadership teams and was responsible for financial planning, accounting, analysis, operations, management, and strategy. Greg has also held leadership positions at Morgan Stanley, Barclays and Yahoo!.
The focus and experience Greg brings to our leadership team will be invaluable as we scale our business, expand into adjacent markets, and continue to build industry-leading tools to help people help each other. Greg’s mix of financial, strategic and operating expertise will be essential as we accelerate growth globally across both GoFundMe and Classy.”
Tim Cadogan,GoFundMe CEO
“GoFundMe is a unique technology company as people rely on the power of its platform and global community during life’s most pressing moments and to provide support to each other during nearly every world event,” said Greg Mrva. “I’m thrilled to join a company that has become a household name for providing a trusted and efficient way for people to help each other and their communities as well as providing nonprofit organizations with mission critical software to unlock giving.”
Mrva joins GoFundMe during a period of sustained momentum. In May, the company announced that it completed the acquisition of Classy, the leading nonprofit fundraising software company. The acquisition creates a global leader in modern giving across B2C and B2B, unlocking new opportunities to service the nearly $500 billion U.S. philanthropic market and reach more people and organizations across the world.
Since 2010, GoFundMe has become a trusted global leader in online fundraising, helping to raise and deliver more than $17 billion from over 200 million donations. Our vision is to become the most helpful place in the world. In 2022, GoFundMe acquired Classy, which has helped nonprofits mobilize and empower the world for good by helping them raise $4 billion on its platform since 2011.
American Water Charitable Foundation | June 13, 2022
The American Water Charitable Foundation, a 501(c)3 organization established by American Water, the largest publicly traded U.S. water and wastewater utility company, announces last call for Water and Environment grant applications with a submission deadline of June 30, 2022.
The Water and Environment grant opportunity, part of the Foundation’s Keep Communities Flowing Grant Program, supports projects or programs focused on clean water, conservation, environmental education, climate variability and water-based recreation projects, including splashpads. Eligible organizations can apply here.
The American Water Charitable Foundation’s Keep Communities Flowing Grant Program supports impactful initiatives and programs throughout American Water’s national footprint. The Water and the Environment grant will fund efforts focused on our core passion – water – while engaging community members in learning how every drop counts.”
Carrie Williams, president of the American Water Charitable Foundation
The Keep Communities Flowing Grant Program focuses on three pillars of giving: Water, People and Communities. Within these pillars, three new grant opportunities will be available to eligible non-profit organizations throughout the year. Each grant cycle will be open for approximately 90 days. In addition to the Water and Environment grant, a Workforce Readiness grant opportunity will launch in July 2022 followed by STEM Education in October 2022.
Since 2012, the American Water Charitable Foundation has invested more than $9 million in funding through grants and matching gifts that are important to our employees and positively impacting our communities.
About American Water
With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 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.
American Water Charitable Foundation
The American Water Charitable Foundation is a 501(c)(3) nonprofit organization that provides a formal way to demonstrate the company’s ongoing commitment to be a good neighbor, citizen, and contributor to the communities where American Water and its employees live, work and operate.