Cape Cod Foundation Distributes Over $3.6 Million in 2018

CapeCodToday.com | January 08, 2019

The Cape Cod Foundation has announced that its total grant and scholarship distributions for 2018 exceeded $3.6 million, bringing its total distributions since inception in 1989 to nearly $69 million.  The year-end total represents an increase of more than $200,000 compared to 2017. “We live in a very caring community,” said Kristin O’Malley, President and CEO of the Foundation.  “The Foundation manages more than 320 individual funds. Each one was created by people who want to support the causes they care deeply about.” The $3.6 million figure for 2018 includes nearly $850,000 in scholarships from the Foundation and its supporting organization, The Cape Cod Association.  Grants to nonprofit organizations support all aspects of Cape Cod life: health and human services; education; arts and culture; the environment; community and economic development; housing; and children, youth, and families.

Spotlight

Fidelity Charitable today is the nation’s second-largest grantmaker behind the Bill & Melinda Gates Foundation,1 propelled by the collective generosity of nearly 180,000 donors who actively use their Giving Accounts. Last year, Fidelity Charitable made a record 1 million donorrecommended grants, totaling $4.5 billion. These grants supported more than 127,000 charitable organizations in every state and around the globe.


Other News
PHILANTHROPY

Philanthropi Expands Its Charitable Giving Platform, Offering New Ways for Individuals to Give

Philanthropi | June 16, 2022

Philanthropi, a company leading the next generation of philanthropy through technology, announced that it has expanded its charitable Giving as a Service™ platform to provide everyday donors with new ways to give. Beginning in July 2022, all consumers with ACH capabilities through their banks will be able to set up a Philanthropi Impact Account™ and start their own personal charitable foundations, much like those of large donors. Philanthropi's charitable Giving as a Service platform enables consumers to create Impact Accounts, which are donor advised funds (DAFs) that support giving by everyone. These accounts simplify and organize giving by allowing individuals to track when, where, and how much is given from their personal foundation through a comprehensive and intuitive dashboard. The platform also provides easy-to-access tax information for year-end tax returns, removing the friction of manual tracking. Additionally, when donations are made through Impact Accounts, Philanthropi validates the recipient to ensure dollars are given to official non-profit organizations that meet the local, state, and federal non-profit status requirements. We are excited to take this next step in expanding our ability to support everyday donors in giving to the causes they care about most. Through their own personal Impact Accounts, individuals can directly donate funds to a growing number of non-profit organizations through the click of a button. Our mission at Philanthropi is to tap into the largest donor segment — the everyday philanthropist — so that we can truly unlock the power of philanthropy for all. In this new era of philanthropy, the concept is no longer synonymous with wealth or large donations, but with the collective impact of many individuals who care." Keith Leaphart, Founder & CEO of Philanthropi Individuals who wish to set up an Impact Account, can sign up for the Philanthropi Waitlist by clicking the "Register" button on the Philanthropi website. By opting into the Waitlist, individuals can receive notifications and instructions for when enrollment officially begins in early July. In 2019, Philanthropi launched its Giving as a Service platform to support employer-sponsored charitable giving, and help enterprises build a culture of giving and caring among employees. The company has seen great success among participating employers to date, empowering employees across the U.S. to make more than 4,000 grants through their personal foundations that all together have totaled nearly $3 million. These grants went to over 700 nonprofits and hardship relief funds, which are specialized funds that are aimed at providing financial support to organizations' internal communities during periods of unexpected adversity. The expansion of the Philanthropi Giving as a Service platform also enables Philanthropi to grow its partnership base with financial institutions, universities, and non-profit organizations, as well as employers. About Philanthropi Philanthropi is leading the next generation of philanthropy through its innovative giving platform, which democratizes giving for everyone and amplifies its impact. By partnering with financial institutions, employers, universities, and non-profit organizations, Philanthropi fosters new levels of engagement and empowers everyday donors to support their favorite non-profit organizations with the click of a button. Tapping into the largest donor segment – the everyday philanthropist – Philanthropi unlocks the potential of the charitable ecosystem.

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NONPROFIT TECHNOLOGY

Jelenew sponsors the amfAR Gala Cannes charity dinner of the American Foundation for AIDS Research to help global AIDS research

Jelenew | May 30, 2022

American cycling brand Jelenew has been committed to charity. During the 75th Cannes Film Festival, Jelenew becomes the signature sponsor of amfAR Gala Cannes for the first time. The charity dinner aims to raise funds for the American AIDS Foundation Research (amfAR, The Foundation for AIDS Research) for AIDS research and raise public awareness of AIDS treatment philanthropy. On the evening of May 26th local time in France, the cycling pants-dress newlook co-created by Jelenew and Stéphane Rolland for amfAR will be presented with Armani, Oscar de la Renta, Louis Vuitton, Chanel, Givenchy, Valentino, Giambattista Valli, Versace, Dior, Tom Ford, Balenciaga, Saint Laurent, Alaïa and many masterpieces from top brands appeared in the annual fashion show "Let's get married" hosted by Carine Roitfeld. These works will then be part of an auction led by legendary auctioneer Simon de Pury to raise money for amfAR and contribute to the global fight against AIDS. Di Liu, Jelenew's creative director, said that amfAR is a global leader in dedicating resources and research to effectively identify a cure for AIDS, which can help them fight AIDS. Jelenew is so proud of that. Jelenew and Stéphane Rolland specially crafted a cycling pants-dress newlook for amfAR for the charity auction, hoping to contribute to the charity cause against AIDS. This time, Jelenew and Stéphane Rolland cooperated with the theme of this amfAR Cannes Gala, "Let's get married," to create a cycling pants-dress newlook. Its inspiration comes from the 17th-century, the Spanish Golden Age. This is a "dark cycling bride" dress with feminine avant-garde. The paintings design the black dress of Stéphane Rolland by Goya and Velasquez, a sizeable black tunic with moiré stripes and sleeves are embroidered with Art Deco crystals. Jelenew is based on the first professional cycling pants with outer pads developed by Jelenew. It is inspired by the "Goddess of Victory" in the Louvre Museum and draws inspiration from the Spanish 17th-century noble knight pants to create a pair of cycling pants with feminine avant-garde. When sports technology meets the haute couture designer, we create an elegant, dignified yet independent, and confident "dark cycling bride." This ingenious cycling pants-dress newlook is sure to make an indelible impression on all those lucky enough to see it. As a professional cycling brand born for women, Jelenew has always regarded women's health and women's care as the brand's sense of social responsibility and mission. When tracing the evolutionary history of cycling pants, the Jelenew R&D team found that although there are significant structural differences and needs between men and women, in the past 100 years, male and female riders have worn cycling pants with built-in pads of the same structure. They know that cycling pants are the core elements that affect cycling comfort, sports performance, and health and hygiene index. Unscientific structure and design will obliterate women's health, comfort, and beauty. To allow female cyclists to enjoy healthy riding as well as male cyclists, former core member of Chanel Haute Couture Di Liu set up Jelenew's research and product development teams in Paris, France. According to the dismantling and differentiated needs of women's cycling force data, they introduced the moulage technique into the design of professional cycling pants. They led the development of the first professional cycling pants for women, namely Jelenew's 1+ 1 model of detachable outer padded cycling pants, including one pair of tight-fitting cycling leggings and one pair of detachable outer pad cycling shorts with built-in protection pad. The Jelenew x Stéphane Rolland cycling pants-dress newlook is based on the 1+1 model cycling pants. It is reported that the amfAR Cannes dinner includes cocktails, dinner, live performances by Christina Aguilera, Ricky Martin, and Charli XCX, an annual fashion show hosted by Carine Roitfeld and a live charity auction led by Simon de Pury. Hollywood icon Robert De Niro will be the guest of honor at the event. In addition, guests attending this dinner will also include a dream team, including Jelenew creative director Di Liu, Carine Roitfeld, Caroline Scheufele, Cynthia Erivo, Ever Gabo Anderson, Kate Hudson, LaKeith Stanfield, Laura Linney, Lauren Remington Platt, Michelle Williams, Milla Jovovich, Mohammed Al-Turki, Sam Bankman-Fried, Vanessa Hudgens, amfAR Board Co-Chairs T. Ryan Greenawalt and Kevin McClatchy, and celebrities such as amfAR director Vin Roberti. The amfAR charity dinner is one of the highest standard charity dinners. Every charity dinner attracts many celebrities, top stars, and supermodels everywhere. The gala has raised more than $245 million in cumulative funding for amfAR's critical AIDS research. Jelenew, who is keen on public welfare, is proud to participate in it and contribute to charity in the name of fashion. About Jelenew Jelenew is an American avant-garde cycling brand born for women. It creates the first cycling pants truly made for women in the world. It brings the groundbreaking combination of "Haute Couture and Sportswear" and carefully designs each product with "luxury moulage technique" to provide a more refined sports experience and promote a healthy lifestyle for cyclists to enjoy elegant and stylish suburban cycling. About amfAR and amfAR Gala amfAR, The Foundation for AIDS Research, is one of the world's leading nonprofit organizations dedicated to the support of AIDS research, HIV prevention, treatment education, and advocacy. Since 1985, amfAR has invested nearly $617 million in its programs and has awarded more than 3,500 grants to research teams worldwide. Celebrities frequently donate items to be auctioned off for the foundation. Past donors have included Uma Thurman, Karlie Kloss, and Milla Jovovich. The 25th annual gala embraced the #MeToo movement. 25 prominent women chaired it on stage and screen, namely: Alessandra Ambrosio, Poppy Delevigne, Linda Evangelista, Sylvia Fendi, Aileen Getty, Kate Hudson, Scarlett Johansson, Milla Jovovich, Heidi Klum, Daphna Krim (daughter of Mathilde Krim), Karolina Kurkova, Sienna Miller, Angela Missoni, Mary Parent, Katy Perry, Natasha Poly, Aishwarya Rai, Vanessa Redgrave, Joely Richardson, Carine Roitfeld, Caroline Scheufele, Irina Shayk, Lara Stone, Donatella Versace, and Michelle Yeoh. Past items auctioned have included numerous photographs by Andy Warhol, Annie Leibovitz portrait sessions, stays in fashion moguls and celebrity houses, and 53-karat diamond jewelry. Heidi Klum notably donated her Bentley S3 convertible to garner one of the highest bids at €200,000.

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NONPROFIT MANAGEMENT

NABA Announces $1M CLA Foundation Grant to Grow Black Talent in Accounting

NABA | June 27, 2022

NABA, Inc., a nonprofit member-based association for accounting, finance, and business professionals announced that it received a grant of $1 million from the CLA Foundation to seed the nonprofit’s new Pathway to College program, support human capital needs, and create scholarships. “I am excited to path and pave a more just world together with the CLA team,” said NABA President and CEO Guylaine Saint Juste. “The $1 million grant allows us to design programs and services to give more young Black Business Leaders a sense of belonging that increases their propensity to choose accounting as a field of study and career pathway.” CLA (CliftonLarsonAllen LLP) and NABA commemorated their relationship in September 2021 with a first of its kind corporate sponsorship to help fuel the organization’s mission to advance diversity, equity, and inclusion within the profession. Through this work with NABA, CLA continues to increase workforce diversity and expand its pool of talent and improve the representation of Black individuals within the firm and the accounting profession. We’re working to significantly increase the number of accountants in the United States, not just for CLA, but across the industry. And we’re doing it with an inclusive mindset. Attracting and retaining talented diverse professionals is essential to the future of the profession. NABA is helping us do this within our own walls, even as we help NABA advance its programs and initiatives.” Jen Leary, CEO of CLA, one of the leading professional service firms in the United States The CLA Foundation grant was presented to Saint Juste at the NABA RECHARGE convention held in Hollywood, Florida June 21 – 24. CLA sponsored the NABA RECHARGE convention at the ”Pacesetter” level and hosted two sessions: “Be Well and Belong — Investing in Your Authentic Self” (for students) and “Living Your Inspired Career” (for professionals). “Our relationship with CLA is so much more than a dollar figure,” said Saint Juste. “From shared work spaces to strategic visioning to leadership consulting, we give each other energy and insights to continue to make headway toward our goals.” NABA’s Pathway to College program is designed to support Black high school, community college, and Historically Black Colleges and Universities students’ pathway into the public accounting and advisory profession, offering work experience along the journey. In addition to supporting the Pathway to College program over the next five years, a portion of the grant funds will be set aside to create a base for scholarships with lasting impact. CLA also plans to offer paid internships to students throughout the five-year grant commitment. These internships will provide students with real work experience to support them on their journey to becoming accounting professionals. CLA’s promise is “to know you and help you” and this includes its clients, its people and its communities. This grant is an example of how CLA is working with NABA to truly impact the Black community. “I believe the impact we have with NABA in the Black community will be replicated in the future,” said Leary. “I’ve seen our CLA Foundation contributions rise every year since inception. I couldn’t be more thrilled about the opportunities we have to support the communities in which we work and live, with equity, inclusion, and a dose of joy.” All CLA Foundation grant nominations originate with CLA team members. Since 2015, the CLA family has awarded over $6.5 million through 388 grants to organizations across the country. Learn more about the CLA Foundation. About NABA NABA, Inc. is a nonprofit membership association dedicated to bridging the opportunity gap for Black professionals in the accounting, finance, and related business professions. Representing more than 200,000 Black professionals in these fields, NABA advances people, careers, and the mission by providing education, resources, and meaningful career connections to both professional and student members, fulfilling the principle of our motto: Lifting as We Climb. About CLA CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, digital, audit, tax, consulting, and outsourcing services. With more than 7,500 people, 121 U.S. locations, and a global vision, we promise to know you and help you.

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FINANCIAL MANAGEMENT

126th Boston Marathon Raises $35.6 Million For Area Non-Profits

John Hancock | June 08, 2022

The Boston Athletic Association (B.A.A.) has announced that $35.6 million was raised for more than 200 non-profit organizations through this year's 126th Boston Marathon on Monday, April 18. The B.A.A. Official Charity Program and the John Hancock Non-Profit Program have combined to raise more than $460 million since the charity program's inception at the 1989 Boston Marathon. The $35.6 million raised this year includes donations raised through the B.A.A.'s Official Charity Program, the John Hancock Non-Profit Program, and from other qualified and invitational runners. A total of 2,566 participants ran as fundraising athletes at the 126th Boston Marathon. Further details can be found on the Boston Marathon's fundraising page through GivenGain. "The non-profit community across Greater Boston is resilient, and, as a non-profit itself, the B.A.A. takes great pride in being a catalyst for more than 200 charitable organizations to raise critical funds in support of their missions," said Nicole Juri, the B.A.A.'s Director of Development. "The return to our full field size and traditional Patriots' Day date enabled our non-profit partners to raise even greater funds for a variety of meaningful causes." It is outstanding to see the funds raised by this year's Boston Marathon participants, all in support of non-profit organizations that are a driving force for our community and carry personal meaning for so many. We are committed to making lives better by empowering sustained health and well-being, and we are grateful to help bring that mission to life through the John Hancock Non-Profit Program. Thank you to everyone who worked so hard to make this year's race so inspiring and impactful." Marianne Harrison, president and CEO of John Hancock Earlier this year, the B.A.A. and John Hancock held the first-ever Boston Marathon Giving Day, which resulted in more than $1.1 million in donations over a 24-hour period to the 200 non-profit programs affiliated with the 126th Boston Marathon. Boston Marathon Giving Day was the second largest single day of donations to non-profits connected to the race, behind 2018 #GivingTuesday. The B.A.A. annually provides non-profits associated with the B.A.A. Official Charity Program and John Hancock's Non-Profit Program with invitational entries into the Boston Marathon. Each non-profit organization directly manages its own application process, athlete selection, and fundraising minimums, deadlines, and requirements. The 126th Boston Marathon marked the first Patriots' Day race since 2019 and featured a 98.4% finish rate, with 24,918 athletes from 111 different countries and all 50 states earning their unicorn medals. The B.A.A. will notify non-profit organizations who have been selected to participate in the 127th Boston Marathon as part of the B.A.A. Official Charity Program in Summer 2022. More information can be found on the B.A.A. Official Charity Program and the John Hancock Non-Profit Program. The next B.A.A. event is the B.A.A. 10K presented by Brigham and Women's Hospital on Sunday, June 26. Athletes can register online and compete with Boston Marathon champions and Olympians. Media interested in covering the 2022 B.A.A. 10K may apply for credentials here. About the Boston Athletic Association Established in 1887, the Boston Athletic Association is a non-profit organization with a mission of promoting a healthy lifestyle through sports, especially running. The B.A.A. manages the Boston Marathon, and supports comprehensive charity, youth, and year-round programming. The Boston Marathon is part of the Abbott World Marathon Majors, along with international marathons in Tokyo, London, Berlin, Chicago, and New York City. Since 1986, the principal sponsor of the Boston Marathon has been John Hancock. The 127th Boston Marathon is scheduled to take place on Monday, April 17, 2023. About John Hancock and Manulife John Hancock is a unit of Manulife Financial Corporation, a leading international financial services provider that helps people make their decisions easier and lives better by providing financial advice, insurance, and wealth and asset management solutions. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com. One of the largest life insurers in the United States, John Hancock supports more than ten million Americans with a broad range of financial products, including life insurance and annuities. John Hancock also supports US investors by bringing leading investment capabilities and retirement planning and administration expertise to individuals and institutions.

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Spotlight

Fidelity Charitable today is the nation’s second-largest grantmaker behind the Bill & Melinda Gates Foundation,1 propelled by the collective generosity of nearly 180,000 donors who actively use their Giving Accounts. Last year, Fidelity Charitable made a record 1 million donorrecommended grants, totaling $4.5 billion. These grants supported more than 127,000 charitable organizations in every state and around the globe.

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