ADOPTACLASSROOM.ORG | September 29, 2022
The award-winning national non-profit AdoptAClassroom.org announced that Burlington Stores, the major off-price retailer offering WOW deals on customers' favorite brands for the entire family and home, collected more than $1.7 million from its customers and associates during the recent back-to-school time period. Funds raised benefitted local K-12 teachers and their students nationwide. This year's donations resulted in more than $10 million raised over the six years of partnership with AdoptAClassroom.org, benefitting over 1 million students nationwide.
According to AdoptAClassroom.org's 2021 Teacher Spending Survey, teachers spent an average of $750 on school supplies out of pocket during the 2020-2021 school year, and the cost of school supplies is rising with inflation, some items by nearly 60%. According to the organization's 2022 State of Teaching Survey, 71% of teachers are spending more of their own money on classroom materials than previous school years.
"Burlington is committed to the ongoing support for teachers as they continue to spend out of their own pockets on supplies for their students to better learn and succeed, In the 6th year of our partnership with AdoptAClassroom.org, we're proud to have reached this milestone in our fundraising efforts. We're grateful to our generous customers and associates who made this donation possible."
-Michael O'Sullivan, CEO, Burlington Stores.
Burlington has once again proven its dedication to education and supporting students within their store communities across the country, said Ann Pifer, executive director, AdoptAClassroom.org. Collectively, we've been able to showcase our appreciation to educators by providing them with funds to purchase the school supplies they need, when they need them, and better support their students.
Burlington is appreciative of their customers' and associates' continued commitment to AdoptAClassroom.org, providing much needed funding to teachers so that their students can better succeed. For more information on AdoptAClassroom.org, including recent survey results from thousands of teachers nationwide, visit AdoptAClassroom.org.
ABOUT BURLINGTON STORES, INC.
Burlington Stores, Inc., headquartered in New Jersey, is a nationally recognized off-price retailer with Fiscal 2021 net sales of $9.3 billion. The Company is a Fortune 500 company and its common stock is traded on the New York Stock Exchange under the ticker symbol "BURL." The Company operated 877 stores as of the end of the second quarter of Fiscal 2022, in 46 states and Puerto Rico, principally under the name Burlington Stores. At Burlington, customers will be amazed to find their favorite brands and the latest trends at a fantastic value with fresh, seasonal items arriving regularly. The Company delivers savings at up to 60% off other retailers' prices every day on a wide assortment of merchandise including everything for ladies, men, kids, baby, along with home décor. Shoppers are sure to discover amazing finds at wow prices in store every day.
AdoptAClassroom.org believes every child deserves the tools and materials they need to learn and succeed in school. The national, tech-based nonprofit connects donors and sponsors with PreK-12 teachers and schools to help equip more classrooms and students with school supplies. Since 1998, AdoptAClassroom.org has raised $57 million and supported more than 5.8 million students across the U.S. The 501(c)(3) holds the highest 4-star rating from Charity Navigator and the highest transparency rating offered by GuideStar. For more information, or to make a donation, please visit www.adoptaclassroom.org.
FreeWill | August 24, 2022
FreeWill, a social-good enterprise at the nexus of philanthropy and estate planning, today announced that its Crypto for Charity platform will eliminate transaction fees for real-time donations of cryptocurrency to support nonprofit causes, lowering fees on donations made through Crypto for Charity's website, www.cryptoforcharity.io from 3.95% to zero, effective immediately.
"We're incredibly excited to announce that we've become the first to zero among our competitive set as it pertains to transaction fees when donating crypto. One of our foremost commitments is listening to our customers and acting on feedback, and what we've heard from crypto owners is that donating crypto should be free. Having raised more than $6 billion in philanthropic gifts with free tools in estate planning and real-time giving, we're proud to offer a non-fee platform for cryptocurrency. Now, donating crypto via our platform is more cost-effective than making a donation with a credit card. Democratizing access to estate planning and philanthropy are core to the FreeWill brand and we're proud to continue to be leaders here mere months after jumping into the crypto space."
-Patrick Schmitt, co-CEO of FreeWill.
Crypto for Charity is an online platform developed by FreeWill, which empowers both donors and nonprofits to do the most good for the people and causes they love. In the same way FreeWill allows anyone to donate stocks in real-time or to leave a bequest to their favorite charity while creating a will, Crypto for Charity empowers donors to easily donate appreciated crypto, as well as NFT drop proceeds, in a tax-advantaged manner through easy-to-use tools.
This includes the ability to integrate donations directly from smart contracts for NFT drops, as well as Cause Funds that enable donors to give to multiple organizations at once that are united around similar causes – all within a single transaction, and all zero-fee.
Crypto for Charity, through which crypto owners can donate to more than 55,000 American nonprofits, launched in December 2021 to help make it easier for nonprofits to accept crypto donations, given that more than 90% of nonprofits lacked a crypto solution at a time of increasing interest. Since the launch, high demand has led FreeWill to invest significantly in hosting hundreds of crypto donation sites for its nonprofit partners.
In addition to the Crypto for Charity platform, FreeWill also offers nonprofits a Bequest Tool for legacy giving, a Qualified Charitable Distributions (QCD) Tool to fundraise in real-time from IRAs, and a Stock Gifts Tool for appreciated stock holdings.
FreeWill is a social-good enterprise offering online tools that empower Americans to address commonly faced estate planning needs and make charitable donations in tax-advantaged ways, all for free. FreeWill also features a charitable giving platform that makes it easier for nonprofit fundraising teams to unlock transformational non-cash gifts. Through its partnerships with 1,000+ nonprofits who understand that major gifts often are part of estate plans, the company is also able to provide a comprehensive suite of estate planning and related tools to consumers free of cost. To date, FreeWill has generated more than 6 billion in planned and real-time gifts for more than 10,000 nonprofits while helping more than 600,000 consumers create wills and plan their estates.
SBB Research Group Foundation | September 20, 2022
Reading Power received a $5,000 grant from the SBB Research Group Foundation, which awards monthly grants to support impactful organizations during the pandemic.
Reading Power, a tutoring organization, serves under-resourced schools in Lake County, Illinois, by providing one-to-one tutoring to pre-kindergarten through second grade students.
“Our mission is to accelerate children’s literacy learning to help them develop a love of reading and writing, This year, we will be expanding to two new schools in Waukegan, in minority and low-income areas, where we know the need is great. We know, especially after COVID, that students need to have a caring adult in their life that can give them the attention and care that they need to feel comfortable taking risks in their learning”
-Kristin Fine, Reading Power’s Director of Programs.
Individualized programs focus on developing reading fluency, comprehension, oral language, vocabulary, phonemic awareness, and writing skills. Reading Power collaborates with teachers and administration to provide 25- to 40-minute tutoring sessions during the school day, 3 to 5 days per week. The organization also ensures that students can continue to read at home by gifting them new books and providing them access to a lending library.
“It is so exciting to see this unique organization create individualized programs with the power to enhance the educational development of children in need.”
-Matt Aven, co-founder and board member of the SBB Research Group Foundation.
About the SBB Research Group Foundation:
The SBB Research Group Foundation supports ambitious organizations solving unmet needs with thoughtful, long-term strategies. SBB Research Group LLC, a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven, established SBB Research Group Foundation to further its philanthropic mission. In addition, the Foundation sponsors the SBBRG STEM Scholarship, which supports students pursuing science, technology, engineering, and mathematics degrees.
Give A Little | August 12, 2022
Give A Little today celebrates reaching £10m in donation revenues. This is a significant milestone that reflects over 4,000 charities who have made the move to cashless fundraising with the platform, taking payment card donations via contactless, Chip+PIN and online donations.
The Give A Little platform provides the point-of-donation experience for donors and campaign management for charities to set up their fundraising. The service launched in 2019 and supports charities of all sizes, including Cancer Research UK, London Zoo, and the Church of England.
All charities now need technology for handling cashless donations as donors have largely moved away from cash. According to CAF's 2021 UK Giving Report, just 7% of donors used cash in January 2021, and Give A Little has seen more than a fivefold increase in the number of cashless donations being made using its platform year on year (May 20-21/ May 21/22).
Give A Little's core mission is to reduce the cost barrier for charities moving to cashless and to thereafter shield them from the cost of technology change, which is increasing dramatically as new payment methods proliferate. The platform is built on a model where charities bringing in higher revenues subscribe to a Premium Account, which enables charities just starting, or micro charities who will never take much in the way of donations, to benefit from a free Basic Account.
"The Give A Little team is incredibly proud to reach this £10m milestone. We set out to ensure charities, especially the smallest ones, would not be left behind by the acceleration towards a cashless society and it's testament to the team's dedication that we have built such a robust customer base in such a short time, and mainly through word of mouth. We designed Give A Little from the outset to easily accommodate changing technology and to integrate with a range of portable and fixed donation points and a choice of payment processors. This allows charities to keep up with the latest innovations while at the same time eliminating technology risks and the inherent costs of change, and helps further by removing the need for staff to be trained as experts."
-Ben Stewart, Co-Founder Give A Little.
Our unique model as a point-of-donation platform enables us to offer charities reliability and resilience over very long periods of time. We achieve this while also being an affordable way to get started with cashless fundraising. Additionally, we believe strongly in making the donor experience as best as it can possibly be, whether that's by offering donors a choice of donation amounts or presenting them with a visually engaging campaign screen, and that builds trust with the charity. Our specialisation around the point-of-donation experience leads to industry leading average donation values (over £10 for App donations and £40 for Web donations). We look forward to helping many more charities increase their donation revenues and to thrive even in difficult times.
About Give A Little:
Give A Little aims to be the most easy-to-use, flexible and affordable way for charities of all sizes to collect donations in a cashless society. The Give A Little point-of-donation platform was founded by parent company, Caution Your Blast Ltd. (CYB) as part of its commitment to using digital as a force for good. CYB is one of the UK's leading digital practices and a provider of digital service design and software development to the UK Government and clients such as IKEA.
Give A Little came about after CYB worked with BT in 2016 to develop the first contactless donation solution with a touch screen - the Digital Tin. Trials of the Digital Tin were very successful, with charities like Comic Relief, Cancer Research and UNICEF loving the solution. Through this important work, CYB identified that smaller charities needed the support of a sponsor to be able to afford contactless donation solutions as the cost of entry was too high, sometimes even for bigger charities. So Give A Little was set up to drive down the cost of accessing cashless donations for charities of all sizes, as it was out of reach for many.