Nonprofit Management

Pushpay to Acquire Resi Media, Leading Video Streaming Technology

Pushpay, the leading payments and engagement solutions provider for faith-based and non-profit sectors, announced the entry into a definitive agreement for Pushpay to acquire Resi Media LLC, an industry leading video streaming platform. The acquisition is expected to close by the end of the month, subject to satisfaction of customary closing conditions, and will expand Pushpay’s ability to help organizations increase engagement and expand their digital presence.

“Digital tools like live streaming enable organizations to reach and engage stakeholders in an efficient and cost-effective way, regardless of geographical location, providing greater audience potential and revenue opportunities,” said Molly Matthews, CEO of Pushpay. “Coming together with Resi Media not only provides our customers access to world-class streaming technology today, but in time will enable Pushpay to deliver a unified solution for digital giving, ministry management, media and more.”

As budgets shift to support digital growth, there has been a rapid increase in the demand for video. In fact, streaming is one of the top COVID-19 induced technology trends in the world, which is projected to maintain momentum in a post-pandemic world. For the faith market in particular, which is one of the top industries Pushpay and Resi Media serve, more than 95% of pastors reported their church leveraged some form of streaming technology in 2020 to share their services online and reach their community during the pandemic.

"It's difficult to think of a more incredible partnership to help us have the right technology to grow and engage our congregation both in person and online, than combining Pushpay and Resi. Our church has been leveraging Pushpay technology for years to help us connect with our church family and make giving easier, while Resi allows us to reach tens of thousands of people online, and scale our multisite campus model," said Jeff Jones, Senior Pastor, Chase Oaks Church. "As our church continues to invest in technology to help support future growth, we could not be more excited about the untapped potential of these two organizations coming together and the opportunities ahead."

As Pushpay delivers on its mission to be the number one software partner to churches in the U.S. the acquisition of Resi Media will enable the Company to offer streaming technology as a stand-alone offering for churches, or within its ChurchStaq suite. ChurchStaq provides a holistic all-in-one software solution that combines a mobile app, church management software (ChMS), and giving and donor management tools to equip churches of all sizes with the technology they need to grow generosity, measure the impact of their ministry, connect with community members, and manage day-to-day operations.

"This is not only an opportunity to align two mission-driven organizations, but also to build on the momentum which Resi has already generated by offering the highest quality and most reliable live streaming services on the market," said Paul Martel, CEO of Resi Media. "Joining forces with Pushpay propels our ability to deliver seamless solutions which empower organizations to engage, monetize, and grow online, in person, and hybrid audiences at scale.”

Today, Resi Media delivers live streaming services to websites, social media destinations, mobile, tv, apps and more—in addition to multi-site streaming which seamlessly delivers video to remote locations. The company provides solutions to more than 3,900 customers, including more than 70% of Outreach’s top 100 largest churches in the US, and other nonprofits and corporations around the world.

For more information about today’s announcement, you can view the Pushpay blog or the investor page for the full market release.

About Pushpay
Pushpay provides a donor management system, including donor tools, finance tools and a custom community app, and a church management system (ChMS) to the faith sector, non-profit organizations and education providers located predominantly in the United States (US) and other jurisdictions. Our leading solutions simplify engagement, payments and administration, enabling our Customers to increase participation and build stronger relationships with their communities.

About Resi Media LLC.
Resi delivers leading end-to-end live streaming technology. Their all-in-one video delivery platform specializes in high-quality transmission for web, multisite and on demand streaming, with industry-leading reliability to support and prompt customer engagement. Resi was founded in 2016 and now serves more than 3,900 nonprofit and for-profit organizations across the globe.

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Fundraising, Nonprofit Management

American Camp Association Receives $45.5 Million Grant from Lilly Endowment Inc. to Strengthen Character Development Programs for Young People

PR Newswire | February 02, 2024

The American Camp Association® (ACA) is honored to announce that Lilly Endowment Inc. has awarded ACA a $45,535,623 grant to support the creation of a new, multiyear initiative to grow, improve, and celebrate character development at camps across the United States. Character at Camp is an innovative initiative anchored in the belief that summer and year-round camp programs provide an unparalleled opportunity to promote the character development of young people. While camps vary greatly in their mission, size, activities, programming, and location, many are run with an intrinsic focus on youth development and character-building skills and traits. ACA's recent National Camp Impact Study demonstrated that camp experiences support social connectedness among youth and the development of skills and traits such as perseverance, responsibility, and the willingness to try new things. This study also found that these skills and traits last over time. Individuals who attended camp as children demonstrate these skills and traits throughout academic environments and well into their early careers. For more than a century, character development has been foundational to the camp experience, as each camp distinctively offers a variety of opportunities to develop important character skills and traits. Camps provide young people with experiences in less-distracting settings, often surrounded by nature, that can help support character development through social interactions with peers and counselors, time for reflection and other activities. For example, campers learn responsibility as they help set tables in the dining hall, engage in leadership when guiding groups during hikes, and practice empathy when they support fellow campers who are missing home. In today's world, the benefits of building character skills and traits such as gratitude, kindness, creativity, curiosity, perseverance, resiliency, empathy, courage, and teamwork could not be more important. The Character at Camp initiative will be conducted during the next six years. ACA will make available in-person and virtual training opportunities, educational tools, and other resources to camps to strengthen, expand, or establish character development programs at the more than 15,000 year-round and summer camps across the US. As a direct result of this new initiative, ACA will invite camp leaders to participate in educational and peer-learning opportunities, networking, training, other experiences to learn how to help develop character skills and traits at camp. ACA will work with camp professionals, youth-development experts, and others to create new educational resources, training, and assessment tools to provide camps with opportunities to engage in this important initiative. Starting in 2025, all eligible nonprofit camps will have the opportunity to apply for competitive one-, two-, or three-year grants to support their character development programs. Eligible organizations will be able to apply for funding in amounts ranging from $50,000 to up to $300,000 based on the length of the grant period. Funds may be used for staffing, training, curricula, assessment, communications, and/or outreach and partnership efforts to support camps' specific goals related to character development. The initiative will support a broad range of camps serving young people from varied backgrounds and experiences, including under-resourced and underrepresented youth, as well as provide funding for developing character-based programming that is culturally relevant and values the diverse perspectives of youth and families. "We are deeply grateful for Lilly Endowment's support of ACA and our shared commitment to support camps across the country with the funding, tools, resources, and education to expand and prioritize character development programs," said Tom Rosenberg, ACA president/CEO. "This Character at Camp initiative recognizes the diverse needs of children and youth. We know camp experiences build a world of belonging and growth, and we're excited to engage camps as they work to strengthen their character development programs." "Lilly Endowment's founders firmly believed that developing the character of young people was vital to the future of communities and our country, and they supported many efforts to understand how character is formed," said N. Clay Robbins, Lilly Endowment's chairman and CEO. "For decades, well run camps have had a positive impact on the character development of thousands of campers. We believe, with the commitment, leadership, and expertise of ACA, its Character at Camp initiative can meaningfully enhance and expand character development from a variety of perspectives and in a diverse array of young people throughout the nation."

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Financial Management, Philanthropy

TIFIN Give expands its reach as a leading technology powered philanthropy platform for wealth enterprises

PR Newswire | February 01, 2024

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