Raytheon Company (RTN) Ex-Dividend Date Scheduled for December 30, 2016

Raytheon Company | December 29, 2016

Raytheon Company ( RTN ) will begin trading ex-dividend on December 30, 2016. A cash dividend payment of $0.733 per share is scheduled to be paid on February 02, 2017. Shareholders who purchased RTN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that RTN has paid the same dividend. At the current stock price of $141.82, the dividend yield is 2.07%.

Spotlight

In the rapidly evolving field of philanthropy, collaboration and collective impact are no longer just buzzwords: they’re imperatives. Nonprofits and funders alike are therefore increasingly interested in the processes, challenges, and opportunities inherent in grantmaking programs focused on strengthening nonprofit collaboration. This paper addresses this interest by providing a case study and lessons learned on cohort-based grantmaking. From 2013-2015, Microsoft Silicon Valley and Silicon Valley Community Foundation (SVCF) partnered on the design and implementation of a YouthSpark cohort funding program for Santa Clara and San Mateo Counties.


Other News
NONPROFIT TECHNOLOGY

Margaret Richardson Joins GoFundMe as Chief Corporate Affairs Officer

GoFundMe | May 19, 2022

GoFundMe, the trusted leader in online fundraising, announced that Margaret Richardson has joined the company as its Chief Corporate Affairs Officer. She will be responsible for building and leading GoFundMe’s corporate affairs team consisting of government relations, public policy, and corporate communications. Richardson will join the company’s executive team, reporting to and working closely with CEO Tim Cadogan. Richardson has decades of experience in both the public and private sectors, most recently Director of Trust & Safety for Services at Apple overseeing initiatives focused on personal safety, account integrity, and content standards. She has spent the last six years helping fast-growing technology companies scale and operate responsibly in current and new markets. Prior to Apple, Richardson held senior leadership positions at Airbnb for four years, guiding the company through regulatory changes by partnering with governments and community-based organizations in more than 220 countries and regions around the world. Prior to Richardson’s private-sector work, she served as Chief of Staff and Counselor to Attorney General Eric H. Holder, Jr., in the U.S. Department of Justice for over six years. The throughline in Margaret’s career is her focus and passion for building trust between companies and governments and the people they serve. Her extensive experience developing trust in both public and private sectors make her uniquely positioned for this role. As the leader of our Corporate Affairs team, she will focus on ensuring we operate with consistency and clarity in service of our mission to help people help each other.” Tim Cadogan, GoFundMe CEO “GoFundMe exists to help people help each other - strengthening communities all around the world. The support that our platform enables transforms individuals’ lives and communities for the better. It is hard to imagine a service more urgent or important at this moment in history,” said Margaret Richardson. “As the company continues to grow internationally, I look forward to partnering with local, regional and national governments, advocacy organizations, and consumers so that together, we can help more people to help each other.” Richardson joins the company at an important time as world events are increasingly reflected in how people use GoFundMe. For example, more than $100 million has been raised for Ukraine humanitarian aid from nearly 725,000 donors globally. Since 2010, the GoFundMe community has raised more than $17 billion for people, nonprofits and causes across the world. Richardson is the recipient of the Edmund J. Randolph Award for outstanding service, the highest award bestowed by the Department of Justice. She earned a bachelor's degree from the University of Virginia, a Master's in Public Administration from Harvard's John F. Kennedy School of Government, and a Law degree from the University of California, Berkeley, School of Law. About GoFundMe 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.

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NONPROFIT MANAGEMENT

Exceptional Children's Foundation Names Veronica Arteaga President and CEO

Exceptional Children's Foundation | May 27, 2022

The Exceptional Children's Foundation (ECF) Board of Directors has announced the appointment of Veronica Arteaga, LCSW as President and CEO. Arteaga will join the nonprofit human services organization effective June 1st, succeeding Scott D. Bowling as ECF's third President and CEO in its 76 years of service. She will be responsible for leadership of ECF's 15 service sites throughout Los Angeles County, 375 employees, a 20 member board of directors, and the provision of service to more than 5,000 children and adults with special needs and their family members annually. We are delighted to welcome Veronica to ECF. She is a passionate, innovative leader with a collaborative approach and a track record of strategic success in organizational systems and service delivery. We look forward to the contributions of her leadership in the ongoing service and impact of our founding mission." Steve Beltran,ECF Board of Directors Chair Arteaga brings more than 15 years of experience leading and providing social services, having previously served as Chief Program Officer for Wayfinder Family Services, and Vice President, Housing Programs for St. Anne's Family Services in Los Angeles. She is a licensed clinical social worker and is pupil personnel services credentialed (K-12 counseling), and is a graduate of the Executive Leadership Institute. She holds a Master of Social Work from University of Southern California, and a Bachelor of Arts in Psychology from the University of California, Santa Cruz. "Exceptional Children's Foundation has a rich history and longstanding reputation for successful stewardship and innovation in advancing person-centered services for children and adults challenged with developmental, learning and emotional barriers," said Arteaga, adding, "I am humbled to follow in the footsteps of the organization's founding President, Dr. Robert Shushan and my predecessor Dr. Scott Bowling, who have advanced the ECF mission for 76 years, and am excited to join in this tradition of leadership for the future of the community we serve." About Exceptional Children's Foundation The Exceptional Children's Foundation (ECF) was created in 1946 by a group of concerned parents who pooled their resources to create a daycare program for children with developmental disabilities. Over 76 years, ECF has evolved into a nationally-recognized organization serving more than 5,000 people with developmental disabilities and their families annually from 15 program sites, in homes and in the community across Los Angeles County. ECF is the only organization of its kind in California to provide a lifespan of services for children and adults challenged with developmental, learning and emotional barriers—empowering them to reach their greatest potential.

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PHILANTHROPY

Abby Axelrod-Wunderman CAP Joins Fiduciary Trust International as Philanthropic Director for Family Office Services, Foundations & Endowments

Fiduciary Trust International | June 20, 2022

Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Abby Axelrod has joined the firm as philanthropic director for family office services, foundations, and endowments. In her new role, Ms. Axelrod will assist families and nonprofit organizations across the country with board governance and dynamics, next-generation education, grantmaking, strategic visioning, fundraising and revenue diversification, and high-impact investing. Abby’s experience working with nonprofits and high-net-worth families will help us continue to enhance our nationwide philanthropic strategy, planning, and administrative support offering. We remain committed to meeting the complex, evolving needs of our clients, and enabling them to maximize the community impact they can make using their wealth.” Paul Cummings, head of family office services, foundations, and endowments Prior to Fiduciary Trust International, Ms. Axelrod served as director of charitable giving at the Community Foundation for Palm Beach and Martin Counties. Earlier in her career, she launched a private family foundation for a top hedge fund manager. Ms. Axelrod has been a consultant to various nonprofit organizations in Florida, South Carolina, and Virginia, and continues to serve on the advisory board of Impact the Palm Beaches. She is also a member of the board of the Elite Foundation. “Fiduciary Trust International has an outstanding reputation in the nonprofit community as a trusted advisor to foundations and endowments,” said Ms. Axelrod. “I am proud to join this firm’s team of dedicated professionals as it continues to grow its philanthropic solutions.” Ms. Axelrod contributes content about philanthropy to The Daily Drip, a Florida-based media company. She earned a master’s degree from Winthrop University in South Carolina, and graduated summa cum laude with a bachelor of arts from the University of Kent in Canterbury, England. Ms. Axelrod holds the Chartered Advisor in Philanthropy (CAP) designation from the American College of Financial Services. About Fiduciary Trust International Fiduciary Trust International, a global wealth management firm headquartered in New York, NY, has served individuals, families, endowments and foundations since 1931. With over $98 billion in assets under management and administration as of March 31, 2022, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The New York-based firm and its subsidiaries maintain offices in Coral Gables, FL; Boca Raton, FL; St. Petersburg, FL; Radnor, PA; Lincoln, MA; Los Angeles, CA; San Mateo, CA; San Francisco, CA; Washington, DC; Wilmington, DE; Reston, VA; and Atlanta, GA. About Franklin Templeton Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.45 trillion in assets under management as of May 31, 2022.

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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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Spotlight

In the rapidly evolving field of philanthropy, collaboration and collective impact are no longer just buzzwords: they’re imperatives. Nonprofits and funders alike are therefore increasingly interested in the processes, challenges, and opportunities inherent in grantmaking programs focused on strengthening nonprofit collaboration. This paper addresses this interest by providing a case study and lessons learned on cohort-based grantmaking. From 2013-2015, Microsoft Silicon Valley and Silicon Valley Community Foundation (SVCF) partnered on the design and implementation of a YouthSpark cohort funding program for Santa Clara and San Mateo Counties.

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