FUNDRAISING

Rimini Street Foundation Announces $50,000 in Grants to Eligible Las Vegas Nonprofit Organizations

Rimini Street Foundation | February 02, 2022

Rimini Street, Inc., a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, announced the Rimini Street Foundation has announced its inaugural RMNI LOVETM Grant Program, which aims to recognize the communities that Rimini Street works in around the world. The RMNI LOVE Grant Program will award five $10,000 grants to certified 501(c)3 nonprofit organizations in the Las Vegas area, the company’s hometown, before expanding to other global markets of Rimini Street in subsequent years.

Rimini Street's mission is to create equal opportunities for all and leave the world a better place than the way we found it. RMNI LOVE is here to help do just that. We are proud to launch this initiative in our hometown community of Las Vegas, and we look forward to expanding our program to show our RMNI LOVE in other regions around the world as well."

Janet Ravin, chair, Rimini Street Foundation

RMNI LOVE: A Celebration of Rimini Street’s Mission
Rimini Street has designated February as RMNI LOVE month, a celebration of the love and appreciation the company has for its “4 Cs”: colleagues, company, clients and community. The RMNI LOVE Grant Program aims to further this cause by investing in passionate, dedicated organizations that work tirelessly to uplift their communities – first in the Company’s headquarters, Las Vegas. Certified 501(c)3 nonprofit organizations in the Las Vegas area can visit the RMNI LOVE Grant Program application portal Feb. 1-28 to provide an overview of their organization and detail their local impact on the Las Vegas community. The Rimini Street Foundation will then select five winners to each receive a $10,000 grant, with winners to be announced in March.

RMNI LOVE is fueled by the Rimini Street Foundation, an organization founded in 2015 that reflects the values, hearts, and passion of Rimini Street as a company and individuals that make up its global community. The organization has helped more than 300+ charities worldwide with the mission to support humankind and share company success by investing back into the communities it serves around the world through in-kind donations, employee time, and financial support.

About Rimini Street, Inc.
Rimini Street, Inc., a Russell 2000 Company, is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 4,400 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider.

Spotlight

The primary purpose of this publication is to present an accessible guide on the many topics pertaining to the process of starting a 501 (c)(3) organization with the sound construction needed to be successful and sustainable. The materials presented are based upon nonprofit best practices, and though there will be a brief mention of other types of tax exempt organizations for educational purposes, the focus of this guide is on the 501 (c)(3) organization. It is the Oklahoma Center for Nonprofits’ mission to educate nonprofit leaders and staff on best practices so that they can grow, develop, and accomplish their stated missions.


Other News
FINANCIAL MANAGEMENT

Independent Financial Group Donates over $230,000 to Children-Focused California Charities in 2021

Independent Financial Group | May 26, 2022

Independent Financial Group, LLC, a San Diego-based independent broker-dealer, donated a combined $232,500 to seven charities in 2021: Promises2Kids ($50,000); Wayfinder Family Services ($50,000); Challenged Athletes Foundation ($50,000); The Mitchell Thorp Foundation ($50,000); Just in Time for Foster Youth ($25,000); The San Diego Nice Guys ($5,000); and the Well Community For Women ($2,500). IFG's donations went to charities operating in San Diego and in the state of California, supporting foster children, youth, and adults; children with critical illnesses; children and adults with disabilities; and families facing economic hardships. When Joe Miller, David Fischer, and I founded IFG, we agreed that giving back to our community, quietly and consistently, would be a central part of our mission. The three of us are fathers, and our community has been good to us and to our families. We want to make sure that all children and young adults in San Diego, and in the state of California, are being raised with the support and opportunities they need to thrive." Scott Heising,IFG CEO and Co-Founder To date, IFG has donated nearly one million dollars to various charitable organizations. About IFG's Selected Charities Promises2Kids responds to the needs of foster children and those who have been removed from their home due to abuse and neglect. The Challenged Athletes Foundation provides opportunities and support for physically disabled athletes so they can pursue active lifestyles and competitive athletics. Wayfinder Family Services (formerly Junior Blind of America) offers a full range of essential services that meet the needs of people of all ages, including the visually impaired, foster youth, youth with serious medical conditions or trauma, and their families. In memory of their son Mitchell, Brad and Beth Thorp founded the Mitchell Thorp Foundation with the goal of supporting families whose children suffer from life-threatening illnesses and disorders. Just in Time for Foster Youth aims to help foster youth as they transition to adulthood, supporting their efforts to achieve self-sufficiency and well-being. The Nice Guys of San Diego have worked since 1979 to support local families who have fallen on tough times. The Well Community for Women is a San Diego-based nonprofit dedicated to serving women by offering coworking spaces, childcare support, after-school enrichment programs, and other programs and events. About Independent Financial Group Independent Financial Group, LLC (IFG) is a privately held independent broker-dealer based in San Diego, California. Founded in 2003, IFG provides an array of business solutions supporting more than 640 independent financial professionals across 389 offices nationwide. IFG was named among the "Fastest Growing Private Companies in the US" by Inc. 5000 in 2020, for the eighth time since 2010. San Diego Business Journal ranked IFG "#12 Among the Largest Private Companies in San Diego" in 2020. In 2022, IFG was ranked 19th largest among national independent broker-dealers by Financial Advisor Magazine, based on revenue.

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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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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 TECHNOLOGY

Habitat for Humanity International launches initiative to address the Black homeownership gap in the U.S.

Habitat for Humanity International | June 14, 2022

Leveraging funds provided in part by MacKenzie Scott's transformational donation, Habitat for Humanity International is launching a new initiative to address the racial homeownership gap—which now stands at nearly 30 percent, the widest it has been in more than 40 years. Habitat's Advancing Black Homeownership initiative deepens our commitment to increase homeownership opportunities for Black individuals and families—and address the racial and systemic bias that has stymied access to homeownership for generations—through programs that will help end the social and economic disparity many Black people and communities of color continue to face. Habitat is initially investing more than $25 million over the next three to five years—with a goal of raising $100 million or more—to develop and launch a slate of new programs, including an equitable commercial lending strategy and property acquisition fund through Habitat Mortgage Solutions, our community development financial institution. "These efforts are designed to help Black families build intergenerational wealth through homeownership and other strategic supports, such as developing more inclusive communities, increasing the availability of affordable homes near public transportation and jobs, and transforming concentrated areas of poverty into areas of opportunity," said Adrienne Goolsby, senior vice president of the U.S. and Canada for Habitat for Humanity International. "Ultimately, we want to reduce the impact a century of discriminatory housing policies has had on the Black community." Other initiative programs include financial coaching and counseling to help Habitat affiliates address the needs of applicants along their homeownership journey; a national Black homeowner advisory group to help Habitat for Humanity International develop strategies and implement programs to help increase Black homeownership; expanded advocacy outreach through the Cost of Home campaign; and collaborative efforts with affordable housing partners. Funding opportunities will also be made available to Habitat affiliates doing innovative work to help increase Black homeownership. Our mission is driven by our theological imperative to seek justice and to have mercy. Doing so through this work, we put God's love into action and help further our mission to build homes, communities and hope." Jonathan Reckford, CEO of Habitat for Humanity International About Habitat for Humanity International Driven by the vision that everyone needs a decent place to live, Habitat for Humanity found its earliest inspirations as a grassroots movement on an interracial community farm in south Georgia. Since its founding in 1976, the Christian housing organization has grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower.

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Spotlight

The primary purpose of this publication is to present an accessible guide on the many topics pertaining to the process of starting a 501 (c)(3) organization with the sound construction needed to be successful and sustainable. The materials presented are based upon nonprofit best practices, and though there will be a brief mention of other types of tax exempt organizations for educational purposes, the focus of this guide is on the 501 (c)(3) organization. It is the Oklahoma Center for Nonprofits’ mission to educate nonprofit leaders and staff on best practices so that they can grow, develop, and accomplish their stated missions.

Resources