NONPROFIT TECHNOLOGY

TIAA announces partnership with Girls in Tech to empower women in technology

TIAA | September 08, 2022 | Read time : 01:55 min

TIAA announces News
TIAA has teamed up with Girls in Tech (GIT), a global nonprofit with more than 100,000 members focused on closing the gender gap in technology careers.

"TIAA is committed to doing the hard work to understand the challenges and clear the path for women in tech, We're excited to collaborate with Girls in Tech to unlock opportunities for women in all stages of their STEM careers and empower them to reach their goals."

-Sastry Durvasula, Chief Information and Client Services Officer, and a board member for the nonprofit.

TIAA will collaborate with GIT throughout 2022 and 2023 for multiple initiatives including the GIT Hackathon, Startup Challenge, Digital Career Fair, Mentorship Program, Cybersecurity Webinars and the upcoming Girls in Tech conference.

"Joining forces with TIAA, a mission-driven organization with more than 100 years serving others, is an important milestone in our journey, This collaboration will elevate our positive impact in building the diverse and inclusive tech workforce the world needs."

-Adriana Gascoigne, Girls in Tech Founder and CEO.

The Girls in Tech Conference will take place in-person in Nashville, Wednesday, Sept. 7. Participants from all over the world will gather to find community, sharpen their skills, learn how to advance their careers in tech, and discover companies that are leveraging technology to drive change and growth within their industries. Most importantly, they will learn how they can be a part of that change.

Wendy Harrington, Chief Information Officer, TIAA Wealth and Corporate Technology, will deliver a keynote address about her own career journey in her talk titled Destination Unknown: Enjoy the Journey.

TIAA ambassadors and recruiters will be on hand at the expo to discuss the exciting technology agenda, job openings and culture at TIAA, as well as share stories of their own career paths in technology.  

About TIAA:
TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider1, paid more than $6.4 billion in lifetime income to retired clients in 2021 and has $1.2 trillion in assets under management (as of 6/30/2022)2.

Spotlight

At Credit Suisse, we believe that capacity building is essential for non-profit organizations (NPOs) to succeed in their mission and achieve greater impact. In APAC, Credit Suisse Corporate Citizenship has been funding a series of workshops for NPOs, including a learning exchange program that is featured in this video.


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NONPROFIT TECHNOLOGY, PHILANTHROPY

MOZAIK Philanthropy Launches an Emergency Open Call for Global Artists to Submit Art in Solidarity with the Women-Led Protests for Freedom in Iran

MOZAIK Philanthropy | October 13, 2022

MOZAIK Philanthropy's 5th Future Art Awards: WOMAN. LIFE. FREEDOM. is an arts-based expression of solidarity with the brave women of Iran, in their intersectional movement for freedom and human rights. Women and men throughout the country…and people all over the world, are rising up to protest the tragic death of 22-year-old woman Mahsa (Zhina) Amini, who died in police custody after being reportedly beaten by Iranian morality police on September 16th, 2022. Countless other people have now lost their lives or have been arrested by the Iranian regime in this escalating humanitarian crisis, including artists, writers, journalists, political dissidents, and even children. MOZAIK Philanthropy has launched this emergency open call-to-action as an invitation to global artists wishing to use their art to express emotional support of the women in Iran at this pivotal moment in history. There are over 5-million artists in the United States alone. Together with the potential power of the greater global creative community, MOZAIK Philanthropy hopes this international open call for art will demonstrate unity around the values of freedom, equality, and justice, as human rights for all, especially for the women in Iran willing to risk their lives for freedom. MOZAIK Philanthropy condemns all forms of violence against women, including state-sanctioned violence. As an organization, we are in solidarity with the women of Iran, and all women around the globe fighting for the rights of women, asking for freedom from violence, oppression, and violations of human rights of bodily autonomy and privacy. Mahsa's loss is a tragedy for her family, the Iranian nation, and the entire world. "Mahsa's name reverberates around the world. In her name, people are standing up and saying "no" to the repression of every woman's sovereignty, human rights, and bodily autonomy. Iranians are not just protesting the compulsory hijab, or the morality police, they are protesting against gender apartheid, We are honored to launch the Future Art Awards: WOMAN. LIFE. FREEDOM. to chronicle the significance of this moment through the power of art." -Keely Badger Executive Director, MOZAIK Philanthropy. Since launching the Future Art Awards in 2020, MOZAIK Philanthropy has awarded over 350 U.S. artists with artist support grants and virtual exhibition exposure, covering front-line social and environmental justice issues through contemporary art as a medium for social change. Winning artists have included photographers, painters, sculptors, street artists, muralists, mixed-media artists, visual, multi and interdisciplinary artists, illustrators, animators, 3D artists, NFT artists, cartoonists, technologists, shorts filmmakers, poets, art writers, composers, weavers, dancers, and creative performers.

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FUNDRAISING, NONPROFIT TECHNOLOGY

Wells Fargo Donates $300,000 in Support of Disaster Relief in Puerto Rico

Wells Fargo | September 21, 2022

Wells Fargo is donating $300,000 from the Wells Fargo Foundation to support three organizations providing urgent relief in Puerto Rico following Hurricane Fiona. The funding to the Hispanic Federation, SBP, and World Central Kitchen will focus on necessities like meals and supplies as well as resources for rebuilding efforts. “We understand the urgency when natural disasters hit – especially in Puerto Rico, where communities are still recovering from Hurricane Maria, At times like this, our company supports the resilience of Puerto Rico and is quickly deploying resources to help meet the many needs unfolding in the aftermath of this storm.” -Otis Rolley, president of the Wells Fargo Foundation and head of Philanthropy and Community Impact. The donation will support on-the-ground activities in Puerto Rico through $100,000 grants to: Hispanic Federation, an advocacy organization engaged in rebuilding Puerto Rico through housing and community development, small business support, health services, and emergency assistance, among other initiatives. Hispanic Federation will focus on emergency access to food, water and supplies. SBP (formerly St. Bernard Project), a long-term home rebuilding and disaster response organization with existing operations in Puerto Rico. SBP will assess damage, distribute supplies, help people navigate federal assistance and rebuild homes for impacted families. World Central Kitchen, which provides meals in response to humanitarian, climate, and community crises. World Central Kitchen is serving freshly prepared meals to the most impacted with the help of local community members. In addition, the company provides annual funding to the American Red Cross to help communities prepare for disasters big and small. This ongoing support to the Red Cross’ Annual Disaster Giving Program will help the Red Cross provide food, emergency shelter, relief supplies, and comfort to those affected. About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.

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businesswire

New Study Reveals Gig Workers Need Unique Benefits to Reduce Financial Challenges

Commonwealth | November 23, 2022

Despite rapid growth of the U.S. gig economy, the majority of gig workers remain underserved as they face a variety of unique and pressing financial challenges, and lack effective tools to help them achieve financial stability. According to new research led by nonprofit Commonwealth and supported by Green Dot Corporation (NYSE: GDOT), Gig Wage, and Steady, most of today’s gig workers face persistent income volatility and have little or no savings for emergency expenses. Additionally, the study focused on what employer benefits may be most effective in reducing the impact of income volatility on gig workers. “The U.S. gig economy has seen dramatic growth and expansion, accounts for a significant portion of our jobs, and plays an important role in many of our lives, We are proud to partner with Commonwealth to learn more about the needs and challenges of this critical segment of workers and consumers so that we can build tools and experiences to better serve and empower them, both directly and through our partners.” -Greg Quarles, CEO, Green Dot Bank. The research report, Evaluating the Impact of Income Volatility Benefits on Gig Workers, evaluated the impact of one of three financial interventions randomly assigned across two cohorts of gig workers. Participants were eligible for up to $1,000 in funds through either a weekly stipend, emergency grant, or emergency loan over a four-month period. Key findings of the Financial Benefits Project pre-pilot included: Gig workers have little to no savings for emergency expenses. Between the two cohorts, around 70-80 percent of gig workers had $1,000 or less in savings, and more than 40 percent had no savings at all. $1,000 provided short-term financial relief and reduced stress. At the start of the program, most participants did not have the resources to manage a $1,000 expense. For many, the $1,000 interventions provided short-term financial relief and reduced stress. Financial hardships were frequent and expensive. Three in four gig workers (76 percent) surveyed after receiving weekly stipends had experienced a financial hardship of more than $1,000, with a third (32 percent) experiencing three or more. 79 percent said their financial hardship prevented them from working. Financial support needed for necessities. Across all three interventions, gig workers cited their top financial hardships as paying rent, utilities, auto, or other basic expenses. “Gig work has gained traction and appeal for a number of reasons — not the least of which is the flexibility and agency it can provide workers, But non-traditional work can create financial challenges. This important pre-pilot demonstrates that more research into the unique financial needs of gig workers is needed.” -Timothy Flacke, Co-Founder and Executive Director, Commonwealth. Economic empowerment is everything. This research and data are foundational to unlocking key insights to building technology and services that can truly provide a financial social safety net to tens of millions of everyday hard-working people, said Craig J. Lewis, Founder & CEO, Gig Wage. Understanding how money moves through the gig economy and how gig workers receive and spend their money is critical to solving the challenges that plague so many underserved, underbanked, and credit invisible individuals. This study is a great step in the right direction to help inform all constituents from Capitol Hill and academia to corporations and independent contractors alike. This research further reinforces the fact that millions of non-standard workers are facing incredibly precarious financial situations — and demonstrates the potential of cash assistance programs in helping address that challenge, said Adam Roseman, CEO, Steady. This is about providing both employers and policymakers with the data and tools to better help those workers chart a path to financial stability. The Financial Benefits Project pre-pilot evaluated 138 gig workers across two cohorts, with 51 percent identifying as African American/Black, 74 percent identifying as female, and 62 percent earning less than $40,000 a year. Compared to service-sector employees, a greater percentage of gig workers earn less than minimum wage, have lost earnings from technical difficulties, have used SNAP benefits, and are not able to cover utility payments in full.1 Due to these barriers to financial security, gig workers are often unable to build emergency savings and are caught in a cycle of financial insecurity. About Green Dot: Green Dot Corporation (NYSE: GDOT) is a financial technology and bank holding company committed to giving all people the power to bank seamlessly, affordably, and with confidence. Green Dot's technology platform enables it to build products and features that address the most pressing financial challenges of consumers and businesses, transforming the way they manage and move money and making financial empowerment more accessible for all. Green Dot offers a broad set of financial services to consumers and businesses including debit, checking, credit, prepaid, and payroll cards, as well as robust money processing services, tax refunds, cash deposits and disbursements. Its digital bank GO2bank offers consumers simple and accessible mobile banking designed to help improve financial health over time. The company’s banking platform services (or “BaaS”) business enables a growing list of the world’s largest and most trusted consumer and technology brands to deploy customized, seamless, value-driven money management solutions for their customers. Founded in 1999, Green Dot has powered more than 33 million accounts directly, and many millions more through its partners. The Green Dot Network of more than 90,000 retail distribution locations nationwide, more than all remaining bank branches in the U.S. combined, enables it to operate primarily as a “branchless bank.” Green Dot Bank is a subsidiary of Green Dot Corporation and member of the FDIC2. About Gig Wage: Gig Wage is the first FinTech payroll platform created specifically for the 1099 economy and builds comprehensive technology products that take into consideration how money moves through the entire gig ecosystem, not just how it gets to workers. Gig Wage’s proprietary technology is shaping the modern financial infrastructure for the future of work by tackling the complex challenge of handling contractor payroll, payments, and compliance.Gig Wage considers accounts receivable, banking, accounts payable, consumer spending and, above all, the people that the money impacts. The company’s unique technology enables employers to instantly pay 1099 workers with more control, flexibility and scale, while simultaneously offering independent contractors a convenient and efficient way to receive payments. About Steady: Steady was founded in 2017 to make data work for the non-standard workforce. Today, the platform helps nearly 6 million members earn, on average, over $5,500 more per year. We also address systems-level change to improve financial outcomes for the workers we serve. From our work in providing emergency cash grants to expanding benefit access to uncovering data on the effectiveness of policy solutions, we help employers, governments, and financial institutions make their systems work better for non-standard workers. By extracting insights from data on more than 1.5 billion enriched financial transactions and over 151 billion enriched deposits, we help streamline benefits administration, quantify earnings, expand access to credit, reduce fraud, and increase equity for the workers who now make up one-third of the U.S. labor force. About Commonwealth: Commonwealth is a national nonprofit, building financial security and opportunity for financially vulnerable people through innovation and partnerships. Black, Latinx, and female-led households disproportionately experience financial insecurity due in large part to longstanding, systemic racism and gender discrimination. Addressing these issues is critical to Commonwealth’s work of making wealth possible for all. For nearly two decades, Commonwealth has designed effective innovations, products, and policies enabling over one million people to accumulate more than $7 billion in savings. Commonwealth understands that broad changes require market players to act. That’s why we collaborate with consumers, the financial services industry, employers, policymakers, and mission-driven organizations. The solutions we build are grounded in real life, based on our deep understanding of people who are financially vulnerable and how businesses can best serve them.

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FUNDRAISING, NONPROFIT TECHNOLOGY

CURE ALZHEIMER'S FUND REACHES $150 MILLION IN RESEARCH GRANTS

CURE ALZHEIMER'S FUND | September 26, 2022

Cure Alzheimer's Fund, a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer's disease, announced today that it has reached an important milestone—awarding more than $150 million in research grants to many of the leading scientists throughout the world investigating the disease. Since its establishment in 2004, Cure Alzheimer's Fund (CureAlz) has supported more than 670 innovative projects led by 249 scientists resulting in 948 published peer-reviewed papers in prominent scientific journals. Many of these projects have yielded significant breakthroughs, resulting in findings contributing to new and critical avenues for development of novel treatments. "We are fortunate to work with many of the world's foremost scientists who are passionate about finding a solution and eradicating Alzheimer's disease. For 18 years, our Founders and Board of Directors have remained committed to allowing and encouraging the researchers we fund to follow the science and explore their hypotheses, There is great momentum with the research, and new discoveries are being made every day. We are honored to have been the recipients of the generosity of more than 60,000 donors who have made this research possible." -Tim Armour, president and CEO of Cure Alzheimer's Fund. Funded projects have included: The Alzheimer's Genome Project™, the first large-scale, family-based study of the human genome specific to Alzheimer's disease. A consortium testing large libraries of FDA-approved drugs and natural products to determine those that may be beneficial against Alzheimer's disease. A consortium of experts to expand our understanding of the role of the APOE gene with Alzheimer's disease. About Cure Alzheimer's Fund: Cure Alzheimer's Fund is a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer's disease. Since its founding in 2004, Cure Alzheimer's Fund has contributed more than $150 million to research, and its funded initiatives have been responsible for many key breakthroughs. Cure Alzheimer's Fund has received a 4-star rating for more than 10 consecutive years from Charity Navigator. With 100% of funds raised going to support research, Cure Alzheimer's Fund has been able to provide grants to many of the best scientific minds in the field of Alzheimer's research.

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Spotlight

At Credit Suisse, we believe that capacity building is essential for non-profit organizations (NPOs) to succeed in their mission and achieve greater impact. In APAC, Credit Suisse Corporate Citizenship has been funding a series of workshops for NPOs, including a learning exchange program that is featured in this video.

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