FUNDRAISING, FINANCIAL MANAGEMENT
First Nations Finance Authority | September 06, 2022
The First Nations Finance Authority (FNFA) has signed a memorandum of understanding with BFL CANADA, one of the largest employee-owned and operated insurance brokerage firms in Canada, which takes the initial steps toward establishing the first-ever non-profit Indigenous-owned insurance model for Indigenous communities and businesses in Canada.
"Access to insurability is a major barrier facing First Nations in their efforts to build healthy and prosperous communities, Providing Indigenous communities with access to broad insurance coverage at affordable rates would be a major step forward on the path to economic reconciliation, It is time that our communities and businesses operate and fully own a National Indigenous Insurance Model."
-Ernie Daniels, President, and CEO of the FNFA.
FNFA's Ernie Daniels and BFL CANADA CEO, Founder and President Barry F. Lorenzetti signed a Memo of Understanding to move forward to test the feasibility of the model. We are committed to being a part of this project which will establish a collaborative alternative risk transfer model that serves communities effectively, creates new jobs and careers, and develops new sources of revenue for Indigenous communities, said Mr. Lorenzetti. This is how we begin to take action toward economic reconciliation within the insurance industry. First Nations leaders from across turtle island have come forward in support of the initiative requested to participate in this study.
First Nations communities and organizations have limited options in finding insurance for community-owned assets and economic development initiatives and are often forced to accept take-it-or-leave-it offers at higher cost. FNFA's proposed model is being developed in collaboration with Indigenous partners, government, and industry. Its aim is to empower Indigenous communities and organizations to own and manage a collective insurance and risk management program which would enhance the economic strength and well-being of their communities.
As a non-profit, Indigenous-led lending institution, FNFA has provided over $1.7 billion in low-cost loans to First Nations to help bridge the huge $30 billion infrastructure gap that exists between Indigenous communities and the rest of Canada. The FNFA is determined to bring the same kind of innovative approach to developing an Indigenous insurance and risk management program.
Every Rez spends tens of thousands of dollars annually on business and home insurance. It's time to all work together to create our own insurance company. Chief Clarence Louie Osoyoos Indian Band
Every First Nation and Indigenous Business in Canada has a need for insurance coverage and millions of dollars are spent annually. We need to collectively own and manage this spend to benefit all communities. It's time to create our own insurance company!" Robert Louie Chairman, Lands Advisory Board
About the First Nations Finance Authority (FNFA):
The FNFA is a not-for-profit First Nation institution that plays a crucial role in the social and economic development of First Nations across Canada by providing qualifying First Nations with access to the capital markets at competitive rates. Established by the federal First Nations Fiscal Management Act in 2005, FNFA is by First Nations, for First Nations. The FNFA will continue to expand and diversify, looking to strengthen its credit rating and increase the financial benefits to its growing membership.
About BFL CANADA:
Founded in 1987 by Barry F. Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits Consulting services firms in North America. The firm has a team of over 1,100 professionals located in twenty-four cities across the country. BFL CANADA is a founding Partner of Lockton Global LLP, a partnership of independent insurance brokers who provide Risk Management, Insurance and Benefits Consulting services in over 140 countries around the world.
PCL Construction | November 24, 2022
For the past 13 years, PCL Construction's offices across the country have participated in a campaign to donate nearly $1.5 million to date to local food banks, $60,000 this year alone.
Soaring food prices along with increased energy and housing prices has made it challenging for millions of Americans to put food on the table this year – one of the many reasons why PCL supports food banks across the U.S. According to the latest Consumer Price Index, the food-at-home index, a measure of price changes at the grocery store, has increased 12.4% over the last 12 months. According to Farm Bureau, the average cost of Thanksgiving dinner has increased by a record-breaking 20%, presenting challenges for many families this holiday season.
"For PCL, it's not just about the buildings we build, it's about the communities we support along the way, PCL first saw a need to support local food banks after the Great Recession and we continue to see a need year after year. I am proud of the work PCL is doing to help the millions of Americans facing food insecurities so they too can enjoy a Thanksgiving meal."
-Deron Brown, president and chief operating officer, U.S. operations PCL.
PCL's U.S. offices are contributing to the following 18 local food banks for a grand total of $60,000 donated over the holiday season:
Denver: Food Bank of the Rockies.
Honolulu: Hawaii Foodbank.
Maui: Maui Food Bank.
Los Angeles: Los Angeles Regional Food Bank.
Orange County: Orange County Food Bank.
San Diego: San Diego Food Bank.
Bakersfield: Golden Empire Gleaner's.
Seattle: Food Lifeline and Northwest Harvest.
Minneapolis: Second Harvest Heartland.
North Dakota: Northlands Rescue Mission and St. Joseph's Food Pantry.
Orlando: Second Harvest Foodbank and Pantry of Broward.
Phoenix: St. Mary's Food Bank and Nourish Phx.
Tampa: Feeding America.
Houston: Houston Food Bank.
According to the USDA, more than 34 million people, including 9 million children in the United States are food insecure and organizations like Feeding America need our help.
About PCL Construction:
PCL is a group of independent construction companies that carries out work across the United States, Canada, the Caribbean, and in Australia. These diverse operations in the civil infrastructure, heavy industrial, and buildings markets are supported by a strategic presence in more than 30 major centers. Together, these companies have an annual construction volume of more than $6 billion USD, making PCL one of the largest contracting organizations in North America.
NONPROFIT MANAGEMENT, NONPROFIT TECHNOLOGY
Digitunity | September 07, 2022
Digitunity, a national nonprofit organization that connects low-income people with the computer donations they need, today announced that Onepak has signed The Corporate Pledge to End the Digital Divide as a Cornerstone Partner in the quest to improve digital equity throughout the country.
Since the mid-1980s, Digitunity, its predecessor organization, and community partners have placed hundreds of thousands of computers with people in need. Providing that technology is essential for helping people to succeed in school, participate in the economy, and improve their communities.
"We're thrilled to have an organization like Onepak, with its foresight, social consciousness, and reach, join us in our mission to close the digital divide, With Onepak as a partner, we'll be able to elevate the issue, accelerate our efforts, and help more community-based organizations obtain the technology they need for their constituents."
-Scot Henley, Executive Director of Digitunity.
Onepak is a logistics technology company whose software platform and services facilitate the return, reuse, and recycling of IT and other hardware assets. As organizations of all sizes focus increasingly on sustainability, Onepak can track and report the impact of ESG efforts and help facilitate Digitunity's mission at the same time. Onepak is uniquely positioned to redirect the flow of used IT assets toward organizations that address digital equity in the U.S.
"As a company committed to bending the supply chain into a circle with sustainability at the core of our mission, partnering with Digitunity not only makes sense as a business but aligns with our values entirely, We're eager to turn this pledge into genuine action to close the digital divide in our society to the betterment of everyone involved."
-Steve Andon, CEO and Co-founder of Onepak.
An estimated 36 million people in the U.S. don't have a computer at home, and tens of millions of households lack access to basic technology most people take for granted, including reliable internet access, a computer, and the skills to use digitally-connected devices. The problem disproportionately affects communities of color, but persists across all boundaries.
This disparity between resourced and under-resourced communities is known as the "digital divide." It permeates into every aspect of life, creating educational, economic, and career disenfranchisement. Children are unable to complete homework. Parents cannot search for and apply for jobs. Families are cut off from access to community services.
Through the Corporate Pledge to End the Digital Divide, Digitunity hopes to align the support and collective voice of influential, resourceful organizations in business, government, education, philanthropy, and community organizations with the passion and dedication of their Digital Opportunity Network, which includes nearly 1,500 frontline, community-level groups.
The solution to expanding device ownership cannot be to simply buy new devices. Instead, a sustainable, long-term solution is to shift the way corporate IT assets are handled at end of life, according to Susan Krautbauer, Senior Director of Strategy and Development at Digitunity. This decommissioned technology, repurposed for community support, can make owning a computer more attainable for more people. Technology reuse is a practical, environmentally friendly solution for expanding device ownership.
This national-scale gap in opportunity is multi-faceted and pervasive. It results from a number of interwoven, systemic issues. Solving it will require building and expanding collaborations on a similar scale. It is the reason Digitunity launched the Corporate Pledge to End the Digital Divide.
Because of the nature of this issue, we believe fostering collaboration and relationships between entities throughout the community, businesses, service providers, community leaders, volunteers, government representatives, academics, and the media is critical for creating an inclusive future, said Krautbauer. No one organization can do this alone. But together, we can ensure underrepresented, marginalized people have access to the technology they need to thrive in the modern economy.
The four pillars of Digitunity's pledge are:
Access to Technology - People must have access to secure, reliable, and connected large-screen devices to work, learn, and develop the skills they need.
Digital Skills & Education - Digital literacy is fundamental to education, finance, employment, telehealth, communication, security, community, and efficiency.
Community Engagement & Impact - Those in need benefit most from engaged people and organizations in their communities. Those systems need to enable and sustain impact.
Achieving Change - There is a direct line from racial inequity to poverty, and poverty to the digital divide. The corporate sector is a critical partner in developing innovative solutions that can benefit marginalized communities while having broad societal beneﬁts.
Each organization that commits to the Corporate Pledge to End the Digital Divide is:
Provided ongoing opportunities for active participation and engagement to bolster desired outcomes.
Receiving access to a variety of tools, resources, research, and thought-leadership opportunities.
Recognized by name and organization on the Corporate Pledge webpage on the Digitunity website.
Included in a quarterly press release announcing new organizations that join.
Featured in promotional and media campaigns to promote overall participation and adoption.
We're thrilled with the commitments we've received so far. We welcome everyone who wants to join in the coming months, adds Krautbauer. Together, we can move beyond incremental change to create a future where everyone can thrive in education, employment, and connectedness.
Since the 1980s, Digitunity has advanced digital inclusion by connecting donors of technology with organizations serving people in need. Our mission is to ensure everyone who needs a computer has one, along with robust internet connectivity and digital literacy skills.
Onepak bends the traditional linear supply chain into a sustainable circle. ReturnCenter, the company's online carbon-neutral logistics platform, connects shippers, receivers, carriers, and their enterprise management tools on one scalable system. The platform delivers complete visibility into the chain of custody, access to a flexible network of over 400 trained logistics partners covering every U.S. zip code, and numerous tracking and reporting capabilities.
As a demonstration of Onepak's focus on being an authentic ESG-driven company, the company has sustainably executed more than two billion pounds of product returns for a global customer base that features leading organizations like Dell, IBM, United Technologies, Carrier, Diebold, General Motors, Toyota, US Bank and DLL Group.
FUNDRAISING, NONPROFIT TECHNOLOGY
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.