Financial Services

Here’s a question for you: Does location determine the level of donor generosity? When we think about our economy, we know that there are people who make a higher income in certain parts of the country and those who make a lower income on other parts of the country...

BitGive Foundation, a nonprofit organization, announced the launch of the beta version of GiveTrack, a blockchain-based platform that allows donors to donate bitcoin to charitable causes and track those donations in real-time. Connie Gallippi, founder of BitGive, made the announcement yesterday at Money20/20, a four-day payments and finance event in Las Vegas. “It is a…

Regulators are scrutinizing the new red-hot fundraising trend in which start-ups and blockchain companies bring in millions of dollars by issuing virtual tokens to investors in exchange for money. But one Japanese billionaire investor thinks that, with time, the so-called initial coin offerings (ICOs) will become one of the "greatest major methods" for start-ups to…

The World Bank’s International Finance Corporation (IFC) aims to raise an extra $1 billion within a year as part of a planned $5 billion infrastructure investment fund, an official said, with China’s Belt and Road program offering more opportunities. IFC this year raised $1.1 billion from Allianz and Eastspring Investments, the Asian asset management business…

Welcome back to #NPPTrendingNow, a weekly video series where NonProfit PRO Editor-in-Chief Nhu Te breaks down the top three coveted stories of the week. Here's what we've got going on for you this week: Nonprofit HR's newly released report on nonprofit talent and culture practices; three tips for effective multi-dimensional segmentation; and Social Solutions' new report on what funders are looking for in nonprofit organizations...

Our sector is all about the promotion of social good. All of you are fighting day in and day out to raise awareness and find solutions to your organization’s mission. Whether it’s fighting child slavery, ending hunger or finding treatments for deadly diseases, you are all in this to create a better world...

Facebook chief operating officer Sheryl Sandberg just made her second $100 million charitable donation in less than a year. At the end of July, Sandberg donated 590,000 Facebook shares worth nearly $100 million to the Sheryl Sandberg & David Goldberg Family Fund, a philanthropic fund at Fidelity Charitable, according to a regulatory filing released on Thursday. This donation follows a similar…

Much has been written about big data initiatives and the efforts of market leaders to derive critical business insights faster. Less has been written about initiatives by some of these same firms to apply big data and analytics to a different set of issues, which are not solely focused on revenue growth or bottom line…

Donor-advised fund provider Schwab Charitable has reported a record $1.57 billion in grants in fiscal year 2017, a 34 percent increase from the previous year. In addition, the organization’s donors supported over 65,000 charities and recommended over 309,000 grants, a 29 percent increase from 2016...

Donor-advised fund provider Schwab Charitable has reported a record $1.57 billion in grants in fiscal year 2017, a 34 percent increase from the previous year, according to a press release. In addition, the organization’s donors supported over 65,000 charities and recommended over 309,000 grants, a 29 percent increase from 2016. “This is the third year […]