Financial Services

Mastercard's Big Data for Good Initiative: Data Philanthropy on the Front Lines
August 11, 2017 at 10:43 am

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…

Schwab Charitable Reports $1.5B in Grants in 2017
July 11, 2017 at 10:19 am

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...

What You Need to Know about Nonprofit Executive Compensation
July 10, 2017 at 11:46 am

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 […]

Bitcoin Donations to a $16B Charitable Fund Are Soaring
June 30, 2017 at 9:57 am

Bitcoin is red hot these days. The price of the cryptocurrency is up about 140 percent since the beginning of this year. And now it looks like bitcoin's popularity among the charitable is also on the rise. According to the recently released Fidelity Charitable 2017 Giving Report, donations made in bitcoin to Fidelity Charitable, a $16 billion…

LENDonate Uniting Nonprofits, Funders With New Hybrid Online Lending Platform
June 28, 2017 at 11:39 am

On June 22, LENDonate announced the launch of its hybrid online lending platform, which simultaneously sources donations and loans to 501(c)(3) nonprofit organizations. This platform is the first of its kind, bringing together nonprofits with funders for quick funding of high-quality, low-cost loans...

Should You Invest in Account Updater for Monthly Donors?
June 26, 2017 at 11:45 am

Account updater (also called account recycling or account recovery) is becoming more and more popular. Some donor base systems have started offering it for a small fee. Some systems charge a flat fee every month, and some charge a small fee based upon the amount to be recovered...

New Technology Platforms Brings Together Foundations, Nonprofits for More Impactful Outcomes
June 15, 2017 at 12:16 pm

When it comes to a nonprofit organization’s mission, relationships are important. It is imperative for nonprofits to use everything at their disposal to reach their mission’s goals. It’s a known fact that technology is constantly evolving. It’s easy to think of technology and relationships as two separate entities, but what if we melded the two together to achieve “the bigger picture”?…

#NPPTrendingNow Ep. 4: All About Donor-Advised Funds
June 2, 2017 at 11:13 am

This week, we received lots of love on our April cover story about donor-advised funds, followed by Pamela Barden's blog post, where she shares three things to consider when fundraising is no longer "fun," and Pamela Grow's blog post, where she shares her thoughts on donor-centricity vs. community-centric fundraising...

Rise of the Donor-Advised Fund: A Fast-Growing Vehicle to Charitable Giving
May 25, 2017 at 9:41 am

In our sector, we are constantly faced with obstacles of how we can increase charitable giving; but more particularly, how can we get our donors to continue to give over the years. A donor-advised fund is an account sponsored by a nonprofit organization that enables donors to give to charities and receive tax benefits—essentially a charitable savings account…