Inode

GoFundMe Launches DAFpay as a Payment Method in Partnership with Chariot

Retrieved on: 
Dienstag, Mai 28, 2024

GoFundMe, the trusted leader in online fundraising, today announced the addition of DAFpay as a payment method, enabling direct, easy, and secure payments to qualified GoFundMe fundraisers directly from donor-advised funds (DAFs).

Key Points: 
  • GoFundMe, the trusted leader in online fundraising, today announced the addition of DAFpay as a payment method, enabling direct, easy, and secure payments to qualified GoFundMe fundraisers directly from donor-advised funds (DAFs).
  • As a result of the partnership between GoFundMe and Chariot, donors now have the option to support over 1 million U.S. charities on GoFundMe and make a direct impact with their DAF dollars.
  • "Through DAFpay, donors gain the flexibility to make a meaningful impact quickly and securely, within the trusted GoFundMe fundraising experience they know and love.”
    “DAFs are the fastest growing vehicle in philanthropy and a tremendous opportunity in the field of online fundraising,” said Salo Serfati, CEO of Chariot.
  • “Bringing easy DAF giving to GoFundMe will significantly increase DAF usage, which benefits donors, nonprofits and DAFs themselves.”
    For more information about how to use DAFpay on GoFundMe, please visit here .

Impact Capital Managers Celebrates the Five Year Anniversary of the Mosaic Fellowship Program with Largest Cohort to Date

Retrieved on: 
Dienstag, Mai 7, 2024

NEW YORK, May 7, 2024 /PRNewswire/ -- Impact Capital Managers, the leading network of private capital fund managers investing for superior returns and meaningful impact, is proud to announce the fifth Mosaic Fellowship cohort of 25 graduate students.

Key Points: 
  • NEW YORK, May 7, 2024 /PRNewswire/ -- Impact Capital Managers, the leading network of private capital fund managers investing for superior returns and meaningful impact, is proud to announce the fifth Mosaic Fellowship cohort of 25 graduate students.
  • The Fellowship is a highly competitive summer program placing top-performing graduate students at ICM member funds, with the objective of advancing traditionally underrepresented talent.
  • The 25 winners , selected from an applicant pool of over 350 applicants, represents the largest cohort to date.
  • "My participation in the Mosaic Fellowship has truly come full circle," said Jessica Singh, former Mosaic Fellow and current Associate at Ecosystem Integrity Fund (EIF).

National Philanthropic Trust Appoints Holly Welch Stubbing President and Chief Executive Officer

Retrieved on: 
Donnerstag, April 25, 2024

The Board of Trustees of National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce the appointment of Holly Welch Stubbing as NPT’s new president and chief executive officer.

Key Points: 
  • The Board of Trustees of National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce the appointment of Holly Welch Stubbing as NPT’s new president and chief executive officer.
  • Welch Stubbing will assume her roles effective July 1, 2024, upon the retirement of Eileen R. Heisman from NPT.
  • “Holly has all the attributes we wanted in the next leader of NPT and its exceptionally talented team,” said Linda K. Myers, board chair, National Philanthropic Trust.
  • These skills, as well as her keen focus on client service, will deliver long-term value for NPT.”
    Welch Stubbing joins National Philanthropic Trust after serving since 2017 as president and CEO of E4E Relief, a national charitable organization offering emergency financial relief programs for global companies and communities.

New Study: With donor-advised funds, unexpected giving leads donors to expand their philanthropy

Retrieved on: 
Mittwoch, April 17, 2024

The study reveals a continued increase in support from all Vanguard Charitable donors, specifically around long-term, expected giving and responsive, unexpected giving.

Key Points: 
  • The study reveals a continued increase in support from all Vanguard Charitable donors, specifically around long-term, expected giving and responsive, unexpected giving.
  • "This year's Why Giving Matters report underscores the essential role DAFs play in facilitating not only long-term planned giving, but unexpected giving as well.
  • Over 72% of donors identified two or more types of events as inspiring their unexpected giving, suggesting donors respond to a variety of prompts for giving.
  • Over the last ten years, Vanguard Charitable donors' expected giving has grown 17% per year, while unexpected giving has grown 24% per year.

National Philanthropic Trust Names Linda K. Myers Chair of the Board of Trustees

Retrieved on: 
Dienstag, April 9, 2024

National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.

Key Points: 
  • National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.
  • She has served as vice chair of NPT’s Board of Trustees and chair of the Compensation and Human Resources Committee.
  • “Linda’s extensive experience in law, business, and governance, along with her lifelong dedication to philanthropy, is an excellent foundation for her to be NPT’s board chair,” said Eileen Heisman, CEO of National Philanthropic Trust.
  • “Linda joined NPT’s Board of Trustees in the early days of the pandemic and quickly became a strategic voice on the board and in her committee leadership.

National Philanthropic Trust Donor-Recommended Grants to Charities Surpass $4.94 Billion in 2023

Retrieved on: 
Donnerstag, Februar 22, 2024

National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), granted $4.94 billion to qualified charitable organizations in the U.S. and 51 other countries on behalf of its donors in 2023.

Key Points: 
  • National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAF), granted $4.94 billion to qualified charitable organizations in the U.S. and 51 other countries on behalf of its donors in 2023.
  • NPT donors recommended a historic 119,801 grants to over 39,035 charitable organizations last year.
  • Through Calendar Year 2019 (the last complete calendar year prior to the COVID-19 pandemic) to 2023, the total value of NPT grants to charitable organizations grew 196% from $1.67 billion to $4.94 billion, the number of grants grew 91% from 62,858 to 119,801, and the number of charities that received grants grew 65% from 23,595 to 39,035.
  • “The 2023 NPT grantmaking data affirms that DAF donors have sustained generosity,” said Eileen Heisman, CEO of National Philanthropic Trust.

Donors made £84 million in grants from NPT UK and NPT Transatlantic's donor-advised funds last year

Retrieved on: 
Montag, Februar 26, 2024

LONDON, Feb. 26, 2024 /PRNewswire/ -- National Philanthropic Trust UK (NPT UK) and NPT Transatlantic (NPT TA) granted £84 million on behalf of its donors last year, making 2023 the most impactful year for the organisations to date.

Key Points: 
  • LONDON, Feb. 26, 2024 /PRNewswire/ -- National Philanthropic Trust UK (NPT UK) and NPT Transatlantic (NPT TA) granted £84 million on behalf of its donors last year, making 2023 the most impactful year for the organisations to date.
  • The value of grants to charities from both NPT UK and NPT TA donors increased by more than 50% on the previous year (to £18.6 million and £65.4 million respectively), with donors recommending more than 1,300 grants from their donor-advised funds accounts.
  • These new milestones are further evidence of the significant growth of donor-advised funds across the UK and NPT UK's leading role in the sector.
  • "The growth in grants reflects a broader trend of more donors using donor-advised funds to manage their giving over time," said John Canady, CEO of NPT UK.

Donors made £84 million in grants from NPT UK and NPT Transatlantic's donor-advised funds last year

Retrieved on: 
Montag, Februar 26, 2024

LONDON, Feb. 26, 2024 /PRNewswire/ -- National Philanthropic Trust UK (NPT UK) and NPT Transatlantic (NPT TA) granted £84 million on behalf of its donors last year, making 2023 the most impactful year for the organisations to date.

Key Points: 
  • LONDON, Feb. 26, 2024 /PRNewswire/ -- National Philanthropic Trust UK (NPT UK) and NPT Transatlantic (NPT TA) granted £84 million on behalf of its donors last year, making 2023 the most impactful year for the organisations to date.
  • The value of grants to charities from both NPT UK and NPT TA donors increased by more than 50% on the previous year (to £18.6 million and £65.4 million respectively), with donors recommending more than 1,300 grants from their donor-advised funds accounts.
  • These new milestones are further evidence of the significant growth of donor-advised funds across the UK and NPT UK's leading role in the sector.
  • "The growth in grants reflects a broader trend of more donors using donor-advised funds to manage their giving over time," said John Canady, CEO of NPT UK.

Charityvest and OneAscent partner on a modern giving capability for wealth management clients

Retrieved on: 
Montag, Februar 12, 2024

The partnership also marks the public launch of Charityvest for Advisors , the next-generation capability powering OneGive, which can enable any wealth advisor to offer a comprehensive charitable giving program leveraging Charityvest’s modern financial technology for DAFs under their own brand.

Key Points: 
  • The partnership also marks the public launch of Charityvest for Advisors , the next-generation capability powering OneGive, which can enable any wealth advisor to offer a comprehensive charitable giving program leveraging Charityvest’s modern financial technology for DAFs under their own brand.
  • The OneGive DAF program (powered by Charityvest) is part of OneAscent's commitment to make giving a key capability as they add more value to clients.
  • "Our DAF offering through Charityvest reflects our commitment to enriching clients’ lives with innovative solutions and amplifying charitable impact through strategic giving,” said Harry Pearson, CEO at OneAscent.
  • Charityvest for Advisors will enable OneAscent to:
    Offer a branded DAF program with custom investments to clients.

Inspire Access Launches Platform to Flow Philanthropic Capital to Businesses Led by Women and People of Color

Retrieved on: 
Donnerstag, Februar 1, 2024

Inspire Access , the nonprofit dedicated to narrowing the gender and racial investment gap, today announced the launch of a new platform that leverages philanthropic capital to fund companies led by women and people of color.

Key Points: 
  • Inspire Access , the nonprofit dedicated to narrowing the gender and racial investment gap, today announced the launch of a new platform that leverages philanthropic capital to fund companies led by women and people of color.
  • “Today, less than 3% of investment capital goes to women and people of color, which is a startling statistic,” remarks Patrice King Brickman, founder and CEO of Inspire Access.
  • Inspire Access has already invested in a roster of the next generation of legendary companies and aims to expand funded organizations throughout 2024.
  • Learn more about Inspire Access at inspireaccess.org , and to make an investment inquiry, please visit https://www.inspireaccess.org/invest-donate .