Capital Good Fund

Truist Charitable Fund names 17 new grant recipients

Retrieved on: 
Wednesday, February 14, 2024

CHARLOTTE, N.C., Feb. 14, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the initial recipients of its Truist Community Catalyst Initiative, a three-year Community Reinvestment Act program supporting local efforts with statewide impact. This initiative will support 17 efforts across 13 states, impacting 54 communities, allowing local nonprofit organizations to better respond to critical community needs within their state.

Key Points: 
  • The 2023-25 Truist Community Catalyst Initiative focuses on issues within four key focus areas: affordable housing, small business access to capital, workforce development and essential community services.
  • As each program expands, grant recipients will have the opportunity to reapply for additional funding annually through 2025.
  • Grant funding will expand the nonprofit's Naturally Occurring Affordable Housing Preservation Project and Housing Loan Fund to finance and secure affordable housing units.
  • Capital Good Fund: A CDFI with a mission to create pathways out of poverty and advance a green economy through inclusive financial services.

Okta Launches Cybersecurity Workforce Development Initiative to Help Close the Tech and Cybersecurity Skills Gap

Retrieved on: 
Wednesday, October 4, 2023

The second is made up of 5,000 educational grants to unemployed professionals looking to make a career transition to cybersecurity by growing their Okta skills.

Key Points: 
  • The second is made up of 5,000 educational grants to unemployed professionals looking to make a career transition to cybersecurity by growing their Okta skills.
  • Despite the continued increase in cyber threat activity, the gap in cybersecurity talent continues to grow.
  • The 2022 (ISC)2 Cybersecurity Workforce Study identified a 3.4 million worldwide cybersecurity worker gap, with additional research indicating the broader tech talent gap at 40 million.
  • To learn more about Okta for Good and its work to help close the tech and cybersecurity skills gap, visit our website here .

Closinglock Announces New Payment Solution Powered by J.P. Morgan

Retrieved on: 
Tuesday, July 25, 2023

The new payments platform that’s powered by J.P. Morgan enables homebuyers, sellers, lenders and agents to move money quickly and safely for their real estate transactions.

Key Points: 
  • The new payments platform that’s powered by J.P. Morgan enables homebuyers, sellers, lenders and agents to move money quickly and safely for their real estate transactions.
  • The new payments solution enables earnest money, cash-to-close and any other payments to transfer within minutes.
  • Users receive instant payment verification, can track funds in real-time and utilize Closinglock’s leading security throughout the entire real estate transaction.
  • “This payments solution is the silver bullet our industry has been looking for,” said Andy White, Ph.D. and CEO of Closinglock.

WorkTorch Announces $2.2M in Additional Funding and Rebrand from QuickHire

Retrieved on: 
Monday, November 7, 2022

WICHITA, Kan., Nov. 7, 2022 /PRNewswire/ -- WorkTorch, a fast-growing service industry career platform, announces a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas. This funding investment comes as October employment numbers show people are leaving their careers faster than new hires are coming in the door.

Key Points: 
  • This funding investment comes as Octoberemployment numbers show people are leaving their careers faster than new hires are coming in the door.
  • Recently, the company rebranded from QuickHire to WorkTorch to highlight its new capabilities, including cutting-edge recruiting and retention tools for hiring managers and career resources for service-industry professionals.
  • To date, 1 in every 3 WorkTorch applicants finds a role and stays three times longer than the average employee in the U.S.
  • Since launching in April 2021, the WorkTorch platform use has grown exponentially with upwards of 1,000 scheduled interviews a month.

Guava Announces Funding Round of $2.4 Million

Retrieved on: 
Tuesday, July 26, 2022

BROOKLYN, N.Y., July 26, 2022 /PRNewswire/ -- Guava, the premier banking and networking platform for Black entrepreneurs, creators and small business owners, announced today it has closed a funding round of $2.4 million. The round was led by Heron Rock with participation from Ruthless for Good Fund, Precursor Ventures, Backstage Capital, along with notable angel investors Lexi Reese and Ed Zimmerman.

Key Points: 
  • BROOKLYN, N.Y., July 26, 2022 /PRNewswire/ -- Guava , the premier banking and networking platform for Black entrepreneurs, creators and small business owners, announced today it has closed a funding round of $2.4 million.
  • Founded by Kelly Ifill in 2021, Guava offers digital banking services and a community platform built to address the specific needs of Black entrepreneurs.
  • This is the inequity Guava is working to address," said Kelly Ifill, Founder and CEO of Guava.
  • Having spent more than a year to find the right team to back, I know Guava can unlock this massive opportunity."

Okta for Good Launches New Grant Portfolio to Improve Cybersecurity for Nonprofits

Retrieved on: 
Thursday, June 23, 2022

More than 50% of nonprofits report being targeted by cyberattacks , yet most do not have the resources to maintain adequate cybersecurity plans.

Key Points: 
  • More than 50% of nonprofits report being targeted by cyberattacks , yet most do not have the resources to maintain adequate cybersecurity plans.
  • Nonprofits are integral in doing societys most important work in coming together for common good.
  • The grantees selected are:
    CyberPeace Institute: The institute will use its $150,000 grant to expand CyberPeace Builders, connecting corporate cyber volunteers with nonprofits in need of cybersecurity training.
  • "We are grateful for Oktas support in helping nonprofits improve their cybersecurity which is a critical, yet underfunded, area.

Chevron Announces $250,000 Donation to New Mexico Wildfire Relief Efforts

Retrieved on: 
Monday, May 16, 2022

Chevron Corporation (NYSE: CVX) today announced a contribution of $250,000 from the Chevron Global Community Fund to the All Together NM Fund and Taos Community Foundation to support relief efforts for wildfires in New Mexico.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today announced a contribution of $250,000 from the Chevron Global Community Fund to the All Together NM Fund and Taos Community Foundation to support relief efforts for wildfires in New Mexico.
  • The All Together NM Fund and the Chevron Questa Grants for Good Fund at Taos Community Foundation will each receive a $125,000 donation to support immediate relief efforts throughout the state.
  • In addition, the company will match qualifying donations to wildfire relief efforts made by employees and retirees, as well as provide financial contributions to non-profit organizations where employees volunteer.
  • Taos Community Foundation is currently awarding grants to support direct assistance for those impacted by wildfires in northern New Mexico.

Mitek Systems Announces Election of New Board Members and Appointment of New General Counsel

Retrieved on: 
Thursday, March 10, 2022

Additionally, the board of directors has appointed Scott Marcus to its leadership team as general counsel.

Key Points: 
  • Additionally, the board of directors has appointed Scott Marcus to its leadership team as general counsel.
  • Carter earned his BA from the University of Delaware and his MBA from University of Delaware, Lerner College of Business and Economics.
  • Additionally, Scott Marcus joined Mitek as general counsel on March 7, 2022.
  • Scott Marcus as general counsel brings critical experience at a time when global regulatory advancements accelerate and the requirement for digital identity verification intensifies.

P&G Puts Athletes Who Lead with Love Center Stage at Olympic Games Tokyo 2020, Celebrating Their Efforts and Inspiring Positive Action in Others

Retrieved on: 
Thursday, August 5, 2021

In the lead up to the Olympic Games Tokyo 2020, P&G was inspired by the selfless actions of Olympic and Paralympic athletes around the world who stepped up and served others.

Key Points: 
  • In the lead up to the Olympic Games Tokyo 2020, P&G was inspired by the selfless actions of Olympic and Paralympic athletes around the world who stepped up and served others.
  • This led P&G to create the Athletes for Good Fund in partnership with the International Olympic Committee (IOC) and International Paralympic Committee (IPC).
  • For Tokyo 2020, Athletes for Good Fund provided more than $500,000 in grants to help fuel the efforts of the recipients charities of choice.
  • His call to action resulted in hundreds of exchanges with athletes, both via social media and in-person at Tokyo 2020.

Cambridge Savings Bank Extends $750 Thousand Corporate Loan to Nonprofit, Capital Good Fund, to Provide Stability to Low-to-Moderate Income Families and Individuals

Retrieved on: 
Thursday, May 27, 2021

A U.S. Treasury-certified Community Development Financial Institution, Capital Good Funds mission is to create pathways out of poverty and advance a green economy through inclusive financial services.

Key Points: 
  • A U.S. Treasury-certified Community Development Financial Institution, Capital Good Funds mission is to create pathways out of poverty and advance a green economy through inclusive financial services.
  • The realities that families have faced throughout the past year has only reinforced the importance of our mission at Capital Good Fund, said Andy Posner , Founder and CEO, Capital Good Fund.
  • We commend Cambridge Savings Bank for providing us with the flexible capital we need to ensure that we have the resources at our disposal to help families and individuals who are struggling.
  • Cambridge Savings Bank is a full-service banking institution with over $5 billion in assets.