Financial Services

Billionaire CEO Taizo Son Predicts ICOs Will Come to Dominate Fundraising
September 20, 2017 at 12:38 pm

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…

IFC Targets $1B Fundraising Within a Year as Part of $5B Fund
September 11, 2017 at 9:47 am

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…

#NPPTrendingNow Ep. 16: 3 Tips for Effective Multi-Dimensional Segmentation
September 8, 2017 at 9:20 am

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...

Study: A Nonprofit’s Impact Is the Most Significant Consideration to Funders
September 5, 2017 at 11:17 am

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 COO Donates Another $100M to Charity
August 18, 2017 at 11:03 am

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…

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...