Financial Services

This year I wanted to 1) motivate nonprofit communicators to reflect so they'll increase the impact of their work this year and 2) share the core lessons learned with their peers. Thus the "most valuable marketing lessons learned in 2010" survey was born.

Fundraisers from all walks of life are encountering many challenges these days, but what do the C-level executives see as the most important issues facing the sector? At the Direct Marketing Association Nonprofit Federation’s 2010 New York Nonprofit Conference, three top nonprofit executives joined moderator Tom Harrison, president and CEO of Russ Reid, to discuss these issues in a two-part session, “Cracking the Shell: Open Dialogue & Discussion With America’s Top Nonprofit C-Level Executives on the Sector’s Most Pressing Issues."

Affinity and co-branded debit card provider Tempo announced that Doctors Without Borders/Médecins Sans Frontières is offering supporters an affinity debit card powered by Tempo.

The Girl Scouts of the USA is automating and streamlining nonprofit financial management across its more than 100 councils with Sage North America's Sage MIP Fund Accounting system.

Citigroup is teaming up with two organizations to start a $200 million lending program for small businesses in low-to-moderate income communities across the country.

Citigroup is putting up $199 million, with the Calvert Foundation, a Bethesda-based nonprofit community investment organization, and Opportunity Finance Network, an umbrella group for community development lenders, providing the rest.

The Communities at Work Fund, to be announced Wednesday, will make loans through community development loan funds at a rate of 4.3 percent, which will then lend to small businesses at a rate of about 6 to 8 percent, said Mark Pinsky, chief executive of the Opportunity Finance Network.

August 29, 2009, Telegraph — An emerging model, known as venture philanthropy, aims to boost the productivity of an often bloated and inefficient third sector, using venture capital techniques of due diligence, ongoing engagement and rigorous performance measurement.

LOS ANGELES, August 19, 2009 — Financial literacy nonprofit Operation HOPE today announced the release of HOPE Founder John Hope Bryant’s latest book, “Love Leadership: The New Way to Lead in a Fear-Based World,” out this month by Jossey-Bass, which outlines his key to success and offers solutions to empowering communities by “leading with love.” Designated proceeds from book sales will go towards the organization’s “silver rights” mission to empower the underserved.

NEEDHAM, Mass., August 5, 2009 — AccuFund, Inc., provider of financial reporting and accounting software for nonprofit, municipal and government organizations, today announced its partnerships with Public Sector Group LLC and NWBS Consulting, two valued-added resellers (VARs) of accounting and financial management systems to the public and nonprofit sectors. These new business partners will expand market reach for the AccuFund Accounting Suite in the Midwestern and Northwestern United States, while providing their clients with AccuFund's powerful accounting functionality and comprehensive customer support.

WOBURN, Mass., June 8, 2009 — DiCicco, Gulman & Company LLP (DGC), a CPA and business consulting firm specializing in the accounting and financial matters of private companies, is proud to announce the launch of a pro-bono program that will provide local nonprofit organizations with project support related to their accounting and financial service needs.