Investment Will Further Benevity’s Unmatched Reach and Innovation in Burgeoning Corporate Purpose Technology Sector
CALGARY, Alberta, October 22, 2019 /3BL Media/– Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today announced that the company has raised $40M in Series C Funding from General Atlantic and JMI Equity.
When a cause needs to process a paper donation check, it creates costly administrative work. Non-profits must deposit checks individually and issue manual tax receipts to each donor. Checks also get lost in the mail or worse, sit uncashed!
Electronic payments cut down on manual administration time and reduce costs. Unlike other software providers in this space, Benevity sends the majority (88% in 2018!) of payments processed through our platform electronically, with funds arriving within 30 days.
by Debra Schwartz Managing Director, MacArthur Foundation
Often, the most compelling impact investments are made, not found.
I have used that phrase over the years to describe how foundations and other impact-focused investors use “catalytic capital” to support social and environmental progress. These patient, flexible, “catalytic” investments are able to take on more risk and/or accept a lower return than commercial capital in order to finance gains that would not otherwise be possible.
A Conversation with Farmworker Justice and Vista Community Clinic
In the months since the 2016 U.S. presidential election, the well-being of immigrant populations is a growing concern for city and state governments, civil society organizations, and private foundations. In February, over 200 foundation leaders signed a statement condemning the immigration restrictions put in place by the new administration. Organizations like the Evelyn & Walter Haas Jr.
By Charles J. Hooker III, President and CEO of Keystone Human Services
In the coming weeks, the Pennsylvania Senate will begin discussing the proposed budget bill passed by the PA House of Representatives. It’s time to start engaging with your PA Senator to encourage them to support a budget that includes increased funding for intellectual disability and autism services.
The House budget bill includes the first across the board rate increases that we have seen in a decade. It also calls for increased community-based services and waiting list initiatives.
Our voices have made a difference! On April 4, the Pennsylvania House of Representatives voted to pass the state budget with all of the increased funding for intellectual disability and autism services.
Thank you to everyone who contacted their state legislator to share how important this increased funding is for intellectual disability and autism services!
This is the first time in ten years that the proposed PA budget has included funding for across the board rate increases. This budget also calls for increased community-based services and waiting list initiatives.
by Sean Tennerson, Program Officer, The Case Foundation
For those of you who know the Case Foundation, we’re bullish on the impact investing movement and the power of private capital for public good. While still a relatively small market, impact investments are surging, with some seeing a trillion-dollar market potential by 2020. Against that context, we do a lot of thinking about what is standing in the way of tipping significantly more interested investors to activated investors.