SunTrust Bank also Accepting Financial Donations at All Branches
ATLANTA, September 7, 2019 /3BL Media/—SunTrust Banks, Inc. (NYSE:STI) has announced it will give $250,000 to the American Red Cross for disaster relief and recovery efforts in support of the communities and businesses impacted by Hurricane Dorian and the global efforts of the Red Cross to help in the Bahamas. The SunTrust Bank donation is to aid first responders as they bring relief to people who've lost their homes and need food and shelter.
Sacramento NeighborhoodLIFT® program awards grants to five nonprofits serving the local community
SACRAMENTO, Calif., September 9, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $400,000 in donations to five local nonprofits to support housing and neighborhood revitalization for Sacramento residents.
Five-year campaign concludes with record philanthropic contributions to empower businesses and consumers, identify new opportunities to expand the impact of fair trade, and improve the lives farmers, factory workers, and fishermen around the world.
OAKLAND, Calif., July 29, 2019 /3BL Media/ – Fair Trade USA, the leading third-party certifier of fair trade products in North America, has announced the successful conclusion of its first-ever Capital Campaign, which raised $25 million to launch new fair trade products, reach new producer communities, and channel millions of dollars in cumulative additional income to farmers, workers, and fishermen.
The demand for employee giving and volunteering programs that stretch across borders is growing. Last year, we saw a whopping 85% increase in the adoption of the Benevity OneWorld™ international solution. More than half a million new users logged into the cloud-based program that enables employees across global offices to support causes inside and outside of their home countries.
Visionary and Proven Philanthropic Leader Joins as Head of EarthShare, A National Environmental Philanthropy Working to Protect the Earth We Share
BETHESDA, Md., July 8, 2019, /3BL Media/ – EarthShare, a leading environmental philanthropy supporting America’s largest coalition of environmental and conservation nonprofits and a strategic partner to the private-sector in corporate philanthropy and engagement, announced today that Bradley Leibov will join as its new chief executive officer.
Initiative Honors Top Companies with Superior Community Engagement
ST. PAUL, Minn., June 17, 2019 /3BL Media/ – Points of Light, the world’s largest organization dedicated to volunteer service announces The Civic 50 honorees of 2019, recognizing them as the most community-minded companies in the United States. The Civic 50 awards provide a framework for good corporate citizenship, and showcases how committed companies are moving social impact, civic engagement and community to the center of their business.
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.
by Teri Lovelace, President, LOCUS Impact Investing
Place-based impact investing is sparking community development projects that create more just, equitable local economies, and build prosperous, vibrant communities. Place-focused foundations, like community foundations and family foundations are exploring ways to complement their traditional grant-making with local investments that can catalyze positive community change.
by Annie McShiras, Investment Associate, Self-Help Federal Credit Union
Impact investing has emerged as a major force in philanthropy. Last year the Global Impact Investing Network conducted a survey showing that the estimated value of the impact investing sector doubled between 2017 and 2018, increasing from $114 Billion to $228 Billion in assets under management. The rise of impact investing signals a shift from a “do-no-harm” approach to a demand for investments that actively produce measurable positive social and environmental outcomes.