This article contains content that is written like an advertisement .(September 2018) |
Formation | 2001 |
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Location | |
CEO | Bill Strathmann |
Website | www |
Network for Good is an American-certified B Corporation software company that offers fundraising software and coaching for charities and non-profit organizations. The company was founded in 2001 by America Online (AOL), Cisco Systems , and Yahoo! and has processed over $2.2 billion in donations since its inception. Network for Good charges between 3% and 5% transaction processing fee for donations, in addition to any subscription fees that the charity might incur. The transaction processing costs may be covered by the donor or by the nonprofit organization. [1]
Network for Good was set up in 2001 as a collaboration among America Online, Cisco Systems and Yahoo, replacing AOL's earlier charitable platform, Helping.org. [2] By 2002 it was reporting receipts of about $1 million per month, [1] and by 2005 it reported about $30 million in annual collections. [3] In 2005 Network for Good absorbed Groundspring, another online charitable platform that had been founded by the Tides Foundation in 1999. [4] [5]
In 2007 actor Kevin Bacon collaborated with Network for Good to set up his charitable project, SixDegrees.org, as a "celebrity-based" variant on Network for Good's existing model. [6] [7] [8]
In 2008 Network for Good acquired the ePhilanthropy Foundation, [9] an organization established in 2001 with the goal of providing training and promoting ethical practices in online fundraising [10] and that had later faced uncertainty after the departure of its founder. [11]
As of February 2014, Network for Good reported that it had processed more than $1 billion in gifts since its inception. [12]
As well as its headquarters, it also has an office in San Francisco, California, through its 2005 merger with Groundspring.org. Board members are composed of people who have previously worked with various other companies such as AOL, Yahoo! and eBay. [13]
Non-profits can access tools for online fundraising, email marketing, events management and expert advice. [14] Nonprofits can also receive free tips and training on topics including how to develop and improve their online marketing, donor communications and fundraising. Network for Good offers webinars, e-books, courses, newsletters, and how-to articles. [15]
Competitors of Network for Good that also provide nonprofit online donation platforms include CrowdRise, Classy, Razoo, Aplos Software, and Blackbaud.
Network for Good provides online giving capabilities [16] for cause marketing, employee giving, and charitable rewards for corporate partners. The company also works with technology partners and developers to power giving sites through its API.
Network for Good publishes a Digital Giving Index, [17] based on the 2010 Online Giving Study. This data is based on Network for Good's own yearly donation processing activities and shows the annual changes in donation volume, average donation, and other trends in online giving.
Network for Good publishes multiple e-books and white-papers each year on topics ranging from disaster giving to social media. The organization also sponsored "How Crisis Compels Donors to Give Online", a study on online donations during disasters such as Hurricane Katrina, [18] and "The Wired Fundraiser", a study reflecting how current technology is changing the world of fundraising. [19]
Exodus Global Alliance is not a Network for Good Customer but uses its DonateNow Lite product, which is free and available to all 501(c)3 charities listed on Candid, [20] to raise money for sexual orientation conversion therapy. [21]
A nonprofit organization (NPO) or non-profit organization, also known as a non-business entity, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrary with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status.
United Way is an international network of over 1,800 local nonprofit fundraising affiliates. United Way was the largest nonprofit organization in the United States by donations from the public, prior to 2016.
Tides Foundation is an American public charity and fiscal sponsor working to advance progressive causes and policy initiatives in areas such as the environment, health care, labor issues, immigrant rights, LGBTQ+ rights, women's rights and human rights. It was founded in San Francisco in 1976. Through donor advised funds, Tides distributes money from anonymous donors to other organizations, which are often politically progressive. It manages two centers in San Francisco and New York that offer collaborative spaces for social ventures and other nonprofits.
TechSoup, founded in 1987 as CompuMentor and later known as TechSoup Global, is a nonprofit international network of non-governmental organizations (NGOs) that provides technical support and technological tools to other nonprofits.
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
Blackbaud is a cloud computing provider that serves the social good community—nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents. Its products focus on fundraising, website management, CRM, analytics, financial management, ticketing, and education administration.
Charity Navigator is a charity assessment organization that evaluates hundreds of thousands of charitable organizations based in the United States, operating as a free 501(c)(3) organization. It provides insights into a nonprofit's financial stability, adherence to best practices for both accountability and transparency, and results reporting. It is the largest and most-utilized evaluator of charities in the United States. It does not accept any advertising or donations from the organizations it evaluates.
In the United States, a donor-advised fund is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments. They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities.
The Charities Aid Foundation (CAF) is a registered UK charity that operates in the United Kingdom, the United States of America and Canada. It works with companies, private philanthropists, regular donors, fellow foundations, governments, charities and not-for-profit enterprises to enable them to give more. Its stated purpose is to “accelerate progress in society towards a fair and sustainable future for all.”
Cause marketing is marketing done by a for-profit business that seeks to both increase profits and to better society in accordance with corporate social responsibility, such as by including activist messages in advertising.
The Big Give is a non-profit, charitable website that enables donors to find and support charity projects in their field of interest. It was founded in October 2007 by Sir Alec Reed CBE. His son James Reed became Chair of Trustees in 2019.
Bring Light, Inc. is an American company that runs an online web service which helps charities reach new donors and raise funds. It is also a social network for donors to find charitable projects to support and to help those donors make a bigger difference by getting others involved. Bring Light is now a part of Rally.org.
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations. It is the product of the February 2019 merger of GuideStar with Foundation Center.
CrowdRise is a for-profit crowdfunding platform that raises charitable donations. CrowdRise was founded by Edward Norton, Shauna Robertson, and the founders of Moosejaw, Robert and Jeffrey Wolfe. CrowdRise was acquired in 2017 by GoFundMe.
GlobalGiving is 501(c)(3) non-profit organization based in the United States that provides a global crowdfunding platform for grassroots charitable projects. Since 2002, more than 1.6 million donors on GlobalGiving have donated more than $750 million to support more than 33,000 projects in 175 countries.
GivingTuesday, often stylized as #GivingTuesday for the purposes of hashtag activism, is the Tuesday after Thanksgiving in the United States. It is touted as a "global generosity movement unleashing the power of people and organizations to transform their communities and the world". The organization of the same name is an independent 501(c)(3) nonprofit that supports the global movement.
Aplos Software is a privately held company that specializes in software as a service for nonprofit organizations. Their primary focus is simple software to manage the essential nonprofit tasks of fund accounting, nonprofit tax preparation and donor management for small, mid-sized, and large non-profit organizations.
The BitGive Foundation is an American nonprofit organization that solicits bitcoin donations for use in charitable causes.
Charity assessment is the process of analysis of the goodness of a non-profit organization in financial terms. Historically, charity evaluators have focused on the question of how much of contributed funds are used for the purpose(s) claimed by the charity, while more recently some evaluators have placed an emphasis on the cost effectiveness of charities.
Philanthropy poses a number of ethical issues: