Study Shows Anticipation, Fear, Hurdles To AI Use
The NonProfit Times
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5d ago
Artificial Intelligence (AI) already has a strong presence in the social and education sectors, with 48% of funders and 66% of nonprofit respondents to a survey claiming their organizations use some type of AI. More than three-quarters of respondents believe their organizations will benefits from it. Leaders worry, though, about built in bias in AI systems, cost, challenges in envisioning how A ..read more
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Bloomerang Adds Warburg Pincus As Second Equity Investor
The NonProfit Times
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5d ago
A second private equity firm has been added to ownership of Bloomerang, with Warburg Pincus joining JMI Equity as majority owners of the donor, volunteer and fundraising management software platform. The pairing potentially makes available millions of dollars for organic growth and acquisition. Andrew Park, Sam Lipsick and Peter Kimmey of Warburg Pincus are joining three members from JMI on a n ..read more
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$58 Million Gift Largest In ALS Association History
The NonProfit Times
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5d ago
The ALS Association received the largest single gift in its history -- $58 million -- from the estate of the late philanthropist Hugh Hoffman. He was a Cincinnati native who died in March 2023 at age 91. When he was 11, Hoffman lost his father, Herbert, to ALS, which is still a fatal disease without a cure. “Uncle Hugh hoped that his gift would provide an immediate boost of hope for people li ..read more
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Betting On One Giving Day Doesn’t Help The Budget
The NonProfit Times
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5d ago
By Paul Clolery Donations in the United States on GivingTuesday hit at least a hefty $3.1 billion and yet when you talk to fundraisers there appears to be some disappointment. While many nonprofits had a great day on November 28, reaction appears to be a matter of perspective and expectation. “If your whole fundraising goal is built on one day, you’re going to be disappointed,” said Je ..read more
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Democratizing Nonprofit Data Is Output Vs. Impact
The NonProfit Times
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5d ago
By Christopher Brewer For-profit business leaders are excited about generative AI’s potential to drive efficiency and improve output. In the for-profit world, investment in the technology is booming, and many business analysts compare AI’s transformative potential to the innovations that sparked the industrial revolution.  On the nonprofit side, the mood is more cautious optimism than f ..read more
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PG Calc Acquired By Foundation Source
The NonProfit Times
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5d ago
Foundation Source, a provider of cloud-based SaaS solutions and management services for private foundations, has acquired acquisition of PG Calc, a planned giving services and software firm for organizations seeking to start or grow a planned giving program. The acquisition expands Foundation Source's suite of charitable giving solutions enabling it to provide specialized support and expertise ..read more
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Donor Revolt: Strategies For Educating Supporters And Boards On Overhead And Operations
The NonProfit Times
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5d ago
The headlines and documentaries like “Uncharitable” are blaring when it comes to overhead, transparency and making investments that are foundational to nonprofit operations. This is not just happening in the U.S. Register for this webinar from The NonProfit Times and the Resource Alliance for strategies for how you talk to the wider public about the issues/perspectives in charity overhead a ..read more
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Microsoft Launches Nonprofit Tech Summit, Online Community
The NonProfit Times
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2w ago
Demystifying artificial intelligence (AI) and its integration into everyday nonprofit work and humanitarian progress are the central themes of the inaugural Microsoft Global Nonprofit Leader conference in Bellevue, Washington. An announced attendance of 1,400 nonprofit professional staff and representatives from Microsoft technology partners from 1,192 nonprofits from 31 countries are at the ev ..read more
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Commentary: Racial Equity Investing -- Time to Double Down
The NonProfit Times
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2w ago
By Stephanie Cohn Rupp and Santhosh Ramdoss In an era where racial equity-focused funds and corporate programs face mounting legal challenges and pushback, the impulse to retreat is palpable. As CEOs of two sustainable investing organizations, we have been alarmed to see so many of our industry colleagues back down by changing their commitments or taking down DEI webpages. In the corporate w ..read more
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Blackbaud In Consent Agreement With FTC
The NonProfit Times
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2w ago
Technology firm Blackbaud will be required to delete personal data that it doesn’t need to retain as part of a settlement with the Federal Trade Commission (FTC). The settlement stems from charges that the company’s security allowed a hacker to breach its network during 2020 and access the personal data of millions of donors, including Social Security and bank account numbers. The commissio ..read more
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