Partnership Provides the Growfund Community with Access to a New Fund and Save the Children Donors Access to a New Way to Give
Submitted by: Global Impact
Posted: Aug 16, 2016 – 11:57 AM EST
Global Impact, the leader in growing global philanthropy, announced today a new addition to its partnership with Save the Children. Utilizing Global Impact’s innovative charitable giving tool, Growfund, Save the Children’s new Breakthrough Innovation Fund will be a featured giving opportunity available to thousands of potential donors in the Growfund community, and will provide Save the Children’s existing donors with access to a revolutionary new donor-advised fund (DAF) product.
Growfund is a no-minimum DAF that operates like a personal foundation. Contributions can be saved or invested, grown over time and granted to the charities and causes that matter most to the donor. Unlike other DAFs that require sizeable contributions before the funds are invested, Growfund contributions can be invested starting with the first dollar.
"We are delighted to expand Save the Children's partnership with Global Impact through the Breakthrough Innovation Fund,” said Carolyn Miles, President and CEO of Save the Children. “Save the Children’s innovation initiative actively invests in the human capital and expertise from across our global organization and our partners, allocating funding for the most promising new ideas that will drive progress for children in health, education and protection from harm. This modern giving platform will allow our supporters to fund unique innovations, often with the private sector, and generate the bold new approaches needed to give what every child deserves: a future."
As a featured giving opportunity, Save the Children’s Breakthrough Innovation Fund is prominently displayed to the Growfund community, and is available to users as they recommend a grant from their account. Donations to the Breakthrough Innovation Fund foster new partnership models, program approaches, products and services to ensure that all children survive to their fifth birthday, receive a quality education and are protected from all forms of violence. Additionally, Save the Children donors now have a strategic means to invest and grow their gifts using the Growfund platform.
"Global Impact is committed to using Growfund to democratize philanthropy and provide opportunities for donors to be more strategic with their giving,” said Scott Jackson, President and CEO of Global Impact. "This tremendous partnership will allow individual donors at all income levels to have the same DAF tool that a major philanthropist would have to support Save the Children.”
For more information and a demonstration, please contact a Growfund community expert at email@example.com or by calling 844-852-3617 or go to www.mygrowfund.org. Follow Growfund on Twitter and “Like” us on Facebook.
ABOUT SAVE THE CHILDREN
Save the Children gives children in the United States and around the world a healthy start, the opportunity to learn and protection from harm. We invest in childhood — every day, in times of crisis and for our future. Follow us on Twitter and Facebook.
ABOUT GLOBAL IMPACT
Global Impact is a leader in growing global philanthropy. The organization builds partnerships and raises resources that help the world’s most vulnerable people by providing integrated, partner-specific advisory and secretariat services; campaign design, marketing and implementation for workplace and signature fundraising campaigns; and fiscal agency, technology services and integrated giving platforms. Global Impact works with nearly 450 public and private sector workplace giving campaigns to generate funding for an alliance of nearly 130 international charities. Through strategic council and implementation support, Global Impact equips private sector and nonprofit organizations to achieve their philanthropic goals. The organization also serves as administrator for four of the world’s largest workplace giving campaigns, including the Combined Federal Campaign of the National Capital Area (CFCNCA) and the Combined Federal Campaign-Overseas (CFC-O). Since 1956, Global Impact has generated more than $1.7 billion to help the world’s most vulnerable people.
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