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Dollar General Literacy Foundation Awards More Than $8.3 Million In Grants

Uncategorized May 22, 2019

The Dollar General Literacy Foundation has awarded grants totaling $8.3 million in support of literacy and education initiatives.

"In keeping with Dollar General's mission of Serving Others, we are excited to provide grants to support literacy and education initiatives in the communities we proudly call home," said Todd Vasos, Dollar General's CEO. "Each year, funds provided by the Dollar General Literacy Foundation make a real difference by providing the tools that students, adults, and families need to pursue new opportunities and accomplish their goals. We believe these programs empower the communities we serve, and we are honored to play a role in their success."

“Education has the ability to level the playing fields in life,” said Denine Torr, Dollar General’s senior director of Community Initiatives. “Through these grants, we are helping expand access to educational programs and enhancing literacy instruction for adults, families, and...

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Cummings Foundation Awards $15 Million In Grants

Uncategorized May 21, 2019

The Cummings Foundation has announced grants totaling $15 million to fifty nonprofits through its Sustaining Grants program.

Sustaining Grants winners were selected primarily by a 46-member volunteer committee.

“We hope this decade-long commitment allows you to think bigger, to plan for the future, and—perhaps most importantly—to dedicate more of your resources to actually providing services rather than raising money for them,” said Joel Swets, executive director of Cummings Foundation.

Cummings Foundation has awarded $250 million to date in Greater Boston alone, and it will award an additional $10 million in June, when it announces the winners of this year’s ”$100K for 100″ program.

One of the three largest private foundations in New England, Cummings Foundation aims to give back in the areas where it owns commercial buildings, all of which are managed on a pro bono basis by its affiliate, Cummings Properties. Founded in...

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Cleveland Foundation Announces $150 Million Social Impact Investment Goal

Uncategorized May 20, 2019

The Cleveland Foundation today announced that it will allocate $150 million in capital for social impact investing by the end of 2022. The foundation defines social impact investments as opportunities that align social good with financial return to bring about social change.

The foundation’s social impact investing program consists of four primary vehicles:

  • Recoverable grants are extended to nonprofit organizations and paid back without interest over a period of time – usually less than five years. They can provide fast and flexible capital, while encouraging an organization to consider multi-year planning. Unlike loans, they are forgivable if needed, and from the foundation’s perspective, provide a source of recyclable capital that compliments traditional grantmaking.

  • Program Related Investments (PRIs) are below market-rate loans, equity investments, and bank deposits or debt guarantees that are used to fill capital gaps and address community issues. As...
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The Power Of Purpose's Nattie Watson And Brandon Johnson Wed In Ohio

announcements May 13, 2019

Our very own Nattie Watson and Brandon Johnson were married at The Mohicans, a beautiful and serene setting in Ohio over this past weekend. 

Nattie and Brandon were wed in a private ceremony in front of friends and family on Saturday, May 11th at 5:30 p.m. Central time. 


Natalie (or Nattie as she is known to her loved ones) is the youngest child of Tracy and Sherry Watson. She the is Chief Financial Officer of The Power Of Purpose (POP) and has been a valued member of the POP team since 2011. She has spent years working in our customer service and concierge departments and now heads up the finance department and accounting. Nattie also spends much of her time working hand in hand with our amazing students. Her magnetic and positive attitude is an incredible representation of our company’s values.

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Michael J. Fox Foundation Awards More Than $5 Million In Grants

Uncategorized May 07, 2019

The Michael J. Fox Foundation for Parkinson's Research has awarded thirty-nine grants totaling more than $5 million in support of Parkinson's disease research. The selected grant recipients reflect the research strategy to define, measure, and treat Parkinson's disease. The foundation also awarded grants to help develop the research tools the field needs to advance. 

The grants will support projects focused on defining the causes of and factors that account for variability in Parkinson's; new methods of diagnosing the disease; and effective treatments to stop or slow its progression. The funding also will support projects focused on developing critical research tools the field needs to advance, including assays, cell lines, and DNA plasmids.

All of the funding decisions serve the foundation's mission to find a cure for Parkinson's and improved treatments for those living with the disease today. Each research step -- from laboratory studies to understand the disease...

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Grant Alert: 2019 Community Grants

As a means to prepare teens for the tech-reliant jobs of the future, The Best Buy Foundation will provide funding to equitable, innovative, impact-driven programs in eligible nonprofit organizations committed to enhancing the lives of teens 13 – 18 years old through cutting edge technology enabled curricula. Programs should include hands-on learning opportunities that lead to skill development and engage the youth in experimenting and interacting with the latest technologies to close the digital skills gap.

Eligibility: Applicants may be a public or private nonprofit community-based organization but the program must be located within a nonprofit organization targeting teens in under-resourced communities and operate within twenty-five miles of a Best Buy store or Best Buy center of operations.

Grantmaker Name: Best Buy Foundation 

Grantmaker Type: Corporate Foundation

Grant Category: Youth

Grant Geographic Focus: National

Grant Program Amount...

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New Study Finds Transparency From Nonprofits About Usage Of Funds From Crowfunding Increases Donations

crowdfunding fundraising May 03, 2019

A new study from the Kelley School of Business at Indiana University finds Nonprofit organizations increasingly are using crowdfunding campaigns not only to raise funds but also to build donors' trust. 

Published in Production and Operations Management, the study, Operational Transparency on Crowdfunding Platforms: Effect on Donations for Emergency Response, identified two transparency tools that can help attract donors on crowdfunding platforms: "updates" about the work being done, a form of operational transparency; and "certification" demonstrating that the campaign benefits a 501(c)(3) Nonprofit organization, a form of conventional transparency. Based on an analysis of more than a hundred thousand crowdfunding campaigns run by Nonprofit organizations over a seven-year period, the study found that while both updates and certification helped increase donations, updates were far more effective, with each additional work-related word in an update...

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In The Spotlight: Sherry Watson Interviews Daven Michaels


Sherry Watson, Co-founder and Chief Visionary Officer of The Power Of Purpose, recently had the opportunity to interview Daven Michaels. 

Daven Michaels, founder of 123 Companies has been an entrepreneur since the age of 15, that’s over 30 years now. During this time he stumbled across a business formula that he used to turn multiple diverse business ventures into extremely successful businesses, including a few multiple-million dollar home runs.

Sherry interviews Daven about entrepreneurship, purpose, and some of his strategies to succeed in today's economy. 

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New Study Finds Online Revenue For Nonprofits Increased In 2018

fundraising Apr 29, 2019

Online fundraising revenue at U.S. nonprofits rose 1 percent in 2018, after recording 23 percent growth in 2017, an annual study by M+R finds.

Based on data from a hundred and thirty-five nonprofits, the 2019 M+R Benchmarks Study found that overall online revenue was relatively flat on a year-over-year basis, while online revenue for "rights" organizations fell 14 percent — after seeing an 88 percent jump in 2017 — with smaller declines for health, international development, and wildlife and animal welfare groups. According to the report, the flat growth in 2018 may be a natural reaction to the large increase in 2017, and 2019 may see a return to a more normal growth trendline.

The survey also found that revenue from one-time gifts in 2018 fell 2 percent, while monthly giving revenue rose 17 percent, and that retention rates dropped across all giving levels, with slightly more than a third (37 percent) of donors who made an online gift in 2017 giving...

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Juneau Community Foundation Awards More Than $1.8 Million In Grants

The Juneau Community Foundation has awarded more than $1.8 million in grants to local nonprofit organizations following several months of coordinated effort to identify priority social service needs and review applications.

The purpose of these grants is to help Juneau’s most vulnerable residents, by increasing support for nonprofit service providers in the areas of homelessness, food security, substance abuse disorders, domestic violence, suicide prevention, senior care, hospice, mental and physical health, education and income stability.

“For five years, the Foundation has worked closely with community leaders and social services providers to identify gaps and prioritize the greatest needs, including supporting additional residential substance use disorder treatment, expanding navigation services for people who experience or are at-risk of homelessness, ensuring a universal breakfast program in all elementary schools, and increasing access to civil legal...

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