Network for Good
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| Formation | 2001 |
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| Location | |
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CEO
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Bill Strathmann |
| Website | www |
Network for Good is an online fundraising platform for charities and non-profit organizations. The company was founded in 2001 by America Online, Cisco Systems and Yahoo! and has processed over $1 billion in donations since inception. Network for Good charges between 3% to 5% transaction processing fee for donations, in addition to any subscription fees that the charity might incur. Transaction processing costs may be covered by the donor or by the nonprofit organization.
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. By 2002 it was reporting receipts of about $1 million per month, and by 2005 it reported about $30 million in annual collections. In 2005 Network for Good absorbed Groundspring, another online charitable platform that had been founded by the Tides Foundation in 1999.
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.
In 2008 Network for Good acquired the ePhilanthropy Foundation, an organization established in 2001 with the goal of providing training and promoting ethical practices in online fundraising and that had later faced uncertainty after the departure of its founder.
As of February 2014, Network for Good reported that it had processed more than $1 billion in gifts since its inception.
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.
Non-profits can access tools for online fundraising, email marketing, events management and expert advice. 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, ebooks, courses, newsletters, and how-to articles.
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Wikipedia