Tuesday, July 3, 2018

Funraise Creates $600K Fund For Nonprofits

Los Angeles-based Funraise, the Los Angeles startup which develops customer relationship management (CRM) and other technology for nonprofits, says it has created a new, $600,000 fund to provide grants to nonprofits. Funraise said its new "Future Fund"--registered as a 501(c)3--will support nonprofit organizations and activists, and is supported by grants from Apple, WeWork, Funraise, and others. To launch the grant effort, Funraise said it is offering up grants for such hing as a year of free office space at WeWork in Southern California, $25,000 in Apple products, a $25,000 cash grant, brand marketing consultation from Ideation, a high net worth pitch to 10 philanthropists, and more. Application for its first round of grants are due by July 31st. Funraise is led by CEO Justin Wheeler.