The philanthropy industry isn’t touted as fast-paced. It’s a fractured network that’s existed for thousands of years – supporting various societies throughout history. But philanthropy is changing as a swell of funding collaboratives knit together worldwide. As we continue to make strides towards improving industry collaboration, foundations are walking the talk and collaborating more deeply with each other to affect years-long (sometimes even permanent) change. They’re joining forces, pooling funds, forming important relationships throughout the sector – all in the name of wider and more immediate impact.
We are thrilled to announce the creation of our Preferred Partner Program! These partners of Fluxx are highly trained and ready to help bring success to your organization by making sure you get the most out of your Fluxx solution.
We’ve written about this before but it bears repeating: collaboration is critical to the success of philanthropy. Not only is collaboration a core pillar of the philanthropic space – but true collaboration – the kind we see when our clients pool their grants to tackle a growing and serious issue, can result in life-changing impact.
Partnerships are the backbone of philanthropy. Working together as a collaborative community to facilitate connection and streamline operations makes the entire philanthropic ecosystem thrive. That’s why we’re so pleased to announce we are partnering with Neon One to combine the benefits of our tech for good offerings and provide unparalleled services for all our valued clients.
For the past 110 years, March 8th has been a time to assemble and work toward equality on International Women’s Day (IWD). And while IWD is historically a time for women to make their voices heard and encourage a worldwide dialogue – this year’s #BalanceforBetter theme is a rallying cry for all people and organizations to focus on equality rather than inequality.
We’re thrilled to announce that Fluxx is ranked fifth on Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2019, in the data science category!
The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s volatile world. This is our second year taking home a Fast Company award. Last year we ranked in the nonprofit category for our innovative approach to redesigning the grantseekeing process with Fluxx Grantseeker.
Philanthropy is a cooperative market. Its constituents work to unite funds and policies in order to meet common economic, social, and cultural needs in our ever-changing social sector. If armed with an equal voice, both the givers and doers can inform the collective and create the most sustainable and impactful solutions to solve human problems.
Charity Navigator ranks nonprofits based on their overhead ratio (as in the amount of money spent on operations versus the mission), but as a recent study from North Carolina State University shows, a low overhead ratio is not always an effective way to measure a nonprofit's efficiency. Accordingly, funders, volunteers, and the general public often have the pervasive idea that all of a nonprofits funds should flow directly to the cause. This can lead to the dreaded Starvation Cycle: A state in which a nonprofit consistently keeps overhead costs so low that it impedes their current and future impact potential.
This blog is part one of a four-part series that describes how we see the philanthropic industry evolving into a more connected and effective ecosystem – and how Fluxx is supporting and encouraging that evolution with our platform for democratizing philanthropy.