Infinite Giving, a financial service firm for nonprofits, is working to build more sustainable nonprofits by helping them with investment opportunities. According to Infinite Giving CEO Karen Houghton, the firm offers a multitude of services for nonprofits, which are all designed to help them grow. These services include helping nonprofits manage their cash reserves, create and manage endowments, and receive high capacity asset donations such as stock, cryptocurrency, and donor advised fund grants. Houghton also notes that small to medium sized nonprofits often lack equitable access to investment strategies and asset giving, and that 90% of nonprofits in the United States don’t have a brokerage account, which means they can’t receive stock gifts to grow their giving. To help nonprofits navigate through these issues, Infinite Giving is providing financial stewardship that helps nonprofits acquire competitive rates and become FDIC insured on their reserves, as well as an easy process to open a brokerage account in 20 minutes. 

The Rotary Club of Statesville recently granted $33,743 to local nonprofits in the area. This generous donation was made possible through the Rotary Club of Statesville Endowment. This endowment was created to support local organizations in the area and has been providing donations for over 10 years. The Rotary Club of Statesville is committed to helping the community and has been a major contributor to the area for many years. 

Nonprofits in the Northern Mariana Islands have until September 30th to apply for the Small Business Administration's Economic Injury Disaster Loan program. This program provides low-interest loans to help businesses and nonprofits recover from the economic impacts of the COVID-19 pandemic. The loans can be used to cover payroll costs, accounts payable, and other bills that cannot be paid due to the pandemic. This program is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.