GNW-Adhoc: Benevity’s growing customer base is seeing an increase in the granting of corporate grants

^CALGARY, Alberta, Jan. 26, 2024 (GLOBE NEWSWIRE) — Benevity Inc.

(http://www.benevity.com/), the leading provider of global software

Corporate Purpose Software, today has seen a surge in

Corporate grants processed through its platform,

announced, with an increase of 38% compared to the previous year. In the year

In 2023, Benevity’s clientele received more than 25,000 grants worth almost

Paid out $665 million. Benevity’s growing customer community has

contributed to this increase, as a quarter of new customers in 2023

Benevity products for managing grants as part of their corporate

Used social responsibility (CSR) programs.

As of 2023, Benevity has 105 companies in its customer community

added, which consists of nearly 1,000 purpose-driven brands. To the

New customers include the Levi Strauss Foundation, FirstEnergy Corp, Pinterest

and other.

?In a year marked by continued economic volatility and

polarizing social issues, we are affected by the number of

Inspired companies that have significant social capital behind their statements

and really demonstrate what it means to be purpose-oriented,” he said

Kelly Schmitt, Chief Executive Officer of Benevity.?See these companies

the double benefit of achieving positive social outcomes and

while gaining brand trust and other measurable business benefits.”

The growing number of Benevity customers and the increase in the awarding of

Corporate grants show that brands are increasingly trusting and

Responsibility is required and they therefore look for opportunities to take their responsibility

social investments in different regions and at different

to manage non-profit partners reliably, consistently and efficiently,

to make data-driven decisions, achieve the desired effect and

communicate this impact to their stakeholders. To this day, Benevity

1.2 million grants worth $19 billion through its platforms

Administration of grants handled.

?The Benevity grant management software has the capability of

Levi Strauss Foundation to manage and distribute funds to national

and international partners significantly improved and efficiency and

Transparency of the foundation’s funding measures is increased,” said Liz Tellez, Operations

Manager at the Levi Strauss Foundation.?We can do our philanthropic

Initiatives are now better aligned with our mission and values ​​and

ensure that the grants we provide are more targeted and effective

are. Benevity also enables better tracking and reporting

of data so that our team can make data-driven decisions and our

“We can optimize our funding strategy for the benefit of our partners in the communities.”

Volunteer work will also continue to show an upward trend in 2023

it represents an opportunity for companies to have a larger community in one

to create a hybrid working environment. The number of individual volunteers increased

2023 compared to 2022 by 56% and the average monthly

Participation in volunteer work increased by 59% compared to the previous year.

Purpose-driven brands are increasingly striving to make all of their social

Initiatives – donations, donations for employees, volunteer work as well

Efforts around diversity, equality and inclusion – holistically

align to fulfill their corporate mission and strategic impact

to achieve.

In 2024, Benevity will move further into reporting and data-driven

Investing in solutions to help companies truly realize their impact

to understand and control.

If you would like to learn more about Benevity and the company’s management solutions

To find out about grants, visit

https://benevity.com/de/produkte/finanzhilfen.

About Benevity

Benevity (https://benevity.com/de/), a certified B corporation, is the

leading provider of global corporate purpose software and offers the only

Integrated product range for community investment and engagement

Employees, customers and non-profit organizations. Benevity was named as

one of the Fortune Impact 20 companies and offers cloud solutions

that help many well-known brands create a diverse workforce

attract, retain and engage, social action in their

Embed customer experiences and have a positive impact on their communities

to exercise. Benevity’s software, available in 22 languages, already has more

than $14 billion in donations and 72 million volunteer hours

Work to support 450,000 nonprofit organizations worldwide

handled. The company’s solutions also have 1.1 million micro-

Actions enabled and 1.2 million grants worth $19 billion

Dollars awarded. Further information can be found at benevity.com/de

(https://benevity.com/de/).

Media contact: Zamira Tasneem? Media & Communications Manager? 1,416,451,6511?

[email protected]

°

ttn-28