Social Ecology, Inc grants stock to the Calvert Foundation

Howard Lake | 18 December 2000 | News

Michael Gilbert, founder and CEO of Social Ecology, Inc., announced today that his company has granted 9,000 shares of its stock to the Calvert Foundation. This is one of a

series of similar grants the company is announcing.

Calvert Social Investment Foundation is recognised as a leading global

community investment facility, and develops high quality

Internet-based community development information services. Calvert Foundation has a current portfolio of more than $27 million in non-profits globally, supporting its effort to

end poverty through investment and support the growth and

capitalisation of non-profits.

“The award of pre-IPO stock is an interesting tie-in with the very work we’re doing in channeling critical investment capital to nonprofits”, said Timothy Freundlich, director of strategic development for Calvert Foundation. “As the non-profit sector matures, we’re finding capital structures and business models becoming increasingly sophisticated – this award can only benefit Calvert Foundation’s own

self-sustainability.”

Founded in May 1999, Social Ecology offers online software products that meet critical needs of non-profit organisations. Examples include InWeb IT, a knowledge-management tool for providing consistent information to employees, board members and other stakeholders; DonorLink IT, an e-mail relationship-management tool for staying in

touch with donors and other supporters; and Basic IT services such as Web hosting and e-mail.

Previously, Social Ecology has announced similar grants to

CompassPoint Nonprofit Services of San Francisco and INDEPENDENT SECTOR

of Washington, DC.

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.