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
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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.
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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.