|[November 19, 2012]
Capital One, Common Impact, Points of Light, and Taproot Foundation Launch Online Tool to Increase Impact of Pro Bono Volunteer Services for Nonprofits Across the Nation
CHICAGO --(Business Wire)--
Corporations across the U.S. are estimated to provide more than $15
billion in pro bono volunteer services to nonprofits across the country
in 2012, according to the Taproot Foundation, and 66 percent of
nonprofits in America say they need pro bono volunteer services more
than any other kind of volunteering. To better leverage these skilled
services, today the Nonprofit Collaborative launched the Readiness
Roadmap, an online guide that assesses, prepares and connects
nonprofit organizations with key tools and resources to engage skilled
volunteers and maximize their time.
The Nonprofit Collaborative was convened by Capital One (News - Alert) Financial
Corporation, a pro bono services provider, in partnership with three
leading national nonprofit organizations - Common Impact, Points of
Light and the Taproot Foundation - to increase the impact of pro bono
volunteerism across the country.
"The Readiness Roadmap is a critical resource that has the
potential to equip all nonprofits, large or small, to readily access and
make the most out of skills-based support. The potential for this tool
to strengthen the capacity of the nonprofit sector and enhance
organizations' ability to tackle social issues is tremendous," said
Danielle Holly, Executive Director, Common Impact.
The Readiness Roadmap is designed to help nonprofits build
capacity and maximize volunteer hours with tools in assessing and
analyzing organizational needs that allow nonprofits to direct pro bono
services to the areas where they will have the most impact. The Readiness
Organizational readiness assessments
Project readiness assessments
Pro bono and skills-based volunteerism sourcing
Evaluation and post-project volunteer recognition.
More than 66 percent of U.S. nonprofits report the need for pro bono
services more than any other volunteer service; however, many
organizations find that making good use of volunteer services can be
challenging, according to a study commissioned by the Collaborative1.
Approximately 73 percent of survey respondents said they would be more
likely to seek pro bono support if they could identify specific projects
and better understand how volunteer time can be used to improve their
"As leaders in the skills-based volunteer movement, we recognize that it
takes both strong nonprofit and corporate partners to execute impactful
community programs. The Readiness Roadmap is an excellent
diagnostic tool to assess organizational readiness and prepare to
successfully engage in skills-based volunteering," said Jackie Norris,
Corporate Institute Executive Director, Points of Light. "Our goal is
for every business, from Main Street to Wall Street, to have the
opportunity to work with strong nonprofits by providing the social
sector this free collaborative resource."
"At Capital One, we invest in innovative programs and collaborate with
best-in-class partners to help nonprofits advance their missions and
impact our communities," said Daniel Horgan, Senior Director, Community
Affairs, Capital Oe Financial Corporation. "With corporations projected
to provide billions of dollars in pro bono volunteerism this year alone,
we know how important these skilled services are to nonprofits and we
also know that nonprofits are asking for guidance to leverage the time
and talent more effectively. The Readiness Roadmap is a great example of
how innovation and collaboration can help fulfill the nonprofit sector's
need for capacity building support."
Piloted at the National Conference on Volunteering and Service in June
2012 and updated to incorporate feedback from over 80 early adopting
nonprofits, the Readiness Roadmap has shown great promise in
improving pro bono support services.
"Fifteen billion dollars in pro bono work will be done this year to help
nonprofits. It's a lot to celebrate but the majority of nonprofits are
still reporting that their key challenge in using pro bono is knowing
where to find the services they need," said Aaron Hurst, Taproot
President & Founder. "So it's critical that resources like the Readiness
Roadmap exist to help nonprofits find the tools necessary to benefit
from pro bono services."
Nonprofit organizations and corporations interested in learning more
about pro bono support can visit http://readinessroadmap.org/.
About Common Impact
Common Impact is a nonprofit organization that connects skilled
professionals from global companies to high-potential local nonprofits.
Our employee engagement programs match employee-volunteers with
nonprofits that need help overcoming key business challenges. This
innovative approach to corporate community service enables companies to
realize a positive return on their social investment while building
stronger teams and developing employee skills. At the same time, this
access to private sector talent enables nonprofits to amplify their
impact on the constituents they serve. Ultimately, our work helps foster
stronger communities wherever those companies operate. Further
information can be found at http://www.commonimpact.org/.
About Points of Light
Points of Light is the leading volunteer organization with more than 20
years of history and a bipartisan presidential legacy. Our mission is to
inspire, equip and mobilize people to take action that changes the
world. We connect people to their power to make a meaningful difference
by providing access to tools, resources and opportunities to help
volunteers use their time, talent, voice and money to meet the critical
needs of our communities. We are organized into three divisions:
Programs, Civic Incubator and Action Networks, which include HandsOn
Network, the largest network of 250 local volunteer centers across the
country and around the world; generationOn, the youth service movement
that ignites the power of kids to make their mark on the world;
AmeriCorps Alums, the national service alumni network that activates the
next generation of service leaders; and Points of Light Corporate
Institute, our enterprise that enables companies to engage their
employees and customers in service. For more information, visit www.pointsoflight.org.
About Taproot Foundation
Since its founding in 2001, the Taproot Foundation has been leading the
development of a pro bono movement, working to engage the nation's
millions of business professionals in pro bono services both through its
own award-winning programs and by partnering with companies to develop
and scale corporate pro bono programs. The Taproot Foundation's mission
is to lead, mobilize and engage professionals in pro bono service that
drives social change. To learn more visit www.taprootfoundation.org.
About Capital One
Capital One Financial Corporation, headquartered in McLean, Virginia, is
a Fortune 500 company with approximately 1,000 branch locations
primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia,
and the District of Columbia. Its subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N. A., offer a broad spectrum of
financial products and services to consumers, small businesses and
commercial clients. We apply the same principles of innovation,
collaboration and empowerment in our commitment to our communities
across the country that we do in our business. We recognize that helping
to build strong and healthy communities - good places to work, good
places to do business and good places to raise families - benefits us
all and we are proud to support this and other community initiatives.
1 LBG Associates. "Pro Bono Readiness Research" Jan. 2012. http://www.readinessroadmap.org/sites/readinessroadmap.org/files/assets/Pro%20Bono%20Readiness%20Survey%20Report_FINAL.pdf
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