Network for Good and Groundspring, two nonprofit providers of Internet-based fundraising and donor management tools, today announced that they have entered into a definitive agreement to merge. Under the agreement, which has been unanimously approved by both boards of directors, the combined organization will operate using the Network for Good name.
The merger of Network for Good and Groundspring will offer a resource for small- to medium-sized nonprofits seeking affordable, easy-to-use, web-based tools for raising funds, communicating online and managing donors.
"The complementary team of Network for Good and Groundspring will increase the efficiency of nonprofit organizations and the sector as a whole by ensuring charities fully capitalize on the advantages of the Internet," said Bill Strathmann, chief executive officer of Network for Good. "The power of our popular Web site, www.networkforgood.org, and our far-reaching media partnerships with AOL and Yahoo!, matched with Groundspring's nonprofit tools and training, put us in an excellent position to expand our services to a growing number of nonprofits."
Network for Good currently serves more than 4,000 nonprofits with its low-cost Donate Now service, an easy way for nonprofits to receive donations on their own Web sites. Network for Good also enables individuals to donate to more than one million nonprofits through its website and has delivered more than $60 million to more than 15,000 nonprofits since its inception in November, 2001. Groundspring, founded by Tides Foundation in 1999, serves more than 2,000 nonprofit organizations and has helped raise more than $15.4 million for nonprofits through its DonateNow service since its inception.
"Customers are looking to increase their funding and impact, and reduce the complexity and cost of managing their technology services," said Joseph Mouzon, executive director and chief operating officer of Groundspring.org. "With our first-hand understanding of the issues that nonprofits face, we are uniquely positioned to help customers balance their need for cost- effective Internet solutions and their desire to purchase services from an organization that is truly committed to the nonprofit sector. This union reflects the essence of social entrepreneurship -- delivering comprehensive yet affordable services that customers have requested."
"Today's marketplace requires nonprofits to compete for attention and resources at unprecedented levels. That is why the tools provided by Network for Good and Groundspring are so important. They enable even the smallest organizations to attain the technological and fundraising capacity they need to reach people and get results," said Vincent Stehle, program officer of the Surdna Foundation, which supports Network for Good.
