E*TRADE Bolsters Technology of Washington Area Nonprofit Community


We are very excited to announce our new partnership with E*TRADE, the online financial services leader. Their investment will help 501cTECH build the technology capacity of up to ten of their grantees in a yearlong pilot beginning later this spring.

Equally important, is E*TRADE’s support of 501cTECH’s mission and their vote of confidence in our work. Helping to build the capacity of nonprofits through technology isn’t a particularly sexy mission and it is an area too often neglected by philanthropy. We in the nonprofit community know just how transformative the right technology can be, and how detrimental the wrong one can be. As a company that has built its considerable success on the innovative use of technology in the financial services industry, E*TRADE understands our mission and has demonstrated its commitment to enhancing the nonprofit community through this new partnership.

We applaud E*TRADE’s ongoing dialogue with the nonprofits they support and their efforts to incorporate the nonprofit perspective into their grant making.

“When we met with our grantees last year, we asked them where they saw the biggest gaps and how we could best help them to succeed. Their answer was very clear-- fund technology capacity building,” said E*TRADE Senior Manager Olive Idehen. “E*TRADE believes that the right technology has the power to impact community change, and 501cTECH as a nonprofit technology provider is uniquely positioned to help us in this initiative.”

Our work with E*TRADE builds upon our work with nonprofits across the region, both our mission driven programs such as our Small Nonprofit Transformation Initiative and our ongoing tech support of nonprofits in a wide range of mission areas.

Stay tuned! We look forward to sharing all the success stories that this grant will make possible. And thank you, E*TRADE, for helping us make a difference and continue supporting our community.

Topics: News

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