For Immediate Release
November 18, 2014
IT4Causes Receives Donation From Flashpoint Fund
First Grant Will Help Deliver Sustainable, Cost-Effective IT Solutions to Non-Profits
RICHMOND, Va. – Nov. 18, 2014 –The startup nonprofit IT4Causes today announced that it has received a $10,000 commitment from Flashpoint Fund, a Richmond-based private foundation. The donation will help IT4Causes in its mission of providing stable, secure, and sustainable information technology solutions to small and midsize nonprofits. The contribution from the Flashpoint Fund is the first major outside funding and will be used as matching funds for IT4Causes’ upcoming inaugural fund drive.
IT4Causes’ strategy is based on the premise that most small to midsize nonprofits have very similar Information Technology needs, which the organization assesses and monitors through a “fractional Chief Information Officer” service. IT needs of all customers are then grouped into a common list, which is prioritized based on the likely return on investment to the entire community. Pro bono IT experts select best-in-class solutions from the general market to meet the highest priority needs, with a special emphasis on low total cost of ownership. Other volunteers are then recruited to help implement the selected solutions at agencies across the region.
“Our pilot projects with UnBoundRVA and Children’s Mental Health Resource Center have proven our model,” said IT4Causes founder and CEO Tom Anderson. “The combined effect of Flashpoint’s commitment and the generosity it will inspire in other donors will enable us to move into growth mode in the first part of 2015.”
“By engineering a solution once and using it across different agencies, IT4Causes has the potential to build capacity in many organizations by freeing up valuable staff and leadership time, while also lowering support costs,” said Rick Schofield, founder of Flashpoint Fund. “Our investment in IT4Causes will further Flashpoint’s mission to help nonprofits improve their performance and better serve the Richmond community.”
IT4Causes was founded in 2014, to help small and midsize nonprofits become more effective and efficient through better IT solutions.
Flashpoint Fund was officially established in 2013 and is dedicated in memory of Schofield’s mother, Betsy Harris Schofield.
Tom Anderson, CEO
Rick Schofield, CEO