News Release – Corporate Connection
A Billion + Change Mobilizes $1.6 Billion in Skills-Based Volunteer Services from the Private Sector
February 27, 2012
A Billion + Change, a national campaign to mobilize billions of dollars of pro bono and skills-based volunteer services, has announced that 78 companies have pledged a total of $1.6 billion in skills-based volunteer service to nonprofit organizations across the nation – the largest commitment of pro bono service in history.
Through skills-based volunteer programs, pledge companies are helping nonprofits accomplish more with scarce resources, in turn helping them be more successful in their missions. For nonprofits and communities, skilled support in areas such as general operations, technology and professional services can be 400 percent greater than the value of traditional volunteering.
Pledge companies range in size from small businesses, like GothamCulture and Ilumina Solutions, to large companies such as Deloitte, General Mills, State Farm, Hewlett-Packard, UnitedHealth Group and Morgan Stanley. To date, these companies have committed to give more than 11 million hours of time and talent to nonprofits by 2013.
Read the full press release.