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Corporate Overview

Corporate Description

Charity Group, LLC is an early stage company, providing innovative tools and platforms to help transform the way Nonprofit Organizations and Corporate Donors align and coordinate their fundraising efforts and objectives. The company’s goal is to provide information and logistical resources that can increase the yield from fundraising activities, simplify event implementation, raise public awareness of nonprofit causes and deliver more usable dollars for actual charitable deployment.

Statement of Opportunity

Philanthropy as a market sector is a $295 billion industry, with philanthropic giving representing 2% of the U.S. Gross Domestic Product. There are over 1.6 million nonprofit organizations in the U.S., each depending on (and competing for) their portion of mindshare and monetary contributions among the millions of individual and corporate donors nationwide. For all the good works that these charitable organizations perform, the process of raising and administering the funds to support their efforts is far from efficient. Currently 30-50% of the funds raised by nonprofits ($100 to $140 billion each year) go to cover administrative costs.

The nonprofit sector is comprised of several interrelated, “stakeholder” groups; the nonprofit organizations themselves, corporate sponsors, private foundations, individual donors, event attendees and a broad array of vendors who provide support products and services. It is the effective interaction and coordination between these groups that drive the underlying economic viability and success of the industry, which in turn fuels the nonprofits’ extraordinary range of social and charitable contributions world-wide. While there are several organizations that monitor, assess and benchmark the performance and practices of nonprofits, there is currently no single resource available for connecting and facilitating the economic and operational dealings between these stakeholders.

Charity Group's Mission

Charity Group’s core objective is to provide that connection. Emphasizing the strategic and tactical linkages between the Nonprofits, the Corporate Sponsors and the Product/Service Donors, the company is dedicating itself to organizing relevant information, facilitating operating logistics, increasing public visibility/exposure, and enhancing overall operating profitability/efficiency for all stakeholders. In short, Charity Group hopes to transform the $295 billion nonprofit industry by refashioning stakeholder connections, strategically empowering donors and creating innovative new showcases for both the nonprofits and their supporters. In the process, it also intends to build a dynamic, highly profitable and sustainable business.

Retained Firms

Del, Shaw, Moonves, Tanaka, Finkelstein & Lezcano, an entertainment law firm, Jonathan Moonves, lead counsel
Lackenbach Siegel LLP an intellectual property law firm, Andrew Young, lead counsel
Torys LLP, a business law firm, Bari Zahn, lead counsel
Rubenstein Public Relations, Richard Rubenstein, lead advisor
McGladrey & Pullen, LLP, Audit & Attest Services, Stephen Plattman, Partner
RSM McGladrey, Inc., Tax & Business Consulting Services, Richard Grandini, Managing Director

Board of Directors

Steve Bernstein, (Former) Managing Director, Citigroup Corporate & Investment Bank
Ken Blanchette, Vice President, FreshDirect
Tom Crowley, (Former) Managing Director, GE Capital
Patricia Lynch, President, PLA Associates Inc
Lou Petrucci, Director, POM Wonderful
Blayne Ross, (Former) Creative Executive, Showtime Network
Scott O. Talbot, Founder & Chairman

Press