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Nonprofits have saved $100 million in tech costs on $1 billion raised through Give Lively

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These major milestones are a result of Give Lively’s commitment to helping nonprofits satisfy their missions without sacrificing their means.

NEW YORK, Sept. 4, 2024 /PRNewswire/ — This month, Give Lively, the pioneering free nonprofit fundraising platform, is celebrating two of its most significant milestones to date: Give Lively estimates it has saved the nonprofit community at least $100 million in tech expenses on $1 billion raised since its start in 2015.

Give Lively’s active membership includes approximately 9,000 nonprofits, but it has served a wider universe surpassing 50,000. These are the organizations that have saved tens of millions of dollars a year in fundraising costs, money they would otherwise have spent on the software and fees of for-profit digital fundraising platforms. Core to its mission of making fundraising technology available to nonprofits for free, Give Lively does not require nonprofits to pay for use of its platform – no setup fees, no platform fees, no membership or subscription fees, no annual or monthly fees.

“I’m proud of the cost savings we’ve achieved – real money we’ve been able to redirect back into the hands of the nonprofits that need it most,” said David DeParolesa, CEO of Give Lively. “If anything, I continue to be shocked by how much money other tech platforms charge, and how confusing and complex their business models can be,” he continued, referring to service providers like Blackbaud, Bonterra, Classy and Eventbrite, among others, that demand significant sums to use their technology. “This is a sector that deserves clarity and transparency, not hidden fees and surprise upcharges.”

Give Lively’s focus on free is made possible by its philanthropist-founders, Jennifer and Jonathan Allan Soros, who underwrite Give Lively’s operating costs. They see Give Lively as a sustainable and efficient way to help meet the nonprofit community’s development needs, all while democratizing tech for nonprofits and leveling the digital fundraising playing field. They believe fundraising tech should be powerful, practical and free for all nonprofits. Give Lively also started welcoming optional tips from donors as a way to further extend the reach and capacity of its free products and services.

What $100 million means
The only required fees associated with Give Lively are the transparent costs of third-party payment processors, like Stripe, PayPal and Shift4 (coming soon), responsible for securely managing transactions from donation to disbursement. Other fundraising platforms, however, maintain complex pricing models, often levying supplemental charges such as Classy’s 4.29% platform fee, GlobalGiving’s 5% upcharge or, in other cases, integration fees, service fees, monthly or annual fees and more.

The $100 million in savings is based on the real prices advertised by these other fundraising platforms. Give Lively analyzes the costs that would have been charged to its member nonprofits if they had chosen to raise the same $1 billion on fee-based platforms versus Give Lively’s free tech and integrations.

“We think $100 million is a conservative estimate,” said DeParolesa. “There are plenty of those hidden fees and service charges on other platforms that we haven’t covered in our calculations.”

Of note, the $100 million figure includes savings for over 45,000 nonprofits that have received donations through Charity Navigator’s Giving Basket, powered by Give Lively. Give Lively was selected by Charity Navigator, the world’s largest and most trusted nonprofit evaluator, to build a new and improved Giving Basket. Launched in 2021, it enables donors to give directly to approximately 1.8 million nonprofits through Charity Navigator at no additional cost to nonprofits.

The value of values
In addition to Give Lively’s emphasis on the power of free, Give Lively leans on its progressive values, embraced as a core membership criterion. Give Lively personally reviews every membership application to ensure nonprofits align with its commitment to gender and racial equality, reproductive and LGBTQ+ rights, social and environmental justice, universal health and education, immigrant services and more.

“I could not be more proud of Give Lively,” said Jennifer Allan Soros, Give Lively’s co-founder. “What started as a free, single-product alternative to expensive digital fundraising tools has matured into a fully rounded, multi-product platform and game-changing market force. That the exceptional Give Lively team has held true to our guiding ethos demonstrates how technology can amplify social impact.”

About Give Lively
Give Lively (givelively.org) is a tech company reimagining the future of digital fundraising for nonprofits – powerful, practical and free. It builds easy-to-use fundraising solutions that are free for nonprofits and intuitive for donors, all while staying true to progressive values. Nonprofits using Give Lively have raised more than $1 billion for their critical work from 8 million-plus donations.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nonprofits-have-saved-100-million-in-tech-costs-on-1-billion-raised-through-give-lively-302238375.html

SOURCE GIVE LIVELY, LLC

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Eoptolink Releases OSFP 1.6T DR8 and 2FR4 Series Transceivers for AI/ML Clusters and Cloud Datacenter Networks

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CHENGDU, China, Sept. 20, 2024 /PRNewswire/ — Eoptolink Technology Inc., Ltd. (SZSE: 300502), a leading innovator and provider of advanced optical transceiver solutions, announces the release of its OSFP 1.6T DR8/DR8-2 and 2xFR4 transceivers enabling the next generation high bandwidth networks for AI/ML clusters and cloud datacenters.

Eoptolink 1.6T OSFP transceivers have 8 electrical host interfacing lanes and 8 optical lanes operating at 212.5Gb/s (106GB with PAM4). Equipped with the industry’s latest DSP, these modules support transmission distances of up to 2km without the need to regenerate the FEC. The 1.6T DR8 and DR8-2 modules comes with either one MPO-16 adapter for point-to-point (P2P) connections or two MPO-12 adapters for 2x800G breakout applications. The 1.6T 2xFR4 modules are designed with a dual duplex LC connector running with 2 pairs of fibers only, which could help users to save fiber resources compared to DR8 and DR8-2 versions.

The 1.6T DR8/DR8-2 and 2FR4 Portfolio consists of: – 

EOLO-13T-5H-XMX    OSFP 1.6T DR8, 1×1.6TbE, 500m, MPO-16
EOLO-13T-5H-XDX    OSFP 1.6T DR8, 2x800GbE, 500m, Dual MPO-12
EOLO-13T-02-XMX    OSFP 1.6T DR8-2, 1×1.6TbE, 2km, MPO-16
EOLO-13T-02-XDX     OSFP 1.6T DR8-2, 2x800GbE, 2km, Dual MPO-12
EOLO-16T-02-XXX     OSFP 1.6T 2FR4, 2x800GbE, 2km, Dual Duplex LC

Eoptolink OSFP 1.6T transceivers feature both EML and SiPh-based solutions, and testing has demonstrated excellent performance. “We are very proud of our optical and RF design teams, says Sean Davies, VP Sales, Eoptolink Technology Inc., Ltd. “Our 1.6T OSFP modules do not need an additional FEC on the optical side and this results in lower latency and power consumption of the modules simplifying the complete system and helping our AI and cloud customers in their work.”

About Eoptolink

Eoptolink Technology Inc., Ltd. (SZSE: 300502), a publicly traded company in China, is a leading innovator and provider of advanced optical transceiver solution for data center, enterprise and telecom networks. Eoptolink is dedicated to research, develop, manufacture and markets a diverse portfolio of high-performance optical transceivers for AI, Cloud Data Center, 4G/5G wireless, Transport & Datacom and FTTX applications all over the world.

Contact Us

China(HQ):   

No.510 Wulian Avenue, Chengdu 610200

USA:   

3191 Laurelview Court, Fremont, CA 94538

Thailand:   

390/21 Moo 2, Khao Khan Song, Sriracha, Chonburi 20110

E-mail:  

sales@eoptolink.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/eoptolink-releases-osfp-1-6t-dr8-and-2fr4-series-transceivers-for-aiml-clusters-and-cloud-datacenter-networks-302253858.html

SOURCE Eoptolink Technology Inc., Ltd.

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Flat Ads Makes Its Mark at DMEXCO 2024: Showcasing Strength in Programmatic Advertising

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COLOGNE, Germany, Sept. 20, 2024 /PRNewswire/ — In September, Flat Ads makes its mark at DMEXCO 2024, the prestigious European event of digital marketing and technology. The highly successful exhibition boasts 650 exhibitors, 850 speakers, and thousands of participants. At the event, Flat Ads showcased the strength of programmatic advertising platform in ad delivery, traffic optimization, and brand safety.

Flat Ads programmatic advertising platform has an exclusive developer traffic of 700 million and an extensive network spanning over 200 countries and regions worldwide. It cooperates with over 200 leading DSP/SSP partners, including FreeWheel, PubMatic and Criteo, leveraging an efficient and complete bidding system, as well as automatic delivery algorithms, to achieve precise marketing and advertising effectiveness maximization.

With its exclusive platform strategy algorithm, Flat Ads programmatic advertising platform can continuously conduct automatic exploration and matching based on the characteristics of DSP and traffic, optimize and adjust the algorithm model in real-time. This not only ensures the sustainability of DSP budgets, but also maximizes traffic utilization and enhances monetization revenue of advertisements.

Moreover, brand protection is among the top priorities of Flat Ads. In addition to accessing to authority agency Pixalate to test the effectiveness of ads, it has also accessed HUMAN, the global cybersecurity authority to safeguard its clients by preventing bot attacks, digital fraud and abuse, ensuring a stable, reliable, and secure programmatic advertising transaction platform.

By participating in DMEXCO 2024, Flat Ads showcased its outstanding strength and fruitful achievements in the programmatic advertising field, attracting the attention of numerous advertisers and developers for cooperation. Flat Ads boasts not only robust technical capabilities and innovative prowess, but also an active and open attitude towards emerging technologies, embracing and exploring them. It remains committed to providing more professional and efficient global marketing services to advertisers and developers worldwide, helping clients stand out in the fiercely competitive market and achieve business growth.

As a globally leading mobile advertising marketing platform, Flat Ads currently operates offices in Singapore, Indonesia, Hong Kong, and Guangzhou, serving over 1000 clients with global marketing solutions. If you’re interested in Flat Ads’ programmatic advertising services, please visit www.flat-ads.com.

View original content:https://www.prnewswire.co.uk/news-releases/flat-ads-makes-its-mark-at-dmexco-2024-showcasing-strength-in-programmatic-advertising-302253872.html

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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