CNM Connect will be able to help more nonprofits than ever now thanks to the $50,000 grant it just received.
The Dallas-based company provides software called CNM-pact that helps nonprofits track, analyze and report data on a web-based service. That way, the nonprofit can show donors where their money goes, how it helps people, and an overall return on investment, said Tina Weinfurther, president and CEO of CNM Connect.
“Nonprofits that are focused on results and changing lives are going to be the nonprofits going forward that will receive the funding,” she said.
“Nonprofits that are focused on results and changing lives are going to be the nonprofits going forward that will receive the funding.”
The grant, funded by the Aspen Institute and JPMorgan Chase & Co, will allow CNM Connect to reach out to multiple nonprofits that are in the same space, helping them all at once, Weinfurther said.
“We look forward to working with nonprofits in the same mission space individually as well as collectively across a shared measurement system to drive greater community impact,” she said. “We were pretty happy that we were chosen to get a grant.”
The software also helps nonprofits find areas where they could improve or where they aren’t seeing a proper return on investment, Weinfurther said.
The company was previously known as the Center for Nonprofit Management and was founded in 1980. CNM Connect was one of 10 companies nationwide to receive the grant.
The grants were announced last month at the Business Forum: Strengthening Nonprofits, Strengthening Communities in Washington D.C.
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