We’re thrilled to announce Rising Tide, our latest initiative generating momentum for social good in communities across the nation.
In partnership with Broadway Bank and Texas Partners Bank, Rising Tide offers an innovative interest earning opportunity for nonprofits though on-demand notes. Nonprofits now have the option to no longer rely on traditional savings avenues offering minimal returns and instead grow their operating revenue through a no-risk, guaranteed 5% interest return on their capital.
“Rising Tide is an extension of Notley’s commitment to generating momentum for social good — and nonprofits have been seeking a solution like this for years,” says Barbara Daniels, Chief Financial Officer at Notley. “Traditional savings returns are unsatisfactory and long-term CDs are prohibitive to most organizations. Notley’s Rising Tide provides a vehicle for predictable revenue growth in an unpredictable financial market and unlocks outsized returns that are reinvested in our communities. A rising tide, truly, lifts all boats.”
We recognize that scalable and sustainable solutions are needed to solve our toughest challenges – and we see Rising Tide as an opportunity to support measurable community impact and enable Notley to use investment returns to create more impact in a wide range of social impact causes in Austin and beyond.
Shout out to the first five organizations already participating in Rising Tide – Livestrong Foundation, Urban Roots, Child Poverty Action Lab, Dollar For and Hemisfair Conservancy. We appreciate their unwavering support!
For more information about how nonprofit organizations can grow their revenue via Rising Tide, reach out to Barbara Daniels at [email protected].