Former PayPal Executive Vince Talbert Joins GiveCorps as CEO
GiveCorps set to revolutionize online, mobile and social giving for higher education
BALTIMORE, Oct. 29, 2013 /PRNewswire/ — On the eve of its second anniversary, Baltimore-based startup GiveCorps has added Vince Talbert as CEO. E-commerce expert and co-founder of tech-giant Bill Me Later, Talbert was instrumental in its $1B sale to PayPal in 2008. He brings unmatched e-commerce expertise to the higher education-focused giving platform.
Over recent decades, higher education institutions nationwide have struggled to maintain alumni giving, with participation falling from 20% during the 1980′s to 9%* today. GiveCorps is positioned to move higher education beyond crowdfunding with a cloud-based giving platform that allows colleges and universities to match donor passions with real funding needs for the first time.
“Fifteen years ago, technology began changing the way we shop, communicate and live. Philanthropy is now at the cusp of a technological transformation and I wanted to partner with one of the best minds in e-commerce to propel our mission,” said Jamie McDonald, Founder and President of GiveCorps. “Vince is the ideal choice for CEO. His deep experience building high growth consumer and enterprise networks, paired with our first-hand knowledge of fundraising and evolving donor needs will be instrumental in guiding GiveCorps’ expansion.”
Mr. Talbert has 20 years of e-commerce experience and a proven track record of helping build and manage fast growth companies and dynamic networks of engaged consumers. Most recently he served as PayPal Vice President of Merchant Services. Prior to PayPal, Talbert co-founded Bill Me Later, the fast, simple and secure way to pay online without using a credit card. At the time of acquisition, the Bill Me Later network had expanded to include millions of engaged consumers and thousands of top retailers.
“I am excited to bring my internet marketing and e-commerce experience to a problem that is worth solving. Many non-profits that are doing great work, but face the challenge of finding resources to fuel their efforts,” said Vince Talbert. “At GiveCorps, we want to leverage the best practices of e-commerce to drive online fundraising to enable these organizations to do more good. We are starting with universities and colleges because they are full of young people who want to make the world a better place, and have grown up in the connected world. They are digital natives who will be the first army of givers to power GiveCorps.”
Founded in 2011, GiveCorps provides higher education the power to motivate connected constituents to give, act and share. The company’s cloud-based online, mobile and social platform adapts today’s digital best practices to increase engagement, fundraising and stewardship. With no special programming, higher education institutions can quickly connect donors to project-based fundraisers, tangible impacts, and crowdfunding to build deeper connections and increase response rates.
The co-branded giving platform enables colleges and universities to present ongoing personalized giving opportunities, as well as capture real-time moments of passion, and instantly turn them into custom fundraisers.
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*Voluntary Support of Education Annual Survey, The Council for Aid to Education, February 2013.
GiveCorps CEO Vince Talbert and Founder Jamie McDonald are available for interviews. To request an interview or images, please contact Heather McIntyre at 781.684.6245, or email@example.com.