Common Impact CEO Theresa M. Ellis Named a 2008 Stevie Awards for Women in Business Finalist

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Common Impact, a nonprofit organization that is helping global corporations and local non-profits build stronger communities through employee engagement programs, announced today that its co-founder and CEO, Theresa M. Ellis, has been named a finalist for the 2008 Stevie Awards for Women in Business, an honor shared by just 13 other women worldwide. Ellis has been selected as a potential winner in the "Best Entrepreneur - Service Business" category for organizations with fewer than 100 people. The nomination recognizes her work as a social entrepreneur who has championed a new model of corporate philanthropy that depends on human capital, rather than just financial capital, to support nonprofits and build stronger communities.

Common Impact, a nonprofit organization that is helping global corporations and local non-profits build stronger communities through employee engagement programs, announced today that its co-founder and CEO, Theresa M. Ellis, has been named a finalist for the 2008 Stevie Awards for Women in Business, an honor shared by just 13 other women worldwide.

The prestigious Stevie Awards formally recognize exceptional women in the business world, including both corporate and nonprofit organizations. Ellis has been selected as a potential winner in the "Best Entrepreneur - Service Business" category for organizations with fewer than 100 people. The nomination recognizes her work as a social entrepreneur who has championed a new model of corporate philanthropy that depends on human capital, rather than just financial capital, to support nonprofits and build stronger communities.

Ellis founded Common Impact in 2000 when, at the age of 25, she realized that corporations hold an enormous source of wealth that could be tapped by nonprofits: their employees. She created Common Impact's volunteer-based employee model, wherein corporate workers bring their expertise to nonprofits in need of help in areas such as human resources, marketing, IT and finance - areas that are vital to nonprofits' success but often fall victim to the tight budgets that nonprofits face. During the past eight years, Common Impact has grown to partner with major corporations in Boston, New York and Richmond, Virginia.

"To be considered as a finalist among such an accomplished group of peers is an enormous honor," said Theresa M. Ellis. "This nomination is a vote of confidence not just for me, but for all of Common Impact. Every member of our team is passionate about connecting global companies with local nonprofits to build the fabric of our communities, and this recognition speaks volumes about what we've been able to achieve."

The winners of the 2008 Stevie Awards will be officially announced at an awards dinner on Friday, November 14th in New York City. All finalist organizations are invited to attend the dinner and receive Certificate of Finalist recognition; the winners in each category also receive a Stevie Awards trophy.

About Common Impact
Common Impact is a nonprofit organization that connects skilled professionals from global companies to high-potential local nonprofits. Our employee engagement programs match employee-volunteers with nonprofits that need help overcoming key business challenges. This innovative approach to corporate community service enables companies to realize a positive return on their social investment while building stronger teams and developing employee skills. At the same time, this access to private sector talent enables nonprofits to amplify their impact on the constituents they serve. Ultimately, our work helps foster stronger communities wherever those companies operate.

Further information can be found at http://www.commonimpact.org/.

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Meghan Gardner
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