'Impact Fund' Launched to Help Nonprofits Manage Volunteers; The UPS Foundation, Capital One Financial, and The Home Depot are Supporting Initiative

'Impact Fund' Launched to Help Nonprofits Manage Volunteers; The UPS Foundation, Capital One Financial, and The Home Depot are Supporting Initiative: "Impact Fund' Launched to Help Nonprofits Manage Volunteers; The UPS Foundation, Capital One Financial, and The Home Depot are Supporting Initiative

WASHINGTON, D.C--(BUSINESS WIRE)--Aug. 4, 2005--The UPS Foundation (NYSE: UPS) and two leading U.S. companies are joining to launch formally a unique grant-making fund to help non-profit organizations manage volunteers more effectively.

In development for the past year, 'IMPACT: A Fund for Change Through Volunteerism,' will combine financial resources from The UPS Foundation, The Home Depot and Capital One Financial. Grants will be made to both national and local organizations to support projects aimed at improving the use of volunteers. Organizations will be encouraged to work together to address challenges in effective volunteer management that in the past they have tackled alone."