Welcome!

News Feed Item

Rasmussen College Announces Public Benefit Corporation Status

The regionally accredited College joins global business movement to adopt policies and practices with specific public benefit.

MINNEAPOLIS, Jan. 21, 2014 /PRNewswire/ -- Rasmussen College announced today its transition from a traditional for-profit corporation to a Public Benefit Corporation. The change in corporate status reflects the commitment of the College to a higher standard of transparency, accountability and public service while harnessing the power of business to make a positive impact on society. Through the Public Benefit Corporation designation, Rasmussen College joins more than 850 companies spanning 60 industries.

(Logo:  http://photos.prnewswire.com/prnh/20121105/MM06109LOGO)

Since its founding in 1900, the private College has continuously been recognized for offering education and outreach services that extend to its student population and beyond to make its communities a better place to live, grow and learn. As a Public Benefit Corporation, the College will be able to expand on its mission to provide even more services to communities and focus volunteer efforts on meeting the diverse educational needs of individuals.

"As a higher education institution, we know education helps drive and build a healthy community, and it is the responsibility of successful organizations like Rasmussen College to use our resources to invest in these communities," said Kristi Waite, President, Rasmussen College. "Our mission is centered on serving our communities through education and other resources; it's embedded in our employees' values and in our culture and we are excited that we are taking this next step to reflect that mission as part of our official corporate designation."

From hosting community drives to supporting local food pantries and shelters to providing meeting space for local organizations on campus grounds, Rasmussen College believes service is a key element in being a strong community partner. Each year, the College hosts a Community Service Day in which over 1,400 employees across the country partner with local organizations and spend the day serving their community through various activities. Since the program began in 2009, employees have volunteered over 28,000 hours of service.

Contributions to the community extend well beyond volunteer service for Rasmussen College. The struggles in the U.S. workforce and economy over the past five years inspired the College to create free community career expos across its campus markets. Since the first expo began in 2009, the College has matched more than 20,000 individuals with potential employers, and has offered educational career outreach, job training opportunities, resume and interview workshops, business attire donations and career presentations to help its students and graduates find employment in high-demand careers. The Public Benefit Corporation designation will allow the College to make an even greater economic impact in the communities it serves, expanding its education and job placement expertise to a broader pool of employers and job seekers.

"Public Benefit Corporations are redefining the corporate status in the community and introducing a values-focused way of doing business," said Tom Slagle, Chief Executive Officer, Rasmussen College. "We are thrilled to demonstrate what is possible when we define success not just on achieving business objectives but also on our ability to use our resources for community good."

For additional information about Rasmussen College, please visit http://www.Rasmussen.edu/

ABOUT RASMUSSEN COLLEGE:
Rasmussen College is a regionally accredited private college specializing in high-demand educational programs in a supportive, student-centered environment. Rasmussen College offers Certificate and Diploma programs through Associate's and Bachelor's degrees online and across its 24 Midwest and Florida campuses. By combining career development expertise, high academic standards and exceptional student support services, Rasmussen College graduates gain the skills to succeed in their chosen field. Since 1900, Rasmussen College has been a primary contributor to the growth and development of the communities it serves. For more information about Rasmussen College, please visit www.Rasmussen.edu.

About Public Benefit Corporations
Public Benefit Corporations are a new class of corporation that 1) creates a material positive impact on society and the environment; 2) expands fiduciary duty to require consideration of non-financial interests when making decisions; and 3) reports on its overall social and environmental performance using recognized third party standards. For more information on Public Benefit Corporations, visit http://benefitcorp.net/.

Contact: Erin Werthman
Phone: (952) 844-5603
Mobile: (413) 636-6758
Email: [email protected]

SOURCE Rasmussen College

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Join IBM November 2 at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how to go beyond multi-speed it to bring agility to traditional enterprise applications. Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls ...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Judith Hurwitz is president and CEO of Hurwitz & Associates, a Needham, Mass., research and consulting firm focused on emerging technology, including big data, cognitive computing and governance. She is co-author of the book Cognitive Computing and Big Data Analytics, published in 2015. Her Cloud Expo session, "What Is the Business Imperative for Cognitive Computing?" is scheduled for Wednesday, June 8, at 8:40 a.m. In it, she puts cognitive computing into perspective with its value to the busin...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Everyone wants to use containers, but monitoring containers is hard. New ephemeral architecture introduces new challenges in how monitoring tools need to monitor and visualize containers, so your team can make sense of everything. In his session at @DevOpsSummit, David Gildeh, co-founder and CEO of Outlyer, will go through the challenges and show there is light at the end of the tunnel if you use the right tools and understand what you need to be monitoring to successfully use containers in your...