Photo of check presentation to the National Multiple Sclerosis Society

PHOTO: Rich Israel (center), President of the National Multiple Sclerosis (MS) Society’s Pacific South Coast Chapter, accepts $5,000 from Jay McCabe (left), MS Society Board member and co-founder of Howard’s Team – a Bike MS cycling team. The funds represent pre-funding advances of shared savings from cost-saving firm Accretive of San Diego whose Managing Partner, Mark Neilson is on the right.

Cost savings firm, Accretive of San Diego, operates a revenue-sharing business model based on the actual realized (non-payroll) operating expense savings the firm helps generate for its clients. Accretive does not charge clients for its time or efforts, instead sharing in the actual savings. Its revenue-sharing model allows the firm to offer a minimum of 10% of its revenues to those individuals, companies or nonprofits that make introductions that lead to realized expense reductions.

While some are able to keep the referral fees, many are unable due to conflicts of interest or a desire to see the referral fees used for charitable purposes. The business model is also becoming an emerging source of new funding for several San Diego area nonprofits who are receiving donations from their corporate supporters from found savings realized through the Accretive model.

“Our model lends itself to sharing portions of the found savings with others in addition to the Company that engages Accretive,” notes Mark Neilson, Founder and Managing Partner, “and it gives us great satisfaction to see help multiple parties at once. Found money is a wonderful thing as it can do so much for a company and in the community.”

The funds represent pre-funding advances of shared savings from cost-saving firm Accretive of San Diego.

National Multiple Sclerosis Society

Accretive of San Diego works with forward-thinking C-level executives to identify opportunities within their organizations to reduce operating expenses and helps companies share savings with their chosen charities.

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