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The best source for news and information about crowdfunding for good.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Monthly Archives: December 2014

Giving Tuesday: 5 Ways to Boost Your Wallet & Give Back As FWA Announces Holiday Benefit

Financial Women’s Association on Ways to Give Back this Holiday & Impact the Financial Industry

“The power of giving back can have a lasting impact well beyond Giving Tuesday,” says Financial Women’s Association (FWA) Executive Director Jennifer Openshaw.

The nearly 60-year-old association today announced that it will host its annual holiday benefit — this year featuring champagne, chocolate and fashion designer Nina McLemore (whose clients include Hillary Rodham Clinton, Janet Yellen and Pepsico’s Indra Nooyi) — at the Paley Center on December 9th.

How can consumers and leaders in the financial industry give back? Here are five ways.

  • Attend a Charitable Event – Why not have fun, network, and support a cause? From universities to religious organizations to other causes, ‘tis the season for powerful events. But make the most of them: build new relationships. The FWA’s Champagne & Chocolate Holiday Benefit will support mentoring that has already helped 5,000 young women advance in the financial industry.
  • Save Big or Live Large via Charity Buzz – Ever heard of CharityBuzz?  This innovative website offers a unique way to have an impact while enjoying extraordinary experiences. From hotels, luxury properties and airlines to walk-on roles on a top TV show or lunch with Michael Bloomberg, you can bid on items and save (or spend) big bucks. Tiffany & Co. has donated a “Breakfast at Tiffany” for four along with a private tour of the Tiffany Workshop in support of the FWA. To get notified about the start of the auction, go here.
  • Donate Stock to a Charity – ‘Tis the season to give, and if you’ve been one of the lucky ones who did better financially than you expected, maybe you’re up for sharing more of it. You can give cash or stock to a charity.

Those who choose to give can also donate cash, such as through the FWA (www.fwa.org/donate) and receive the tax deduction for the full value. But be sure to act by December 31st.

  • Support a Cause – Traditional rules of thumb suggest one donate 10 percent of his/her earnings to charity. Remember, a $1,000 donation equals an approximate out-of-pocket cost of $700, depending on your tax bracket. But should you choose many causes or just one? A few guidelines to consider include:
    • Consider Your Values & Preferences – Before you write a check, consider what’s important to you. What legacy or impact do you have to have? Promoting peace? Economic independence? Advancement of women? Locally, nationally or globally?
    • Choose Organizations that Align – Check out the organization’s mission. Visit its website and/or talk to others to understand its purpose. You might even consider an organization that your children help you choose.
    • Consider Effectiveness & Size – You can usually determine an organization’s effectiveness by looking at their annual report, newsletter and/or program information. Other ways are to see who else supports the group, such as businesses, or to actually get involved. As for size, larger organizations might be more known with more supporters than smaller ones, but younger or smaller charities might be an opportunity to have a greater impact given the typically fewer number of donors.
    • Consider How Much – You can choose one organization or perhaps a few. If you’re getting to know an organization, consider an amount you might consider renewing next year as you become familiar with the organization.
  • Mentor Someone – Even if you’re not able to dole out money, you can devote your time. This holiday season might be a time to commit to helping someone who might not have the same resources or access to get ahead as you.  Mentoring is vital to addressing the shortage of women in the financial industry along with the 71 percent of FWA members who want to give back through mentoring. One young woman, Yan Bai of Baruch College, says: “I have multiple job offers that I wouldn’t have had without the FWA’s mentoring program.” Other places to mentor include iMentor and your own employer. Or, simply open-up yourself to the possibilities around your own network and neighborhood.

For questions about tax deductions or personalized tax guidance, please consult a tax advisor.

About the FWA

Founded in 1956, the FWA provides a forum to help advance the leadership of women in the financial community. The New York-based organization partners with companies to share best practices and provides opportunities for members to build their careers, meet industry leaders, earn the support of powerful women and major companies, and contribute to the next generation of female leaders. The FWA’s community activities include mentoring, scholarships and training programs that have helped over 5,000 young people.

Note: A copy of the FWA’s latest annual report may be obtained, upon request, by contacting the FWA, 215 Park Avenue South, Suite 1712, New York, NY 10003 or from the New York State Attorney General’s Charities Bureau 120 Broadway, 3rd Floor, New York, New York 10271).To access the FWA annual report, go here.

You Can Help Fund Education In Ghana

Tetenyo Kodah is working to improve education in Ghana. He is raising money on Indiegogo. Recently, I caught up with Tetenyo to learn more about the effort; here’s what he told me:

What is the social benefit you hope to achieve with or through your crowdfunding campaign?

Give our rural pupils quality education which will give them the opportunity to compete with those in the urban schools as education is the most common thing children share in the world.

How much money are you hoping to raise and why? How much have you raised so far?

In consideration of the nature and the scope of the project our technical team made it clear we need more than US $200K to make the project relevant in the lives many pupils as early as possible. For this matter we hope to raise US $50000, which will help us to start the project. US $10 is so far raised.

Whom are you trying to help with your project and why?

Pupils in all rural schools in Ghana and Africa. The rural school is facing many challenging which make the school inadequate.

What rewards, if any, are you offering to your supporters?

You will receive our thank you e-mail, our traditional clothing from Ghana and painted images.

Check out the campaign:
Visit the website.
Follow on Facebook.
Follow on Twitter at @tetenyo

Help Fund Drug Treatment in Pakistan

Fahad Hassan is working to provide drug treatment and education to people in Pakistan. He is raising money on Indiegogo. Recently, I caught up with Fahad to learn more about the effort; here’s what he told me:

What is the social benefit you hope to achieve with or through your crowdfunding campaign?

According to reports, there are 6 millions peoples in Pakistan from aged 14 to 65 are drug dependents. Our mission is to give them their life back by rehabilitation and giving proper treatment. We are with a mission to create a drugs-free and healthy society. We have a team of dedicated professionals who are working day and night to give the addicted and psychiatric patients a new life. We are committed to Reducing the barriers by Promoting charges of attitudes and practice among both women and men. Taking proactive measures to promote the people not to take drugs. To provide continuing support to educate the people and to intimate them regarding disadvantages not to take proper training and education will make a lot of difficulties in all walks of life. To provide free medical facilities to the poor and needy people. To provide assistance to general peoples from avoiding use drugs and injurious for health. To provide special medical assistance to the peoples who intend to serve the general public for medication and facilitation.

How much money are you hoping to raise and why? How much have you raised so far?

I just started my campaign and only raised $2 so far. And my goal is to raise $10,000. By which we can expand our accommodation facilities for rehabilitating more patients. Will hire more staff to serve drug addicted patients. And also will help poor needy peoples who ruined their lives by drugs abusing. We committed to improving the lives of families and individuals affected by Narcotics proactively advancing research for better understanding, better treatments and a cure; educating the public and healthcare professionals about all forms; advocating for universal Anti Narcotics screening; and providing support services and resources vital to the society. We focused mission to provide quality health and social services to underserved communities, by using innovative and participatory approaches and to provide the free medical treatment to the general public.

Whom are you trying to help with your project and why?

Trying to help drug addicted peoples, Integrated care delivery for NARCOTICS patients and their families. Counseling and support services for NARCOTICS patients and families. Training of medics, paramedics, nurses and counselors in medical care and counseling of NARCOTICS patients and families. To improve knowledge and practice of HIV preventive measures including use of high quality STI services, by the general adult public. To increase general public access to appropriate information related to NARCOTICS. To increase utilization of already established networks of healthcare services for the dissemination of NARCOTICS information and prevention material. The objective is to develop, disseminate and encourage adherence to national guidelines and policies on infection control.

What rewards, if any, are you offering to your supporters?

As of now, we are offering a few rewards related to Drug Awareness Programs. Including books and ebook for self awareness about drugs and their affect on daily life. Information about most popular drugs currently being used in countries. And also if someone wants any particular drug information. also offered a limited reward of T-Shirts with logo.

Check out the campaign:
Visit the website.
Follow on Facebook.
Follow on Twitter at @FahadHassanSial

Numi Organic Tea Joins the National #GivingTuesday Movement To Encourage Spending With A Purpose

Pledges to donate $5 to charity: water

Oakland, CA (December 2, 2014) – Numi Organic Tea has joined #GivingTuesday, a first of its kind effort that will harness the collective power of a unique blend of partners—charities, families, businesses and individuals—to transform how people think about, talk about and participate in the giving season. Coinciding with the Thanksgiving Holiday and the kickoff of the holiday shopping season, #GivingTuesday will inspire people to take collaborative action to improve their local communities, give back in better, smarter ways to the charities and causes they support and help create a better world. Taking place December 2, 2014 – the Tuesday after Thanksgiving – #GivingTuesday will harness the power of social media to create a national moment around the holidays dedicated to giving, similar to how Black Friday and Cyber Monday have become days that are, today, synonymous with holiday shopping.

Numi Organic Tea has joined #GivingTuesday to raise money for their new fundraising initiative for charity: water, “Together for H2OPE.” Numi is asking their “communi’tea” to share a moment of gratitude for our access to clean, safe water and post a photograph of a favorite moment that includes water or water activities via Twitter and/or Instagram with the hashtag #4H2OPE. For every individual who shares their #4H2OPE moment on Tuesday, December 2, Numi will donate five dollars to charity: water.

“My sister Reem and I started Numi Organic Tea because we believe everyone deserves a good cup of quality tea. But, what’s tea without water? “remarked Ahmed Rahim, co-founder of Numi Organic Tea. He continued, “While we’re fortunate to have access to clean, safe drinking water, one in every nine people on the planet, almost 1 billion people, live without this basic human right.” Reem Rahim added, “We want to change that. Through our Together for H2OPE initiative we are partnering with charity: water to help bring clean, safe drinking water to people in need.”

“It’s been a privilege to work with remarkable leaders all over the country building a movement around #GivingTuesday,” said Henry Timms, 92Y’s Executive Director. “This initiative has truly been crowd-sourced by some of the smartest and most connected minds among the next generation of philanthropists and entrepreneurs. #GivingTuesday is a counter narrative to Black Friday and Cyber Monday because it reminds us that the spirit of the holiday giving season should be about community and not just consumerism,” said Kathy Calvin, CEO of the UN Foundation. “The most meaningful gift we can give our children, loved ones, friends and neighbors is the commitment to work together to help build a better world.”

Those who are interested in joining Numi Organic Tea’s #GivingTuesday initiative, #4H2OPE, can visit numitea.com/h2ope/4h2ope.

Save Money and History by Donating to Presonomics

ATLANTA (Dec. 2, 2014) – Presonomics, Inc., a national nonprofit, is pleased to announce the launch of a crowdfunding campaign to enrich communities throughout the world with the construction of a free, online repository of all extant publications related to the social and economic benefits of saving historic places.

“We want you to know that old buildings can be major moneymakers for your community,” said Presonomics founder and executive director Clint Tankersley. “And since those in power are more easily persuaded by data-driven studies, Presonomics will compile all publications about preservation economics and put them online for easy access. We believe that this will be an invaluable resource for governments and nonprofits everywhere as they struggle to save historic places.”

Donations for this powerful new tool, called the Presonomics Open Access Repository, or POAR, will arm activists with the data to help them save historic places.

As shown in the nonprofit’s promotional video, historic communities like East Point, Georgia are in dire need of the services to be offered by Presonomics. Local East Point activist Stas Rusek, who is grappling with misinformed decision makers, said, “Presonomics is exactly what we need because Presonomics can help us show the city that these buildings are assets and not liabilities.”

Launched in conjunction with Giving Tuesday—the annual worldwide campaign to raise money for charities—Presonomics’ online campaign will run for 60 days and includes rewards such as personalized postcards, t-shirts, and special preview access to the pre-release version of POAR. Presonomics hopes to raise at least $10,000 to start building its digital repository and has set a stretch goal of $40,000. All donations are tax-deductible within the United States.

To donate or to learn more about Presonomics, please visit www.presonomics.org/donate.

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