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Monthly Archives: July 2017

Northwest Startup Groundswell Provides Sustainable Funding Model For Nonprofits

Company to raise $1 million new crowdfunding laws to launch first customers

Press Release – WASHOUGAL, Wash. — GroundSwell, a Washington State social purpose corporation based in Washougal, Wash., is shaking up the philanthropic world with a sustainable revenue-sharing approach designed for nonprofit organizations. This month, the company–whose mission is to sustainably fund organizations that make the world a better place–kicked off its final round of investment crowdfunding to raise $1 million for its public launch this fall.

“Other companies, banks, and credit unions offer traditional debit cards. We created GroundSwell because we saw a better way to put technology, banking, and philanthropy together,” said Dr. Daniel Rubano, co-founder and CEO. “To date, we have raised more than a million dollars, and are now in our final phase of fundraising to allow everyone to become part of this movement and support our public launch this fall.”

Money on a Mission

Each time we swipe our credit or debit card, a transaction fee is generated, providing more than $60 billion in revenue to banks. Licensed as a bank, GroundSwell’s business model redirects these fees from big banks back and shares them with partner nonprofits through customized Visa debit card programs. Each time a card is used to make a purchase, the profits generated from the processing fees are shared with the nonprofit partner..

The result is a sustainable revenue stream that helps address the needs of the 1.5 million nonprofits that are underfunded, according to the National Center for Charitable Statistics. Nonprofit members’ Visa debit cards act just like a checking account, with no credit checks, fees, or interest, and are FDIC insured.

“We looked around and saw there was a need to act fast to make our world a better place,” said Joseph Graves, head of Operations & Program Development. “GroundSwell gives us a way to live out our commitment to making a difference and allow anyone to support the organizations they love by simply doing the things they would normally do every day already!”

Become a GroundSwell Investor

Anyone passionate about giving back and supporting nonprofits is invited to become part of the groundswell to share the wealth with those who will use it best. Participants can buy ownership through our partner Wefunder, an investment crowdfunding platform. These funds will support operations for the next 12 months to develop services, expand our nonprofit partner network, and conduct initial testing with early adopters. The minimum investment is $100. Owners will be the first to receive their Money on a Mission VISA debit card pre-loaded with thank you funds to start making a difference. They also will gain access to company updates, insider information, and company store. To learn more or make an investment, visit www.groundswellworld.com/media.

Nonprofit organizations interested in becoming partners, please visit groundswellworld.com/partner-faq

About Groundswell

Established in 2015, GroundSwell is putting money on mission by servicing nonprofit organizations dedicated to doing good in the world. By creating the opportunity for all of us to make a difference every day, GroundSwell provides sustainable revenue for underfunded nonprofits by redirecting visa debit revenue from big banks. To learn more, visit GroundSwellWorld.com and follow us at facebook.com/GroundSwellSPC, twitter.com/GroundSwellSPC and linkedin.com/company-beta/17955042.

Sources:

https://www.federalreserve.gov/paymentsystems/files/debitfees_costs_2015.pdf

https://www.aol.com/article/finance/2017/04/13/this-is-how-credit-card-companies-hauled-in-163-billion-in-2016/22038773/


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ROMP With ROMP—How To Get Involved With The Elite Climbing Team And In Your Own Backyard

The Range of Mobility Project challenges everyone across the globe to participate in one of the 25 climbs across the world, there’s one near you!

Press Release – Denver, CO (June 27, 2017)—The Range of Motion Project (ROMP) is thrilled to announce the participation of BBYO Passport, the leading provider of travel experiences for Jewish high school and middle school teens, and their aspirations to complete six climbs around the globe in honor of ROMP and their annual celebrity and influencer climb in Ecuador. Approximately 300 youth will use their mobility to help provide mobility opportunities for individuals globally by promoting on their social media channels including Instagram, Facebook, Snapchat and Twitter!

This year, participants in BBYO Passport’s summer programs will have the opportunity to further their experience and education by climbing in awareness of a selfless cause. 2017 BBYO climbs (we need dates and specific locations) include:

Example

Masada, Israel: July 10
City, Country

Masada, Israel

Grand Canyon, Arizona
Rock of Gibraltar: July 5th Mt Vesuvius: July 23
Monserrat: June 30

Thailand

Slovenian Mountains to Lake Bled Volcano atop Edinburgh

Participants in these summer programs are leading the charge by registering, sending it out to family and friends, and, most importantly climbing for a cause. Now, how can you get involved? Log onto (rompglobal.org/climbing-for-romp/) to discover climbs in your area, or to start your own. Even a stroll in your neighborhood brings insight and awareness to the cause. Share your story by using the hashtag #ClimbingforROMP.

ABOUT ROMP: ROMP is a technology-based, nonprofit organization, which provides high quality prosthetic care in underserved populations, thus enhancing mobility and unlocking human potential. ROMP believes that prosthetic limbs and orthotic braces are not simply medical devices, but instruments of personal empowerment. ROMP recognizes the dual hardships of living in poverty with a disability, and stand in solidarity with those who are made to suffer from an unequal distribution of care.

Since 2005, ROMP has seen over 6,000 patients with custom-made prosthetic and orthotic devices in Guatemala, Ecuador, Mexico, Haiti, Pakistan, and the US. The organization believes that training locals to provide ongoing services in their communities is the only way to fix a long-term problem. For example, the ROMP clinic in Guatemala is staffed by highly trained individuals from the community and is open to patients year-round. ROMP believes that all human beings are made to be mobile, regardless of geographic location or socioeconomic status, and that physical mobility is a critical component of social mobility and the pursuit of life’s many aspirations.

THIS YEAR’S CLIMB! This year’s celebrity and influencer climb is of Cayambe, Ecuador’s third highest mountain rising to almost 19,000 feet. On July 27th & 28th Americans and Ecuadorians, both amputees and able-bodied athletes, will attempt to summit Cayambe. Among the group’s climbers is Maryland’s 61st Governor, Martin O’Malley. The expedition is to bring awareness to the unequal distribution of prosthetic care around the world and is a symbol of the power of the human spirit and what can be achieved when given access to proper care. The Cayambe climb will be led by world record speed climber, Karl Egloff with Cumbre Tours.

HOW CAN YOU GET INVOLVED? Volunteers throughout the world will host their own climbs in solidarity with the elite team in various locations. People of all backgrounds and all abilities will join in this global movement to raise awareness and funds for individuals who cannot afford or do not have access to prosthetic services. Please log onto the organization’s website (ROMPGlobal.org) and social media pages (Facebook.com/ROMPGlobal, Twitter.com/ROMPGlobal, and @ROMPGlobal) to view and sign up for local climbs. All climbs are being raised through Crowdrise, and the organization is still seeking sponsorships.


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BidPal® Powered Fundraisers Soar; Spring Proceeds Reach $162 Million

Press Release – INDIANAPOLIS — (July 11, 2017) —The number of mobile bidding fundraisers powered by BidPal rose 27 percent through the 2017 Spring fundraising season compared to a year ago, and total proceeds raised by nonprofits increased 22 percent to $162 million. BidPal, the leading mobile fundraising platform helping nonprofits raise more money, also announced that they powered 464 net new events during the period, an increase of 30 percent. Click to Tweet.

Growth was driven by do-it-yourself fundraisers (“DIY”), which increased by 76 percent. Full service fundraisers made up the majority of BidPal’s events and rose 10 percent during the period. Online fundraisers were up 16 percent and Text2Give campaigns rose 31 percent.

“Fundraisers don’t end with the event. This is why BidPal continues to be the technology of choice for nonprofits looking for a full-featured, easy-to-use solution that allows year-round online fundraising,” said BidPal CEO Steve Johns.

BidPal develops software that helps nonprofits manage their fundraising campaigns throughout the year, including events and auctions; online giving; online stores; Text2Give; and soon to include walk, run and ride campaigns. BidPal’s robust reports provide the insight needed by nonprofits to work more efficiently and improve fundraising efforts.

This year, BidPal expanded BidPal Connect™, an app available on the Salesforce AppExchange, to include integration of individual donor activity—such as ticket and auction item purchases, donations and raffle participation. This detailed information gives nonprofits better insight into donor engagement.

“BidPal is leading the way building the best mobile software, integrated payments and tech-enabled solutions for the nonprofit market. Stay tuned. We will be rolling out some exciting new features in the coming months,” said Johns.

About BidPal, Inc.

BidPal creates mobile fundraising software that helps nonprofits engage donors and raise more money. Our cloud-based mobile and payment solutions have helped thousands of organizations raise more than $1 billion through 10,000 events and connect with over one million unique donors. Located in the marketing technology hub of Indianapolis, BidPal has been recognized on the Inc. 500 list of Fastest Growing Companies and has received a Techpoint MIRA award for Mobile Technology Excellence & Innovation. Connect with us on Facebook at Twitter.


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Mike Trout, Carlos Martinez and George Springer Highlight Pledge It Charitable Campaign Success through MLB All-Star Break

Press Release – HARRISBURG, PA, July 11, 2017Pledge It, the nation’s leading performance-based crowdfunding platform (money is raised based upon athletic performance), has raised more than $334,000 for charitable causes through its 16 Major League Baseball (MLB) 2017 campaigns at midseason.

During the 2017 MLB regular season, more than 15 players have partnered with Pledge It to convert their on-field statistics into financial support for charitable causes. MLB fans are encouraged to pledge a donation for every home run, hit, or strikeout recorded to help make an impact.

“We’re proud to help so many MLB players earn support for such compelling causes through the first half of baseball season” said Scott Shirley, Pledge It CEO and former Penn State football and baseball player. “Our community of athletes believe in the power of sport for social good.”

“I founded the Tsunami Waves Foundation in 2015 with the goal of helping children in need. This cause is very close to my heart as I was once one of those children,” said St. Louis Cardinals’ Carlos Martinez, who is dedicated his 2017 season to help improve the lives of the impoverished in the Dominican Republic. “It is my hope that through Tsunami Waves I can help make a difference in the lives of under-privileged children both locally and in the Dominican Republic.”

Other MLB 2017 / Pledge It campaigns include:

ABOUT PLEDGE IT

At Pledge It, we believe support for a cause is earned, not given. Our community of athletes are inspired to earn the change they want to see in the world! From professional players to weekend warriors, athletes of all levels are earning their impact with Pledge It – join the movement at www.pledgeit.org. See how Pledge It is revolutionizing online crowdfunding and non-profit fundraising at Pledge It Video.


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Madonna Set To Officially Open The Mercy James Institute For Pediatric Surgery And Intensive Care On July 11, 2017 In Blantyre, Malawi

Centre Is The First Of Its Kind In The African Nation

First Patients Admitted June 29, 2017

Press Release – New York, NY – July 7, 2017 – Madonna today announced the Mercy James Institute for Pediatric Surgery and Intensive Care will officially open on Tuesday, July 11th at the Queen Elizabeth Central Hospital in Blantyre, Malawi. The Mercy James Institute for Pediatric Surgery and Intensive Care is the first unit of its kind in Malawi. It is named for Madonna’s Malawi-born daughter, Mercy James, and is developed in partnership with Madonna’s charitable organization, Raising Malawi and the Malawian Minister of Health. The first patients were admitted on June 29, 2017.

“When you look into the eyes of children in need, wherever they may be, a human being wants to do anything and everything they can to help, and on my first visit to Malawi, I made a commitment that I would do just that,” said Madonna. “As we approach the opening of the Mercy James Institute for Pediatric Surgery and Intensive Care, I’d like to thank everyone who has joined me on this unbelievable journey. What started out as a dream for Malawi and her children has become a reality, and we couldn’t have done it without your support.”

Announced in November of 2014, The Mercy James Institute for Pediatric Surgery and Intensive Care is a state-of-the-art pediatric surgery and intensive care unit. It will help Queen Elizabeth hospital double the number of surgeries performed on children each year and will increase the chance of survival after critical surgeries. In addition to serving more children, this new facility will become a training center of excellence for Southern Africa, with more local doctors acquiring the skills needed to perform pediatric surgery. In a country with only four pediatric surgeons and 50% of the population under 15 years old, this new facility could make a significant difference in the lives of Malawian children.

“Malawi has enriched my family more than I could have ever imagined,” added Madonna. “It’s important for me to make sure all my children from the country maintain a strong connection to their birth nation, and equally important to show them that together, humans have the power to change the world for the better.”

In addition to being a world-class medical facility, The Mercy James Institute for Pediatric Surgery and Intensive Care will have extensive dedicated spaces making the time children spend in the hospital as comfortable as can be. These spaces and elements include a playroom for children to be engaged and learn, an outdoor play structure and inspirational murals curated by Madonna and created by artists that she’s brought to the country, and more.

For more information on the Mercy James Institute for Pediatric Surgery and Intensive Care visit: http://www.raisingmalawi.org/health/

For more information on how to donate visit: http://donations.raisingmalawi.org/


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Williams College Professor’s Research Shows Thank You-Gifts Undercut Charitable Giving

Press Release – WILLIAMSTOWN, Mass., July 5, 2017 — Research recently published by Williams College assistant professor of economics Matthew Chao in the Proceedings of the National Academy of Sciences (PNAS) shows that offering thank-you gifts during fundraising campaigns may actually reduce the number of contributions made.

Chao partnered with a public radio station to test the effectiveness of thank-you gift offers during the station’s monthly membership renewal campaign. The campaign mailed 3,641 previous donors a solicitation letter once they were approaching the one-year anniversary of their last donation. All recipients received a standard solicitation letter and remit form, and some recipients were randomly selected to also receive a large, colored insert advertising an opt-in thank-you gift in exchange for a donation of at least $180. In some cases, the station offered a tumbler as the gift. In other cases, the station offered to donate meals to the local food bank as the gift.

His research found that those who were randomly chosen to receive the gift offer were less likely to contribute than those who received no such offer. This occurred for both types of gift offers. Common theories in economics and psychology suggest that this may occur because the gift makes the donation feel less selfless, leading to decreased motivation to donate. However, this explanation does not hold for the food bank gift that the station offered, since donating meals to the needy would not reduce the perceived selflessness of the donation.

Instead, Chao’s research points to attention-based models of choice to explain the results. “The eye-catching, colored insert draws attention toward the gift and away from all of the intrinsic reasons one might have for supporting the station,” Chao says. “When individuals open the envelope, they face a split-second decision on whether to donate or to instead throw the mailer out. At this critical point, they may be thinking about whether the tumbler or the meals gift is worth $180 instead of how much they enjoy the station’s original programming.” Since both gifts had market values in the range of $15 and were clearly not worth $180, this change in attention and mindset may explain why both gift offers led to fewer donations.

While these results caution nonprofits to be more wary of these types of fundraising strategies, Chao warns that the results do not suggest that these techniques should never be used. Gift offers that are more appealing to donors could still increase donations. Gifts may also be more effective when targeting those who have never donated before, instead of recent donors as was the case in this study.

Finally, the study emphasizes that an attention-based mechanism is not the only way in which these types of results may come about. Other explanations may fit results found in other contexts. The study simply demonstrates that in this particular context, an attention-based mechanism is the most likely explanation for the observed results.

Chao earned his bachelor’s degree from Dartmouth College and his Ph.D. in economics from the California Institute of Technology. His research is in behavioral economics, judgment and decision-making, and empirical microeconomics. He has been at Williams since 2015.


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Lice Clinics of America Announces Equity Crowdfunding Campaign

The World’s Largest Network of Lice Removal Clinics Creates Unique Investment Opportunity with Title III Regulation Crowdfunding Campaign

Press Release – Salt Lake City, UT (June 28, 2017)Lice Clinics of America®, the world’s largest lice-treatment products and services company, announced the launch of its Title III Regulation Crowdfunding Campaign (Reg CF), allowing accredited and non-accredited investors to purchase equity in the well-established company.

Lice Clinics of America has grown rapidly, doubling sales in each of the last three years under the leadership of CEO Claire Roberts, to $7.6 million in 2016 and is now seeking to raise money in equity crowdfunding.

“We think our Reg CF offering will be very unique for both investors and supporters of what we do,” said Roberts. “This is more than just about raising capital to advance and expand Lice Clinics of America product and service offerings. We want people to know our story, including our philanthropic and community work, our mission to put an end to head lice, as well as to see this as a business opportunity where failure of the leading global brands has created great opportunity for innovation.”

With supportive capital from 37Ventures, LLC, plus an engaged and passionate group of accredited angel investors, Lice Clinics of America has grown to more than 250 clinics in 17 nations and recently passed the 250,000 treatment mark with its patented and FDA-cleared AirAllé® dehydration medical device and method.

Lice Clinics of America is seeking investments through StartEngine, an online equity crowdfunding platform co-founded by Activision co-founder Howard Marks.

“Companies can begin this process at any time – whether they are in very early stages or experiencing massive growth,” said Marks. “This solution to financing helps entrepreneurs stay true to their missions and maintain control of their companies. Consumer-owned means keeping the companies on track and allowing them to grow with their customer base.”

The campaign will feature a video highlighting the experiences of families at a women’s shelter in Texas, to which Lice Clinics of America has provided free treatments and products. The shelter suffered from a lice infestation for over a year, unable to cure it with the leading OTC products that no longer work because of pesticide-resistance. With Lice Clinics of America’s intervention, the lice were gone and the shelter became a true refuge for the clients.

“Lice Clinics of America is committed to the communities in which we operate, so no one gets left behind,” adds Roberts. “Yes, we are raising capital to supplement our ongoing growth strategy, but more importantly, we want to expand our network of supporters and attract people interested in helping us promote family health through accurate information and products and services that really work.”

In addition to its focus on family health, Lice Clinics of America is unique because of its ownership and leadership. Half of the corporate leadership team is comprised of women; and 75 percent of the clinics are owned by women. While lice can affect anyone in a family, the chore of dealing with infestations usually falls to moms; and girls tend to get lice more frequently than their brothers. The Reg CF campaign video reflects this female reality and seeks to appeal to women who have previously supported family health causes, and who are interested in equity crowdfunding.

For additional information on Lice Clinics of America’s Reg CF campaign, please visit our investment page.

ABOUT LICE CLINICS OF AMERICA

Lice Clinics of America stands for healthy families and healthy kids, no matter where they live or what their life circumstance is. Our mission is to provide caregivers and medical professionals globally with lice-treatment solutions that are non-toxic, pesticide-free, science-based, completely effectively, and most of all, affordable.

With more than 150 clinics in the US and over 100 internationally, and new products now available at Walmart and other leading retailers, Lice Clinics of America is the world’s largest provider of urgent care lice treatment. Our expert clinicians treat and cure head lice infestations in a single one-hour treatment. The Lice Clinics of America brand is owned by Larada Sciences, Inc. For more information visit www.liceclinicsofamerica.com.

ABOUT STARTENGINE

StartEngine is a premier equity crowdfunding platform, connecting qualified millennials and other investors with tomorrow’s progressive companies. Based in Los Angeles, the company was created in 2013 by Howard Marks, co-founder of Activision, and Ron Miller. StartEngine is committed to revolutionizing the ways startups are funded, thereby helping entrepreneurs achieve their dreams.


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