SlideShare uma empresa Scribd logo
1 de 2
GlobalGiving
GlobalGiving is an online marketplace that connects donors with grassroots projects in the
developing world.[1] Potential donors can browse and select from a wide offering of projects that
are organized by geography or by themes such as health care, the environment and education.[2]
Upon choosing a project, a donor can contribute any amount using a credit/debit card, check,
PayPal, or stock transfer. Gift registries can be set up for special events, and donors can "give" any
project as a gift. GlobalGiving funds itself by requesting the donor add a 15% donation to
GlobalGiving to their gift or by taking a 15% transaction fee from the amount pledged to the
charity.[3]
These contributions directly support the entrepreneurial work of global project leaders who are
bringing innovative, empowering solutions to challenging social problems at the local community
level.[4] In order to create an interactive relationship between the project and donors, project
leaders send regular updates to their donors regarding the progress and impact of the project and
donors are invited to submit comments.
All donations made to projects go through the GlobalGiving Foundation, a registered 501(c)3
entity, and are fully tax-deductible in the United States.[5]

The GlobalGiving Foundation (GGF) is a non-profit organization that individuals and companies
can donate to through the website globalgiving.org. It is supported by a network of implementing,
corporate and institutional partners.[6] GlobalGiving was launched as collaboration between the
GlobalGiving Foundation and ManyFutures, Inc., and in December 2008 ManyFutures became a
formal subsidiary of the GlobalGiving Foundation and all operations were placed under direct
Foundation management.
Companies can use the GlobalGiving platform to allow their employees, customers, partners, or
foundation entities to donate directly to grassroots social and economic development projects
around the world.[5] And non-governmental organisations (NGOs) such as Ashoka: Innovators for
the Public, and International AIDS Vaccine Initiative use the system to load projects designed by
grassroots groups that they stand behind.[7]
Major funding for the launch and early stages was provided by the Omidyar Network, the Skoll
Foundation, the William and Flora Hewlett Foundation, and the Sall Foundation.[8]

Prior to founding GlobalGiving, Mari Kuraishi and Dennis Whittle were heads of strategy and
innovation at the World Bank. While in that post, they created the first-ever Innovation Marketplace
for Bank staff in 1998, an internal competition in which Bank employees pitched their own ideas
for fighting poverty worldwide. The winners received grants to make their ideas happen. The
competition resulted in some of the most innovative ideas and effective programs in World Bank
history.
In 2000, they took the concept and competition to the outside world. The Development Marketplace
enabled any social entrepreneur to compete for Bank funds.[9] The program was extremely
successful - finalists from all over the world gathered in Washington, D.C., and $5 million was
awarded to the 44 most innovative projects.
Based on the Marketplaces' success, Mari and Dennis created an Internet-based platform to
facilitate a broader range of social and economic investments in developing countries. In October
2000, they left the World Bank and on February 14, 2002, GlobalGiving (formerly
DevelopmentSpace) was launched.
GlobalGiving as a web-based fundraising platform is fundamentally different from the World Bank
Development Marketplace because it is based on social networks and real-time feedback between
donors and grassroots social entrepreneurs or "project leaders". Each organization pitches one or
more development projects to prospective donors on the website. The funding decision for each
project is crowd-sourced to the public, rather than determined by a team of experts, as in the
Development Marketplace. However, in practice, organizations that promote themselves through
email and social media campaigns vastly improve their fundraising potential. Each project depends
on evangelists (people who spread good news) in order to flourish. However, the funding and
project update history for each project is public and acts as a form of reputation system for the
organization implementing the project.
The world is full of problems. GlobalGiving is full of solutions. Solutions run by innovative,
grassroots projects and organizations that are working to educate children, feed the hungry, build
houses, train women (and men) with job skills, and hundreds of other amazing things.

GlobalGiving is a charity fundraising web site that gives social entrepreneurs and non-profits from
anywhere in the world a chance to raise the money that they need to improve their communities.
Since 2002, GlobalGiving has raised $65,520,959 from 265,634 donors who have supported 5,698
projects.

Our Vision
Unleash the potential of people around the world to make positive change happen.

Our Mission
Build an efficient, open, thriving marketplace that connects people who have community and
world-changing ideas with people who can support them.

Why give through GlobalGiving?
GlobalGiving is changing the way people give, offering donors a transparent, high-impact giving
experience. You choose where you want your money to go, and we get it there, quickly and
efficiently.

GlobalGiving enables you to fund the underdog. We give access to new sources of funds to creative
ideas and projects that might never be funded through traditional structures and development and
philanthropy approaches.

But just because you can fund the underdog, doesn't mean you're taking undue risk. We have a
tested due diligence process, and make sure donors get feedback about how their contributions have
been put to work and the results achieved - with satisfaction guaranteed through the GlobalGiving
Guarantee.

The projects on GlobalGiving go through a rigorous due diligence review, satisfy IRS guidelines for
international grant-making and tax deductibility, and follow Treasury Department guidelines for
anti-terrorism

Our history
In 1997, World Bank executives Mari Kuraishi and Dennis Whittle were asked to develop
innovative ways to combat poverty. They created the World Bank's Development Marketplace, a
first-of-its-kind event where people from around the world competed for World Bank funds. The
event's success unveiled the enormous potential of a global marketplace for philanthropy, and
participants asked for a real marketplace that was open year round and operated virtually. Mari and
Dennis saw the brilliance of this idea, left the World Bank and launched GlobalGiving.

Our structure
GlobalGiving was launched as unique collaboration between two entities: the GlobalGiving
Foundation (GGF), a US 501(c)3 registered non-profit and a Delaware corporation, ManyFutures,
Inc (MFI). In December 2008, GGF acquired over 98% of outstanding shares in MFI, making MFI
a formal subsidiary of GGF. To streamline operations and prepare for future growth, GGF has
consolidated all operations under direct Foundation management.

Mais conteúdo relacionado

Mais procurados

Mais procurados (20)

Lt eutrade-project-ecorl-crowdfunding-slides
Lt eutrade-project-ecorl-crowdfunding-slidesLt eutrade-project-ecorl-crowdfunding-slides
Lt eutrade-project-ecorl-crowdfunding-slides
 
WeShare Crowdfunding Presentation
WeShare Crowdfunding PresentationWeShare Crowdfunding Presentation
WeShare Crowdfunding Presentation
 
Crowdfunding 101
Crowdfunding 101Crowdfunding 101
Crowdfunding 101
 
4 crowdfunding
4   crowdfunding4   crowdfunding
4 crowdfunding
 
Crowdfunding – A Hot New Opportunity
Crowdfunding – A Hot New OpportunityCrowdfunding – A Hot New Opportunity
Crowdfunding – A Hot New Opportunity
 
Introduction to CrowdFunding
Introduction to CrowdFundingIntroduction to CrowdFunding
Introduction to CrowdFunding
 
Crowdfunding: what, why, how!
Crowdfunding: what, why, how!Crowdfunding: what, why, how!
Crowdfunding: what, why, how!
 
Corporate Social Innovation-Presentation
Corporate Social Innovation-PresentationCorporate Social Innovation-Presentation
Corporate Social Innovation-Presentation
 
July/August 08 YV National Newsletter
July/August 08 YV National NewsletterJuly/August 08 YV National Newsletter
July/August 08 YV National Newsletter
 
The ultimate guide to crowdfunding for creative ideas
The ultimate guide to crowdfunding for creative ideasThe ultimate guide to crowdfunding for creative ideas
The ultimate guide to crowdfunding for creative ideas
 
Crowdfunding and Audience Development - We are Museums Riga
Crowdfunding and Audience Development - We are Museums RigaCrowdfunding and Audience Development - We are Museums Riga
Crowdfunding and Audience Development - We are Museums Riga
 
Crowdfunding indian scenario(new)
Crowdfunding indian scenario(new)Crowdfunding indian scenario(new)
Crowdfunding indian scenario(new)
 
The Ultimate Crowdfunding Guide - Part I (Jose Paul Martin)
The Ultimate Crowdfunding Guide - Part I (Jose Paul Martin)The Ultimate Crowdfunding Guide - Part I (Jose Paul Martin)
The Ultimate Crowdfunding Guide - Part I (Jose Paul Martin)
 
Crowd Funding
Crowd Funding Crowd Funding
Crowd Funding
 
Inovação Social no mundo - Kriss Deiglmeier
Inovação Social no mundo - Kriss Deiglmeier Inovação Social no mundo - Kriss Deiglmeier
Inovação Social no mundo - Kriss Deiglmeier
 
Hult prize
Hult prizeHult prize
Hult prize
 
Crowdfunding india
Crowdfunding indiaCrowdfunding india
Crowdfunding india
 
Power to the People: P2P and Crowdfunding
Power to the People: P2P and CrowdfundingPower to the People: P2P and Crowdfunding
Power to the People: P2P and Crowdfunding
 
Crowdfunding 2015 UNIDO Conference
Crowdfunding 2015 UNIDO ConferenceCrowdfunding 2015 UNIDO Conference
Crowdfunding 2015 UNIDO Conference
 
Crowd funding experiance
Crowd funding experianceCrowd funding experiance
Crowd funding experiance
 

Destaque (6)

Prima zi
Prima ziPrima zi
Prima zi
 
Possible ideas for our Festival
Possible ideas for our FestivalPossible ideas for our Festival
Possible ideas for our Festival
 
Lei 12.619 30 04 2012 1
Lei 12.619 30 04 2012 1Lei 12.619 30 04 2012 1
Lei 12.619 30 04 2012 1
 
Fachartikel in direkt messende tpms TireMoni
Fachartikel in direkt messende tpms TireMoniFachartikel in direkt messende tpms TireMoni
Fachartikel in direkt messende tpms TireMoni
 
Logo
LogoLogo
Logo
 
Bees
BeesBees
Bees
 

Semelhante a globalgiving info shtese

Feb. 19 #1 Introduction To Global Giving
Feb. 19 #1 Introduction To Global GivingFeb. 19 #1 Introduction To Global Giving
Feb. 19 #1 Introduction To Global Giving
Bill Brower
 
June 11 Hyderabad #1 Introduction to GlobalGiving
June 11 Hyderabad #1 Introduction to GlobalGivingJune 11 Hyderabad #1 Introduction to GlobalGiving
June 11 Hyderabad #1 Introduction to GlobalGiving
Bill Brower
 
May 11 Nepal #1 Introduction to GlobalGiving
May 11  Nepal #1 Introduction to GlobalGivingMay 11  Nepal #1 Introduction to GlobalGiving
May 11 Nepal #1 Introduction to GlobalGiving
Bill Brower
 
Mar 26 #1 Introduction To GlobalGiving
Mar 26 #1 Introduction To GlobalGivingMar 26 #1 Introduction To GlobalGiving
Mar 26 #1 Introduction To GlobalGiving
Bill Brower
 
Jan. 15: #1 Introduction To GlobalGiving & Our Tools
Jan. 15: #1 Introduction To GlobalGiving & Our ToolsJan. 15: #1 Introduction To GlobalGiving & Our Tools
Jan. 15: #1 Introduction To GlobalGiving & Our Tools
Bill Brower
 
June 22 Mumbai #1 Introduction to GlobalGiving
June 22 Mumbai #1 Introduction to GlobalGivingJune 22 Mumbai #1 Introduction to GlobalGiving
June 22 Mumbai #1 Introduction to GlobalGiving
Bill Brower
 
June 18 Bangalore #1 Introduction to GlobalGiving
June 18 Bangalore #1 Introduction to GlobalGivingJune 18 Bangalore #1 Introduction to GlobalGiving
June 18 Bangalore #1 Introduction to GlobalGiving
Bill Brower
 
Jan 25 #1 Introduction To Gg
Jan 25 #1 Introduction To GgJan 25 #1 Introduction To Gg
Jan 25 #1 Introduction To Gg
Bill Brower
 
alliedcrowds_gew_report
alliedcrowds_gew_reportalliedcrowds_gew_report
alliedcrowds_gew_report
Shareq Husain
 
Crowdfunding in Post-Modern Times
Crowdfunding in Post-Modern TimesCrowdfunding in Post-Modern Times
Crowdfunding in Post-Modern Times
Puneet Batra
 

Semelhante a globalgiving info shtese (20)

Feb. 19 #1 Introduction To Global Giving
Feb. 19 #1 Introduction To Global GivingFeb. 19 #1 Introduction To Global Giving
Feb. 19 #1 Introduction To Global Giving
 
June 11 Hyderabad #1 Introduction to GlobalGiving
June 11 Hyderabad #1 Introduction to GlobalGivingJune 11 Hyderabad #1 Introduction to GlobalGiving
June 11 Hyderabad #1 Introduction to GlobalGiving
 
May 11 Nepal #1 Introduction to GlobalGiving
May 11  Nepal #1 Introduction to GlobalGivingMay 11  Nepal #1 Introduction to GlobalGiving
May 11 Nepal #1 Introduction to GlobalGiving
 
Mar 26 #1 Introduction To GlobalGiving
Mar 26 #1 Introduction To GlobalGivingMar 26 #1 Introduction To GlobalGiving
Mar 26 #1 Introduction To GlobalGiving
 
Jan. 15: #1 Introduction To GlobalGiving & Our Tools
Jan. 15: #1 Introduction To GlobalGiving & Our ToolsJan. 15: #1 Introduction To GlobalGiving & Our Tools
Jan. 15: #1 Introduction To GlobalGiving & Our Tools
 
June 22 Mumbai #1 Introduction to GlobalGiving
June 22 Mumbai #1 Introduction to GlobalGivingJune 22 Mumbai #1 Introduction to GlobalGiving
June 22 Mumbai #1 Introduction to GlobalGiving
 
June 18 Bangalore #1 Introduction to GlobalGiving
June 18 Bangalore #1 Introduction to GlobalGivingJune 18 Bangalore #1 Introduction to GlobalGiving
June 18 Bangalore #1 Introduction to GlobalGiving
 
Jan 25 #1 Introduction To Gg
Jan 25 #1 Introduction To GgJan 25 #1 Introduction To Gg
Jan 25 #1 Introduction To Gg
 
The Ultimate Guide to Fundraising Ideas for Schools
The Ultimate Guide to Fundraising Ideas for SchoolsThe Ultimate Guide to Fundraising Ideas for Schools
The Ultimate Guide to Fundraising Ideas for Schools
 
alliedcrowds_gew_report
alliedcrowds_gew_reportalliedcrowds_gew_report
alliedcrowds_gew_report
 
Pledgeit: People’s Insights Volume 2, Issue 26
Pledgeit: People’s Insights Volume 2, Issue 26Pledgeit: People’s Insights Volume 2, Issue 26
Pledgeit: People’s Insights Volume 2, Issue 26
 
17 Crowdfunding Websites
17 Crowdfunding Websites17 Crowdfunding Websites
17 Crowdfunding Websites
 
How to Access Web3 Funding for Your Projects
How to Access Web3 Funding for Your ProjectsHow to Access Web3 Funding for Your Projects
How to Access Web3 Funding for Your Projects
 
Reading croud funding
Reading croud fundingReading croud funding
Reading croud funding
 
Crowdfunding in Post-Modern Times
Crowdfunding in Post-Modern TimesCrowdfunding in Post-Modern Times
Crowdfunding in Post-Modern Times
 
2015 September Tools for Change CGI Newsletter
2015 September Tools for Change CGI Newsletter2015 September Tools for Change CGI Newsletter
2015 September Tools for Change CGI Newsletter
 
About the ODI slides + notes for potential investors
About the ODI slides + notes for potential investors About the ODI slides + notes for potential investors
About the ODI slides + notes for potential investors
 
Crowdfunding
CrowdfundingCrowdfunding
Crowdfunding
 
Crowdfunding: major trends research notes
Crowdfunding: major trends research notesCrowdfunding: major trends research notes
Crowdfunding: major trends research notes
 
The Ultimate Guide to Fundraising Ideas for Schools.pdf
The Ultimate Guide to Fundraising Ideas for Schools.pdfThe Ultimate Guide to Fundraising Ideas for Schools.pdf
The Ultimate Guide to Fundraising Ideas for Schools.pdf
 

Último

IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
Enterprise Knowledge
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
giselly40
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
Earley Information Science
 

Último (20)

Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
GenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdfGenAI Risks & Security Meetup 01052024.pdf
GenAI Risks & Security Meetup 01052024.pdf
 
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 

globalgiving info shtese

  • 1. GlobalGiving GlobalGiving is an online marketplace that connects donors with grassroots projects in the developing world.[1] Potential donors can browse and select from a wide offering of projects that are organized by geography or by themes such as health care, the environment and education.[2] Upon choosing a project, a donor can contribute any amount using a credit/debit card, check, PayPal, or stock transfer. Gift registries can be set up for special events, and donors can "give" any project as a gift. GlobalGiving funds itself by requesting the donor add a 15% donation to GlobalGiving to their gift or by taking a 15% transaction fee from the amount pledged to the charity.[3] These contributions directly support the entrepreneurial work of global project leaders who are bringing innovative, empowering solutions to challenging social problems at the local community level.[4] In order to create an interactive relationship between the project and donors, project leaders send regular updates to their donors regarding the progress and impact of the project and donors are invited to submit comments. All donations made to projects go through the GlobalGiving Foundation, a registered 501(c)3 entity, and are fully tax-deductible in the United States.[5] The GlobalGiving Foundation (GGF) is a non-profit organization that individuals and companies can donate to through the website globalgiving.org. It is supported by a network of implementing, corporate and institutional partners.[6] GlobalGiving was launched as collaboration between the GlobalGiving Foundation and ManyFutures, Inc., and in December 2008 ManyFutures became a formal subsidiary of the GlobalGiving Foundation and all operations were placed under direct Foundation management. Companies can use the GlobalGiving platform to allow their employees, customers, partners, or foundation entities to donate directly to grassroots social and economic development projects around the world.[5] And non-governmental organisations (NGOs) such as Ashoka: Innovators for the Public, and International AIDS Vaccine Initiative use the system to load projects designed by grassroots groups that they stand behind.[7] Major funding for the launch and early stages was provided by the Omidyar Network, the Skoll Foundation, the William and Flora Hewlett Foundation, and the Sall Foundation.[8] Prior to founding GlobalGiving, Mari Kuraishi and Dennis Whittle were heads of strategy and innovation at the World Bank. While in that post, they created the first-ever Innovation Marketplace for Bank staff in 1998, an internal competition in which Bank employees pitched their own ideas for fighting poverty worldwide. The winners received grants to make their ideas happen. The competition resulted in some of the most innovative ideas and effective programs in World Bank history. In 2000, they took the concept and competition to the outside world. The Development Marketplace enabled any social entrepreneur to compete for Bank funds.[9] The program was extremely successful - finalists from all over the world gathered in Washington, D.C., and $5 million was awarded to the 44 most innovative projects. Based on the Marketplaces' success, Mari and Dennis created an Internet-based platform to facilitate a broader range of social and economic investments in developing countries. In October 2000, they left the World Bank and on February 14, 2002, GlobalGiving (formerly DevelopmentSpace) was launched. GlobalGiving as a web-based fundraising platform is fundamentally different from the World Bank Development Marketplace because it is based on social networks and real-time feedback between donors and grassroots social entrepreneurs or "project leaders". Each organization pitches one or more development projects to prospective donors on the website. The funding decision for each project is crowd-sourced to the public, rather than determined by a team of experts, as in the Development Marketplace. However, in practice, organizations that promote themselves through email and social media campaigns vastly improve their fundraising potential. Each project depends on evangelists (people who spread good news) in order to flourish. However, the funding and project update history for each project is public and acts as a form of reputation system for the organization implementing the project.
  • 2. The world is full of problems. GlobalGiving is full of solutions. Solutions run by innovative, grassroots projects and organizations that are working to educate children, feed the hungry, build houses, train women (and men) with job skills, and hundreds of other amazing things. GlobalGiving is a charity fundraising web site that gives social entrepreneurs and non-profits from anywhere in the world a chance to raise the money that they need to improve their communities. Since 2002, GlobalGiving has raised $65,520,959 from 265,634 donors who have supported 5,698 projects. Our Vision Unleash the potential of people around the world to make positive change happen. Our Mission Build an efficient, open, thriving marketplace that connects people who have community and world-changing ideas with people who can support them. Why give through GlobalGiving? GlobalGiving is changing the way people give, offering donors a transparent, high-impact giving experience. You choose where you want your money to go, and we get it there, quickly and efficiently. GlobalGiving enables you to fund the underdog. We give access to new sources of funds to creative ideas and projects that might never be funded through traditional structures and development and philanthropy approaches. But just because you can fund the underdog, doesn't mean you're taking undue risk. We have a tested due diligence process, and make sure donors get feedback about how their contributions have been put to work and the results achieved - with satisfaction guaranteed through the GlobalGiving Guarantee. The projects on GlobalGiving go through a rigorous due diligence review, satisfy IRS guidelines for international grant-making and tax deductibility, and follow Treasury Department guidelines for anti-terrorism Our history In 1997, World Bank executives Mari Kuraishi and Dennis Whittle were asked to develop innovative ways to combat poverty. They created the World Bank's Development Marketplace, a first-of-its-kind event where people from around the world competed for World Bank funds. The event's success unveiled the enormous potential of a global marketplace for philanthropy, and participants asked for a real marketplace that was open year round and operated virtually. Mari and Dennis saw the brilliance of this idea, left the World Bank and launched GlobalGiving. Our structure GlobalGiving was launched as unique collaboration between two entities: the GlobalGiving Foundation (GGF), a US 501(c)3 registered non-profit and a Delaware corporation, ManyFutures, Inc (MFI). In December 2008, GGF acquired over 98% of outstanding shares in MFI, making MFI a formal subsidiary of GGF. To streamline operations and prepare for future growth, GGF has consolidated all operations under direct Foundation management.