bettertheworld.com

bettertheworld.com

Posted on: March 13, 2009

2 Votes, Karma: 90.0
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Tags: Philanthropy

You’re here to support the issues you care about most.  We’re here to help you have an impact.

90% of the funds you raise support the issue(s) you care about most. 10% is used to keep our lights on, hire great people and develop more ways to help you support your cause.

Why 90/10?
We want impact - the more money we give in support of the issues, the greater the impact we’ll all have.

It makes us different - from the other internet-fundraisers that give away pennies on the dollar.

We want to lower the cost of fundraising - we don’t ask for any money from our charity partners. We simply give them 90% of what you raise.  This helps them be more cost effective.

A shared belief - the BTW team believes the 90/10 is more than fair for all involved - we can rest easy at night by giving away almost everything you raise.

How Much Do Most Fundraiser Give in Support of the Issues?

10% to 50% - most other fundraisers give very little to the issues that they raise money for.  This dilutes the impact of your dollar and may harm the charities - by increasing their cost of administration and fundraising.

How Do We (as members) Ensure You Actually Give 90%?

Transparent communication of money raised and given in support of the issues - it’s really important to us to have an open and transparent relationship with everyone involved: you, our charity partners and our corporate sponsors.  We plan to openly communicate what is raised and given in support of the issues.

Third Party Validation - we’ve hired a world class auditing firm to sign off on our financial reports. They’re responsible for ensuring we comply with our 90/10 policy and the reports will be provided to our charity partners.

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