Act Local blogs on the Giving2Invest movement
https://neighborhoodeconomics.org/wiki/index.php/Act_Local_blogs_on_G2I
We have created, with the Give2Invest Tool a platform that offers a better donor experience coupled with more money to put toward the cause.
Non profits with an existing donor base know instinctively what to do with it.
Stephanie and I, along with Tim Freundlich, have come up with something that local, justice focused non profits like a lot. We plan to establish Give2Invest tool here, but we are having inbound demand from all over. The mashup needs a CDC willing to do something new, but that is totally legal; enable philanthropic micro loans to local projects.
I know that CCCDA has churches that have CDC’s as a way to take in donations to, say, their school or feeding program, Leroy. Can you connect us with some, or someone who can point us to where we need to look, since you were president of the CCDA board for quite a while? I think this thing will take off and get momentum. You have to prepare to handle momentum by finding the partners you will need when you grow and getting them on board before you need them. Glad to get on a call to explain. Ccing Tim because maybe some Parish Collective congregations have CDC’s, perhaps simply as a funding funnel but that could become the local backbone for a transformative philanthropic investing tool in their communities.
G2I is going to be huge. I am going around setting up the infrastructure to handle the expected momentum. How our business makes money on this, if it works and creates a community of users, would be we’d convene the practitioners and sell them the information products they need, as part of Neighborhood Economics national conference. This tool will also need local convenings; it’s so cheap to pop one up they will be everywhere. And givers will have a better experience, have more money to give to the cause and have a feeling of abundance and potency.
Tim, I’ve never explained the process you or to Leroy:
The tool works for small collaboratives; you need 20 people with $250 to get a project funded, for your Sunday School class’s mission project, or the Garden Club’s need to renovate their greenhouse. Projects with a small cap ex that will pay off patient capital, over time, through increased plant sales by the garden club, or when the Catalyst Fund entrepreneur you give to invest to pays back the zero interest slow money loan to your DAF sub account and you have that money to give again, to invest in another Catalyst entrepreneur, or a walk in cooler for the garden club. The tool invites continued engagement with the recipient; they are reminded that it’s working with every monthly payment that comes into their DAF along with a brief instagram story on the progress that month, and the obstacles they are facing.The undifferentiated donors are caused by the form of the financial instrument to become focused, evergreen giving circles. Neberecon wants to help them learn from the other giving circles and cross pollinate, and introduce them to the funders in the room, etc.
Act Local blogs on the Giving2Invest movement
https://neighborhoodeconomics.org/wiki/index.php/Act_Local_blogs_on_G2I
ActLocalAVL 