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Community Foundation of Utah

Updates and current news from the Community Foundation of Utah


Jan 29
2010

Should we do this?

Posted by fraser in Untagged 

Click here to see who won this facebook based funding competition - no Utah organizations ... this uyear. The foundation is noodling over how we can do something similar as a follow up to the enlightened entrepreneurs event. We're thinking of an Innovation Challenge with deep mentoring - and then assisting the agencies to develop their own on line fundraisign competition. Share your thoughts!

Here is nres from the relaease to get you thinking:

Launched on November 16, the crowdsourced campaign allowed Facebook's 350 million users to nominate nonprofit organizations with operating budgets of no more than $10 million working in the areas of education, housing, the environment, health and human services, arts and culture, and animal welfare. On December 16, the one hundred organizations with the most votes received $25,000 each and moved on to round two, where they had the option to submit a "Million Dollar Proposal" to Facebook users detailing the difference they would make in their local communities with extra resources.

Based on the success of this first competition, Chase has committed to continuing the program. "We think this program resonated with individuals and entire communities because it allowed them to show their support for local needs in a way they never could before," said JPMorgan Chase Foundation president Kim Davis. "Chase Community Giving allowed Facebook users to express their passion for smaller charities and gave a national voice to charities that historically haven't received funding from corporate philanthropies. In many cases, these donations are the largest gift the winning charities have ever received."

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