Dollar Donation Club
The world’s first collective super-philanthropist
Description
Dollar Donation Club is a digital platform designed to facilitate micro-donations to various systemic impact projects around the world. Premised on the idea that collectively pooling small amounts lowers barriers to entry and can hyperfund the massive impact areas with minimum resources, the platform curates a selection of social impact projects across various areas ""acupuncture points of change"" like poverty alleviation, environmental protection, ocean restoration, and animal welfare.They prioritize projects based on their ""Integrated Impact Score"" metric which assesses a project's effectiveness for creating positive and scalable social and environmental benefit, while acounting for how well the solution: Integrates into local cultures and economies; Is resilient to threats of reversal; Results in self-reliance rather than dependence; Is long-term (7 generations deep); Solves root-causes rather than symptoms. Dollar Donation Club offers traceable donation monitoring for donors and gamifies the experience with points, leaderboards, and prizes. It also offers customized campaigns to business to automate giving, impact investments, and reporting.
What Makes it Regenerative?
- supports coordination & consensus
- helps localize
- enables access & participation
- supports ecosystem remediation
- supports human wellbeing
- enables measuring & monitoring
- automates funding to regenerative projects
Business Model
Dollar Donation Club allows a monthly subscription where donors can auto-donate a preferred amount, however they say 100% of donations are sent to specific campaigns (through their nonprofit Foundation). Corporate partnerships where companies match employee donations or contribute a portion of their sales to Dollar Donation Club could be a source of additional funding. They may also receive grant funding in partnerships with foundations or organizations focused on impact initiatives to support specific projects or platform development.
Risks & Limitations
- Longevity of the model when scaling up the model to significantly impact larger social problems may require attracting larger donations through other means
- Managing a large number of small donations and subscriptions could lead to high administrative costs, undermining the model.
- Attracting new members and keeping existing members engaged and motivated to continue donating over time can be challenging.
Tags
Location
Austin, Texas
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