The Wall Street Journal Covers Group Fundraising
By Peter Deitz • Posted on August 23, 2007
As of this week, the Wall Street Journal has started to report on micro-philanthropy websites such as Change.org, Project Apage, SixDegrees, and DonorsChoose. Check out this interview with Ben Rattray of Change.org and this article, A New Generation Reinvents Philanthropy.
Here's an excerpt from the article:
Young donors and volunteers, snubbing traditional appeals such as direct mail and phone calls, are satisfying their philanthropic urges on the Internet. They're increasingly turning to blogs and social-networking Web sites, such as MySpace and Facebook, to spread the word about -- and raise funds for -- their favorite nonprofits and causes. They're sending Web-based fund-raising pitches to their friends and families, encouraging them, in turn, to forward the appeals to their own contacts.
At the same time, a growing number of charities -- ranging from start-ups to established names such as the Salvation Army -- are launching profiles on popular social-networking sites, hoping that young people will link up to the pages. Some are also encouraging bloggers to mention the causes on their sites, raising thousands of dollars in small donations from readers.
Many of the nonprofits that have embraced social networking are themselves run by people in their 20s and 30s, who already spend a good portion of their lives online. Some of them also appeal to donors by offering them tangible results of their gifts by directly linking contributors with recipients.
Wall Street Journal's Group Fundraising Chart
Continue reading A New Generation Reinvents Philanthropy.
For their next article, the Wall Street Journal should include a link to my comparison chart of Group Fundraising Platforms and perhaps a link to Social Actions.
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