(May 17) — GlobalGiving, an online marketplace for international philanthropy, announced today that it has facilitated the direct funding of 400 international projects by individual and institutional donors, totaling $1.6 million.
The online service offers donors the ability to give directly to a broad range of projects throughout the world that address social, economic, and environmental issues. Donors are able to "see" where their money is going and can check back for periodic progress updates.
Donations through GlobalGiving have been on the rise as the organization gains momentum in reaching thousands of donors across the United States through corporate partnerships with companies like Hewlett-Packard, The North Face, Yahoo!, eBay, among others.
"We have noticed a trend toward giving circle -- school classrooms, mobile home parks, employees within companies -- pooling their funds to support projects on globalgiving.org." said Dennis Whittle, Founder and Chairman of GlobalGiving.
All projects are run locally by individuals who have solutions to problems their communities face. Projects and their leaders are thoroughly vetted to ensure that they are legitimate, high-quality, and compliant with anti-terrorist guidelines, including the PATRIOT Act.
Some of the projects funded in the last six months include:
- A dormitory for orphaned girls was built in Uganda, keeping them safe, fed, and out of the sex trade and bonded labor.
- The North Face and its employees and customers adopted a village in India, providing $20,000 to rebuild tsunami-damaged fishing boats for 300 fishing families.
- The Telluride Foundation funded the rebuilding of schools, homes, and orphanages in Eastern Sri Lanka. Money was raised from the community itself--school kids raised $25,000, and town restaurants and retailers donated their profits for a day, raising over $100,000. These funds were matched by a wealthy board member.
- In Honduras, the poorest country in the western hemisphere other than Haiti, donors provided the Adelante Foundation with the support it need to successfully turn around the lives of 40 families in villages by providing loans and business training to women.
For more information about these and other high-impact projects, visit www.globalgiving.org.
GlobalGiving is the emerging marketplace for international aid. It directly connects social entrepreneurs in the developing world with individuals, corporations, and institutions that have an interest in funding social, environmental, and economic development projects. Founded in 2000 by two ex-World Bank executives, GlobalGiving is growing the overall development market by engaging donors and social entrepreneurs who have historically been marginalized by the international aid system. GlobalGiving has partnerships with Visa International and Hewlett-Packard and has received financial support from the Skoll, Omidyar, Sall, William and Flora Hewlett, Mott, Kellogg and Calvert Foundations, as well as USAID. For more information, please see www.globalgiving.org.