Online marketplace enables safe, efficient, and transparent giving to international projects helping those in need
WASHINGTON, DC (September 29, 2006) — GlobalGiving, an online marketplace for charity that connects donors with high-impact, grassroots projects around the world, has launched a Ramadan Giving initiative that offers a safe and impactful way for individuals to meet their charitable obligations during Ramadan and year round. Ramadan, a holy month for Muslims that began on September 23, is traditionally associated with fasting, reflection, and an increased focus on charitable giving. In addition, projects on GlobalGiving can be given as Eid or end-of-year gifts — donations can be made in the name of a family member, friend, or other loved one. Eid is the holiday marking the end of Ramadan where there is much celebration and gift-giving.
Launched in 2002 by two former World Bank executives, GlobalGiving is a new way to give, offering a transparent way for people to support causes overseas and in the U.S. Potential donors can select from an extensive catalog of projects, largely run at the local community level, and their contributions are directed to the project(s) of their choice. Currently, 17 projects in 7 countries (including Afghanistan, Bangladesh, Indonesia, Jordan, Morocco, Pakistan, and Sudan) as well as the Palestinian territories are featured on www.globalgiving.org/ramadan. From distributing iftar (breaking of the fast) food packages to the poor in Sudan, to helping women widowed by the earthquake in Pakistan, to providing education for children orphaned in Indonesia, all projects will provide an immediate impact and help those in need.
In addition, GlobalGiving's market-based, non-ideological approach to philanthropy offers donors a way to track the projects they give to, and see what a difference their donation has made. Because giving is at the project (vs. organization) level, donors can choose exactly how their donations are used, and understand how their contributions are being put to work.
GlobalGiving sources projects by working with a network of known, well-run organizations. In order for projects to be posted on the GlobalGiving website, they are subject to a rigorous application process to ensure they satisfy IRS guidelines for international grant making, meet tax-deductible requirements, and follow anti-terrorism laws. In addition, all projects are carefully reviewed to ensure that the people behind them meet the following criteria:
- Their work has significant social impact.
- They have a track record for delivering on promises.
- Their projects are eligible for international philanthropic donations — so donors in the US receive full tax benefits.
"At a time when Muslim Americans are looking for a one-stop, go-to resource to learn about charitable projects in the Muslim world, GlobalGiving provides a needed resource that gives donors a high level of comfort that their contributions will be used for their intended humanitarian purpose and are mindful of US laws. We welcome this initiative and look forward to working with GlobalGiving to expand this tool, particularly to include more Muslim charities and worthy projects," said Farhana Khera, executive director of Muslim Advocates, charitable sister entity to the National Association of Muslim Lawyers.
GlobalGiving has established itself as the trusted choice of thousands of donors, many corporate and organizational partners, and key funders. Since 2003, more than $3.5 million has been directed to more than 700 projects, improving the lives of an estimated half a million people in more than 60 countries.
GlobalGiving is an online marketplace for global philanthropy that enables individuals, corporations, and other organizations to find and direct their funds to high impact, grassroots projects around the world. By aggregating many donors, GlobalGiving is creating a new source of funding for people with innovative solutions to challenging world issues. GlobalGiving receives a nominal 15% fee — one of the lowest in philanthropy — to cover the cost of building a global marketplace, finding and researching credible projects, attracting donors, and building our website.
Corporate partners include eBay, Hewlett-Packard, Yahoo, Gap Inc., and The North Face, among others. Major funding partners include Omidyar Network, the Hewlett Foundation, the Skoll Foundation, USAID, and the Sall Family Foundation. Additional funding has been provided by the WK Kellogg Foundation, the Charles Stewart Mott Foundation, and HP.
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