Global Open Challenge 2009
The Challenge will begin at 12:01 am on August 18, 2009 and will close at 11.59pm EDT on September 18 2009. While the competition is open, participants will compete to generate donations for their projects. At the close of the competition, ANY Project that is able to raise a minimum of $4,000 and at least 50 separate donors will be invited to stay on at GlobalGiving. These projects will be eligible to continue receiving donations from the general public, private and corporate foundations through www.globalgiving.org.
The top three fundraising projects (most dollars raised) that meet the minimum threshold ($4000 raised from 50 separate donors) will also receive supplementary cash bonuses from GlobalGiving of $3,000, $2,000 and $1,000, respectively. The project with the greatest number of unique donors (and meeting the minimum threshold of $4000 and 50 separate donors) will be awarded a bonus of $3,000.
Online donations will be accepted through September 18th, 2009. Checks received by September 17th will be included in the Challenge and will count towards the number of unique donors for each project. Checks received after September 17th will be applied to the indicated project, but will not count towards the Challenge. Checks should be made payable to the GlobalGiving Foundation and should clearly indicate the project to which the funds should be applied.
If a project chooses not to move forward with implementation within 180 days from the date of listing the project on GlobalGiving, the funds raised during the competition will be re-allocated to another winning project in the Global Open Project Challenge. The student responsible for the re-allocated project will have the choice to recommend which winning project from the Global Open Project Challenge will receive the re-allocated funds.
For more details, click here.