Superpowers for Good
Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd.
#82: New Company Offers 'No-Skim' Fundraising Tools To Nonprofits
0:00
Current time: 0:00 / Total time: -18:40
-18:40

#82: New Company Offers 'No-Skim' Fundraising Tools To Nonprofits

July 30, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1klNBnz. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Social venture CommitChange has developed a new fundraising platform for nonprofits that doesn’t rely on collecting a percentage of funds raised, potentially netting nonprofits with a higher percentage of total donations. The venture has garnered investments from power investors Mark Cuban, Tim Draper, Adam Draper and 500 Startups. Chris Sinton, co-founder of Network for Good and board chair of StartOut, has also invested and joined the board. “We’ve decided to make all of our core technology available for free to help bolster charitable giving in the United States. We are also eliminating donation skimming as a business model and we will never profit by taking a percentage of donations,” said Roderick Campbell, CEO and Co-Founder of CommitChange. Tim Draper, founder of Draper Fisher Jurvetson, said “a non-profit without CommitChange risks becoming a dinosaur.”

Superpowers for Good
Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd.
We host changemakers who are using regulated investment crowdfunding for social impact--impact crowdfunding--as impact investors or social entrepreneurs, catalyzing change with leadership skills we call superpowers.