Uncategorized
Funding / GiveCorps

GiveCorps, grassroots philanthropic giving website, has raised money for 200 nonprofits, celebrates one year

Updated 10:41 a.m. 10/15/12: Included information from GiveCorps co-founder Jamie McDonald about GiveCorps’ pricing model. In July 2011, Charles Village-based startup GiveCorps launched with a bold idea: take the crowdfunding model of Kickstarter and apply it to charitable giving. It was for folks who want to donate directly to projects, in small dollar amounts, as […]

Updated 10:41 a.m. 10/15/12: Included information from GiveCorps co-founder Jamie McDonald about GiveCorps’ pricing model.
In July 2011, Charles Village-based startup GiveCorps launched with a bold idea: take the crowdfunding model of Kickstarter and apply it to charitable giving.
It was for folks who want to donate directly to projects, in small dollar amounts, as opposed to cutting checks to big organizations and never finding out how their money was used.
One year later, more than 200 nonprofits have used GiveCorps to raise money from more than 3,000 Baltimoreans. To celebrate, GiveCorps is holding an anniversary party tonight at Union Mill in Hampden.

Similar to Kickstarter, GiveCorps allows nonprofits to upload videos and descriptions of projects for which they need funding. Nonprofits are also able to offer Groupon-style deals to donors: for instance, a $20 restaurant gift certificate for a $40 donation. But, as co-founder Jamie McDonald explained to Urbanite magazine, the difference between Kickstarter and GiveCorps is that GiveCorps uses an e-mail list of subscribers to promote different projects.

GiveCorps promotes itself at events such as Hampdenfest and Ignite Baltimore, signing people up to receive emails about daily fundraising causes called the “Big Give.” These appeals usually include a video about the effort and always have a clear fundraising goal and line-item breakdown of exactly how the money will be used. … unlike Kickstarter, which does very little to promote appeals, GiveCorps uses its growing email list to spread the word. [more]

For this, however, GiveCorps retains seven percent of all donations as a marketing fee, in addition to the three percent it takes for credit card processing.
McDonald says GiveCorps’ pricing model is “industry standard” when compared with Kickstarter, Crowdrise and similar online crowdfunding efforts. She also says GiveCorps does “a lot more for the money.”

Companies: Kickstarter

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join the conversation!

Find news, events, jobs and people who share your interests on Technical.ly's open community Slack

Trending

An industrial designer is making work fun with his 3D-printed building blocks

Public innovation should be an icon in Baltimore, like crabs or snowballs

5 local orgs with services and resources for startups and entrepreneurs

How 3 local orgs help founders and entrepreneurs build their networks

Technically Media