Groupon Gets Charitable with Kiva, DonorsChoose

Groupon Kiva Donors Choose charity donate holiday

$15 for $25 worth of microloan credit to help global entrepreneurs on Kiva.org.”

My first thought upon seeing this was: who pays the other $10? The [not-so] small print below today’s Groupon says that it’s paid for by Groupon (and sponsors). Up to $500,000 of the $800 million to $2 billion in revenues the Chicago-based startup will reportedly take in this year.

That’s a hefty write-off donation for most, and possibly a perk for some Groupon sponsors, and a nice, lucky penny pitched into the pond by a company that allegedly turned down a $6 billion or so buyout offer from Google earlier this month.

Billions in revenue. Huge numbers. It’s important to note how individuals and corporations choose to spend their philanthropic capital and I really like the way Groupon does it here: Empowering regular people to give by subsidizing our donations. I’m sure Groupon wishes it could boast about the kind of repeat transactions that a Kiva.org — where the average user has made 6.5 loans — and what better way to grow it’s community during the holiday giving season by encouraging the habit of giving (or lending) while otherwise luring subscribers to habitually consume on first site of bargain.

Last month, a Kiva.org Groupon raised lead to $100,000 in microloans and Oprah Winfrey promoted Kiva to her audience (for her part, Winfrey was the most charitable celebrity of 2009 with $40 million in donations to various charities, according to The Giving Back Fund. Today’s Kiva Groupon was trumped by a DonorsChoose coupon, which was 60 percent subsidized by the Pershing Square Foundation ($10 for $25). Last May, Groupon and Pershing Square teamed up with DonorsChoose to raise $1 million in funds for public school classrooms in need.

Last week, 17 billionaires, including Steve Case, Mark Zuckerberg, Bill and Melinda Gates, Warren Buffet, Michael Bloomberg and Carl Icahn, announced their intention to give the majority of their wealth to charity — the Giving Pledge.

In an age where it’s so easy to set examples — for better and worse — it’s comforting to see more and more bold acts of goodwill.

I’m a repeat Kiva lender. Are you?

Photos and More From CitizenGulf LA – August 25 2010

You’ll see more and more content here as the night goes on. And come on down — it’s going to be fun and it’s going late — here are the details.

Unable to attend a CitizenGulf Benefit tonight? You can still donate directly by clicking the icon below. Tag your tweets and photos #CitizenGulf so we can see them here. Thanks for your support.

donate to CitizenGulf

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New Kickstarter Call-Out: State of the Re:Union

state of the re:union kickstarter

UPDATE: Just got an email that my funds went through! After a whole month SOTRU hit its Kickstarter fundraising goal with just two minutes to spare! Congrats!

Having just heard that one of my recent Kickstarter investments, CicLAvia, has been funded, a new project has conveniently crossed my path and if you’re into it too, you’ve got a few days left to chip in a few bucks.

State of the Re:Union (SOTRU) is a public media show that seeks to unify its audience by telling the stories of real people through an innovative exploration of a city, detailing how things come together and what pulls them apart. Each radio episode, host Al Letson travels to a different American city or town and explores how community is created. Who are the people who help bring it together? What are the issues they face? How does the culture of an area shape the people and vice versa? Through a unique mix of storytelling, cultural excavation, music and multimedia, SOTRU brings community to life. — Read more | website | Facebook | Twitter.

Kickstarter is a groundbreaking concept in microdonations and in awesome website and community. You pledge to donate the amount you choose — with great incentive rewards for various dollar amounts — and the money is taken via your Amazon.com account only if the fundraising goal is met.

State of the Re:Union is closing in on 50% funded with only 4 days remaining (after a month on the site) so let’s give it a boost by August 21st!

Continue reading “New Kickstarter Call-Out: State of the Re:Union”