Philanthropy in the Valley in many ways happens much like anywhere else in the world - special events, churches and bakes sales. Certainly there are grant cycles and individual donor drives and capital campaigns, but has there been anything new in the field to get regular ol' people to give, when they are struggling to pay their mortgages, car payments and put food on the table?
When is a dollar worth more than a dollar? Easy, when it's leveraging power buys you more than a pack of gum. You may have caught this on Oprah the other day or read their blog at the social networking site, Social Edge, Kiva.org has built a great tool to engage every day folks into major philanthropists. Essentially, Kiva.org lets you lend money to a specific entrepreneur in the developing world to help them lift themselves out of poverty. The Kiva.org team did a great job of making the process user friendly and compelling. Moreover, the site is a compedium of compelling stories that make you want to give. They use technology wisely to help you spread the word, so that your $25.00 gift can actually leveraged by others. For example, the provided the badge you see on this site, so you can see who I funded. Great idea! They also provided a pre-written email I could send to friends. I LOVE this site.
A microloan is not a new concept. Mohammed Younus received the Nobel Peace Prize last year for putting the concept on the map with Grameen Bank in Bangladesh. There have been many organizations and foundations that have pioneered this, but the folks at Kiva.org have been able to harness technology to engage the general public internationally. Lenders for Community Development for example, uses this concept to help individuals save for home or launch businesses within the United States. On the other hand, portals like Changing the Present.org present you with thousands of opportunities to make a difference by donating to nonprofits. All models are great, but Kiva.org allows anyone to jump in and be an international banker and philanthropist. Check it out and let me know what you think! I made my first loan to Pham Thi My, a farmer from Vietnam who plans to put her $625.00 loan back into her rice and poultry farm.
Another Silicon Valley way to make a difference? Shopping! Silicon Valley Moms Blog, where I am also a contributor, are sponsoring a The Hip Kids Boutique. Local vendors are getting together to showcase all that is hip and hot in kiddie clothing. Proceeds will go to local charities, Innvision and Project Warm Hug. Cost of admission is waived if you bring gently used children's clothing or diapers in any size. Come ready to shop till you drop and benefit two great organizations.