Charitable Innovations

Our Charitable Innovations team (which consists of student volunteers throughout the community) reaches out to students holding fundraising events and asks if they would like to make their event a Charitable Innovations event. In making this commitment, the proceeds from their fundraiser will be invested in microloans prior to flowing back to the local charity. We currently work with KIVA to make these loans. Once Charitable Innovations accepts funds from the student fundraiser, we make a pledge to the local charity for the full raised amount over a 3 year period. (the average time over which our microloans mature) Charitable Innovations guarantees the charity will receive 100% of funds originally raised (the average microlender receives 98 cents on the dollar). We fund this small gap, as well as our nominal operating expenses, through our own fundraising activities and soliciting private donations.