Startup Series: GiveToBenefitPosted by Joshua Krammes in SoftLayer, Startup Series
People often ask me why I enjoy working at SoftLayer, and that’s a tough question to answer fully. I ALWAYS say that great people and great products (in that order) are some of the biggest reasons, and I explain how refreshing it is to work for a company that operates prioritizes “solving problems” over “selling.” I share the SoftLayer “Innovate or Die” motto and talk about how radically the world of hosting is changing, and I get to brag about meeting some of the world’s most interesting up-and-coming entrepreneurs and how I have the unique opportunity to help amazing startups grow into Internet powerhouses.
I’m the West Coast community development manager for Catalyst, so I get to tell the SoftLayer story to hundreds of entrepreneurs and startups every month at various meetups, demo days, incubator office hours and conferences. In turn, I get to hear the way those entrepreneurs and startups are changing the world. It’s a pretty amazing gig. When I was chatting with a few of my colleagues recently, I realized that I’m in a pretty unique position … Not everyone gets to hear these stories. I’ve decided that I owe it to my coworkers, our Catalyst participants and anyone else who will listen to write a semi-regular blog series about some of the cool businesses SoftLayer is helping.
Picking one Catalyst participant to feature for this first blog was a pretty challenging task. With the holidays upon us, one company I’m working closely with jumped out as the perfect candidate to feature in this “season of giving”: GiveToBenefit.
GiveToBeneift (or G2B) is a social enterprise based in Philadelphia dedicated to helping non-profits receive high-quality goods from select suppliers through crowd-funding. G2B is unique among the startups in the Catalyst program in that it is a “double bottom line” company: It is designed to generate profit for its business while at the same time creating positive social impact.
Crowd-funding — raising money from the public via online donations — is a relatively new activity, but it has already become a HUGE market. In 2010, more than 38 million people gave $4.5 billion to causes online … $4.5 BILLION dollars were donated online to fuel ideas and businesses. Chances are, you’ve heard of companies like Kickstarter and DonorsChoose, so instead of taking time to talk about the crowd-funding process, I can share how GiveToBenefit differs from those other platforms:
Marketing and Strategy Assistance – GiveToBenefit actively helps the organization market the campaign. The G2B team is ready, willing and able to offer suggestions, answer questions and provide feedback throughout the process, and given the fact that many non-profits lack technology resources, they usually get very involved with each cause.
No Additional Donor Fees – An extremely important note to point out is that GiveToBenefit does not charge donors a fee for their contribution beyond the mandatory fee charged by the credit card processor. More of every the donated dollar goes to its intended cause. Your entire donation goes to the non-profit for a very specific reason. There’s no question about whether your donation will go to what you hope for.
Building Connections with High-Quality Suppliers – GiveToBenefit found a way to elevate the role of the supplier of the goods that non-profits receive and use. Brands whose products promise to perform better and last longer than the items the charities have access to are featured. GiveToBenefit derives revenue from its relationships with these suppliers, and G2B uses part of the fee it charges the supplier to fund the marketing of the non-profit’s online campaign.
The idea is to go beyond “doing good,” to “doing better.” I could go on and on about the innovate ways they’re “discovering better ways to do good,” but the best way to show off their platform would be to send you to the three campaigns they recently launched:
Whether you want to contribute to purchasing a Watermark water purification system for the Margaret E. Moul Home for people with neuromuscular disabilities or you want to fill the People’s Light & Theatre and Plays & Players Theater with the beautiful sounds of Hailun Pianos, you can contribute and know that your donation is making a difference for some very worthy non-profits.
If you’d like to learn more about GiveToBenefit or if you think one of your favorite non-profits could benefit from a G2B campaign, let me know (email@example.com), and I’ll introduce you to G2B founder and visionary Dan Sossaman.