The Funding Network Celebrates 11 Years of Global, Non-Profit Funding With Its Third New York City Event
14 10월 2014 - 11:30PM
Business Wire
Presentations from Charitable Organizations
will be featured at Live Crowd Funding Event
The Funding Network (“TFN”), an international, London-based
organization that has created a unique “crowd-funding” event model,
announced that it will conduct its third New York City event today
in which selected non-profit organizations will deliver six minute
pitches to potential donors. The event is the latest in TFN’s
ongoing series of similarly structured meetings staged throughout
the world, having previously matched donors with successful
projects in the U.K., Canada, South Africa, Australia, New Zealand,
Romania and Bulgaria. The event extends the organization’s mission
of democratizing philanthropy while transforming the lives of
individuals around the world and will take place at The Jerome
Greene Performance Space on Charlton Street in Manhattan, from 7pm
to 9pm EDT.
TFN has championed a unique “crowd-funding” event model to raise
money for smaller, worthy charities by allowing individuals to come
together and pool small donations in response to presentations they
hear directly from those organizations at meetings just like this.
These events have cumulatively raised more than $8 million for 600
organizations from approximately 5,000 donors who have given
amounts ranging from $20 to several thousand dollars. TFN’s members
propose charitable projects for these events which are assessed
according to TFN’s criteria and selected by a committee of TFN
members after initial vetting of applications. These projects are
designed to address such challenges as poverty, health, social
inclusion, peace building, human rights and international
development through initiatives such as campaigns, documentary
filmmaking, education programs and social enterprise.
A representative from each organization has six minutes to
present its work and six minutes for questions and answers before
leaving the room, at which point an auction-style fundraising
session begins. Anyone in the room can raise a hand and give a
minimum of $100. The "bidding" continues with the aim of achieving
$10,000 for each organization. Each non-profit organization
receiving donations provides an update of its progress on the TFN
website within months after receiving a grant. Organizations
participating in today’s event are Partnership for Student
Advancement, Just Leadership USA and Peace Direct USA.
A major partner of The Funding Network in Australia since its
inception and a supporter of this event is the Macquarie Group
Foundation, the philanthropic arm of Macquarie Group (ASX:MQG;
ADR:MQBKY), a global provider of banking, financial, advisory,
investment and funds management services. Macquarie supports a
range of community programs around the world and contributes
meaningfully to the communities in which its staff lives and works
in Australia, Asia, Europe and the Americas. Founded in 1969,
Macquarie employs more than 13,900 people in 28 countries. As of
March 31, 2014, Macquarie had assets under management of $US396
billion.
About The Funding
Network
Through live crowd funding events, The Funding Network is
democratizing philanthropy while transforming lives. Sitting at
home and writing a check to an organization whose work you support
feels good—but it’s not as rewarding, inspiring and fun as standing
with your community to help innovative organizations make a real,
positive difference in the world.
In the 10 years since its launch, TFN has matched more than
5,000 donors with more than 600 projects around the world. TFN
groups are bringing people together and changing lives in the U.S.,
U.K., Toronto, South Africa, Australia, Romania and Bulgaria.
Media:The Funding Group, USA/NYCDana Williams,
917-969-0877Program
Directordana@tfn-usa.orgtwitter.com/TFN_USAwww.facebook.com/tfnusa
Macquarie (PK) (USOTC:MQBKY)
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Macquarie (PK) (USOTC:MQBKY)
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