What might persuade affluent 20- and 30-somethings to give to charity.
Charity Navigator CEO Michael Thatcher, center, speaks with staff in Saddle Brook, N.J. in 2022. Charity Navigator, which millions of Americans use to guide their giving, is betting it has an answer to that vexing question for nonprofits: a new online platform that promotes giving to causes, not individual organizations. The ratings giant announced Tuesday, Aug. 22, 2023, its acquisition of Causeway, the start-up company behind the platform.
Causeway, Horwitz says, seeks to simplify and spur giving. Its online format aims to replicate the digital experience of managing finances or stocks. “My generation wants to do this in three clicks and know that they’re getting the best possible organizations,” Horwitz says. There’s also a chance to build online communities around donors’ shared passion and commitment to a cause, he says.
“I have thought for a long time that there’s untapped opportunity for these kinds of curated cause funds,” Rosenbaum says.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Causeway: Part stock fund + part donor-advised fund=A new bid for young donorsWhat might persuade affluent 20- and 30-somethings to give to charity? Charity Navigator, which millions of Americans use to guide their giving, is betting it has an answer for nonprofits: a new online platform that promotes giving to causes, not individual organizations.
Read more »
Meet Botto, the AI-Artist That Mints Its Own NFTsBotto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann.
Read more »
AMC shares fall more than 22% ahead of stock conversionAMC’s stock-conversion plan is part of its ongoing battle to eliminate debt.
Read more »
Rebel Moon Part 1 & 2 Get Official Titles From Zack SnyderThe official titles for Netflix's upcoming Rebel Moon Part 1 & 2 movies have been revealed, which hails from Zack Snyder.
Read more »
Trump says he won't take part in Republican debatesFormer U.S. President Donald Trump on Sunday said he would skip the upcoming Republican primary debates, citing his large lead in opinion polls as ...
Read more »
Trades, crafts of yesterday recreated as part of living historyDako Morfey wishes the tradition of night watchmen hadn’t disappeared with the passage of time.
Read more »