Difference between revisions of "Pay It Phorward"

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{{toplink|url=http://www.payitphorward.org/|name=payitphorward.org}}'''Pay It Phorward''' is a monthly peer-to-peer program that aims '''to provide a small monetary lift to help individuals and businesses during the COVID-19 crisis'''.
 
{{toplink|url=http://www.payitphorward.org/|name=payitphorward.org}}'''Pay It Phorward''' is a monthly peer-to-peer program that aims '''to provide a small monetary lift to help individuals and businesses during the COVID-19 crisis'''.
  
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This particular format was inspired by my prior participation in the Awesome Foundation, a micro funding organization with dozens of chapters around the world. I co-founded its Philadelphia chapter 6 years ago, and what I loved most about its donation model was the grassroots, no-strings-attached, no-red-tape method of getting money into people’s hands as quickly as possible. During my tenure, we limited participation to 10 donors, each giving $100 per month, for a total donation of $1000 to each month's recipient
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By donating, you join a community of people dedicated to paying it forward within the Philadelphia community. Your donation is a promise of direct funding to a neighbor in need. All donors have the opportunity to vote on the fund’s recipient each month. Pay It Phorward will collect applications and send you a survey when it’s time to submit your vote. The winner will receive all funds raised that month.
  
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We hope to expand on this model to generate more donations from a greater pool of participants, and under more relaxed giving conditions. Someone can give as little as $5, or a company can decide to give $1000. With help from our steering committee, and your votes, we’ll ensure the donations have maximum impact.
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''Note:''  The above descriptive information came from the program's [http://www.payitphorward.org home page].
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''Note:''  The above descriptive information came from the program's [http://www.payitphorward.org home page] and its [http://www.payitphorward.org/about How It Started] page.
 
  
 
==In The News==
 
==In The News==
 
*[http://technical.ly/philly/2020/05/08/o3-world-keith-scandone-donation-app-pay-it-phorward/ Want to donate to a local person or org in need? Now you can 'Pay It Phorward'], Technical.ly Philly, May 8, 2020.
 
*[http://technical.ly/philly/2020/05/08/o3-world-keith-scandone-donation-app-pay-it-phorward/ Want to donate to a local person or org in need? Now you can 'Pay It Phorward'], Technical.ly Philly, May 8, 2020.
  
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[[Category:Is-Funding_Source]]
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[[Category:Is-Funding_Source]] [[Category:Is-Peer-To-Peer_Platform]]
 
[[Category:Issue-Coronavirus_Pandemic]]
 
[[Category:Issue-Coronavirus_Pandemic]]
  
 
[[Contact Email::payitphorward@o3world.com| ]]
 
[[Contact Email::payitphorward@o3world.com| ]]
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Latest revision as of 21:11, 24 June 2020

payitphorward.org

Pay It Phorward is a monthly peer-to-peer program that aims to provide a small monetary lift to help individuals and businesses during the COVID-19 crisis.

By donating, you join a community of people dedicated to paying it forward within the Philadelphia community. Your donation is a promise of direct funding to a neighbor in need. All donors have the opportunity to vote on the fund’s recipient each month. Pay It Phorward will collect applications and send you a survey when it’s time to submit your vote. The winner will receive all funds raised that month.

Note:  The above descriptive information came from the program's home page.

In The News


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