Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
|
|
January 31, 2013, 11:33:00 PM |
|
In the future, NPOs/NGOs will no longer pay a processing fee for all donations. That would mean an extra ~$6B (with a B) available for all non-profits combined in the US alone.
Also, the same US non-profits will save no less than $20B (with a B) a year in purchasing power for items they already need, let alone the ones they have a hard time sourcing, of which will be sourced for them.
And, it would cost them nothing! Not even time, for the time they've done it the old way, would no more than equal the time spent to it the new way.
And, the entity that will act as the liaison to make sure all goes smoothly, will be self-supported, not relying upon any direct donations, endowments, VC funding, etc.
Though I used the US as an example above, there are ~200 other countries that also have hurting charitable organizations within their borders. And they'll all be able to benefit equally--in the future! (10 years max is the goal!)
|