Crowdsourced Philanthropy, Powered by ThePoint.com

Weʼve seen the power of crowdsourcing through sites like Wikipedia. Now, The Point brings the wisdom of crowds to philanthropy. Through this new program, The Point helps philanthropists make an impact by using The Pointʼs member base to “outsource” the time-intensive process of distributing funds.

Limitations of time and resources usually prevent one person from determining the most effective way to distribute their donation. Organizations have arisen to help manage that process, serving as middlemen between philanthropists and those in need. But such organizations have their own costs, and by the time the money reaches its destination, thereʼs often far less of it than there was in the beginning.

But phenomena like predictive markets have shown that groups are far more adept than experts at making certain kinds of decisions, decisions like, “how can my money get the most bang per buck?”

Instead of an individual donor giving a large sum of money to an organization, The Point puts thousands of individuals in control of small increments of your donation, who will distribute it to the causes that matter, filling the cracks of our national prosperity. By enlisting thousands of individuals in the micro-distribution of funds, The Point brings an unprecedented precision to charitable giving.

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We view the present initiative as an experiment in crowdsourced philanthropy. The amount of the contribution is flexible and input into the shape and details of the program is welcome..

How it works:

For more information:

Andrew Mason
Founder / CEO, The Point, Inc.
andrew@thepoint.com