Data Philanthropy
When a donor invests money in a nonprofit organization, the expectation is that the nonprofit will create some type of social good with the funds. $XX of money is donated, with XX expectation of outcomes.
Every investment in the social economy creates a data record of this agreement, two records in fact. One on the DONORS' system (foundation, government or individual) , and a second record on the DOERS' system (nonprofit, researcher or educational institution) system.
Every investment in the social economy creates a data record of this agreement, two records in fact. One on the DONORS' system (foundation, government or individual) , and a second record on the DOERS' system (nonprofit, researcher or educational institution) system.
The DOER creates a Receipt Transaction
The DONOR creates a Payment Transaction
The DONOR creates a Payment Transaction
The platform encourages participation in data philanthropy from both sides of the social economy. In a world where there is 100% participation in data philanthropy, donors and the nonprofits they support would both donate the same record and the system would combine the records. In our less than 100% world, only one record, from either the doer or the donor would be needed.