See What’s Out There

If you missed your opportunity to donate to a nonprofit on Facebook during “America’s Giving Challenge”, which raised more than $1 million from more than 50,000 donations in 3 weeks, you now have another chance to give on Facebook.

A new program is going live today called the Chase Community Giving Program, between Chase and Facebook.

What this means is:

· For the first time ever, Facebook users will be able to choose from more than 500,000 small and local charities to decide which community organizations they want to receive donations totaling millions of dollars from a corporate philanthropy fund.

· Facebook users, now totaling more than 300 million, will be able to vote for which small and local non profits will receive donations totaling $5 million

· The eligible charity receiving the most votes will be awarded $1 million, the top five runners-up will receive $100,000 each and the 100 finalists, including the top winners, will be awarded $25,000 each

· This $5 million Facebook effort is in addition to the bank’s traditional philanthropic giving, and if successful, the bank hopes to commit more of its annual philanthropy funds using this innovative method of giving.

We’ve already seen a lot of people casting their votes on Facebook, so now it’s your turn!

This entry was posted on Thursday, November 19th, 2009 at 4:19 pm and is filed under foundation, fundraising, facebook, social media. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.