Social Networks, Crowdsourcing, and Technology's Impact On Giving In The 21st Century
According to Charity Navigator, $260.3 billion was given to charitable organizations in 2005. 23.5% was given from corporations, foundations, and bequests. But a whopping 76.5%, or $199.1 billion came from individuals! According to Barna.org, the average individual donates $1,232 per year. This is the Long Tail of Philanthropy, or what I refer to as the Philanthropy Commons - millions of ordinary individuals that collectively surpass the giving power of most philanthropy giants. more...
