This is very exciting! In general, what are the funding needs of these organizations? I know I could ask them directly, but I was wondering—in general, do the charities that come out of Charity Entrepreneurship already have the funding they need to get started?
Kind of relatedly, I was just on the site of an older Charity Entrepreneurship organization, LEEP, and I noticed that they have a note there saying that they’re fully funded and that most individual donors should look to other high-impact giving opportunities. I already loved LEEP, but I thought this clarity was awesome and made them seem even more trustworthy.
My understanding is that at the end of the CE program, founders are given the opportunity to pitch a set of known regular CE donors for funding, and that most incubated charities get enough money for their first ~year of operations from that. See https://www.seednetworkfunders.com/ for more, seems like it is minimum $10k/year to join this group of donors.
This is very exciting! In general, what are the funding needs of these organizations? I know I could ask them directly, but I was wondering—in general, do the charities that come out of Charity Entrepreneurship already have the funding they need to get started?
Kind of relatedly, I was just on the site of an older Charity Entrepreneurship organization, LEEP, and I noticed that they have a note there saying that they’re fully funded and that most individual donors should look to other high-impact giving opportunities. I already loved LEEP, but I thought this clarity was awesome and made them seem even more trustworthy.
Nice re LEEP’s honesty (and being well-funded)!
My understanding is that at the end of the CE program, founders are given the opportunity to pitch a set of known regular CE donors for funding, and that most incubated charities get enough money for their first ~year of operations from that. See https://www.seednetworkfunders.com/ for more, seems like it is minimum $10k/year to join this group of donors.
Good information, thank you!