Thank you for sharing your experience. I think your observation that there are not really big barriers to individuals effectively donating is correct.
If you’d like to check out my approach to funding charities, it would enable individuals to fund charities without personal sacrifice, by buying from companies with charities in the vast majority equity position. That way they could pay the same amount for goods and services, but charities benefit rather than traditional shareholders.
The back end of this project, which I call the Profit for Good model, is potentially pretty powerful: people can fund charities without personal sacrifice through economic discrimination. The front end is a much heavier lift however. Not only do you have to have companies with charities in the equity position, you also have to have a public that is aware of the option and has the means of exercising it easily available. Nonetheless, I think this model has a good chance of solving many major global problems because anyone would rather buy in a way that helps people if there are not associated sacrifices.
Thank you for sharing your experience. I think your observation that there are not really big barriers to individuals effectively donating is correct.
If you’d like to check out my approach to funding charities, it would enable individuals to fund charities without personal sacrifice, by buying from companies with charities in the vast majority equity position. That way they could pay the same amount for goods and services, but charities benefit rather than traditional shareholders.
The back end of this project, which I call the Profit for Good model, is potentially pretty powerful: people can fund charities without personal sacrifice through economic discrimination. The front end is a much heavier lift however. Not only do you have to have companies with charities in the equity position, you also have to have a public that is aware of the option and has the means of exercising it easily available. Nonetheless, I think this model has a good chance of solving many major global problems because anyone would rather buy in a way that helps people if there are not associated sacrifices.
If you would like to learn more : https://forum.effectivealtruism.org/posts/WMiGwDoqEyswaE6hN/making-trillions-for-effective-charities-through-the