1. Spend the money replacing certain water heater elements at Georgetown. Some students did this for a few dorms, but they could do it for others. $200 can save the university $10s of thousands per year. Indeed, it’s bizarre the university didn’t copy the students’ project.
2. Help people start a small business in a poor country. $1000 can get one off the ground.
3. Do a fundraiser. $1000 can be turned into $20,000 which can be given to an effective charity. Federal rules prohibit direct donations but the $1000 can be turned into more money that can be donated.
A few ideas:
1. Spend the money replacing certain water heater elements at Georgetown. Some students did this for a few dorms, but they could do it for others. $200 can save the university $10s of thousands per year. Indeed, it’s bizarre the university didn’t copy the students’ project.
2. Help people start a small business in a poor country. $1000 can get one off the ground.
3. Do a fundraiser. $1000 can be turned into $20,000 which can be given to an effective charity. Federal rules prohibit direct donations but the $1000 can be turned into more money that can be donated.