They say it costs money to make money. Today, 16 Minnesota foundations and the United Way launched GiveMN, hoping to reduce how much local nonprofits need to spend in order to support their charitable operations.
GiveMN touts itself as "the smart way for Minnesotans to discover, support, and engage with charities." The new website, powered by Razoo.com, offers individual donors the opportunity to support their favorite local nonprofits through online giving. Dollars donated through GiveMN go directly to the charity of choice, while the gift of the philanthropic partners is to cover the $4.75 (Network for Good) transaction fee to process each donation. GiveMN offers Minnesota nonprofits an online fundraising vehicle that effectively reduces the amount of overhead required for individual organizations to raise and process donations.
Individual donors will benefit from several features of the online community, including:
-Tracking gifts and donation history through an online charity portfolio
-Organizing individual fundraisers, such as requesting friends and family donate to a favorite nonprofit instead of giving birthday or wedding gifts
-Assisting donors with assessing charities through providing links to Charity Navigator, Guide Star, and the Charities Review Council
As stated on the GiveMN website, "Minnesota has long been a leader in philanthropy and civic innovation, and we believe it is poised to revolutionize e-philanthropy." Check out GiveMN today to stake your claim in the next phase of collaboration and giving for the common good in Minnesota!