Leisure and Lifestyle News / Charidy

The Next-Generation Giving Platform for Personal Causes

Via: ReleaseWire

Updated 9:00 AM CDT, Mon, May 27,2019

Brooklyn, NY -- (ReleaseWire) -- 05/27/2019 -- The team at Charidy is thrilled to announce its next bold initiative to further our commitment to building a better world for all people…and by all people! The new Charidy for Personal Causes is a ground-breaking project that will provide a new, innovative approach to connecting those in need with those who want to help them, in the most transparent and immediate way possible.

This new platform is unique in that not just any personal cause can be promoted. This selectivity sets it apart from similar platforms and evolves from Charidy's belief in empowering those who can, and should succeed.

Charidy, launched in 2013, has accumulated a wealth of experience and knowledge in just how a cause penetrates the emotional barrier of a prospective donor who, lacking a personal connection to the cause, would otherwise not be compelled to give. Our ability to push past a personal network and into the wider community of donors worldwide, is what establishes us in a Giving Market entirely separate and distinct from any other before it.

After almost six years of committed and consistent success in the fundraising and social impact space - accumulated through partnerships with over 4000 non-profit organizations and over $750,000,000 raised - Charidy has identified three critical components that qualify a personal cause for success, and without which a campaign is far less likely to succeed. This includes: cause, community, and trust.

Cause
It might seem like common sense that, in order for a giving campaign to succeed, its first and foremost needs a compelling cause. Yet, when scrolling or clicking through other crowdfunding platforms, there is an abundance of campaigns falling flat for one overt and obvious factor: they haven't established a reason to give. For a personal cause campaign to succeed in crossing the chasm that exists between one's personal networks and the global community - the cause or the 'why' behind the ask – must be such that it motivates, inspires and compels a complete stranger to give away their hard-earned and much-needed financial resources to support something to which they owe nothing and will likely never be personally affected by. In order to achieve this, a campaign must express a truly human need, one that anyone and everyone can relate to on some level. Second, the donor should be able to immediately understand that there is an absolute and honest need for help and that the campaign proprietor has no alternative means to raise these critical funds. And third, it should be evident to prospective donors that the cause is helpless… but hopeful. This implies that the cause of the need has a clearly designed solution - an end goal that only these funds can supply - and the prospective donor's specific and timely contribution is essential to resolving this need. Only when meeting these requirements, can a cause build a strong enough narrative to rise above the tide of countless personal cause stories and stir within the community a necessary outpouring of support.

Community
The second component consistent across successful giving campaigns is their core community. Rarely will a giving campaign succeed without a core network, or community, of supporters who will give to the cause in a compressed period of time which allows critical and necessary momentum to build. After all, without momentum, a campaign can ever reach its tipping point, where the intersection of need and give is such that the message is amplified by a cascade of donation, catapulting a campaign to the far reaches of its most engendered success. These communities are found within the immediate network of the giving campaign proprietor, and can take the form of a religious community, family and friends, work colleagues, community leaders or any other immediate circle of supporters available. In leveraging this core network of supporters, momentum can be built up to the point that a giving campaign can and will cross that crucial tipping point from its proprietor's limited networks into the wider community. This is the mark of a successful and worthy campaign.

Trust
When appealing to the wider community for financial support, it is important to consider that when making a financial contribution to a cause, donors are demonstrating a level of trust in the campaign and its proprietor. For a campaign to be truly successful in compelling the wider community to contribute, it must be credible - it must inspire and instil trust. Donors cannot be expected to contribute to a cause lacking trustworthiness in messaging. This would include the stated need, the attainable solution and information regarding the message bearer, or proprietor, themselves. The credibility of, and trust in, your campaign can be cultivated through a number of methods including, but not limited to: sharing references or testimonial statements from respected members of the community, news reports or features published by local media outlets, and the support of influencers through sharing the campaign across online and offline platforms. In our experience, an individual's cause – such as fundraising after the loss of a loved one - faces higher than average scepticism despite its credibility, in light of well-intentioned concerns over the effective distribution and management of funds. But, a tremendous degree of integrity is assured when the campaign proprietor can represent honestly that, with the assistance of a third-party professional consultant regarding the employment of funds, distribution will be transparent and fully aligned with the campaigns stated goals. And in turn a stranger will be more likely to give.

In combining and leveraging these three core components, a campaign is immeasurably more likely to inspire a wider community, outside those in proprietor's own network, to contribute and, as a result, ensure a successful giving campaign. And our newly formed partnership with Times of Israel will push inspiration, success, and the Giving Market for personal cause crowdfunding to its next stage of effective and widespread social impact. Because at Charidy we truly believe that everyone deserves a raise. To start a personal cause fundraiser visit https://www.charidy.com/personal-cause

Charidy
1002 Dean St, Brooklyn, NY 11238
charidy.com

For more information on this press release visit:
http://www.releasewire.com/press-releases/the-next-generation-giving-platform-for-personal-causes-1224168.htm

Media Relations Contact
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