We’re taking a different appraoch to #CharityTuesday in the weeks to come by focusing on a vital part of the charitable sector – foundations.
Recently, Imagine Canada and the Philanthropic Foundations Canada published a report entitled, “Assets and Giving Trends of Canada’s Grantmaking Foundations” which documents the impact foundations have the nonprofit and charitable sectors – an impact valued at $966 million annually.
Specifically on this #CharityTuesday we’re happy to introduce you to the foundation Kutoa.
Kutoa refers to its foundation as a movement – a means to mobilize people to do two very small yet significant things: 1) donate; and 2) vote on the project you wish to see funded.
The foundation, itself, was birthed out of the thought that wondered, “What if every person gave just $1 to this cause? What kind of impact would that make?” This “power of one” thought process is at the core of what Kutoa does for global charitable causes.
For example, according to its website:
What we especially like about Kutoa is that is it allows anyone and everyone to participate, no matter the size of one’s donation. With this in mind, you don’t need to have the philanthropic wealth of Bill and Melinda Gates or Warren Buffet to make a real, tangible difference in the lives of other human beings through Kutoa.
Instead, you only need to embrace the “power of one” – one person with one dollar believing that “small change can produce big change” (Kutoa, 2014).