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Jim Simpson
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8 months ago
in Microphilanthropy is to traditional charity what dual core processors are to single-core processors on Over The Counter Culture
MIcrophilanthropy...it's here. We have a web based site called iCareCard.org that is makes incremental, transactional contributions to the charity of your choice every time you use our "charitable" Visa debit card. Beta is done and now we're going after charitable organizations who can sponsor or benefit or both by signing on with us. We'll pay the sponsor one cent or three cents (depending upon how/what amount the debit card is used). The charity (must be a 501 c 3) benefits by receiving 2 cents every time the card is used.
By joining with a sponsor/charity and recruiting groups, either associations, employee groups (the card can also be a payroll card) or donor groups who receive the card only have to "attach" it to their existing checking account. Once that step is done, the card becomes a "pocket billboard" for the sponsor & charity and many other feature benefits abound. The card holder receives interest on his outstanding balance, gets 3 cents off of each gallon of gasoline purchased, is allowed to issue cards to family members, children, etc., can change his choice of charities that benefit and can use the card for cash at ATMs, set maximum daily amounts wherever he wants, or to make purchases anywhere Visa is accepted.
Since it's not a credit card, there is no credit app or qualifying, but since the banking networks can't determine whether a Visa debit card is a credit or checking card, can be used as a credit card when the card holder needs to make an online or offline credit card purchase.
Sponsors can offer multiple charitable choices or just one...whatever they choose. Supermarkets, employers, charities, associations, fraternal groups, colleges and even high schools can issue the card to raise funds. The catch is, as we hinted, is that the card holder is not making the contributions, iCareCard does! So, for those marginal groups way "down the tail" who have little (and shrinking) disposable income, or who may not be the best demographic profile for a charitable request, just getting this card into their hands creates an income stream that is ongoing, incremental and transactional.
This card is the egalitarian card because the revenues aren't based upon who you are or how much you make, but how often you purchase gasoline, groceries, medications or conduct business. The transaction count determines donor value, not their economic standing. So, marginal income earners who leave work on Friday now can use the iCareCard (credited with their weekly paycheck) to pick up a pizza, stop for milk and diapers and passively put a dime into their chosen charity while saving 30 cents on their gas fill up.
Any interest? Call me, Jim Simpson at 216-409-6004 or email me at jim@jmz.net and I'll send you the paperwork!
By joining with a sponsor/charity and recruiting groups, either associations, employee groups (the card can also be a payroll card) or donor groups who receive the card only have to "attach" it to their existing checking account. Once that step is done, the card becomes a "pocket billboard" for the sponsor & charity and many other feature benefits abound. The card holder receives interest on his outstanding balance, gets 3 cents off of each gallon of gasoline purchased, is allowed to issue cards to family members, children, etc., can change his choice of charities that benefit and can use the card for cash at ATMs, set maximum daily amounts wherever he wants, or to make purchases anywhere Visa is accepted.
Since it's not a credit card, there is no credit app or qualifying, but since the banking networks can't determine whether a Visa debit card is a credit or checking card, can be used as a credit card when the card holder needs to make an online or offline credit card purchase.
Sponsors can offer multiple charitable choices or just one...whatever they choose. Supermarkets, employers, charities, associations, fraternal groups, colleges and even high schools can issue the card to raise funds. The catch is, as we hinted, is that the card holder is not making the contributions, iCareCard does! So, for those marginal groups way "down the tail" who have little (and shrinking) disposable income, or who may not be the best demographic profile for a charitable request, just getting this card into their hands creates an income stream that is ongoing, incremental and transactional.
This card is the egalitarian card because the revenues aren't based upon who you are or how much you make, but how often you purchase gasoline, groceries, medications or conduct business. The transaction count determines donor value, not their economic standing. So, marginal income earners who leave work on Friday now can use the iCareCard (credited with their weekly paycheck) to pick up a pizza, stop for milk and diapers and passively put a dime into their chosen charity while saving 30 cents on their gas fill up.
Any interest? Call me, Jim Simpson at 216-409-6004 or email me at jim@jmz.net and I'll send you the paperwork!
