|Description||crowd-funding social ventures|
|VENTURE FUNDING TOTAL||$72k|
|Seed, 4/09 |
Ballard Center for Economic Self Reliance
|Angel, 3/10 ||$50k|
Tipping Bucket is a a crowd-sourced venture philanthropy platform.
It helps non-profits, social businesses, and startup social entrepreneurs leverage social media to provide catalytic capital and fund projects that do social good.
The Tipping Bucket site launches one specific “Change the World” project at a time, in one of seven impact sectorsâ€” Community, Health, Education, Energy, Environment, Justice and Opportunity.
Each project has a specific funding goal and a deadline. Working alongside partners and collaborators, the site uses social media to guide micro-donors to each project to pledge as little as $1 (the default amount) to help that project get off the ground.
While there is no limit to what donors can give, the model is to raise significant financial and social capital for these ventures by spreading world-changing ideas and examples through ever-widening networks of individual donors who each contribute relatively small donations.
Tipping Bucket’s commitment to its donors is to “change the world or your money back.” If the funding goal isn’t met by the specific deadline, none of the transactions are processed and the next project gets its turn in the bucket.
Tipping Bucket is a 501(c)(3) non-profit corporation that strives to combine the best of business, philanthropy and social entrepreneurship into a new breed of non-profit.