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Corporate Social Responsibility
News
12.17.2004 ET
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CSR News from:
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Network for Good
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News Category:
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Online Gifts to Charity $2 Billion and Growing
Donors seek the convenience and efficiency of online giving this holiday season
(CSRwire) WASHINGTON - As Americans contemplate their holiday and year-end
giving to charity this month, more donors than ever before will be
connecting with charities online. While traditional offline giving to
charities by individual Americans held steady last year, giving online
grew by more than 60%, totaling approximately $2 billion.
According to a survey of more than 10,000 Internet users by Network for
Good, the largest nonprofit processor of online donations, three out of
four people say they have visited a charitable website. Half of them say
they have taken an action as a direct result.
The increase in activity between donors and their favorite charities
online is the result of a number of factors, according to Bill Strathmann,
CEO of Network for Good. "We know two things: First, 89% of Americans
households give to charity. Second, they are increasingly comfortable
using their credit cards online. Add to that the efficiency of doing
charity online and it stands to reason that online giving will mirror the
online shopping growth trends."
Network for Good, a website that includes detailed listings of more than
one million U.S.-based charities and a searchable database of nearly
80,000 volunteer opportunities, is just one example of how donors are
headed to the Internet to give to their favorite charities. Since its
inception three years ago, Network for Good has distributed more than $45
million in donations to more than 15,000 nonprofits and also referred more
than 175,000 volunteers with thousands of nonprofit organizations
nationwide.
Network for Good is also helping smaller charities get in the game. More
than two-thirds of donations made through Network for Good are for
charities with budgets of less than $5 million, according to joint study
by Network for Good and The Urban Institute, an economic and social policy
research organization based in Washington, DC.
In fact, about a third of the donations are to charities with very small
budgets of less than $500,000. "The Internet and organizations like
Network for Good are leveling the playing field for smaller nonprofits,"
Strathmann adds, "by connecting these worthy charities with the primary
funding source in the sector, namely, millions of generous Americans who
are completing their giving this holiday season."
About Network for Good
Network for Good (www.networkforgood.org) is the
Internet's leading charitable resource, an easy-to-use website where
individuals can connect with causes they care about by donating to more
than one million nonprofit organizations and by choosing from among tens
of thousands of volunteer opportunities. Network for Good also works
directly with nonprofits to advance the adoption of the Internet as a tool
for fundraising, volunteer recruitment and community engagement. Founded
in 2001 by AOL, Cisco Systems and Yahoo!, Network for Good is an
independent, 501(c)(3) nonprofit organization.
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