stanford university give smart presentation
Post on 07-May-2015
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we want your two cents
+ + =best
intentionsbig
bucksbrightideas
[ ]Alexander Berger, Aaron Kalb, Alex Romanczuk
Stanford University
give mart
Smart Crowd Philanthropy
the big problem
a few influential, savvy investors
masses of naïve
investors
effective institutions
ineffective institutions
the market
why nonprofit markets are not efficient
In the for-profit market...
However, in the nonprofit space...
I3conceptual innovations
II
III
decoupling the decision to give from the choice of a specific charity to give to
identifying the most effective nonprofits using algorithmically weighted votes and dialogue
motivating financial and intellectual contribution using principles of behavioral economics
a problem
Save-A-Life InitiativeSALI
Do you want to help him? Do you want to help him?
LifeSavers
Then give to us.Then give to us.
We spend our money on our cause and on self-assessment, rather than on advertising, but we’re actually orders of magnitude more
effective according to every metric.Could you please give to us, inste...
Hello? Hello? Can you hear us?
our solution
People who care about causes or have moneycontribute funding and pick problems
People who care about efficacy or have timecontribute research and select solutions
decoupling problems and possible solutionscombining emotional altruismwith rational research
conceptual innovation : 1
+
Whether you have millions of dollarsor just common sense
we want your two cents
Whether you have millions of dollars or just common sense,
a problem
Problem:crowdsource (GreatNonprofits/Pepsi Refresh): gets breadth/coverage + involvement
experts (GiveWell):
harnessing ‘smart crowds’ to find the most effective nonprofits
conceptual innovation :2
our solution
coverage
insight from
experts from crowds
how it works
draws inspiration from Google’s PageRank algorithm and Amazon’s ‘top reviewer’ system
apportions influence according to intelligence, insightfulness, and involvement
unites the power & coverage of crowd-sourcing with the quality of expert recommendations
our system
motivating contributionleveraging the innate human desires to win, to complete, to compete, and to collaborate
conceptual innovation :3
our solution
a problem
how it works
We’re almost there!Help us stay on track.
$1000 DONATEDONATEDONATEDONATE
This is Kwabena.You can save him.In Burkina Faso, over a thousand children like Kwabena everyyear from malaria alone. Relatively cheap medical supplies—which westerners take for granted—can prevent the mosquito bites which cause malaria or treat the resulting illness.
moti
vati
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don
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Alexis motiv
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partic
ipatio
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charitable champion
COMMENTS
DONATIONS
3
Member since 01/14/2012Initiated 4 challengesRaised $150,000
Count:
2,013
Quality
95%
Total $5,117
Seed $600
Early $1,340
Goal $20,000
Raised $ 5,500
Target $ 6,500
putting the pieces together
our innovations actualized
1 Decoupling • Donations to causes• Ratings for nonprofits• Votes in competitions
2 Smart Crowds
• Comment boards w/ active dialogue• Page-rank style weighting of votes,
ratings, comments
3 Motivation • ‘Tipping’ mechanics, graphically illustrated
• User scoreboards (reflecting actual influence)
Give Smart
GiveWell
Great Nonprofi
ts
GuideStar+ P-pedia
Global Giving Jumo
Pepsi Refresh
Charity Nav 2.0
United Way
Promotes Dialogue
Recommendation Quality
Organizations reviewed
Draws a Crowd*
Draws Donations**
* by Alexa pageviews (except for United Way)** money moved
benefits
The Competitive Landscape
A user starts a challengebuilds foundation with money, blurb, and invitations
Others agree to contribute provided the goal is reachedsocial incentives supplement good will
The challenge goes live votes, reviews, and karma accumulate
The challenge closes and funding is distributedweighted votes are tallied
the dynamics
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IV
POSTPOSTPOSTPOSTComment Board
Type your comment hereType your comment heregive your
two cents, User123!
This organization saves lives. It should win all the challenges.
Yes, this charidy is DA BOMB!!1
While certainly well-intentioned, LifeSavers was shown in this study to be incredibly ineffective. The Save-A-Life Initiative targets the same population but yields far better results, according to expert research.
esteemedcontributor
Thanks for referencing those great studies! I’ll vote for The Save-A-Life Initiative, instead.
My friend told me this was a wonderful group doing great work.
LifeSaversWe save lives by utilizing good intentions. more >
DONATEDONATEDONATEDONATE
newcomernonprofitsin this domain
7 BillionFutures
more >
Top-ratednonprofitsin this domain
The Save-A-Life
Initiative
SALI
Longevity Seekers
more >
Currently competing in
Stop Malaria
Challenge$50,000
VOTEVOTEVOTEVOTE
for LifeSavers
Eligible for
Save Senegal$100,000
NOMINATENOMINATENOMINATENOMINATE
LifeSavers
— Expert
“ ”While certainly well intentioned, LifeSavers was shown in this study to be incredibly ineffective
comment quality
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comment quality
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comment quality
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implementation
3possible approachesthe roll-outattracting users
bowling pinsFacebook style
big bangApple style
build uponSquare style
I
II
III
build up
corporationsPepsi Refresh style
foundationsAmerica’s Giving Challenge style
individualsKiva style
implementation
3sources of revenue
I
II
stayin’ alive
III
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