# Charitableway to close

- Link: https://fundraising.co.uk/2001/03/01/charitableway-close/
- Published: 2001-03-01T00:00:00+00:00
- Author: Howard Lake

 

 

The Chronicle of Philanthropy has confirmed that US online workplace-giving service
Charitableway is to close. 
The Chronicle of Philanthropy has confirmed that US 
online workplace-giving service Charitableway is to close. The pioneering service
had raised more than $43m to establish itself.

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Founder and former Microsoft executive Pete Mountanos attributed the closure to 
the fact that he “found that it took longer to build relationships and to negotiate
business agreements in the nonprofit world than he had expected.” He said: “What
should take two weeks in this space takes six months”.

 

 

 

 

UK Fundraising’s Howard Lake has made this lesson clear to many of the voluntary
sector online start-ups which have sought his advice. Most of them had little experience
of the voluntary sector and were overly optimistic in their assumptions about the
speed with which voluntary sector organisations would move to contract and implementation
phases.

 

 

 

 

Read Charitableway to Cease Operations by Nicole Wallace at the Chronicle of Philanthropy.

 

 

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