In response to the growing trend of savvy donors wanting more reassurance that their donations really will make a difference, an interesting new online initiative was launched last month called Philanthropedia.
Philanthropedia is essentially an online charity crowdfunding site – but one with a difference, in that it uses a team of 261 experts specialising in different social causes to evaluate the effectiveness of US non-profits. Their recommendations are then used to define ‘Expert Mutual Funds’ representing those they deem to be the best organisations to support doing work within specific cause areas.
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