The GlobalGiving Story
In 1997, World Bank executives Mari Kuraishi and Dennis Whittle were asked to develop innovative ways to combat poverty. They created the World Bank’s Development Marketplace, a first-of-its-kind event where people from around the world were able to compete for World Bank funds. The success of the event revealed the enormous potential of a global marketplace for philanthropy with participants demanding a real marketplace that was open year round, and operated virtually.
Mari and Dennis recognised the brilliance of this idea, left the World Bank and launched GlobalGiving in the USA.
GlobalGiving UK was established in September 2008 to bring their successful model to a wider audience. Hear from Dennis Whittle, the founder about it all came about in a recent TEDx talk he gave to young entrepreneurs.
And some final facts
GlobalGiving UK is a registered charity (no 1122823).
As a UK charity, we can claim Gift Aid if givers are UK taxpayers –even if your project or organisation is not registered in the UK. We can do this because of our due diligence process. All donations go through GlobalGiving UK, which is registered with the UK Charity Commission and we receive a nominal 10% fulfilment fee. This helps cover the cost of operating GlobalGiving UK, including money transfer fees, finding and vetting projects, providing training and support to project leaders, attracting donors and ensuring the site has up-to-date tools.
We support projects here in the UK and around the globe, with the majority of projects being in the developing world, where a small amount of money goes a long way. The total amount that GlobalGiving has raised as an organisation, both in the US and the UK, at the time of writing*, is £68,183,565 for 9,933 projects from 383,458 individual donors.
GlobalGiving UK’s corporate partners are vital supporters of our work and help in diverse ways. Examples include our global volunteer partners from Aegis Media and Standard Chartered; our non-profit learning partners Pearson; and generous corporate givers like the Guardian and Marriott Hotels.
GlobalGiving UK’s success has also started to influence the UK’s wider government policy towards overseas development and we are grateful to the Department for International Development for being a major funder of GlobalGiving UK’s work, along with Nominet Trust, Joffe Charitable Trust, Esmee Fairbain and CAF Venturesome.