Tim Hwang founded The Awesome Foundation in 2009, to address his frustration with the unavailibility of small amounts of funding for small projects. So, he rallied 10 friends to begin this experiment in what they called 'guerilla funding'. In their home-made Foundation, anyone could be elgible for the $1000 grant by submitting a simple 7 question application on their website.
What they found was that $1000 was a very sweet amount of money- it was small enough that the trustees did not worry about risk in what they were investing in, knowing another month would role around fast, but it was plenty of funding to legitimize the awesomness of a person's idea and motivate them to GO BIG with it (like an activation energy!). The grants began to create great ripple effects in the community; events festivals funded once would reoccur annunally, people's inventions would lead to more inventions, and they would find highly commendible applications at home and abroad. Via cell phone shoes off the grid, big red camera ballons in the wake of Haiti's earthquakeGulf oil spill, water-purifying boat gardens to purify bay water, and more, casual tinkerers were becaming bonafide citizen problem solvers! And it didn't take billionares to get them started. <blockquote>''"We tap the really underestimated power of JOY- without joy the Awesome Fondation would be the startedCheap and Efficient foundation, which is a lot less catchy."'' - Chritina Xu, Trustee</blockquote>In ___, they founded the institute of awesome studies to create chapters in a place as an alternative to traditional aid (and its many inefficiencies, short sighted goals, use of indigenous resources) i.e.Haiti Earthquake New Orleans, unite across diciplines in boundaries/ network>> decentralized, but a sum of our parts- take more risks than a traditional foundation, in adaption
Unique feature:Furthermore, the Awesome Chapters became valuable community nodes, for very interesting, imaginative people to congregate and brew. Trustees and participants could discover cross-disipline resources which they never would encounter in their own communities otherwise.
unite across diciplines in boundaries/ network= Current Chapters and Some of Their Awesomness =
adictive problem solvingBlah Blah
sum of our parts- small = sum of our partsSteps Required =
tap- JOY!To apply to the main Awesome Foundation with an idea, use this link: , or find another local or themed Awesome Chapter to apply to.
Furthermore, the Awesome Chapters became valuable community nodes, for very interesting, imaginative people To apply to congregate and brew. Trustees and participants could discover cross-disipline resources which they never would encounter in their own communities otherwise.initiate a Chapter or get involved with a current one: = Contact Info =