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Organization:Big Bang Philanthropy

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<p style="text-align: center">[[File:BigBangPhilanthropy.jpg|border|none|BigBangPhilanthropy.jpg]]</p>
<span style="font-size:large;">'''Big Bang Philanthropy, named after the powerful nature of the domino effect, strives to make the largest impact possible with limited resources. By flicking the first domino, their ideal result is the expansion of philanthropist ideals, concrete improvement in the quality of life for all, and less focus on personal gain. Big Bang Philanthropy is working to ignite an explosion of beneficial change.&nbsp;'''</span>
 
<span style="font-size:large">Founded in 2011, Big Bang Philanthropy came into being when several people realized they had become a de-facto co-founder group.&nbsp; They were funding a lot of the same poverty-fighting organizations, had similar philosophies, and liked each other’s company.&nbsp; Each of them had other funders in mind who they thought might be a good fit and it seemed like a little structure might help facilitate a deeper level of collaboration.&nbsp;&nbsp; Today Big Bang Philanthropy represents more than $60 million focused each year on international poverty.</span>
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<span style="font-size:large;">The mission of Big Bang Philanthropy is to drive more money into high performing, great organizations fighting povertyfocuses on the fundamental needs of the poor.&nbsp; This is done by sharing leads, ideas effort towards small-scale factors radiates outward and networks with each other on organizations having a real impact in fighting tackles the large-scale nature of povertyaround the world.&nbsp; This The structure of the organization directly influences the principle behind it. BBP is achieved through six key factors a group of passionate problem-solvers that each funder foundation in share similar philosophies. Each individual has the group has in commonpower to follow their own independent approach, as long as it supports the organization’s goal to:</span>
#<span style="font-size:large;">A focus on the basic needs of the poor·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dedicate at least $1 million per year to tackle poverty</span>#<span style="font-size:large;">A commitment to funding for real impact·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Facilitate genuine change</span>#<span style="font-size:large;">Recognition of the need for scalable solutions and business-like ·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fund at least 5 organizations to deliver themin common</span>#<span style="font-size:large;">A desire ·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Keep the door open to work actively with others in the groupother funders &nbsp;</span>#<span style="font-size:large">At least $1 million devoted to funding poverty solutions annually</span>#<span style="font-size:large;">Three or more Each member makes their own financial decisions, and decides upon alternative organizations funded in common with others in to support. By working towards the groupsame cause independently, with at least $100,000 invested in eachBig Bang Philanthropy successfully addresses different elements of poverty to expedite change that will have the most beneficial and lasting effect. &nbsp;</span>
<span style="font-size:large">Big Bang Philanthropy is composed of twelve funding foundations.&nbsp; Each of these organizations have their own criteria for selecting organizations to fund, the amount of resources they’ll fund and how they interact with the population at large including students.</span>
 
'''<span style="font-size:large"><span style="font-size:xx-large;">Which Organizations Qualify?</span></span><br/>'''
 
<span style="font-size: large;">The process of choosing which organizations to fund is selective, yet pure and logical. Any group, whether they be profit or non-profit, can qualify for financial support as long as there is concrete evidence of their impact on poverty, or evidence of their potential to impact poverty. More specifically, BBP is looking for groups that adopt a business-like approach—groups that look at the logistics in order to foster realistic and sustainable change. BBP favors organizations with a functional internal structure that continuously collects and evaluates data to improve overall effectiveness. Different groups are given an amount of money that BBP members deem necessary, with the minimal amount of hassle.&nbsp;</span>
[http://www.segalfamilyfoundation.org/ <span style="font-size:large">Segal Family Foundation</span>]
 
 
[[Category:Organizations]]