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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 focuses on the fundamental needs of the poor. This effort towards small-scale factors radiates outward and tackles the large-scale nature of poverty around the world. The structure of the organization directly influences the principle behind it. BBP is a group of passionate problem-solvers that share similar philosophies. Each individual has the power to drive more money into high performingfollow their own independent approach, great organizations fighting as long as it supports the organization’s goal to:</span> <span style="font-size:large;">·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dedicate at least $1 million per year to tackle poverty.</span> <span style="font-size:large;">·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Facilitate genuine change</span> <span style="font-size:large;">·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This is done by sharing leads, ideas and networks with each other on Fund at least 5 organizations having a real impact in fighting poverty.common</span> <span style="font-size:large;">·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; This is achieved through six key factors that each funder foundation in Keep the group has in common:door open to other funders &nbsp;</span>
#<span style="font-size:large;">A focus on the basic needs of the poor</span>#<span style="font-size:large">A commitment to funding for real impact</span>#<span style="font-size:large">Recognition of the need for scalable solutions Each member makes their own financial decisions, and business-like decides upon alternative organizations to deliver them</span>#<span style="font-size:large">A desire to work actively with others in support. By working towards the group</span>#<span style="font-size:large">At least $1 million devoted same cause independently, Big Bang Philanthropy successfully addresses different elements of poverty to funding poverty solutions annually</span>#<span style="font-size:large">Three or more organizations funded in common with others in expedite change that will have the group, with at least $100,000 invested in eachmost 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:ResourcesOrganizations]]