31 March, 2018

How to Get $29 Million for Classroom Projects? Just Ask - The New York Times

How to Get $29 Million for Classroom Projects? Just Ask - The New York Times:

This week, those requests, along with the more than 35,000 others listed on DonorsChoose.org, a crowdfunding website for school and classroom projects, were fully funded thanks to a single $29 million donation.
“A million students, overwhelmingly in low-income communities, are going to feel the impact of this gift within the next few weeks,” said Charles Best, chief executive of the nonprofit group, which he founded in 2000 while teaching history and English in a Bronx classroom.
Photo
Charles Best, founder and chief executive of Donorschoose.org, at a conference in 2014. Mr. Best emailed Ripple’s chief executive with an audacious proposal: What if it fulfilled every request on the website? CreditAlison Yin/Invision for Intuit Quickbooks
The gift, by far the largest ever received by the charity, came after the site reached out to Ripple, a virtual currency company that has amassed wealth at an astonishing pace, and its executives.


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