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Poverty’s Demise .Org. Darryl Penrice Executive Director / System Designer [email protected] http://www.povertysdemise.org/ 40% Stage One Design “the nucleus”. 1. Problem. Definition of Poverty: “Poverty-the lack of subsistence level economic buying power”

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Poverty s demise org

Poverty’s Demise .Org

Darryl Penrice

Executive Director / System Designer

[email protected]

http://www.povertysdemise.org/

40% Stage One Design“the nucleus”

1


Problem
Problem

  • Definition of Poverty:

  • “Poverty-the lack of subsistence level economic buying power”

  • Within the U.S. 13 million children annually spend part or all of the year living in poverty.

  • With less than 5% of the world’s population, the U.S. consumes over 25% of the entire world’s natural resources.

    • The fundamental problem of American child poverty is not access to resources

  • The problem is ensuring that children are connected to a wage-earner, guardian, and/or institution that has enough economic buying power to provide sufficient levels of social services and products to fully support a child’s healthy development.


Pdo solution virtually adopt a couple of children
PDO Solution:virtually adopt a couple of children

Recipient

Recipient

$100 E-gift certificate for food

PDO Charitable Transaction Platform

$200 Cash Donation

$100 E-gift certificate for food

Donor / Recipient Screening System, Communication Filter, Donation Converter,

& Donation Guidance System

PDO Double Blind Policy allows donors & recipients to maintain individual privacy

E-Gift Certificates are uniquely coded to prevent abuse of donations

PDO will feature donor-to-recipient, adult peer-to-peer, & child peer-to-peer chat networks

Total Transaction Time Required: Less Than 20 Minutes


Pdo solution virtually adopt many children
PDO Solution:virtually adopt -MANY- children

New York$1,000,000

2,500 E-gift certificates for RENT ($400 per)

Chicago

$1,000,000

5,000 E-gift certificates for Gas Bills ($200 per)

PDO Charitable Transaction Platform

Donor / Recipient Screening System, Communication Filter, Donation Converter,

& Donation Guidance System

$4,000,000 Cash Donation

Bangladesh

$1,000,000

25,000 E-gift certificates for Food ($40 per)

South Africa

$1,000,000

25,000 E-gift certificates for Food ($40 per)

Total Transaction Time Required: Less than 20 Minutes


Business modeling
Business Modeling

Recipient Portal Rev:

interest earnings

-savings acct

-tuition acct

-good deeds acct

Donor Portal Rev:

interest earnings

-support acct

-good deeds acct

market activityearnings

-online ads

-mp3 downloads-cool goodies (gifts)

-utilities

donations

$0 transaction fees

Donors enjoy 1 to 1 donation recipient ratio

-corporate sponsored in early years

-maintained through operating surplus in later years

Social Services & Products Electronic Gift Certificates(food, shelter, etc.)

PDO’s open-source dev strategy keeps overheads low enough for PDO interests & market activity earnings to outweigh PDO’s annual operation cost, making PDO a 100% self-sustainable nonprofit organizations.


Pdo potential impact
PDO Potential Impact

  • According to the U.S. Census Bureau, a single child could be lifted out of poverty if his/her household receives an additional $6700/yr of income with which to purchase sufficient levels of social services and products.

  • If all 13 million American children living in poverty has PDO Recipient Profiles as of today, PDO’s unique design makes the following financial transactions possible:

Makes tax deductible $1.3 Billion donation, rough 0.03% of his current wealth

Purchase a $100 bag of groceries for all 13 million poor children

Total Transaction Time Required: Less than 20 Minutes

Bill Gates

Completely raise 13 million American children out of poverty for one year

Social Services & Products Electronic Gift Certificates(food, shelter, etc.)

Allocates $84 Billion American tax dollars be spent to help American children

President Obama

PDO is 100% turn-key technology, and therefore can spread worldwide very quickly


Marketing and outreach

PDO Screening & Registration Drives

Partnerships

Contact people with children receiving government and/or nonprofit public assistance

Poor Schools = Poor childrenfull-time & volunteer staff onsite

economic needs documentation

Marketing and Outreach

10 yr recipient profile goal 6.5 million

(Facebook has 150 million , user profiles in just 5 years)

Recipient Recruiting Strategy

PDO Awareness Campaign

10 yr donor profile goal 24 million

(1/8th of PayPal growth after 10 yrs)NOTE: TRANSACTION VOLUME not donor profiles will make PDO successful

Celebrity Endorsements

Donor Recruiting Strategy

Offline Town Hall meetingsOnline social networking / blogsGrassroots / Viral Tactics

Ex. Michael Jordan donates $1 MM USDto pay 3 months of gas bills for poor Chicago area children


Competitive advantage
Competitive Advantage

Market Incumbents

Weakness

PDO’s Competitive Adv.

  • PDO connects donors directly to recipient child

  • PDO allow recipients of donation to participate in allocating the funds they receive through the Recipient Portal

  • PDO offers 100% transparency of financial data through the “Public Eye” function

  • PDO’s nonprofit and open-source structure creates barriers to entry from for-profit companies

  • “Middle-man”

  • Lacks transparency

  • Only connects donors to other nonprofits

  • “Middle-man”

  • Lacks transparency

  • Not truly P2P

  • Loans are not tax deductible

  • “Middle-man”

  • Lacks transparency

  • Only connects donors to other nonprofits

  • “Middle-man”

  • Lacks transparency

  • Only connects donors to other nonprofits

8


Financial plan key points
Financial Plan: key points

  • 10 Year Financial Projection Period

  • Mp3 downloads & Cool Goodies (Gifts) revenues are calculated as per capita estimates of PDO’s donor & recipient user population

  • All donors receive “support accounts”, only 1/3rd of donors have “good deeds accounts” (All interest earnings support PDO operations cost)

  • All poor children receive “savings & tuition accounts”, only half of recipients have “good deeds accounts” (PDO shares the interest earnings with poor children)

  • Online Recipient Screening & Registration System allows for faster creation of PDO Recipient Accounts beginning in Year 3


Financial plan yearly forecast
Financial Plan: yearly forecast

Note: PDO maintains nonprofit status, despite operating surpluses, by purchasing social services & products gift certificates on behalf of poor children


Status and timeline
Status and timeline

2 years

3 years

6 months

PDO becomes 100% self-sustainable nonprofit by Q1 of Year 6

  • Incubation Phase

  • 260k Funding Goal

  • Core Team Recruiting

  • Basic infrastructure

  • Define protocols

  • Grassroots Campaign

  • Pilot Program

  • $5.1 MM Funding Goal

  • Technical Implementation

  • Knowledge base creation

  • Donor/Recipient recruiting

  • 4 item shopping cart

  • National Rollout of Services

  • $10.2 MM Funding Goal

  • HQ + 2 branch offices

  • Online recipient registration

  • Reaching Self-Sustainability

  • complete shopping cart functionality


Leadership

  • Chairman / Executive Director

  • Darryl Penrice

    14+ yrs. IT experience

  • 4 Internet companies (Wunderground.com, Jstor.org, SRCD.org, Sparkice.com)

  • Prior Internet start-up experience (Founder WSP.com, a broadband digital content generator/event management company, based in Beijing, China )

    Chief Development Officer

  • - Anne Clarke

  • 4+ yrs. Grant Writing & Budget Management experience

  • -School Chancellor over seeing an annual $3 MM USD budget at Emmanuel Primary School (UK)

  • -Assisted with $10 MM USD school expansion, doubling enrollment

  • Partnerships & Alliances Officer

  • Philippa Kelly

    30+ yrs experience in International Business & Intergovernmental Policy Development

  • EU-China Trade Project, Senior Advisor

  • Australian Embassy, Beijing Department of Foreign Affairs and Trade, Australia

  • Chief Technology Officer / President

  • Darius Studdard

    7+ yrs. IT experience

  • Sr. Staff Engineer Software Engineer, Motorola

  • Software Engineer, Symbol technologies

  • Chief Financial Officer / Treasurer

  • Mikhail Schnayder

    4+ yrs. Financial Industry Experience

  • Merrill Lynch (BOA), Credit Derivatives Documentation, and Citigroup


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