1 / 12

Poverty’s Demise .Org

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

vienna
Download Presentation

Poverty’s Demise .Org

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Poverty’s Demise .Org Darryl Penrice Executive Director / System Designer darryl.penrice@povertysdemise.org http://www.povertysdemise.org/ 40% Stage One Design“the nucleus” 1

  2. 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.

  3. 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

  4. 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

  5. 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.

  6. 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

  7. 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

  8. 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

  9. 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

  10. Financial Plan: yearly forecast Note: PDO maintains nonprofit status, despite operating surpluses, by purchasing social services & products gift certificates on behalf of poor children

  11. 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

  12. 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

More Related