Charitable Network

[jonsie]

It seems we have a new network announced today. Pay & Go at the moment though it remains to be seen whether this type of network will take off.

I think all large profitable organisations should make charitable donations from their vast profits, some do and others should follow.

http://www.bbc.co.uk/news/technology-20394691

[perksie]

Nice idea this but I'll reserve judgement until more info is forthcoming.

Their data is a bit pricy though.

[Anonymous]

Think I would need a bit more info than the press release.  We are involved with a couple of charities and from experience the slice thats supposed to arrive seldom does (in terms of amount) from these schemes.  Dont mind if you call me suspicious

[sheepdog]

They always omit things like operating costs and go for the sympathy angle. Cue a certain billionaire and the National Robbery Lottery story. Pity he neglected to mention that the overall operating costs compared with the eventual winner meant that the overall money raised was far less than the eventual winner. But the marketing spin was completely different (see, the National Audit Office is there for a reason!). Digressing to my point....

I can't see this being a success. There are a lot of charities out there and when they work it out eventually, the cost in processing from the banks means that the final cost is so small you could go out and find more on the street! Best to give direct to said charity rather than go through a middleman.

[Toby]

Thanks for the info jonsie.

A very interesting idea and I shall be watching it with interest