Sites to bring in billions in holiday donations

In the United States, cumulative online donations to charities could hit more than $4 billion during the holidays, according to a survey released Tuesday by marketing firm Convio. More than than 63 percent of those surveyed said they plan to donate money via the the Internet over the holiday season (November 1 through December 31, 2009), up from 51 percent in 2008.


Vittana- “Ultimate Game Changer in Philanthropy”

Vittana, which beat out such well-known charities as DonorsChoose and people like Mayor Michael R. Bloomberg of New York, is building a student loan business for microfinance institutions that cater to poor people in the developing world.

It uses a model similar to that of, a nonprofit organization that funnels loans to individual borrowers through microfinance institutions. The method is to solicit individual lenders for money that will back loans to young adults seeking college educations.

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