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I really like how their operation cost is only covered by tips instead of a cut from donations like most other charitable organization. Not sure if they are fir
by edouard1234567 14y ago
I really like how their operation cost is only covered by tips instead of a cut from donations like most other charitable organization. Not sure if they are first to do that.
I'd be curious to know what the average tip is.
When I give tips at the restaurant or the car wash, the more I give the better I feel about myself, it's not only a reward for the quality of the service but also the feeling of helping somebody who needs money more than I do. There's a little bit of charity in every tip, at least for me.
In this case the physiology is reversed. I'd rather donate more to the patient and less to the institution. I also have no reference of what a good tip is for Watsi. It would typically be the minimum amount to keep them operating and donate the rest to the patient.
Should they add a suggested tip?
- sgpl 14y agoKiva does that [https://www.kiva.org https://www.kiva.org]. Kiva is a lending platform focused on micro-finance. All the money you lend directly goes to the borrowers(via its lending partners), and once the lender returns the money, you can recycle the amount to another borrower on the website. They do have suggested donations to Kiva, usually 10%/15%/20%/self-specify of the loan amount.
- toomuchtodo 14y ago15% is the default I believe.
- larubbio 14y agoVittana works in a very similar way except they are focused exclusively on helping to fund education. http://www.vittana.org/ http://www.vittana.org/
- makomk 14y agoI'd be very surprised if Kiva don't have other ways of funding themselves - the microfinance institutions that make loans using Kiva money charge fairly substantial rates of interest on the loans, making it very profitable for those organisations at least.
- Evbn 14y agoDonorsChoose and against malaria are similar. It is common, and a good angle.