Fun + Meaning2 = 2030 semi finals

FUNDOR: Fun + Meaning2 = 2030 semi finals

EXECUTIVE SUMMARY - Team FUNDOR Do you admire people like Warren Buffet, Bill and Melinda Gates? Then you and Fundor have something in common.These people are admirable not just for their ability to produce immense wealth, but for their ability and their DESIRE to give back to society.They rightly understand that they have more than they need, and that that excess can be translated into sending children to school, or providing healthcare to those unable to access it, or provide drinking water to an entire village somewhere. So, to be like them, do we wait till we are middle-aged, own a couple of villas around the world and enough cars to fill up a museum?To give away money, you have to have it first, right?Exactly.Fundor understands that a lot of us want to do our bit for the world, but are unable to do much, for financial reasons. Fundor makes you a Donor, but it isn’t your money that is being donated.Think of it as a new-age Robin-Hood, with you(FunDonors)as the partners in “crime”! Fundor will be an online micro-fund raiser for NGO’s and social sector organizations in India.These organizations do not have the resources to publicize and fund-raise for their great work, and donations are infrequent. Fundor is an online community of givers, a kind of Facebook for the socially-minded, with the focus on coming together to give to those in need. It will have the following features:- • Existing popular hobby games – Crosswords, Sudoku puzzles, various daily Quizzes, Hangman and other such games which are SPONSORED, by companies/firms looking to fulfill their CSR (Corporate Social Responsibility) obligations. • The prizes won by the winners of these daily games will go towards the NGO’s. Fundor will ensure that the winnings are distributed equally amongst all the NGO’s supported by it. • It will feature an e-commerce platform for sale of NGO products only.By retaining a small percentage of the sales, Fundor will be self-sustainable. • It is a not-for-profit venture. At Fundor, we want to ensure that we share our fun and happiness with those less fortunate than us, so that by 2030, it is Survival of the Happiest rather than Survival of the Richest. Also, through the use of “thinking” games like Crossword puzzles, quizzes etc., we aim to link the future to the past; ensure that we preserve the essence of fun in this ever-changing world run by technology.A donor will also feel like he has actually worked to earn for a cause/NGO rather than simply donate at the click of a button. Fundor is unique because it appeals to all ages and geographies, and brings a community approach to donating.

5 comments