Poverty’s Demise .Org

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

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Poverty’s Demise .Org. Darryl Penrice Executive Director / System Designer [email protected]. http://www.povertysdemise.org/ 40% Stage One Design “the nucleus”. 1. Problem. Definition of Poverty: “Poverty-the lack of subsistence level economic buying power” - PowerPoint PPT Presentation

Transcript of Poverty’s Demise .Org

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Poverty’s Demise .Org

Darryl PenriceExecutive Director / System [email protected]

http://www.povertysdemise.org/

40% Stage One Design“the nucleus”

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ProblemDefinition 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.

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PDO Solution:virtually adopt a couple of children

Recipient

Recipient

Donor / Recipient Screening System, Communication Filter, Donation Converter,

& Donation Guidance System

$200 Cash Donation

$100 E-gift certificate for food

$100 E-gift certificate for food

PDO will feature donor-to-recipient, adult peer-to-peer, & child peer-to-

peer chat networks

PDO Double Blind Policy allows donors & recipients to maintain

individual privacyE-Gift Certificates are uniquely

coded to prevent abuse of donations

Total Transaction Time Required: Less Than 20 Minutes

PDO Charitable Transaction Platform

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PDO Solution:virtually adopt -MANY- children

New York$1,000,000

Chicago$1,000,000

Donor / Recipient Screening System, Communication Filter, Donation Converter,

& Donation Guidance System$4,000,000

Cash Donation

2,500 E-gift certificates for RENT ($400 per)

5,000 E-gift certificates for Gas Bills ($200 per)

Bangladesh$1,000,000

South Africa$1,000,000

25,000 E-gift certificates for Food ($40 per)

25,000 E-gift certificates for Food ($40 per)

Total Transaction Time Required: Less than 20 Minutes

PDO Charitable Transaction Platform

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Business ModelingDonor Portal Rev:

interest earnings -support acct-good deeds acct

market activityearnings-online ads-mp3 downloads-cool goodies (gifts)-utilities

Recipient Portal Rev:

interest earnings -savings acct-tuition acct

-good deeds acctdonations

Social Services & Products Electronic Gift Certificates

(food, shelter, etc.)

$0 transaction feesDonors enjoy 1 to 1 donation recipient ratio

-corporate sponsored in early years

-maintained through operating surplus in later years

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.

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PDO Potential ImpactAccording 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:

Bill Gates

President Obama

Social Services & Products Electronic Gift Certificates

(food, shelter, etc.)

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

Allocates $84 Billion American tax dollars be spent to help American

children

Completely raise 13 million American

children out of poverty for one year

Total Transaction Time Required: Less than 20 Minutes

PDO is 100% turn-key technology, and therefore can spread worldwide very quickly

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Marketing and OutreachPartnerships

Contact people with children receiving government and/or nonprofit public

assistance

Ex. Michael Jordan donates $1 MM USD

to pay 3 months of gas bills for poor Chicago area children

Celebrity Endorsements

PDO Screening & Registration Drives

Poor Schools = Poor childrenfull-time & volunteer staff onsiteeconomic needs documentation

PDO Awareness Campaign

Offline Town Hall meetingsOnline social networking / blogs

Grassroots / Viral Tactics

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

10 yr recipient profile goal 6.5 million

(Facebook has 150 million , user profiles in just 5 years)

Recipient Recruiting Strategy

Donor Recruiting Strategy

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Competitive Advantage

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Market Incumbents Weakness

“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

“Middle-man” Lacks transparency Only connects donors to other

nonprofits

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

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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

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Financial Plan: yearly forecast

Note: PDO maintains nonprofit status, despite operating surpluses, by purchasing social services & products gift certificates on behalf of poor children

Year Funds Needed Children Helped Year Self –SustainableNonprofit Status

(Operational Surpluses Below)

Children Helped

Year 1 $2.8 M 0 Year 6 $0.7 M 825,633

Year 2 $3.9 M 2,063 Year 7 $1.8 M 1,653,070

Year 3 $3.8 M 22,077 Year 8 $3.2 M 2,965,744

Year 4 $5.9 M 68,728 Year 9 $4.9 M 4,987,729

Year 5 $5.2 M 401,050 Year 10 $6 M 6,490,865

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Status and timeline

6 months

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

2 yearsPDO becomes 100%

self-sustainable nonprofit by Q1 of Year 6

3 years

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Leadership

Chairman / Executive Director- Darryl Penrice14+ 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 Clarke4+ 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 Kelly30+ 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 Studdard7+ yrs. IT experience- Sr. Staff Engineer Software Engineer, Motorola- Software Engineer, Symbol technologies

Chief Financial Officer / Treasurer- Mikhail Schnayder4+ yrs. Financial Industry Experience- Merrill Lynch (BOA), Credit Derivatives Documentation, and Citigroup