• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Crowdfunding

This charity crowdfunding site wants your spare change

By
JP Mangalindan
JP Mangalindan
Down Arrow Button Icon
By
JP Mangalindan
JP Mangalindan
Down Arrow Button Icon
January 24, 2014, 4:50 PM ET
“People don’t give just a dollar because they don’t think it’s going to make a difference,” explains Coonah, CEO and founder of Givelocity. Photo: Givelocity.com

FORTUNE — Charitable donations may be a $418 billion national affair according to Dallas-based charity-tracking firm Atlas of Giving, but Susan Cooney argues there remains many more untapped dollars to be had.

“People often don’t give just a dollar because they don’t think it’s going to make a difference,” explains Cooney, CEO and founder of startup Givelocity, headquartered in Walnut Creek, Calif. Backed with $200,000 in initial funding from friends and family, the online charity site launched last December and aims to change that attitude with an idea that infuses crowdfunding and social elements so even giving $1 a month feels meaningful to the individual or corporation.

MORE: Glow app branches out beyond conception

Think of Givelocity as charitable donations with an online democratic twist. Members sign up online and select one of 550-plus non-profit charity causes they ideally would like to donate to — the American Kennel Club Canine Health Foundation or say, the Adaptive Sports Foundation, a sports education initiative for people with disabilities — and how much their monthly donation, starting at $1. The money goes into a giving circle, or “neighborhood,” money pool the member joins. They and other members of the neighborhood may cast a vote once a month for the cause they’d like the pool money to go toward: Whichever cause nabs the most votes wins and receives all the neighborhood money that month. (Voting isn’t mandatory but is clearly encouraged if users want to have a say in where their donation goes.)

Givelocity raised just $1,034 total for December from 200-plus members its first month, but the money pool is nearly double that for January, and Cooney is optimistic donations will rapidly grow this year. One of the company’s goals for the first half of 2014 is enlisting public figures to help increase the site’s visibility and fuel membership interest. Cooney is already in talks with the San Francisco Giants about a potential partnership. Her first signed deal: 29-year-old Mike Chabala, defender for the Houston Dynamo, an American Major League Soccer team based in Houston.

MORE: Prim: Anatomy of a folded startup

For Cooney, Givelocity comes partly as the result of previous work experience. During the late 1990s, she spent stints at online credit giant PayPal and LinkExchange, the banner ad network founded by Zappos CEO Tony Hsieh, working in areas like marketing strategies and customer acquisition. The experiences gave Cooney what she calls a technologist perspective, one that has stuck with her as she pushes ahead into online philanthropy and confronts challenges like garnering interest and attracting new members.

Says Cooney: “With this kind of platform, you can use your voice, and your dollar can go a long way.”

About the Author
By JP Mangalindan
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

EconomyIran
Markets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results
By Jason MaMarch 22, 2026
4 hours ago
AsiaChina
Apple CEO praises China partners as Beijing applies pressure
By BloombergMarch 22, 2026
4 hours ago
Investingpets
Pricier vet care: Fewer visits but still many $11,000 surgeries
By Emily Forgash, Rachel Phua and BloombergMarch 22, 2026
6 hours ago
Arts & EntertainmentMovies
‘Project Hail Mary’ becomes Amazon’s highest-grossing film debut
By Thomas Buckley and BloombergMarch 22, 2026
6 hours ago
AIElon Musk
Musk says Tesla, SpaceX, xAI chip project to kick off in Texas
By Kara Carlson, Loren Grush and BloombergMarch 22, 2026
6 hours ago
HealthHealth
Forest ‘bathing’ can reduce stress, improve mood, lower blood pressure and boost the immune system. Here’s how it’s done
By Allen Breed and The Associated PressMarch 22, 2026
6 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.