More peer-to-peer insurance startups exist around the world (which Remmelt hasn't researched yet) but the alignment between CommonEasy’s and EAs values makes them a great partner.
If you become unemployed because of physical or mental health reasons, you can submit a ‘claim’ on the CommonEasy website. If no-one in the group disagrees with it, you receive the first payment 2 weeks later. If someone does voice their disagreement, you get the opportunity to reply and solve possible misunderstandings. A voting round follows in the 5 days after that. If 10 or more people vote against your ‘claim’, it is denied.
Antigravity Investments, an EA social enterprise focused on providing robust automated investing systems for EAs and the general public, would be interested in sponsoring the EA Community Safety Net. Antigravity Investments has an international entity which should be able to hold the pooled funds of the safety net for EAs around the world. Additionally, pooled funds could be invested with any one of Antigravity Investments' systems. If EAs believe the EA Community Safety Net has enough members to be sustainable and its members have agreed on a benefits plan and benefits distribution decision system, Antigravity Investments is ready to move forward with sponsoring the project.
Ozzie Gooen, / Ozzie Gooen, Brendon Wong just entered himself above. I think this first 10 bit is out of date though, and the funding network is inactive and replaced by the .impact fund? Might be worth updating this project page.
Ok, I'll be sure to do that! I just joined the FB group today. So should I delete myself on the first ten now? Oh, and how does this comments thing work? Is there a comments section at the bottom of every page, or a button to press or something?
Ok, I familiarized myself with the comments feature. It's fine if someone deletes me, or I can delete myself following feedback.
Support would most be needed in terms of spreading awareness of The Giving Basket if it seems to be a good solution. Feedback on the website and further development in general would be helpful as time progresses, including eventually establishing a separate 501(c)(3) to reduce fees if there are resources/volunteers available to do so. We are partnered the nonprofit FJC, which is a registered 501(c)(3) nonprofit, to provide donors with tax-deductible receipts. Their EIN: is 13-3848582. More information is available on the Optimized Donations System and Donation Trading System hackpads.
Hi Randy, the donation methods 1 and 2 enable people to directly send money to support us. Were you thinking of making a contribution or having others make a monetary contribution to The Giving Basket organization itself? Otherwise, all donations to be routed to other charities go through the one PayPal link, the first one on the Donate page which connects directly to FJC and counts as a tax-deductible donation. We have an arrangement worked out with FJC to enable group donations to what is essentially a donor advised fund.
Could you explain your last point more clearly? The point in the previous comment. ^^ We can write tax receipts if someone were to donate to us, yes. We have a fiscal sponsor that provides our organization itself with 501(c)(3) status in the US. They are Social Good, EIN: 46-1323531. Also would it be more convenient to chat on Facebook or something?
Brendon WAn optimized donations system would improve the donation making ability of individuals, groups, or institutions. Donors would make tax-deductible contributions to individual or shared holding funds which would then be able to donate to other charities (including international ones), hold funds indefinitely, invest stored funds, and automatically send out donations according to certain criteria.
This system would make donations more convenient because instead of donating multiple times to multiple organizations, and collecting multiple receipts and deducting multiple contributions, everything would just happen once. Donations could be immediately tax deducted and held for future use.
One of the most powerful components of this idea is that donations would be automatically invested and could grow tax-free over time. This system would avoid donors paying income tax or capital gains taxes which they would otherwise incur by taking this approach, and since all funds would be automatically invested, it would be highly convenient for donors.
The system would support intelligent fund management: donors could contribute certain amounts to "shared giving funds" where donations would be automatically sent to charities based on outside expert opinions, group decision making and voting, or other methods. Shared donation funds would make donating easier for those who have limited research time, and they help advocates bring awareness to their recommendations when they actively participate in helping shared donation funds make better donation choices.