The giving season is upon us and it’s the time of year when many around the country are thinking about the greater social good and gearing up to make their charitable donations. With crowdfunding platforms and the opportunity to donate online through social media outlets, the act of giving to charities and discovering new causes has never been easier. But it’s not always easy to determine where those dollars can do the most good, or to truly know if those donations are having a real impact.
The Social Impact Exchange, a national membership association dedicated to building a capital marketplace to help scale high-impact social solutions, hopes to change that with the launch of the Social Impact 100 (S&I 100). The S&I 100 is the first-ever broad index of U.S. nonprofits working in the issue areas of education, youth, poverty and health that have evidence of results and are growing to serve more people in need.
One of the main goals in creating the index is to help nonprofits on the platform find the funds they need to continue growing, while also serving as a site that empowers donors to increase the impact of their charitable giving. Similar to the way the S&P 500 Index provides individual investors with the information they need to invest with confidence, the S&I 100 is an online resource that allows donors to access vital information about an organization’s current and future potential to make a difference.
Click here to learn from Socialbrite how nonprofits make it into the index…