Executive Summary
Overview Time4Change is a pioneering charitable organization aimed at mobilizing both financial and human capital to maximize charitable impact. By creating a unique bridge between donors with financial resources and volunteers with time, Time4Change seeks to transform the philanthropic landscape. Through its innovative “point-for-donation” model, Time4Change empowers donors to make meaningful contributions while motivating volunteers to participate in impactful charity work.
Mission Statement Time4Change’s mission is to harness the potential of collective goodwill by turning volunteered hours into unlocked financial donations. By creating an incentive structure where donations are only released upon meeting a set threshold of volunteer hours, Time4Change inspires communities to come together, leveraging both time and money to amplify the impact on charitable causes worldwide.
The Time4Change Model
- Donor Contributions: Donors contribute funds to Time4Change with a specified charity in mind, such as Habitat for Humanity. These funds are held until enough points—earned through volunteer hours—are accumulated to unlock the donation.
- Volunteer Impact: Individuals looking to give back but without substantial financial resources can contribute time instead. For every hour a volunteer dedicates to a qualified charity, they earn points, typically structured as a point per hour. These points accumulate toward unlocking the donor’s designated funds.
- Unlocking Funds: Once the points required by the donation threshold are met, the funds are released to the designated charity. For example, if Donor A contributes $100,000 with a requirement of 100 points, volunteers would need to collectively contribute 100 hours of qualified volunteer time to release these funds.
Example in Action
A donor (and business owner), James, pledges $50,000 through Time4Change to help his employee, a single mother of three, rebuild after a devastating apartment fire. Instead of directly giving her the funds, James wants to encourage his 300 employees to rally behind this cause by collectively volunteering. He sets a target: 600 points must be earned through qualified volunteer work before the $50,000 is released to the family. With each volunteer hour earning a point, James’s employees need to contribute 600 volunteer hours in total (or 2 hours per employee).
James, as the CEO of a company with 300 employees, sees this as a way to inspire a ripple of charitable actions. Each employee is encouraged to volunteer for causes they’re passionate about, and as they log hours at qualified charities, they accumulate points toward the release of funds for the single mother. This target of 600 hours motivates his team to come together, knowing their efforts will unlock life-changing support for someone in their community.
Inspiration and Vision The concept for Time4Change originated from a situation in which a single mother lost her home to a fire. Despite attempts to raise funds, her coworkers’ donations were limited by financial constraints. With Time4Change, a simple incentive—such as the CEO offering $100,000 if employees contributed collectively to volunteer initiatives—could unlock significant resources, not only for this individual but also as a sustained impact on community causes. This ripple effect could be transformational, bringing together thousands of people motivated to volunteer, knowing their collective efforts directly support those in need.
Value Proposition Time4Change’s model of using volunteer time to release donations offers a unique value to both donors and volunteers. Donors can maximize their philanthropic reach, knowing their funds are contingent on collective volunteer work, which broadens the impact. Volunteers, on the other hand, gain purpose by directly contributing to the release of significant funds through their efforts.
Conclusion Time4Change represents a shift in traditional philanthropy, making it accessible to those with time but limited funds, and channeling the generosity of high-capacity donors. This approach not only provides immediate support to specific charities but also encourages a lasting culture of volunteerism and community engagement.
Tell us about family
Tell us about your faith
One thing to accomplish or do before you die?
Core made Bible study accessible. Dan convinced me.
I don’t have a single passion. Kids, women, financial literacy, WWF, etc. other people do. I want to support the people with passion. I have skills that can help them. I’m great at sales and marketing and passionate about business success. Charities are businesses.
A hint of faith – want to be inclusive, get “me” before I fully committed.
How do we made Jesus accessible? A: Want “Jesus accessible” – invite people to Bible study with Roy. Don’t force, just invite.
Help small non profits do more. Empower Passions.
- I don’t have a single passion
- I like business and planning
What do non profits need? Ridley to speak.
Money.
Time (Volunteers)
Resources ( locations, Marketing know how, accounting, etc). We can help make a cause into a business. Even if we recruit other volunteers to do pro bono work.
This is where we can help.
Think time for change.
Financial literacy. Can host at churches, but online has bigger reach. (Think leverage. There are probably programs that exist that need a stage and/or microphone. Our job isn’t to teach or do, it’s to empower and enhance).
Time 4 Change. Raise money but tie donations to volunteer hours.
Need better post-donation marketing to donors. Personalized letters, phone calls, videos, pics. Even get info about them. Ask for their friends/referrals for donations or volunteers.
Make scoring system? Track hours, dollars, referrals, “down line”. Etc. Give milestone badges/pins. Make teams (it keeps it fun and accountable). Could add stuff like devotional, give homeless person $5, buy a strangers coffee, – all these are points. Maybe a task a day for a “passion week”. Think “Pay it Forward”.
This makes the world better and keeps them engaged. Could do a change the planner week with employers- give employees paid 1/2 day for charity once a quarter.
Need to think of how to get kids involved. Allowance donations. Toy donations.
Monthly newsletter video that show case wins. Needs. Donor shout outs.
Need to interview charities. Find out needs. Pick three to help. That way if one stinks We’ll have more to play with.
How long do we help? 6 months?
What is success?
What metrics?
What time commitment do we make?
How much money? What will they do with it?
How do they measure success? Ex: feeding someone is a meal. What about finish literacy? What about battered women? What about fight to cure cancer?
What are parameters?
What size? Ex: is TX food bank too big? Is a one man shop too small?