In 1997, World Bank executives Mari Kuraishi and Dennis Whittle were asked to develop innovative ways to combat poverty. They created the World Bank’s Development Marketplace, a first-of-its-kind event where people from around the world competed for World Bank funds. The event’s success unveiled the enormous potential of a global marketplace for philanthropy, and participants asked for a real marketplace that was open year round and operated virtually. Kuraishi and Whittle saw the brilliance of this idea, left the World Bank and launched GlobalGiving.
For them, GlobalGiving is full of solutions. Solutions run by innovative, grassroots projects and organizations that are working to educate children, feed the hungry, build houses, train women (and men) with job skills, as well as hundreds of other positive things. GlobalGiving is a charity fundraising web site that gives social entrepreneurs and non-profits from anywhere in the world the chance to succeed this by raising the money that they need to improve their communities. Since 2002, GlobalGiving has raised $164,983,509 from 421,857 donors who have supported 11,678 projects.