Philanthropy Tech in 2022 One of the main reasons why philanthropy will be driven by technology in the next few years is that it will allow organizations to make more informed decisions regarding giving.
Funding Networks With the help of data and online platforms, philanthropy can move the dial forward and see the complete picture of its work. This will allow it to make more informed decisions and improve the efficiency of its operations.
Centralized Platforms With the help of centralized platforms, philanthropy can keep its beneficiaries and donors up-to-date with its programs’ progress. The rise of technologies will allow various stakeholders in the community, to instantly share information about their organizations’ work.
Lean Philanthropy The end of the traditional process of reviewing foundation grant applications will be in sight in 2022. Instead of going through hundreds of interviews and checking thousands of documents, applicants can easily find a grant through a single online platform.
Online Accountability Online accountability will require all donors to be more transparent about their giving. This will allow the public to track the grants they have made.
Cryptocurrency Due to the immense potential of cryptocurrency donations, more charities will realize the benefits of this kind of giving. In addition to avoiding capital gains, cryptocurrency donations can also give them tax advantages.
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