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When he -- more about this Albert Al the Angel from Miami he's the CEO give -- know about this very subject.
Ballclub people donating -- -- and how the first of all welcome to the show and second of all this is almost 88 an experiment in socialism so to speak.
If we look at he's saying wait a minute this is a whole new realm that were -- were into -- that we're going to be into.
From now -- so much easier for people to help by using tax.
It definitely is a seismic change I wouldn't quote socialism -- more quality grassroots OK that's fine in poor choice of words on my part I appreciate the correction -- outlet for.
But it is very -- in the fact that even his.
As you know a short time adult Katrina we're talking about 2005.
Here with Katrina.
In four and a half years it's become so much more of an important part of our daily lives and makes it that much easier doesn't.
It sure -- and there's been some big changes in between so you want to cover those let me now.
I do want to cut -- epithets.
That's where we'll start where we've gone from 45 years ago.
Did today and where will would be Canadian for five years from now that makes this such a huge part of of our charitable lot.
Yeah let me let me share progression with you with regard to mobile giving in particular.
I think everyone already knows what the back of their hand that.
Smartphones are proliferating.
The younger generation likes -- better than boys -- a lot of instances so there's definitely a new market address here.
But what a lot of people don't particularly understand.
Is the status of mobile giving and how it works with the carriers and Howell charities are benefited.
The thing I want to highlight for you is that in 2004.
When we have the tsunami.
That was a unique special effort that involved a couple of carriers that result -- 200000 dollars being raised for.
Tsunami victims in 2005 the same thing was replicated in the context.
But there are only 400000 was raised.
There was at that point no program.
Instituted by the carriers.
Sitting down guidelines that consumers could understand and follow and that could.
Result in a predictable outcome for both consumers carriers and charities.
The mobile giving foundation came into that void created -- framework and the remarkable information is that the carriers.
A 100% of donations that they get directly to the mobile giving foundation.
Without imposing any kind of transaction fee on the billing and collections.
And that's going to think about a lot of people who give online are worried you know is my money actually going to get to where I want it to go on and that there be some cost in in.
Transferring these donations to the charities are -- than eating up those -- and -- -- part of their donation well.
Yeah let let's let's focus on two things the carriers are doing their part to bill and collect and for those very same transactions that might be.
What are called a premium transaction they might have in the past charge thirty to 50%.
For billing and collection in the context of the mobile giving Foundation's program.
They don't charge any -- companies.
That provide services like.
Setting aside a short code providing management of that short code.
Are entitled to a -- but it's a little bit like the argument with regard to credit card fees -- the phone bill and the people that make things happen.
What's the right amount and what's the right amount in the context of -- in an emergency and a disaster like the one we're seeing him.
What does the mobile giving foundation.
It gets in this -- it's -- I guess people want to know.
When he goes through all the different channels how much of that ten dollars actually gets on the ground in -- I think it's probably fair to say that it's somewhere in the vicinity of nine -- to a 100% depending on whether or not.
The companies that are involved are donating back whatever profit.
Expectation that they had the mobile giving foundation is a young organization.
And they're essentially taking very.
Didn't in in this fees Justin torrent of administering the entire program.
In every different -- -- allowing -- saying that PNC's.
Going online to get information about there consumers and customers.
Obviously when people start donating to charities via their phones as a great way for it these companies -- -- -- access for them to get information on.
And who's donating how to how does this organization use that information.
And if it -- to sort of bring together people of -- equally minded you know charitable.
Good of -- ambitions -- and you know what other disasters -- you can easily and more quickly mobilized.
Yeah I think -- -- got to find a new way of giving in the United States that is mobile giving.
And this particular event really brings forward the notion that when there is a tragedy.
People's ability to react to it immediately.
Is Paramount and the carriers are stepping up.
Not charging any fees and as you indicated just before I was on the program Verizon.
Among other carriers has said that they're going to pay those -- forward based on the expectation of receivables.
Charities such as the LA Haiti that are on the ground needing to.
Bring supplies to people like water which is desperate need right now aren't able to do so.
-- what do you make of reports late last week Huffington Post some other places that -- Haiti Wyclef Jean's.
The -- foundation.
-- was not.
Funneling all the funds to the folks in Haiti I mean I know people really want to.
Get clarification on that story and others to make sure that when they donate that money goes and ends up in the right hands.
Yeah I think I want your friend who has a couple stories that focused on.
One the path accounting practices of the -- foundation which is young organization.
And two whether or not the LA Haiti foundation would be the oral presentation that would be.
Ideally suited to handle an emergency such as that in Haiti.
And first -- with regard to the allegations.
That pertains to whether there was mishandling of funds.
That's a retrospective look.
I don't know whether or not that.
Really reflects on what will happen in the future.
With regard to the ability of -- -- -- to make a difference it already has made a difference -- made a big difference and the issue is.
One size doesn't fit all.
Some people gonna feel comfortable donating to the American Red Cross.
Which is recognized for over century it bringing one expert trees that there.
-- they Haiti brings a different expertise to bear.
Haiti is a rough place there's been corruption there on the ground for a Long Island Wyclef Sean is revered by his people -- and Haitian American.
And he was essentially.
Focusing on Haiti before there was a disaster -- so you know calls from his organization from my company.
Focus on relief.
They're focusing on getting water the people today.
Wycliffe -- what's in Haiti hours after the faster and he was taking friends out of the rubble and some of his friends were killed.
And you know he had blood on issues and so I think to raise questions as to whether or not -- accounting.
It's up to snuff.
Really distracts the audience from what's really going on.
Thank you loudly we appreciate your your insight on that and everything give on the go is the website that he did -- -- got to give on the go dot com thanks doubting you.
My pleasure all right so -- a very difficult situation obviously what's going on in.
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