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Fidelity for Social Impact

Fidelity for Social Impact

Sumbon is a Fidelity-like marketplace for individuals to help manage their charitable giving, and aggregate impact, with a 401K-like portfolio based approach. Cost of fundraising from individuals, who give $258B/yr, is as high as $1/$1 raised. Donors give money to make an impact and most non-profits struggle with communicating the impact, which causes frustration and donors attrition. We improve donor engagement and retention for the non-profits and more importantly expose them to new pool of donors.
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Founder @Sumbon • Worked at @Apple - 8 years, Operations expert, launched series of New Mac Products • Chicago Booth MBA 2007