Providing better support to social, environmental, and educational causes while creating a new generation of altruistic individuals ready to pay it forward.
At CandidWorks, it is our mission to inspire action for those who are passionate about social and environmental improvement while reducing national student loan debt at the same time. To accomplish this, we’ve created an innovative new platform that enables benefactors to connect with likeminded individuals who care about providing service to social or environmental cause through volunteer action. For volunteers, this means the financial freedom to break away from student loan debt and contribute more time back into the community, all while gaining real world experience in the social and environmental sectors that matter most. For benefactors, this means making your donations go twice as far by helping support both an individual’s education and the causes you care about, all while creating a new generation of philanthropic individuals ready to pay it forward. In essence, doubling the altruistic value of the American dollar by helping the same charitable causes we care about, while reducing national student loan debt at the same time!
HOW IT Works
Increasing the impact of your contributions while making the world a better place.
Using CandidWorks is a simple, effective way for students, graduates, and benefactors to give back to their communities, all while becoming more directly involved in the causes they care about at a fraction of the cost of the traditional charity. By creating a profile, students and graduates can post their skills, background, and interest in volunteering, and run campaigns through CandidWorks and social media to crowd-source funding for their student debt. In addition, volunteer organizers can create profiles that inform others of their areas of need, and better source skilled, empathetic support through the volunteerism of students and graduates.
Doubling the value of your dollar while putting more of your contributions into action.
Enhancing the social and environmental impact of your dollar is of the highest value at CandidWorks. By operating at only 5% overhead, CandidWorks is able to reduce the average overhead of the traditional charity model by 31.9%. Lower overhead means more of your contributions get put into action, all while going twice the distance to support both an individual’s education, and the causes you care about at the same time!
In addition to doubling the distance of your contributions, CandidWorks provides greater control, and transparency in how your contributions are spent. That’s why we created a simple, easy to use system that allows users to create campaigns for social good, and validate their work by ‘checking-in’ with photo or video updates whenever they begin and end honoring their pledge. This enables benefactors to see evidence of the impact made by their contributions as the volunteers provide photo and video updates along the way, and build a lasting bond with those they support.
Getting boots on the ground and engaging the community in matters you care about.
For volunteer organizers, getting boots on the ground is often a daunting task. Creating an account with CandidWorks and demonstrating your areas of need can be a great way to generate awareness and volunteer support for the projects you organize, all while contributing to the continued learning and real world experience of others in the sectors you support. To learn more about how this works, please email firstname.lastname@example.org or view our Pilot TOS statement online.
There's no magic number that can define the value on what you give, but we created a brief outline of what could be accomplished with only minimal contributions.
Contributions are currently made on a P2P level, but, to create a starting point for benefactors and volunteers to assess what may be a reasonable ask we combined several combined several aspects of the current charity model to create a 'Suggested Contribution Value' that may best benefit all involved parties if selected for use. To do this, we started by combining the IRS’s value of one hour of volunteer time [currently assessed at $25.43 per hour], with the average 36.9% of contributions that are lost to overhead through the traditional Charity model and arrived at a Suggested Contribution Value of $34.81 per hour. By utilizing a 5% overhead model for operational costs, this value could enable those with existing student loan debt to reduce their average monthly payment of $280 to only $15.42 by providing 2 hours of service to a charitable cause each week – or a total of 8 hours each month – all while reducing the overhead costs of the traditional charity model by 31.9%. In addition, by contributing 2 hours of volunteer service each week over the average 4-years spent in the higher education, this would not only alleviate 33% of their educational expenses incurred before graduation, but also reduce the duration of their loan repayment by 9 years without any additional out-of-pocket funding through the reduction interest accrued through the course of their loan deferment.
Become a partner in supporting the social, environmental, and educational causes you care about.
As a start-up focused on social impact, we are constantly looking to connect with any and all entities who are interested in our social, environmental, and educational improvement. If you are part of a charity / non-profit that could use support - a commercial venture looking to give back and support the community while supporting education – or even have a bright new idea for service, contact CandidWorks at CandideWorks@gmail.com! We look forward to hearing from you, and, as always – wish you and all those you impact the best in all your endeavors!