I hope that while this entry topic might not be as alluring as your top search engine topics like Britney Spears and Barack Obama, you’ll take a few minutes to read up the progress of our global poverty organization. This has been one of the most humbling seasons of our life. When we went public with our vision to give our year’s salary to start this poverty initiative, we had absolutely no idea about what was in store with the financial crisis and meltdown. Our convictions have been tested but each time we think about how “bad” we have it, we’re reminded of the grave situation for the poorest of the poor – those affected by “extreme global poverty.”
Here’s 5 Updates on our Progress:
- FACEBOOK. On Friday, December 5, our Facebook Group – which can be accessed at http://fightglobalpoverty.com – surpassed 200,000 members. It’s pretty amazing considering we started the group on May 15, 2008. While there are no guarantees if folks will ultimately support our organization, it confirms our aspiration for our initiative in helping change the world:
Human Relationships + Technology + [Vision] = Movement
- IRS. Early last week, we received word that the Internal Revenue Services is now finally processing our application. As we suspected [and was notified by the IRS], it has taken six months for them to get to our application and we hope to soon receive good news of our official 501(c)(3) issuance. However, we’ve also confirmed that all donations are tax-deductible [retroactive] once we receive our 501(c)(3) so we’ll go ahead and deposit some of our donations next week. So, your donations are tax-deductible.
- THE HOUSE.We’re currently renting to own our current home. To help make our year pledge, we have placed our ‘rental home’ on the market. Unfortunately, it’s been sitting on the market for about five months in this current horrible housing debacle. Because we’ve had our renters move out in the Fall with hopes of having a clean and staged home to lure buyers, we’re current mired in some financial stress. It’ll all be ok. While we’re still praying for a buyer of the home, we now need to try to find renters to avoid further trouble. We hope to rent out for about 6-9 months or when the housing market improves but are still committed to selling the sucker to help fund the organization.
- VOLUNTEERS.Our one part-time staffperson needed to get a full-time job since we were not in a position to offer employment. Another person, a lawyer, has been donating a few hours/week to help us with all of our paperwork. It’s possible that we’ll need to hire a part-time administrator in the upcoming year while still doing our part to conserve our limited funds.
- DONATIONS. With a few letters we’ve sent out and through this blog, we’ve raised over $42,000 in checks and pledges. While some have expressed the possible inability to honor their pledges [in light of the financial crisis or unemployment], we’re still very thankful for the women and men that have chosen to support us. If you’re interested in receiving our Vision & Support letter, you can send me an email at email@example.com.
How You Can Help?
- Join our Facebook Group and invite as many people as possible. We’ve started this group to raise awareness and mobilize people when we launch the group. Please share the group on your status, posted items, etc.
- Please keep us in prayer. It’s been a tough and humbling time. Several weeks ago, Minhee and I were feeling pretty down but we know it’s going to work out but I needed to get over things not working out the way I wanted. What’s new? Specifically, keep the 501(c)(3) process and the home rental/sale in prayer. Here’s our Craigslist Ad for the rental if you know someone looking for a home.
- Consider making a donation. I have no qualms inviting and challenging people to join us. We’ve pledged our year’s salary – $68K in 2009 – and additional funds over the next few years to total $100K. And we invite you to join us in seeding this vision. We’re hoping to raise an additional $100,000 and we’re about 42% there. The vision letter will explain why we believe it has the capacity to make an impact. You can also make secure online donation here:
photo: from Flickr photographer