Eugene Cho

calling on dreamers, visionaries, and investors

Eugene & Minhee Cho, co-founders of One Day's Wages

We recently unveiled our vision for One Day’s Wages – a movement to fight extreme global poverty. We’re still working hard to get the beta version of the website ready by late June/early July and a full launch by September but we still need your help.  This is my invitation for the early Dreamers, Visionaries, & Investors to help launch One Day’s Wages.

Raising funds is not an easy to do especially in light of two things: 1) I hear there’s a global financial recession going on, and 2) It’s not easy investing in something you’re really not sure if it’s going to do what it aspires to do.

And what is ODW’s aspiration?

Inspiring people around the world through human relationships & stories and technology & social media to stir a movement to fight extreme global poverty.

Would you consider being amongst our early Dreamers, Visionaries, and Investors?  Here’s the good news: We’ve already raised $50,519.63 for the Administration Fund and our goal is to raise $150,000.  We’re also receiving donations for the Giving Fund (100% of these funds go towards organizations, causes, and projects and we’ve raised $4,035). If you’re interested or know someone that might be interested, here’s some relevant links for your due diligence:

Additional good news: Until mid-September, people can donate to One Day’s Wages via Amazon Payments with absolutely ZERO surcharges (amazing!). You can also mail your donation.

Yesterday, Seattle Business Journal published this article about One Day’s Wages.  Help us spread the word by tweeting or posting the article on Facebook, or sending our Vision Letter to some of your family & friends that might resonate with ODW’s vision.

Thank for dreaming with us…

[link to article]
A Seattle pastor and blogger is launching a grass-roots, global movement to fight extreme poverty by asking supporters to donate something he says won’t break the budgets: one day’s worth of wages.

The group, One Day’s Wages, was granted status as a nonprofit in May and will unveil a website to accept donations this month. Founded by Eugene Cho and his wife, Min Hee Cho, One Day’s Wages is using social networking tools such as Facebook and Twitter to seek funds. The nonprofit’s mission is not associated with any faith, the Chos said.

The concept is simple: Donate a single workday’s worth of wages — equal to $192 for an income of $50,000 a year — and have donors renew the pledge each year on their birthday.

“My wife and I want to do our part to impact the larger world,” said Eugene Cho, a blogger and Christian pastor at Quest Church in Seattle.

The nonprofit’s Facebook group, called Fight Global Poverty, lists an astounding 803,000 members. The Chos pledged to give $1 for every member of the Facebook group, up to $100,000, and Eugene Cho asked his 2,000 friends on Facebook to consider joining the group. From there word spread rapidly, he said.

“It is pretty stunning to us,” Eugene Cho said of the interest the concept has received.

One Day’s Wages has begun receiving donations but will not make grants until September after screening groups to be eligible to receive the donations, Cho said.

Cho said the idea came to him and his wife three years ago after one of their three children asked about poor children in a television commercial. The question resonated, so Cho and his wife pledged one year of their household income — about $68,000 — to fight poverty. From that, One Day’s Wages was born and the Chos increased their total pledge to $100,000, some of which might go to cover administrative costs for One Day’s Wages.

The group is trying to raise $150,000 to cover the first two years’ administrative costs for the new nonprofit, Cho said. Still, as the recession worsened, the pledge has put the family in a financial bind and they have sold some assets to cover basic needs, Cho said. “It has been a very humbling, painful time as a family.”

The interest on Facebook is providing inspiration, Cho said. “A big part of our vision is this is what we mean by a movement,” he said. “We really are trying to inspire people to be more generous and compassionate.”

Cho said donations will be passed through to established organizations that support clean water, education, health and other strategies for fighting poverty.

“Our desire is not to reinvent the wheel,” Cho said.

Filed under: , , , , , , , ,

5 Responses

  1. Hey Eugene,

    I’ve been following you on Twitter…I can’t make a financial contribution at this time, but if there is any other way I can support ODW please let me know (photography? video/film?). My website is http://www.blueskyhill.com.

  2. Matt Busby says:

    Can’t wait to spread the word! Your faithfulness through this process is what is so inspiring!

  3. randplaty says:

    I’ve been reading about your organization and watched the videos and read the letter and I must confess to you that I still don’t quite understand the purpose of your organization. It seems like you are encouraging and collecting funds to fight global poverty and in turn are then giving the funds to other organizations.

    I don’t mean to be disrespectful or anything but isn’t your organization a type of “middleman?” Why can you publish a list of your recommended NGOs and we can donate directly to the NGOs? That way we save the $150000 in operational costs for your organization and that money can be used directly in the war against extreme poverty. I’m probably just missing something here, but what added value does your organization contribute?

  4. me says:

    @randplaty: if it’s not clear, then we haven’t done a good job communicating our vision. hopefully, it’ll become clearer when we share our website.

    but i would encourage you to donate directly to NGOs you believe in. that would be cool.

  5. Pat says:

    Hmmm.

    Makes sense to me, Eugene. You’ve made everything transparent and that’s what I really appreciate. You’re asking for some investment to build a network to inspire thousands to join the cause. And if I read your letter correctly, you’ve already stated that 100% of all public donations are going to organizations that people choose via One Day’s Wages.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

stuff, connect, info

One Day’s Wages

My Instagram

Do small things with great love. Think simple. Not spectacular. C'mon! We still got it.

#DontCallUsBeautyAndTheBeast
#HowAboutThatMatchingTie
#OldSchoolKPopStars
#19YearsAndGoingStrong Grateful for the life and leadership of Dr. John M. Perkins. There are alot of sprinters in our culture but make sure to also look for those who are persevering in the marathon of justice and reconciliation. When I think of him and others I consider mentors in my life, they're not necessarily flashy or fancy. Rather, I'm reminded that a life faithfully and honestly lived through life's trials and messiness is one's greatest sermon. The best thing a father can do for their kids...is to care well for their mother. It took me awhile to learn this and I'm still learning this. As a leader, I refuse to sacrifice my marriage and kids for the sake of ministry. How can I? Loving my family IS ministry and leadership.

I acknowledge that I'm so privileged with platform, resources, and opportunities - including the opportunity to travel and take vacations like this trip last month. Its not lost on me. I'm so grateful. I want to steward that privilege well - not just for personal or family enjoyment - but also for the sake of others and the building of the Kingdom of God. 
As I pour into others, I'm also learning how important it is to care for oneself; To care for your spouse; To care for your family; To be about the marathon. Preservation not for the sake of self-preservation but for the sake of discipleship and faithfulness.

I used to feel guilty about Sabbath-ing, vacations for my family, being in the outdoors, fishing, and self-care but it's too important  As a lifelong recovering workaholic, I don't want to burn out and I don't want this for others. Flying in and out of Seattle never gets old. One of the most mesmerizing topographies in the country. #windowseat Thank you, Chicago. Put in 10,000 steps. Still one of the best cities to walk.

my tweets

  • Do small things with great love. Think simple. Not spectacular. instagram.com/p/BIWdurPhHxe/ || 5 hours ago
  • "We want to leave with you what God has given us: strength, love, and peace." ~ Sybrina Fulton [mom of Trayvon Martin] #MothersoftheMovement || 8 hours ago
  • May our love for politics never supersede our love for God & Neighbor - including neighbors who don’t share our politics. What a challenge. || 9 hours ago
  • "Changing the world" doesn't require earth shattering feats but rather, doing small things with great love. Think simple, not spectacular. || 15 hours ago
  • It's not too early to thank Michelle Obama. Even in a challenging climate,she embodied strength, civility, kindness. This is leadership,too. || 1 day ago
  • Whatever your political inclination, there was much to appreciate about Michelle Obama's speech. Thank you, FLOTUS. https://t.co/LekmAb9LlX || 1 day ago

JOIN ME ON FACEBOOK

advertisements

Blog Stats

  • 3,406,202 hits
Follow

Get every new post delivered to your Inbox.

Join 1,412 other followers