Dwolla, the web-based payments platform, and Crowdtilt, the web-based crowdfunding platform, are formalizing Reddit’s capacity to tap into the power of the Internet as a force for good with today’s introduction ofreddit Donate and reddit.Crowdtilt.com. To be clear, neither of these are official reddit products, but were built in conjunction with reddit for use by its community leaders – or in reddit lingo, “subreddit moderators.”
Dwolla’s service makes it easy for them to embed buttons on their page’s (their subreddit’s) sidebar to raise money for a given charity, while CrowdTilt offers both official and more informal fundraising opportunities.
Already, there are several causes which reddit users can support via the new Dwolla-powered buttons, including Doctors without Boarders, DonorsChoose.org, Charity: Water, FCancer, Girls Who Code, and more. The Dwolla option was also built using technology from Stripe, the maker of a payments system for developers. With reddit Donate, the focus is more on non-profit fundraising, as you can tell by the line-up of supported charities. Specifically, the groups which reddit Donate supports are limited to those with 501(c)(3) status. (More details on the requirements are on reddit’s own blog.)