In honor of Memorial Day, craigslist founder Craig Newmark and The Rahr Foundation have launched the “Veterans Charity Challenge” crowdfunding campaign to raise funds for nonprofit organizations benefiting veterans and their military families. The Challenge will run from May 23 at 12 p.m. EDT through July 3 at 12 p.m. EDT on Edward Norton ‘s CrowdRise and will award $100,000 in donation prizes.
Using the CrowdRise platform, fundraising teams participating in the Veterans Charity Challenge will raise and keep funds, plus compete with each other to win additional cash prizes based on how much they raise for their charity. The nonprofit that raises the most money by the end of the Challenge will receive a $35,000 donation from Craig Newmark and The Rahr Foundation on behalf of the Veterans Charity Challenge. Second place will receive a $25,000 donation. Third place will receive a $15,000 donation. An additional $25,000 will be given to charities throughout the campaign in Bonus Challenges.
“I think if someone’s willing to serve and even risk his or her life for me, I should give back,” said Craig Newmark , founder of craigslist and craigconnects. “And it’s not only those who serve, it’s also family members who give up a lot for all of us.”
“It couldn’t be cooler that all these organizations are raising money for their causes in such a modern way and embracing crowd-funding,” said Robert Wolfe of CrowdRise. “We’re so excited that Craig and The Rahr Foundation are digging in to help our veterans and the organizations that serve them.”
The Challenge begins on May 23 at 12 p.m. EDT and ends on July 3 at 12 p.m. EDT. Any nonprofit organization benefiting veterans and their military families can join the 44 confirmed nonprofits participating in the Challenge.
CrowdRise has hosted other challenges supporting various organizations, including the Mozilla Firefox Challenge, which raised over $1 million for more than 100 charities. And a few weeks ago, the JobRaising Challenge, sponsored by The Huffington Post and The Skoll Foundation, raised over $1.2 million for job creation charities.
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