We all have a drawer, cupboard, garage, attic, or a spare room bursting with useless clutter that has not been used in years.
The latest research shows that most everyone is in the same situation: we are all surrounded by clutter.
The U.S. Department of Energy reports that one out of every four people with two-car garages have so much stuff in there that they cannot park a car. 1 in 11 American households rent a self-storage space and spend over $1,000 a year to store goods they no longer use.
In Britain, on average people cling to £514 ($700) worth of unused goods that lie dormant and gather dust. The UK has amassed more than 2 billion redundant items nationally, which amounts to an average of 32 things per person. This bulk of unused goods has been valued at a staggering £32.7 billion.
It is clear that people are not motivated to get rid of their excess possessions.
Is there anything we can do with all this stuff no one uses?
JumbleFund has come up with an innovative way of helping people get rid of the stuff cluttering people’s homes while helping nonprofits raise funds in the process.
JumbleFund merges traditional crowdfunding site formats (such as (e.g. justgiving.com or gofundme.com), and combines them with a simple online buy and sell marketplace (such as ebay.com, gumtree.com or craigslist.com). This innovative approach to crowdfunding allows anyone to sell and buy items and directly send the money to their chosen charity or friend’s fundraising effort.
Also, JumbleFund makes it easy for people to post items for sale online, as it takes only a few minutes to post an item for sale. Another benefit is the process helps the environment at the same time, as items are getting re-used, fewer items are entering the waste stream.
The buying and selling happen in the same way as on existing online buying sites work. The buyer purchases an item online, and the seller is responsible for sending the item.
The financial transactions directly go to to the charitable cause. The seller does not have to collect the money and then send to the charity, making the process much quicker and easier.
What makes JumbleFund different than other fundraising or crowdfunding platforms
Unlike most traditional donation platforms, nonprofits pay no subscription fees to use JumbleFund. It is an excellent example of a socially aligned enterprise. JumbleFund only gets paid on items sold, taking a maximum of 10% of item sales and 5% for cash donations, with any third party card charges being deducted additionally.
JumbleFund will also help sellers set social media campaigns and connect with potential buyers. When someone purchases an item on JumbleFund, it is also easy to share the news on multiple social platforms (Twitter, Facebook, Instagram), thereby increasing user engagement and reach by up to 5 times that of a traditional donation site.
This approach makes selling items much more efficient than traditional fundraising sites because people are more likely to engage and share in posts socially than traditional classified sites. The charitable objectives of the sale also instill a “feel good factor” of supporting a cause.
An innovative approach to giving for Lent
CEO Tom Hughes, raised Catholic, says, “We believe that JumbleFund works well in close communities that are used to fundraising because the site provides an entirely new source of funds by leveraging technology.
Donors exchange something that they do not use and create value with it for a charitable cause. I can also envision a time like Lent being an excellent time to JumbleFund because Catholics could give up things that they are not using while raising funds in the process. You could even sell a luxury item that you will do without because someone needs that value more than you. For example, a luxury wristwatch could feed someone or put a roof over their head.”
The phrase, “someone needs it more than you” sums up perfectly what JumbleFund is all about.”