What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
The premise of the program is simple—we treat nonprofit startups almost exactly like for-profits. Nonprofits get $100k of funding and go through the standard Y Combinator program, participating side by side with for-profits. We help the founders focus on relentlessly growing a key metric and on making something people want.
Many people have asked us: how do you choose nonprofits to fund?
We consider four key factors:
- Team
- Big problem + big solution
- Provable or promising program
- Y Combinator fit
Lastly, culturally we believe the best nonprofits will be transparent, and that this transparency will speed up innovation across organizations.
Read the full article by Robby Walker on Y Combinator