Patrick Mayerhofer 🔸
Bio
Participation1
I did my PhD in Health Technology and Data Science in Vancouver and am now looking for opportunities to increase my social impact. I recently graduated from AIM's Founding to Give program, where we aim to increase our impact by building a for-profit company and pledging to donate parts of the exit value.
How others can help me
I co-founded the Good Wallet, the buy me a coffee of charitable givings. Please donate into my Good Wallet and sign up for your own shareable Good Wallet. Let me know if you have any feedback.
https://thegoodwallet.org/support/patmorli
How I can help others
I can reach out for questions about data science, building simple AI algorithms, and optimizing workflows.
Posts 2
Comments14
Thanks Rakefet! I listened to the NotebookLM, super cool haha. I will share this with our users if that's cool with you ;)
And I agree with all your comments. We will be working on adding these features in the app and hopefully also on the landing page soon!
Hopefully we will soon see people sharing their links and QR codes on their pages. If you have any other ideas on how to incentivize people to do so, please reach out to me!
This could be a great use for a GoodWallet API integration!
There are multiple pathways that we can go, once we can't afford the transaction costs anymore. And I am looking forward for that problem to have ;)
We are currently paying standard PayPal transaction fees, but that will soon change when we implement a more cost effective payment processor. Some options for covering the transaction costs would be:
- Allow users to donate a percentage of their payment directly to the GoodWallet and educate/visualize how much would be the minimum to cover fees. That is a common solution of many non for-profits.
- Put the money that temporarily sits in someone's GoodWallet account before being donated into a savings account. This will generate extra cash through interest and could potentially cover fees.
These are just some options, but we will consider options in more detail when we hit that roadblock :)
This is amazing. I believe that it is important to get charity entrepreneurship-like projects going in many places around the world to build the best, most cost-effective charities with talent that is accustomed to local languages, cultures, and so on. I hope many people in the global north will spread the word as financing will be super important to keep this going. It won't be perfect from the start, but if it gets the necessary time, rigour, and financial support, it can become super effective.
Great stuff VerĂłnica!
These are great suggestions! We are currently reviewing opportunities to add more charities and the Rapid Response Fund could be a great way to go and might be interesting for people who like to save some of their funds in the GoodWallet for later donations.
Language considerations are definitely top of our minds!
Thanks for the suggestions VerĂłnica!
Thanks Paul! Twint is one of those apps where a collaboration could be interesting in the future, I agree.
We actually branded ourselves as the Buy Me a Coffee for a bit, but moved in a different direction before we started growing users. We are still interested in getting to know content creators and influencers that might be interested in increasing their positive impact by sharing their GoodWallet profiles. If you know any, please let us now!
Finding a way to allow for tax deductibility is on our radar and we hopefully can tackle that issue soon :)
Hi Johannes! Thanks for the bug report, we are working on resolving that issue! I will reach out personally if I need more info.
And thanks for also underlining the importance of tax efficiency. It is something where we are actively exploring options. Unfortunately, it will take a while until we can find a solution that we can implement. But there are some potential solutions in the works at the moment :)