The Seattle Foundation's GiveBIG challenge raises $3.5 million in 17 hours
While the final tallies won't be available on Tuesday, June 28, the Seattle Foundation's one-day GiveBIG challenge is already being called the biggest single day of charitable giving in King County history.
More than 18,800 donations were made in 17 hours on June 23, totaling more than $3.5 million to go towards local nonprofits.
A “stretch pool” of an additional $500,000 was provided by GiveBIG partners, bringing the total amount raised to more than $4 million. The stretch pool will be distributed among all of the approximately 900 nonprofits that received donations during GiveBIG. Each nonprofit will receive a portion of the stretch pool according to the percentage it received of the total amount of GiveBIG donations.
“GiveBIG proved that King County residents are both generous and dedicated to improving their communities,” said Norman Rice, president and CEO of the Seattle Foundation, in a press release. “This event represents the democratization of philanthropy, in which everyone can make a difference in the world around them.”