Kickstarter is a web site which "crowdsources" funding for creative projects. This is called "crowdfunding". In my opinion is is an important part of a creative explosion made possible by the world wide web. If someone wants to write a book, they can run a Kickstarter to fund printing it, before they spend the time writing it. They could promise people who give $20 a copy of the book, and promise people who give $40 an autographed copy of the book, and allow people who give $200 to name a minor character in the book. That sort of thing. It opens up whole new areas of creativity, by lowering the financial risk to creative people.
You can go to kickstarter.com and search for "diabetes" to see projects which have something to do with diabetes. Kickstarter is not the only site that does this kind of crowdfunding. Gofundme.com and indiegogo.com are similar.
Kickstarting Type-1 Diabetes Research
This blog entry is about The Diabetes Research Connection: https://www.thediabetesresearchconnection.org/
This web site is trying to take the ideas which worked so well for Kickstarter, and apply them to funding of type-1 diabetes research projects. They've got six projects on their web site right now, so you can see how it works. Of the six projects, one is fully funded, and one other is a sort of "internal project" to fund the web site itself. The other projects are in process. Projects must be completed in a year, and are limited to $60,000, so I doubt these guys are going to fund any human trials. However, all research needs to start somewhere.
Discussion and Opinion
There is no doubt in my mind, that the reason some people don't like giving money to large, impersonal organizations (like JDRF) is that they don't have any connection to where the money ends up. If I give $1000 to JDRF, they end up giving that money to 300 different research projects. I can read about the highlights of JDRF funding in general, but I don't feel a personal connection to any of it. That really bothers some people. (I'm just using JDRF as an example here, most large charities work this way. Discussion of "earmarking" is below.)
This system is very much the opposite. I know exactly where my $1000 goes, and get updates from the researcher, and see exactly what gets published and so on. When I donate, I automatically become part of a community of people who care about that specific research project; there is a social aspect to it.
There is also a "middle of the road" option. For many charities, including JDRF, you can gain that personal connection by "earmarking" your donation to a specific research project or specific research area, but that requires a little extra work, and does not have the social aspects that The Diabetes Connection has. The Diabetes Connection has forums for each specific research project; JDRF has fewer opportunities for interaction, and they are for the charity as a whole, not specific research projects.
I certainly am not going to argue that one system is better than another; for one thing, I think different people will be attracted to different systems. I like the idea of different models of charitable giving completing with each other to see which works best, and also available for different people who like different ways of donating money.
But it is also important to remember the risks. The Diabetes Research Connection has not yet been reviewed by CharityNavigator.org, and doesn't have a track record to evaluate (either from a research point of view or a financial point of view). Finally, the whole idea of pushing funding decisions down to the individual contributor has some large risks. Charity organizations, especially the larger well established ones, have resources and processes to evaluate research proposals. Individual contributors rarely do.
I want to thank Brian Braxton for first bringing this to my attention.
Joshua Levy
http://cureresearch4type1diabetes.blogspot.com
publicjoshualevy at gmail dot com
All the views expressed here are those of Joshua Levy, and nothing here is official JDRF or JDCA news, views, policies or opinions. My daughter has type-1 diabetes and participates in clinical trials, which might be discussed here. My blog contains a more complete non-conflict of interest statement. Thanks to everyone who helps with the blog.
2 comments:
In my opinion is is an important part of a creative explosion made possible by the world wide web. I am also become part of a community of people who care about that specific
Diabetes studies Trials Walnut Creek
Very well written and informative article, thank you :-)
TOSHIBA PLT-805AT
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