A new Web site – Mrgoodbucks.com – aims to raise money for college athletics by donating a percentage of online sales to school teams, the Christian Science Monitor reported on June 1.
Customers decide which charity will benefit when they buy goods from some 150 companies at the Web site. While Mrgoodbucks lists a variety of charities, the site hopes to focus on the relatively narrow giving market of college athletics.
The site lists more than 20 athletic groups now, but vice president David Randle expects 200 to 250 schools to be listed by the end of the year.
Five percent of each purchase typically goes to charity. Another five percent goes to mrgoodbucks.
The company estimates that a large school like the University of Florida could earn between $200,000 and $500,000 from the site. A smaller institution like the University of Richmond might receive between $10,000 and $25,000.
Donors at the site are unable to select specific athletics programs within the schools they choose. All funds raised are contributed anonymously.
For full text, go to the Christian Science Monitor.