More than one million public charities in the U.S. are trying to address society’s most complex problems using inadequate and out-of-date technologies. Often, an individual charity will invest in a technology solution for their own organization. Unfortunately, this perpetuates a fragmented ecosystem as each organization focuses on delivering value without figuring out how to address issues at a systemic level. A related issue that public charities face is the risk of cyberattacks, a serious and growing problem for which nonprofit organizations typically have little to no budget to address.
Panorama created the Tech for Social Impact Fund to provide funding for innovation to serve the public interest by addressing such technology issues. The goal of the Tech for Social Impact Fund is to unleash capital for innovative solutions that leverage technology to enable social impact organizations to deliver on their mission. By pooling resources into the Fund, we can find economies of scale and create systemic technology solutions to support organizations working toward social impact goals.
Panorama’s newest philanthropic fund, the Tech for Social Impact Fund was launched in fall 2019. The Fund creates specific windows to achieve impact, with an initial focus on improved technology infrastructure for organizations that help survivors of child abuse and sexual assault. Through the Fund, Panorama is exploring possibilities to support organizations addressing the following problems:
At this early stage of the Fund, we are grateful for the contributions already received from individual donors and private companies to support organizations providing assistance to survivors of child abuse and sexual assault.
AT A GLANCE
Sexual assault survivors{.callout} may need to call hospitals in their area to see if care after a rape is available.
> 700,000
child abuse cases in the US annually