What is KarmaGoat?
KarmaGoat was inspired by the popular saying: "One man's trash is another man's treasure." Indeed, we all own tons of stuff we no longer use but that someone else might love.
KarmaGoat is a social enterprise that transforms unwanted stuff into much needed cash for charity by:
- Seeking donations of used smartphones, iPods, and other high-value second hand electronics
- Selling these items through our website and other channels
- Sending 80% of the proceeds to one of our partner 501(c)(3) organizations
How does it work?
KarmaGoat works with charities, companies and individuals:
- We help charities create a new stream of income by seeking in-kind donations from supporters
- We work with companies and the charities they support by
- Seeking corporate donations of old IT equipment
- Organizing KarmaGoat fundraising drives for employees to collect second-hand electronics
- We seek donations of personal electronics from individuals and let donors choose any 501(c)(3) as the beneficiary
Why the name KarmaGoat?
Karma is all about transformation. KarmaGoat's mission is to transform unwanted yet valuable stuff into... goats! Did you know you can buy goats to help families abroad? It's such a cool gift we picked the goat as the symbol of all the good we can accomplish by transforming our unwanted stuff into money for great causes.
Wait, people really need goats?
The gift of a goat can help a family in the developing world lift themselves out of extreme poverty: one dairy goat can supply up to several quarts of nutritious milk a day - a ton of milk a year – that can be sold to transform poor families into micro-entrepreneurs with the means to survive.
The KarmaGoat team actually met a woman from Uganda, Beatrice Biira, who was brought out of extreme poverty by the gift of a goat. She sold the goat's milk to pay for her education and went on to a brilliant academic career that took her all the way to the Clinton Global Institute and her current position as Outreach Coordinator with New York-based nonprofit Millennium Promise.
