The fundamental business model of Sparo is to leverage technology for the public good. Our vision is to grow Sparo into a global giving platform that unites the world around charitable giving by making it fun to donate.
Another mission of Sparo is to democratize the world of charitable giving because today the top 10% of non-profits (in the United States) take in 86% of all the dollars.
In short, to the extent that a non-profit organization such as the Tahirih Justice Center (https://www.tahirih.org) or the Urban Alliance (https://theurbanalliance.org) wins the Sparo Sweepstakes and receives a large donation it creates a public good. In the case of the Tahirih Justice Center it means helping more women who are abused and in the case of the Urban Alliance, it means more scholarships for disadvantaged youth in cities like Baltimore, Chicago, and Washington, DC. Ultimately, our goal is to send such a large donation to the winner of the sweepstakes so as to allow that non-profit to use it as an endowment.
The US Patent Office has issued two patents to Sparo. Our platform is currently in its soft launch phase.