Social Capital Announces Fall “Party with a Purpose” in Support of Three Minneapolis Non-profits

Nov. 8, 2011 - PRLog -- Minneapolis—Social Capital is pleased to announce that it will hold its upcoming charitable event on Saturday, November 19 from 9:00 p.m. until 2:00 a.m. at Urban Eatery in the Uptown district of Minneapolis. Keeping with the model it has established, Social Capital will support three local non-profit organizations through this event. These organizations are Avenues for Homeless Youth, Hope for the City and The Jeremiah Program.

The November event marks the first Social Capital fundraising event in over a year and is an exciting undertaking for the group.  

“The November event is going to be a fabulous time for people to get their friends together to come support three unbelievable charities from right here in the Twin Cities,” said Emily Shannon, a member of the Social Capital board. “Doing good has never been this much fun.”

This Social Capital event raises money just like the preceding events—through a democratic allocation process. In short, Social Capital lets attendees decide where they want their money to go. Attendees can learn about each charity while at the event and can donate as little or as much as they like. This method has proven successful in the past—attracting hundreds of people and raising thousands of dollars in a single night.

This model was born from the idea that there needed to be a way for people to get involved in philanthropy in a simple, fun and affordable way.

“We created a group of people who believe that philanthropy should be inclusive and accessible to anyone,” said Tomás Gutiérrez, managing director of Social Capital and a founding member. “We believe social networks have power and that gatherings can create change. That’s the foundation that we structure all of our events upon.”

Those interested in learning more about the upcoming event on November 19 are encouraged to visit iamsocialcapital.org or facebook.com/iamsocialcapital for additional information.

About Social Capital
Founded in 2009, Social Capital began as a simple idea:

1.) Get friends, families and communities together
2.) Organize events that raise awareness and act as fundraisers for multiple philanthropic causes
3.) Have a good time while doing something good for the community

Social Capital believes there is strength in numbers. Based on this belief, we've formed a collaborative—a group of folks who believe that giving back to our community is valuable, and that it can be done easily, given the right opportunities. By hosting events with the intent to raise funds for those in need, Social Capital assists organizations that work to make change in our communities. A fun night on the town turns into good karma as we pool our resources and party with a purpose. In the end, everyone wins. Check us out at http://iamsocialcapital.org to find out how you can help us foster some philanthropy.

About Avenues For Homeless Youth
On any night in Minnesota, 2,500 youth and young adults are homeless and on their own. Avenues for Homeless Youth provides emergency shelter, short-term housing and supportive services for homeless youth in a safe and nurturing environment. For more information visit http://www.avenuesforyouth.org.

About Hope For the City
Hope for the City is a Minnesota-based, non-profit organization with a mission to improve lives by distributing corporate surplus to organizations who serve those in need next door and around the world. We partner with organizations to fight poverty, hunger, and disease in Minnesota and around the world. For more information visit http://www.hopeforthecity.net.

About The Jeremiah Program
The Jeremiah Program helps highly motivated women break the cycle of poverty by combining a structured environment with high expectations for education and employment, and the guidance to help them succeed. Through Jeremiah Program, women realize their potential and change their lives to create a better future for themselves and their children. For more information visit http://www.jeremiahprogram.org.

Interviews, color art and additional press materials are available upon request.

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Social Capital is a Minneapolis-based group that believes philanthropy should be fun and accessible to all.