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THE DOLLAR INITIATIVE
The economy affects EVERYONE, and it’s time for us as citizens of the United States to take
action TODAY.
Our mission is to help bridge the financial gap and burden that has been created by social
distancing.
Tons of small businesses are closing and letting go of their employees. These business
owners and employees are our friends, family, colleagues, and the rest of our tribe!
Small businesses make up 99.9% of businesses in America, and they employ 47.3% of
Americans! If most of these businesses start to close, it could have a devastating effect on our
economy and it will affect us ALL. Even large corporations will be affected because smaller
businesses are their customers!
COVID-19 has heavily impacted all of us. These are hard times financially for many of us, but
together we can make a huge difference. It’s time for us to pivot from reaction to action and
take back control.
Even if the federal government sends us checks, there are still small brick and mortar
businesses that will suffer as people avoid public places, such as book stores, restaurants,
coffee shops, movie theaters, daycares, and COUNTLESS others.
We are calling upon individuals and large corporations to join the movement today and start
donating to local small businesses! Every dollar counts.
Sean Patrick O’Grady and Katie Kent O’Grady
Please contact us at thedollarinitiative@gmail.com
3/20/2020
Page 2 of 15
The Dollar Initiative High-Level View
(Details for implementation on next page)
Small Businesses
have increased
cash reserves to
weather the
storm and retain
employees
Individuals
donate
money to
small
businesses
Large
corporations
donate to
small
businesses
through a non-
profit
Page 3 of 15
THIS IS OUR PROPOSED SOLUTION
SQUARE INC + SCORE.ORG + INDIVIDUALS + LARGE DONORS = #TheDollarInitiative to Help Save Small Businesses
Behind the Scenes
1) SQUARE INC creates a donations module for the CASH APP
a. Develops a small business registration form for donations
b. Develops a search function for individuals to find small businesses they want to support
c. Develops a “send donation function”
2) SCORE.ORG becomes the non-profit partner and tax incentive vehicle
3) SCORE.ORG establishes an escrow account to hold large corporate and individual donations
4) SQUARE INC executes an integration to the escrow account for the donation match
3) Everyone recruits corporate partners and donation commitments for the cause
4) SCORE.ORG deposits the donations into the escrow account and provides tax deductions
Small Businesses
1) Register your business with SQUARE INC
2) Tell your community you need help and share your story
3) Continue providing the best products and services you can
Community
1) Download the CASH App (if you don’t have already it)
2) Search for the businesses you want to support
3) Send your donation
4) Matching donation will be deposited via Square + Escrow on behalf of the donors
5) Share your donation with your friends to gather more support
~Rinse and Repeat~
Page 4 of 15
-
-
-
-
-
-
-
-
-
-
SQUARE
INC.SCORE.ORG
ESCROW
ACCOUNT
Microsoft
Apple
Salesforce
Tesla
Bank of
America
Berkshire
Hathaway
Amazon
EVERY OTHER CORPORATION THAT WANTS TO
HELP
TAX
DEDUCTIBLE
DONATIONS
TAX
DEDUCTIBLE
DONATIONS
Small business
Registration Form
- Triple Verification
- EIN Number
- Business
Address
- Email Address
John Smith
Searches for businesses
DONATE $1.00 to
TASTY DONUTS
Of MAIN STREET
Search Results =
“Tasty Donuts of
Main Street”
CASH
APP
(or Desktop)
Tasty Donuts of
Main Street
(small business)
$1.00 Donation
from John Smith
API CONNECTION FOR TRANSACTION
DETAILS TO ESCROW BANK ACCOUNT.
$1.00 Matched donation from
Corporate Partners via Score.org’s
escrow account and CASH APP
payments
$2.00 to
Help Tasty Donuts
CORPORATE PARTNERS AND
NON-PROFIT INCENTIVE VEHICLE
AVAILABLE PAYMENT
INFRASTRUCTURE
Individuals
The ultimate goal
would be for the ratio
to be much greater
than 1:1
Page 5 of 15
ACTION STEPS
SQUARE SCORE.ORG Corporate
Partners
SMALL BUSINESSES
1. Build the Small Business Registration form
for any small business that NEEDS help
a. Validate the registration based on:
i. EIN
ii. Business Address
iii. Business Email
2. Integrate these businesses into SQ/ CASH
APP
3. Make a search function for users to find
businesses
4. Deploy the “Donation” Action in CASH APP
a. **Waive any Fees**
5. Work with the Bank’s API to facilitate the
matching donation from the escrow account
via the payment infrastructure.
SPREAD THE WORD: RECRUIT CORPORATE
PARTNERS, USERS, SMALL BUSINESSES
#THEDOLLARINITIATIVE
1. Create an Escrow Account
for the Corporate Partners
Donations
2. Provide the Tax Deductions
for their donations and
associated records
3. Engage your Community
SPREAD THE WORD: RECRUIT
CORPORATE PARTNERS, USERS,
SMALL BUSINESSES
#THEDOLLARINITIATIVE
1. What amount can
you commit?
2. Engage your
Community
SPREAD THE WORD:
RECRUIT OTHER
CORPORATE PARTNERS,
USERS, SMALL
BUSINESSES
#THEDOLLARINITIATIVE
1. Register your company
2. Engage your customers for
donations and support
3. Share your story
SPREAD THE WORD: RECRUIT
CORPORATE PARTNERS, USERS,
SMALL BUSINESSES
#THEDOLLARINITIATIVE
Page 6 of 15
We Have To Keep The American Dream And Our Communities Alive
So many people have worked SO hard to start their business. Even businesses with high cash
reserves are eventually going to run out.
We keep seeing so many stories about businesses laying off most of their employees, businesses
forced to close, or that the future looks bleak.
Imagine the Ghost Town that your community could turn into as business after business closes
and the unemployment rates skyrocket.
These are our friends, family members, and neighbors. The hardships caused by COVID-19 affect
us ALL.
We Must Take Action TODAY Before The Devastation To Our Communities
Worsens:
• RESTAURANTS
• CAFES
• BARS
• MUSIC VENUES
• MOVIE THEATERS
• BOOK STORES
• CRAFT SHOPS
• DAYCARES
• BOUTIQUE CLOTHING STORES
• BAKERIES
• FURNITURE STORES
• ART SHOPS
• DONUT SHOPS
• ICE CREAM SHOPS
• SALONS AND BARBER SHOPS
• AND MANY MORE!
Page 7 of 15
Examples Of The Heartbreaking Devastation Being Caused
original article: https://www.eater.com/2020/3/17/21184114/restaurants-shutter-economic-impact-aid
WE MUST TAKE ACTION NOW!!
Page 8 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://www.theguardian.com/world/2020/mar/19/hairdressers-salons-new-york-coronavirus-impact
WE MUST TAKE ACTION NOW!
Page 9 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://www.latimes.com/entertainment-arts/books/story/2020-03-18/powells-portlands-beloved-indie-bookstore-lays-off-most-workers
WE MUST TAKE ACTION NOW!
Page 10 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://variety.com/2020/music/news/zac-brown-scooter-braun-video-crew-layoffs-coronavirus-1203539105/
WE MUST TAKE ACTION NOW!
Page 11 of 15
SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF
original article: https://www.star-telegram.com/sports/college/article241345801.html
WE MUST TAKE ACTION NOW!
Page 12 of 15
WHY THIS SOLUTION WILL WORK
1.You can easily practice social distancing and send donations to some of your small local businesses
from your couch.
2.These individual donations would be vital to small businesses, and serve as the catalyst for larger
corporations to donate.
3. There are 329 million people in the United States. If everyone can commit something to a local
business in need, it can make a huge difference!
4. Large corporations and wealthy individuals can contribute for every donation. These donations will be
tax deductible, and is an investment into customers.
5. If we don’t take action, unemployment could rise to 20% or higher.
Page 13 of 15
SQUARE INC-
Your current platform has 90%-95% of the functionality already developed. You would also
need functionality for:
-BUSINESS DONATION REGISTRATION
- SEARCHING FOR BUSINESSES
- THE DONATIONS /TRANSACTIONS
- THE API INTEGRATION INTO AN ESCROW ACCOUNT
- AND SOME REPORTING.
Source: https://squareup.com/us/en/about
Page 14 of 15
SCORE.ORG
Your non-profit 501c3 status is vital for large corporations to donate to
small businesses. You are the perfect partner because you have been
helping small businesses for 50 years.
Source: https://www.score.org/content/mission-vision-and-values
Page 15 of 15
CORPORATE PARTNERS
Here are some great examples of corporations that are supported by small
businesses. We may have forgotten some, but EVERYONE is welcome!
Your Help Will Be Vital To Our Success As Americans
• MICROSOFT
• INTUIT
• GOOGLE
• FACEBOOK
• AMAZON
• BANK OF
AMERICA (all
banks)
• COKE
• PEPSI
• SYSCO FOODS
• FEDEX
• UPS
• VERIZON
• COMCAST

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Save Small Businesses - #TheDollarInitiative - Creative Solution

  • 1. Page 1 of 15 THE DOLLAR INITIATIVE The economy affects EVERYONE, and it’s time for us as citizens of the United States to take action TODAY. Our mission is to help bridge the financial gap and burden that has been created by social distancing. Tons of small businesses are closing and letting go of their employees. These business owners and employees are our friends, family, colleagues, and the rest of our tribe! Small businesses make up 99.9% of businesses in America, and they employ 47.3% of Americans! If most of these businesses start to close, it could have a devastating effect on our economy and it will affect us ALL. Even large corporations will be affected because smaller businesses are their customers! COVID-19 has heavily impacted all of us. These are hard times financially for many of us, but together we can make a huge difference. It’s time for us to pivot from reaction to action and take back control. Even if the federal government sends us checks, there are still small brick and mortar businesses that will suffer as people avoid public places, such as book stores, restaurants, coffee shops, movie theaters, daycares, and COUNTLESS others. We are calling upon individuals and large corporations to join the movement today and start donating to local small businesses! Every dollar counts. Sean Patrick O’Grady and Katie Kent O’Grady Please contact us at thedollarinitiative@gmail.com 3/20/2020
  • 2. Page 2 of 15 The Dollar Initiative High-Level View (Details for implementation on next page) Small Businesses have increased cash reserves to weather the storm and retain employees Individuals donate money to small businesses Large corporations donate to small businesses through a non- profit
  • 3. Page 3 of 15 THIS IS OUR PROPOSED SOLUTION SQUARE INC + SCORE.ORG + INDIVIDUALS + LARGE DONORS = #TheDollarInitiative to Help Save Small Businesses Behind the Scenes 1) SQUARE INC creates a donations module for the CASH APP a. Develops a small business registration form for donations b. Develops a search function for individuals to find small businesses they want to support c. Develops a “send donation function” 2) SCORE.ORG becomes the non-profit partner and tax incentive vehicle 3) SCORE.ORG establishes an escrow account to hold large corporate and individual donations 4) SQUARE INC executes an integration to the escrow account for the donation match 3) Everyone recruits corporate partners and donation commitments for the cause 4) SCORE.ORG deposits the donations into the escrow account and provides tax deductions Small Businesses 1) Register your business with SQUARE INC 2) Tell your community you need help and share your story 3) Continue providing the best products and services you can Community 1) Download the CASH App (if you don’t have already it) 2) Search for the businesses you want to support 3) Send your donation 4) Matching donation will be deposited via Square + Escrow on behalf of the donors 5) Share your donation with your friends to gather more support ~Rinse and Repeat~
  • 4. Page 4 of 15 - - - - - - - - - - SQUARE INC.SCORE.ORG ESCROW ACCOUNT Microsoft Apple Salesforce Tesla Bank of America Berkshire Hathaway Amazon EVERY OTHER CORPORATION THAT WANTS TO HELP TAX DEDUCTIBLE DONATIONS TAX DEDUCTIBLE DONATIONS Small business Registration Form - Triple Verification - EIN Number - Business Address - Email Address John Smith Searches for businesses DONATE $1.00 to TASTY DONUTS Of MAIN STREET Search Results = “Tasty Donuts of Main Street” CASH APP (or Desktop) Tasty Donuts of Main Street (small business) $1.00 Donation from John Smith API CONNECTION FOR TRANSACTION DETAILS TO ESCROW BANK ACCOUNT. $1.00 Matched donation from Corporate Partners via Score.org’s escrow account and CASH APP payments $2.00 to Help Tasty Donuts CORPORATE PARTNERS AND NON-PROFIT INCENTIVE VEHICLE AVAILABLE PAYMENT INFRASTRUCTURE Individuals The ultimate goal would be for the ratio to be much greater than 1:1
  • 5. Page 5 of 15 ACTION STEPS SQUARE SCORE.ORG Corporate Partners SMALL BUSINESSES 1. Build the Small Business Registration form for any small business that NEEDS help a. Validate the registration based on: i. EIN ii. Business Address iii. Business Email 2. Integrate these businesses into SQ/ CASH APP 3. Make a search function for users to find businesses 4. Deploy the “Donation” Action in CASH APP a. **Waive any Fees** 5. Work with the Bank’s API to facilitate the matching donation from the escrow account via the payment infrastructure. SPREAD THE WORD: RECRUIT CORPORATE PARTNERS, USERS, SMALL BUSINESSES #THEDOLLARINITIATIVE 1. Create an Escrow Account for the Corporate Partners Donations 2. Provide the Tax Deductions for their donations and associated records 3. Engage your Community SPREAD THE WORD: RECRUIT CORPORATE PARTNERS, USERS, SMALL BUSINESSES #THEDOLLARINITIATIVE 1. What amount can you commit? 2. Engage your Community SPREAD THE WORD: RECRUIT OTHER CORPORATE PARTNERS, USERS, SMALL BUSINESSES #THEDOLLARINITIATIVE 1. Register your company 2. Engage your customers for donations and support 3. Share your story SPREAD THE WORD: RECRUIT CORPORATE PARTNERS, USERS, SMALL BUSINESSES #THEDOLLARINITIATIVE
  • 6. Page 6 of 15 We Have To Keep The American Dream And Our Communities Alive So many people have worked SO hard to start their business. Even businesses with high cash reserves are eventually going to run out. We keep seeing so many stories about businesses laying off most of their employees, businesses forced to close, or that the future looks bleak. Imagine the Ghost Town that your community could turn into as business after business closes and the unemployment rates skyrocket. These are our friends, family members, and neighbors. The hardships caused by COVID-19 affect us ALL. We Must Take Action TODAY Before The Devastation To Our Communities Worsens: • RESTAURANTS • CAFES • BARS • MUSIC VENUES • MOVIE THEATERS • BOOK STORES • CRAFT SHOPS • DAYCARES • BOUTIQUE CLOTHING STORES • BAKERIES • FURNITURE STORES • ART SHOPS • DONUT SHOPS • ICE CREAM SHOPS • SALONS AND BARBER SHOPS • AND MANY MORE!
  • 7. Page 7 of 15 Examples Of The Heartbreaking Devastation Being Caused original article: https://www.eater.com/2020/3/17/21184114/restaurants-shutter-economic-impact-aid WE MUST TAKE ACTION NOW!!
  • 8. Page 8 of 15 SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF original article: https://www.theguardian.com/world/2020/mar/19/hairdressers-salons-new-york-coronavirus-impact WE MUST TAKE ACTION NOW!
  • 9. Page 9 of 15 SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF original article: https://www.latimes.com/entertainment-arts/books/story/2020-03-18/powells-portlands-beloved-indie-bookstore-lays-off-most-workers WE MUST TAKE ACTION NOW!
  • 10. Page 10 of 15 SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF original article: https://variety.com/2020/music/news/zac-brown-scooter-braun-video-crew-layoffs-coronavirus-1203539105/ WE MUST TAKE ACTION NOW!
  • 11. Page 11 of 15 SMALL BUSINESSES ARE CLOSING AND LAYING OFF STAFF original article: https://www.star-telegram.com/sports/college/article241345801.html WE MUST TAKE ACTION NOW!
  • 12. Page 12 of 15 WHY THIS SOLUTION WILL WORK 1.You can easily practice social distancing and send donations to some of your small local businesses from your couch. 2.These individual donations would be vital to small businesses, and serve as the catalyst for larger corporations to donate. 3. There are 329 million people in the United States. If everyone can commit something to a local business in need, it can make a huge difference! 4. Large corporations and wealthy individuals can contribute for every donation. These donations will be tax deductible, and is an investment into customers. 5. If we don’t take action, unemployment could rise to 20% or higher.
  • 13. Page 13 of 15 SQUARE INC- Your current platform has 90%-95% of the functionality already developed. You would also need functionality for: -BUSINESS DONATION REGISTRATION - SEARCHING FOR BUSINESSES - THE DONATIONS /TRANSACTIONS - THE API INTEGRATION INTO AN ESCROW ACCOUNT - AND SOME REPORTING. Source: https://squareup.com/us/en/about
  • 14. Page 14 of 15 SCORE.ORG Your non-profit 501c3 status is vital for large corporations to donate to small businesses. You are the perfect partner because you have been helping small businesses for 50 years. Source: https://www.score.org/content/mission-vision-and-values
  • 15. Page 15 of 15 CORPORATE PARTNERS Here are some great examples of corporations that are supported by small businesses. We may have forgotten some, but EVERYONE is welcome! Your Help Will Be Vital To Our Success As Americans • MICROSOFT • INTUIT • GOOGLE • FACEBOOK • AMAZON • BANK OF AMERICA (all banks) • COKE • PEPSI • SYSCO FOODS • FEDEX • UPS • VERIZON • COMCAST