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How to Ask Rich People for Money and Get it

Discussion in 'Asking Millionaires for Help' started by Eduardo, Sep 2, 2013.

  1. Eduardo

    Eduardo Newbie

    I want to try asking rich people for money but I really don't know where to start. The way I see it is rich people have lots of money, some of them have a heart, poor people have little money and need money to get out of poverty. Surely if you ask rich people nicely you can get financial assistance. I'm not sure how reliable it is but I've read on the internet that many people are getting rich by asking people for financial assistance. If I can ask one thousand rich people to give me $1000 dollars then I could become a millionaire! I know it's wishful thinking but there must be a way to ask rich people for money and actually get it. Just to summarize my questions are

    1. Which rich people can I ask for money?
    2. How do I find rich people that give money?
    3. How do I actually contact these rich people for financial assistance?

    Please can you give me constructive advice, I really don't want advice like get a job, I hate accusations of scrounging, I really need the money because I'm experiencing financial hardship.

    Thanks
  2. Miles

    Miles Newbie

    I think the first step would be to actually find the rich people. You can find rich people who give money away on sites like Forbes, the Giving Pledge, Business Week. Other sites include Philanthropy.org, GrantSpace. I'm going to be honest and say that getting money for free from rich people will be hard, you need a genuine hardship, actually you need a severe hardship to ask these philanthropists for money. With that being said there are rich people who donate money and it's not illegal to ask people for money so give it a shot and see what happens. Here are the list of sites where you can get names and addresses of philanthropists giving money away.

    1. The Giving Pledge
    2. Forbes Philanthropy List
    3. Business Week top 50 American Philanthropist
    4. Philanthropy.org
    5. GrantSpace
    6. Wikipedia
  3. Simrin

    Simrin Newbie

    Cool list, I guess the next step would be to choose the rich person you want to contact. It depends on whether you want to target the rich person or just contact everyone under the sun and see what kind of a response you get. Personally if this was something I wanted to do I would put a lot of time into researching the RIGHT rich person to contact. I would reflect on what my hardship was and then find rich people who are willing to help people with that particular hardship.

    Once you've found about 50 rich people that might potentially give you money it would be time to collect email addresses and postal addresses. I would put all the information on a spreadsheet to keep everything organized.

    What you have to realize is that you'll probably get a lot of rejections so it's important to cast your net wide. Also remember that rich people who give away money only do it through their charitable foundation so get the contact details of the organization that they support. Good Luck.
  4. Alistair

    Alistair Newbie

    I love this thread, imagine there is a procedure for getting money for free from rich people. I see your line of thinking, I always hear about rich people who donate large sums of money, it would be great to get a piece of the pie!

    I think the most important part of the process must be making initial contact, you need to write a hardship letter or email asking them for help. In the letter you really need to describe what it is that you want and why you're in hardship. I would also explain how it would make such a profound difference to my life. Be careful not to send the letter to people who don't want to be reached, I'm not sure if it is illegal to ask people for money if they prohibit you from doing so. To summarize I wold do the following

    1. Intro: Explain your hardship
    2. Main: How much do you need?
    3. End: Describe the difference it would make to your life, describe how your standard of living and quality of life would improve.

    I've included a video here of millionaires that give money away, thought it might be helpful.

  5. hamza

    hamza Newbie

    I think it's really important that you don't get carried away here! Asking for $1000 is a lot of money. If you really do have a hardship then ask for a reasonable amount. I would say that $100 is reasonable and then explain in your letter that if you can get more financial assistance it would be great. $100 is loose change for these rich people so I'm sure they will be willing to part with the money compared to giving away $1000. I could be mistaken. I suppose you could take a handful of millionaires and ask for $100 and another handful of millionaires and ask them for $1000 and see if there is a difference. I've found this excellent bookmark on pinterest which has so many rich people you can contact.

    Rich People
  6. Raymond

    Raymond Newbie

    I really think that this is a numbers game, the more rich people you contact the more likely you are to get money. You need to contact them via post and email, you need to send the correspondence to their personal account providing you can find it and to their charitable foundation. Keep a spread sheet to keep everything nicely organized.

    Also always explain why you need the money, be as descriptive as possible and go into detail. Always end the letter by thanking them and try to find rich people that sympathize towards your goal. You should be very enthusiastic because rich people love enthusiasm, you could add a photo of yourself to give it that personal touch.
  7. Juan

    Juan Newbie

    This is a really interesting post and has got me thinking about doing the same, I'm sure there's plenty of money to go round. Once you send the letters and emails off I guess it's a waiting game, I'm also guessing that you'll probably get 7 or 8 rejections out of every 10. I think the key is writing an effective hardship letter which resonates with the rich person. Let us know how you get along.
  8. Sadia

    Sadia Administrator

    Make sure you use the money on what it was intended for if you do get it. Think of the money as a investment for the future and don't spend it on material items. If you've got debt pay it off, if you want to study enroll in a course. Another point I wanted to mention was working out the cost for this project you're going to need a lot of shipping postage money to send the letters as well as lots of printer ink so make sure you factor the cost before embarking on the project. Good Luck.
  9. Eduardo

    Eduardo Newbie

    Thank for all the advice, I think I've got a rough procedure in my head and have enough information to get started, I'm really overwhelmed at the response, I thought that I would be told to get a life, and get a job! This forum is great....I'm sure to post more here.
  10. Shobir

    Shobir Administrator Staff Member

    Admin Post
    We all love to help here, make sure you keep us posted on your success/failures.

    Looking back back at this thread the procedure for asking rich people for money looks like this.

    1. Find Rich People in Forbes, The Giving Pledge etc
    2. Collect Email addresses
    3. Write a hardship letter asking for money
    4. Ask rich people for £100
    5. Send the letters off (Assess Costs)
    6. Wait for money
    7. Write a thank you letter
    8. Invest the money for the future.

    Also I was thinking that this thread would be ultra helpful if we were to post names and addresses of rich people who give money away. We could include a picture of the rich person as well as a video and include contact details of the charitable foundation that they run. All the information would be in one place.
  11. Shobir

    Shobir Administrator Staff Member

    Admin Post
    I'll start it off. Here are the contact details of the Bill & Melinda Gates Foundation

    Contact Details:

    Main Office
    500 Fifth Avenue North
    Seattle, WA 98102
    (206) 709-3100
    info@gatesfoundation.org

    East Coast Office

    PO Box 6176
    Ben Franklin Station
    Washington, D.C. 20044
    (202) 662-8130

    Europe Office (Mailing Address)
    80-100 Victoria Street
    London
    SW1E 5JL
    +44 (0) 207 798 6500

    Attached Files:

  12. Miles

    Miles Newbie

    Really cool idea! Here is Warren Buffetts contact details, from what I know he's going to be donating most of his money to the Bill & Melinda Gates Foundation

    BERKSHIRE HATHAWAY INC.
    3555 Farnam Street
    Suite 1440
    Omaha, NE 68131

  13. FavellaMan

    FavellaMan Newbie

    Thanks for sharing the information, I've contacted the Bill & Melinda Gates Foundation for help, If I actually get a response I'll let everyone know.
  14. OggyAnd

    OggyAnd Newbie

    You could ask Jon Bon Jovi Foundation for help, the contact details are below. Thanks for the useful information. I have contacted some of the millionaires mentioned here.

    Jon Bon Jovi Soul Foundation

    JON BON JOVI SOUL FOUNDATION:
    1635 MARKET STREET, 17TH FLOOR
    PHILADELPHIA, PA 19103
    INFO@JBJSOULFOUNDATION.ORG
    215-636-0420
  15. Father_Nature

    Father_Nature Newbie

    You could try contacting the Larry Ellison Foundation, if you've got a medically related problem like difficulties paying for medical treatment, medical fees or prescription then it's worth a try. Here are the details

    The Ellison Medical Foundation
    299 Broadway, Suite 920
    New York, NY 10007-1903

    Telephone:212-577-9255

    104 E. Ridgeville Blvd.
    Mount Airy, MD 21771-5260

    Telephone: 301-829-6410
  16. Simrin

    Simrin Newbie

    When you contact philanthropists it's important to make the right impression, you must not come across as begging. You must request the money and explain how it will make a difference to your life. Most people who need financial help just find the contact details and send a quick letter or email asking for help. To improve your chances of getting a donation you need to spend a lot of time on the letter you send to the philanthropists. I have bookmarked an excellent article on how to write a sample letter asking philanthropists for help.

    Sample Letters for Asking Philanthropists for Money
  17. hamza

    hamza Newbie

    I found another good list of which shows people giving free money to poor people, if you're looking for ideas then it's worth checking out.
  18. Tiplady

    Tiplady Newbie

    The following sites below might be quite interesting if you want to ask rich people for money. The sites have contact details for millionaires, billionaires and celebrities. You can also check out the net worth and then cherry pick the rich people you want to contact.

    Millionaires Giving Money Away
    Born Rich
    Celebrity Net Worth
  19. Father_Nature

    Father_Nature Newbie

    I've found a really quick way of getting contact details and email addresses of millionaires, billionaires, celebrities and CEO's who give money away. The mailing list does cost a few dollars but it's worth it's weight in gold because you have all the information you need. Good Luck

    Billionaires Mailing List
  20. FavellaMan

    FavellaMan Newbie

    Have you tried asking Ellen DeGeneres for money? I have included her contact details below. It's not an email, the only way you can contact her is through her website. There is a section on being on the show and you can nominate a deserved person, there's quite a lot of options available.

    Here is the section on nominating a deserved person, hope this helps.


    Nominate a deserving person in need

    Do you know an amazing person who could use Ellen's help? Maybe it's a person who always puts your needs before their own, someone who keeps a positive attitude through tough times, or a neighbor who has changed your community, or a teacher who goes above and beyond. Does this person deserve a vacation, a car, or a call from Ellen?

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