"around 7 new charitable foundations are created every single day"
Damn, thats a lot. Just another reason this project is helpful since the platform will help a regular Joe to get his bearings in that field.
Yeah, a lot of those are motivated by making a quick buck on someone's good intentions. Here's hoping, the platform will actually help to filter them out.
And not even necessarily outright stealing the money. Some unsavory funds just withhold full information about their activities. Like the fact that they keep a huge percentage of each donation sum.