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Ripple Partners With Madonna to Fundraise for Orphans in Malawi

Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.

The legendary pop icon announced the fundraiser Monday as a way to celebrate her 60th birthday, saying all donations would go to Raising Malawi, a non-profit organization she co-founded with American screenwriter Michael Berg in 2006, to support its work at the Home of Hope orphanage in Malawi. Notably, Ripple is matching all donations made through the drive.

Ripple senior vice president of business operations Eric van Miltenburg said the charity was important, according to a statement.

He added:

“We’re honored to be a part of Raising Malawi’s amazing work with some of the world’s most underserved children and are grateful to our investors at Sound Ventures for making the introduction to us and this important cause.”

The campaign, which began on July 30 and runs through August 31, has already raised more than $26,000 from nearly 540 people within two days, nearly halfway to the $60,000 target, according to a Facebook donations page.

Madonna said the fundraising event will serve as a gift “connecting my global family with this beautiful country and the children who need our help most” for her birthday.

Malawi is one of the poorest countries in the world, with about 50 percent of the nations’ population living below the poverty line, according to the International Monetary Fund.

Madonna image via Denis Makarenko / Shutterstock

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Ripple partners With Madonna on her 60th Birthday to Raise Funds for Vulnerable Children In Malawi

Born August 16th, 1958, Madonna is hands down the Queen of Pop. Since the 80s, she has continually pushed the boundaries of music through her lyrical content, visual imagery in music videos and on stage. She has also pushed the boundaries of fashion over the years. She turns 60 this year.

To celebrate her 60th Birthday, Madonna has planned an online fundraiser to benefit her Raising Malawi foundation. She has teamed up with Facebook and Ripple for the fundraiser which was launched on the 30th of July and runs up until the 31st of August.

On the facebook donation page of Raising Malawi, Madonna stated the following:

I have an unwavering commitment to providing vulnerable children with a loving home. For my birthday, I can think of no better gift than connecting my global family with this beautiful country and the children who need our help most. Every dollar raised will go directly to meals, schools, uniforms and healthcare.

Madonna with her family. Source, dailymail.co.uk

She also added that the Ripple firm will match each dollar donated to this campaign:

I want to come together with my friends, fans and supporters to change the lives of Malawian children and let them know they are nurtured, protected and loved. Through their generous commitment to this organization, Ripple will match each dollar donated to this campaign.

David Schwartz, the new CTO at Ripple, confirmed this via twitter when he tweeted the following:

Facebook has also given further information with regards to the fund drive:

This fundraiser, which benefits Madonna’s foundation Raising Malawi, will run from July 30 through August 31 and utilizes Facebook’s charitable giving tools, which charge no processing fees, meaning 100% of every contribution goes directly to Raising Malawi’s work at Home of Hope orphanage, located in a rural, high-need area of Malawi.

Anyone willing to donate can do so directly to Madonna’s fundraiser and/or start their own Facebook fundraisers to tap into their personal social networks for support.

Madonna founded the Raising Malawi organization in 2006 to help fight the poverty and hardship endured by Malawi’s orphans and vulnerable children. She has also adopted 4 children from Malawi over the years and raised them as her own.

[Photo, Madonna. Source, RollingStone.com

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