"$1000 to do something awesome": the Toronto Awesome Foundation

There are similar outfits in Berlin, Boston, London, Los Angeles, Melbourne, NYC, Ottawa, Providence, San Francisco, and Washington DC. The idea is the same in each case: 10 people have committed to contributing $100 per month (maybe it's denominated in pounds or euros in the non-US cities), each month's money to be given to one project deemed to be awesome.

You can read about some of the things funded by the Awesome Foundation at http://awesomefoundation.org/blog/ .

(Why did I link to the Toronto one? One reason only: that's the one I happened to come across first. I guess SF or NYC would be of direct interest to more HN readers. The Boston one was first.)