[WHO] Franck Demoiseau, former leading banker revolutionising charity fund-raising.
[WHAT] Decrease costs and increase benefits for donors, charities and companies.
[HOW] An online system that allows companies to match private donations.
It is pretty easy to identify life's turning points in hindsight. Some are serendipitous. Some are catastrophic. Some might be epiphanous; god moments when one can almost grasp perfection and universality. Many just happen to us - there was no way to see them coming.
It can be far harder to perceive turning points before they arrive. These are the ones not delivered by fate or butterfly wings. These are the ones we help create for ourselves by embracing opportunity, by being open to ideas and then by actually engineering change. These are the ones that often require courage and determination and risk.
Today's guest in The Zone has generated such a turning point, one that has not only finally given the former high-flying banking executive a sense of purpose, but one with the potential to benefit people across the world by revolutionising the funding of organisations that are driven by a social mission rather than profit maximisation.
Franck Demoiseau was literally flying high back in 2008 - on a business trip from Mumbai to Singapore - when he decided he needed to create a turning point. It would be five years before he actually did it, but that moment in the sky changed his life.
''I realised that I had not done anything with my ideas. I had a lot of good ideas and I had done nothing with them. And when I walked off the plane I made a promise to myself that I would start to write down my ideas and I would not let them go to waste.''
He did start writing them down - in a book that remains a work in progress. Then he worked out which idea best fitted his skills and provided the best chance of allowing him to make a positive difference in the world.
And so Givematcher was born three months ago. .
''I stumbled upon a really simple way for donors, companies and charities to help each other using a new concept - open matched giving.
''Givematcher is a website that allows the donor to select a charity that they want to donate to and it will then propose a list of participating socially minded companies that will match the donation. So by donating in this way on Givematcher you are ensuring that the charity ends up with more than just your donation.''
Demoiseau sees it as a win-win-win: charities get more funding; donors double their impact; companies and philanthropists amplify the benefit of the aid they give to the communities from which, after all, they derive profits. It is a way for companies to embrace enlightened self-interest - there can be no prosperous high streets unless there are healthy backstreets.
He argues that Givematcher will help companies demonstrate to their investors the value of giving funds to organisations with a social mission.
''Companies are thinking about maximising shareholder return. They need to think about strengthening their brand. A lot of companies have been struggling with how philanthropy achieves that, if at all, and whether that can be measured.
''I was noticing that donations from companies to charities were trending down. So there was that effect, and then the GFC came in and a lot of companies started slashing budgets as this was unfortunately an easy thing to do.
''But companies absolutely have a responsibility towards the community. I saw an opportunity to help the companies to better justify their philanthropic spend. That was at the inception of the very concept of Givematcher, because matching donations of people that you may or may not have a relationship with, and with whom you would like to have a relationship with, is a really, really good way, and a humble way, for a company to support the community.''
Charities and not-for-profit organisations have been struggling financially since the 2007-08 global financial crisis. In Australia, it has been a shock for a sector that had for the decade until 2007 been expanding by about 5 per cent a year, giving it the fastest growth rate of any sector other than mining.
By the time he quit the corporate world, Demoiseau had become chief operating officer in Australia and New Zealand of BNP Paribas, one of the world's largest financial institutions.
''I had a very good position that was challenging me intellectually. It is a great company to work for. What it was lacking was, for me, purpose.''
A video statement by Demoiseau and the full transcript of our discussion can be found at theage.com.au/federal-politics/the-zone. He will be online for an hour from midday to respond to questions and comments, which can be submitted from this morning.
In his corporate role, Demoiseau had long been observing companies respond to the financial fear and loathing of the GFC by crimping their contribution to the community.
At the same time, he was aware that traditional methods of fund-raising were costly to the point of wasteful. He knew, too, that many donors - individuals, philanthropic trusts and others - were also enduring financial difficulties and were keen to know their money was being spent effectively, rather than absorbed by administration.
So far, more than 100 charities have signed up. There is no charge to them. ''The charities have responded extremely well because they can see that this is a fantastic way for them to get new donors, and also to use the matching component to drive more donations.''
The next step for Demoiseau is to get companies involved - there are about 10 on board so far. They can set it up on the website in as little as 10 minutes, also at no cost.
Givematcher will generate revenue by taking 7.5 per cent of the donation, which means that the fund-raising cost falls to less than 4 per cent when the matching by companies and/or philanthropists is taken into account.
''Online is a much better way for charities to fund-raise and for the Australian public and for companies to support charities. Look at some of the ways charities today are using to fund-raise: they are using face-to-face, people in the street, or they are calling people at home, or they are using direct mail.
''They are very expensive ways of fund-raising, where the cost overheads can be as much as 30 per cent to 50 per cent. And that worries a lot of Australian donors who want to ensure that as much of their donations as possible end up with the cause itself. So by donating online, the Australian public is assured that more money is going to the cause itself.''
Givematcher has the potential, too, to expand workplace giving - where employees' donations to charities and not-for-profit groups are deducted from their salaries. As this usually requires an automated payroll system, it means workplace giving tends to be limited to larger companies.
By using Givematcher, not only can employees from firms large and small set up regular donations, their contributions can continue when they change employers.
''Our concept of online, open matched giving goes well beyond staff being matched by their company, and it is this distinguishing factor which makes Givematcher unique in the world right now.
''Companies have relationships with many more people than just their staff, and it is these other essential relationships that matched giving by companies had largely ignored. Givematcher changes this by allowing companies to match the donations of their customers, their potential customers as well as their staff. Most donors in Australia have never had the opportunity to have their donation matched.''
Demoiseau, who comes from France and was based in Singapore before moving to Sydney, believes Givematcher has the potential to work throughout the world. But if his fledgling social venture is to succeed in Australia, let alone internationally, he needs help from many people. In particular, he needs employees to encourage their bosses to sign their company on as matchers.
The amount companies budget as matchers is not revealed unless they choose to make it public, and they have control over which organisations they support.
Demoiseau says the hardest thing he ever did was getting to the point where he felt ready to take the risk of starting Givematcher.
''Fear is a key barrier. We tend to be fearful of things and we worry about change, and making a difference involves changing rules and our own mind gets in the way and we start to worry about things like mortgages and paying bills and keeping safe. And we tend to downplay our capabilities. Lack of self-esteem is a massive barrier. And so it is important to build self-esteem.
''Finding our purpose takes time. We need to do some soul-searching and look at what is important to us. For me, purpose means finding the one thing that we're on this planet to do. And for me that means making a difference in this world.''