- Anyone can suggest causes (individuals or orgs) we give to.
- The 11:11 Philosophers Group selects 11 causes on the Sunday before NOAI. (See: Selected Causes)
- During NOAI, attendees mint Philosopher Florins by allocating them to causes via NOAI’s Giving Game.
- After the last presentation on 11/11, causes receive their Florins.
- Causes can cash Florins out at any time from the Philosopher’s Bank. Cashed-out Florins are destroyed.
- 89% of funds received after NOAI (11/11 23:59 CST) are used to mint new florins for next year’s NOAI, with 11% increasing the value of all other causes.
- New causes are selected every year.
- Anyone can increase the value of Florins by donating.
1 Florin = $1.694760511882998 as of 19:35 CST on 12/17/24. Calculated by dividing the amount of cash in the Philosopher’s Bank NOAI Account by the number of Florins minted minus the number of Florins destroyed because of a Cause cash out.
Questions? Suggestions?
Email 1111@philosophers.group.