Skip to content

The Bank of Nerdfighteria

2013-11-26 · announcement · John, Hank · 3:57 · watch on YouTube

Topic: Global development (also: Personal life, Nerdfighteria) · mode: Announcements · tags: fundraising ask, recurring series, guest or collab, community lore, calendar ritual

In the Bank of Nerdfighteria's semiannual report John updates the giving arm (P4A on December 17, the World Cup 2014 support auction, the Foundation to Decrease World Suck becoming a 501(c)(3) with matched donations) and the lending arm (over $3.2 million lent on Kiva), ending in a surprise reunion with Hank at their parents' home.

What is said

The parts of the video and what is said in each (★ — how much it matters to the video).

00:00:00 — Crumpled suit: the Bank of Nerdfighteria's semiannual report; two arms like Toby Turner's

  • ★★ Wearing a crumpled suit, John presents the Bank of Nerdfighteria's semiannual report. — 00:00:02 · Bank of Nerdfighteria
  • ★ John says the Bank of Nerdfighteria, like Toby Turner, has two arms, giving and lending, both growing more powerful by the year. (playful) — 00:00:06 · Bank of Nerdfighteria

00:00:14 — Giving arm: P4A and the Foundation to Decrease World Suck; last year's $400,000; make videos for December 17

  • ★★ John says the Nerdfighter community hosts YouTube's Project for Awesome every year: a 48-hour event in which thousands of people upload videos about their favorite charities. — 00:00:15 · Project for Awesome, Nerdfighteria
  • ★★ P4A also raises money for the Foundation to Decrease World Suck; the community then decides where to donate it, which John says teaches thoughtful philanthropy. — 00:00:29 · Foundation to Decrease World Suck, Project for Awesome, world suck
  • ★★★ John says last year's (2012) P4A raised more than $400,000 for organizations fighting illiteracy, domestic violence and global poverty, among other things. — 00:00:39 · Project for Awesome
  • ★★★ John urges anyone who has never taken part in P4A to start making videos for December 17th. — 00:00:47 · Project for Awesome

00:00:53 — The brothers auction their World Cup 2014 support to donors to the Foundation

  • ★★★ John says he and Hank are auctioning their World Cup 2014 support: donations to the Foundation to Decrease World Suck on behalf of a team decide whom they support, top to bottom. — 00:00:55 · Foundation to Decrease World Suck, world suck
  • ★★ Currently Germany is fifth and the Netherlands seventh in donations, so if they meet the brothers back Germany; Switzerland is last. — 00:01:11
  • ★★ John says they will not just casually root: they will watch every game, wear the chosen teams' jerseys, learn their soccer history and songs, and try to watch live on Google+ Hangouts. — 00:01:19

00:01:40 — The Foundation is now a 501(c)(3); donations matched up to $125,000; $23,955 in the bank

00:02:15 — 'Movie magic': John flies to his parents' home, the room of the first Brotherhood 2.0 video

00:02:29 — Lending arm: over $3.2 million lent through Kiva; example loans; $25 loans, 99% repaid; free first loan

  • ★★★ John says the Nerdfighter group on Kiva has made more than $3.2 million in loans to students and entrepreneurs around the world. — 00:02:31 · Bank of Nerdfighteria
  • ★★ Recent Nerdfighter loans include college tuition for a student in Bolivia, a restaurant in Samoa and a furniture business in Uganda, among tens of thousands of others. — 00:02:39
  • ★★★ Through Kiva one can lend as little as $25 to students and entrepreneurs in the developing world, and 99% of the time they pay you back. — 00:02:49
  • ★★ John jokes that Kiva lending is like a savings account with a negative 1% interest rate, only 1% less than his bank offers, plus you watch businesses grow. (playful) — 00:02:58
  • ★★ John says a first Kiva loan is entirely free for new users, with the link in the doobly-doo. — 00:03:08

00:03:14 — John never imagined the community would lend $3 million or P4A near $1 million; thanks to Nerdfighteria and Hank

  • ★★★ Sitting where Brotherhood 2.0 began, John says he never imagined the community would lend more than $3 million, and thanks Nerdfighteria and Hank. — 00:03:16 · Nerdfighteria, Brotherhood 2.0
  • ★★ John says the Project for Awesome is within shouting distance of a million dollars in total donations. — 00:03:25 · Project for Awesome

00:03:34 — Surprise reunion with Hank, links, sign-off; PS: Matt Smith photo, Mom's kaleidoscopes

  • ★★ both: Hank appears beside John for a surprise reunion video; they point to the lending and donation links and look forward to a great P4A. — 00:03:34 · Reunion video, Project for Awesome
  • ★ both: In a PS John shows a picture of Matt Smith doing the Nerdfighter sign with Danish Nerdfighters; Hank notes that Mom collects kaleidoscopes. — 00:03:47 · Sydney Green

In the description and comments

Threads in this video

Where the stories that moved here went next

Mentioned

Central: Bank of Nerdfighteria · Foundation to Decrease World Suck · Kiva · Project for Awesome

Also: People: Matt Smith · Mike Green · Sydney Green · Toby Turner

Projects: Brotherhood 2.0

Organizations: Google+

Rituals: Nerdfighter gang sign · Reunion video

Concepts: 501(c)(3) organization · microfinance

Places: Bolivia · Germany · Netherlands · Samoa · Switzerland · Uganda

Events: FIFA World Cup

Only in the description or credits: DFTBA Records · Nerdcrafteria · VidCon

Also centred on Kiva: June 28: How to Be a Microfinancier · How to be a Microfinancier Part 2 · Brotherhood 2.0: July 2nd: The Law of Compound Nerdfighting · October 24th: RANDOM NERDFIGHTING · Puppy Elephant Defends Capitalism · Awesome Bankers?

← Previous: How to Apologize like a Fartbag · Next → REUNION! Arm Wrestling, Drawing, and Questions with Hank and John!