Non-Profits Compete for TUGG $10K

Wade Roush6/7/10

Technology Underwriting Greater Good, an organization launched last fall by Jeff Fagnan of Atlas Venture and Hemant Taneja of General Catalyst Partners, will hand out $10,000 to one of three non-profit organizations at its first annual “Spring Fling” fundraising event this Wednesday, June 9. With a self-declared mission to pursue “open source philanthropy,” TUGG mainly supports organizations helping inner-city and underprivileged teens. The groups competing for the $10K prize are Bikes Not Bombs, techBoston, and More Than Words.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.