Is Crowdfunding Right For Your Organization?

I’m always interested in news about crowdfunding, a method of raising money through the collective contributions of individuals on the internet. Crowdfunding is used by entrepreneurs to fund their new ventures and by tax-exempt charitable organizations to get donations. The crowdfunding sector generated $34 billion in cash in 2015, and is on pace to increase that number ten-fold over the next decade. The proceeds go to three areas – person-to-person lending, charitable donations, and equity investment – with about 70% going to charitable donations according to the Pew Research Center report, Shared, Collaborative And On Demand: The . . .