Crowdfunding has been a major source of fundraising. This type of fundraising could be for both profits and non-profits. The discussion here is about raising money for charity through crowdfunding. Raising money for charity for Non-Profits have come a long way from traditional means to online fundraising through crowdfunding platforms. These crowdfunding platforms provide the necessary local and global exposure to raise money for charity. These are online sites which assist to the work of raising money for charity in a dedicated manner. Crowdfunding sites like CauseVox, MyEFunder, GoFundme etc. provide the necessary assistance to raising money for charity.
Basic Features of Crowdfunding Sites
Although, every crowdfunding site work in their own manner to help raise money for charity; still they have a few common features which help non-profits establish an online fundraising event. They allow the interested organization or individual to set up pages for the cause which they support, and its other supporters to replicate these pages so that more and more funds could be collected for the cause. To keep a check over any fraud that might arise while raising fund for charity, these crowdfunding sites provide their own credit card processing portals for incoming donations. Some of these crowdfunding sites work well enough to promote any tangible event organized for raising money for charity, others plainly support and promote the cause on which the non-profit aims at.
When a crowdfunding site cannot help raising money for charity
Everything has its pros and cons, certainly crowdfunding sites boost the capability of Non-Profits for raising money or charity, but they should not be considered as the ultimate thing to fundraising. They too have limitations which should be clearly understood by people intending for raising money for charity. Crowdfunding sites give a sound help to boost your campaign for fundraising, but expecting money inflow merely by posting the cause over them is a huge and most common mistake. The initial efforts put by you should be to accumulate the interest of your friends and family into the cause and then you might expect funds from strangers and slowly from people worldwide for your charity reason.
Before choosing a crowdfunding platform for raising money for charity, research is important.This research should be done in all aspects of a crowdfunding sites. One should visit them; compare their features, the investment involved, the risks involved, their past reviews and historical data as well as the current projects that are listed with them and how they fair in collecting funds through that site. Taking these measures would ensure that you have chosen a correct way of raising fund for charity.
