Is Crowdfunding Right for Your Organization?

Crowdfunding Defined

Crowdfunding refers to fundraising campaigns aimed at collecting small amount donations from a large number of people. This technique was used very successfully in 2008 by then presidential candidate, Barack Obama… raising over $800 million in online political campaign donations. It has also been used successfully by for profit start-ups including Oculus VR which started with a Kickstarter platfrom campaign in 2012… and was recently purchased by Facebook for $2 billion dollars.

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