Crowdfunding

5 Tips for Beating the Odds When Crowdfunding
October 2, 2015 at 10:13 am

Although we hear of wildly successful crowdfunding campaigns, the truth is that the majority of these campaigns fail. The leading reward-based crowdfunding site, Kickstarter, has a 37 percent success rate and Indiegogo’s is even lower. And those cool hardware projects that seem to just take off and get immediate traction with backers? Don’t be fooled:…

'I Did Not Write That': Philadelphia Councilman in Dust-Up Over Fundraising Pitch
October 2, 2015 at 10:08 am

Philadelphia City Councilman David Oh's efforts to raise money for his re-election campaign have turned into something of a hot mess. A disagreement over who may have botched the wording of those fundraising efforts had Oh and his own campaign consultant each reaching out Thursday to complain to the Philadelphia Board of Ethics. Oh, a…

Paris 2024 Olympics Leaders Launch Crowdfunding Campaign
October 1, 2015 at 7:00 am

Leaders of the Paris bid for the 2024 Olympics put on a show of unity at a festive meeting involving French Prime Minister Manuel Valls and more than 150 athletes for the official launch of a crowdfunding campaign on Friday. Titled ''Je reve des Jeux,'' (I dream of the Games), the campaign is aimed at…

A Tech Startup Is Making Millions Helping Charity Go Viral Online
September 30, 2015 at 6:00 am

Chances are you've seen an Omaze video, although you may not have realized what company was behind it. The Santa Monica, California-based startup blew up tanks with Arnold Schwarzenegger, hung out with Iron Man, and handed out a cameo appearance for one lucky fan in the new Star Wars film. These experiences racked up millions…

Kickstarter Makes Philanthropy Its Policy by Reincorporating as a Benefit Corporation
September 25, 2015 at 9:49 am

Kickstarter is no old hat when it comes to philanthropy. The online funding platform has been the go-between for raising money for everything from trans healthcare awareness to resurrecting the 90s-nostalgic educational show "Reading Rainbow" via Web series to helping Bill Nye the Science Guy stop global warming and save the world with science. And now,…

Crowdfunding 101: 4 Types You Need to Know
September 24, 2015 at 9:16 am

The term “crowdfunding” is closely associated with websites such as Kickstarter and GoFundMe. These sites provide a platform for startup companies to attract attention and funding. They provide an avenue for a wider group of investors to help fund or completely fund entrepreneurial startup projects. They have become popular among entrepreneurs, allowing them to “test…

GiveForward Expands to Let Donors Offer Meals, Fulfill Wishes
September 21, 2015 at 11:02 am

GiveForward, a leading medical crowdfunding website, introduced new features Thursday as it looks beyond the industry it helped pioneer. The Chicago-based company unveiled a new way for users to create their own pages to request assistance with meals, create wish lists and communicate with their communities alongside their fundraising efforts. GiveForward also announced a promotional…

This Could Be the Largest Crowdfunding Project of All Time
September 15, 2015 at 9:26 am

Some people think the New York skyline is missing something London has—a gigantic Ferris wheel—and they’re doing something about it. Dubbed the “New York Wheel,” the project is already underway in Staten Island and will be 630 feet tall, 187 feet taller than London’s Ferris wheel. The New York Wheel, led by the former investment…

Bad Fundraising Lands School Board President and Nonprofit in Ugly Mess
September 11, 2015 at 10:03 am

College is expensive. For a single mother with four sons, three of whom are in college, the costs can be nightmare-inducing. Why not ask friends, family and the community to help out while everyone has a good time partying? San Diego Unified School Board President Marne Foster has discovered how much trouble a parent and…

'Baltimore 6' Fundraiser Shirt Features Brick From 'Battle of Mondawmin'
September 9, 2015 at 10:48 am

A fundraiser for the six Baltimore police officers charged in the death of Freddie Gray features the image of a brick with the phrase "The Battle of Mondawmin." The shirt refers to the beginning of the April 27 unrest in West Baltimore, where officers were injured as rioters threw bricks and rocks. The rioting broke out…