By Dan Illouz For nonprofits with limited resources it seems counterintuitive to prioritize crowdfunding. After all, the biggest dream of any fundraiser is for one person to donate enough to cover the entire budget. However, as important as grant requests and large donors are, crowdfunding must be an essential part of a nonprofit’s strategy. Just as a good investment portfolio must stay diverse to avoid too many risks, so too should the … [Read more...] about Four Reasons why Crowdfunding should be an Essential Part of your Fundraising Strategy
By Michael S. Fischer Posted with permission from ThinkAdvisor Online donors gave 38% more to charity and made 18.2% more gifts during the last week of 2017 than in the final week of 2016, according to an analysis by The Chronicle of Philanthropy in partnership with Network for Good, an online giving platform. Online contributions reached their 2017 peak on New Year’s Eve, with some 61,000 donations in the U.S. bringing in $14.4 … [Read more...] about Online Charity Gifts Spiked on New Year’s Eve: Analysis
By Avrum Lapin and Andrea Otto Crowdfunding has been heralded as the next “really big thing” in philanthropy. According to a recent Pew Research center study, 22% of American adults have supported a crowdsourced online fundraising project. Translation… more than $34 billion in worldwide donations in 2015. The rapid rise of crowdfunding is stunning; commanding that development staff, executive directors and board members take notice. What is … [Read more...] about Crowdfunding 101: Is it For You…or Not?
By Dan Illouz The world is changing and so is the world of philanthropy and fundraising. P2P (peer to peer) technology has revolutionized various sectors by cutting down the middleman and allowing people to directly interact between each other and provide good and services to one another. AirBnb revolutionized the tourism industry by connecting between real estate owners and tourists and providing an alternative to hotels. Uber connected … [Read more...] about Fundraising in the age of P2P
By Moshe Hecht Today’s mega-rich philanthropists - Warren Buffet, Bill and Melinda Gates, Mark Zuckerberg - are putting billions towards advancing our world and solving some of its most pressing problems. But while huge sums benefit countless people, the facts show that the giant hole of need is actually growing faster than it can be filled. Relatively speaking, to quote Melinda Gates, the billionaires’ “pocket of money is quite small.” … [Read more...] about How “Trickle-up Charity” Can Save the World