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
By Moshe Hecht Create community, interdependency, and greater financial value in fundraising. Matching campaigns are key to creating unity and financial sustainability for your nonprofit. At their essence, these campaigns nurture a community of interdependent givers, whose gifts act as leverage for other larger and smaller donations, reaching an excitement that exceeds merely giving. Sounds great, right? But how do you make this … [Read more...] about The Magical Matching Tour
Law.com is reporting: A federal lawsuit accuses PayPal Inc. of botching a program intended to be philanthropic by misdirecting funds intended for certain charities and transmitting the money to other organizations without informing donors. The suit ... claims that the PayPal Giving Fund currently lists charities on its website that are not registered to receive donations via PayPal and the site fails to inform potential donors that … [Read more...] about Lawsuit Alleges Paypal Diverted Donations To Different Charities