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15 popular crowdfunding sites for social causes

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Digital fundraising is on the rise for emerging do-gooders. Here is the Devex guide to the top 15 sites to popularize and raise funds for your cause.

Published in: Government & Nonprofit
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15 popular crowdfunding sites for social causes

  1. 1. Digital Fundraising: 15 popular crowdfunding sites for social causes Qfillfix
  2. 2. Millions of dollars for basic necessities like food, clean water and temporary shelter — as well as for longer-term projects like the rebuilding of schools, hospitals and houses — can be raised through relatively small amounts of money from individuals and entities across the globe, mostly through the Internet. lilillfix
  3. 3. Crowdfunding, as the movement and practice is known, leverages social media and Web-based communication to solicit small monetary contributions from a large group of people. The emergence of more specialized crowdfunding websites suggests that this type of digital fundraising is becoming more commonly used in the development and humanitarian community. llfillfix
  4. 4. Here are 15 popular crowdfunding sites for social causes and development initiatives, based everywhere from New Delhi, India to Brooklyn, New York. llfillfix
  5. 5. Headquarters: New Delhi, India Launched: 2013 Funding model: Keep what you raise - Type: Reward-based and donation-based Fee: 10 percent for campaigns that reach target, 15 percent for those that do not - Average amount per campaign: $2,ooo-$2,500 - Total amount raised so far: Approximately $1 million Recommended for: Nonprofits and charities l§l. l3.ll. §X
  6. 6. Headquarters: London, United Kingdom Launched: 2011 Funding model: Keep what you raise after first milestone is reached Type: Reward—based and donation—based Recommended fundraising target: From about $5,000 to $33,000 Commission fee: 5 percent Recommended for: Social enterprises and charities $l§ll.0X
  7. 7. CBUSQVOX Headquarters: Brooklyn, New York, United States Launched: 2011 Funding model: Keep what you raise - Type: Donation—based Monthly plan fee: $0-$129 Percentage fee on donations: 2.5—4.25 percent - Average amount raised per campaign: $16,000 Recommended for: Nonprofits ll§. ll.0X
  8. 8. catarse i Headquarters: Sao Paulo, Brazil Launched: 2011 Funding model: All or nothing - Type: Reward—based - Total fees: 13 percent for projects that reach target - Campaign period: 1-60 days - Currently developing Catarse Flex, a mode that allows you to keep what you raise Recommended for: Startup businesses, social enterprises and individual fundraisers lllillfix
  9. 9. Headquarters: Michigan, United States Launched: 2010 Funding model: Keep what you raise - Type: Donation—based and reward—based Monthly plan fees: $0-$50 - Transaction fees: 3-5 percent Recommended for: Charities and individual fundraisers lllillfix
  10. 10. - Headquarters: Beijing, China Launched: 2011 Funding model: All or nothing - Type: Reward—based Commission fee: 6 percent - Recommended for: Creative projects, startup businesses and social projects llfillflx
  11. 11. Headquarters: Washington, D. C., United States Launched: 2002 Funding model: Keep what you raise Type: Donation-based Donation fee: 15 percent broken down into 10 percent for programs and services Globa| Giving offers NGOs, 3 percent credit card or transaction fees and 2 percent administrative costs Average amount raised per campaign: $1,900 Top 5 project themes: Education, children, health, gender and economic development Recommended for: Charities and nonprofits lll? .ll.0X
  12. 12. - Headquarters: San Francisco, California, United States Launched in 2008 Funding model: Flexible and fixed funding Type: Reward-based and donation-based Platform fee: 5 percent In use in 224 countries and territories Supports four languages (English, French, German and Spanish) and five currencies (U. S. dollars, British pounds, euros, Canadian dollars and Australian dollars) Launched Generosity, a free personal and social cause fundraising platform, in 2015 Recommended for: Charities, individual fundraisers and social enterprises il, .§. Il.0X
  13. 13. Headquarters: Brooklyn, New York, United States Launched: 2009 Funding model: All or nothing - Type: Reward-based - Total pledges: $2.14 billion - Success rate: 37 Percent Platform fee: 5 percent Recommended for: Social enterprises §l§. ll.0X
  14. 14. Headquarters: San Francisco, California, United States Launched: 2005 Funding model: All or nothing - Type: Social lending at no interest Staff size: 100 employees and 450 volunteers around the world Number of field partners: 305 in 83 countries - Total lending: $790 million - Average loan size: $415 Repayment rate: 98.45 percent ll§. ll. .5.-‘. X
  15. 15. Headquarters: Shanghai, China Launched: 2014 Funding model: Keep what you raise Type: Donation-based Platform fee: 5 percent Operates in over 40 countries and accepts over 130 currencies Recommended for: Social causes Q§. ll.0X
  16. 16. Headquarters: Melbourne, Australia Launched: 2010 Funding model: All or nothing Type: Reward-based Success rate: 56°/ o Service fee: 3- 5 percent - Accepts 23 currencies Total pledges: $28.7 million Recommended for: Creative projects, social projects and social enterprises ll. .9.ll.0X
  17. 17. - Headquarters: New York, United States - Launched: 2010 Funding model: Keep what you raise - Type: Reward-based and donation-based Commission fee: 4 percent for campaigns that reach target, 8 percent for those that don’t Average contribution per person: $75 Recommended for: Social enterprises, nonprofits and individual fundraisers §l§. ll.0X
  18. 18. - Headquarters: Cape Town, South Africa Launched: 2013 Funding model: Keep what you raise after first milestone is reached - Type: Reward-based - Commission fee: 7 percent for regular project creators and 5 percent for certified NGOs - Average target per project: Anywhere from $300-$3,000 - Average pledge: $7-$70 - Campaign period: 30-90 days - Recommended for: Startup businesses and social enterprises devex flu n . w.1 rl
  19. 19. Headquarters: Paris, France Launched: 2010 Funding model: All or nothing Type: Reward-based Commission fee: 5-8 percent Number of projects launched: 17,289 Success rate: 64 percent Recommended for: Charities, individual fundraisers and social enterprises, creative projects, startup businesses and social projects l§l. l3.ll.0X
  20. 20. Effective crowdfunding campaigns might seem effortless, but in order to make them successful, organizations must work hard behind the scenes. What are the secrets to success? Devex asked some crowdfunding experts and campaign managers. Read more here: Tips for conducting successful crowdfunding campaigns £! .§. II.0x

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