Not-for-profit organizations are using social media to redefine how they can get funding for their missions. There are even a few that exist totally online. Check out
www.donorschoose.org
and
www.kiva.org
. Both of these depend on crowds (called crowdfunding) to either fund educational projects (Donors Choose) or lend money to support projects all over the world (Kiva) using the microfinancing model.
Take a minute to explore these sites and view some of the projects up for funding. Pick one project that interests you. How is it organized? Do you think the model is effective? Why or why not?
.
How Not-for-Profits Use Social Media for Crowdfunding
1. Not-for-profit organizations are using social media to redefine
how they can get funding for their missions. There are even a
few that exist totally online. Check out
www.donorschoose.org
and
www.kiva.org
. Both of these depend on crowds (called crowdfunding) to
either fund educational projects (Donors Choose) or lend money
to support projects all over the world (Kiva) using the
microfinancing model.
Take a minute to explore these sites and view some of the
projects up for funding. Pick one project that interests you. How
is it organized? Do you think the model is effective? Why or
why not?
