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Tag Archives: Donation-based

Predictions for the Top 15 Crowdfunding Trends that Will Emerge During 2015

22 Dec

New Developments Expected from the SEC, Texas Crowdfunding Portals, Crowdfunding Service Providers, State Banks, Corporate Crowdfunders, Non-Profits and Secondary Trading Markets

By Robert Hoskins

Austin, Texas – Front Page PR predicts the top 15 crowdfunding trends that will emerge by the end of 2015 for the United States crowdfunding industry:

  1. The SEC will do the right thing and surprise the U.S. by introducing rewritten Title III crowdfunding regulations formulated to appease both Wall Street and entrepreneurs.
  2. Texas Incubators/Accelerators will add equity crowdfunding portals to their investment models to earn extra revenue, improve deal flow and tap 20 million unaccredited investors.
  3. There will be a rising tide of third-party crowdfunding service providers needed to produce Private Placement Memorandums (PPMs) and necessary disclosure documentation.
  4. State banks will seize the opportunity to create new revenue streams by setting up crowdfunding equity escrow services that larger banks will probably ignore.
  5. Advertising, PR and social media firms will improve the success rate of million dollar crowdfunding campaigns to more than a 50% success rate regardless of crowdfunding site.
  6. Major corporations like Sony will begin to launch substantial crowdfunding campaigns to test the market demand for their company’s latest and greatest high-tech, clean-tech, bio-tech, fin-tech and film/music products and services
  7. Major corporations will follow IBM’s example by opening their own intranet crowdfunding platforms to allow employees to fast track innovative products and services by using crowdfunding campaigns to override political and corporate management roadblocks.
  8. Major publishing houses will follow Reddit’s and YouTube’s example by launching their own crowdfunding platforms to harness mature electronic commerce & marketing capabilities.
  9. Real Estate will lead the marketplace in offering attractive equity crowdfunding deal flow.
  10. Texas will become one of the largest equity crowdfunding markets in the United States.
  11. More than 50% of U.S. states will approve crowdfunding exemptions by the end of 2015.
  12. By Q4 2015 a secondary market will begin to emerge for trading equity crowdfunding shares.
  13. Crowdfunding investing will cause private equity investors and venture capitalists to lose their ability to take advantage of startups/entrepreneurs who will find it much easier to raise venture capital funding.
  14. Non-profit fundraising organizations will move their entire fundraising operations to a pure online donation-based crowdfunding platform to substantially streamline their organizations and reduce their operating expenses.
  15. As in many early growth industries, large players like GoFundMe, IndieGoGo and Kickstarter will begin buying up smaller sites to increase market share and expand their global presence.

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Contact:
Robert Hoskins
Front Page PR
(512) 627-6622
@Crowdfunding_PR
@FrontPage_PR
@Crowdfunding_TX

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WeCareCard Crowdfunding Credit Card Delivers a Simple, Seamless and Secure Way to Share the Wealth in Las Vegas

3 Nov

The cause-related fundraising site will offer a prepaid debit card to fundraisers to support them in times of hardships and celebrations

By Robert Hoskins

Las Vegas, Nevada – WeCareCard introduces the first-ever prepaid debit card tied to a crowdfunding platform. The first-of-its-kind patent pending technology will fulfill a crowdfunding campaign’s financial component by loading funds onto a WeCareCard Prepaid MasterCard rather than the traditional fulfillment method of check, bank account deposit or PayPal.

WeCareCard crowdfunding site delivers a simple, seamless and secure way to share stories of hardships or celebrations, connect networks and gather funds for those in need

WeCareCard crowdfunding site delivers a simple, seamless and secure way to share stories of hardships or celebrations, connect networks and gather funds for those in need

The idea of WeCareCard spurred from co-founders Jessica Weiss, a former nurse who consistently witnessed first-hand financial hardships caused by unexpected medical bills and Phillip Qualls, a Technology, Payments and Financial Services executive with more than 20 years of experience in the industry.

“I saw an opportunity to leverage my experience to revolutionize relational giving and gifting by leveraging crowdfunding, prepaid and patent pending technology. Announcing the card at the world’s premier destination for emerging payments and financial services organizations, made perfect sense.” said Qualls.

The Indiana-based cause-related crowdfunding site delivers a simple, seamless and secure way to share stories of hardships or celebrations, connect networks and gather funds for those in need. The WeCareCard Prepaid MasterCard serves as the money- management tool, welcomed at over 25 million MasterCard locations worldwide. The card will be delivered to fundraisers early in their WeCareCard crowdfunding campaign and funds will be loaded throughout the duration of the campaign, helping fundraisers manage the expenses related to their cause directly, quickly and easily.

“After our family suffered hardships associated with long-term illness, I began contemplating how I could help others through similar situations,” said Weiss. “I knew there had to be a simple, streamlined way to help more people locally, and nationally through an online platform and prepaid debit card.

WeCareCard has retained Atlanta-based FirstView Financial as their card processor and program manager. FirstView excels at innovation in the high-growth prepaid card and mobile payments arenas. Metropolitan Commercial Bank (New York, NY) will be the issuer of the WeCareCard Prepaid MasterCard.

We are very excited to be working with WeCareCard on this new crowdfunding and prepaid solution,” said Jerry Uffner, CEO of FirstView Financial. “This new platform will help serve a very large audience. There are so many people in need of immediate financial relief and we are just happy to be a part of the initiative that will help remove that burden as quickly as possible.”

Individuals and organizations interested in receiving funding through WeCareCard’s platform can click here to apply for consideration.

WeCareCard is the first-ever online fundraising platform tied to a prepaid debit card that empowers people from around the nation to raise funds for a variety of life-changing causes. The cause-related fundraising solution delivers a simple, seamless and secure way to share stories, connect networks and gather immediate funds for those in need through the WeCareCard Prepaid MasterCard. This prepaid card serves as a money management tool and is welcomed at over 25 million MasterCard locations worldwide.

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Funderbuilt Leads the Growing Crowdfunding Industry by Capping Platform Commission Fees at a Maximum Fee of $250

14 Jul

The portal provides campaign managers with several unique tools including FunderFactor, Funderbuilt Toolbox and a Crowdfunding Campaign To-Do List

By Robert Hoskins

Southfield, Michigan – Funderbuilt officially launched on July 4th to service all types of fundraising needs and models, including donations to charitable causes, reward-based contributions to creative and business endeavors, and equity-based investments in new businesses and products. Providing “simply successful crowdfunding,” Funderbuilt makes it easy for project owners to connect with donors, contributors and investors who will help them fund their dreams.

Funderbuilt offers Donation, Reward, and Equity Platform for All Types of Crowdfunding Campaigns

Funderbuilt offers a Donation, Rewards & Equity Crowdfunding Platform for All Types of Fundraising Campaigns

Funderbuilt is perfectly suited to ALL KINDS of fundraising projects, so there’s no need to choose between multiple platforms. Projects are grouped into 3 categories – Causes, Ideas and Ventures — and just about any project falls into one of these 3 buckets.

While most crowdfunding platforms take a percentage of a project owner’s raised funds with no upper limit, Funderbuilt’s fee is never more than $250, so project owners keep more of the money they raise (Funderbuilt keeps 5% of the funding goal or $250, whichever is less). With lower fees, flexible funding models and easy to manage tools for success, Funderbuilt is designed to help projects succeed and gives project owners the best possible chance of reaching their funding goals.

The portal also provides what’s called a FunderFactor, a quick and easy way to gauge a project’s progress and the efforts of the project owner. Once a project is launched, the portal recommends that users utilize the Funderbuilt Toolbox and To-Do list to continue building support for their project.

“Our goal is to attract the best projects and the best funding sources and put those two groups together – that’s where the magic happens,” said David Moncur, Chief Marketing Officer, Funderbuilt. “Our flat fee pricing model is revolutionary to the industry and we go all out to help project owners be successful with their projects. Our platform has systematized the entire process so it’s easy to upload a project, then learn exactly what you need to do on each day of your crowdfunding campaign to maximize the likelihood of success.”

With the launch of Funderbuilt, Cincinnati, OH-based Fifth Third Bank has announced that it will refer business opportunities to the crowdfunding portal that may not fit the bank’s traditional lending requirements, but have a solid business plan, management, etc.

“The exciting thing about crowdfunding is that it provides much easier access to capital for smaller entrepreneurs, and I believe that it may well revolutionize the formation of new businesses, providing badly needed positive momentum for our economy,” said Mark Morrison, Vice President, Team Lead Commercial Middle Market, Fifth Third Bank. “As a banker, one of the most important factors for lending is cash flow and crowdfunding could help fund the gap until an entrepreneurial business establishes the cash flow necessary to qualify them for a loan. We look forward to working with Funderbuilt as a referral source for start ups and small businesses who don’t meet lending requirements.”

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Crowdtilt Rolls Out Rewards-Based Crowdfunding Site for Canadians to Fund Causes, Experiences and Pre-Purchases

12 Jul

Crowdtilt streamlines the entire crowdfunding process to make it simple, secure, and worry-free for Canadian Tilters

By Robert Hoskins

Toronto, Ontario – Crowdtilt.com announces that the San Francisco-based company is now providing crowdfunding campaign services to Canadians (Canadiens) to help users fund experiences, purchases, and causes with help from their friends, family, and extended networks via rewards-based and perks-based crowdfunding campaigns.

Crowdtilt Logo

CrowdtiltOpen offers Tilters Rewards-Based Crowdfunding Campaigns in Canada

In the first wave of fundraising campaigns, the local Crowdtilt team has seen Canadians tilt (successfully reach their fundraising goal) campaigns to throw elaborate bachelor and bachelorette parties, buy group-funded birthday gifts, and even help replace the University of Toronto’s broken radio transmitter. Dedicated to making it easy for groups and communities to come together to make amazing things happen, Crowdtilt streamlines the entire process to make it simple, secure, and worry-free.  Using Crowdtilt is easy and campaigns can be set-up in just three simple steps.

“It has always been Crowdtilt’s intent to come to Canada,” explained Tim Ryan, Country Manager at Crowdtilt Canada. “We’re really excited to see what types of experiences and causes Canadians will tilt. In a country like Canada, the opportunities are endless – everything from a cottage weekend with friends to a group outing to a sports event. Not to mention the social and civic applications.”

“Tilters” (as they’re known) start by identifying their campaign and deciding how much they want to raise. Campaign champions get their friends involved, sharing the news of their campaign with their network by tweeting, emailing and posting to Facebook to generate excitement. As funds pour in, those involved get to watch the campaign tilt, at which point everyone’s cards are charged and funds are received via direct deposit. If users raise more than their targeted amount, an even greater purchase or experience can unfold.

“Whether you’re planning an event or looking for the easiest way to split the cost of a purchase or experience, Crowdtilt makes group-funding easier than ever before,” Ryan continued.

To start a Crowdtilt campaign today and discover the best way to pool funds simply and socially, visit Crowdtilt.com.

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Philadelphia Businesses Harness Marketing Power of Donation-based Crowdfunding Campaigns to Support Local Charities

27 Feb

Giving back to the community by donating perks for local charities is a win-win community outreach program for Philadelphia crowdfunding campaigns

By Robert Hoskins

Based in Philadelphia, PA, a local start-up social enterprise that helps nonprofits and other causes raise money online, announced it has recruited more than 40 businesses to participate in the GiveToBenefit Merchant Partner program.  

GivetoBenefit Donation-Based Crowdfunding Perks

GivetoBenefit Donation-Based Crowdfunding Perks

The program – which is the first of its kind in the crowdfunding category – involves businesses agreeing to provide incentives to organizations who spend the money they raise on GiveToBenefit.com on their products and services.  This is the type of program that should be rolled out in every big city in America to promote social causes.

How the GiveToBenefit Merchant Partner program works:

  1. A merchant creates a free listing on GiveToBenefit.com and agrees to provide special offers to a nonprofit or other cause-related organization who selects them as their provider.
  2. A nonprofit or other cause-related organization launches a fund drive on GiveToBenefit.com.
  3. The nonprofit pre-selects a local merchant where the money raised will be spent.
  4. GiveToBenefit releases 100% of the funds raised (the nonprofit pays no fees, unlike on other crowdfunding sites) – to the merchant after the campaign ends.
  5. The merchant and the nonprofit complete the transaction.

“By elevating the role of the merchant, we are evolving the crowdfunding model for the better,” says GiveToBenefit CEO Daniel M. Sossaman, II. “With GiveToBenefit.com, everybody wins: Local merchants generate new sales and brand awareness; cause-related organizations receive more in goods and services for every dollar they raise; and GiveToBenefit is compensated for facilitating the exchange.”

“By automatically generating leads and potential sales for us, GiveToBenefit is like having another marketing or sales resource on my staff,” says Dave Matthias, president of Penn Photomounts in Aston, Pa. “But beyond the clear business value that the GiveToBenefit Merchant Partner program represents, I really like how this program makes it easy for my company to do something good for my community.”

With plans to expand nationwide, the GiveToBenefit Merchant Partner program currently features local businesses in categories ranging from musical instruments and photographic equipment to office supplies and garden tools.

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Non Profit, Higher Education Crowdfunding Expert, Kimbia, to Share Online Fundraising Secrets at SXSW in Austin, TX

23 Feb

Kimbia will share proven practices that have successfully helped non-profits, higher education institutions and community foundations acquire and retain more donors

By Robert Hoskins

In March, Kimbia representatives will be speaking at at the South by Southwest Interactive Festival (SXSW) in Austin, Texas Kimbia will be sharing its strategies for successful online fundraising and content marketing expertise at the event to further

Kimbia enable nonprofits, higher education institutions and community foundations to find, convert and retain the highest-value supporters.

Kimbia enables nonprofits, higher education institutions and community foundations to find, convert and retain the highest-value supporters.

Improving online fundraising and content marketing are two key opportunity areas for organizations seeking to better fund their mission. This is because:

  • Online-acquired donors who give to and share a nonprofit’s message across many channels (omni-channel supporters) have the highest lifetime value.
  • Online revenue growth is outpacing all other channels, engaging major donors and more participants who in turn share their commitment with their family, friends, and colleagues.
  • To be relevant, build trust and continue to inspire and retain supporters, organizations must continually be communicating, not just fundraising. This requires a steady stream of new and relevant content that motivates them to make your mission their mission.

“Proven practices in online fundraising, including the social media, mobile, peer-to-peer, partner and giving day/crowdfunding aspects are evolving rapidly,” said Dan Gillett, Kimbia’s Chief Executive Officer. “This makes it challenging for nonprofits with limited resources to stay current. So, we’re always looking for ways to share our experience working with a wide range of organizations in these specialized areas.”

The presentations at SXSW Interactive is Friday, March 7th from 12:30pm – 1:30pm, Austin Convention Center, Room 5ABC. Miriam Kagan, Kimbia’s senior principal and fundraising strategist, and David Neff, digital engagement strategist at PwC, will host an interactive session on the Ethics & Future of Crowdfunding for Communities. Attendees will work together to build a crowdfunding bill of rights.

Kimbia’s omni-channel fundraising platform enables you to create a deeper donor relationship by leveraging the strengths of each channel and putting donors at the center of all development activities. Ultimately this approach results in greater brand awareness, giving and lifelong loyalty.

To date, Kimbia is proud to support more than 5,000 customers to date, including the American Heart Association, Smithsonian Institution, YMCA of Metropolitan Dallas, Columbia University, Georgetown University, WGBH – Boston, KCSM – San Mateo, The Ragnar Relay Series, Beijing International Triathlon, MetroPCS Dallas Marathon, Communities Foundation of Texas, Community Foundation for Greater New Haven and The Boston Foundation. 

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