Crowdrise

Last updated
CrowdRise
Company type Private
Industry Online fundraising
FoundedMay 19, 2010;14 years ago (2010-05-19) [1]
Headquarters,
Key people
Edward Norton, Shauna Robertson, Robert Wolfe, Jeffrey Wolfe
Website crowdrise.com
Footnotes /references
[2]

CrowdRise is a for-profit crowdfunding platform that raises charitable donations. [2] [3] CrowdRise was founded by Edward Norton, Shauna Robertson, and the founders of Moosejaw, Robert and Jeffrey Wolfe. [2] [4] [5] [6] CrowdRise was acquired in 2017 by GoFundMe. [7]

Contents

Overview

CrowdRise's fundraising model is based upon the notion of making giving back fun, [8] which may lead to more people donating and more funds being raised. [9] The platform uses gamification and a rewards point system to engage users to participate in fundraising and donating. [10]

Its primary model is donation-based, and the campaign defaults to "keep what you raise".

Their default "Starter" pricing is to charge the non-profit a 5% platform fee from each donation, plus a payment processing fee (credit card fee) of 2.9% + $0.30 per donation. [11] Donors may choose whether to pay the fee in addition to the amount of their donation or to have the fee subtracted from their donation amount before being delivered. [12]

See also

Related Research Articles

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JustGiving is a global online social platform for giving. The firm's headquarters are located in Bankside, London, England.

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<span class="mw-page-title-main">Indiegogo</span> American crowdfunding website

Indiegogo is an American crowdfunding website founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric Schell. Its headquarters are in San Francisco, California. The site is one of the first sites to offer crowd funding. Indiegogo allows people to solicit funds for an idea, charity, or start-up business. Indiegogo charges a 5% fee on contributions. This charge is in addition to Stripe credit card processing charges of 3% + $0.30 per transaction. Fifteen million people visit the site each month.

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<span class="mw-page-title-main">GoFundMe</span> American crowdfunding platform

How GoFundMe Works?

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FundRazr is a free crowdfunding and online fundraising platform released in 2009. FundRazr operates internationally in 35+ countries with the largest markets being United States, Canada, United Kingdom and Australia. It allows users to run a wide-range of crowdfunding campaigns by creating fundraising pages and sharing it via social media, messaging apps, email and more to raise money for over 100 types of causes such as nonprofit, medical care, education, community help, poverty alleviation, arts, memorials, and animal rescue causes. FundRazr also works with more than 4000 nonprofits, charities and social enterprises with an advanced fundraising toolset for free. The digital fundraising platform provides 8 different campaign types. They include microproject fundraising, peer-to-peer campaigns, wishlist campaigns, recurring donations, branded sponsorship campaigns, DIY projects, sweepstake campaigns, and storefront campaigns.

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References

  1. Ivana Pais; Paola Peretti; Chiara Spinelli (2014-09-09). Crowdfunding: La via collaborativa all'imprenditorialità. EGEA spa. pp. 36–. ISBN   978-88-238-7669-9.
  2. 1 2 3 Wallace, Amy (5 September 2010). "Online Giving Meets Social Networking". The New York Times. Retrieved 29 November 2012.
  3. Matrix Thompson; Sarika Khambaita (25 January 2016). Who Is Winning The Social Media and Crowd Funding War: The Battle For Good Vs Evil - Will You Be A Casualty Or Emerge As A Trailblazer?. Pamper Me Network. pp. 43–. ... CrowdRise is the world's largest and fastest growing fundraising platform dedicated exclusively to charitable giving. ...
  4. "CrowdRise: Ed Norton Launches Fundraising And Volunteerism Site". Huffington Post. 2011-05-26. Retrieved November 30, 2012.
  5. Kerric Harvey (20 December 2013). Encyclopedia of Social Media and Politics. SAGE Publications. pp. 14–. ISBN   978-1-4522-9026-3. Edward Norton cofounded Crowdrise, which is ... Crowdrise allows users to tap into their social networks to raise funds for their charitable causes. Celebrities such as ... Crowdrise allows users to create a microsite to raise money for a cause.
  6. Ananda Kiamsha Madelyn Leeke (September 2013). Digital Sisterhood: A Memoir of Fierce Living Online. iUniverse. pp. 277–. ISBN   978-1-4917-0639-8. Nonprofit Organizations and Social Causes Women • Crowdrise.com is an online fundraising web site that allows individual fundraisers, nonprofit fundraising, and event fundraising (co-founded by female film producer Shauna Robertson).
  7. Susan Adams (10 January 2017). "GoFundMe Buys Rival CrowdRise". Forbes. Archived from the original on January 11, 2017.
  8. Patricia Wallace (26 November 2015). The Psychology of the Internet. Cambridge University Press. pp. 161–. ISBN   978-1-107-07913-7. Actor Edward Norton promotes the site called Crowdrise.com, which takes an offbeat and often humorous approach to crowdfunding for good causes. It adds contests, social networking, and a community feel designed to appeal to younger ...
  9. Shane J. Lopez (22 July 2014). Making Hope Happen: Create the Future You Want for Yourself and Others. Simon and Schuster. pp. 171–. ISBN   978-1-4516-6623-6. Crowdrise.com, founded by Robert Wolfe and a cast of characters including actor Ed Norton, has a different focus. It helps individuals and groups raise funds to bankroll a community project or charity. Once you sign up on the website, you can ...
  10. Vincenzo Petruzzi (4 June 2015). Il potere della Gamification. Usare il gioco per creare cambiamenti nei comportamenti e nelle performance individuali: Usare il gioco per creare cambiamenti nei comportamenti e nelle performance individuali (in Italian). FrancoAngeli. pp. 97–. ISBN   978-88-917-1294-3.
  11. "Non-profit pricing". Crowdrise.com. Retrieved July 18, 2018. Free to get started. 5% platform fee. 2.9% + 0.30 payment processing.
  12. "What are these fees for? Do I have to pay them?". Crowdrise. Retrieved 11 July 2018.

Further reading