Uncategorized

5 Greatest Nonprofit Crowdfunding Websites – 2021

July 21, 2021

Are you part of a nonprofit group trying to get into the explosive crowdfunding business? 

Crowdfunding is an wonderful choice for nonprofits of every type to lift funds from the gang, growing your group’s outreach and income technology. 

On this article, we’re taking you thru 5 of the very best nonprofit crowdfunding websites that you could capitalize on in 2021. 

You’ll come away with an understanding of which charity-based crowdfunding platform is the proper match in your nonprofit endeavor with the intention to purchase the funds you have to change the world! 

Let’s get began. 

GoFundMe 

You’ve most likely heard the identify GoFundMe earlier than, and for good purpose. It’s the world’s prime crowdfunding platform (sure — even bigger than Kickstarter and Indiegogo), pulling in over $9 billion in funding because the web site’s inception in 2010. 

GoFundMe is finest identified for campaigns associated to private bills and tragedies. Nonetheless, registered charities and 501(c)(3) nonprofit organizations within the US, UK, Australia, and Canada are additionally in on the motion. 

An enormous good thing about GoFundMe is that there’s no platform price. Whereas they used to take 5% of all cash raised, they’ve executed away with that. 

In fact, your fundraiser won’t be completely fee-free. The platform expenses a processing price of 1.9% + $0.30 per donation. 

The most important benefit of GoFundMe is potential donor familiarity. If you happen to run your marketing campaign on the platform, individuals are going to be at the very least typically conscious of what it’s all about. 

Try this video for some unimaginable suggestions for launching your nonprofit marketing campaign on GoFundMe. 

Mightycause 

Mightycause is an particularly thrilling choice for nonprofit fundraising as a result of the platform is particularly designed to fulfill the wants of small to midsize nonprofits.  

Typically, your group must be registered as a 501(c)(3) or public charity group within the US. However for those who’re primarily based exterior the US otherwise you’re but to obtain your 501(c)(3) standing, you could find a company to behave as your “fiscal sponsor.” Extra data on that’s right here. 

Mightycauses’ processing price is smaller than GoFundMe (and most different platforms, for that matter) — they solely cost 0.81% + $0.29 per donation on common. 

And since the platform is centered round nonprofits, they offer you tons of nice sources for donor administration and advertising and marketing. 

Medical doctors With out Borders and St. Jude Kids’s Hospital are only a few of the organizations which have gone on to lift huge {dollars} with Mightycause. Your nonprofit may very well be subsequent! 

Fundrazr 

Particularly for you Canadian nonprofits on the market, Fundrazr is a superb fundraising choice. They maintain the most effective reputations amongst each campaigners and donors due to their transparency and easy-to-use interface. 

They’re additionally one of many few crowdfunding nonprofits that hyperlink to their TrustPilot web page, the place you could find a whole lot of raving critiques.  

Fundrazr takes a bigger processing price: 2.9% +$0.30. However the concept is you get what you pay for, together with best-in-class social sharing performance — which is a key ingredient to each nonprofit crowdfunding marketing campaign.

The platform additionally affords Normal and Professional plans, which affords alternatives for issues like: 

  • Recurring donations 
  • Subscription micro-projects 
  • Superior analytics 
  • Sponsored campaigns 

And far more. With these plans, you’ll pay a 5% platform price — so we solely advocate them to of us who’ve vital expertise fundraising or have a big following. 

FirstGiving 

FirstGiving takes a distinct method to nonprofit crowdfunding. Not like the platforms listed above, there’s no “free” fundraising choice — you’ll be required to subscribe to one in all their premium plans, which prices $600 and $1,800 a 12 months with a 5% platform price. 

Clearly, FirstGiving is costlier than different nonprofit fundraising platforms. 

So why do folks flip to them? 

Primarily, it’s due to all of the performance they supply that’s particularly tailor-made to nonprofit organizations. From P2P giving days to on-line auctions to donor administration and far more, it’s all the pieces you’ll want to lift funds from the gang on-line. 

Earlier than you go along with FirstGiving, be sure that your nonprofit has a devoted following that’s prepared to indicate up proper while you get began. You don’t wish to be paying extra for those who can’t recoup these funds fairly rapidly! 

Donorbox 

Working with a small nonprofit? Donorbox would possibly simply be the crowdfunding platform for you. 

This platform is particularly useful for organizations wanting so as to add a easy donation button to an present web site. They supply help for weekly, month-to-month, quarterly, and annual recurring donations with a low platform price of simply 1.5%.

Moreover, their donation kinds are extraordinarily donor-friendly. 

Bigger nonprofit organizations could favor all-in-one platforms (like these listed above) that may present donor administration and a branded dashboard. 

However for smaller groups that want fundamental functionalities and straightforward to make use of, DonorBox is unquestionably value your consideration! 

Conclusions: Which Nonprofit Crowdfunding Web site Ought to I Use? 

Let’s break it down: 

  • GoFundMe – Greatest for reputability 
  • Mightycause – Greatest for staff administration 
  • Fundrazr – Greatest fame 
  • FirstGiving – Greatest for big non-profits 
  • DonorBox – Greatest for easy fundraises and small nonprofits 

On the finish of the day, the choice is as much as you. GoFundMe is at all times a secure wager, however wanting into a number of the different platforms that may be extra tailor-made to your particular wants deserves at the very least a few of your consideration. 

We hope that this text has been useful for you! 

Need extra insights from the consultants right here at CrowdCrux? Try our nice academic sources for you: 

  • GoFundMe Money Machine Course: A to Z steering on launching a profitable marketing campaign on GoFundMe. The one nonprofit crowdfunding information you’ll ever want. 

Cheers to your upcoming marketing campaign! Go on the market and alter the world. We’re rooting for you right here at CrowdCrux.

The put up 5 Greatest Nonprofit Crowdfunding Websites – 2021 appeared first on CrowdCrux: Crowdfunding Demystified.