Colorado State University taps crowdfunding for donations

A screenshot of CSU’s Charge Crowdfunding platform

FORT COLLINS – Colorado State University has become the first university in the state to open a web-based crowdfunding platform to potential donors

“The overall goal of Charge, the CSU crowdfunding platform, has been to build a more technologically advanced way of giving while creating a more intimate experience for the supporters of CSU,” explained Meg Weber, Executive Director of Annual Giving and Donor Relations. “It allows donors to directly support specific projects at CSU, so their dollars can have an immediate impact in areas where they feel a deep connection with CSU.”

For the beta test, 10 projects developed by students in the Venture Accelerator program in the CSU College of Business’ Institute for Entrepreneurship have been packaged with videos and detailed project information and posted on the Charge website. From an innovative system for carbon sequestration through algae farming to a new approach to outdoor fitness equipment, high-quality longboards for urban transportation to temporary renters’ paint — and the ultimate solution for the perfect s’mores – these projects define the creativity and passion that donors to Charge can encourage and support with gifts beginning at $10.

“Unlike similar crowdfunding programs in the private sector that only fund projects if a certain goal is met, Charge directs 100 percent of gifts to the project designated by the donor, whether the goal is reached, or not,” Weber added. “All gifts will be processed immediately and deposited into the project account in the CSU Student Business Advancement Fund. Some projects will have specific goals and timelines, others may be ongoing, but all the projects funded through Charge will further the land-grant mission of Colorado State.”

This initial 30-day beta test phase of Charge will be followed by the roll-out of additional projects from the College of Engineering’s interdisciplinary School of Biomedical Engineering. The ultimate goal is to be able to roll out the Charge crowdfunding platform to other colleges, departments and units across campus in the fall. Charge will be administered through CSU’s annual giving office.

Pages: 1 2

HEADLINE NEWS

FortuneUncensored Social Network Gab Raises $1 Million in Crowdfunding CampaignFortuneA crowdfunding campaign for Gab, a Twitter-like social network that touts its commitment to freedom of speech, surpassed $1 million yesterday. The company claims it is politically neutral and committ [...]

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

Baltimore SunHarford still opposes crowdfunding sites for school donationsBaltimore SunRaising money through online crowdfunding sites is an ideal way for teachers to find the funds to purchase classroom materials and should be restored, the head of the Harford County teachers' u [...]

FortuneDreamHost Sets Up Crowdfunding Page to Aid Trump Government FightFortuneThe Los Angeles-based web host DreamHost, which is fighting the Department of Justice over its attempt to seize records of visitors to an anti-Donald Trump website, has launched a crowdfunding campaign to a [...]

DualShockersBounty Battle Rolls out the White Carpet with Successful Crowdfunding CampaignDualShockersWhen we last checked in with the indie-obsessed fighting game, Bounty Battle, it was halfway through its $30,000 crowdfunding goal. Now with 3 days left to go, it's surpassed thi [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

GeekZing Smart Light Passes Crowdfunding Goal With Flying Colors ...GeekAt age 31, I still prefer to keep a light on in the hallway, illuminating my way to the bathroom in the middle of the night. (God forbid I step on the creeping cat—or ...and more » [...]

Business.comYou Oversold Your Crowdfunding Campaign – Now What?Business.comIf you've oversold, there's no way to go back in time and prevent it. Your next step should be to streamline what you can control. Crowdfunding can be an unpredictable, exciting experience. But reachi [...]

LITTLE GUIDANCE FROM IRS ON TAXING CROWDFUNDING CONTRIBUTIONSBloomberg BNAWhether it's a musician raising money to produce an album, an inventor with a great idea, or a family in distress that needs help, crowdfunding through platforms such as Indiegogo and Kickstarter has become [...]

ForbesWhat Works In Equity Crowdfunding -- Insights From ResearchForbesAs we have recently celebrated the fourth anniversary of the signing of the JOBS Act into law, it is a good time to take stock of the effect that the legislature had on equity crowdfunding in the United States. It [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |