Crowd Funding for Non-Profits: MyFundingPlace.com… an asset for Non-Profits

Crowdfunding is one of the remarkable and most successful trends in development circles, having grown tremendously in the past four years. Thanks in part to crowdfunding giants like Kickstarter and Indiegogo, the industry came close to raising $3 Billion for over a million of launched projects last year alone and shows no signs of slowing down.

However as of yet there hasn’t been a portal that Charities and established Non-Profits can sink their teeth into. Many of the larger crowdfunding portals focus on ‘Individual Raises’ (think internet fund-raising for independent films, cool prototypes or medical bills). The peer-to-peer support shown for these valuable causes is astounding, and Non-Profits want in.

MyFundingPlace.com is a local startup based in Quincy, MA is attempting to solve the problem many charities face – lack of development hours and resources – by offering a free-to-use crowdfunding platform, a team of development professionals to help use it. MyFundingPlace.com has a platform that is exclusively reserved for Non-Profit use, though it works quite like other established crowdfunding portals: it turns groups of idle but supportive patrons into a resolute network of fundraisers and donors.

Part of the appeal of platforms like My Funding Place is the security and ease of set-up. Backers appreciate how easy it is to give to their favorite cause – on most sites donations are completed in under a minute. My Funding Place uses that broad appeal to generate interest in charity raises, utilizing social media to promote and circulate new campaigns and further engage an audience with services like email marketing and advertising.

MyFundingPlace.com is also implementing a game changer on it’s site, its “Angel Community”. Angels are development and service professionals from across the nation who join the My Funding Place network and offer advice, information and services to any Non-Profit campaigner in need of aid. The fact that an expert community is at the ready eases first-time campaign concerns, and has been well received.

Karen Darby, founder of Crowdmission, says “2014 will be the defining year for crowd-funding”, a year that could hit a milestone $10BIL raised on crowd-funding platforms. MyFundingPlace.com hopes to bring that success and definition to a primed and ready non-profit world.

 

By: Sallar Khorram

www.CrowdFundingPlanning.com

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