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Crowdfunding

Facts About Crowdfunding

  • $209K

    Raised since 2015
  • 2,400

    Gifts and counting since 2015
  • 100%

    of your gift is tax deductible

More Crowdfunding Information

  • Fall Semester Students

  • student volunteers at Homecoming

Crowdfunding Tips

When running a crowdfunding project, best practice dictates not just 鈥渟haring on social media鈥 but actual, individualized outreach through either email or social media (i.e. Facebook Messenger). Unfortunately, you cannot do this outreach just once. Instead, you should plan on 3-4 separate messages. Sample templates and their ideal timing are shown below. 

As a reminder, each 鈥渢ouch鈥 via e-mail/Facebook generates only an average of $4. Members of your outreach team should try to reach out to between 20-50 people each in order to have maximum chance of your project being funded.

The biggest myth about crowdfunding is that 鈥業f I build it, they will come.鈥 Crowdfunding is a process that takes time and dedication from many team members.

Here are some other general guidelines and tips for success.

  • Every member of your team should contribute to the project, and early. You cannot expect others to contribute if you haven鈥檛 visibly supported the effort yourselves. The amount does not matter as much as potential donors seeing your name listed.
    • This also allows you to invite your network in 鈥渏oining you鈥 in supporting the project.
  • When you do 鈥渟hare鈥 the project on Facebook, there are many things you can do maximize the impact.
    • Make sure the 鈥渟hare鈥 goes directly to your page, and be sure there is a photo.
    • Write a sentence or two about what the project means to you, don鈥檛 just dump it on your newsfeed without any context.
    • Tag others on your team on every post. That way your post will reach not just your friend list, but theirs as well.
  • Be prepared to provide personal stewardship of some kind to all who donate to your project. A hand-written note, or photo from your trip make great examples of this.
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