Tag Archives: crowdfunding

Six crowdfunding myths grassroots groups fall for

In the past decade, online crowdfunding has gone from experimental technology to budgetary mainstay.

In the beginning, crowdfunding was an intriguing new approach that individuals and grassroots groups could try as a way of gaining support for their work. Now, it’s become a cornerstone of countless project budgets for both unincorporated initiatives and established nonprofits that brings in tens of billions of dollars annually. Continue reading Six crowdfunding myths grassroots groups fall for

How they did it: Two Detroit projects draw on ioby resources to succeed

ioby is a community crowdfunding platform. In the past 10 years, we’ve helped more than 1,500 local leaders raise over $4.5 million to improve their neighborhoods.

But as proud as we are of these numbers, there’s much more to ioby than fundraising.

ioby is also a connector, an advocate, and an information hub. We offer leaders free guides, webinars, events, and more to help them build successful campaigns and win lasting positive change where they live. On and offline, we build connections that increase accountability and get things done. In the face of daunting bureaucracy, we can help you surmount roadblocks. We’re even known to chip in with yard work on occasion!

Continue reading How they did it: Two Detroit projects draw on ioby resources to succeed

Awesome Project: STREETS Ministries uses data to diversify funding streams

For faith-based community organizations, fundraising can pose particular opportunities and challenges. Megan Klein, Chief Development & Communications Officer at STREETS Ministries in Memphis, puts it this way: “It’s heaven and hell all together.”

Continue reading Awesome Project: STREETS Ministries uses data to diversify funding streams

Gateway funding: Leveraging your crowdfunding campaign to win more money for your project

At ioby, we often talk about the many non-monetary benefits of crowdfunding for neighborhood projects. When local leaders crowdfund, they strengthen relationships in their community, build their own capacity to lead, and encourage the buy-in that creates lasting community stewardship, among other perks.

But there’s another important facet of crowdfunding that’s neither the money raised during the campaign, nor these types of non-financial equity. It’s this phenomenon: a successful round of crowdfunding has the power to attract other types of funding to your project.

Continue reading Gateway funding: Leveraging your crowdfunding campaign to win more money for your project

Funders! Matching crowdfunding campaigns gets your money closer to the ground

Health foundations exist to improve the wellbeing of the communities they serve. That’s why their grantmaking is often focused on local nonprofit organizations. And that’s great.

But did you know there’s a way for foundations to get their funding even closer to the ground, and encourage more community engagement in health initiatives—while helping to generate additional money for beneficial programs and projects?

All these things are possible when foundations leverage the benefits of community crowdfunding to boost the impact of their efforts and dollars.

Continue reading Funders! Matching crowdfunding campaigns gets your money closer to the ground

Administration, competition, restriction: Why going nonprofit is not always good for grassroots groups

If you and your neighbors have been working on a project to improve your community, the idea that you should file for nonprofit status has likely come up. That’s understandable, since there are good reasons for some groups to do so.

But for other groups—especially small ones just starting out—incorporating can be an unnecessary, and even counterproductive, expenditure of time and money. In some cases, it can be such a drain that it actually deprives communities of the very services the group is working to provide!

Continue reading Administration, competition, restriction: Why going nonprofit is not always good for grassroots groups

Winter fundraising: How to get attention & dollars for your project after the holiday rush

Toward the end of each year, many Americans give more than thanks and gifts.

As you’re likely aware, the six-or-so winter weeks between Giving Tuesday (the Tuesday after Thanksgiving) and the start of the New Year is when one third of annual giving takes place. Despite a fairly disastrous news year in 2017, donors remained energized, and gave even more generously this past “giving season” than the one before.

That’s great news, but it does beg the question: what happens once that holiday rush is done? How can people and organizations trying to better their communities still fundraise effectively once giving season is over and it’s just plain old boring winter for the next few months? (Or maybe for you it begs the question: “I started this project, but now I’m wondering if the timing is all wrong. Help!”)

Continue reading Winter fundraising: How to get attention & dollars for your project after the holiday rush

Nerd alert! Shiny new data about our ioby community and fundraising!

How does ioby staff help project leaders decide which fundraising strategies are best? Well, up to this point, experience, “best practices,” and intuition have been our guide. ioby Leader Success Strategists, ioby’s in-house fundraising coaches, have supported 1,400 ioby Leaders in raising over $4 million in funding. They’ve done this work for years. “We have a pretty good sense for which strategies are helpful to ioby Leaders and which are duds” says Lauren Patti, Leader Success Strategist since 2014, “but we can do even better.”

Continue reading Nerd alert! Shiny new data about our ioby community and fundraising!

10 great crowdfunding projects for nonprofit arts organizations

Arts nonprofits help people express themselves and build community to create new ways of looking at the world. In order to do this well, arts groups need to juggle many priorities, from planning programs to spreading awareness on social media to enlisting volunteers – and of course, there’s FUNDRAISING.  At ioby, we think crowdfunding can be an important tool in every nonprofit’s toolkit, and arts nonprofits have been some of our greatest fundraisers.

Continue reading 10 great crowdfunding projects for nonprofit arts organizations