The concept of crowdsourcing has grown enormously in recent years. People are submitting various causes, from personal to philanthropic, for anyone in the general public to support.
innovations
What began as a concept to fund innovations and creative feats has morphed to include generating money for community projects and the like. These days, many cause-oriented groups and individuals are making tons of money from this type of fundraising method. Mainly with the use of social networks, they can generate donations to serve the purpose of helping others in need.
concern
A major concern with this type of fundraising and generation method is the issue of sustainability. Can you really help people in need in the long run? Is it really an effective way to fund non-profit causes?
What is crowdfunding?
Basically, this form of fundraising for a variety of causes, personal or organizational, asks people online to contribute any amount of money to accumulate and reach a specific amount. Using any of the crowdfunding platforms available, a person creates the pitch page explaining the reason behind the fundraising effort and a target amount is set.
motivated
People are encouraged, but not forced, to make a contribution and there is no limit to how much you can donate, even if you go over the intended amount. At the end of the fundraising period, the funds generated are given to the person who started the campaign. This person must properly transfer or remit the funds in their entirety to the intended recipients.
Good option
Crowdsourcing is a great way to help those in need. This is a good option for those who are physically unable to volunteer but are willing to help.
Where is crowdsourcing commonly used?
Charitable donations are always welcome no matter how massive or limited the donations are. There are numerous causes that can be supported by online fundraising efforts, some of which may be as simple as providing public school teachers with an abundance of supplies for their students. These days, a plethora of funding platforms deal with raising financial assistance for sudden death, disaster relief, and promoting the efforts of non-profit organizations working globally.
fundraising
There are those who raise funds for the families of wrongful death victims all over the world. In addition to helping with burial costs, the funds raised are often used to help families survive, especially if the victims are the sole breadwinner.
disaster relief
As for disaster relief efforts, donations are encouraged to help support the activities of local communities. In some cases, crowdsourcing is done to allow rescue missions to continue despite a lack of funding from the government or any other interested institution.
Nonprofit
Nonprofits have also relied on charitable donations from people around the world to support some of their international relief efforts. There are those that are intended to support global causes that address poverty, world hunger, access to clean running water, HIV/AIDS, and children’s rights and well-being, among others.
Thanks to effective crowdfunding platforms and the desire of more people to extend a helping hand on a global scale, there are plenty of opportunities for everyone to do a little philanthropy.
