intro to crowdfunding for nonprofits - case study: not far from the tree
DESCRIPTION
There are hundreds of crowdfunding platforms to choose from and thousands of nonprofit crowdfunding campaigns for people to support. It takes more than just a few clicks to create a successful crowdfunding campaign, so how do you ensure you do it well? Whelena Sainsbury, volunteer and creator of Not Far From the Tree’s crowdfunding campaign, co-lead a workshop on crowdfunding at Toronto Net Tuesday on October 8th, 2013. Whelena shared successes and lessons learned from her crowdfunding experience, and practical tips for nonprofits to successfully complete their crowdfunding campaign. You can watch a recording of the event on TechSoup Canada's YouTube channel: http://www.youtube.com/watch?v=YlzzeKQi6bc Or read a summary of the event's key takeaways at http://www.techsoupcanada.ca/en/community/blog/intro-to-crowdfunding-for-nonprofitsTRANSCRIPT
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Crowdfunding 2013
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About Not Far From The Tree
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Why Crowdfunding?
• Existing Audience
• Needed Funds
• Generate excitement
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How did we do? Some Quick Stats
• Goal: $4,000• Achieved: $6,154• Total Donors: 145• Campaign Duration: 30 days (June 2013)
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What worked for us?
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LOTS of Communication
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Great Range of Rewards
• $10 – shout out • $20 – tote bag• $25 – season launch party ticket• $40 – season launch party ticket and tote bag• $50 – Mama Earth Organics $50 gift certificate• $60 – guaranteed spot on a fruit pick• $120 – celebrity picks • $150 – one spot on a cherry pick and 2 growlers of
Bellwoods cherry beer
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High Level Involvement
• Steering committee• Staff members• Volunteers• Partners • Friends and Family
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What would we change?
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More upfront time
• Filming• Editing• Planning
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Other Potential Changes
• Not spend money on rewards• Charity receipt • PR
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After the Campaign
• Keep in touch with your donors • Celebrate your success• Budget time for reward redemption
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Questions
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THANK YOU!!