A closer look at today's biggest crowdfunding sites for K-12 and beyond

Crowdfunding, which harnesses the “crowd” to gain needed funding for a product or cause instead of specialized donors, and often enlists the use of social media to increase the so-called virality of a project to make it more successful, is unique for education. In the scope of classroom or school crowdfunding, most donations go to a specific fund or cause, and because the money goes to supporting a larger nonprofit organization, donations may be tax-deductible.

Also, because of the nature of crowdfunding for K-12, its structure typically varies slightly from the usual...

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