14 sites to successfully crowdfund your classroom

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 crowdfunding campaign. Where a product-based campaign might offer the donor first release of the product upon production, most school or classroom projects do not have the same type of tangible product — at least not ones that the community can share. For that reason, these types of crowdfunding campaigns typically offer giving levels or project-specific perks to incentivize donors. Levels usually explain what the specific donation amount will do to help the project, whereas perks will offer individual recognition to the donor for their support to the cause. Sometimes it’s as simple as a handwritten thank you note.

According to marketing blog HubSpot, all institutions should look for these three characteristics in a crowdfunding site before moving forward:…Read More

The 9 essentials of crowdfunding for the classroom

Fund your projects easily with these top tips

crowdfunding-classroomAs funding for public education continues to decline, districts, administrators, and classroom teachers struggle to find ways to fill gaps left by budget cuts. Traditional school fundraising methods, such as gift wrap sales, are time intensive and often only raise a small amount of capital.

Fortunately, the advent of the internet has created new fundraising opportunities for schools and educators. One such fundraising mechanism crowdfunding—uses the collective power of individual donors who are united in support of a common cause or goal. It’s been used successfully by movie producers, startup founders, and others with a truly great idea. Teachers are discovering it, too. In the classroom, crowdfunding can be used to fund exciting projects, purchase technology, or supplement resources.

Crowdfunding might sound like a lot of work, but it’s actually quite easy to implement. Here is what you need to know to get started and successfully fund your own projects.…Read More