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East Africa Crowdfunding Landscape Study
REPORT | OCTOBER 2016 East Africa Crowdfunding Landscape Study REDUCING POVERTY THROUGH FINANCIAL SECTOR DEVELOPMENT Seven Things We Learned 1 2 3 4 East African East Africa’s Crowdfunding There’s appetite to crowdfunding platforms report risks and the do business and to markets are on promising regulatory learn more from the move. progress. environment. across East Africa. Crowdfunding platforms Since 2012 M-Changa In Kenya, for example, Over 65 participants at- (donation, rewards, debt has raised $900,000 Section 12A of the Capi- tended the Indaba & and equity) raised $37.2 through 46,000 tal Markets Act provides a Marketplace from all cor- million in 2015 in Kenya, donations to 6,129 safe space for innovations ners of the East African Rwanda, Tanzania and fundraisers. Pesa Zetu to grow before being sub- market. Uganda. By the end of Q1 and LelaFund are also ject to the full regulatory 2016, this figure reached opening access to their regime. $17.8 million – a 170% deals on the platform. year-on-year increase. 5 6 7 East Africa’s MSMEs ex- There are both commercial Global crowdfunding press a demand for alterna- and development oppor- markets are growing tive finance, but they’re not tunities for crowdfunding fast but also evolving. always investment-ready or platforms in East Africa. Finance raised by crowdfunding able to locate financiers. Crowdfunding platforms have the platforms worldwide increased from 45% of Kenyan start-ups sampled re- potential to mobilise and allocate $2.7 billion in 2012 to an estimated quire between $10,000 and $50,000 capital more cheaply and quickly $34 billion in 2015. -
Innovative Financing of Creative Projects on the Kickstarter Platform: Ukrainian and Polish Experience
E3S Web of Conferences 166, 13019 (2020) https://doi.org/10.1051/e3sconf/202016613019 ICSF 2020 Innovative financing of creative projects on the Kickstarter platform: Ukrainian and Polish experience Iuliia Gernego1,*, Liudmyla Petrenko2, Mykhailo Dyba1, and Vitalii Tsarov2 1Kyiv National Economic University named after Vadym Hetman, Corporate Finance and Controlling Department, 54/1 Peremohy Ave., Kyiv, 03057, Ukraine 2Kyiv National Economic University named after Vadym Hetman, Business Economics and Entrepreneurship Department, 54/1 Peremohy Ave., Kyiv, 03057, Ukraine Abstract. In the era of digital economy, the crowdfunding platforms provide the background to mitigate cross-country differences within project financing. In particular, creative projects are important as a vital driver in maintaining business and social sector competitive. Thereby, research problem lays upon the potential of providing crowdfunding support to overcome the creative project divide in different countries. The paper aims to provide scientific support on creative projects innovative financing in Ukraine and Poland within Kickstarter. The research methodology is based on Kickstarter data (10 years; 83 industries and 898 projects) processed by statistical analysis. The Concentration Ratio (CR) was modified to measure the concentration of efforts, considering the largest creative industries within Kickstarter platform. The results section represents high rates of concentration of efforts for Ukrainian creative projects that commercialize tangible physical goods: Product Design and Gadgets. At the same time, in Poland the main concentration of efforts is in the field of intangible intellectual products: Tabletop Games and Video Games. Thus, digital platform is a reflection of interrelations between intangible and tangible values in economies. The study results can be used within national programs of creative innovative projects financial support. -
Crowd Power – Success & Failure, the Key to a Winning Campaign
CROWD POWER Success & Failure: The Key to a Winning Campaign Davinia Cogan and Simon Collings 1 CONTENTS 1.0 Executive Summary ...................................................................................................................................3 2.0 Introduction ....................................................................................................................................................5 3.0 The Layers of Success ..............................................................................................................................7 3.1 Donation .........................................................................................................................................................11 3.1.1 Choosing the Right Platform....................................................................................................................................................................11 3.1.2 The Campaign Period ..................................................................................................................................................................................13 3.1.3 Implementing Campaign Goals & Success into the Future .......................................................................................16 3.1.4 Q&A – Kenya Green Supply ..............................................................................................................................................18 3.2 Reward .......................................................................................................................................................... -
Field Guide to Software for Nonprofit Immigration Advocates, Organizers, and Service Providers
THE FIELD GUIDE TO SOFTWARE FOR NONPROFIT IMMIGRATION ADVOCATES, ORGANIZERS, AND SERVICE PROVIDERS By the Immigration Advocates Network and Idealware THE FIELD GUIDE TO SOFTWARE FOR NONPROFIT IMMIGRATION ADVOCATES, ORGANIZERS, AND SERVICE PROVIDERS By the Immigration Advocates Network and Idealware THE FIELD GUIDE TO SOFTWARE FOREWORD Welcome, The Field Guide to Software is a joint effort between the Immigration Advocates Network and Idealware. Through straightforward overviews, it helps pinpoint the types of software that might be useful for the needs of nonprofit immigration advocates, organizers, and service providers and provides user- friendly summaries to demystify the possible options. It covers tried-and-true and emerging tools and technolgies, and best practices and specific aspects of nonprofit software. There’s also a section to guide you through the sometimes daunting process of choosing and implementing software. We know you have your hands full and don’t always have time to keep up with the latest information about the software that can help your organization. That’s where this guide can help. Thank you for all you do to make the world a better place. We hope this Field Guide will help you do it all just a little more easily. Matthew Burnett Karen Graham Director, Executive Director, Immigration Advocates Network Idealware iii THE FIELD GUIDE TO SOFTWARE TABLE OF CONTENTS TABLE 1. Introduction 7 • Understanding What You Need 8 • Every Organization Needs 10 2. Case Studies: Putting Tools to Use 13 • Using Technology to Expand Legal Services: Ayuda Delaware 14 • A Holistic Approach to Serving Immigrants: Benevolent Charities of Oklahoma 17 • Giving Voice to Immigrants: Idaho Coalition for Immigrants and Refugees 20 3. -
THE PEER-TO-PEER FUNDRAISING TECHNOLOGY LANDSCAPE an Overview of Leading Peer-To-Peer Fundraising Software Platforms and Their Functionality 2018 EDITION
INCLUDES THE GUEST ARTICLE “Fundraging with Friends” BY AMY SAMPLE WARD CEO, NTEN THE PEER-TO-PEER FUNDRAISING TECHNOLOGY LANDSCAPE An Overview of Leading Peer-to-Peer Fundraising Software Platforms and Their Functionality 2018 EDITION © 2018 Cathexis Partners Version 1.1 ABOUT THIS GUIDE This guide was created for nonprofits as an introduction to some of the leading software platforms available today for peer-to-peer online fundraising. It provides an overview of 39 products and their functionality in six areas: • Design capabilities • Engagement capabilities • User interface • Administrative interface • Integration capabilities • Pricing Important Notes This guide covers many of the leading platforms available for peer-to-peer fundraising as of the guide’s writing. The world of peer-to-peer fundraising technology is continually changing; vendors are continually updating and enhancing their platforms and introducing new features. This guide offers an introduction to each platform, and does not attempt to include every detail about every feature included in each platform. Cathexis Partners strongly recommends that organizations review their specific requirements to support their campaign(s), mission, and audience; request software demos; and closely review any contracts with software platform vendors before making a software purchase. Cathexis Partners has not received compensation for including any product or information in this guide. Please note: The example campaigns provided in this guide may be seasonal, and links may not work in the future. © 2018 Cathexis Partners The Peer-to-Peer Fundraising Technology Landscape 2 SOFTWARE PLATFORMS INCLUDED • Arreva • GivingGrid • CauseVox • Giving Spirit • Charidy • GlobalGiving • CharityEngine by BIS Global • iRaiser • CharityWeb • Kindful • Classy • Mightycause (previously Razoo) • Click & Pledge • NeonCRM by Z2 Systems, Inc. -
Of an Effective Peer-To-Peer Campaign Classy.Org 1 TABLE of CONTENTS
PLAN THE RECRUIT OF AN EFFECTIVE ENGAGE PEER-TO-PEER CAMPAIGN FINISH RESOURCE GUIDES The 4 Phases of an Effective Peer-to-Peer Campaign classy.org 1 TABLE OF CONTENTS CHAPTER 1 CHAPTER 2 The 4 Phases of an Effective Peer- Peer-to-Peer Fundraising Basics to-Peer Campaign PAGE 3 PAGE 7 What is Peer-to-Peer Fundraising? Taking a Balanced Approach to PAGE 4 Peer-to-Peer Fundraising PAGE 8 Why does Peer-to-Peer Work so The Planning Phase PAGE 12 well? PAGE 5 The Recruiting Phase PAGE 19 By the Numbers PAGE 6 The Engagement Phase PAGE 25 The Finishing Phase PAGE 30 SUPPLEMENT New! Peer-to-Peer Campaign Readiness Assessment PAGE 34 The 4 Phases of an Effective Peer-to-Peer Campaign classy.org 2 Chapter 1 Peer-to-Peer Fundraising Basics The 4 Phases of an Effective Peer-to-Peer Campaign classy.org 3 What is Peer-to-Peer Fundraising? Peer-to-peer fundraising is a specific type of crowdfunding—“crowdfunding” being the term that’s commonly used to describe a collective effort to pool money together in support of a common goal. At Classy, we group crowdfunding efforts into two basic categories: single-tier crowdfunding and multi-tier crowdfunding. SINGLE-TIER Crowdfunding sites like Kickstarter and Indiegogo are “single-tier” because the user sets up a single campaign page and then reaches out to his or her contacts for contributions. DONOR DONOR DONOR MULTI-TIER Peer-to-peer fundraising is “multi-tier” because after the user sets up a campaign page, other supporters then create individual fundraising pages tied to the main campaign page and share those individual pages with friends and family to request donations (hence “peer-to-peer”). -
Ten Key Characteristics of Creating a Culture of Innovation
Intentional Innovation How Getting More Systematic about Innovation Could Improve Philanthropy and Increase Social Impact August 2008 Intentional Innovation: How Getting More Systematic about Innovation Could Improve Philanthropy and Increase Social Impact Prepared for the W. K. Kellogg Foundation August 2008 By Gabriel Kasper, Monitor Institute and Stephanie Clohesy, Clohesy Consulting FOREWORD TABLE OF CONTENTS FOREWORD Foreword ………………………………………………………………………………………………….…..………. 4 Introduction – Three Short Stories about Systematic Innovation ……………………………..…………..…… 6 A Framework for Thinking About Innovation in Philanthropy ………………………………………..…......…. 11 Setting the Conditions …………………………………………………………..……………….…..….….. 14 Problem or Opportunity Definition ………………....……………………………….....……..……..…..… 15 Idea Generation …………………………………………………………………………….…......…...…… 18 Piloting & Prototyping ………………………………………...……………………………………..……… 22 Diffusion & Scaling …………………………………………………...………………………………..…… 26 Culture for Innovation …………………………………………...…………………………………..……… 29 Opportunities for Innovation in Philanthropy ……………………………………………………..……...……… 34 Roles in the Innovation Process ………………………………………………………………………....…..…… 57 Conclusion …………………………………………………………………………………………….......…...…… 65 Selected Resources ……………………………………………………………………………………..........…… 68 FOREWORD FOREWORD FOREWORD By Sterling Spe FOREWORD By Sterling Speirn, Anne Mosle and Tom Reis, W.K. Kellogg Foundation Innovation is about what’s new and what’s next. It’s about that exciting leap forward into uncharted territory. -
Crowdfunding Projects of the Academic Community
Jagiellonian Journal of Management vol. 3 (2017), no. 3, pp. 209–222 doi:10.4467/2450114XJJM.17.013.9564 www.ejournals.eu/jjm Crowdfunding projects of the academic community Marta Tutko1 https://orcid.org/0000-0002-8359-8081 The Jagiellonian University in Kraków, Faculty of Management and Social Communication, Institute of Economics, Finance and Management Abstract The goals of the paper are: (1) to examine to what extent is the academic community in- volved in creating their own or supporting other crowdfunding projects and (2) indicate the types of educational or scientific projects that are the most suitable for crowdfunding financing. The diagnostic survey method was applied. Questionnaires were completed by 314 full-time students and 34 academic teachers of the Institute of Economics, Finance and Management, of the Faculty of Management and Social Communication, at the Jag- iellonian University in Krakow. It can be assumed that the academic community is hardly involved at all in creat- ing their own or slightly involved in supporting others’ crowdfunding projects. The most proper for crowdfunding financing types of the projects are: (1) for the entire academic community: educational event and setting up and equipping the student area, (2) for stu- dents: learning foreign languages and purchase of materials for the study process, (3) for academic teachers: conducting an experiment and book publication. Paper type: research article Key words: crowdfunding, crowdfunding project, higher education, academic community. Introduction One of the challenges for academic communities (students and academic teachers) is insufficient financial resources for their activities, especially in the area of educa- tion and research. -
Crowdfunding Cheat Sheet
Crowdfunding Cheat Sheet Crowdfunding is a new, transformative capital-raising process empowered by technology that turns the trust and goodwill of your network into funds to start or grow your business by allowing a large number of people to share small amounts of their social, creative, and financial capital Type of Donation Rewards Investment (JOBS Act) Intrastate/DPO Lending Crowdfunding contributions in exchange securities, unaccredited securities, online platforms for rewards or perks, and accredited** investors, unaccredited and How does it fundraising for personal that match pre-sales/pre-payment for subject to SEC rules - accredited** work? needs or causes borrowers with products before Reg CF, Reg D (506c), investors with individual lenders manufacturing Reg A+ state-specific rules individuals, individuals, startups & existing startups & existing businesses pre-startups, startups Who is it for? individuals, nonprofits pre-startups, startups, businesses with local with an investor strategy & existing existing businesses, nonprofits focus businesses ArtistShare ~ Barnraiser AgFunder** ~ AngelList** ~ Bankroll CaringCrowd ~ Causes Credibles ~ Crowd Supply CircleUp** ~ Crowdfunder** CauseVox ~ Classy Experiment ~ Fundable Crowdfund Mainstreet ~ EquityNet** CrowdRise ~ Deposit-a-Gift Hatchfund ~ iFundWomen Fundable** ~ Honeycomb Credit DonorsChoose ~ FirstGiving no platform needed Examples of Indiegogo ~ InKind Localstake ~ Manhattan Street Capital Kiva* Fundly ~ Fundrazr or state-specific Kickstarter ~ Patreon -
POLICY PLAN 0.3 FOUNDATION 22STARS 2018-2022 Updated
POLICY PLAN 0.3 FOUNDATION 22STARS 2018-2022 Updated: 15 November 2018 Stichting 22STARS Kasteelplein 73 4811 XC Breda [email protected] www.foundation22stars.org RSIN: 85744249 KVK-nummer: 68437870 Policy Plan 22STARS Foundation 2018-2022 www.foundation22stars.org Table of Contents Prefex ......................................................................................................................................... 3 1.Introduction ............................................................................................................................ 4 1.2 Mission and vision ....................................................................................................................... 5 1.3 Objectives ..................................................................................................................................... 5 2. Background story of the 22STARS Foundation ................................................................... 6 3. Target group .......................................................................................................................... 7 4. Programs ................................................................................................................................ 7 5. Foundation Board members ................................................................................................. 8 5.1 Foundation Team member including ambassadors ................................................................... 9 6. Finances .............................................................................................................................. -
Implementing Equity Crowdfunding in the Record
Marketing madness or financial folly? Implementing equity crowdfunding in the record industry Purpose The purpose of this paper is to explore the implementation of equity crowdfunding within the record industry in terms of challenges and opportunities, in addition to the marketing and financial implications for independent music artists and major record labels. Design/methodology/approach This study adopted a qualitative methodology consisting of a two-stage interview-based research methods. A total of 44 semi-structured in-depth interviews were conducted with the CEOs of equity crowdfunding platforms in the record industry, other related record industry informants, independent artist managers and senior executives from major record labels. Findings The loyalty aspect of ECF may have significant marketing potential in terms of inconspicuously using the equity platform as a ‘prosumer’ identification mechanism. As this early career stage of artists is delicate in terms of establishing trust and patronage from their fans, these early marketing and ECF ventures should be implemented directly from the artist without external third-party involvement. Research limitations/implications The implications of this paper’s findings and theoretical model are not limited to the two studied stakeholder groups of the record industry. The insights in relation to the obstinate lack of understanding and clarity (particularly for independent artists) which surround Equity crowdfunding are likely to influence short-term strategic approaches by other players throughout the wider music industry. Practical implications The insights regarding negative approaches towards ECF by the labels may influence future ‘coopetition strategies’ for independent labels as they seek to navigate the changing industry dynamics. Originality/value This paper is the first study to empirically explore the predominantly under-researched area of ECF implementation in the record industry in terms of marketing and financial consequences for artists and labels. -
Reclaiming Democracy
RECLAIMING DEMOCRACY GLOBAL PHILANTHROPY FORUM CONFERENCE SAN FRANCISCO BAY | APRIL 1–3 RECLAIMING DEMOCRACY GLOBAL PHILANTHROPY FORUM CONFERENCE APRIL 1–3, 2 19 SAN FRANCISCO BAY 2019 Global Philanthropy Forum Conference This book includes transcripts from the plenary sessions and keynote conversations of the 2019 Global Philanthropy Forum Conference. The statements made and views expressed are solely those of the authors and do not necessarily reflect the views of GPF, its participants, World Affairs or any of its funders. Minor adjustments have been to remarks for clarity. In general, we have sought to preserve the tone of these panels to give the reader a sense of the Conference. The Conference would not have been possible without the support of our partners and members listed below, as well as the dedication of the wonderful team at World Affairs. Special thanks go to the GPF team— Meghan Kennedy, Angelina Donhoff, Suzy Antounian, Claire McMahon, Carla Thorson, Julia Levin, Taytum Sanderbeck, Jarrod Sport, Laura Beatty, Sylvia Hacaj, Isaac Mora, and Lucia Johnson Seller—for their work and dedication to the GPF, its community and its mission. STRATEGIC PARTNERS Charles Stewart Mott Foundation Anonymous Newman’s Own Foundation The Rockefeller Foundation The David & Lucile Packard Margaret A. Cargill Foundation Foundation Horace W. Goldsmith Foundation Sall Family Foundation World Bank Group SUPPORTING MEMBERS African Development Fund MEMBERS The Leona M. and Harry B. Helmsley William Draper III Charitable Trust Draper Richards Kaplan Foundation Conrad N. Hilton Foundation Felipe Medina Humanity United Inter-American Development Bank International Finance Corporation MacArthur Foundation The MasterCard Foundation The Global Philanthropy Forum is a project of World Affairs.