Crowdfunding: A new way of financing for non-profit entities
Date:
2014Abstract:
This chapter provides a brief review of the main ways of obtaining resources from the non-profit entities in order to appreciate the new tools for doing so, as well as the possibilities of new technologies in this field. More specifically, this text analyzes how the social networks and the development of Web 2.0 affect the possibilities of obtaining resources for these organizations through crowdfunding, which represents an additional source of income to help fund projects with very specific characteristics, but is not the only way to enable these organizations to sustain their cost structures.
This chapter provides a brief review of the main ways of obtaining resources from the non-profit entities in order to appreciate the new tools for doing so, as well as the possibilities of new technologies in this field. More specifically, this text analyzes how the social networks and the development of Web 2.0 affect the possibilities of obtaining resources for these organizations through crowdfunding, which represents an additional source of income to help fund projects with very specific characteristics, but is not the only way to enable these organizations to sustain their cost structures.
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