Revolution in Fundraising
The community-aspect of Challenges, created using Facebook (Meta) groups, is what helps participants reach their goals and build a connection to your nonprofit. When a participant feels connected to this community, they’ll be more likely to participate in other campaigns your organization holds in the future. The methodology works because it’s based on proven practices from the education sciences. gogetfunding The first major reward crowdfunding success took place in May 2012 when Eric Migicovsky, CEO of Pebble Watch, presold $10.2M worth of his product in 31 days. The need for innovation, and therefore the initiative, ran deeper than the immediate issues raised by COVID-19. Unparalleled challenges were standing in the way of NGOs’ objectives and them achieving the Sustainable Development Goals. In addition, donors should look to see how they can use their resources to incorporate new innovations into their existing programs within countries. This would help to not only scale innov...