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Crowdfunding 2013

Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

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There are hundreds of crowdfunding platforms to choose from and thousands of nonprofit crowdfunding campaigns for people to support. It takes more than just a few clicks to create a successful crowdfunding campaign, so how do you ensure you do it well? Whelena Sainsbury, volunteer and creator of Not Far From the Tree’s crowdfunding campaign, co-lead a workshop on crowdfunding at Toronto Net Tuesday on October 8th, 2013. Whelena shared successes and lessons learned from her crowdfunding experience, and practical tips for nonprofits to successfully complete their crowdfunding campaign. You can watch a recording of the event on TechSoup Canada's YouTube channel: http://www.youtube.com/watch?v=YlzzeKQi6bc Or read a summary of the event's key takeaways at http://www.techsoupcanada.ca/en/community/blog/intro-to-crowdfunding-for-nonprofits

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Page 1: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

Crowdfunding 2013

Page 2: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

About Not Far From The Tree

Page 3: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

Why Crowdfunding?

• Existing Audience

• Needed Funds

• Generate excitement

Page 4: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

How did we do? Some Quick Stats

• Goal: $4,000• Achieved: $6,154• Total Donors: 145• Campaign Duration: 30 days (June 2013)

Page 5: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

What worked for us?

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LOTS of Communication

Page 7: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

Great Range of Rewards

• $10 – shout out • $20 – tote bag• $25 – season launch party ticket• $40 – season launch party ticket and tote bag• $50 – Mama Earth Organics $50 gift certificate• $60 – guaranteed spot on a fruit pick• $120 – celebrity picks • $150 – one spot on a cherry pick and 2 growlers of

Bellwoods cherry beer

Page 8: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

High Level Involvement

• Steering committee• Staff members• Volunteers• Partners • Friends and Family

Page 9: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

What would we change?

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More upfront time

• Filming• Editing• Planning

Page 11: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

Other Potential Changes

• Not spend money on rewards• Charity receipt • PR

Page 12: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

After the Campaign

• Keep in touch with your donors • Celebrate your success• Budget time for reward redemption

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Questions

Page 14: Intro to Crowdfunding for Nonprofits - Case Study: Not Far From the Tree

THANK YOU!!