Crowdfundig as a New Model of Nonprofit Funding
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F20%3A43958196" target="_blank" >RIV/49777513:23510/20:43958196 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Crowdfundig as a New Model of Nonprofit Funding
Original language description
This chapter focuses on the modern phenomenon arising in the world of project financing - crowdfunding and its meaning for the development of non-profit organizations. Crowdfunding is one of the latest and most powerful methods to finance projects, products, or even businesses. It is a trend with the goal of expanding the possibilities of effective multisource funding for non-profit organizations. This chapter explains the development of crowdfunding and the reasons of its success and the advantages, disadvantages and possible risks related to crowdfunding in nonprofit organizations. It reviews also the crowdfunding regulations in Europe. Then it follows with the presentation of basic crowdfunding models and the comparison of successful crowdfunding platforms. Crowdfunding can be successful only on condition that the activities the non-profit organization offers are beneficial for the community and thus contribute to society’s sustainable development. Crowdfunding as a new fundraising tool has not been enough addressed in scientific literature yet and that we are at the beginning to gain knowledge of it. Now it should be also the center of attention for science and research to secure sustainability; unfortunately, only little research exists in this area, even internationally.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
<a href="/en/project/TL02000055" target="_blank" >TL02000055: Effective marketing as a tool to ensure the competitiveness and sustainable development of non-profit organizations providing social services</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Financing Nonprofit Organizations
ISBN
978-0-367-21104-2
Number of pages of the result
15
Pages from-to
173-187
Number of pages of the book
193
Publisher name
Routledge
Place of publication
Oxon
UT code for WoS chapter
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