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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

  • DOI - Digital Object Identifier

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

  • Czech description

Classification

  • Type

    C - Chapter in a specialist book

  • CEP classification

  • 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