Crowdfunding by Non-Profit and Social Ventures

Forthcoming in: Handbook of Research on Crowdfunding, edited by Hans Landstrom, Annaleena Parhankangas and Colin Mason

28 Pages Posted: 25 Apr 2018 Last revised: 20 Aug 2018

See all articles by Maija Renko

Maija Renko

University of Illinois at Chicago

Todd W. Moss

Syracuse University

Anna K. Lloyd

University of Illinois at Chicago

Date Written: August 20, 2018

Abstract

Non-profits and social enterprises face significant financing challenges that include problems in securing public funding, unpredictability and discontinuities in grant funding from foundations and charities, and the difficulty of generating earned income. Crowdfunding has emerged as a promising new option for securing large numbers of small donations from the socially conscious crowd for the needs of projects run by both established non-profit organizations as well as socially focused startups. This chapter reviews the current state of academic research on the topic of social venture and non-profit crowdfunding, and makes suggestions for future research in this area.

Keywords: crowdfunding, social enterprise, non-profit organization

JEL Classification: M13

Suggested Citation

Renko, Maija and Moss, Todd W. and Lloyd, Anna K., Crowdfunding by Non-Profit and Social Ventures (August 20, 2018). Forthcoming in: Handbook of Research on Crowdfunding, edited by Hans Landstrom, Annaleena Parhankangas and Colin Mason. Available at SSRN: https://ssrn.com/abstract=3166655

Maija Renko (Contact Author)

University of Illinois at Chicago ( email )

601 S. Morgan St. (M/C 243)
University Hall 2203
Chicago, IL 60607-7122
United States

HOME PAGE: http://business.uic.edu/faculty/maija-renko

Todd W. Moss

Syracuse University ( email )

900 S. Crouse Avenue
Syracuse, NY 13244-2130
United States

Anna K. Lloyd

University of Illinois at Chicago ( email )

1200 W Harrison St
Chicago, IL 60607
United States

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