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
Date Written: August 20, 2018
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: Suggested Citation