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Social Media and Crowdfunding Paul Dombowsky & Evelyn So
Workshop Overview Time:		8:30 to 10:30am Speakers:	Paul Dombowsky 	Founder and ceo of Ideavibes / Fundchange 		Evelyn So 		Founder of Noesium Follow-up:	Slides 4
Agenda 8:30	Introductions and Format 8:45	Social Media Overview by Evelyn So Experience from the trenches - what are people experiencing Impact on fundraising efforts 9:15	Crowdfundingby Paul Dombowsky 	What is it and how can you use it? Options for engaging a new generation of donors 	Project based or ‘doable ask’ focused fundraising 10:00Fundchange.com – what is it and how can you participate 10:00	Wrap-up and Questions 4
Crowdfunding - what do you need? ,[object Object]
Business challenge / problem / question you want answered – ideas
 A process and tool for engagement
Trust and commitment in your crowd to take action
 Key performance indicators – what does success look like?
Proof of action – your crowd wants to see what happened2
Donor Generations 4
Where Donors are Giving 4
Online Giving “Fundraising Trends and Challenges in the Canadian Direct Marketing Sector”, a research paper from 009 by Cornerstone Group of Companies shows: ,[object Object],          $73 vs. $30 ,[object Object],2
Who is your crowd? The crowd you know		The crowd you don’t know Social Media Makes the Connection 4
Projects or Doable Asks Easier for most people to wrap their head around a smaller project as opposed to a ‘cure’ or a ‘hospital wing’ Examples: Piece of medical equipment Stream revitalization Education program Conference attendance Sports equipment for a couple kids 5
Examples: Fundchange Post Promote Share Search/Filter Fund Receipt Report Costs: $99 + hst to join includes 2 postings 3.9% processing fee 6

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Social Media and Crowdfunding for Charities by Ideavibes

  • 1. Social Media and Crowdfunding Paul Dombowsky & Evelyn So
  • 2. Workshop Overview Time: 8:30 to 10:30am Speakers: Paul Dombowsky Founder and ceo of Ideavibes / Fundchange Evelyn So Founder of Noesium Follow-up: Slides 4
  • 3. Agenda 8:30 Introductions and Format 8:45 Social Media Overview by Evelyn So Experience from the trenches - what are people experiencing Impact on fundraising efforts 9:15 Crowdfundingby Paul Dombowsky What is it and how can you use it? Options for engaging a new generation of donors Project based or ‘doable ask’ focused fundraising 10:00Fundchange.com – what is it and how can you participate 10:00 Wrap-up and Questions 4
  • 4.
  • 5. Business challenge / problem / question you want answered – ideas
  • 6. A process and tool for engagement
  • 7. Trust and commitment in your crowd to take action
  • 8. Key performance indicators – what does success look like?
  • 9. Proof of action – your crowd wants to see what happened2
  • 11. Where Donors are Giving 4
  • 12.
  • 13. Who is your crowd? The crowd you know The crowd you don’t know Social Media Makes the Connection 4
  • 14. Projects or Doable Asks Easier for most people to wrap their head around a smaller project as opposed to a ‘cure’ or a ‘hospital wing’ Examples: Piece of medical equipment Stream revitalization Education program Conference attendance Sports equipment for a couple kids 5
  • 15. Examples: Fundchange Post Promote Share Search/Filter Fund Receipt Report Costs: $99 + hst to join includes 2 postings 3.9% processing fee 6
  • 16. Examples: Crowdrise (US only) Post Promote Fund Report 6
  • 17.
  • 18. It’s social – the crowd won’t promote projects that aren’t shareable
  • 19. Success comes to those that are actively building a crowd
  • 20. A challenge for organizations new to social media
  • 21. It’s the free market at work
  • 22. It’s the free market at work
  • 23. Build stickiness to the project
  • 24. Need to pay attention to write-up to inspire funders8
  • 25.
  • 26. Because your efforts are only as good as the crowd you are able to mobilize to your cause, it makes sense that your organization strategically manages and promotes its brand online.
  • 27. Make sure your target audience is online and will give online
  • 28. If you opt to post your projects on established crowdfundingsites, do your homework – be careful of the company you keep. 8
  • 29.
  • 30. “The Wisdom of Crowds” – book by James Sudwecki
  • 32. “Fundraising Trends and Challenges in the Canadian Direct Marketing Sector”, a research paper released in 2009 by Cornerstone Group of Companies 4
  • 33. Thank you Paul Dombowsky | 613.878.1681 | paul@ideavibes.com Evelyn So | 647.223.3804 | evelyn.so@noesium.com