British fundraising website goes under amid controversy
July 31, 2013
Because we live in such a digital age, it would make sense that when trying to fundraise, nonprofit leaders increasingly take to the Internet. After all, many potential donors are already online, browsing the Web regularly and updating their social media pages. So it would follow that many administrators see the Internet as presenting a host of opportunities.
However, as within any other industry, there are a number of people who might use technology to take advantage of unsuspecting people.
According to The Telegraph, British fundraising website CharityGiving was forced to shut down by the Charity Commission when leaders couldn't account for £250,000 that was donated. The crowdfunding website had operated legitimately for some time.
This is not to say that would-be donors should abandon their intentions to give money online. Forbes reported that there are many websites that are valid platforms on which individuals can be generous with their money. Kickstarter, Crowdrise and Somolend are among the numerous reputable options out there, so it might just take a little research.
Organizations that are looking to raise funds through grant opportunities or local campaigns can use nonprofit financial management solutions to improve their chances of success. The software can help program leaders identify potential donors and send out applications with accurate accounting information.