When to use rewards in charitable crowdfunding

Research output: Chapter in Book/Report/Conference proceedingsConference proceedingpeer-review

Abstract

Charitable crowdfunding is an important source of funds for charitable organizations. The offer of tokens or rewards is often used to entice potential donors to donate to a cause. This study investigates when it is beneficial to offer rewards in a charitable crowdfunding campaign. Three design principles are developed from the current literature which aim to help in the creation of a successful crowdfunding campaign. Important factors identified were types of donations a charitable organization usually receives, the groups of donors associated with that organization and the need for one time considerably large donations.

Original languageEnglish
Title of host publicationProceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017
PublisherAssociation for Computing Machinery, Inc
ISBN (Electronic)9781450351874
DOIs
Publication statusPublished - 23 Aug 2017
Event13th International Symposium on Open Collaboration, OpenSym 2017 - Galway, Ireland
Duration: 23 Aug 201725 Aug 2017

Publication series

NameProceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017

Conference

Conference13th International Symposium on Open Collaboration, OpenSym 2017
Country/TerritoryIreland
CityGalway
Period23/08/1725/08/17

Keywords

  • Crowdfunding
  • Rewards
  • Tokenism

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