Funding4Learning

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Funding4Learning
Fundinf4Learning.png
Type of site
Crowdfunding
Available in English
Website http://www.funding4learning.com
Commercial Yes
Launched May 2011

Funding4Learning is a "human capital oriented"[1] crowd funding platform for educational projects. Funding4Learning provides its users with fundraising tools for study, volunteering, as well as a diverse array of education related initiatives.

Concept[edit]

Funding4Learning, as other "crowdfunding dubbed"[2] platforms, allows users to create a fundraising page for their funding initiative, offer "rewards" in accordance with different levels of contributions, and start a social media-based publicity and word of mouth effort.[3]

Unlike similar sites such as Kickstarter or Indiegogo, Funding4Learning is a specialized[4] crowdfunding site that dedicates entirely to education related projects.

Funding4Learning uses PayPal as their main provider for all the fundraising payment's processing and transaction services.

Model[edit]

Funding4Learning works with an "all or nothing" approach, which means that the collected funds are disbursed only if the fundraising campaign is successful. However, a contributor is allowed to make a "direct contribution", which is guaranteed to be paid whether or not the campaign is successful. Funding4Learning charges 5% of funds disbursed from a successful campaign, and 5% of all direct contributions.[5]

While there is no guarantee that users that post campaigns on Funding4Learning will undertake the educational program presented on their campaigns or deliver on their promise of a reward, Funding4Learning asks its users to post their resumes on their campaign website and advises donors to use their own judgment when supporting a campaign.[6]

See also[edit]

References[edit]

External links[edit]