Crowdfunding Goes to College

Who’s calling at dinner time? It’s your alma mater looking for a handout. Does that make you want to give?

So, colleges are turning to crowdfunding to raise money for their endowments.

The College of the Holy Cross raised $2 million in 43 hours on GiveCampus.com.

Universities are using crowdfunding to connect to new graduates, some of whom don’t like to open mail and write checks, but would rather click on their credit/debit cards and run.

The University of Maryland has had Launch UMD for over a year now for use by all faculty, students and staff who are raising money for University-based and affiliated initiatives and projects.

https://www.launch.umd.edu
https://www.washingtonpost.com/news/grade-point/wp/2016/04/19/colleges-are-going-online-to-crowdsource-donations-and-theyre-raising-millions/

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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