Selecting The Best Crowdfunding Platform For Your Organization

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There are some important things to bear in mind when selecting the most appropriate crowdfunding platform for your organization. Make sure that the platform has been accredited by Financial Accountability International (FAI) or Charities Aid Foundation. These organizations are accountable to ensure that crowdfunding platforms comply with certain standards of accountability and transparency.

Additionally, check how often donations are given to charities by the platform. Some platforms will give a percentage of every donation to the charitable pool, which is why it's crucial to look into the information before searching for a suitable platform. Before you launch your campaign, make sure to note any minimum donations required. You can avoid delays and problems if your campaign falls short of these guidelines.

Also, take note of any fees charged by the platform. Certain platforms may charge an upfront deposit or monthly subscription fees or commission rates for transactions done through their website. Before you make any investment decision it's best to take the time to review the terms and conditions.