Crowdfunding, is the process of raising funds online for
your cause, project or idea. SignVine is the crowdfunding solution designed
specifically for the Sign Industry to assist non-profit organizations purchase
message signs.
But which non-profit organization should consider using crowdfunding to help purchase a message sign?
1.
Lacks on-hand funds to purchase a message sign.
This is the obvious example. If a non-profit group lacks the funds why not crowdfund
raise them?
2.
Has the funds to purchase the project but doesn’t
want to dip into the savings account. Why should they risk savings when they can
create new funding and not deplete their cash?
3.
A non-profit that could obtain financing but
chooses to not carry additional debt. Crowdfunding is not re-paid, it’s a
contribution.
4.
Has the technical ability to execute their own
donation campaign with a website already in place and a donation page already
set-up. It takes time and effort to create a professionally presented campaign
and perhaps the non-profit does not wish to tie up their staff and resources.
5.
Unskilled in fund raising and needs attention
and focus to set-up an online campaign and promote it regardless of available
cash.
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