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Crowdfunding: A New Funding Source for NGOs

Crowdfunding: A New Funding Source for NGOs
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Author(s): Majdi Hassen (University of Tunis, Tunisia)and Ibtissem Ouertatani (University of Tunis, Tunisia)
Copyright: 2021
Pages: 6
Source title: Multidisciplinary Approaches to Crowdfunding Platforms
Source Author(s)/Editor(s): Carla Sofia Vicente Negrão (University of Coimbra, Portugal)and João António Furtado Brito (University of Cape Verde, Cape Verde)
DOI: 10.4018/978-1-7998-3226-3.ch010

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Abstract

In this chapter, the research deals with NGOs and their current weight in state's development and public conditions improvement. The researcher also goes to connect the financial challenging faced by NGOs and how the use of crowdfunding platform is important specifically to solicit funding to start, continue, and expand its works. The chapter will highlight the crowdfunding models suitable for NGOs specifically crowdfunding and NGOs in developing countries with describing crowdfunding policies and regulations. Through that, the researcher helps in shaping best practices based on NGO success stories. This chapter will also review previous studies and statistics as a guide for the researcher to present crowdfunding as a tool for the non-profit sector.

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