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Frequently Asked Questions About I Am Crowd Funding

What is IAmCrowdFunding.com?

 

IAmCrowdFunding.com is a fundraising service platform that provides people who want to raise money an avenue to create, launch and broadcast their campaigns. IAmCrowdFunding is an excellent tool for receiving donations from family, friends, and even strangers who connect with your cause.

 

Is iAmCrowdFunding Free to Join?

 

Yes! Joining iAmCrowdFunding is free! However, there is a standard platform fee levied on any funds raised through the platform, which is 5% of funds raised. As well, A small processing fee of about 2.9% + $0.30 per transaction will also be deducted from each donation which is collected by the credit card processor and seperate from iAmCrowdFunding.com

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Do you recommend sharing my campaign with Facebook or Twitter?

 

Yes! If you're a campaigner, it's a great way to let backers know a little bit more about you. It's an easy way to show backers you're a real person. You may also edit the privacy settings of your Facebook or Twitter account to control what your guests see. The majority of the funding you receive will be a direct result of how well you can campaign your cause. Facebook, Twitter, and other social media outlets are perfect for putting a call to action for your campaign and draw in many possible donors.

 

How does it work?

 

IAmCrowdFunding makes it incredibly easy to raise money online for the things that matter to you most. In less than 5 minutes, you'll be able to personalize your fundraising campaign and share it with the people in your life. With IAmCrowdFunding, the money you collect goes directly to you the moment a donation is made. Each donation you receive is yours to keep with no questions asked. Raising money for yourself or a loved one has never been easier.

 

What can I crowdfund/raise money for?

 

Most people use IAmCrowdFunding to raise money for themselves, a friend or loved one during life's important moments. This includes things like weddings, medical expenses, education/tuition, sports teams , funerals/memorials, and even animals & pets. 

 

Is it Safe & Secure?

 

Your IAmCrowdFunding campaign features the very best in secure payment encryption technology. 

 

How do I get my money that has been raised?

 

Once you have begun your fundraising campaign any and all funds are donated directly to your PayPal account the moment a donation is made, minus processing fee's.

 

Do my donors get charged?

 

No, never. Other crowdfunding sites may charge your donors without you knowing it, however, we do not. Donors are charged only the amount they choose to donate to you.
 

 

Are there any time limits on my campaign?

 

Yes, we limit a campaign to 60 days which works in your favour as it creates a sense of urgency from your potential donors. Campaigns that are "limitless" typically do not do as well.

 

What if I do not reach my fundraising goal?

 

No problem. With IAmCrowdFunding, you keep each and every donation you receive. Reaching your goal is not a requirement at IAmCrowdFunding. 

 

How will I know if someone donates?

 

You will receive an email notification each time a donation is made to your IAmCrowdFunding campaign. In addition you can watch the progress with your "progress meter" on your personal crowdfunding campaign page. 

 

Do I have to use my real name?

 

Yes. IAmCrowdFunding is a site that rewards authenticity, honesty, and transparency.

 

Who will donate to my campaign?

 

Your campaign will be supported by the people that are in your life. This includes friends, family members, loved ones, coworkers, classmates and teammates, and even strangers who may feel a connection to your cause. Only after your campaign receives the support of the people you personally know can it begin to attract the support of others. We strongly encourage campaigners to invite their friends and family to share your campaign via their social media outlets like Facebook and Twitter. 

 

What if I'm not comfortable sharing this with friends & family?

 

Sharing your campaign with friends and family is a part of what makes IAmCrowdFunding work and is strongly suggested. Not only will the people in your life support your campaign, but they will also help spread the word to their friends as well.

 

Do I have to use my Facebook and Twitter account?

 

Although optional, connecting your account to Facebook is highly recommended and makes sharing your campaign with others very easy. A valid Facebook account is required for all campaigns that wish to appear within IAmCrowdFunding's public search directory. We will never post anything to your Facebook account unless you say so.

 

Will my donors get charged any fees?

 

No, never! Donors are charged only the amount they choose to donate to you and that's it.

 

Can donors give privately?

 

Of course. Donors can simply check a box to keep their donations hidden from public view. 

 

What about taxes?

 

Unfortunately, we are unable to provide tax advice since everybody's situation is different. Most donations on IAmCrowdFunding are simply considered to be 'personal gifts' which are not taxed as income. Additionally, only donations made to a legally registered non-profit or charity may be considered eligible for donors to claim as a tax deduction. Again, every situation is different so please consult with a tax professional in your area.

 

How to run a successful campaign?

 

If you're raising money for something that you strongly believe in, chances are that the people in your life will be eager to support you. IAmCrowdFunding gives you the easy-to-use features to share your story with your family, friends, loved ones and community. Every Campaign Organizer should connect their Facebook and Twitter accounts, use high-quality campaign photos or video and clearly explain why they're raising money. Sharing your campaign on Facebook and Twitter is the single most important thing you can do. 

 

Do I have to upload a video?

 

No, while it is not necessary, campaigners who do upload and display a video about their cause typically receive over 340% more funding! 

 

Can I raise money for anything?

 

Almost. As always, common sense should play a factor. DO raise money for personal causes that are purposeful, exciting and inspiring to others. When in doubt, browse our many categories of successful campaigns to see how others use the IAmCrowdFunding platform

 

How can I share my campaign?

 

Every IAmCrowdFunding campaign is given a unique link that's easy to share on Facebook, Twitter, and other social media outlets. We also provide you with an "embed" code which makes it easy to share on your websites and blogs. Sharing your fundraising campaign is easy using IAmCrowdFunding's built-in features like email invitations and Facebook posting.

 

Will IAmCrowdFunding help me get media coverage?

 

The best way to get into the spotlight is to pursue your own local media first. The good news is that your local newspaper and TV news stations are starving for interesting stories like yours. Once your campaign begins to really pick up steam, our team may contact you.

 

How do I know it's safe to donate to someone?

 

With hundreds campaigns, it's not feasible for IAmCrowdFunding to investigate the claims stated by each Campaigner. Rather, we provide visitors with the tools to make an informed decision as to who they choose to support. While IAmCrowdFunding and its payment partners do provide a number of safeguards to deter fraud, we must insist that visitors follow the advice stated on each and every campaign. "Only donate to people you personally know & trust"

 

Why does IAmCrowdFunding have to charge 5%?

 

IAmCrowdFunding has costly operating expenses like any internet service including technology, infrastructure, payroll & benefits for our dedicated team of employees. We intentionally created a business model and platform that allows users to sign-up and launch their campaign's for free. Visitors to our users' campaigns are greeted with a frustration-free giving experience, void of any advertisements.

 

 

IAmCrowdFunding operates on only a 5% fee deducted from each donation received. Very few organizations can claim they help as many people on such a small percentage of gross payment volume. Here is a few examples of what other charitable foundations operate and the %'s they keep. 

 
Red Cross (9.1%)
Susan G. Koman for the Cure (17.8%)
Wounded Warrior Project (41.9%)
 

With IAmCrowdFunding far more money goes directly to the intended recipients than other organizations can claim.

 

Do I have to be a non-profit to use IAmCrowdFunding?

 

Not at all! Anyone can raise money online using IAmCrowdFunding's personalized fundraising campaigns. Our users often raise money for themselves, friends, family, and often strangers in need they want to help out. IAmCrowdFunding was designed to allow everyday people to do amazing things with the money they raise online. 

 

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Posted by Rodney on