Tips for Donors
Contributing to an EduFunder™ campaign is not the same thing as making a purchase in a store.
By contributing to a campaign you are supporting the hopes and dreams of someone you care about or think has potential to learn and contribute more to life. One of the amazing parts of crowdfunding is pitching in and helping people you’d like to see succeed! It’s very rewarding to see people create their future.
It’s important to know that donations are not refundable.
The returns on helping someone pay for their education are intangible, you accept the risk that the person may experiences changes, delays, unforeseen challenges, and it’s possible that a student you fund might not come to fruition. We leave it up to you to make your own judgment about a campaign’s merits before making a contribution.
THE BIG 3
We’ve compiled the following list, as a starting point, to help you evaluate a campaign before making your contribution:
1) The More Information, The Better.
In order for a campaign to succeed, it should have a thoughtful pitch that makes it clear how funds they raise to move their educational future forward. Campaigns that aren’t transparent with their story, goals, and project status tend not to attract contributors.
Before you contribute to any campaign, assess its story. Ask yourself an important question:
Who IS The Person Behind The Campaign?
- Why are they raising money?
- What are their background and experience?
- Why are they passionate?
- Are photos of the team members included?
- Does the campaigner appear in the campaign’s video?
- Are external links included (websites, news/awards/media coverage, etc.)?
If their background and motivation for the project are not clear in the pitch, or something just doesn’t seem right, maybe it’s not a good idea.
2) Has The Campaign Already Raised Funds?
Successful projects usually secure a strong funding base from close family and friends who know the campaign owners personally.
3) Has The Campaigner Added Any Content To Their Updates Tabs?
The “Updates” tab is used by campaign owners to keep their contributors informed on the progress of their project.
What We Do.
EduFunder™ has a comprehensive system in place to protect contributors from potentially fraudulent campaigns.