Development Finance

Crowdfunding raises over $34 billion a year. Here are four things you may not know about it.

Online crowdfunding campaigns are raising more than US$34 billion a year around the world. Image: Unsplash/ Katt Yukawa

Jon Bergdoll

Applied Statistician of Philanthropy, IUPUI

Jacqueline Ackerman

Associate Director of Research, Women's Philanthropy Institute, IUPUI

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More than 1 in 4 donors who contribute by crowdfunding or social media say they give money to social justice causes. Image: The Conversation
Donations tend to support people connected directly or indirectly to donors, such as friends, relatives and friends of their friends. Image: The Conversation

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