Charities Told to Do Their ‘Homework’ on Crowdfunding – Australian charity regulator
The Australian charity regulator has warned the social sector to “do its homework” before embarking on a crowdfunding campaign, in a new online guide.
The Australian Charities and Not-for-profits Commission (ACNC) has launched the guide to help charities, donors and fundraisers with their use of crowdfunding websites.
The guide, called Crowdfunding and Charities, examines the increasingly popular method of online fundraising. Crowdfunding generally sees individuals and organisations set fundraising targets online, and then calls for support from members of the public.