There’s a new platform in Australia aimed at not-for-profits and social enterprises and it’s got a hard-to-beat angle: Fee Free Crowdfunding. With Chuffed immediately taking an average of 5 per cent off the costs to crowdfunders this is sure to gain a lot of attention from those in the target market.
The quick facts
Chuffed is aimed at social enterprises, not-for-profits and community organisations. They run both all or nothing as well as keep all campaigns. They do not charge any fees to use the platform, but there will be transaction costs of 1.4 per cent plus 30c per transaction. There is an optional donation as well, allowing crowdfunders to choose what amount they are willing to contribute towards the administration side of Chuffed.
If you are passionate about being a social entrepreneur, then you may feel like getting into the Christmas feeling early. Chuffed are encouraging social enterprises and not-for-profits with a nice Christmas promotion.
The Chuffed Christmas promotion is open to Australian social enterprises and not-for-profit organisation to run crowdfunding campaigns with the potential to win cash prizes.
The promotion is running now until Christmas Eve and a total of $5,000 is being given away:
- The first 8 campaigns to raise $5,000 win $250;
- The first campaign to raise $10,000 wins $1,000;
- The first campaign to raise $20,000 wins $2,000.
There are of course Terms and Conditions that you can find on the Chuffed Christmas Promotion page.
With the Telstra Foundation as Founding Sponsor and pro bono supporters from a practical viewpoint, Chuffed are focussed on supporting and growing social projects in Australia. Chuffed is the latest brainchild of Prashan Paramanathan, who earlier this year launched Chip In.
About Chuffed
From their website: Chuffed is Australia’s first non-profit crowdfunding service dedicated to not-for-profit and social enterprise projects. Its mission is to connect generous Australians with awesome social organisations via compelling, engaging online fundraising campaigns. It is proudly supported by its Founding Partner, the Telstra Foundation.
Find Chuffed: Twitter, Website, Facebook.
To read more details about crowdfunding including an extensive ‘How-to’ section, purchase a printed copy of Crowdfund it! directly from the publisher. You can also purchase an ebook from the publisher Editia or through ebook retailers including Amazon, Kobo, iBookstore, Booku, and Tomely.Author: Anna Maguire, November 2013