Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [crowdfunding]

24 questions
46
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4 answers

Are ads on YouTube asking donations for sick children via drove.com a scam?

The past few weeks YouTube has been showing me advertising asking to make donations to help pay medical bills for sick children via a crowdfunding site called Drove. However, the ads look very suspicious. In one example, a child called Tovi in a…
guest
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How do I raise 30k to keep my best friend in college?

Today, my best friend texted me and said that he was going to drop out of college because he had been denied financial aid. He is very smart (1550+ SAT) and an incredible guy, but his parents have weird financials so that he is ineligible for…
John Doe
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How high should I set my KickStarter funding goal in order to have $35,000 left over?

I'm creating a KickStarter to raise enough funds to take 3 months off from my full-time job and finish an iOS game that I've been working on for about 3 years now. Put simply, all I need is about $35,000 (after KickStarter and Amazon fees, taxes,…
baptzmoffire
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Can a community charitable organization collect donations on behalf of a specific person?

A member of my community passed away and I want to arrange a small crowdfunding page for his widow to help her with immediate expenses until the life insurance and paperwork gets done. To encourage donations, I would like the crowdfunding…
lgshost
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5
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3 answers

Credibly Commit to Charity Matching?

Edit: Thank you all for your answers, I consider this issue resolved! The answer appears to be that there is no easy or universal platform that enforces charity-matching commitments, but that charities are often willing to work with you to set up…
capet
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How can someone invest in areas that require you to be an accredited investor [without qualifying as an accredited investor]?

I have some money that I would like to invest. I have some money invested in the stock market and I have found some other places I'd like to invest as well, but it seems that many places require that you be an accredited investor. I've looked at…
Ryan
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As an investor, should I care about voting rights and pre-emption? (UK)

I am interested in investing some of my money in a few companies in exchange for equity. I am undecided if I should, for example, invest £5,000 in one company and have voting rights and pre-emption or perhaps £1,000 in 5 different companies with no…
Fabio Milheiro
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1 answer

Is it possible to split taxation of funds earned from a crowdfunding campaign over multiple years?

I'm intending to run a crowdfunding campaign at the beginning of next year, for a project that will take a number of years to complete. I want to try to understand a little more about how any income earned from that would be affected by…
Hobbes
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Supporting a Kickstarter project: Should a customer's pledge payment include sales tax, e.g. GST/HST in Canada?

Kickstarter became open to Canadian projects some months ago. I discovered a Canadian software project and backed it with a $40 pledge. The project subsequently exceeded its funding target, almost raising $50,000, and Kickstarter charged my credit…
Chris W. Rea
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What do I do with nominee shares I got from a crowdfunding "investment"?

I am not an investor and it all goes a bit beyond me and that's why the things I've found on Google on this topic don't really add up for me. Years ago I "invested" in a company that I like on Crowdcube and got some goodies out of it — as you would…
T. Maxx
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How will I be taxed on returns from crowdfunded debt?

I'm in the US and playing with investing with crowdfunded debt like miventure. (I'm not affiliated with them, just an example) When I end up getting yields from this I think it ends up in my e-wallet on the platform, and then I transfer it to my…
Matthew
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Transparent way to create a money pool

Let's say I want to raise money for a project, and I want my investors to know the number of contributions and their amount. Obviously I can't give my bank or payment processor credentials (psw). This data must be completely transparent, public,…
John Doe
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How profitable is selling your customer base?

I'm currently in the process (early process) of trying to get a product into the market. I am a college student with a heavy, background in computer hardware and software. As I began my research, I started to study market disruption and successful…
Dupontrocks11
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Calculating average interest rate with intermittent deposits

I invest in a few medium to low risk accounts online (peer to peer loans and buy to let property crowdfunding). I make regular deposits into these accounts, usually when the monthly salary comes in, but the time period between my deposits and the…
F Chopin
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Kickstarter refund via PayPal, scam?

Lately comments on a kickstarter project got strange: People claim to have received "refund" transfers ranging $0.99-$99 via PayPal, which they didn't request. PayPal transfers are notably revocable. So a scammer, money launderer or identity thief…
NoAnswer
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