An accessible, transparent and reliable money circle and crowdfunding application

August 4, 2019

ROSCA funding (money circles) is an extremely popular way of private funding. Although they are becoming more popular every single day, the traditional way of organizing the circle which is mostly done through private networks set a barrier for honest people looking for funding without interest to access them. Money circle organizers, at the same time, are not always entirely transparent and in some cases, if the organizer is an institution the fees may go up to 5% from all the money being transferred within the circle. Crowdfunding, mostly because of legal barriers is not easily accessible by small business owners who are looking for funding.

Spotlight

CompTIA

The Computing Technology Industry Association (CompTIA) is the voice of the world's information technology (IT) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. CompTIA is dedicated to advancing industry growth through its educational programs, market research, networking events, professional certifications, and public policy advocacy.

OTHER WHITEPAPERS
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Illinois Nonprofit Principles and Best Practices 2020

whitePaper | January 9, 2020

Nonprofit organizations serve a critical role in today’s society by providing opportunities for advancing divested and underserved populations, facilitating volunteerism and civic engagement, and developing innovative approaches to solving complex issues--to name a few. In order to effectively serve the community, however, nonprofits must balance maintaining their commitment to excellence, equity, and accountability while successfully realizing their missions, managing resources, and executing proper governance. In order to help Illinois nonprofits strike this balance, set forth on the following pages are thirteen key principles of nonprofit governance, followed by best practices for consideration in effectuating on these principles.

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Key topics nonprofit organizations should consider

whitePaper | January 14, 2020

Nonprofit organizations operate in a complex and evolving financial world. As one of the world’s largest investment managers, Vanguard has helped thousands of nonprofit organizations navigate their unique investing, organizational, and governance challenges. We recognize nonprofits differ by size, served market, and sophistication. The chief financial officer of a hospital will likely have different needs from the CFO at a college, while the executive director of a small public charity will have different needs from either

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Six Degrees of Major Gift Fundraising

whitePaper | March 10, 2020

We live in a connected world. Making the most of one’s network connections can mean a key introduction can lead to fulfilling personal and professional goals. The game ‘six degrees of separation from Kevin Bacon’ might seem frivolous but it does serve to illustrate that our connections to people of influence are closer than we might think. Ask any successful veteran fundraiser and they will tell you that if they can “get in the door,” when they leave, they will have a committed donor. The key is getting in the door – securing time with the potential major donor.

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Lack of Administrative Support Is an Obstacle to Nonprofit Growth

whitePaper | December 3, 2019

Nonprofit organizations are consistently understaffed. One area of significant impact is the lack of administrative support, often leaving nonprofits to buckle under the weight of the workload. Virtual administrative assistants present a cost-effective solution to help nonprofit organizations meet their growth goals.

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Turning Your Board Members Into Fundraisers

whitePaper | November 30, 2021

The board of directors plays a pivotal role in every organization’s success. These volunteer leaders set a nonprofit’s strategic direction, manage its finances, and provide governance oversight. Not an easy job. Board members also play an invaluable role in an organization’s fundraising efforts. Their support (whether in time or dollars) can affect donor behavior and impacts a development team’s job satisfaction and likelihood for success. But turning a supportive board member into fundraising ally can be challenging, so we’ve compiled tips on how to empower your board and see results.

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K12 Education Fundraising Strategies

whitePaper | April 14, 2022

We know the heart of every school’s mission is to strive for improved levels of success academically and through extracurricular activities. That’s why fundraising is essential to help create new opportunities for your school’s next generation of students and staff. Why is MobileCause the best option for your school? Create dynamic landing pages that inspire giving to your school fundraising campaigns! You’ll be ready to help your school raise more than ever for teacher wish lists, clubs, sports sales, and more! Customizable donation forms, that you can embed right on your school’s website to improve your school fundraising online, from anywhere Develop specific and engaging text-to-give fundraising campaigns for your school that encourages donors to give $167 on average Utilize unlimited peer-to-peer events, like school-wide fun-runs, athletics booster campaigns, and more with our best-in-class school fundraising event software

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Spotlight

CompTIA

The Computing Technology Industry Association (CompTIA) is the voice of the world's information technology (IT) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. CompTIA is dedicated to advancing industry growth through its educational programs, market research, networking events, professional certifications, and public policy advocacy.

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