Local governments are turning to crowdsourcing to finance public services. Apparently, while residents may be resistant to city and state tax hikes, they are likely to donate money to government if they can have some say over where it goes. But how does this impact the role of government and resident participation?
Crowdpac, a new online platform for potential political candidates, helps people find candidates to support by ranking them on issues, helping users clarify their own stances on issues, and matching them for donations.
Crowdfunding generated $34 billion in 2015 and is on track to do nearly ten times that annual number within the next decade. Will it unlock new giving, redefine what “doing good” means, or just move money around the charitable sector?
Is crowdfunding an effective response to the self-inflicted wounds of even the most popular nonprofits? Here are four things to consider, pulled directly from the ashes and rebirth of the animal-friendly Big Apple Circus.