Last year, Kimbia’s Miriam Kagan and PwC’s David J. Neff crowdsourced a bill of rights for crowdfunding donors. With a kickoff at SXSW and subsequent conversations, conferences, and online crowdsourced input, the final outcome was a truly crowd-developed document—a statement to the industry of rights and expectations that donors and supporters expect from their crowdfunding experience for nonprofits organizations and projects.
This year, David and Miriam are turning the table and focusing on the provider-side. Using the same input-solicitation method, their SXSW core conversation will kick off the development of the crowdfunders’ (i.e. those who provide crowdfunding functionality—whether on the vendor or organization home-grown platform side) responsibilities and guidelines. As governments around the world, and the SEC here in the United States look into regulating crowdfunding platforms for commercial projects and personal endeavors, the din for regulation and some basic set of expectations and responsibilities for platform providers is growing louder.
The conversation will explore the following topics:
- Should crowdfunding providers that offer nonprofit fundraising adhere to a standard set of guidelines? If so, what should those be?
- What are some of the core concerns and issue areas that are of greatest concerns to donors and how should providers handle them?
The discussion and resulting draft document of responsibilities will be open for public comment, and as last year, provided to the industry for review and self-managed adoption.
Follow along by using the hashtag #fundethics. We’ll see you there!
Nonprofit Crowdfunding Bill of Rights
Saturday, March 14
12:30PM – 1:30PM
Austin Convention Center, Room 5ABC