Jacksonville, FL- In recent months our local community has seen its fair share of crowdfunding requests. From business startups to families and individuals in dire circumstances, the community has pulled together to supply those in need. Gone are the days of barbeques and bake sales to raise funds. Now crowdfunding sites are all the rage, they allow individuals to collect small contributions from a large group of people online to fund a business, charity or function. While good in theory, these crowdfunding efforts may not be in practice. So, how can an informed donor take measures to reduce the risk of getting taken in the crowdfunding environment? BBB has these suggestions for you.
Bottom line is do your due diligence to ensure that your money is going where you intend it to. For more information start with BBB Wise Giving Alliance and their guide to crowdfunding for charitable causes.
For more than 100 years, Better Business Bureau has been helping consumers find businesses and brands they can trust. In 2013, consumers turned to BBB 131 million times for Business Reviews on more than 6.5 million businesses, all available for free at bbb.org. The Council of Better Business Bureaus is the umbrella organization for 112 local, independent BBBs across the United States, Mexico and Canada, as well as home to its national programs on dispute resolution and industry self-regulation.