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ERIC Number: EJ1216717
Record Type: Journal
Publication Date: 2019
Pages: 4
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1066-8926
EISSN: N/A
Community College Crowdfunding: New Strategy or Latest Fad?
Gearhart, G. David; Smith, Everrett A.; Miller, Michael T.
Community College Journal of Research and Practice, v43 n9 p618-621 2019
The community college sector of higher education has, over the past 20 years, become highly engaged in fundraising. Typically relying on business and industry sponsorships, institutional leaders have begun to shift their development strategies to focus increasingly on individuals who have the capacity and disposition to support the work of their colleges. Crowdsourcing is a relatively new process for garnering the interest and timely collection of interests and moving them toward the action of financially supporting an institution. This study explored how crowdsourcing is being used by community colleges, what institutional leaders expect from the process, and how these funds are used. Study findings revealed that crowdsourcing is used primarily to raise gifts for immediate expenditure, to identify potential long-term donors, and to electronically engage persons who have an interest in the welfare of the college.
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A