From Rotary’s fight to eradicate polio to any number of other global challenges, crowdfunding will be part of the equation. “It’s just the way that consumer fundraising is done these days,” Devin Thorpe, author and Forbes contributor told Devex in this video.
Large organizations must find a way to leverage the platform to distribute to the consumers the responsibility and opportunity to raise funds for the organization, he added.
“The potential is huge,” Thorpe said.
Watch the clip above to learn examples of organizations and individuals successfully using the platform.
As a Devex Impact associate editor, Adva leads coverage of the intersection of business and international development. From partnerships to trade and social entrepreneurship to impact investing, she enjoys exploring the role the private sector and private capital play in development. Previously, she has worked as a reporter at newspapers in both the U.S. and South Africa. Most recently, she has been ghostwriting a memoir for a former child slave and NGO founder in Ghana.
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