Guide to Donation-Based Crowdfunding

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Editor’s note: Lantern by SoFi seeks to provide content that is objective, independent and accurate. Writers are separate from our business operation and do not receive direct compensation from advertisers or partners. Read more about our Editorial Guidelines and How We Make Money.
What Is Donation Crowdfunding?
How Does Donation Crowdfunding Work?
Pros and Cons of Donation-Based Crowdfunding
Pros
Cons
Donation Crowdfunding for Startups
Tax Implications of Donation-Based Crowdfunding
Other Types of Crowdfunding
Equity crowdfunding
Reward Crowdfunding
Debt Crowdfunding
Other Ways to Fund Your Business
Small Business Loans
Grants for Small Businesses
Angel Investors
Check Your Small Business Loan Rate
Frequently Asked Questions
Photo credit: iStock/Sanja Radin
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About the Author
Lauren Ward is a personal finance expert with nearly a decade of experience writing online content. Her work has appeared on websites such as MSN, Time, and Bankrate. Lauren writes on a variety of personal finance topics for SoFi, including credit and banking.
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