The Fund for the Arts launched the online fundraising platform Power2Give in Kentucky and Southern Indiana last December. In its first year, the platform has helped raise more than $700,000 in additional funds for the region’s arts organizations.
Power2Give uses what’s known as crowd-funding – individuals donate online directly to a project, to help meet a larger goal – to help organizations raise money for specific items and initiatives, from small construction and renovation projects to scholarships and travel fees for educational programs. Kickstarter and Indiegogo are two reigning general crowdfunding platforms, but Power2Give focuses on arts and cultural nonprofits within a specific region.
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