What is Fund Humboldt?
How do I set up a campaign?
Why should I use Fund Humboldt over a nationally based crowd funding platform?
Fund Humboldt allows you the opportunity to be supported by and give back to your local community. Crowd funding is a trust based platform and where better to put your trust and dollars into than the community where you live? Whereas some specific ideas may appeal to a national audience, others are much better suited for a local one.
A local crowd funding platform allows the campaign promoters to tailor their giveback incentives for their community. The rewards given for donating can be things that cannot be offered over a national platform. You can’t offer a tour of your establishment, a cooking class or a massage to someone two states away.
Most nationally based crowd funding platforms do not give funds to the campaigner unless his full project goal has been met. We at Fund Humboldt allow campaigners to keep whatever funds they raise.
Do I have to be fully funded to keep the donations?
Can Fund Humboldt be used to fund anything?
Everything on Fund Humboldt must be a project. A project has a clear goal such as buying a piece of equipment or making a C.D. A project is something that will eventually be completed, and something will be produced by it.
Why do people donate to projects?
Where do project donors come from?
Do backers get ownership or equity in the projects they fund?
What are the fees?
If a project is successfully funded, Fund Humboldt applies a 5% fee to the funds collected on top of whatever fees are incurred through the payment process of Paypal.
Donations will be processed by Paypal. Payment processing fees can vary depending on the size and volume of donations. Paypal charges a minimum of $0.30 per transaction with a 2.9% processing fee. For any large donations, this will roughly total only a 2.9% – 3% charge. Due to the $0.30 per transaction flat fee, smaller donations would result in a proportionally larger percentage fee.
When funds are issued to the campaign creator, a detailed account of donations and their related fees will be provided.
Roughly speaking, campaign promoters should expect to pay approximately 8.5% of their campaign’s total goal in processing fees.
Who is responsible for completing a project as promised?
The project promoter is responsible to fulfill their project promises.
Fund Humboldt does not guarantee projects or investigate a campaigner’s ability to complete their project. On Fund Humboldt, donors decide whether a project is worthy by whether or not they decide to donate to it.
Can Fund Humboldt refund the money if a project is unable to fulfill?
Is there a place I can download the Fund Humboldt logo?
Yes! Click Here