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Howard University BisonFunder is a crowdfunding platform that provides critically-timed fundraising support for innovated projects led by our world-class faculty and official student and alumni organizations. Through BisonFunder, those who believe in the mission of Howard University can collectively invest in it. Together, we can! Together, we will!
How are projects successful on the site?
Planning. Successful projects are ones that integrate our best practice recommendations in outreach, design, adhere to a 30-day social media and marketing calendar, and build a strong crowdfunding team of 10+ people to contribute to their crowdfunding efforts.
Most importantly, every member of the team must be 100% committed to actively engaging their social communities and networks.
Who can utilize the BisonFunder platform?
Currently, official alumni and student organizations, as well as full-time faculty can utilize BisonFunder to crowdfund for their important projects.
Where can I find the Howard University BisonFunder application?
Please see below the link to the BisonFunder application:
How are projects approved after they have submitted an application?
The Howard University Division of Development and Alumni Relations reviews all applications.
After approval is secured, projects are selected for launch and a timeline is generated depending on the immediacy of the fundraising needs of the project applicant.
After approval, what other steps must I take to use BisonFunder?
We require all potential faculty and organization project managers to complete an info session with HU Development staff. This is to provide the greatest amount of knowledge and information in order to adequately prepare you for the rigors of crowdfunding.
Who sets the campaign timeline and goals?
You! While projects must align to Howard University BisonFunder's launch calendar openings, much of how the projects are constructed, including the length of days of the campaign and their crowdfunding goals, is determined by the project managers after consulting with HU Development staff.
Typically, the length of the campaigns are 30-45 days and have an average fundraising goal between $5,000 - $10,000. The final goal amount should be determined based on the strength of the project team's networks and partnerships.
What happens if the project doesn't reach its goal?
If the project does not reach its targeted fundraising goal (as sometimes occurs), the project manager is able to keep the amount raised, but must use it based upon the initial intent of the project.
The project manager must explain to the donors how the money raised will be used if this occurs.
How do I make a contribution?
A contribution can be made by simply pressing one of the red buttons with a designated dollar amount.
Is my donation tax-deductible?
Yes. You will receive an email receipt for your donation to Howard University thru BisonFunder. If you select a contribution level that has a thank-you gift, the cash value (FMV) of the gift will be deducted from the total amount of the contribution.
Our Way of Thanking You
We want to thank you for supporting a Howard University BisonFunder project. HU BisonFunder project leaders have created unique and fun ways to do so. Each thank-you gift has a cash value less than or equal to the value of that gift.
When will my credit card be charged?
Your credit card will be charged immediately.
Are there fees associated with making my gift through BisonFunder?
No. 100% of your gift will support the mission of Howard University. Unlike some other crowdfunding efforts such as GoFundMe, there are no collection or transaction fees associated with the use of BisonFunder.
Is my gift to a BisonFunder project tax-deductible?
All gifts to BisonFunder are considered a donation to Howard University and are tax-deductible to the extent allowed by law. You will receive your charitable gift tax receipt immediately via email, from "Howard University BisonFunder". If you do not see this receipt promptly after making your gift, please check your spam folder.
Can my employer match my gift?
Yes, if your employer has a matching gift program. To see if your employer offers a matching gift program click here.
Who can I contact if I have questions about BisonFunder?
Please contact Howard University Development and Alumni Relations at firstname.lastname@example.org if you have any questions.