Listing Fund breakdowns and charities?
  • bradAnderson
    -- Junior Member --
    -- Junior Member --
    Posts: 21
    Joined: Mon Mar 10, 2014 6:02 pm

    Listing Fund breakdowns and charities?

    by bradAnderson » Mon Mar 10, 2014 9:13 pm

    Greetings!!

    I was wondering what everyones take on listing a semi-detailed breakdown of where the project funds would go, barring a successful campaign. Here's how I plan to detail it for my project with a goal of $7500:

    About 12% automatically gets deducted -

    •= 5% for Kickstarter
    •≈ 4% for Amazon Payments
    •≈ 3% for BackerKit services

    About 88% remains for actual dispersion [now budgeted at $6600 USD] -

    •≈ 55% for machinery necessary to facilitate professional production
    •≈ 20% for materials and domestic postage
    •≈ 15% for manpower/profit
    •≈ 10% for startup, legal and prototyping

    Of the 15% manpower/profit -

    •9% for manpower
    •5% for Kicking it Forward
    •1% for One Percent For The Planet


    Do you think I'm giving away too much information? I'm sure a backer would like to see the how the funds are being used, but not sure about a profit or charity donation being listed. On that note, I know Kickstarter has rules against raising funds for charities, but is donating a small part of the personal "profit" going to get flagged?

    Thanks,
    Brad!!


  • User avatar
    BitofaGeek
    -- Junior Member --
    -- Junior Member --
    Posts: 22
    Joined: Mon Jan 20, 2014 6:23 pm
    Location: England
    Contact:

    Re: Listing Fund breakdowns and charities?

    by BitofaGeek » Tue Mar 11, 2014 2:59 pm

    I think you're giving exactly the right amount of detail there. People need to know where their money is going. Good work!
    Entertainment for awesome people - http://www.BitofaGeek.com
  • User avatar
    sbriggman
    -- Veteran Member --
    -- Veteran Member --
    Posts: 3488
    Joined: Sat Apr 20, 2013 6:49 pm
    Location: NYC

    Re: Listing Fund breakdowns and charities?

    by sbriggman » Tue Mar 11, 2014 7:30 pm

    "Creators cannot promise to donate a portion of funds raised or future revenue to a cause."

    https://www.kickstarter.com/help/guidelines
    Learn how to succeed on Kickstarter: here.
    Submit a free press release for your Kickstarter campaign here.
  • bradAnderson
    -- Junior Member --
    -- Junior Member --
    Posts: 21
    Joined: Mon Mar 10, 2014 6:02 pm

    Re: Listing Fund breakdowns and charities?

    by bradAnderson » Tue Mar 11, 2014 8:10 pm

    Greetings!!

    Thanks for that, I guess I'll keep that to myself or just not apply it to my campaign at all. Kind of a bummer they don't allow it, c'est la vie. Wouldn't 'KickingItForward' almost be considered a charity? Since you're 'donating' back to other projects?

    Thanks,
    Brad!!
  • User avatar
    sbriggman
    -- Veteran Member --
    -- Veteran Member --
    Posts: 3488
    Joined: Sat Apr 20, 2013 6:49 pm
    Location: NYC

    Re: Listing Fund breakdowns and charities?

    by sbriggman » Wed Mar 12, 2014 3:39 pm

    Yes, I think KickingItForward would fall into that category. Kickstarter is also kind of cracking down on that initiative - discouraging users from including the badge/link in their campaign profile because it could confuse backers.
    Learn how to succeed on Kickstarter: here.
    Submit a free press release for your Kickstarter campaign here.

Who is online

Users browsing this forum: No registered users and 13 guests