Not tax-deductible, but it’s still tremendously fulfilling to help people get their designs/projects/businesses out in the world through Kickstarter.
I’ve backed 28 projects!
Kickstarter is a site where people solicit funding for their projects or businesses. They post a video of their project, what it is and what will be achieved when they hit their target goal. Each project includes different contribution levels, with incentives/gifts for each level. People make pledges at whatever incentive level they like. If the project does not garner the dollar amount of pledges in the allotted time, it is not funded. If it meets or surpasses the dollar goal, the pledges are fulfilled.
One’s contribution is not tax deductible. It’s a straight out offer of cash (via credit card) to help people create their dreams, achieve their goals, move them forward on their chosen / created paths.
Contributing to help people achieve their goals and fulfill their dreams is very rewarding.
The incentives are just icing on the cake!
It’s really quite a clever concept. You invest in someone’s dream. They meet their financial goal. You pay a token amount of money, and then get the “gift” in kind. It may be a handwritten thank you note, the product itself, or the product and other items. If I invest at a level where I get a product, and I almost always do!, I become an instant promoter. It’s like I’m an owner of the project owner’s success. It is awesome.
Kristy and Coulter at Quinn Popcorn are in continued contact with their Kickstarter backers. I love getting their emails and hearing how they’re doing, what they’re learning about the food industry, how their business is expanding.
Alexa sends periodic updates about the film festivals in which her movie, Oma and Bella, is showing.
I visit the websites of some of my other Kickstarter projects either to order more of their products (like Savor Sweets – you have got to try their products) or just to see how their business is doing.
If you haven’t supported a Kickstarter project yet, I strongly urge you to do so.
It’s an inexpensive, quick way to help others achieve their dreams. How often do you get a chance to do that?
Here are the projects I’ve backed, in order of my support:
- Quinn Popcorn, August 9, 2011
- Over Our Heads – Umbrellas for Happy People, August 16, 2011
- Savor Sweets, September 4, 2011
- Phin & Phebes – Help Us Make More Ice Cream (Funding Unsuccessful) September 6, 2011
- Brys & Edgewood Fondant Cake Kits – September 17, 2011
- Ai Means Love, September 30, 3011
- Spice Mixology – Bringing Unique Spices to the World – October 8, 2011
- Oma & Bella, October 23, 2011
- Wonder Threads – Clever Laptop and iPad Sleeves – March 5, 2012
- The Golden Moth Illumination Deck – March 10, 2012
- Smidgen Stick – The Smidgen Measurement System – March 11, 2012
- Gremolata & Cancellaresca Milanese – April 14, 2012
- Angel Food…Bakers From Hell – April 21, 2012
- Stu’s Bloody Mary Mix! (Funding Unsuccessful) – June 2, 2012
- Artisan Hand-Painted Yarn – Custom Dyed for You! – June 9, 2012
- Crowded Teeth Fancy Stamp Ring – June 13, 2012
- The Magnetic calendar – Project Suspended – October 5, 2012*
- 15 Songs Every Kid Should Know (and will LOVE!) CD – November 1, 2012
- Genki-Su: Japanese Drinking Vinegar – December 15, 2012
- SRSLY Chocolate – December 27, 2012
- Clotheshorse – Fashion (Funding Unsuccessful) – January 5, 2013
- Ring Bracelet (Funding Unsuccessful) – April 29, 2013
- Malvi: Redefining the Marshmallow Sandwich – May 15, 2013
- Dizmio Wallet: Slim, Small, Minimal – RFID Blocking Wallet – May 17, 2013
- Kreate-a-lope – The Fastest Envelope Maker on the Planet! – May 22, 2013
- One Screw Loose, Jellies and Jelly Rubs, Spread It On Thick –May 25, 2013
- Ian James New York – Uniquely Handcrafted Bags for All – June 15, 2013
- Kobe Red -100% Japanese Beer Fed Kobe Beef Jerky – Project Suspended – June 13, 2013*
* A project may be suspended if it:
• Materially changes the stated use of funds
• Makes unverifiable claims
• Exhibits actions that are more closely associated with fraudulent or high-risk activity