Interactive fundraising with funder rules
First Claim
1. A method for project fundraising with a plurality of online users, comprising:
- (a) providing a project creation function for allowing each of said online users to create one or more projects to be funded, wherein each of said created projects can include one or more project requirements, wherein said project requirements comprises a target funding minimum;
(b) providing a funding function for allowing each of said online users to select one or more of said created projects, wherein multiple of said online users can select the same of said created projects, wherein said funding function allows each of said selecting users to establish one or more funder rules directed to said selected project;
(c) for each of said selected projects, processing said funder rules of the same of said selected projects, wherein said processing comprises determining a current funding level and comparing said current funding level with project requirements of the same of said projects; and
(d) at least partially funding one of said selected projects based on said comparison of said current funding level and said project requirements, wherein said funding is from said one or more users who selected the same of said selected projects.
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Abstract
Project-based interactive fundraising with funder rules is provided. A fundraising application is accessible by multiple online users for creating projects to be funded and for funding created projects. Projects can include project requirements, such as a target funding minimum. Online users can select created projects and establish funder rules to determine conditions to fund the selected projects. The project requirements and funder rules are processed to determine whether or not funds can be released to the projects or returned to the selecting users. The funder rules give funding users direct control over the project fundraising. The processed funder rules provide information on current and anticipated funding levels and can be used to find approximate optimal conditions to attain high funding levels and increase the likelihood of success to fund a project.
13 Citations
20 Claims
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1. A method for project fundraising with a plurality of online users, comprising:
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(a) providing a project creation function for allowing each of said online users to create one or more projects to be funded, wherein each of said created projects can include one or more project requirements, wherein said project requirements comprises a target funding minimum; (b) providing a funding function for allowing each of said online users to select one or more of said created projects, wherein multiple of said online users can select the same of said created projects, wherein said funding function allows each of said selecting users to establish one or more funder rules directed to said selected project; (c) for each of said selected projects, processing said funder rules of the same of said selected projects, wherein said processing comprises determining a current funding level and comparing said current funding level with project requirements of the same of said projects; and (d) at least partially funding one of said selected projects based on said comparison of said current funding level and said project requirements, wherein said funding is from said one or more users who selected the same of said selected projects. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system for project fundraising, comprising:
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(a) an application server for operating an internet-based fundraising application for a plurality of online users; (b) a project creation function for allowing each of said online users to create one or more projects to be funded, wherein each of said created projects can include one or more project requirements, wherein said project requirements comprises a target funding minimum; (c) a funding function for allowing each of said online users to select one or more of said created projects, wherein multiple of said online users can select the same of said created projects, wherein said funding function allows each of said selecting users to establish one or more funder rules directed to said selected projects; (d) a processing function for processing said funder rules for each of said selected projects, wherein said processing comprises determining a current funding level and comparing said current funding level with said project requirements of the same of said projects; and (e) a fund transfer function for at least partially funding one of said selected projects based on said comparison of said current funding level and project requirements of the same of said selected projects, wherein said funding is from said one or more users who selected the same of said selected projects. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification