Welcome to GOLDrush, the University of Iowa’s crowdfunding site. GOLDrush offers faculty, staff, student groups, alumni and friends of the university a tool for soliciting donations to support university programs and/or initiatives. All funds raised must benefit the University of Iowa and must be held in an account at the University of Iowa Center for Advancement, or transferred to a university account (MFK) at the conclusion of the campaign.
If you are interested in using GOLDrush to raise funds for a particular cause or program at the University of Iowa, please contact email@example.com.
Learn more by watching our 5 Keys to Crowdfunding Success Video!
What is crowdfunding?
Crowdfunding is the practice of funding a project or venture by raising many small donations from a large number of people, typically via digital channels.
What is GOLDrush?
GOLDrush is the University of Iowa’s crowdfunding site, and it aids faculty, staff, and student groups in soliciting donations to support university programs and/or initiatives. If you're interested in conducting a crowdfunding campaign, please review the UI Crowdfunding Policy.
What kinds of projects can be submitted?
University of Iowa projects or ventures that are seeking funding for research and other academic-related activities. The money raised cannot benefit or be designated to one specific person, rather it benefits a team initiative, university program, or department. All funds must be transferred to a university account (MFK).
How do I apply to host a project on GOLDrush?
Complete the crowdfunding application and receive proper approval from your department or university affiliation.. After your application is received, the crowdfunding committeewill review your application and follow-up with questions as needed. The committee will be looking for projects that have a compelling story and a strong team of individuals who have large personal networks they are willing to solicit for donations. If you are wondering the status of your application, please contact firstname.lastname@example.org.
How are project goals determined?
Project goals are set on a case-by-case basis and generally do not exceed $10,000.
What is the anticipated timeline for a project?
It typically takes 4-6 weeks to prepare for a crowdfunding campaign. Then, the campaign is active and accepting donations for about 30-45 days. Then, it takes about 30 days to transfer the funds to the university MFK for spending. To learn more about your time commitment as a campaign leader, please contact email@example.com.
How are contact lists built for crowdfunding campaigns?
Project leaders are encouraged to solicit their own personal networks for crowdfunding campaigns because the success of crowdfunding comes from personal connections and contacts. As a general best practice, the University of Iowa Center for Advancement does not provide email lists for crowdfunding purposes.
How do I donate to a crowdfunding project?
1. Go to the project page of your choice.
2. Click on the "Give Now" button.
3. Enter the amount you would like to contribute.
4. Fill in your information.
5. Select the "Give Now" button to complete your contribution.
Where will my donation go?
Your donation will be directed to the University of Iowa Center for Advancement and then distributed to the program and/or department leading your selected project.
Who will my information be shared with?
Your information will be shared with project leaders and retained by the UI Center for Advancement.
Are gifts tax deductible?
Yes, and you will receive a gift receipt via email for tax purposes from the UI Center for Advancement.
When will my credit card be charged if I make a contribution?
Your card will be charged immediately upon completing your contribution.
What is your refund policy?
Because you are making a charitable gift to the UI Center for Advancement, a 501(c)(3) organization, your donation is not refundable.
Can I make a gift by mail or phone?
It is preferred that all gifts are made online via the GOLDrush site.
What if a project goal is not reached?
All projects will receive all funding made to the project even if the goal is not achieved. In the event that a project cannot be undertaken because of the shortfall, the money raised will be retained by the sponsoring college or unit for use on a project with similar goals.
What if a project goal is exceeded?
All projects will receive all funding made to the project even if the goal is exceeded. The more money raised, the greater the impact.
Who should I contact with additional questions?
Please contact firstname.lastname@example.org.