FAQ
FAQ for contributors
Where will my donation go?
Your donation will be deposited within the University of Wisconsin-Platteville Foundation, Inc. and distributed to the program, lab, institute, or department leading your selected project.
Is my contribution tax-deductible?
Yes, contributions through UW-Platteville Foundation, Inc.’s Peer-to-Peer (P2P) Crowdfunding platform support specific areas of the university and are therefore eligible for income tax deductions as allowed by law.
Will I receive a receipt for my contribution?
Yes, UW-Platteville Foundation, Inc. will send you a gift receipt via email for tax purposes
When will my credit card be charged?
Your credit card will be charged immediately upon finalizing your gift on the website.
Who should I contact with questions about my contribution?
Please call 608-342-1181 or send an email to foundation@uwplatt.edu with any questions about your gift.
Is there an administrative or processing fee?
5% of funds raised will be used to support the P2P Crowdfunding platform and credit card fees.
What is the institution’s Employer Identification Number (EIN), also known as a Federal Tax Identification Number?
The Tax ID for the UW-Platteville Foundation, Inc. is 39-6051705.
What is your refund policy?
Charitable gifts to the UW-Platteville Foundation, Inc., a Non-Profit organization, are not refundable.
What happens if the project is not fully funded within the campaign?
Prior to the campaign launch, the campaign creators will outline with UW-Platteville’s P2P Committee how the funds will be used if the goal is not reached. Campaign creators will receive all funding less the 5% processing fee made to the project, even if the goal is not achieved.
FAQ for potential applicants
What kind of projects can be submitted?
All projects should advance learning, research and enhance the overall student experience at UW-Platteville. This includes those projects focused on student aid, athletics, capstone projects, and travel for credit and faculty specific initiatives. Projects that raise funds for other charities will not be accepted. The UW-Platteville Foundation, Inc. is a registered charity. All submitted projects therefore must meet charitable requirements. Interested teams must apply and be accepted. Part of the acceptance process includes confirming that their project aligns with UW-Platteville Foundation, Inc.'s giving guidelines and ethics.
What is an appropriate funding level for projects on this platform?
With some exceptions, accepted projects will have goals ranging from $500 to $5,000.
Who can submit a project?
Any UW-Platteville student, student organization or faculty/staff member can submit a project for consideration. The decision to approve the project remains with the Peer-to-Peer (P2P) Committee.
How much information do I need to provide?
The P2P committee will help polish your submissions but the more details you have in regard to the project, (timeline, promotion, and implementation) the easier it will be to understand the scope and meaning of the initiative.
How do I access the donations?
Funds will only be deposited in a restricted UW-Platteville Foundation, Inc. fund account associated with your project.
How long does a crowdfunding project take from start to finish?
A UW-Platteville Foundation, Inc. P2P Crowdfunding campaign takes from 10 - 12 weeks to launch, depending on readiness. Campaigns generally run for 30-60 days.
Once my project is submitted, how can I help it succeed?
- Prepare. Talk to your friends, family and networks about your upcoming project. Let them know you will be looking for support. Prepare your team so that everyone is aware of what the fundraising process will look like and who will be responsible for what parts of the campaign.
- Share & Update. Share your project with friends, family and anyone else you know! Use a variety of channels - social media, word of mouth, emails and even letters. Keep the project alive with updates on how the project is going, videos, testimonials, and especially news of how the project or event went.
- Give. Make your own personal gift to support your project. It will be easier to ask others to give when you have already given. Remember the 30% rule. It is recommended that for any good fundraising campaign (including crowdfunding) you try to raise at least 30% of your goal before you launch publicly.
- Thank. This is important! Once your project is completed make sure to thank your supporters. When you have reached your financial goal or the end of the campaign, keep UW-Platteville Foundation, Inc.’s P2P Crowdfunding committee, your social network and your supporters updated on the success of your initiative. A great thank you is the most important part of any fundraising campaign.