About Crowdfunding

Crowdfunding is a platform for student groups, research projects, and athletics at Southern Illinois University to raise funds for their projects and initiatives.  It allows students and other campus community members to grow into leaders and encourages a community of philanthropy on campus.  

SIU Carbondale FAQ

What is Crowdfunding?

Crowdfunding is a type of online giving that harnesses the power of the community through many smaller gifts as opposed to singular major gifts.  

Where does the money given on this page go?

The money goes toward the specific project you donate to minus a small administrative fee.  For our charitable disclosure visit http://www.siuf.org

I have a student group on campus that needs funding.  How can I apply?

Our application is located at the top right corner of this page. 

When are the crowdfunding applications due?

Applications are currently being accepted for Summer and Fall 2017.   Please email your completed applications to matthewm@foundation.siu.edu  

How can funds raised through crowdfunding be accessed?

Funds raised for specific projects/campaigns will be deposited in the appropriate Foundation account designated for the said purpose.  SIU foundation staff will work with the project team leaders to set up an account (if a new fund needs to be established) or designate an already-existing account for depositing gifts received from such efforts.  

What is an appropriate funding goal for projects?

We recommend a fundraising goal of between $5,000 - $10,000.  Project goals will vary depending on the nature of the project and what the project hopes to accomplish from this fundraising effort.  

Who determines if a project will be selected for the crowdfunding platform?

A team comprised of professionals from the Foundation will review the applications and approve them based on various criteria including, but not limited to, project fundability, commitment of potential time from group members, project appeal, and the potential to achieve the goal.  

Who can I contact with questions about crowdfunding?

You can contact Matt McCoy, 618-453-6096 or matthewm@foundation.siu.edu or Nanditha Balasubramanian, 618-453-4919 or nanditb@foundation.siu.edu 

Is my payment secure?

Absolutely.  SIU crowdfunding utilizes CyberSource as our payment processor which ensures PCI compliance in processing gifts.  Anyone interested in donating at http://salukifunder.siu.edu will be directed to cybersource which encrypts all the information and processes such transactions. 

Is my contribution tax-deductible? 

Yes!  All philanthropic contributions to the institution are tax-deductible as prescribed by law.  

Will I receive a receipt for my contribution?

Yes! The SIU Foundation will send you a receipt immediately upon finalizing your gift on the site.  

When will my credit card be charged?

Your credit card is charged immediately upon finalizing your gift on the site.  

Will the funds raised be returned if a project does not meet it's goal?

No.  All gifts raised will be deposited in the account for each project regardless of whether the project goal is attained or not.  

Can I send a gift by mail or call the Foundation to support a crowdfunding project?

No.  All gifts must be submitted online, unless you are able to make appropriate alternative arrangements with the project leaders to make a gift.  

Who should I contact with questions about my contribution?

Call Heather Hollmann at 618-453-4935 or email heatherh@foundation.siu.edu 

How do I make a gift of securities?

Please call Cindy Ciganovich, Investment Specialist, at 618-453-4922

Are international donations accepted?

Yes, the institution accepts international gifts via credit card or check.  

What is the institution's Employer Identification Number (EIN), also know as a Federal Tax Identification Number?

The Institution's Tax ID Number is 37-6024575