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- Funding and fundraising have distinct differences12:
- Funding is money allocated for a specific purpose and must be used accordingly.
- Fundraising involves collecting donations, often for non-profit organizations, and allows more flexibility in how the funds are used.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Funding Vs Fundraising: In the former part, the money collected can be used only for the purpose for which it is allotted. However, in the latter part, it is at the discretion of the fundraiser how he utilizes the amount. Funding as an activity provides no leeway to the beneficiary to use the funds otherwise.www.ketto.org/blog/fundraising-vs-fundingWhile fundraising is for non-profit organisations where the purpose of raising money is to support people in need or community projects, crowdfunding is about launching personal projects or business ideas. Fundraising means nothing other than "collecting donations" and is always based on a charitable purpose.www.crowdify.net/en/blog/crowdfunding-vs-fundrais… - People also ask
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