What is sparkFSU?
sparkFSU is an online crowdfunding platform that allows Florida State University students, faculty and organizations to create and share fundraising campaigns with the greater FSU community.
Through sparkFSU, you can:
- Explore new projects that range from scholarship funds, student travel support and research;
- Make tax-deductible contributions;
- Share projects that inspire you; and
- Stay up-to-date on project goals and accomplishments.
Are contributions tax-deductible?
Yes, gifts made through sparkFSU are 100 percent tax-deductible to the extent allowed by law. The receipt you will receive via email shortly after you complete your donation meets all IRS requirements as a record of donation. For any donation greater than $250, you will also receive an official hard-copy gift acknowledgement letter from the FSU Foundation for tax reporting purposes.
How much of the contributions go directly to the project?
Almost every cent goes directly to the project. Since sparkFSU was developed internally by the Florida State University Foundation, there are no third-party fees, only a processing fee of 2.5 percent. This arrangement allows your donation to have the greatest impact on Florida State University.
What happens to contributions if a project doesn’t reach its funding goal?
When you support a project on sparkFSU, your credit card will be charged immediately for the entire amount of your donation. All of the funds raised will be applied toward a project’s intended purpose, even in the event a project does not reach its stated financial goal.
How do I start a project?
Additional questions? Please contact us.