This is a new site for us so there are probably lots of questions we haven't thought of yet. If you don't find what you're looking for here, please let us know.
Q: Who pays for the products we brand through RandomKid?
Q: How do we manage checks that are written to benefit our effort?
Q: What if we fund raise over our stated goal?
Q: What if we do not make our goal?
Q: What if we do not sell enough product to break even?
Q: Is there ever a situation where RandomKid does not distribute the funds to the solution we choose?
Q: My project closed because we did not extend the end date. What do I do?
Q: Is this site safe/recommended for children under 13?
Q: If I win a monetary grant, can it be used to benefit my efforts if I am under your 501C3 umbrella?
Q: Is it possible to split funds between two causes?
Q: I am organizing collections, not raising money. Can your site support this kind of effort?
Q: What kinds of resources do you have for educators?
1. Q: Why does RandomKid require youth to report impact?
A: RandomKid does not take in all funds collected, and because of that, we require our youth to report their impact so we can track the effectiveness of our programs. In our first project in 2005, where we rallied youth to report donations for Katrina relief in a unified act, no donations passed through RandomKid, they were reported and sent to the relief organizations each effort designated. It was those reports, however, that put the power of youth on the national radar. Since establishing ourselves as a nonprofit in 2006, funds now pass through, but still, not all of them. When we provide kids products at wholesale cost in order to fund their intitiatives with the proceeds, the youth pay back wholesale costs to RandomKid plus their contribution to the community fund, and keep the proceeds for their causes. When we account for funds raised, we need to include all proceeds in that number.
A: RandomKid sets aside 10% of all funds raised through our site to support providing services and funding for future youth that come to us to launch their ideas to help others. We call it a pay-it-forward community fund because the success of one group to help the world today empowers another group of youth to benefit the world tomorrow. It's a domino effect. You can dip into the fund as many times as you need to. All efforts must be charitable/educational, the funds must be used to generate a return for your cause, 10% of the funds raised must be added to the community pool, and all impact numbers must be reported. To receive funding, apply using this form.
A: We pay for the initial costs of your product. After the first funds are generated through your sales, we pay ourselves back for our investment plus 10% to the community fund, without taking any additional funds.
A: All checks must be made out to RandomKid, with your project name noted in the memo. Once your checks are received and cleared, we will manually raise your thermometer to reflect those donations. If you have received funding from RandomKid, you must submit a check every 30 days for any funds collected so our pay-it-forward seed fund pool is accessible to others.
A: The thermometer will continue to rise. Any funds raised over the goal amount will set that solution in motion once again.
A: The funds will remain in the account allowing other youth to join in later to fund that solution. If the goal is not reached within one year, the funds will be distributed to that solution provider so they can combine the funds with other donors who have contributed to their organization in order to set that solution in motion.
A: We approved sending you your product, so as long as you keep sending a check for all product sold every 30 days, we will absorb the loss.
A: Yes, for a few possible reasons. Sometimes youth will raise money for an item that has already been provided to that community, or is not wanted by that community. In that case, we will work with the youth to provide that item to a similar community with the same need. Other reasons may include that the organization does not have a valid tax identification, or we have ethical concerns about the organization's practices. In that case RandomKid will redirect the funds to a similar effort.
A: Contact us at: WoopsMyProjectClosed@randomkid.org
A: Yes, and we encourage that. When you fill out the fields to fund your cause, you will see that option. You can say goodbye to wrapping paper sales and instead benefit your schools, places of worship, sports teams and youth organizations by helping others less fortunate that you. Everyone wins.
A: Yes. Please visit our Collecting Stuff page.
A: All kinds! Please check out our Teacher Resources page. For additional questions, email us at Teacher@randomkid.org