Home Loan State Bank Hardship Program MavFunder webpage screenshot
The Home Loan State Bank Hardship Program is one of two projects currently available on MavFunder.


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CMU launches MavFunder – its own crowdfunding platform

Colorado Mesa University has launched its own crowdfunding platform called MavFunder and is using the new tool to enable donors to choose the CMU projects they would like to support.

Crowdfunding is the process of raising funds from a large number of people for a specific project, typically through a website. Those raising the funds enhance the effectiveness of the campaign by sharing the project through personal networks.

All crowdfunding projects featured on the MavFunder must be initiated by and benefit CMU students, faculty or staff. MavFunder is free to use and 100 percent of the funds donated go to the specified project.

“I think being able to devote the entire gift to a specific project without any administrative fees being deducted is an important aspect of MavFunder,” said CMU Foundation CEO Liz Meyer. “I’m also excited about how easy it is for CMU supporters to use.”

One of the features of the new platform is anyone may contribute to any MavFunder campaign so donors’ dollars go to the project or projects that align with their philanthropic goals.

There are now two projects trying to raise money through MavFunder and more may be added this semester. In the future, a new set of projects will be selected each semester.

The CMU Engineering Club is raising funds to build and race its Formula SAE car. The students plan to compete at the Michigan International Speedway and hope to raise $4,500.

The new CMU Home Loan State Bank Hardship Program is also using MavFunder in an effort to raise $15,000. Due to an earlier fundraising campaign, the program has raised more than $10,000 toward that goal. The hardship program is designed as a stop-gap measure that may enable students to stay in school when the unexpected happens.

For more information, visit SupportingCMU.org/mavfunder.

Media Contact

David Ludlam, Director of Public Relations

dludlam@coloradomesa.edu

970.248.1868 (o)

970.433.2178 (c)