“Crowdfunding” is a way of using the Internet to raise money by asking the public to contribute to a project. This Article argues that crowdfunding has succeeded, at least in part, because it makes charitable giving more efficient by solving certain “charity failures,” or inefficiencies...

Using hazard analysis procedures, this study undertakes a longitudinal examination of Israeli Nonprofit Organizations' (NPOs') financial vulnerability arising from governmental funding instability. Funding instability is characterized by time-at-risk, which measures the level of financial...