FAA4.B Liquid Assets (LIAS) : 03 Liquid Asset Types - Overview : F Crowdfunding
Crowdfunding
 
(06/01/16 - 07/31/16)
Crowdfunding web sites are online platforms that allow individual donors to fund specific campaigns for charity, individuals in need, projects and business ventures.
 
Crowdfunding accounts are considered the same as cash (money on hand) and are countable as a resource when available to the participant at the time of interview.
 
Crowdfunding accounts include, but are not limited to, the following:
 
●GoFundMe
●Kickstarter
●Indiegogo
 
Allowable expenses paid using funds from the Crowdfunding account should be keyed as allowable expenses. (See Types of Expenses - Overview).
 
The actual value of funds accessible to the household at the time of the interview is countable.
 
Key the funds available at the time of the interview on LIAS using the CA Liquid Assets Code.