How can I get funding and how it is disbursed?
Simply apply for funding through the Wicked Experience tab in your online dashboard. Let us know how much funding you’ll be needing and what kind of activities you are looking to integrate into your classroom. We will follow up with you within 5 days to begin the onboarding process. On a bi-monthly basis all checks are issued to the school, which must be a legal 501c3 in good standing. Funding comes from our donors, and is subject to approval upon request.
Is Wicked a nonprofit?
Wicked Education is a program created by Real World Scholars, which is a CA-based 501c3. We created Wicked Education because we are passionate about getting money in the hands of students for the purpose of authentic learning. The program is and always will be free because our donors believe all students should have the opportunity to experience transformative change and explore their skills and interests before they head out into the real world.
Do I have to cash out at the end of my school year?
For our internal tax purposes, all classes are required to cash out at the end of each year. Simply tell us where to send the check and we’ll take care of the rest. Whether you decide to put the money right back to your classroom or give to an external 501c3, all you need to do request funding from your dashboard. It shouldn’t take more than a couple of weeks to receive your check.
How does the Foundation component work?
All proceeds from the student-run business go into their own Wicked Foundation account. Classes can designate their money to any 501c3, or organization with a non-profit tax status. We encourage classrooms to collectively explore how they may want to use their money. We see this as an opportunity to learn about the power of giving back and connecting with your community. Classes can request funds at anytime and checks will be mailed to the designated 501c3 on a bi-monthly basis.
How do I protect my student information?
The only publicly viewable information is the picture and first name associated with the student account. For teachers that would like to limit the visibility, we encourage them to use nicknames (or some other aliases) for the account and representative pictures for the students’ profiles.
Can we host our own banking?
Currently, all of the banking and financial transactions happens on our platform. In the not-so-distant future, we will be allowing schools to run the platform with their own accounting. In the meantime, take advantage of the stress-free setup that allows us to take care of all the complicated stuff.
Can my business run during the summer months?
If you have the capability to run your business through the summer months with summer school classes or after school programs, have at it! However, if that’s not an option and you have easily shippable items, we will be able to help you ship products throughout the summer with an RWS fulfillment center. Stay tuned for more details.
Who sees our website?
The internet is public - so anyone can see your website online. While we will be hosting a link to your store on our marketplace, people may also come across your website in other ways. You can encourage web traffic by promoting your online store via social media, print ads, newsletters or any other marketing efforts you choose.
How does shipping work?
While the platform helps you sell the products from your classroom, your classroom is responsible for the shipping. When a sale happens, you will receive an email with all of the information needed to make it happen. If you need money for shipping, simply request it though the Wicked Experience tab on your dashboard.
If your items are too large to ship (or you have other problems with the shipping process) you may want to explore a pick up center at your school.
Why the name Wicked?
A “Wicked Problem” is a problem that is seemingly unsolvable, like poverty or climate change. When we got started, we were looking for a way to get money in the hands of students to practice real entrepreneurial learning. For a long time, it seemed impossible - that is, until we came across the idea for Wicked Education. Now, for the first time, students across the country can easily engage in experiential learning with real money and real business - right inside their classroom.
(And when our founder’s 16 year old daughter loved the name, it sealed the deal.)