Category Archives: Charity

Charity Crowdfunding Site Drops Fee

The charity crowdfunding platform GoFundMe will stop taking a 5% commission from crowdfunding campaigns in the United Kingdom. (It has already done so in the U.S. and Canada). After taking some criticism for profiting at the expense of others, the … Continue reading

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Congress Has Citizens Fighting Each Other To Crowdfund Their Healthcare

With high medical expenses for catastrophic illnesses being the single major cause of personal bankruptcies in the U.S., many sick people are turning to crowdfunding to help pay their medical bills. But Mother Jones suggests that crowdfunding may be “fueling … Continue reading

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Local Guys Crowdfund For Sleeping Bags For The Homeless

Two local Montgomery County guys have crowdfunded their self designed sleeping bags to give to the homeless. And now they are challenging celebrities to help out with the project. Using the hashtag #100sleepingbags, the clothing line designers posted “Tyler Perry, … Continue reading

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Court Wrist Slaps Crowdfunding Fraudster

A Cincinnati court wrist slaps a woman who defrauded the public with her crowdfunding campaign. Although being convicted of  misdemeanor child endangerment and telecommunications fraud (a felony), the mother of a child who she claimed had terminal cancer and subjected … Continue reading

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Question Charitable Crowdfunding

Americans are a generous people. But recent crowdfunding scams, particularly in the “charitable” arena show that perhaps this is too much of a good thing. An Outline article notes “The psychological root of crowdfunding campaigns for non-financial hardships stems from … Continue reading

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Who Owns Crowdfunded Donations?

Query: Who owns crowdfunding monies raised? Raymond had cancer and his family needed help with the bills from the removal of his tumor. So, a family member started a crowdfunding campaign for him on GoFundMe and raised $22,000 from caring … Continue reading

Posted in accredited investor, balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Investments, Jobs, Legislative Intent, review, SEC, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , | Leave a comment

Muslim Crowdfunding Supports Desecrated Jewish Cemeteries

A Muslim crowdfunding campaign by Celebrate Mercy has raised over $160,000 to help rebuild Jewish cemeteries that have been vandalized over the past several months. What makes this campaign even more interesting is that it was organized, in part, by … Continue reading

Posted in Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment