Tag Archives: medical expenses

Sick Crowdfunders Spending On Quacks

With the Congress still trying to kill the Affordable Care Act and many states kicking people off of Medicaid, many are turning to crowdfunding to pay for expensive medical treatments. However, a recent study found that a lot of that … Continue reading

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Crowdfunding Shows Cracks In Our Society

Sick society? Alissa Quart, executive director of the Economic Hardship Reporting Project, asserts that crowdfunding and the “gig” economy actually represent huge societal problems. “Middle class life is now 30 percent more expensive than it was 20 years ago, Quart … Continue reading

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Baseball GM Crowdfunding For Life

We’ve learned that in baseball, players are fungible. But what about management? Washington Nationals’ Doug Harris, the team’s assistant general manager and vice president of player personnel, has leukemia and can’t afford the $400,000 treatments on his big league salary … Continue reading

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Grandma Strangles Bobcat; Crowdfunds Rabies Shots

Sometimes you just gotta report on the unusual. A grandmother in Georgia is crowdfunding her medical care after strangling a bobcat to death. When she went out to take a photo (of the mountain lion?), the cat, who was rabid, … Continue reading

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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

Posted in accredited investor, balance, 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, review, technology | Tagged , , , , , , , , , , , , , , | Leave a comment

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

Posted in balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, discrepancies, fraud, Investments, Jobs, Legislative Intent, review, SEC | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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