Tag Archives: non-profit

Crowdfunding Sites Turning Away White Supremacist Suspect

While other criminal types have been successful in crowdfunding their defense, the man alleged to have run over and killed Heather Heyer is being turned away. GoFundMe, the prime charity crowdfunding portal, says that it has turned away a number … Continue reading

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Another Celeb Pilloried For Crowdfunding Appeal

Those of you who know who Zayn Malik is may be surprised to hear that he’s now under fire for asking his fans to contribute to a crowdfunding campaign. The British teen heartthrob has directed his adoring public who follow … Continue reading

Posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Film, Funding Portals, Legislative Intent | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Communities Use Crowdfunding For Local Improvements

Michigan organizations are using crowdfunding to obtain state grant to “support new parks, pedestrian and street improvements, trails, public art and more.” State entities are matching crowdfunded amounts to help communities meet financial goals for local improvements. For example, the … Continue reading

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Celebrity Shamed Into Shutting Crowdfunding Campaign

You don’t know him in the U.S., but they do in Australia. Jeans designer Dan Single was shamed into closing his crowdfunding plea by furious donors. Single apparently fell from the balcony of a hotel in Paris, breaking most of … Continue reading

Posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Investments, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Valentine’s Day Love Through Crowdfunding

A great crowdfunding Valentine’s Day story from USC. Alumnus Nikaam Mehta and Poonam Kaushal, MD, are getting married on today. But instead of spending a fortune on a lavish traditional Indian wedding they invited their family and friends to help … Continue reading

Posted in Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Charity Crowdfunding Platform Profits By Helping Others

If charity begins at home, GoFundMe is a great example of that. With over $3 billion raised from more than 25 million donors since it started in 2010, quick and dirty math suggests that its owners have pulled in more … Continue reading

Posted in balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Healthcare Crowdfunding: Beware.

Here’s hoping this is not the Republican replacement for Obama Care (Affordable Care Act). Y Combinator, a Silicon Valley accelerator, has backed Watsi, a new healthcare model that crowdfunds each patient’s treatment with the belief that 20-40% of all healthcare … 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, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Unintended Consequences of A Successful Crowdfunding Campaign

If Google translate is correct, Emma Post has/had (?) terminal cancer and, since she thought that there were too many campaigns for illnesses, she crowdfunded to pay for her funeral. The campaign was “oversubscribed” and raised a significant amount more … Continue reading

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

GoFundMe Acquires CrowdRise

Consolidation comes to the charity crowdfunding industry as GoFundMe acquires CrowdRise. And I say “industry” because GoFundMe has raised “$3 billion since 2010 from 25 million+ donors across over 2 million campaigns.” At a 5% commission, that’s $150MILLION in topline … 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, review, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Charitable Crowdfunding: Trust But Verify. But How?

Americans are an empathetic bunch as the recent GoFundMe campaign shows. But should they be more cautious? A person posting as “R.b. “Razor” Sheldon on behalf of Amber Boyd” started a crowdfunding campaign to benefit the family of the challenged … Continue reading

Posted in balance, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, discrepancies, fraud, Funding Portals, Legislative Intent, review, unfair and deceptive practice | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment