The coolest place on the internet, according to this tagline.

December 22, 2012

Crowdfunding’s role in supporting Hurricane Sandy victims

  • $1.3M the amount raised by GoFundMe, over 320 individual campaigns totaling 14,000 individual donors, for Hurricane Sandy funding. ”There’s always going to be some sort of gap between when a storm or natural disaster or accident or tragedy happens and when larger organizations can step in and help, whether that’s an insurance company or FEMA or what have you,” said Brad Damphousse, the company’s CEO. “Our users get their money as it comes in, and donors know exactly where the money is going.” While not nearly at the level of the Red Cross ($300 million) or FEMA ($2 billion), the total is nonetheless impressive and proves that it works. source
13:40 // 1 year ago