On a remarkably warm September day for Middlebury, VT, as I and a friend walked to the dining hall engrossed waist-deep in a conversation about the cost of college attendance, he furiously stated “I might just actually start a GoFundMe to be able to buy books for class; they’re so expensive.” Remarking at the veracity of the statement and the absurdity of starting a crowdsourcing website, we both laughed. I thought Jason didn’t really mean it, he had laughed it off. But maybe he did. Crowdsourcing websites like GoFundMe, Indiegogo, Kickstarter have increasingly become the default medium for fundraising for various causes. From student loans to mortgage payments, sites like GoFundMe provide convenient and quick platforms for individuals seeking monetary assistance and GoFundMe today claims to have raised over 3 billion in …show more content…
Medical and health campaigns consistently comprise GFM’s most popular funding category, claiming 17% of the total donations in 2012. By 2015, GFM has hosted more than 1.8 million campaigns for medical causes. GFM charges a 5% fee on all funds raised which makes it an extremely profitable venture, earning hundreds of millions of dollars each year from charitable campaigns hosted on its site.” At a time of extreme vulnerability regarding medical expense coverage, and the advent of online and easily accessible crowdfunding sites like GoFundMe that ostensibly appear as an ameliorating force. Through GoFundMe, people have successfully amassed money required to undergo surgeries, commence physical therapy, fight cancer and pay other medical expenses-related bills. Alas, the paramount finding of Berliner and Kenworthy’s paper alters the way one understands the efficacy of sites like GoFundMe. After careful analysis of the pages of the 200 random samples, Berliner and Kenworthy concluded that sites like
Crowd fundraising or Group fundraising services like GoFundMe allow people to raise money for friends, families, neighbors or themselves as well as for charity too. GoFundMe has a special and different page for Hurricane Maria for charities, individuals and families. Global Giving , a crowdfunding site for charities, is trying to raise $2 million for local relief and recovery
There are also some risks associated with using Indiegogo as a crowdsourcing platform, despite the various advantages provided to HP. As Indiegogo is an online platform, it is indicated that the platform is indeed accessible on a global scale. This means that HP will have to manage a large scale of workers, all around the world. This would require synchronous virtual group meetings and a highly effective two-way information stream where HP is kept informed of all progress and activities being done. This may pose communication barriers decrease the efficiency of meeting goals effectively, which the opposite of what HP is looking to do. Hence, HP’s time would be spent more on management than solution. There is also a problem with the fees associated
The rising cost of health care has led companies to stop offering health insurance for employees, and private insurance is often too expensive for people to afford. Many families make too much money to qualify for Medicaid, but are unable to pay for private health insurance. Health care costs in the United States have more than doubled in the last twenty years. Insurance premiums are rising five times faster than wages, and Americans are spending more money on health care than people in any other country. The average amount one person pays per year for health care in the United States is 134 times higher than the average of other industrialized countries (“Health Care Issues”). Even people who have insurance aren’t guaranteed coverage. Many insurance companies find loopholes to avoid paying for expensive medical treatment, leaving people with massive debt from medical bills. Medical bills and illness cause over half of all personal bankruptcies in the United
Last Friday morning sophomore Alexis Anderson was found not responding and was sent to the ER. Since then Lexi’s condition has gotten worse. She is now in need of a heart transplant within a week. She is currently on a heart-lung machine. Lexi has a preexisting heart condition. Everyone at CHHS is praying for her. There has been a Gofundme page for donations to help Lexi’s family. The goal for Lexi's Gofundme account is $100,000. So far people have donated $35,008. On Tuesday, February 7th Lamelo Ball dedicated his record 92-point basketball game to Lexi. Lamelo dedicating his game helped to get the news about Lexi on the national level. There was also a dance fundraiser at Dellos Dance Studio on Thursday night, and every dollar
Organizations must view their potential donors as people instead of a potential donation. Organizations must effectively and efficiently collect and organize data about each potential donor in order to tailor strategies and techniques that encourage and persuade the individual to support their cause (Weinstein, 2013, p. 110). Organizations must listen carefully to the desires of the potential donor and use this information to create an appeal for support. Once this information is collected it should be documented using fundraising software or an Excel spreadsheet (Weinstein, 2013, p. 73). Although data collection and organizational systems are great, they are useless if the organization does not use the information to request support from unique donors (Weinstein, 2013, p. 111).
The second case against this intrinsically flawed and morally corrupt method of delivering medical service lies in its inadvertent, yet alarmingly prevalent, fostering of suspicion, mistrust, and latency: the high prices of healthcare induced by privately-paid healthcare systems (a trip to a US emergency room costs an individual an average of $1233 USD!) encourage those without monetary stability to put off visits to the doctor or the hospital until absolutely necessary. This greatly increases the fatality of diseases whose positive prognosis relies on early identification, such as cancer or meningitis, especially if initial symptoms of this disease are mild – “It’s just a headache”, Bethany Barclay figured when her daughter fell ill one afternoon, “so why would I waste money otherwise spent on food or essentials on a visit to the doctor that is likely to amount to nothing?” Bethany’s daughter passed away the next day, in the back of an ambulance that only arrived after the girl began to suffer from violent seizures. Bethany, like Tim Wilkins and countless others, wasn’t the only one forced to bear the brunt of the United States’ cruel private payer healthcare system.
At the beginning of the project my role was the social media manager, and let me tell you; it is harder than you think. So our group's main concern though was money to build the Geralds and where we were going to get it from. So it was my top priority and concern to find a credible fundraising site to use that would be credible. As it was suggested by my peers to create a GoFundMe account under my name because I have a credit card I was a little nervous about it. While reading about the site though, it seemed to be the first fundraising site to use. Even though GoFundMe website says it was “#1 fundraising platform” with people having raised more here than any other site (GoFundMe). So me being me I have no problem with that, except pretty
Every year over 1.6 million people are diagnosed with cancer in the United States alone and nearly 600,000 will die as a result of the disease1. Cancer, being defined as a group of over 100 prominent diseases formed from the growth of uncontrolled cells within the body, affects the social and economic lives of citizens2. With any diagnosis comes the financial burden of hospital bills and treatment costs. According to ASCO, approximately one-third of working-age cancer survivors go into debt while three percent of patients go bankrupt from cancer care costs3. This has been a consistent issue for more than six decades. National expenditures for cancer care in the United States totaled nearly $125 billion in 2010 and could reach $156 billion, almost a 39% increase, in 20201. During the four years following their
There are a lot of sites like GoFundMe and YouCaring.com that have gone viral ever since social media emerged on the scene. These sites are ways for people to create a financial campaign and ask for friends and family to donate to their need. In recent years, many people have abused these sites and used them for selfish gain. However, the true reason for these sites is to help people who go through hard times like medical emergencies, house fires and similar unforeseeable circumstances.
he was obviously looking for fame when he created the video. But did not think of the backlash that it could of created.
Indiegogo stands out from other competitors, as it allows for global access online. On top of this, other platforms require the crowdsourcee to contribute or provide additional ideas for the crowdsourcer. However, in this platform, the public crowd does not have to contribute thoughts or knowledge, but rather donate
In healthcare promotion, Nationwide Children’s Hospital emphasis is on all of the 5Ps of marketing, however it is very clear that their attention on patients and the public. They look at the public for huge donations to keep them in the black. Currently there is over 110,000 donors that raise close to 100 million annually. In addition, there in a large patient base from a vast amount of foreign countries (Nationwide Children's Hospital, n.d.).
There are many peer-to-peer fundraising platforms available. The best ones found have a low cost to high service ratio, efficient functionality and can also be easily used withWordPress. The top ones include FirstGiving, Classy, Qgiv, SalsaLabs, Razoo and Giveeffect.
Crowdfunding is one way that businesses can seek money to startup their businesses, finance a new product, or expand their operations. Crowdfunding raises funds or capital by using online and social media networks to get a large number of people to contribute money towards a project in exchange for a good, service or equity. Generally money is raised through a fundraising website such as kickstarter. Another way to describe the meaning of crowdfunding is by the use of small amounts of capital from a large number of individuals to
Crowdfunding creates funds for new projects by using internet and social media. This can benefit small business projects to obtain their required funds. A project receives small investments from wide range of individuals through web advertising and social media. The individuals (investors) who have invested in the project may receive incentives such as discounts on the products, early opportunity to purchase their products, inclusion of their name in the list of contributing founders etc., so, they are not purchasing the share of the company. Crowdfunding avoids going to the banks, friends and family to get funds. It also avoids giving up partial ownership of their company. The websites like www.rockethub.com, www.peerfunding.com,