From expected costs like college tuition to unexpected emergencies that result in medical bills, life is very expensive. But when we all pull together the financial burden becomes smaller. Crowdfunding sites are one of the most popular ways we help each other out.
These sites have several categories of giving, including care for veterans, funerals and volunteer projects. They truly make dreams come true. Check out these sites to see how you can fundraise your own dreams.
One couple wants to make their family larger by adopting two children from China who have Brittle Bone Disease. Their goal is $5,000 and they have raised 66 percent of the funds they are putting towards adding Doug and Emily Anne to their family.
Every site charges an unavoidable 2.9 percent plus a 30-cent processing fee to receive donations because that's how much the online payment sites, such as PayPal, charge to process money. YouCaring also has a fee to cover its company's operations cost but it doesn't state what that amount is. However, they do say that they rely on the donors to cover the cost and sometimes their business partners make donations also.
After a father passed away, a page on GiveForward was created in his name to raise funds for his two sons' college tuition. The goal is $100,000 and so far about 60 percent of the funds have been raised for Jack's (10) and Max's (7) 529 Plan. One cool thing about this site is that donations don't need to be monetary, you can donate meals, items from a wish list, or send kind words of encouragement.
In addition to the 3-percent online payment site fee, GiveForward charges fundraisers a 5-percent fee to cover their operation costs. But the donors can elect to pay this fee instead so that the fundraiser can get more money. For instance, a donor may want to give $10 to the cause; he or she will donate $10.50 and the extra 50 cents covers the site's fee. GiveForward says 95 percent of donors choose this option.