Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya

Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya
Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya

Monday, November 3, 2014

Found Animal Foundation's fundraiser with crowdwise is odd. Gary Michelson

Gary Michelson's Found Animals did this odd fundraiser. http://www.streetinsider.com/Press+Releases/Michelson+Found+Animals+Saving+Pets+Challenge+Raises+$1,014,658+in+Pioneering+Pet+Welfare+Campaign/9967544.html

Gary Michelson had CrowdRise handle the fundraiser. They have a minimum of 4% plus credit card fees of about $3% plus extra fees. They end up taking about 10% of the donations. I just did a fundraiser on gofundme as a non-profit and they took 9.25%. I will never do that again. They also get all the names, addresses, email addresses of the donors to use and sell. They are a business, not a non-profit helping people. They also make interest on the money they hold. In this case the fundraiser got $1M. Crowdwise made $100K.

https://www.crowdrise.com/charities/choose

Why doesn't Gary just donate the money to the charities directly? 10% more money could have gone to the charities.

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