GoFundMe campaigns work better for wealthy beggars

{{ Campaigns on the crowdfunding site raised more money for wildfire survivors with high incomes than for those who need help most, researchers found. }}

https://www.nytimes.com/2024/01/29/climate/gofundme-disaster-relief-climate.html?unlocked_article_code=1.Rk0.1fYy.KjGGnq0MroX7&bgrp=a&smid=url-share

Perhaps the wealthy are more photogenic and can craft a better story to gain sympathy?

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They probably can hire social media handlers and publicists, they’re probably white, and, you know, affinity marketing.

Or just being trolled.

There was actually a better link and funnier troll but for some reason since “M*GA” was in the description, it was disallowed.

My guess is that the wealthy have more friends and family and contacts who are willing to toss shekels into the GoFundMe baskets because of their existing relationships. The poor tend to have fewer relationships, so a smaller pool of people to make contributions.

I’d also wonder if there is some relationship between the person who set up the GoFundMe campaigns and the success. A campaign might be started by someone who has lots of contacts to get things rolling, even if it’s on behalf of someone with few contacts.

Is there a tax benefit to tossing shekels into GFMs?

Tax write off for “charitable contribution” or some such?
Some kind of tax benefit for a Gift?

:face_with_monocle:
ralph

No, no, and no.

To be tax deductible in the US, charitable contributions must be made to a recognized charitable organization.

–Peter

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Absolutely! If “Mr. Beast” says your GoFundMe is a worthy cause, it’s guaranteed success.

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