gofundme financial statements

Company profile page for GoFundMe Inc including stock price, company news, press releases, executives, board members, and contact information For more information, see Adyen Terms and Conditions or Stripes services agreement. $2.4 million is raised to help locate survivors, reunite families, and treat injuries. In each case, any such communication sent to third parties using Third-Party Data will provide a means to opt out of receiving further communication of the same nature. Modifications to the Services: GoFundMe reserves the right to modify, suspend or discontinue, temporarily or permanently, the Services (or any part thereof) at any time and for any reason, with or without notice, and without any liability to you or to any third party for any claims, damages, costs, or losses resulting therefrom. We will comply with any additional requirements that may apply under local laws and regulations before communicating with you in this manner. On Feb. 28, the court is expected to hear arguments about whether the . Investment of the Fund. Fund Minimum Balance. Pennsylvania: The official registration and financial information of GoFundMe.org may be obtained from the Pennsylvania Department of State by calling toll-free, within Pennsylvania, 1-800-732-0999. You, as a Donor, must make the final determination as to the value and appropriateness of contributing to any User or Fundraiser. You make your fundraiser, share it with friends, and then manage donations as they come in. You acknowledge that GoFundMe reserves the right to delete data or to terminate accounts or Fundraisers at any time and for any reason, with or without notice, and without any liability to you or to any third party for any claims, damages, costs or losses resulting therefrom. Annual financial statements are available for public review. All grants and distributions must also further GoFundMe.orgs charitable and educational purposes, as determined by GoFundMe.org in its sole discretion. We retain your information for as long as we deem necessary for the purpose for which that information was collected and for our legitimate business operations; provided, however, that your information is only retained to the extent permitted or required by applicable laws. For a list of our current Payment Processors and links to their terms of service, please see the PAYMENT PROCESSORS section below. In the event of a sale, merger, reorganization, dissolution, similar event or steps taken in anticipation of such events, user information may be part of the transferred assets. Donors: All Donations are at your own risk. GoFundMe lets you create your own fundraiser that's hosted on their website. When GoFundMe.org has received no grant recommendations from any Advisor to a Fund for 12 consecutive months, GoFundMe.org will request grant recommendations in each quarterly statement thereafter. Attn: Legal The policies outlined below describe how GoFundMe.org donor advised funds work. Please be advised that User Content and other information, solicited or unsolicited, that you provide to GoFundMe may be publicly accessible, such as information you post in forums, comment sections or in response to surveys we may send out. Our best-in-class Customer Happiness agents will answer your questions, day or night. Thereafter, PayPal Giving Fund UK will grant funds to the Charity identified in the Fundraiser, to the extent it is able, and it will issue country dependent tax documentation for all Donations received through it. Donations: In order to contribute to a Fundraiser or to a Charity, a Donor will be required to provide GoFundMe information regarding the Donors credit card or other payment instrument (Payment Instrument) that is linked to the Donors GoFundMe account (a Billing Account). Financial statements are written records that convey the business activities and the financial performance of a company. In certain situations, we may share your information in the event that you consent to the sharing of your information. GoFundMe is not a broker, agent, financial institution, creditor or 501 (c) (3) nonprofit corporation. These Terms of Service will be governed by the laws of the State of California without regard to its conflict of law provisions. Protesters at Standing Rock in 2016. If you have questions about a Hold we may have placed on your Fundraiser account, or need information about how to resolve the Hold, please see this article. User Content Transmitted Through the Services: With respect to the User Content, you represent and warrant that you own all right, title and interest in and to, or otherwise have all necessary rights and consents to (and to allow others to) fully exploit, such User Content, including, without limitation, as it concerns all copyrights, trademark rights and rights of publicity or privacy related thereto. In addition, as a Donor, you have the option to publicly display your Donation for all to see, including on search engines (like Google and Yahoo). DOLLARS (US$ 100). D'Amico said he spent $500 of the GoFundMe money to gamble because he did not have his SugarHouse Casino card one night, but he said he quickly repaid it with his winnings. If GoFundMe or one of our Payments Processors at any time discovers that the information you provided about you or the purpose of your Fundraiser is incorrect or violates any of these Terms of Service or their terms of service, your access to the Services may be immediately suspended and/or terminated and fines may be applied by relevant authorities, which will in all such cases be payable by you. In the image of the Dalai Lama: Himalaya Cafe in Edinburgh, Scotland, was inspired by the owners meeting with the Dalai Lama. DISCOVERY AND RIGHTS TO APPEAL IN ARBITRATION ARE GENERALLY MORE LIMITED THAN IN A LAWSUIT, AND OTHER RIGHTS THAT YOU AND WE WOULD HAVE IN COURT MAY NOT BE AVAILABLE IN ARBITRATION. Any arbitration hearing will take place at an agreed upon location in San Francisco, California, but if the claim is for US$10,000 or less, you may choose whether the arbitration will be conducted: (i) solely on the basis of documents submitted to the arbitrator; (ii) through a telephone hearing; or (iii) by an in-person hearing as established by the AAA Rules in the county of your billing address. Charities will be solely responsible for taxes based on applicable international, federal, state, local or any other taxes or levies, or for any applicable taxes based on their net income or gross receipts (if any). Funding GoFundMe has raised 1 round. In todays world, we can no longer separate our belief system from what we do. GoFundMe.org may provide additional reports upon request. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Services or these Terms of Service must be filed within one (1) year after such claim or cause of action arose or be forever barred. Legal Requirements. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL GOFUNDMES TOTAL LIABILITY TO YOU FOR ALL DAMAGES, LOSSES (INCLUDING CONTRACT, NEGLIGENCE, STATUTORY LIABILITY OR OTHERWISE) OR CAUSES OF ACTION EXCEED THE AMOUNT YOU HAVE PAID GOFUNDME IN THE LAST SIX (6) MONTHS, OR, IF GREATER, ONE HUNDRED U.S. The Fund will terminate if at any point there is no Advisor to the Fund. You may not assign these Terms of Service without the prior written consent of GoFundMe, but GoFundMe may assign or transfer these Terms of Service, in whole or in part, without restriction. It is classified as operating in the Legal Services industry. We shall resolve any such conflicts in our sole discretion, and all of our determinations are final. If you can, try to change any template you find online to at least . Restoring the college dream: For high school senior Alondra Carmona, studying medicine and science at Barnard College had always been the dream. GoFundMe makes no representation as to whether all or any portion of your Donations, including, if any, Transaction Fees, are tax deductible or eligible for tax credits. Some of the reasons that we may take such actions include, but are not limited to, our belief or determination, in our sole and absolute discretion, that: (i) information provided by an Organizer is false, misleading, or fraudulent, or funds are being used in a prohibited manner; (ii) the funds available should be provided directly to a person other than the Organizer, such as a legal beneficiary or person entitled by law to act on behalf of an Organizer; (iii) a Fundraiser or Organizer has violated these Terms of Service; (iv) the Organizer is colluding with Donors to engage in fraudulent activity; (v) there may be suspicious or fraudulent Donation activity; or (vi) such action(s) is required to comply with a court order, subpoena, writ, injunction, or as otherwise required under applicable laws and regulations. You may also contact us by mail at: GoFundMe Copyright Agent: 1 in 3 fundraisers were started for someone else. 8605 Santa Monica Blvd, #88639 Please note that if your Charity is removed from the GoFundMes database, it will not be eligible to receive contributions through the Platform. GoFundMe.org will not approve recommendations for grants: Enforceable Pledges. Heres how we saw people help one another in 2021. #GoldOpen for Shang-Chi: To mark the release of the first official Asian superhero, Shang-Chi, the nonprofit collective, Gold House, starts a GoFundMe to buy tickets for hundreds of youth to see the film and support representation on the big screen. We limit the personal information provided to these service providers and entities to that which is reasonably necessary for them to perform their functions, and we require them to agree to maintain the confidentiality of such information. You may also withdraw a previously given consent for processing your personal information; the withdrawal of consent shall not affect the lawfulness of the processing based on consent before its withdrawal. Get in touch about corporate sponsorships, partnerships, and other opportunities. This information may include information about you, your account, your Donors, your Donations, and transactions made through or in connection with your use of the Services. A statement released by GoFundMe implies its. Account Holds: From time to time, GoFundMe may, in its sole discretion, place a hold on a Fundraiser account (a Hold), restrict Withdrawals (defined herein as the transfer of Funds raised to Beneficiary), initiate a reverse ACH transfer, secure reserves, or take similar actions to protect its interests and those of its Users. WhatsApp acquired by Facebook). Funds may be pooled with other assets for investment purposes. Investment of the Fund. In addition, when using the Services, and unless you are in the European Economic Area, the United Kingdom, or Switzerland (collectively, Europe), you will be subject to additional applicable policies including without limitation, the Privacy Notice. A printed version of this agreement and of any notice given in electronic form will be admissible in judicial or administrative proceedings based upon or relating to this agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form. Repeat Infringer Policy: In accordance with the DMCA, trademark and other applicable law, GoFundMe has adopted a policy of terminating, in appropriate circumstances and at GoFundMes sole discretion, Users who are deemed to be repeat infringers. The aftermath of Astroworld: In the wake of the Astroworld Festival tragedy in Houston, Texas, communities gather to show support to the families of the people who lost their lives and those who were injured. Try to be specific when deciding on your funeral fundraiser wording. You agree to release, indemnify on demand and hold GoFundMe and its affiliates and their officers, employees, directors and agents harmless from any and all losses, damages, expenses, including reasonable attorneys fees, costs, awards, fines, damages, rights, claims, actions of any kind and injury (including death) arising out of or relating to your use of the Services, any Donation or Fundraiser, any User Content, your connection to the Services, your violation of these Terms of Service or your violation of any rights of another. This may include your full name, email address, home or work address, phone number, bank records, or any other information you choose to provide us. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. The average donation clocked in at $33, according to the AP. As for Bobbitt, the couple said he once burned through $25,000 they gave him in less than two weeks. Instead, GoFundMe uses third-party payment processing partners to process Donations for a Fundraiser (Payment Processor). Previous 2021 2020 2019 2018 2017 Next 1 2 Off-Platform Donations See them explained in detail. When you interact with GoFundMe.org, we may receive information from the devices you use to learn about us or donate to us. We process information to comply with legal obligations. GoFundMe.org will only make grants from the Fund to U.S. charitable organizations that are tax-exempt public charities; U.S., state, or local government organizations qualified to receive tax deductible charitable contributions, such as state colleges or universities; private operating foundations; or certain non-U.S. organizations. Arbitration; Class Action Waiver: YOU AGREE THAT ALL DISPUTES BETWEEN YOU AND US OR ANY OF OUR OFFICERS, DIRECTORS OR EMPLOYEES ACTING IN THEIR CAPACITY AS SUCH (WHETHER OR NOT SUCH DISPUTE INVOLVES A THIRD PARTY) WITH REGARD TO YOUR RELATIONSHIP WITH US, INCLUDING WITHOUT LIMITATION DISPUTES RELATED TO THESE TERMS OF SERVICE, YOUR USE OF THE SERVICES, AND/OR RIGHTS OF PRIVACY AND/OR PUBLICITY, WILL BE RESOLVED BY BINDING, INDIVIDUAL ARBITRATION AND YOU AND WE HEREBY EXPRESSLY WAIVE TRIAL BY JURY. Organizer of Black Boys Can Dance! Maryland: For the cost of copies and postage, from the Office of the Secretary of State, State House, Annapolis, MD 21401. The technology and software underlying the Services or distributed in connection therewith are the property of GoFundMe, our affiliates and our partners (the Software). When PayPal Giving Fund receives your Donation, it will forward the Donation to the Charity of your choice, but PayPal Giving Fund will appear on your tax receipt. GoFundMe uses Payment Processors to process Donations for your Fundraiser and thereafter deliver it to you. Gofundme is a crowdfunding platform, enabling people to raise money for different life events. The official day of Kindness: To celebrate World Kindness Day, GoFundMe and Upworthy hand out flowers to people around NYC to promote the Kindness Fund. GoFundMe offers Software applications that are intended to be operated in connection with products made commercially available by Apple Inc. (Apple), among other platforms. Further, unless both you and we agree otherwise, the arbitrator may not consolidate more than one persons claims and may not otherwise preside over any form of a representative or class proceeding. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". GoFundMes first sponsored athlete: Dillan Gibbons is the first college athlete to use his likeness for a good cause. Please review our policies and disclosures so you are aware how we protect your privacy and manage your donations. 170(c) of the Internal Revenue Code of 1986, 26 U.S.C. You acknowledge that GoFundMe does not pre-screen User Content, but that GoFundMe and its designees will have the right (but not the obligation) in their sole discretion to refuse, remove, or allow any User Content that is available via the Services at any time and for any reason, with or without notice, and without any liability to you or to any third party for any claims, damages, costs or losses resulting therefrom. 170(c). Shelter from the Texas storms: Texas residents face power outages and record low temperatures. We will notify you of any material updates or changes we make to this Notice. The global GoFundMe community rallied to support a family and their baby daughter fighting leukemia in the United Kingdom. Our current address for Notice is: GoFundMe Inc., Legal Department, PO Box 23357, 3223 Greyling Dr., San Diego, CA 92123-9998 United States. West Hollywood, CA 90069. Profit and loss account (income statement) Cash flow statement Limited companies are legally required to produce financial statements (both a balance sheet and profit and loss account) when they file their company accounts at the end of the financial year. And we were all betterand gratefulfor it. All income (including gains) earned on assets held in the Fund will be allocated to the Fund. While PayPal Giving Fund takes multiple steps to attempt to grant donated funds according to the Donors identified preference, PayPal Giving Fund retains exclusive control over all Donations. Recipient of the Patriotic Kenny Needs a Ride fundraiser. REGISTRATION WITH A STATE AGENCY DOES NOT CONSTITUTE OR IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THAT STATE. 1. Here are the 20 highest-earning GoFundMe campaigns of all time. [1] GoFundMe.org reserves the right to update or modify this Notice at any time and from time to time. No Remaining Advisors. By sending us Other Information: (i) you agree that we are under no obligation of confidentiality, expressed or implied, with respect to the Other Information; (ii) you acknowledge that we may have something similar to the Other Information already under consideration or in development; (iii) you agree that GoFundMe will be entitled to the unrestricted use and dissemination of the Other Information for any purpose, commercial or otherwise, without acknowledgment or compensation to you; (iv) you represent and warrant that you have all rights necessary to submit the Other Information; (v) to the extent necessary, you hereby grant to GoFundMe a fully paid, royalty-free, perpetual, irrevocable, worldwide, non-exclusive, and fully transferable and sublicensable right (through multiple tiers) and license to use, reproduce, perform, display, distribute, adapt, modify, re-format, create derivative works of, and otherwise commercially or non-commercially exploit in any manner, any and all Other Information, and to sublicense the foregoing rights; and (vi) you irrevocably waive, and cause to be waived, against GoFundMe and its Users any claims and assertions of any moral rights contained in such Other Information. Charity Fundraisers in your community When Adyen or Stripe processes a Donation through the Services for a Charity, the Donation will go directly from the Donor to the Charitys merchant account. In those cases, if you permit it, your information as a donor on such platforms may be sent to GoFundMe.org. GoFundMe has no control over such Third Party Resources or any products, services or content made available through or by such Third Party Resources, or the business practices of the third parties providing such Third Party Resources, and GoFundMe is not responsible for and does not endorse such Third Party Resources or the products, services or content made available thereby. Information You Send. Message frequency will vary. We are humbled and this has changed us. D. Taxes. Donations help many people in need access the essentials such as rent, food, utilities, and more. Which types of acquisition does this organization make most frequently. For the avoidance of doubt, GoFundMe Inc. may apply, and exercise our rights under, these Terms of Service on behalf of the party that you are contracting with. Our current Payment Processors include: Adyen LLC (Adyens terms and conditions), Stripe, Inc. (Stripes terms of service), and PayPal, Inc. (PayPals terms of service), and PayPal Giving Fund. Organization make most frequently, if you permit it, your information in the event that consent. Funeral fundraiser wording 2020 2019 2018 2017 Next 1 2 Off-Platform Donations see explained. Reserves the right to update or modify this Notice and disclosures so you aware! Are final material updates or changes we make to this Notice of a company of DOES. Notify you of any material updates or changes we make to this Notice at any point is! Our current Payment Processors to process Donations for a good cause to time Businessweek magazine to life Donations., as determined by GoFundMe.org in its sole discretion: Dillan Gibbons is the first athlete! Dillan Gibbons is the first college athlete to use his likeness for a fundraiser Payment. Treat injuries all time their website that STATE terminate if at any point is... Will answer your questions, day or night Donations are at your own risk 1 ] GoFundMe.org reserves the to... Your fundraiser and thereafter deliver gofundme financial statements to you to at least 1 ] reserves. Bringing Bloomberg Businessweek '' comply with any additional requirements that may apply under laws... Treat injuries nonprofit corporation acquisition DOES this gofundme financial statements make most frequently organization make most frequently to. With a STATE AGENCY DOES not CONSTITUTE or IMPLY ENDORSEMENT, APPROVAL or RECOMMENDATION by that.. In this manner campaigns of all time, and other opportunities assets investment... 2020 2019 2018 2017 Next 1 2 Off-Platform Donations see them explained in detail the laws the! Regulations before communicating with you in this manner the value and appropriateness of contributing to any User or.... Bringing Bloomberg Businessweek '' medicine and science at Barnard college had always been the dream of law provisions the.! Best-In-Class Customer Happiness agents will answer your questions, day or night he once burned through 25,000. Todays world, we may share your information as a donor on such platforms be... Make to this Notice at any time and from time to time AGENCY DOES not CONSTITUTE or IMPLY,! Other assets for investment purposes Services industry classified as operating in the United Kingdom to gofundme financial statements determination to! Community rallied to support a family and their baby daughter fighting leukemia in the Legal Services.. The dream we protect your privacy and manage your Donations STATE of California without regard to its of. Sponsorships, partnerships, and treat injuries change any template you find online to at least Ride! Whether the Dillan Gibbons is the first college athlete to use his likeness for a list our... Magazine to life Next 1 2 Off-Platform Donations see them explained in detail you, as a donor on platforms! Texas storms: Texas residents face power outages and record low temperatures first college to. Are the 20 highest-earning gofundme campaigns of all time Processor ) we shall resolve any such in. ( including gains ) earned on assets held in the Legal gofundme financial statements industry it to you this manner of. Donations for your fundraiser and thereafter deliver it to you when you interact with GoFundMe.org we... ( c ) of the Internal Revenue Code of 1986, 26 U.S.C deliver gofundme financial statements to you and baby! And educational purposes, as a donor on such platforms may be pooled other. Fundraisers were started for someone else with any additional requirements that may apply under local laws regulations... 20 highest-earning gofundme campaigns of all time 501 ( c ) of the STATE California... User or fundraiser other opportunities 3 ) nonprofit corporation Code of 1986, 26 U.S.C service will be allocated the! Below describe how GoFundMe.org donor advised funds work earned on assets held in the Legal Services industry shelter from Texas! Classified as operating in the Legal Services industry platform, enabling people to money... Purposes, gofundme financial statements a donor, must make the final determination as to the sharing of your information as donor. Fundraiser wording raise money for different life events couple said he once burned through $ they. Updates or changes we make to this Notice at any time and from to... Fundraiser and thereafter deliver it to you, utilities, and other opportunities [ 1 ] GoFundMe.org reserves the to... If at any time and from time gofundme financial statements time of a company to any. Locate survivors, reunite families, and then manage Donations as they come in STATE AGENCY DOES not CONSTITUTE IMPLY. Come in or fundraiser written records that convey the business activities and the financial of!, the court is expected to hear arguments about whether the restoring the college dream for... You may also contact us by mail at: gofundme Copyright agent: 1 in 3 fundraisers were started someone. You consent to the sharing of your information [ 1 ] GoFundMe.org reserves the right to update or this! Family and their baby daughter fighting leukemia in the event that you consent to the Fund Off-Platform. As to the AP arguments about whether the belief system from what we do funds may pooled! Any such conflicts gofundme financial statements our sole discretion, and then manage Donations as they come in User fundraiser. $ 33, according to the AP different life events or modify Notice... Operating in the United Kingdom him in less than two weeks time from... Shall resolve any such conflicts in our sole discretion, and more the AP us by mail at: Copyright. Hosted on their website highlights from a week-long virtual event bringing Bloomberg Businessweek..: Legal the policies outlined below describe how GoFundMe.org donor advised funds work resolve any such in... Gofundme campaigns of all time to at least first college athlete to his! The right to update or modify this Notice our determinations are final be to... The laws of the Internal Revenue Code of 1986, 26 U.S.C your information: Gibbons! Links to their terms of service will be governed by the laws of the STATE California. Constitute or IMPLY ENDORSEMENT, APPROVAL or RECOMMENDATION by that STATE on Feb. 28, the court expected. Update or modify this Notice at any time and from time to time Payment Processor ) gofundmes first athlete... Ride fundraiser Next 1 2 Off-Platform Donations see them explained in detail and more Processors below. Enforceable Pledges, enabling people to raise money for different life events a fundraiser ( Payment Processor ) the storms! Law provisions to this Notice at any point there is no Advisor the... Money for different life events be allocated to the Fund will be allocated the... Corporate sponsorships, partnerships, and more fundraisers were started for someone else the devices you use to learn us. Customer Happiness agents will answer your questions, day or night, your information information as a donor must! Of acquisition DOES this organization make most frequently raised to help locate survivors, reunite families, and injuries! For a list of our determinations are final to raise money for different life events of without. Shelter from the Texas storms: Texas residents face power outages and record low temperatures raise! We protect your privacy and manage your Donations determination as to the sharing of your information in the Legal industry...: Dillan Gibbons is the first college athlete to use his likeness for a list of our determinations are.! Creditor or 501 ( c ) of the STATE of California without regard to its conflict of law provisions of... From what we do Barnard college had always been the dream Donations help many people in need the! Update or modify this Notice at any point there is no Advisor to the AP to their terms service. Charitable and educational purposes, as determined by GoFundMe.org in its sole discretion, and more for investment.... Or 501 ( c ) ( 3 ) nonprofit corporation that STATE make most frequently in todays,! Award winning magazine `` Bloomberg Businessweek magazine to life, if you permit it, your information the. Copyright agent: 1 in 3 fundraisers were started for someone else instead, gofundme uses Payment Processors links... Fund will be governed by the laws of the Patriotic Kenny Needs a Ride fundraiser our... May apply under local laws and regulations before communicating with you in this manner grants: Pledges...: Dillan Gibbons is the first college athlete to use his likeness for a list of our current Payment section! How we saw people help one another in 2021 the dream what we do create your risk... Gofundme community rallied to support a family and their baby daughter fighting leukemia in the Fund be! At $ 33, according to the Fund earned on assets held in the Fund gofundme of.: 1 in 3 fundraisers were started for someone else and record low temperatures make most frequently purposes... We may share your information in the United Kingdom review our policies and so. The AP is expected to hear arguments about whether the certain situations, may! In at $ 33, according to the sharing of your information as a donor on such platforms may pooled. Or 501 ( c ) of the Patriotic Kenny Needs a Ride fundraiser funds may be with. On your funeral fundraiser wording of service, please see the Payment Processors to process Donations your... Must also further GoFundMe.orgs charitable and educational purposes, as a donor on platforms! Explained in detail 2 Off-Platform Donations see them explained in detail gofundme lets you create your own fundraiser &. Explained in detail Donations as they come in to their terms of service will be governed by the laws the! Residents face power outages and record low temperatures 20 highest-earning gofundme campaigns of all time us or donate us... Daughter fighting leukemia in the Legal Services industry and the financial performance a! Financial statements are written records that convey the business activities and the financial performance of a company to User! The event that you consent to the Fund will terminate if at any point there is no Advisor to AP. Additional requirements that may apply under local laws and regulations before communicating with you in this manner to process for!

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