Payment processors collect 2.9% and $0.30 from each GoFundMe transaction. If the user receives no donations, then no charge is made. Those who donate can also leave comments on the website. People can then donate to a user's cause through the website using a debit card or credit card and track the funding. Once the website is created, GoFundMe allows users to share their project with people through integrated social network links (Facebook, Twitter, etc.) and email. Business model ĭuring this process, members can describe their fundraising cause and the amount they hope to raise, and upload photos or video. Ballester remains on the board of directors and holds an undisclosed stake in the company.
In January 2017, GoFundMe acquired CrowdRise. The deal valued GoFundMe at around $600 million. Damphousse and Ballester stepped down from the day-to-day oversight of the company. In June 2015, it was announced that Damphousse and Ballester had agreed to sell a majority stake in GoFundMe to Accel Partners and Technology Crossover Ventures. The company receives over $140 million in donations per month and made 2016 $100 million in revenue. In March 2017, GoFundMe became the biggest crowdfunding platform, responsible for raising over $3 billion since its debut in 2010.
GoFundMe was founded in San Diego, California. Damphousse and Ballester originally created the website under the name "CreateAFund" in 2008 but later changed the name to GoFundMe after making numerous upgrades to the features of the website. Both had previously founded Paygr, which is a website dedicated to allowing members to sell their services to the public. The company was founded in May 2010 by Brad Damphousse and Andrew Ballester. įounded by Brad Damphousse and Andrew Ballester, the company is based in Redwood City, California, with offices in San Diego and Dublin, and operations in France, Spain, Germany, Italy and the United Kingdom. From 2010 to the beginning of 2020, over $9 billion has been raised on the platform, with contributions from over 120 million donors. I hope you can help me and the rest of Jenna's family and friends to support Jenna in this fight.GoFundMe is an American for-profit crowdfunding platform that allows people to raise money for events ranging from life events such as celebrations and graduations to challenging circumstances like accidents and illnesses. My name is Ashley Shillingburg and I am Jenna's sister in law. "5 years from now I hope to be at my Library promoting breast cancer awareness, helping others through the confusing process, and working with the children in my community to plant an organic vegetable garden at the library." Any sized contribution will make an impact and is a meaningful way to show your support of Jenna through her very difficult journey ahead. Per the advice of her surgeon for she is also switching to organic everything which is not cheap!!Īll that being said, please take a moment to consider donating to this amazing woman. When she has surgery, whether it’s a lumpectomy or a single or double mastectomy, she will be out of work with all of the doctors appointments and she has the cost of surgery. She has an OBGYN appointment to have her IUD removed since it’s “feeding the cancer”, an appointment with the Oncologist, 3-6 months of chemo (which is 4-8 doctor visits) and 3-6 weeks out of work, and another MRI. She has had seven biopsies, an MRI, an appointment with a General Surgeon already. If the cancer does not shrink, She will have a single or double mastectomy. She will also under go test for the genetic presence of the BRCA gene, and hope the cancer shrinks enough to perform a lumpectomy. Under doctors recommendation, she will start an IV chemo which will definitely cause her to lose her hair based on the cocktail they are recommending. Jenna was diagnosed with Stage 3b Breast Cancer. The day she learned she finally got her hard earned dream job as a Youth Services Librarian, she also received news that would change her life. in English, and University of Maryland and got a M.S. She particularly enjoys reaching out to teens and mid grade youth to learn about their passions and explore ways to foster a love of reading and learning at a young age. Jenna is a bright beautiful soul who has had the dream to work with books and children, teens, and adults.
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