If you’re ready to launch a crowdfunding campaign for a cause that you’re passionate about, it would be beneficial to do your research before choosing your fundraiser’s platform. Many crowdfunding websites charge 5 percent to 10 percent in fees just to use their platform, which means less donations will goes towards helping your beneficiary during their time of need.
YouCaring is known as the leader in free online fundraising because we have no platform fees. This is because we believe that for people facing life’s challenges and hardships, every dollar counts.
Keeping those extra 5 percent to 10 percent of donations can go a long way, so what can you do with the additional funds? From paying for travel expenses to starting your own foundation, this blog will guide you in how to use your extra funds from YouCaring.
1. Travel Expenses
In many cases, hospital patients are relocated to a hospital out-of-town or even out-of-state to receive the best medical care. While this is a benefit to the patients, families have to travel far and wide to visit their loved ones. The extra 5 percent to 10 percent of funds from your fundraiser will help cover the cost of gas, hotel rooms, food, and more.
2. Extra Treatments
While crowdfunding can help raise money quickly to cover medical expenses, some diagnoses or other complications can arise along the road to recovery. When these unexpectedly occur, it’s helpful to have those extra funds from YouCaring’s no platform fee policy handy. You would never want to have to hold back on a life-saving measure due to a lack of funds.
3. Family Vacation
Taking a well deserved family vacation after a successful battle with a diagnosis or giving back in a meaningful way to a cause you love is another great way to utilize your extra funds. Consider taking a trip to your beneficiary’s favorite place or a destination they’ve been dreaming of going to to celebrate life and your successful fundraiser.
4. Home Expenses
While you are spending all of your time with your sick loved one and raising funds for their medical expenses, you don’t have much time to think about other expenses like your mortgage, or electricity bills. The 5 percent to 10 percent of extra funds kept can go towards keeping your family afloat at home while you’re supporting your loved one during their recovery.
5. Scholarship Fund
For members who are passionate about education, launch a scholarship fund for a child with the extra funds collected from your fundraiser. This could be for the child of your beneficiary or a child that brings joy into their life, but kickstarting their higher education would be a meaningful way to spend your excess funds.
6. Donate to a Cause
What better way to give back than to donate to another YouCaring fundraiser? Once your fundraiser has reached it’s goal, giving back to another fundraiser that touches your heart is the best way to spread kindness and entice others to give back in a meaningful way.
7. Start a Foundation
If you want to continue raising money for another cause after the success of your fundraiser, consider starting your own foundation. One YouCaring fundraiser, Finley’s miracle surgery to get her dancing legs, raised over $65,000 for their daughter’s life-changing Selective dorsal rhizotomy (SDR) surgery. But, they didn’t stop there. After building a strong community passionate about raising awareness and funds for Cerebral Palsy, Finley’s family is launching their own foundation in 2017 called The Finley Foundation. Starting your own foundation is a great way to keep your community involved after your fundraiser and use those extra funds in a substantial way.
Choosing YouCaring as the platform for your fundraising efforts can go a long way. Not only can you take advantage of the no platform fees, but you can choose to do something meaningful with the extra donations you wouldn’t have if you chose another site. If you’re ready to keep the donations you worked hard for, launch a free fundraiser today.