Chicago-based crowdfunding website GiveForward announced Thursday that more than $100 million has been donated to people with medical needs, an amazing feat considering the site is less than six years old.
More than one million people have donated using GiveForward since it began in 2008, and the site has helped thousands of people connect with donors to assist with medical costs, cancer treatments, funeral expenses and other medical needs.
In a thank you note to its users, GiveForward rattled off some impressive stats about the young company.
- 34,938 fundraisers on GiveForward have raised more than its original goal.
- GiveForward received $400,831.86 in donations on April 18, 2013, the highest amount for the site in a single-day.
- GiveForward reached $50 million in donations by June 2013, meaning the site received another $50 million in donations in less than a year.
- The site received $1.4 million in donations for victims of the Boston Marathon bombings in 2013.
- The top five states in order of most donations: California, Texas, New York, Florida and Illinois.
GiveForward’s first donation came in August 2008 for Luke Winders, who had to pay $3,200 out-of-pocket for his 22-day stay in the hospital. Forty four people contributed to that fundraiser, which reached 77 percent of its goal.
It helped a woman battling cancer in 2012 raise more than $13,000.
And it raised more than $35,000 and helped a 4-year-old girl return to dance class after she was diagnosed with stage IV cancer, among many other success stories.
GiveForward charges a fee of 7.9 percent plus $0.50 per transaction. Of that, 2.9 percent and the $0.50 goes to its online payment service provider and 5 percent goes to the company. The site boasts that 95 percent of their donors cover those fees, which has allowed the average GiveForward fundraiser to keep 99.5 percent of the money it raises.
To see current fundraisers, and to watch the donation tracker update in real time, visit giveforward.com.