Publish: 20.12.2017

GoFund Me Profits $585K On Tragic Vegas Shooting

LasVegas shooting GoFundMe managers should truly be ashamed of themselves.

The entire world was shocked and saddened by the tragic shooting in Las Vegas just a few months ago. There isn’t a single decent person on the entire planet who wasn’t left shocked and horrified by the senseless act of terrorism that left so many dead and wounded.

In the wake of so much grief, donations have poured in from around the globe in an effort to provide aid and comfort to victims. But unfortunately, crowd funding site GoFundMe has already made a handsome profit by skimming tons of transaction fees off the top of the money so generosity given to help ease the pain and suffering of others.

The final insult? To date, not a single victim has received a single cent.

GoFundMe’s Shameless Cash Grab

LasVegas shooting GoFundMe managers should truly be ashamed of themselves. Nearly $12m has been given in the two months since the attack, and not a single person has been helped — other than themselves, that is.

The site has taken an astonishing $585K in fees from nearly 90,000 donations. Despite repeated calls for a fee waiver — or at least a reduction — the crowdfunding site remains obstinate. It can only be imagined what executives will feel like to cash the corporate checks consisting of money that could have gone to help the victims of a massacre. Then again, it seems they are pretty cold and heartless, so they probably won’t feel much.

However, they did respond to an outcry so large that it threatened to cause harm to their wallet. The company has agreed to remove potential fees for aid campaigns begun on November 1st or later. Conveniently, that date allows it keep the hundreds of thousands in fees it has already generated from the tragedy.

Distributing Funds Problematic As Well

As if terrorist profiteering wasn’t enough, there are also mounting concerns that the GoFundMe funds are being mismanaged. Victims and victim’s families have complained of an application process involving countless bureaucratic hurdles and waiting.

These problems have given rise to the Las Vegas Victims’ Fund Committee, a non-profit charged with managing the allocation and distribution of the money. Prominent members from the gambling industry include The Wynn Foundation and Boyd Gaming. In a statement, they expressed hope that the generosity of people could play some small role in the healing process.

“While we know financial gifts cannot erase the traumatic impacts of this tragedy, we hope such gifts can be a symbol of the love and support shared by thousands around the world, and help the victims and their families in some way.”

We can only hope GoFundMe executives are listening.