Crowdfunding Your Power To Heal “Crowdfunding” is a buzzword that hasn’t quite made it to everyone’s ears yet. It refers to the practice of collecting donations from a group or “crowd” to raise money through small donations towards a single goal. The platform has existed for longer than most would think—19th century literary works were published in a similar way, local or noteworthy patrons giving commissions to an author for a future copy of their work. The Internet has revolutionized the reach of crowdfunding. Kickstarter is the name most commonly associated with crowdfunding, helping fund creative projects with backers usually receiving a reward for their pledged donation. Charitable crowdfunding, though typically absent of any reward incentive (isn’t giving its own reward?), has also been hugely impacted by the

Internet. New platforms are using modern technology to elicit donations for personal or cause-based campaigns. Individuals raise funds to help recover from a disaster or personal tragedy, pay their pet’s vet bills, fund honeymoons, and to help pay their own medical bills. These personal campaigns can spread through social media beyond those you personally know to people who simply support your cause. Over $100,000,000 has been raised through charitable crowdfunding campaigns. With medical bills being the largest cause of bankruptcy in the United States, crowdfunding can be a lifeline where there may be no other viable solutions. Costs of care can prevent someone from seeking out a doctor or buying their prescription medications, leading to worse financial problems in the future if…