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The same is true in online crowdfunding. However, some differences exist in their method of giving, geography, and demographics. Online crowdfunding donors differ from traditional fundraising donors in that donors give anonymously, do not have a connection to the recipient, and donors may seek out a cause or recipient to give to. [7]
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By contrast, small donors who contribute up to $200 directly to a federal campaign are not automatically reported to the FEC. [ 18 ] [ 20 ] In 2024 the Institute for Free Speech sued the FEC over the discrepancy whereby small donors utilizing conduits ActBlue or WinRed are automatically made public but same-sized direct donations are not.
The first $1M goal was started on May 1, and was reached on May 13, [87] and the second, $5M goal was started on June 4 and was reached on July 4, at 9:30 pm EST - 9 hours short of the deadline of 6 am, July 5, EST (or midnight in Hawaii.) [88] After the crowdfunding deadline, Mayday PAC raised an additional $4M from large donors.
Two major kinds of such donations deserve specific consideration, charitable as well as political donations. According to a 2020 study of large United States–based corporations, "6.3 percent of corporate charitable giving may be politically motivated, an amount 2.5 times larger than annual PAC contributions and 35 percent of federal lobbying.
You don't give away that much money without changing the places and institutions and people you give it to, sometimes for the worse. Zuckerberg should already know this. In 2010, he donated $100 million to the Newark Public Schools on a promise from Cory Booker that he could, according to Dale Russakoff's The Prize , "flip a whole city."
ActBlue, the leading Democratic online donation processor, reported that donors gave $46.7 million in small-dollar donations through the platform for the day by 9 p.m. Eastern.
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