GoFundMe

Definition

GoFundMe is an online crowdfunding platform that allows individuals to raise money for personal causes, emergencies, medical expenses, education, or other specific needs. It provides a way for people to seek financial support from their network and beyond.

Related terms

Fundraiser: A fundraiser refers to an event or campaign organized to collect funds for a particular purpose, just like how GoFundMe helps individuals create fundraisers for their specific needs.

Personal Crowdfunding: Personal crowdfunding involves raising funds for individual purposes such as medical bills, education fees, travel expenses, etc., which aligns with the focus of GoFundMe.

Social Media Sharing: Social media sharing plays a crucial role in crowdfunding campaigns as it helps spread the word and reach potential donors. Platforms like GoFundMe often integrate social media features to facilitate sharing.