Process started to handle Humboldt GoFundMe donations
Money raised in a GoFundMe campaign after the Humboldt Broncos bus crash will go directly to survivors and families of those killed, but a fee of nearly $500,000 is being deducted by the online fundraising site from the more than $15-million in donations.
Broncos president Kevin Garinger says Saskatchewan has legislation to deal with the administration of any funds raised through a public appeal.
“The GoFundMe campaign raised $15.175-million, approximately,” Mr. Garinger told a news conference on Thursday. “After the deduction of fees charged by GoFundMe, the net amount the memorial fund anticipates receiving from the donated monies is … right around $14.7-million.”
GoFundMe said it charges a platform fee, which is 2.9 per cent plus 30 cents a donation, for payment processing fees that cover charges from third-party card processors and the secure transfer of funds. Once the money is transferred to the team, Mr. Garinger said it will be held in trust until the legal process is complete.
“One hundred per cent of that total, as well as any interest … will go toward the 29 families that have been impacted by this unthinkable tragedy.”
The Broncos said the legal process has started and a Court of Queen’s Bench justice is to be appointed. It will be overseen by a volunteer board of directors, with assistance from lawyers who are also providing their services free of charge. The process is expected to take up to three months, Mr. Garinger said.