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Board raises concerns about crowdfunding fees after examples of vendors taking 35–60% of donations
Summary
Board members flagged crowdfunding arrangements that can take 35–60% of fundraising proceeds and asked administration to negotiate preferred vendor terms or change procedures so donors keep more of their gifts; staff said they are exploring vendor agreements and procedural fixes rather than immediate policy rewrites.
Board members during the fiscal update raised concerns about third‑party fundraising platforms and revenue contracts that can divert a substantial share of donations to platform fees or merchandise costs. Multiple trustees said they had seen examples where a fundraising vendor retains 40%–60% of the gross proceeds, which the…
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