--- title: "GoFundMe CEO Tim Cadogan on healthcare, politics, AI, and making money" url: https://daily.dev/posts/gofundme-ceo-tim-cadogan-on-healthcare-politics-ai-and-making-money-d3qe4aqss source_url: https://www.theverge.com/podcast/982901/gofundme-ceo-tim-cadogan-fundraising-healthcare-medical-expenses type: article source: "The Verge" published: 2026-08-24T14:03:06.322Z updated: 2026-08-26T00:08:05.275Z tags: ["business", "ai-agents", "fintech"] reading_time: 63 upvotes: 1 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # GoFundMe CEO Tim Cadogan on healthcare, politics, AI, and making money **[The Verge](https://daily.dev/sources/theverge)** · 63 min read · 1 upvotes · 0 comments ## Summary GoFundMe CEO Tim Cadogan discusses how the fundraising platform became a central pillar of the US social safety net, especially after the pandemic, and how medical expenses remain the top fundraising category worldwide. He explains the company's revenue model built on optional donor tips rather than mandatory fees, discusses a new AI-powered Smart Fundraising Coach that helps users write and manage campaigns, and defends the company's for-profit structure as enabling greater investment and innovation than a nonprofit could sustain. The conversation also touches on the tension between GoFundMe's growth incentives and broken healthcare systems, referencing research linking Medicaid expansion to fewer medical fundraisers. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What percentage fee does GoFundMe charge on donations in the US? GoFundMe charges a standard payment processing fee of 2.9% plus 30 cents per transaction in the US, the same rate charged for typical credit or debit card transactions. Beyond that, GoFundMe only earns revenue from optional tips that donors can choose to give, with no other mandatory platform fee. _Anyone comparing crowdfunding platform costs can follow fee structure breakdowns like this on daily.dev._ ### What is the average donation amount on GoFundMe personal fundraisers? The average personal donation on GoFundMe falls between $80 and $100, though it varies by category and country. Recurring nonprofit donations through GoFundMe Pro tend to be lower, typically in the $25 to $30 range, since those represent ongoing monthly commitments rather than one-time gifts. _daily.dev helps readers track real numbers behind platform business models like this one._ ### Is medical crowdfunding equally effective across all US states? No, medical crowdfunding outcomes vary significantly by state. A University of Washington study of over half a million medical expense campaigns found that 30 percent raised $0, and states with higher medical debt burdens saw lower average fundraising amounts, meaning crowdfunding does not equalize access to care across regions. _Developers and analysts researching healthcare data disparities can find grounded reporting like this on daily.dev._ ## Similar posts on daily.dev - [Hank Green lets loose on YouTube, billionaires, and algorithms](https://daily.dev/posts/hank-green-lets-loose-on-youtube-billionaires-and-algorithms-hzhuebv8q) · The Verge · 0 upvotes · 0 comments - [Fundraising has become the end for startups, not the means to grow](https://daily.dev/posts/fundraising-has-become-the-end-for-startups-not-the-means-to-grow-d7kqkryzm) · Codemotion · 3 upvotes · 0 comments - [Thank HN: You helped save 33k lives](https://daily.dev/posts/thank-hn-you-helped-save-33k-lives-lsmf0mxzs) · Hacker News · 0 upvotes · 0 comments - [I Tried 7 Best GoFundMe Alternatives \(Raise More, Pay Less\)](https://daily.dev/posts/i-tried-7-best-gofundme-alternatives-raise-more-pay-less--582byjnb4) · WordPress Beginner · 0 upvotes · 0 comments --- Tags: [#business](https://daily.dev/tags/business), [#ai-agents](https://daily.dev/tags/ai-agents), [#fintech](https://daily.dev/tags/fintech) [View this post on daily.dev](https://daily.dev/posts/gofundme-ceo-tim-cadogan-on-healthcare-politics-ai-and-making-money-d3qe4aqss)