How Funeral Directors Can Embrace Crowdfunding

In addition to this article, be sure to read the specific story about the popularity of crowdfunding for funerals in Philadelphia, PA.

-John

 

It’s not just in Philadelphia either. Communities across the country turn to crowdfunding. NerdWallet obtained data from four popular third-party crowdfunding sites. They found that the “Funerals, Memorials & Tributes” category is not only one of the largest, it’s the fastest growing. And on top of that, funeral crowdfunding campaigns tend to raise more money than other charitable fundraisers, with the average campaign raising $3,000. In fact, since 2010, more than $340 million has been raised for funeral-related campaigns.

Source: How Funeral Directors Can Embrace Crowdfunding

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