Bob White
Hi Kris...and everybody else. I closed the checking account several years ago. After the last actual reunion in Lake Bluff, we had less than $100 in the account. Since it looked like another reunion was questionable and I knew Bill needed funds for the website, I closed the account and sent the balance to Bill to help keep it alive.
I see a several problems with GoFundMe.
• it's really set up for one-time fund raising.
• olks have to know we have aGoFundMe page in order to contribute.
• GoFundMe takes a cut (3%) of the donations.
• Unless Bill sets up LFHS Class of '61 as a non-profit corporation, he'll need to give GoFundMe his SS# and pay taxes on the income generated.
My suggestion( which I shared with Bill over the phone yesterday), is to simply send out a direct email to all of us as replacement funds are needed. Bill would share how much the site costs and how much we need to keep it going. If/when donations fall off to the point of not supporting the website, well...maybe it's time to let it go.
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