The Crowdfunding Dilemma: Generosity Meets Skepticism Amid Financial Crises

Fri Jan 09 2026 13:14:44 GMT+0200 (Eastern European Standard Time)

A closer look at the rising phenomenon of crowdfunding in America reveals both a willingness to support others in need and a growing skepticism about the motives behind such campaigns. A recent AP-NORC poll highlights the complexities of crowdfunding.

Quintin Sharpe, a Wisconsin wealth manager, exemplifies the dual nature of crowdfunding: the desire to help those in need and the skepticism surrounding the reliability of campaigns. About 20% of U.S. adults donated to crowdfunding efforts last year, primarily for medical expenses. However, many doubt the transparency of fees and the authenticity of fundraisers. While crowdfunding serves as a vital resource for those facing financial crises, it also raises questions about the system's trustworthiness.

NEW YORK (RTWNews) — Quintin Sharpe believes it is his responsibility to assist those less fortunate. He regularly participates in community service, donating to food pantries and volunteering at his parents' nonprofit music school in southeastern Wisconsin.

Last year, Sharpe faced his own test of charity when a friend's father was severely injured in a car accident. A quick way to offer assistance was through a GoFundMe campaign, to which he contributed over $100.

According to a poll from the AP-NORC Center for Public Affairs Research, about 20% of U.S. adults donated to crowdfunding platforms last year, with medical costs being the leading reason for their contributions.

Crowdfunding has surged in popularity, allowing individuals to quickly solicit funds for emergencies, sports items, and more. However, it has its challenges, as many Americans are skeptical about whether those seeking funds genuinely need them or if crowdfunding sites charge fair fees.

“It can be expedient because it only requires going through one platform,” Sharpe noted about the advantages of crowdfunding. But he also acknowledged that it requires trust.

Approximately 60% of crowdfunding contributors gave less than $50 last year, highlighting the need for personal networks and social media to drive funding.

Medical expenses were the most common category for donations, with advocates recognizing the gap in coverage that increasingly forces individuals to resort to crowdfunding. Critics like Jeremy Snyder worry this reliance on crowdfunding will grow as healthcare costs rise.

Despite the benefits, doubts linger regarding conventional platforms. Just 44% of Americans trust that sites charge reasonable fees, and a majority voiced uncertainty about the accountability of funds once raised.

As one donor, Maria Barrett from New Jersey, pointed out, “It shouldn’t be so hard for people to get help without having to resort to crowdfunding.” This sentiment reflects a growing concern that financial aid should stem from stronger systemic support rather than individuals being forced to rely on popular donation platforms.

The AP-NORC poll underscored the complexities of crowdfunding, highlighting a blend of generosity and skepticism that defines this modern form of charity.