Is Crowdfunding Charity? Exploring Contemporary Meanings of “Philanthropy”

ABSTRACT Over the course of nearly a decade, a strong body of academic research has emerged showing that the benefits of personal crowdfunding via GoFundMe and similar platforms are neither as easily attained nor as evenly distributed among users as many would hope. In this response to Lukk et al.'s (2025) article “Disrupting Philanthropy? A Reality Check for Digital Crowdfunding,” I extend the authors' discussion of the harmful effects of the for‐profit crowdfunding industry on equality, campaigner/beneficiary autonomy, and the spread of misinformation by examining how crowdfunding has shifted the meaning(s) ascribed to “philanthropy” in Western societies.

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Publication Details

Journal
Journal of Philanthropy
Published
2025-11-01
DOI
https://doi.org/10.1002/nvsm.70037
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.00
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article

Is Crowdfunding Charity? Exploring Contemporary Meanings of “Philanthropy”

Vincci Li
Journal of Philanthropy
FinTech, Crowdfunding, Digital Finance
article

Is Crowdfunding Charity? Exploring Contemporary Meanings of “Philanthropy”

Vincci Li
article en

Abstract

ABSTRACT Over the course of nearly a decade, a strong body of academic research has emerged showing that the benefits of personal crowdfunding via GoFundMe and similar platforms are neither as easily attained nor as evenly distributed among users as many would hope. In this response to Lukk et al.'s (2025) article “Disrupting Philanthropy? A Reality Check for Digital Crowdfunding,” I extend the authors' discussion of the harmful effects of the for‐profit crowdfunding industry on equality, campaigner/beneficiary autonomy, and the spread of misinformation by examining how crowdfunding has shifted the meaning(s) ascribed to “philanthropy” in Western societies.

Journal of PhilanthropyVol. 30(S1)
York University (CA)
Openalex Percentile: Top 47%
FinTech, Crowdfunding, Digital Finance
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