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TheStreet Open House

Crowd Funding Platform Waives Fees To Facilitate Social Media-Fueled Disaster Relief Efforts

SAN FRANCISCO, Nov. 14, 2012 /PRNewswire/ -- Crowdtilt, a startup company that offers a simple-to-use platform where individuals and groups can fundraise, collect, or pool money online, today announced that the company and its payment processor Balanced are waiving their fees to enable individuals and groups to band together to provide assistance to those affected by Hurricane Sandy. Those wishing to raise donations to help storm victims can visit Crowdtilt's fundraising page at http://go.crowdtilt.com/Fundraisers.html and enter the special promo code "sandyrecovery" to get started.

A unique fundraising tool that allows users to quickly set up a campaign, identify a minimum dollar amount and collect funds while getting the word out with Facebook and Twitter integration, Crowdtilt enables users to collect money safely and rapidly. Once the minimum dollar amount the user sets is pledged, the campaign "tilts," collecting funds and enabling disbursement.

In addition to contributing to large-scale relief efforts, Crowdtilt users can focus their funding on specific individuals in their social networks. Crowdtilt is ideal for facilitating personal fundraising efforts to help families who were affected by the disaster, enabling friends to contribute directly to those who need assistance in the wake of the storm. Crowdtilt and Balanced will waive their standard fees.

"Hurricane Sandy destroyed countless homes and businesses and will continue to affect millions of people for weeks and months," said James Beshara, Crowdtilt CEO and Co-Founder. "Groups of friends, business networks and families will need to pull together in the days ahead to help storm victims get back on their feet. We're ready to help them make that happen."

A completely secure platform that is intuitive and simple to use, Crowdtilt is the easiest way for friends to quickly get a donations drive up and running.

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