Broncos start legislated process to deal with money from GoFundMe campaign
REGINA — Money raised in a GoFundMe campaign after the Humboldt Broncos bus crash will go directly to survivors and families of those killed, but a fee of nearly $500,000 is being deducted by the online fundraising site from just over $15 million in donations.
Broncos president Kevin Garinger says Saskatchewan has legislation to deal with the administration of funds raised through a public appeal. That process has started and a Court of Queen’s Bench justice is to be appointed to oversee it.
“The GoFundMe campaign raised $15.175 million, approximately,” said Garinger. “After the deduction of fees charged by GoFundMe, the net amount the memorial fund anticipates receiving from the donated monies is … right around $14.7 million.
“One hundred per cent of that total, as well as any interest gained through the funds that are going to be held in trust, will go toward the 29 families that have been impacted by this unthinkable tragedy.”