Would you try raising money for infertility through crowdfunding? We came across an interesting article that talked about how couples are doing just that!
An increasing number of couples are struggling with infertility. Fertility treatments cost a LOT of money – much more money than the typical couple has at their disposal – tens of thousands of dollars! So how can the average couple go about raising money for fertility treatments? Increasingly, couples are turning to a new way of raising money: crowdfunding sites such as Go Fund Me and Indiegogo.
Raising Money for Fertility Treatments
How successful are couples in raising money for fertility treatments on crowd funding sites? Very. Sometimes they can meet their fundraising goal in a matter of weeks. As in the past, when people used to simply spread the word that they were seeking donations, many of the actual funders on these crowdfunding sites end up being friends and family. But many are also complete strangers.
What’s the hook? According to Indiegogo’s playbook, people contribute for four reasons: people, passion, participation, and perks. What can prospective parents offer their funders as incentives (besides the warm fuzzy feeling from helping someone out)? Some couples offer to name them as honorary godparents or promise to send monthly photos once the baby is born. And it doesn’t end at in vitro fertilization treatments either – some couples are raising the thousands of dollars needed to pay an egg donor through crowdfunding.
Before you consider if you’d like to raise money through a crowdfunding site yourself, consider some of the following:
- Do you both mind being THAT public about your infertility problems?
- Can you deal with possible (very public) negativity from people who disapprove of publicly funding your fertility treatments this way?
- How much money you actually need, including incidentals
- Remember that friends and family are the biggest funders – do you have enough to meet your goal?
Raising money for fertility treatments through crowdfunding doesn’t seem that far-fetched, considering some of the other things that people use the services for! For some couples, it may be the only way to get that much-needed extra money to help them afford infertility treatments. As mentioned above, it really does depend on your comfort level whether this is an option for you.
Would you give money to a couple raising money for fertility treatments on a crowd funding site? Would you or have you used a crowdfunding site to raise money for treatments? Let us know in the comments!