Monday, October 10, 2022

Latest on Ukraine Crowdfunding: Tomas the Tank; United24 Approaches $200 Million

Ukraine-Flags_385_FThe BBC reports the latest successful fundraising effort to support Ukraine, with a Czech crowdfunding campaign raising more than $1.3 million to pay for a modernized Soviet-era T-72 tank named, appropriately, Tomas. The Czech defense ministry and Ukraine's embassy in Prague supported the campaign, which the Czech Defense Minister called "a proper present" for Russian President Vladimir Putin's 70th birthday. Organizers of the campaign say it will continue, in order to pay for more military equipment for Ukraine.

The article notes that the main charitable donations programs to support Ukraine is United24, which to date has raised almost $200 million for military equipment, humanitarian and medical aid, and for rebuilding Ukraine. It also reports that Russia is trying to raise funds through crowdfunding as well, although some of those campaigns are reported to be less than voluntary.

Lloyd Mayer

https://lawprofessors.typepad.com/nonprofit/2022/10/latest-on-ukraine-crowdfunding-tomas-the-tank-united24-approaches-200-million.html

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