Story perspectives

GoFundMe Shifts Focus to Everyday Needs Amid Inflation

10/15/2025

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Summary

Story summary

Tim Cadogan, GoFundMe CEO, says more Americans use the platform to fund groceries, signaling a shift from emergency campaigns to everyday needs.
Cadogan notes essential costs have risen over the past three years, reflecting ongoing inflation and household strain.
He notes a potential historic wealth transfer as baby boomers pass trillions in inheritance, urging greater charitable giving.
Cadogan hopes younger donors will contribute more to food security and community needs.

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Story summary

Tim Cadogan, GoFundMe CEO, says more Americans use the platform to fund groceries, signaling a shift from emergency campaigns to everyday needs.
Cadogan notes essential costs have risen over the past three years, reflecting ongoing inflation and household strain.
He notes a potential historic wealth transfer as baby boomers pass trillions in inheritance, urging greater charitable giving.
Cadogan hopes younger donors will contribute more to food security and community needs.