Does anyone know how to legally throw a fundraiser for a family?

My six year old cousin has Sarcoma cancer and is currently undergoing chemo and radiation treatments at Memorial Sloan Kettering. Although insurance is covering a lot, the family still has medical bills. One such bill is a transportation bill where an ambulance picked her up from Sloan, made a u-turn on York and dropped her off at NY Prespyterian Hospital right across the street - the bill for that alone is $15,000. I'd like to throw a fundraiser for them but I want to make sure I do it legally. Any help would be appreciated! Thanks in advance!

Re: Does anyone know how to legally throw a fundraiser for a family?

www.gofundme.com

my dh is going thru chemo right now and his friends raised $10,000 to help us cover bills since he can't work.

if you want more information, please fm me!

Re: Does anyone know how to legally throw a fundraiser for a family?

Thank you so much for the information. I will remember your DH in my prayers!

Re: Does anyone know how to legally throw a fundraiser for a family?

They way I did it, was you are allowed to gift a certain amount of money per year. I think now its $12k or $13k... so when I did the fundraiser I can't remmeber the exact amount but is was under that amount, so I collected all money and gave a bank check as a gift from me and that avoided all taxes. If we got more than that amount, I would have my husband gift the rest to her husband. If anyone was going to offer a lot of money, my plan was to have them gift the money directly to the party.
But there were no tax incentives for the donators this way.

Re: Does anyone know how to legally throw a fundraiser for a family?

contact CFK they may be able to help you! (((hugs)))