Donation platform collapsed owing 3,200 nonprofits nearly $29 million
Flipcause, an Oakland-based donation platform, filed for bankruptcy in December 2025 after owing nearly $29 million to more than 3,200 nonprofits. Bankruptcy records showed the company paid $3.8 million to executives, relatives and related firms in the year before filing. Nonprofits later questioned Flipcause leadership over delayed donations and how company funds were managed.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
