{
  "id": 9546799,
  "title": "Donation platform collapsed owing 3,200 nonprofits nearly $29 million",
  "url": "https://urgent.news/2026/09/24/donation-platform-collapsed-owing-3-200-nonprofits-nearly-29-million",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T11:00:00.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/world/us/in-2025-donation-platform-flipcause-collapsed-owing-more-than-3200-nonprofits-nearly-29-million-bankruptcy-records-later-showed-3-8-million-went-to-executives-relatives-and-related-firms-before-liquidation/articleshow/134457447.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}