High Alert

Donation platform collapsed owing 3,200 nonprofits nearly $29 million

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Times of India
Donation platform collapsed owing 3,200 nonprofits nearly $29 millionWorldPing
Image via Times of India.

What happened

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.

Key facts

  • 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.
  • Reported by Times of India and published Thu, 24 Sep 2026 11:00:00 UTC.

Why it matters

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What to watch next

  • Official statements or denials from the governments named
  • Whether other major newsrooms confirm the same details
  • Any follow-up decision, vote or deadline tied to the event

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. States threaten action against company earning millions off disabled vets

  2. Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting

  3. Donation platform collapsed owing 3,200 nonprofits nearly $29 million

  4. Nike cofounder makes largest known donation to public flagship university

  5. Palo Alto CEO says slowing down AI is ‘unrealistic’, extinction threat ‘extremely small’

Sources

The original report was published by Times of India. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Times of India

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