Welcome to Emmanuel Owusu's CoopCrowd.Fund Site, Donor Key 6049
Date of Last Revision: February 2018
1. Introduction. Nearly all CoopCrowd.Fund campaigns are accurate and funds are delivered and used for their stated purpose. In the rare occurrence of misuse, the CoopCrowd.Fund Guarantee (the “Guarantee” or “Policy”) ensures that donations are protected if campaign funds are not delivered to the intended beneficiary or donors are misled by a campaign organizer or beneficiary. Most conflicts are not actual misuses of the CoopCrowd.Fund Platform, and campaign organizers work to answer questions and resolve donors’ and beneficiaries’ concerns quickly. But if your concern is not sufficiently addressed, then we are here to help.
2. For Donors. Donors may receive a refund (or other resolution as described below) when they donate to a Covered Campaign and the campaign organizer or beneficiary (if one exists) of the Covered Campaign commits a Misuse. “Misuse” means any of the following:1. The campaign organizer does not deliver funds to the Intended Beneficiary (as defined below); 2. The campaign’s content is inaccurate with respect to a material fact about the campaign organizer, beneficiary, or campaign that would induce a reasonable donor to donate to the campaign; and 3. The campaign organizer or beneficiary is formally charged with a crime directly related to their actions, omissions, and/or misrepresentations made by that individual in the campaign.
In the event of a Misuse as determined in our sole discretion, we agree to reimburse you the amount of your donations (up to $1000 per donor per campaign) paid by you through the Platform. In some circumstances, we may provide refunds by a credit redeemable for a donation of the same amount to another campaign. If the Misuse arose from a failed delivery of funds to the Intended Beneficiary, we may also redirect your donation to the Intended Beneficiary; please see Section 3 “For Beneficiaries,” below, for details.
All resolutions are decided by CoopCrowd.Fund in our sole discretion, and all of our determinations are final.
Donor Exclusions. The following reasons for a refund are excluded and not covered by this Policy:1. Seeking a refund for your donation to your own campaign; 2. Refunds for offline donations not transacted on the Platform; 3. Remorse; 4. A personal disagreement with or dislike of the campaign organizer or beneficiary; 5. Disagreement with how a campaign organizer or beneficiary uses funds raised in excess of the stated campaign goal at the time of your donation; 6. Disagreement over the payment instrument or means by which the campaign organizer or Intended Beneficiary will receive the campaign funds; 7. Disagreement with CoopCrowd.Fund for any reason; or 8. Any reason not based on the honestly-held belief based on presentable information that a Misuse has occurred.
You may be able to receive a refund in some instances even if you do not qualify for benefits under this Policy. Please contact CoopCrowd.Fund with questions.
3. For Beneficiaries. You may qualify for a contribution from CoopCrowd.Fund when you are the Intended Beneficiary of a Covered Campaign, a Misuse occurs whereby the campaign organizer fails to deliver to you the funds raised by the Covered Campaign, and no exclusion exists as described below.
In the event of a Misuse as determined in our sole discretion, we agree to contribute the undelivered balance of funds on your behalf (up to $25,000 per beneficiary), exclusive of offline donations. In some circumstances, we may provide refunds to donors in lieu of providing you with payment, either in part or total. All resolutions are decided by CoopCrowd.Fund in our sole discretion, and all of our determinations are final.
Beneficiary Exclusions. The following situations are excluded and do not give rise to benefits under this Policy:1. Not receiving funds due to garnishment or other withholding or transfer of campaign funds under a court or other legal order; 2. CoopCrowd.Fund’s decision to designate a different person as the Intended Beneficiary for benefits under this Policy; 3. Disagreement over the payment instrument or channel in which you will receive your funds (for example, a trust or college savings plan instead of cash, or a check instead of electronic bank transfer); 4. Your receipt of at least $25,000 in contributions from CoopCrowd.Fund under this Policy in the prior 12 months; 5. Campaigns where you did not incur the expenses for which the campaign was intended to reimburse (for example, if you did not incur the funeral/burial expenses); and 6. Your written authorization for CoopCrowd.Fund and its payment partners to allow somebody else (including the campaign organizer) to withdraw funds on your behalf.
4. Submitting a Claim. To request a claim, you must meet the following criteria:1. You did not cause, contribute to, or induce the Misuse, whether directly or indirectly; 2. You attempted to notify the campaign organizer of your concern, allowed at least 72 hours for the campaign organizer to address your concern, and used reasonable efforts to try to remedy the circumstances of the Misuse before submitting a claim (for example, you may ask the campaign organizer for evidence of proper use or distribution of the funds); 3. You fully complete the claim form and all subsequent requests for information for our evaluation and processing of your claim, including in most instances evidence of the Misuse; 4. You agree to fully cooperate with any investigation by CoopCrowd.Fund or a law enforcement authority; and 5. You agree to notify CoopCrowd.Fund if at any time you receive any communication or funds from the campaign organizer.
If you are a donor requesting a claim, you must meet the following additional requirements:1. You are a donor to the Covered Campaign, and you made an online donation via the Platform; 2. You still own the payment instrument you used to make the donation at issue and are authorized to accept a funds transfer back onto that payment instrument; 3. You submitted your claim within 30 days from your donation date; and 4. You must not have already filed a chargeback for the same donation.
If you are a beneficiary requesting a claim, you must meet all the following additional requirements:1. You are clearly identified by the campaign’s content as the sole beneficiary to the Covered Campaign; 2. You have not received all of the funds raised by the campaign, exclusive of refunds, offline donations, CoopCrowd.Fund’s fee, and any other applicable payment-processor or third-party fees; 3. You submit a claim within 60 days from the campaign’s creation date 4. You report the Misuse to your local law enforcement authority in the form of an official written report; and 5. Upon CoopCrowd.Fund’s requests, you agree to return any contributed funds back to CoopCrowd.Fund if the missing funds due to the Misuse are ultimately provided to you by anybody other than CoopCrowd.Fund, including the campaign organizer or court order.
5. Abusive Claims. Abusive claims include but are not limited to the following:1. Filing excessive or duplicate claims; 2. Colluding with any other user (including donor, campaign organizer, and/or beneficiary) to misrepresent facts or circumstances related to a campaign or donation, or otherwise fraudulently seek payment under this Policy; 3. For donors, filing a chargeback after receiving a refund, filing a claim under this Policy after filing a chargeback, or initiating a payment or refund request using a fraudulent payment instrument; or 4. Any claim for a campaign where you caused or induced the Misuse, whether directly or indirectly.
Users who file fraudulent claims are subject to consequences outlined in our Terms of Service. We reserve the right to investigate anyone by engaging public and private organizations, including, but not limited to donors, campaign organizers, beneficiaries, collection agents, private investigators, and local, state, federal and applicable international agencies. We will take appropriate action against anyone who, in our sole discretion, violates any of the terms or spirit of this Policy, including suspending or terminating the account of such violators, terminating coverage under this Policy, stopping payments, freezing or placing a hold on funds when CoopCrowd.Fund reasonably believes it to be required by applicable law, and reporting users to law enforcement authorities or otherwise taking appropriate legal action.
6. No Assignment or Insurance or Warranty. This Policy is not intended to constitute an offer to insure, does not constitute insurance or an insurance contract, does not take the place of insurance obtained or obtainable by you, and you have not paid any premium in respect of the Policy. The benefits provided under this Policy are not assignable or transferable by you. This Policy is not a warranty against fraud or any other misuse of the Platform. We encourage you to donate only to campaign organizers and beneficiaries you know and trust.
7. Modification or Termination. CoopCrowd.Fund reserves the right to modify or terminate this Policy, at any time, in its sole discretion, and without prior notice. If we modify this Policy, we will post the modification on the CoopCrowd.Fund website or provide you with notice of the modification and we will continue to process all claims made prior to the effective date of the modification.
8. Entire Agreement and Definitions. This Policy constitutes the entire and exclusive understanding and agreement between CoopCrowd.Fund and you regarding the subject matter herein and supersedes and replaces any and all prior oral or written understandings or agreements between CoopCrowd.Fund and you regarding your ability to claim or qualify for a refund or payment from CoopCrowd.Fund.
10. Other Donor Requirements. You agree that a certain minimum donation amount may apply to qualify for benefits under this Policy, and that all donation payments remain final and will not be refunded unless CoopCrowd.Fund, in its sole discretion, agrees to issue a refund under the terms of this or other Policy.
11. No Waiver. You agree that CoopCrowd.Fund’s decision to grant benefits under this Policy does not constitute a waiver of its right to decline refunds, payments, or other benefits in the future for any reason in its sole discretion.
12. Questions. If you have any questions about this Policy, please contact us.
1 “Covered Campaign” means active campaigns in good standing
2 “Intended Beneficiary” means an individual (not organization) other than the campaign organizer clearly identified in the campaign’s content and understood by a reasonable donor to be the intended recipient of the campaign funds.