Great point! Normally such problems are handled by an escrow, but that won’t work here, since the individual donors need to make the donations, not a third party.
In theory, one solution for minimizing risk would be to donate incrementally, e.g., only $1K at a time, so that the maximum loss would be $1K. But it would be burdensome to do so many small donations and share receipts after each one.
Great point! Normally such problems are handled by an escrow, but that won’t work here, since the individual donors need to make the donations, not a third party.
In theory, one solution for minimizing risk would be to donate incrementally, e.g., only $1K at a time, so that the maximum loss would be $1K. But it would be burdensome to do so many small donations and share receipts after each one.