Fundable.org has created a unique service for fundraising. The service works like this:
1. One person creates a Fundable page to collect $1000 from a group of people.
2. Each person in the group enters credit card or PayPal information as a pledge (but doe NOT pay any money).
3. Once all pledges add up to $1000 Fundable turns them into real payments. If the collection expires before reaching $1000, Fundable deletes all pledges.
4. Fundable sends $1000 to the group leader who ensures that the fund fulfills the purpose.
Click here for more information or to start your own group action.