Donation Sources: Where Big Money Comes From

by Javier Moreno - Sports Editor
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The Kitty Corinthians was launched by Gaviões da Fiel, the main organized fan base, in November last year, and aims to pay off the black and white club’s debt with Caixa Econômica Federal, relating to the construction of the Neo Química Arena, in 2024.

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The objective of ‘Vaquinha’ is to raise R$700 million, the total amount of the debt. The state bank financed the construction of the stadium, which hosted the opening of the 2014 World Cup, held in Brazil. The campaign lasted until May,but the organized fans managed to extend the deadline until the end of the year.

The campaign has raised R$40,997,446.00 to date, an amount that represents 5.86% of the final goal. To achieve the objective, Vaquinha still needs to raise R$659,002,554.00. On the platform, the crowdfunding organizers detail the main points of the initiative.

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Corinthians Fundraiser Update: Over R$6.8 Million Raised for Flood Victims

As of October 12, 2023, the “doa Arena Corinthians” (Donate to the Arena Corinthians) fundraiser has collected over R$6.8 million (approximately $1.37 million USD as of today’s exchange rate) to aid victims of the recent floods in Rio Grande do Sul, Brazil.The initiative,launched by the Corinthians football club,aims to provide crucial support to those affected by the devastating natural disaster.

Fundraising Totals by State

The fundraiser has received significant contributions from across Brazil. Here’s a breakdown of the top five contributing states as of the latest update:

* 1st – São Paulo – R$ 3,499,499.98
* 2nd – Rio Grande do Sul – R$ 1,489,999.49
* 3rd – Paraná – R$ 1,354,828.04
* 4th – Minas Gerais – R$ 1,232,683.08
* 5th – Santa Catarina – R$ 1,145,640.53

How to Donate

Individuals can contribute to the Corinthians Fundraiser through the official website, doearenacorinthians.com.br. Five pre-set donation amounts are available – R$10, R$20, R$50, and R$100 – but donors can also enter a custom amount of their choosing.

Background on the Flooding in Rio Grande do Sul

Rio Grande do Sul has been experiencing severe flooding since late April 2024, resulting in widespread devastation, displacement, and loss of life. The floods, triggered by unusually heavy rainfall, have impacted hundreds of thousands of people and caused significant damage to infrastructure. The Corinthians fundraiser is one of many initiatives aimed at providing emergency relief and supporting long-term recovery efforts in the affected region.

Key Takeaways

* The Corinthians Fundraiser has raised over R$6.8 million for flood victims in Rio Grande do Sul.
* São Paulo is the leading contributing state, followed by Rio Grande do Sul and Paraná.
* Donations can be made online at doearenacorinthians.com.br with options for pre-set amounts or custom contributions.
* The funds will support relief and recovery efforts following the devastating floods in Rio Grande do Sul.

Looking Ahead: The Corinthians fundraiser continues to accept donations as the recovery process in Rio Grande do Sul is expected to be lengthy and require sustained support.

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