Karmelo Anthony family’s plans for $500K donations after track meet stabbing revealed by fundraising exec

GiveSendGo co-founder Jacob Wells told Fox News Digital that his company has communicated with the family of Karmelo Anthony about the use of the funds raised after the Texas teen was accused of killing another boy at a track meet.

EXCLUSIVE: The family of Texas teen Karmelo Anthony has been at the center of national media in recent weeks after the 17-year-old allegedly stabbed another boy to death at a track meet in Frisco on April 2. 

Since the incident, Anthony's family has raised more than $515,000 on the crowdsourcing platform GiveSendGo. The Karmelo Anthony Help Fund has become one of the most-discussed fundraising campaigns in recent weeks, collecting half a million dollars for a suspect who has reportedly said "I did it" about the stabbing but also claims it was in self-defense. 

The campaign has not yet reached its $600,000 goal, which was pushed up on Tuesday from a previous $525,000 goal, so the funds have not been paid out to the family. 

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GiveSendGo co-founder Jacob Wells told Fox News Digital that his company has a team that is communicating with the Anthony family about how they plan on using the money once received.

"They've been very clear that the vast bulk of this money is going to be used for Karmelo's legal defense," Wells said, later adding, "They've indicated that some of it will be used to provide them some security, some much-needed security."

Wells also said, "And then also, a secure location for them to live… they were renting before, and they're continuing to rent. So it's like, okay, $3,000 a month for the next year, year and a half." 

Wells declined to reveal anything more specific than that. 

CO-FOUNDER ‘NOT PROUD' TO HOST FUNDRAISER