There's no fee to start or manage your fundraiser. However, to help us operate safely and securely, our payment processors deduct one small transaction fee per donation (2.2% + $0.30, which includes debit and credit charges), for more information about fees in your country, check out our pricing page.
It seems GoFundme's number-crunching factored in donors who would not want to pay the tip, and set a figure of 15% as the default amount to pay. GoFundMe is, like most crowdfunding platforms, a for-profit business. This policy change would not have been implemented if they believed it would harm profits.
GoFundMe wants to make it easy for you to raise more funds for the causes you care about, which is why, unlike other sites, we offer 0% platform fees for personal and charitable fundraisers in Australia. You don't have to hit your target to withdraw the funds like most platforms. Transaction fees of 2.2% + $0.30 apply.
We know that it might be tricky to decide what your goal amount should be for your fundraiser, but the good news is that you can change it at any time. Also, there isn't a requirement to reach your goal, and you'll still be able to withdraw all funds raised.
GoFundMe requires a minimum donation of $5.00, but if you want to donate less, or just want to make your donation privately, we are also accepting donations on Venmo or Paypal.
There's no fee to start or manage your fundraiser. However, to help us operate safely and securely, one small transaction fee (2.9% + $0.30, which includes debit and credit charges) per donation is deducted.
You will enter your name in two places on GoFundMe: When you set up your GoFundMe account: This name will show publicly and can be a nickname or shortened name. When you set up your bank transfers: This name will remain private. It must be your legal name, and match your ID and bank statement.
We see people use GoFundMe to raise money for themselves, friends and family, or even complete strangers in random acts of kindness.
America's Food Fund becomes the largest GoFundMe of all time, raising over $44 million to help people struggling with food insecurity due to COVID-19.
Only donations made to GoFundMe charity fundraisers are guaranteed to be tax-deductible in the US, the UK, Canada, Ireland and Australia and will automatically receive tax receipts from our charity partner, PayPal Giving Fund.
Receive money to your bank account
Each transfer includes all processed (available) donations. Transfers initiate daily, unless you change to weekly or monthly. It takes 2 - 5 business days for transfers to reach the bank account after leaving GoFundMe.
Fast and safe
Millions trust GoFundMe as the #1 online fundraising expert. That's why more people start fundraisers on GoFundMe than any other platform.
How a beneficiary account works. After your beneficiary has accepted the invitation, a separate GoFundMe account will be created for them that's connected to your fundraiser. They can sign into this separate account and set up their transfers, then funds will automatically be sent to their bank account.
GoFundMe offers simple pricing and powerful fundraising. As mentioned above, there's no fee to start or manage your fundraiser. However, there is one small transaction fee per donation that covers all your fundraising needs. Everything else goes directly to your cause, because that's what matters most.
Overall, FreeFunder is the best GoFundMe alternative for those looking to raise money for a cause or project. Thanks to its nil platform fee and comprehensive donor analytics, FreeFunder provides the features and benefits that any fundraiser needs.
Whether you're raising funds to pay medical bills or you're inspired to do charity crowdfunding to support a cause that's close to your heart, GoFundMe wants to help. It's important to note that businesses can also use online fundraising for financial support or to raise money for a new project.
Inspired by Swift's generosity, GoFundMe has now decided to increase its donation limit from $15,000 to $50,000. “Taylor Swift's donation was so generous that it required us to increase the donation limit on the platform,” Rob Solomon, GoFundMe's CEO, said in a statement on the company blog.
Making a donation anonymous means your name won't be visible to the public on the fundraiser page. For security reasons, you can't make an entirely anonymous donation, and the organizer and beneficiary will always be able to see your name.
Note: Only organizers and donors can make a donor anonymous after the donation has already been made. If you're a beneficiary or a team member, reach out to your GoFundMe organizer to get help with making a donor anonymous.
GoFundMe takes the security of your information seriously. You can learn more about our security practices here and read our Privacy Notice here. Additionally, the GoFundMe Giving Guarantee helps protect donors in the rare case that something isn't right.
Start with the basics of who you are, why you're raising money, and why this is important to you. If you're truthful about what you're going through, donors might relate better to your story.
We may disclose information with organisers and, if not the same, the beneficiaries of the fundraiser. For example, if you donate to a fundraiser, we disclose your name, email address and donation information you have provided in connection with your donation with the organiser or beneficiary, who may contact you.