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GoFundMe has described itself as the "leader in online medical fundraising". [29] One in three campaigns is intended to raise funds for medical costs, with about 250,000 campaigns for a total of $650 million in contributions each year.
Updated October 21, 2024 at 10:58 AM The home page for the crowdfunding platform GoFundMe is shown on a device on Wednesday, Oct. 16, 2024 in New York. (AP Photo/Peter Morgan) (ASSOCIATED PRESS)
Their default "Starter" pricing is to charge the non-profit a 5% platform fee from each donation, plus a payment processing fee (credit card fee) of 2.9% + $0.30 per donation. [11] Donors may choose whether to pay the fee in addition to the amount of their donation or to have the fee subtracted from their donation amount before being delivered.
“However, if your GoFundMe page clearly states that the funds you’re raising will be used to replace your car, FEMA won’t be able to provide assistance for that specific need…We know this ...
Despite raising nearly $48,000 through a GoFundMe campaign to fund search efforts, her family’s silence on her crossing into Mexico sparked backlash from donors demanding refunds.
YouCaring was a crowdfunding website for personal, medical, and charitable causes. The company was a Certified B corporation based in San Francisco, California. [1] YouCaring did not take a percentage of funds raised on its site, or charge those raising funds a fee (any fees associated with third-party credit card processors such as PayPal are paid by donors).
In 2015 Indiegogo Life was renamed to Generosity.com. [5] Generosity.com was later acquired by YouCaring in January 2018, who were subsequently acquired by GoFundMe. [6] Donors use solely credit cards to donate, and processing is conducted by Stripe. [7] Stripe's processing fees of 3% plus 30 cents of every donation still apply. [8]
More than 500 current campaigns are dedicated to asking for financial help for treating people, mostly kids.