FAQs
1. GoFundMe. GoFundMe is a trusted, well-known social fundraising platform for individuals, teams, and nonprofits with a giving community of more than 100 million worldwide. It is one of the best crowdfunding sites for personal fundraising.
How much does GoFundMe take on a $100 donation? ›
No fee to create a fundraiser
It's always free to start and manage a fundraiser on GoFundMe. To help us cover payment processing, there's a transaction fee of 2.9% + $0.30 per donation.
What is the most successful fundraiser ever? ›
Here are five campaigns that made it into the record books.
- Most money raised in a week: Disasters Emergency Committee. ...
- Most participants in a charity run: Run for The Pasig River. ...
- Most money raised by a charity livestream: Z Event. ...
- Most individual donations of all time: George Floyd Memorial Fund.
Is there a better fundraising platform than GoFundMe? ›
BetterWorld. BetterWorld tops the list of GoFundMe alternatives for several reasons. The first reason is its flexibility. In addition to hosting a crowdfunding campaign, you can also do a variety of other fundraisers, including online auctions, giveaways, peer-to-peer fundraising events, and monthly giving arrangements ...
Who is GoFundMe's biggest competitor? ›
The best overall GoFundMe alternative is Givebutter. Other similar apps like GoFundMe are Donorbox, Classy, Fundly, and Snap! Raise.
What crowdfunding site is best? ›
- Kickstarter. Best overall crowdfunding platform. ...
- Indiegogo. Runner-up crowdfunding platform. ...
- Fundable. Best crowdfunding platform for small businesses. ...
- Crowdfunder. Best crowdfunding app for Shopify stores. ...
- Patreon. Best crowdfunding platform for content creators. ...
- Crowdcube. ...
- GoFundMe. ...
- Mightycause.
Do I pay taxes on GoFundMe? ›
“Donations made to personal GoFundMe fundraisers are generally considered to be 'personal gifts' which, for the most part, are not taxed as income in the United States,” GoFundMe explained. That said, according to the IRS, gifts of up to $18,000 from one individual to another can be made tax-free.
Does all money from GoFundMe go to the person? ›
One small transaction fee is automatically deducted per donation. Everything else goes directly to your cause, because that's what matters most. Here's how it works.
Is Givebutter better than GoFundMe? ›
Fundraising pages on Givebutter offer greater customization and fun, interactive features that you won't find on GoFundMe—along with event ticketing, auctions, email, and texting tools. Like Givebutter, GoFundMe is free to use—only standard transaction processing fees apply.
What type of fundraiser raises the most money? ›
13 Most Profitable Fundraisers
- Bake Sale. Your organization only needs a few things to organize a bake sale: a location for your sale, volunteers to run it, baked treats, and hungry supporters! ...
- Art Show. ...
- 5K Fundraiser. ...
- Auction. ...
- Matching Gift Drive. ...
- Car Wash. ...
- Drive-In Movie. ...
- Text-to-Give Fundraiser.
These quick and easy fundraising ideas require relatively little investment of time and money compared to their potential results and popularity with donors:
- Matching Gifts. ...
- Coffee Bean Sale. ...
- Dog Walking. ...
- Text-to-Give Tools. ...
- Penny Drive. ...
- Specific Date and Amount Fundraiser. ...
- Used Book Sale. ...
- Holiday Candygrams.
What is the 3 to 1 rule for fundraising? ›
When planning the year's activities, PTAs should use the 3-to-1 Rule: There should be at least three non-fundraising programs aimed at helping parents or children or advocating for school improvements, for every one fundraiser. Fundraising should involve as many members as possible and be fun.
What is the downside of GoFundMe? ›
Transaction fees: GoFundMe transaction fees can be up to 8% per donation. Payment delays: Depending on your payment processor (i.e PayPal or WePay), payments can take up to 7 days to 30 days before being made available for use by campaigners via their GoFundMe account dashboard.
What fundraising platform is best? ›
Read on to discover which platform is best for you.
- Donorbox. Donorbox is a powerful all-in-one fundraising platform with a quick setup process and plenty of easy-to-use features. ...
- GoFundMe. ...
- OneCause. ...
- Handbid. ...
- Bonfire. ...
- Fundly. ...
- Soapbox Engage. ...
- 99Pledges.
What fundraising site has no fees? ›
FreeFunder does not charge any platform fees, ensuring the person raising funds gets the most from their fundraiser! Instead, we rely on voluntary donations.
What is the most successful crowdfunding campaign? ›
This article uses bare URLs, which are uninformative and vulnerable to link rot.
Rank | Project | Amount raised |
---|
1 | EOS | $4,100,000,000 (7.12 million ETH) |
2 | Star Citizen | $714,097,952+ |
3 | Filecoin | $257,000,000 |
4 | Tezos | $232,000,000 |
46 more rows
Which online platform is one of the first to offer crowdfunding? ›
Indiegogo /ˌɪndiˈɡoʊɡoʊ/ is an American crowdfunding website founded in 2008 by Danae Ringelmann, Slava Rubin, and Eric Schell. Its headquarters are in San Francisco, California. The site is one of the first sites to offer crowd funding.
What is the most popular type of crowdfunding? ›
Rewards Crowdfunding
Rewards-based crowdfunding is the most common type of crowdfunding option available.
Who is the first crowdfunding platform? ›
The first recorded successful instance of crowdfunding occurred in 1997, when a British rock band funded their reunion tour through online donations from fans. Inspired by this innovative method of financing, ArtistShare became the first dedicated crowdfunding platform in 2000.