Is GoFundMe Legit? With over $9 billion raised from more than 120 million donations, GoFundMe offers users a proven and legitimate platform for fundraising. Our primary goal is to ensure that all of the funds raised on our platform are used only as stated in the fundraiser story.
Does GoFundMe money go straight to the charity?
Funds are delivered automatically and 100% of Gift Aid goes directly to charity.
Do you have to pay taxes on GoFundMe money?
GoFundMe, one of the best known crowdfunding platforms, notes on its site that donations to a personal GoFundMe fundraiser are ‘generally considered to be personal gifts and are not guaranteed to be tax deductible. ‘
What is better than GoFundMe?
GoFundMe Alternatives: The Top 16+ Best Fundraising Sites
- Double the Donation.
What happens to unused GoFundMe money?
If you decide that you no longer need the funds that you’ve raised and you haven’t withdrawn them yet, you will be able to refund your donors. Just note that this action is irreversible, so once you decide to issue refunds, you won’t be able to undo it.
What is not allowed on GoFundMe?
Promotions on the GoFundMe Platform: You are not permitted to offer any contest, competition, reward, give-away, raffle, sweepstakes or similar activity (each, a “Promotion”) on or through the GoFundMe Services.
How do I get money from my GoFundMe to charity?
The GoFundMe organizer can withdraw the funds to their own bank account, invite someone else to withdraw, or send the funds to an affiliated business or organization. The GoFundMe organizer doesn’t handle the money; instead, funds are sent directly to the charity by PayPal Giving Fund.
Do I have to use my real name on GoFundMe?
Yes — unless you have a genuine reason for not doing so ( i.e. if it puts your safety at risk for one reason or another). There is no way of knowing if a GoFundMe account is a scam or legitimate. So be careful and do some research before you give.
Can you use GoFundMe for personal gain?
The short answer is: you can use GoFundMe for just about anything. Most people use GoFundMe to raise money for themselves, a loved one, or a friend in need during life’s most important moments. … GoFundMe can also be used to raise money for your favorite charity.
How long does GoFundMe last?
On GoFundMe Charity and GoFundMe, you can run a campaign for as long as you would like. There are no deadlines or fees for leaving a campaign active on our platform.