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GoFundMe?

7 replies

73kittycat73 · 17/07/2020 23:34

I saw crowdfunding mentioned on a thread tonight and Googled it. GoFundMe came up, but I have a few questions about it, and also, would love to hear your experiences of it. Is it free like they say it is? Have you tried it before and did it work?
I would need to raise 3-5k.

OP posts:
Realitybites21 · 18/07/2020 06:32

Not used it but know several people that have. What are your questions?

73kittycat73 · 18/07/2020 12:50

Thanks for your reply. More how much do they charge you, do you have to pay tax (An individual), that kind of thing?

OP posts:
73kittycat73 · 18/07/2020 13:27

Also, do you have to keep chatting with donors?

OP posts:
Realitybites21 · 18/07/2020 15:59

The donor can pay the GFM platform fee if they choose that you shouldn’t have to. If they don’t, you have to - GFM will deduct it from your collection.

You don’t have to communicate with the donors.

The two people I know of in receipt of funds haven’t had to pay tax but I suggest you get specific advice on this as it would be individual to you.

mencken · 18/07/2020 16:05

it isn't free, they take a few percent.

which is why I very rarely donate to crowdfunders. Charity donations go as direct debits.

LittleDonk · 18/07/2020 16:30

I think peoples experience of it completely depends on the cause/what they're asking for donations for. Some things are very frowned upon.

IndecentFeminist · 18/07/2020 17:25

What would you be raising it for? Good donor communication tends to be quite important

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