>>15554773
>>15554773
>20 Things You Didn’t Know About GoFundMe cont
4. Offices
GoFundMe is based in Redwood City, California. The company also has offices in San Diego, California andDublin, Ireland. It has operations that run out of France, Germany, Spain and the United Kingdom. The company’s main offices have an open floor plan. The intention is that employees will collaborate.
5. Statistics
Since its inception in 2010, GoFundMe has grown quickly to become the world’s largest crowdsharing platform for raising money. It has hosted over 2 million campaigns and helped raise more than $5 million. It has sponsored 50 million donors. As of 2016, GoFundMe has a revenue of $100 million.
6. How It Works
GoFundMe allows users to create a website to raise money. On the website, users describe their cause and state the amount of money they hope to make from the campaign. They can post photos and videos on the website. The website is then shared through social media including Facebook and Twitter. It can also be shared through email. Donations can be made through a debit or credit card. The progress is tracked, and donators can leave comments on the website.
7. GoFundMe Options
When you set up a GoFundMe page you have three options. If you are collecting money for a charity, you select the Charity Fundraising option. With this option a monthly donation to the charity will automatically be taken out. You can also set up a Personal Page. With this option you set a definite deadline and donation goal. When the deadline is reached the funds collected are released. Finally, there is an All or Nothing option. If the goal is not met with this option, donations are returned to the donators.
8. Fees
GoFundMe does take a portion of the donations. The service itself is free to use for users and donators in the United States of America, the United Kingdom and Canada. GoFundMe takes 5% per donation. In addition, they accept tips from donators. When a GoFundMe page is set up, a WePay Account is created for when the time comes to disperse the funds.Upon withdraw of the funds WePay charges 2.9%
9. What type of causes are allowed
In the beginning of GoFundMe, there were no real restrictions on causes that people can request donations for. As the company has developed, they’ve placed certain restrictions. Typically GoFundMe is used to create awareness through social media and raise money for medical bills, funerals, trips and education costs. Tuition costs are one of the most popular causes on GoFundMe. One user raised $25,000 for a PhD program.
10. Restrictions
In its beginning GoFundMe ran into trouble for allowing certain causes to be used to get money. In 2014 GoFundMe cancelled a site set up by a woman seeking donations to pay for an abortion. This was a controversial. Because abortion is legal and considered a medical procedure, the company had to put the site back up. Causes that GoFundMe does not allow include anything in violation of the law, purchasing weapons, gambling, drugs, sex workers, money management services, intimidation, anything perverse or offensive, and anything that promotes bigotry. As of 2015 GoFundMe does not allow support of legal defense. This came after Sweet Cakes by Melissa tried to raise money when they were fined for refusing to bake a cake for a same sex marriage.