GoFundMe.com is a crowdfunding website which says they offer anyone the ability to create their own donation page as a safe, legit way to collect donations for life events, projects, and special causes.
To get started with GoFundMe.com, you simply need to create your donation page to tell the story of what you are collecting money for and why, then share it with your friends and family to start collecting donations.
The page you create will have all the tools necessary to collect donations from either debit or credit cards, and you will be able to track visits to your page and review donor information.
You can crowfund through this website in three different ways. First, if you are collecting money for a charity, you can select Charity Fundraising and the donations received by your site will automatically be deducted on a monthly basis and sent to the charity.
Or you can simply make a personal page where the project or event of your choice can be funded. Though you create a deadline and a goal amount of money that you are trying to raise, your page can exist beyond these limits and allow you to collect as much money as people are willing to donate.
Finally, they offer the All or Nothing option, which functions like popular crowdfunding site Kickstarter. This means that if you do not reach the funding amount you designate by the time your deadline rolls around, all donations will result in a refund; or rather, your donors will never be charged.
GoFundMe.com will automatically deduct a 5% fee from each donation you receive. In addition, when you register your donation page, a WePay payment processing account will be set up for you.
When you withdraw your money through the WePay account, a fee of 2.9% plus 30 cents will be administered. It is important to keep the cost of these fees in mind when setting your goal amount.
If you have any experience with this website, please leave your GoFundMe.com reviews below.
20 ‘GoFundMe.com’ Reviews
Go Fund Me - Corrin
I put up a site for my grandaughter to get $6,000 college dorm fees (she's a straight A student but struggling with transportation to get to/from school). I am very unfortunately unable to pay this AND I live in a different state so i can't drive her.
No funding yet but I am hopeful (& praying).
I would recommend Go Fund Me.
GoFundMe is a hotbed for scams
I recently donated some money for my friend but it never got to her. It was run by someone calling themselves Renee Rousell from Australia. GoFundMe obviously didn't vet her very well. She never sent the money to my friend and I suspect this is not the first time she has pulled this. DO NOT USE GOFUNDME!!!!!!!
Older man has problems
Hello my name is Tony i will be 70 soon i am still working its ok but i dont know how long i can last i only get 540 dollars SS a month if i can pay my house and car off if i cant work i might get buy i would need about 40,000 dollars so i hope i find an angel out there to help me i live in meadville Penn. 278 walnut st 16335 Tony mangilo
try youcaring.com instead!
I really like the idea of crowdfunding, because there are a lot of people that need help and there are a lot of people who want to help and getting those people connected is an awesome idea. I've donated through gofundme to people/causes that were close to my heart but when I set up my own crowdfunding, I chose not to use gofundme because of the 5% on top of the 2.9% that WePay charges. I used youcaring.com instead because they take zero percent for themselves. 2.9% is still taken by WePay (or PayPal) but they keep their website operating by donations instead of mandatory fees.