Quick Answer: How Do I Know If GoFundMe Is Legit?

Who owns Go Fund Me?

The company was founded in May 2010 by Brad Damphousse and Andrew Ballester.

Both had previously founded Paygr which is a website dedicated to allowing members to sell their services to the public..

What happens if I delete my GoFundMe account?

Deleting your fundraiser means it has been deactivated. It will still show up on your dashboard as “Inactive”. Only an organizer can delete a GoFundMe from within their account. If you are the beneficiary or team member for a fundraiser, please contact the organizer to delete the fundraiser.

How much does Go Fund Me cost?

Free: there is a 0% platform fee and only an industry-standard payment processing fee of 1.9% + $0.30 per donation. Donors have the option to tip GoFundMe Charity to support our business. If a charity receives a donation of $100, they will net $97.80.

How can you tell if a GoFundMe is legit?

Roads Could Be Icy Early Monday; More Snow Showers on the WayHow to Check If a GoFundMe Page Is Legitimate.Contact the organizer. … Do your homework. … Search the names of the beneficiary and the campaign organizer. … Donate to people you or people in your social network know. … Do a reverse image search. … Trust your instincts.More items…•

How do I get my money back from GoFundMe?

On the left-hand side, click “Payments” Click the three dots beside the payment you would like to refund and click “Refund Payment” You’ll be prompted to select a reason for your refund before confirming. Once you confirm, your refund will be successfully completed.

Can I do a GoFundMe for myself?

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 do I get my GoFundMe noticed?

Drive donations with fundraiser sharing tipsCreate a fundraiser hashtag. … Create a Facebook Event for your fundraiser. … Share your fundraiser on Linkedin. … Write your fundraiser link in an unexpected place. … Reach out to your local media. … Post your fundraiser on Instagram. … Ask others to share. … Make a Pin about it.More items…

Do I have to pay taxes on Go Fund Me Money?

Donations made to GoFundMe fundraisers are usually considered to be personal gifts which, for the most part, aren’t taxed as income. … GoFundMe will not report your donations as income at the end of the year, or issue any tax documents.

Why does GoFundMe ask for a tip?

The GoFundMe Tip Rather than charging a platform fee on personal fundraisers, GoFundMe gives donors the option to add a voluntary tip. … We are incredibly grateful for the donors who help keep GoFundMe the safest, most trusted, and most successful option for personal fundraising.

Is GoFundMe a safe site?

GoFundMe uses the same secure & encrypted payments technology as your bank to ensure your donation is processed safely. Additionally, the GoFundMe Guarantee helps protect donors from fraud. You can learn more about the Guarantee here.

How long does a Go Fund Me last?

Due to this, once the first donation is made to your fundraiser, your withdrawal information must be fully verified before 90 days have passed or your donations will be automatically refunded.

Do I have to use my real name on GoFundMe?

GoFundMe fundraisers must be tied to a single individual, and they must have their full name appear on the fundraiser. The organizer of the GoFundMe fundraiser cannot be anonymous; we have this policy in place to promote transparency.

Can you see who views a Go Fund Me?

The GoFundMe organizer and beneficiary will always be able to see your name and comment if you left one, even if your donation is anonymous to the public. This is for transparency reasons.

Why does GoFundMe need my Social Security number?

There is a privacy issue with your SSN for Americans to consider. You cannot withdraw money from GoFundMe if you do not provide the platform with your Social Security number. The reason for this involves the responsibilities you have for taxes on the money.

Do I need a bank account for GoFundMe?

Your banking information You will need to use a bank account that is registered in your name and located in the country you signed up in. … Your bank logo, or branch information (must be issued by the bank) Your name as the account holder. The bank account number entered in your GoFundMe account*

Can I use Go Fund Me for a car?

5. GoFundMe. GoFundMe is a personal crowdfunding platform that you can use to finance a car through donations.

What percentage of money does GoFundMe keep?

GoFundMe, an online fundraising platform, will now offer its services fee-free for new personal crowdfunding campaigns in the U.S., the company announced in a statement on Thursday. Currently, GoFundMe takes 5 percent of donations, and payment processors take 2.9 percent, along with 30 cents per donation.

Does GoFundMe take your money?

GoFundMe gets your funds to you quickly because we know that many fundraising needs are time-sensitive. You can set up withdrawals and add your bank account as soon as you accept the campaign organizer’s invitation to make you a beneficiary.