Quick Answer: Why Does Just Giving Charge A Fee?

Why does GoFundMe charge a fee?

This is because every purchase or money transfer made online needs to be securely processed and verified by a third party payment processor.

There is a fee of 2.9% plus $0.30 fee per donation on GoFundMe.

These fees go directly to our payment processor and help us keep GoFundMe a safe place to donate..

Does JustGiving take cuts of donations?

We have done away with a 5% fee taken from the donation, instead we are now asking donors to add a small tip on top of their donation to keep us running and improving. The only fee deducted from the donation is a card processing that is standard for each transaction made through our site.

How does GoFundMe payout?

How do I withdraw funds from my campaign? Once your GoFundMe starts receiving online donations, you can easily request a withdrawal at any time. Withdrawing money does not affect the progress meter displayed on your campaign. Simply click ‘Withdraw’ while logged into your account and follow the instructions.

What happens if I don’t reach my target on just giving?

If you don’t hit your target you’ll still receive any funds you raised (minus our small fees), so you can still make good things happen! If you raise less than you intended you’ll just have to rethink the scope of your project, or find a way to raise the additional money you need.

What percentage does just giving get?

JustGiving charges charities a 5% Gift Aid reclaim and processing fee, but this is optional and charities can choose to claim Gift Aid themselves. It also charges a payment processing fee, set at 1.9% + £0.20. JustGiving states that this accounts for the varying costs of processing different payment types.

How do I hide donations on just giving?

To hide your donation amount from the page, make sure to tick the box next to ‘Hide my amount from public view’. If you’re donating to a charity, although you’ll appear as ‘Anonymous’ on the Fundraising Page, the Page Owner will know who you are and how much you’ve given by logging into their account.

Does just giving money go straight to the charity?

After donating / How are donations transferred to the charity? If your charity is based in the UK we automatically transfer donations to the chosen charity on a weekly basis (or, if the total donated to that particular charity on JustGiving is under £50, we wait until the end of the month).

Is just giving a legitimate charity?

JustGiving is a for-profit organisation but Goode says that all the funds the website generates are ploughed back into the global business, which has raised more than $4.2bn (£3.4bn) in 164 countries since it was launched in 2001.

Did just giving take 2 million?

JustGiving has denied claims that it is keeping £2 million of the money raised for the NHS by Captain Tom Moore. The war veteran, who was born in Keighley, raised over £32 million on JustGiving by walking 100 laps of his garden, days before his 100th birthday.

Which is better GoFundMe or just giving?

With GoFundMe, you can withdraw the funds you raise immediately—and deposits to your bank account take between 2-5 business days. … Additionally, JustGiving charges a 5% platform fee, compared with GoFundMe’s 0% platform fee.

What is the minimum donation on just giving?

The minimum text donation is GBP £1 and all donations must be in whole pounds sterling. The maximum text donation allowed is GBP £10 for all mobile operators.

How Safe Is Go Fund Me?

Our donors’ safety is our top priority. 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.

How does just giving pay the charity?

We make payments via BACs transfer, so they can take 2-3 working days to reach you once paid. Fees: JustGiving take 2.9% + 25p, which applies to all donations made to your page. These costs cover standard card processing fees and also the costs of ensuring the funds reach you safely.

How much did Captain Tom make from just giving?

The roughly 1% of donations kept by Just Giving amounts to around £290,000 as of April 27 and would rise to £300,000 if donations reached £30 million, and so forth. The platform told Reuters it had donated £100,000 to Captain Tom’s campaign in celebration of him reaching the £10 million milestone.

How much does just giving take from donations?

We charge a 5% fee for our Gift Aid service and this is taken from the amount of Gift Aid claimed on a donation. Charities are able to opt out of this service by contacting us. Across JustGiving, our payment processing fee is 1.9% + £0.20.

Which fundraising site has lowest fees?

10 Best Low-Cost Fundraising WebsitesYouCaring Pricing: Standard Payment Processing of 2.9% + $0.30 per transaction.Indiegogo Pricing: 5% + payment processing.Generosity Pricing: Suggested donation upon checkout.GoFundMe Fees: None, except payment processing of 2.9% + $0.30 per donation.Patreon Fees: 5% + payment processing fees.More items…

Does just giving charge a fee?

Fees. JustGiving has a 0% platform fee on donations made through the site, donors have the option to add a voluntary contribution on top of their donation instead. This voluntary contribution is reinvested in to ensuring our users have a seamless and enjoyable experience using our platform.