GOFUNDME REVIEW

GOFUNDME REVIEW SUMMARY

√ Charity Fundraising

√ Reaching the funding goal is optional (you keep the donations of any amount)

√ 8% Total Fee for Received Donations

√ Withdraw anytime via Bank Wire and Checks

◙ SUPPORTED PROJECTS

GoFundMe enables individuals to raise funds for a wide range of personal or charitable causes. Whether you're supporting a favorite nonprofit or helping a friend in need, GoFundMe is ideal for fundraising efforts related to medical expenses, education, volunteer programs, youth sports, memorials, animal welfare, and more.

• CHARITY

◙ SUPPORTED COUNTRIES / CURRENCIES

Supported countries for initiators include the United States of America ($USD), the United Kingdom (£GBP), Canada ($CAD), Australia ($AUD), and some European Union countries using the Euro as their official currency (€EUR).

• European countries include Ireland, the United Kingdom, Belgium, Finland, France, Germany, Luxembourg, the Netherlands, Spain, Italy, and Austria

• Note that campaigns may receive donations from around the world.

◙ WHO IS GOFUNDME

Founded in 2010 and headquartered in San Diego, California, GoFundMe has become one of the leading crowdfunding platforms in the world. To date, it has facilitated the raising of over $1 billion for a wide variety of causes. The company also prides itself on offering some of the fastest customer support response times in the industry.

• 5-Minute Email Support

• Mobile-Friendly Campaigns

• No deadlines or goal requirements

• Keep every donation you receive

• No penalties for missing goals

◙ GOFUNDME COST OF SERVICES

GoFundMe charges two fees. A basic 5% fee on every donation received, which happens automatically. In addition, GoFundMe will charge another 3% for every donation as a processing fee. 

• FREE TO CREATE A CAMPAIGN

• 5% FEE FROM EVERY DONATION RECEIVED

• 3% AS PROCESSION FEE

• DONORS ARE NOT CHARGED

◙ WITHDRAW FUNDS FROM GOFUNDME

Once a fundraising campaign starts receiving donations, initiators can request a withdrawal anytime. Withdrawing funds does not affect the progress meter of a GoFundMe campaign.

By clicking the 'Withdraw' button, the balance can be directly deposited into a bank account. US residents may also request a check.

• WITHDRAW ANYTIME

• PROGRESS METER NOT AFFECTED

• WITHDRAWALS USUALLY TAKE 5-7 BUSINESS DAYS

• FUNDS RECEIVED IN BANK ACCOUNTS

• BANK CHECK OPTIONAL (ONLY US USERS)

◙ PROJECT TIME LIMITS

GoFundMe places no deadlines or time limits on fundraising campaigns. Each campaign remains active until the organizer chooses to stop accepting donations or manually removes the campaign. For those who prefer a more structured approach, organizers can select the “All-or-Nothing” option during the sign-up process, which allows them to set a specific funding goal and deadline.

• NO TIME LIMITS / DEADLINES

◙ OTHER FUNDING FEATURES BY GOFUNDME

These are some additional funding features:

• Raise money for a friend

• All campaigns are public (not private campaigns)

• email notification is sent after every donation is made to a campaign

• Built-in social features such as Facebook posting and email invitations

• Export the information of your Donors

GOGETFUNDING REVIEW

Raise money for anything that matters to you, including personal causes, projects, events, and more.

◙ GOGETFUNDING REVIEW SUMMARY

√ Donation Crowdfunding (From personal causes to innovative business ideas)

√ All-or-Nothing Campaigns / You may keep the Raised Funds even if the Goal is not met

√ 4% Total Fee on Donations

√ Timed / or Ongoing Fundraises

√ Donations via PayPal and Stripe / Withdraw fast anytime

» Visit GoGetFunding

◙ SUPPORTED PROJECTS

GoGetFunding allows users to raise funds for projects such as medical, healing, travel, volunteer, pets, and other personal campaigns.

INDIEGOGO REVIEW

"Indiegogo empowers people to make ideas happen via Reward-Based and Charity Crowdfunding."

INDIEGOGO REVIEW SUMMARY

√ Reward-Based Crowdfunding

√ Charity Fundraising via Indiegogo Life

√ Reaching the funding goal is optional (you keep the donations of any amount)

√ 4% Fee for successful campaigns and 9% for unsuccessful campaigns

√ Supports Cards, Bank Wire, and PayPal

◙ SUPPORTED PROJECT TYPES

Indiegogo supports two primary crowdfunding models:

1. Reward-Based Crowdfunding

Indiegogo enables individuals and teams to raise funds for a wide range of creative, entrepreneurial, and personal causes. Campaign categories include:

• Arts & Culture: Art, Comics, Dance, Film, Photography, Theater, Writing

• Technology & Innovation: Design, Gaming, Technology, Transmedia

• Community & Social Impact: Animals, Community, Education, Environment, Politics, Religion, Small Business

• Lifestyle & Entertainment: Fashion, Food, Health, Music, Sports, Web Video

Backers typically receive a reward or perk in return for their support.

2. Charity Crowdfunding (formerly Indiegogo Life)

Launched in 2014, Indiegogo Life—now transitioned into GoFundMe Charity—was designed for personal and charitable causes, including:

• Medical emergencies

• Educational expenses

• Celebrations

• Crisis support and more

These campaigns are free from platform fees, making it easier to raise funds during urgent life events.

◙ ABOUT INDIEGOGO

1. Founded: 2008
2. Founders: Danae Ringelmann, Slava Rubin, Eric Schell
3. Headquarters: San Francisco, California, USA

Indiegogo is one of the world’s first and largest crowdfunding platforms, providing tools to help anyone with an idea bring it to life. While it primarily supports rewards-based crowdfunding, Indiegogo has also shown interest in expanding into equity crowdfunding to support startup investment.

SUPPORTED COUNTRIES & CURRENCIES

Indiegogo supports campaign creators and contributors from over 200 countries.
Users can launch campaigns and donate in multiple major currencies, depending on their location and payment method.

◙ INDIEGOGO FEES & PRICING

Creating and launching a campaign on Indiegogo is free of charge. However, a platform fee applies once a campaign begins receiving contributions.

Fee Structure:

• Standard Platform Fee: 5% of funds raised

• Additional Fee if Goal Not Reached: +4%

• Total for Unsuccessful Campaigns: 9%

• Net Fee for Successful Campaigns: 4% (after a 5% refund)

• Nonprofit Discount: 25% off platform fees for registered 501(c)(3) organizations

Note: Payment processing fees (typically ~3%) may also apply and vary by payment provider.

Table: Indiegogo Fees Overview

◙ WITHDRAWING FUNDS FROM INDIEGOGO

Indiegogo offers multiple payout options depending on the payment method used during your campaign. Here's how the disbursement process works:

1. Credit Card Contributions

Funds raised via credit cards are transferred to your bank account within 15 business days after your campaign ends.
Once processed, it typically takes 3–5 business days for the funds to appear in your account.

2. PayPal Contributions

If PayPal is used, funds will be transferred to your linked PayPal account within 15 business days following the end of your campaign.

3. Nonprofit Campaigns

Verified nonprofit campaigns follow a slightly different disbursement schedule:

• A 3.75% fee rebate is issued within 15 days of the campaign's deadline to FirstGiving (Indiegogo’s nonprofit payment processor).

• After the initial disbursement, any additional funds raised (such as via InDemand) are sent every four weeks.

• FirstGiving then distributes the funds monthly to the nonprofit organization.

◙ INDIEGOGO INDEMAND

Indiegogo InDemand allows you to continue collecting contributions after your initial campaign has ended—with no need to start a new campaign. This feature is ideal for keeping momentum going while continuing to raise awareness and funds.