GoFundMe

GoFundMe

GoFundMe is a popular crowdfunding platform that allows people to raise money for events, causes, and personal needs. It makes it easy for individuals, groups, and organizations to create fundraising campaigns and share them across social media to collect donations.
GoFundMe image
fundraising donations social-media crowdfunding

GoFundMe: Crowdfunding Platform

GoFundMe is a popular crowdfunding platform that allows people to raise money for events, causes, and personal needs. It makes it easy for individuals, groups, and organizations to create fundraising campaigns and share them across social media to collect donations.

What is GoFundMe?

GoFundMe is an online crowdfunding platform that allows people to raise money for events, causes, emergencies, and other needs. Launched in 2010, GoFundMe enables anyone to create a fundraising campaign and share it across social media to collect donations. It is one of the world's largest social fundraising platforms with over $9 billion raised from over 120 million donations.

GoFundMe campaigns can be set up for a variety of purposes - to pay for medical bills, memorials, education fees, trips and events, emergencies, pets' treatment, youth sports teams, charities, and more. The platform makes it easy for anyone to create a campaign in minutes with their story, photos, goal amount, and a call for support. The campaign creator can then share the fundraiser link across Facebook, Twitter, and other networks. As people donate, the money goes directly to the campaign organizer's payment account. GoFundMe deducts a small platform fee from each donation.

While primarily used by individuals and families, nonprofits, companies, community groups, sports teams, charities, churches, clubs, schools etc. also use GoFundMe for fundraising short-term goals. The platform provides campaign organizing advice and tips for promoters to get better engagement. GoFundMe also has a social community where people can find and support other fundraisers. Overall, it has enabled people to mobilize support for causes that matter to them.

GoFundMe Features

Features

  1. Allows users to create personal fundraising campaigns
  2. Provides pre-made campaign templates
  3. Integrates with social media for sharing and promotion
  4. Includes donor management tools
  5. Offers mobile app for managing campaigns
  6. Provides payment processing
  7. Has fundraising consultants to provide advice

Pricing

  • Freemium

Pros

Easy and quick to set up campaigns

Wide reach through social media integration

Pre-made templates simplify campaign creation

Large existing donor base to tap into

Mobile app allows managing campaigns on the go

Payment processing is handled seamlessly

Consultants available for advice

Cons

Transaction fees charged on donations

Limited customization options for campaigns

Must meet eligibility criteria to create fundraiser

Identity verification required

Donors may be hesitant to give through unfamiliar platform

Scams and fake fundraisers exist


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