GoFundMe is one of the most popular fundraising websites for personal fundraising causes. The platform offers a little more personalization in campaigns and three models for fundraising: personal campaigns, charity fundraising and all-or-nothing campaigns.
Under the personal campaign model, you set up your campaign and request donations. This is a good option for those looking to fund medical expenses, memorials, and travel because you don’t have to offer rewards. For personal campaigns, you do not have to set a deadline or funding goal.
The charity model allows you to choose one of the non-profit organizations listed on the site and promote it through your social network. Crowdfunding promotion is one of the toughest parts of crowdfunding so it’s nice to have another option.
The all-or-nothing campaign model is similar to Kickstarter where you create a crowdfunding campaign and offer rewards for backer contributions.
In the United States, GoFundMe deducts a 5% fee plus a processing fee of about 3% and $0.30 from each donation you receive. International fees range from 6.9% to 7.9% depending on the country. Charities pay a 5% platform fee and a 4.25% fee to FirstGiving.