
Fundly for Nonprofits is a game-changer for organizations looking to raise funds securely and efficiently. Fundly offers a unique platform that allows nonprofits to create their own fundraising pages, share them with their networks, and collect donations online.
Fundly's platform is designed to be user-friendly, even for those who aren't tech-savvy. Nonprofits can easily create their own fundraising pages, set fundraising goals, and track progress in real-time.
Fundly's fees are competitive and transparent, with no hidden charges or surprise fees. This means nonprofits can focus on their mission without worrying about unexpected expenses.
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Platform Fees
Fundly charges a fee for using their platform, and it's based on the amount of money raised through your campaign. This fee is a percentage of the funds collected, plus an additional 3% credit card fee.
For individual campaigns, the fee is 4.9% of the funds collected. This means that if you raise $10,000, Fundly will take $490.
However, if your campaign reaches certain donation levels, you can get discounts on the fee percentage. For example, if you raise between $50,001 and $500,000, the fee drops to 4.4%.
Double the Donation
Double the Donation is a company that partners with Fundly to help raise more funds through matching gifts.
Fundly and Double the Donation work together to make it easier for organizations to tap into this often-overlooked source of funding.
By using Fundly with Double the Donation, organizations can download a guide to learn how to maximize their matching gift potential.
Double the Donation helps organizations raise more from matching gifts using Fundly, making it a valuable resource for those looking to increase their fundraising efforts.
Fundraising and Campaigns
Fundly offers a range of fundraising tools, including peer-to-peer fundraising campaigns, crowdfunding, and event fundraising.
Fundly's platform allows users to create and manage their own fundraising campaigns, with features such as customizable donation pages, social sharing tools, and team management.
You can set a fundraising goal and track progress in real-time, with automatic updates to your campaign page.
Security and Donor Information
Fundly takes the security and protection of your donor information very seriously. Fundly uses industry-standard SSL encryption to protect all data transmitted between your website and Fundly's servers.
Fundly also complies with the Payment Card Industry Data Security Standard (PCI DSS) to ensure the secure processing of donations. This means that all sensitive payment information is never stored on Fundly's servers.
Fundly's servers are also regularly scanned for vulnerabilities and malware to prevent any potential security threats.
Ensuring Donor Information and Transaction Security
To ensure donor information and transaction security, it's essential to implement robust encryption methods. This includes using HTTPS protocol to secure online donations and protecting sensitive data with encryption algorithms like SSL/TLS.
Donor information should be stored securely, with access limited to authorized personnel only. This can be achieved by using role-based access control and two-factor authentication.
Regular security audits and penetration testing can help identify vulnerabilities and prevent data breaches. Our organization conducts quarterly security audits to ensure our systems are secure.
Data backups should be performed regularly to prevent data loss in case of a security breach or system failure. We perform daily backups of our database to ensure donor information is safe.
Secure payment gateways are also crucial in protecting donor transactions. Our organization uses a reputable payment gateway that is PCI-DSS compliant, ensuring secure processing of credit card donations.
Embezzled Donations
Fundly's payment processor, WePay, took a sneaky approach to handling extra donations. They took the difference between the donation amount and the campaign goal as fees, adding up to the amount of the extra donations.
This practice can be devastating for campaigns that rely on every penny donated. Fundly's user experienced this firsthand, trying to raise funds for an electricity bill but getting ripped off instead.
WePay's fees were deducted from each donation, regardless of whether it was extra or not. This means that even small donations were subject to these fees, eating into the campaign's overall funds.
Fundly's user was shocked and horrified by this experience, feeling that it was unfair and potentially illegal. They're not alone in their concerns, as many campaigners have reported similar issues with Fundly and WePay.
Tracking Progress and Rewards
Tracking your progress is a crucial part of achieving your fundraising goals on Fundly. Fundly allows you to set a fundraising goal and track your progress in real-time.
As you create your campaign, you'll be able to see how much money you've raised so far and how much more you need to reach your goal. Fundly's dashboard provides a clear and concise overview of your campaign's performance.
You can also customize your campaign with a photo or video to make it more engaging and shareable. This can help you reach a wider audience and attract more donors.
Fundly's rewards system allows you to offer incentives to donors based on the amount they contribute. For example, you can offer a reward for donors who contribute $25 or more.
Accepting Donations in Multiple Currencies
Fundly makes it easy to accept donations in multiple currencies, which is especially helpful for campaigns that are global in scope. This feature allows you to reach a wider audience and make it more convenient for people to contribute.
You can set up your campaign to accept donations in multiple currencies, including the US dollar, euro, and pound. This is done through a simple process in the Fundly platform.
Having a multi-currency option can significantly boost donations, especially for campaigns that are targeting international audiences. I've seen it happen in my own experience with online fundraising.
Fundly's currency conversion feature ensures that donors are not charged extra fees for making donations in a currency other than their own. This transparency builds trust with donors and increases the likelihood of successful fundraising.
You can also use Fundly's built-in currency conversion tool to automatically convert donations into your preferred currency. This saves you time and effort, and ensures that you receive the funds in the currency you need.
Content and Donations
Fundly allows you to create a custom fundraising page with a personal message, photos, and videos.
You can share your page on social media, email, and text messages to reach a wider audience. Fundly also integrates with popular social media platforms, making it easy to share your campaign.
With Fundly, you can set a specific fundraising goal and track your progress in real-time. This helps you stay organized and motivated to reach your target.
You can accept donations via credit card, PayPal, and bank transfer, making it convenient for supporters to contribute.
Frequently Asked Questions
What is the difference between Fundly and GoFundMe?
The main difference between Fundly and GoFundMe is their fee structures, with GoFundMe charging a 2.9% fee plus $0.30 per transaction and Fundly charging a flat 4.9% fee. Fundly also offers a pro version with additional features and pricing options.
How does Fundly pay you?
Fundly transfers funds to your bank via Stripe, with the timing depending on your withdrawal schedule and other factors. Funds are typically available within a day or two, but the exact timing may vary.
What percentage does Fundly take?
Fundly takes a total of 7.8% per donation, including a platform fee and payment processing fee. This fee is broken down into a 4.9% platform fee and a 2.9% payment processing fee, plus a $0.30 charge per donation.
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