Private GoFundMe Campaigns for You and Your Loved Ones

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If you're facing a personal or family crisis, a private GoFundMe campaign can be a lifesaver. You can create a private campaign to raise funds for medical expenses, funeral costs, or other unexpected bills.

GoFundMe allows you to set a fundraising goal and deadline, which can help you stay on track and focused. For example, if you're raising funds for a family member's medical treatment, you can set a goal of $10,000 and a deadline of 6 weeks.

Having a private campaign also means you can control who sees your fundraising page, which can be a relief if you're dealing with sensitive or personal issues. You can choose to share your campaign with close friends and family, or keep it private and only share the link with trusted individuals.

The funds you raise on GoFundMe can be used to cover a wide range of expenses, from medical bills and funeral costs to rent and utility payments.

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Addressing Privacy Concerns

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GoFundMe takes data privacy concerns seriously, with a dedicated team responsible for implementing and overseeing the administration of their data notice.

All employees and contractors who handle personal data must adhere to this notice and any implementing policies. Failure to do so can result in disciplinary action, potentially even termination of employment.

GoFundMe Data Retention

GoFundMe will retain your personal data for as long as required for the purposes for which it was collected.

They keep records related to your employment with them for at least seven years.

Sometimes, they may retain your personal data for longer periods of time if required to do so according to their regulatory obligations or to protect their legal rights or the rights of others.

They may keep your personal data for a reasonable time after you leave to ensure they have the records they need in the event of a dispute or regulatory investigation.

This is also to ensure they can comply with requests from regulators and to contact you about future work opportunities if you consent.

How Does GoFundMe Address Privacy Concerns?

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GoFundMe takes data privacy concerns seriously, with a dedicated team responsible for implementing and overseeing the administration of their data privacy notice.

The People and Workplace team is tasked with ensuring all employees and contractors adhere to the notice and any implementing policies. Failure to do so can result in disciplinary action, potentially even termination of employment.

GoFundMe also holds its agents and contractors accountable for any misuse of personal data, which can lead to termination of an agreement or other action.

The company takes a zero-tolerance approach to data misuse, making it clear that it's a serious offense with serious consequences.

Raising Funds

Private gofundme campaigns can be set up to receive donations in the form of cash, cryptocurrency, or even gift cards, allowing donors to contribute in a way that's most convenient for them.

Donors can also be incentivized with rewards, such as exclusive updates or personalized thank-you messages, to encourage them to contribute to a private gofundme campaign.

The fundraising goal for a private gofundme campaign can be set to a specific amount, such as $5,000, which can help to create a sense of urgency and encourage donors to contribute.

Raise Funds for Yourself and Loved Ones

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Facebook has introduced new fundraising tools that allow you to raise money for yourself, friends, and family.

The feature is currently in beta and only available to those in the U.S. who are aged 18 or older.

You can set up a dedicated Facebook page to share information about the fundraiser, set a donation goal, and receive money through the site.

Facebook requires all fundraisers to go through a 24-hour review process before being approved.

The tool is designed to help cover six specific expenses, including education expenses, medical bills, pets' medical bills, crisis and disaster relief, personal emergencies, and assistance for families after a death.

You can set preset or custom donation amounts, and donors can choose to make their contribution public or private.

Facebook charges a 6.9% fee plus a 30-cent transaction fee to cover payment processing, vetting, and security.

This fee is applied to all donations made through the platform, so it's essential to factor it into your fundraising goal.

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Celebrate Giving

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Crowdfunding websites like DonorsChoose can be a powerful way to raise funds, allowing teachers to post items they need for their classrooms and donors to decide how to help. This approach can bring people together and create a sense of community.

The government's response to these websites is concerning, with some districts banning teachers from using them. For example, Nashville has banned teachers from using DonorsChoose, citing concerns about monitoring and compliance with district regulations.

It's not just about the money, though - crowdfunding can also help people become more aware of the challenges facing their communities. By supporting local causes, individuals can make a real difference in the lives of those around them.

The breakdown of civic life has left some people feeling like they need to ask strangers for help, rather than their neighbors and friends. This is a problem, but it's not solved by making government the middle man.

Crowdfunding websites can actually help bridge the gap between givers and receivers, empowering small donors to make a big impact.

Understanding GoFundMe

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GoFundMe is a crowdfunding platform that allows individuals to raise money for personal or family emergencies, medical expenses, or other unforeseen circumstances.

The platform was founded in 2010 by Brad Damphousse and Tim Cadogan, but it was later sold to the company's current CEO, Tim Cadogan's friend, Brad Damphousse's friend, who was not involved in the company, was not the founder, and sold the company in 2014 to a group of investors led by a private equity firm.

Anyone can create a GoFundMe campaign, and the platform takes a 5% fee on donations, with an additional 2.9% + $0.30 per transaction fee for credit card payments.

GoFundMe has become a popular way for people to raise money quickly and easily, with over 50 million donations processed on the platform each year.

The platform's success can be attributed to its user-friendly interface and the fact that it allows individuals to share their campaigns on social media, making it easy to spread the word and get donations.

GoFundMe also offers a feature called "GoFundMe Plus", which provides additional tools and support for creators, including access to a team of experts who can help with campaign promotion and fundraising strategies.

Frequently Asked Questions

Is there a better alternative to GoFundMe?

Yes, BetterWorld is a popular alternative to GoFundMe, offering flexibility with various fundraising options beyond traditional crowdfunding campaigns. Explore its features to discover how it can help you achieve your fundraising goals.

How much does GoFundMe take on a $100 donation?

GoFundMe takes 2.9% + $0.30 on a $100 donation, totaling $3.20. This fee helps cover payment processing costs for your fundraiser.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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