
GoFundMe
A crowdfunding platform that allows people to raise money for nonprofit events.
- Website
- gofundme.com
- Pricing
- free · Free for fundraisers; payment processing fee ~2.9%+$0.30 per transaction
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Visit GoFundMeOverview
GoFundMe is the world's most recognized crowdfunding platform for personal causes: illness, emergencies, creative projects, family support. It made fundraising accessible to anyone, with no intermediaries and no minimum thresholds to reach.
How does GoFundMe work?
GoFundMe is a peer-to-peer crowdfunding platform, designed primarily for personal and charitable fundraising. Starting a campaign is simple: describe your story, set a fundraising goal, add photos and start sharing the link with your network. Donations arrive directly in the connected bank account, with periodic payouts. Donors receive nothing in return — unlike reward-based crowdfunding — but contribute out of solidarity or to support a cause they believe in. GoFundMe is used for a wide range of situations: unexpected medical expenses, disaster relief, funerals, scholarships, animal rescue fundraisers, social causes, creative projects and much more. The platform includes tools to update donors on campaign progress, manage payouts and, in some regions, access a campaign verification service that increases credibility. There's no minimum or maximum duration, nor a minimum threshold to reach in order to receive the funds raised. In 2023 GoFundMe eliminated the 5% commission it previously kept: today the model is based only on payment processing fees and a voluntary contribution from donors.
Who is it for?
For individuals, families and nonprofits who want to raise funds for personal causes, emergencies or projects, leveraging the platform's large donor community.
How much does it cost?
GoFundMe eliminated its 5% commission in 2023: today the service is free for fundraisers. The remaining costs are only third-party payment processing fees, around 2.9% plus $0.30 per transaction, deducted directly from donations. The platform encourages donors to leave a voluntary contribution (the "tip") to support GoFundMe: it's optional and configurable by the donor at the time of donation.
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