GoFundMe Surpasses $3 Billion in Donations

REDWOOD CITY — GoFundMe, the world’s largest social fundraising platform, announced it has reached more than $3 billion raised by its giving community of over 25 million donors since it was founded in 2010. This fundraising milestone comes on the heels of record-breaking campaigns that have touched the hearts of people around the world and have delivered help to educators and their classrooms, families affected by illness or disaster, and community members in need.

GoFundMe’s giving community has come together to support those who need help time and again, including raising more than $11 million for those affected by the Louisiana floods and $7.8 million for the victims of the Pulse shooting in Orlando.

Viral campaigns like Chicago’s Fidencio the Paleta Man and Memphis’s Chauncy’s Chance drew generosity from donors around the world and inspired dozens of similar campaigns to changes the lives of others.

GoFundMe charges 7.9% of any amount donated in the U.S. and Canada plus $0.30 processing fee. Charities are charged a total of 9.25%.

Leave a Reply