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Free fundraising sites

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Free fundraising sites

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  1. How Do Free Fundraising Sites Function Fundraising has never been easier. Gone are the days of hectic behind-the-scenes activities for fundraisers, arranging gala dinners, movie shows, and others. Now, you have to be in front of a monitor, tapping away at the keys, and monitoring every aspect of a fundraiser from the convenience of home. Most importantly, setting up an event on a website does not mean heavy expenses as there are free fundraising siteswhere the only charges payable are to third-party service providers and payment gateways.

  2. Attributes of free fundraising sites • Free fundraising siteshave helped people around the globe raise billions of dollars in the recent past. Here are some of the major attributes of the platforms. • Safe and secure sites: Many of these platforms have implemented donor protection guarantee programs. This makes crowd funding and donor schemes fully safe and secure. • No signup fees: - There are no eligibility requirements or signup fees. Visit the site and get your fundraising efforts off the ground in minutes.

  3. Quick funds withdrawal: Unlike traditional fundraising sites, free fundraising sitesallow you to withdraw funds right away. You do not have to go through a long waiting period for the completion of formalities before receiving your money. • Easy promotion: Simple and user-friendly tools are offered by these free fundraising sitesthat help you monitor the funds received at any point in time. • Service 24x7: Round-the-clock customer service so that you do not face any problems at any time of the day or night.

  4. How is fundraising kept free? • The million-dollar question now is how do these free fundraising sitessustain themselves and meet all their operating expenses if the fundraisers are not charged anything? • The truth is that the sites are helped by a community of generous donors who leave a tip on the site whenever they contribute to a cause on the platform. Over time, these tips pile up to become substantial amounts from where the sites can meet all their expenses such as helping those in need and paying salaries to their employees

  5. Are free fundraising sites truly free? • Before analyzing this aspect, it is necessary to understand the difference between payment processing fees and platform fees. • Platform fees are those that need to be paid for services rendered by the site and for allowing fundraisers to interact with the donors, post a page, and withdraw funds. There are no such fees taken by free fundraising sitesand hence in the strictest sense, these sites are free.

  6. On the other hand, payment processors like PayPal and We Pay charge a standard processing fee to recipients that comprise credit card processing fees and safe transfer of funds. These charges are deducted from the donation total. • The free fundraising sitesper se do not charge anything on their platforms.

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