Is GoFundMe com legit?
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Is GoFundMe com legit?
GoFundMe is dedicated to empowering people to help people, and we do this by carefully reviewing each campaign on our platform. An overwhelming majority of campaigns on the site are safe and legitimate, as fraudulent campaigns make up less than one-tenth of 1\% of all campaigns on GoFundMe.
Do I have to pay taxes on GoFundMe Money?
Donations made to personal GoFundMe fundraisers are generally considered to be “personal gifts” which, for the most part, are not taxed as income in the United States. Additionally, these donations are not tax deductible for donors.
Why would a GoFundMe be deactivated?
If fundraiser content violates our Terms of Service, the fundraiser may be suspended by the GoFundMe Community Management team. When a GoFundMe fundraiser is suspended, the link is inactive to the public and can only be viewed by the GoFundMe organizer or the added beneficiary.
What percent does GoFundMe take?
2.9\%
$1.75 is deducted by our payment partner as a transaction fee, which includes debit and credit charges (i.e., 2.9\% + $0.30 per donation) $48.25 is sent to the beneficiary of the fundraiser after processing and appropriate verification. $5 is sent directly to GoFundMe as a voluntary tip for GoFundMe’s services.
What is GoFundMe’s policy on lying to donors?
Our policy is simple and strictly enforced: It is not permitted to lie or intentionally deceive donors on GoFundMe for financial or personal gain. Lying or being misleading about your identity as a campaign organizer or your relationship to the ultimate recipient of the funds
What happens if someone makes a misleading GoFundMe campaign?
In the rare instance that someone does create a misleading campaign with the intention of taking advantage of others’ generosity, GoFundMe takes swift action to resolve the issue. Our policy is simple and strictly enforced: It is not permitted to lie or intentionally deceive donors on GoFundMe for financial or personal gain.
Is GoFundMe safe and legit?
An overwhelming majority of campaigns on the site are safe and legitimate, as fraudulent campaigns make up less than one-tenth of 1\% of all campaigns on GoFundMe. In the rare instance that someone does create a misleading campaign with the intention of taking advantage of others’ generosity, GoFundMe takes swift action to resolve the issue.
What are some examples of fraud on GoFundMe?
Lying or being misleading about your identity as a campaign organizer or your relationship to the ultimate recipient of the funds We rely on the GoFundMe community to let us know if there is suspicion that a campaign organizer is involved in any of the examples of fraud above. To report a campaign for potential fraud, please contact us.