Student Fundraising Guide Page 14

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HOBY Student Fundraising Guide
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A great platform for seeking sponsorship and fundraising are online tools that make
donations easily accessible to you. Through social media and email, fundraising links are
easily sent to family and friends all over the world, however, these sites do create their
revenue by charging a percentage fee for donations you collect. A few examples are
below:
GoFundMe – allows you to send updates to sponsors throughout your
fundraising period; collects 5% of donations you receive.
Fundly – collects 4.9% of your donations.
YouCaring - no fee, but the umbrella company collects a portion of
your donation.
Kickstarter – mostly used to fund projects.
Note: GoFundMe, Fundly, and YouCaring are run by an umbrella company, WePay, who
collects 2.9% plus an additional thirty cents for each donation in addition to the fees of
the individual website.
Consider this: if you are fundraising for a trip, a HOBY experience, etc., you may also
ask potential donors to call the sponsor of the trip or experience on your behalf to make
a payment donation to be applied directly to your account!
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Parent category: Business