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 It is better to send a check than use GoFundMe

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bookworm
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PostSubject: It is better to send a check than use GoFundMe   Mon Feb 29, 2016 7:25 pm

Although a GoFundMe page has been set up, it is better to send a
check or money order. GoFundMe takes a percentage, albeit small, of all donations. If you send the money to Mufasa, all of it will go to the site.
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roy0110
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PostSubject: Re: It is better to send a check than use GoFundMe   Tue Mar 01, 2016 12:12 am

if this is true, it would depend on how much gofundme actually 'cream-off'
EG: if gofundme take 1 cent for every dollar donated and you donate $10, gofundme would take 10 cents.
if you post a cheque for $10 assuming the transaction carries no charge but postage is 20 cents then it would have been better to donate $10 + 10 cents by gofundme.

figures are purely for illustration.
if anyone knows exactly what gofundme take per $ it would be helpful.

EDIT
pricing & fees here:
Gofundme
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bookworm
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PostSubject: Re: It is better to send a check than use GoFundMe   Tue Mar 01, 2016 2:49 am

Roy

I have been told it was about 6 percent. It might be more. It is not less.
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go456
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PostSubject: Re: It is better to send a check than use GoFundMe   Tue Mar 01, 2016 7:33 am

Could depend upon where you live and what the amount you send to it maybe

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Trinity
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PostSubject: Re: It is better to send a check than use GoFundMe   Tue Mar 01, 2016 9:04 am

Copied from the site

Does it cost anything?
While it's free to create and share your online fundraising campaign, GoFundMe will deduct a 5% fee from each donation that you receive. Since our fee is deducted automatically, you'll never need to worry about being billed or owing us any money. A small processing fee of about 3% will also be deducted from each donation. Please see Pricing & Fees for more info.

Beware of other services that claim to be 100% Free - they'll actually charge your donors instead.
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toto2
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PostSubject: Re: It is better to send a check than use GoFundMe   Tue Mar 01, 2016 9:39 am

Sounds like a check or money order is the way to go... 8% is pretty hefty. I'd rather pay the post office, who has a much higher overhead, for 1st class postage than 8 cents on the dollar to an internet company.
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Sharron123
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PostSubject: Re: It is better to send a check than use GoFundMe   Tue Mar 01, 2016 4:06 pm

It maybe cheaper for those in US to send a cheque....but for international players GoFundMe is an alternative and people should check out which better suits them. Here it can cost anything from $5-$50 to send depending on which service you use and then a few banks in America also charge a receivers fee..in the UK ---some offer free but are usually for larger sums of money otherwise 7-30 pound and Canada maybe the same...this is on top of the exchange rates for those countries. Even paypal also charges.....it is just standard practise for international transfers etc
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Doc6768
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PostSubject: Re: It is better to send a check than use GoFundMe   Fri Mar 04, 2016 6:05 pm

Just sent on Pay Pal hope that is still an option.
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cattails321
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PostSubject: Re: It is better to send a check than use GoFundMe   Wed Mar 09, 2016 1:34 am

DOC.....PAYPAL IS NO LONGER AN OPTION......YOU SHOULD READ WES' POSTS

SENT A CHECK TO THE ADDRESS IN THE POST,IF UR GONNA SEND SUPPORT UNTIL MUF SETS UP ANOTHER OPTION muah

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mufasa
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PostSubject: Re: It is better to send a check than use GoFundMe   Sat Mar 19, 2016 9:48 pm

bookworm wrote:
Although a GoFundMe page has been set up, it is better to send a
check or money order.  GoFundMe takes a percentage, albeit small, of all donations.  If you send the money to Mufasa, all of it will go to the site.

you are correct out of a 300$ donation i received 276$ of the 300 so they took 24$ for the transfer.

exchange rate is easier this way but either way they get their money as for checks it is easier for me but either way works just trying to allow everyone a way to help if they feel they can if not i understand.


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