Latest in Gear

Image credit:

Facebook adds donation matching to its fundraising tools

It’s also getting rid of the platform fee for personal cause fundraisers.
Share
Tweet
Share

Sponsored Links

Facebook

In 2016, Facebook began allowing its users to raise money for 501c3 nonprofits and it expanded that tool last year, giving users the option to create fundraisers for personal needs. Today, the company has announced a few changes to its fundraising platform. First, nonprofit fundraisers will now feature a donation match tool so that the individuals who create the fundraiser can pledge to match donations up to any amount between $5 and $2,500. Currently, this feature is only launching in the US, but it will expand internationally sometime soon.

Secondly, personal cause fundraisers now have more categories. For family categories there are now options like adoption or new baby supplies while faith-focused fundraisers can now be listed under categories such as missions or religious community events. Other new categories include educational trips, travel for medical needs as well as volunteer programs and supplies.

Lastly, Facebook is now removing the platform fee it takes for personal cause fundraisers. At launch, the fee in the US was 6.9 percent plus $0.30, which Facebook said was for payment processing, fundraiser vetting and fraud prevention. Facebook said that there will still be a small fee for payment processing and applicable taxes.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
A copy of ‘Super Mario Bros. 3’ sold for $156,000

A copy of ‘Super Mario Bros. 3’ sold for $156,000

View
Beloved RPG 'The World Ends With You' will get a sequel, 14 years later

Beloved RPG 'The World Ends With You' will get a sequel, 14 years later

View
The Morning After: What you need for ray-tracing in 'Cyberpunk 2077'

The Morning After: What you need for ray-tracing in 'Cyberpunk 2077'

View
How to make sense of Logitech's universal remote lineup

How to make sense of Logitech's universal remote lineup

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr