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Facebook to wipe-out fundraising fees for personal causes

People on Facebook raise money for many personal causes, including loved ones who need critical surgery, teachers needing school supplies for their students, and families in need after losing everything in a fire.

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There is good news for people who use Facebook to raise money to support the causes that matter to them as the social networking giant is now all set to do away with its platform fee on fundraisers for personal causes.

“We’re eliminating the platform fee on all fundraisers for personal causes, so that people can maximize their fundraising support,” Asha Sharma, Facebook’s Head of Product for Social Good, said in a statement on Friday.

That means the social network is getting rid of the 4.3 percent platform fee in the US and the 6.2 per cent fee in Canada, TechCrunch.com reported.

But there will still be a small fee charged for payment processing and applicable taxes, Facebook said.

But there will still be a small fee charged for payment processing and applicable taxes, Facebook said.
Representational image, pixabay

Announcing new tools for fundraisers on the platform, Facebook said that people can pledge to match donations to their nonprofit fundraiser.

“This is a first of its kind tool in online fundraising that’s now available in the US and will soon expand internationally,” Sharma said.

The social network is also introducing new categories for fundraisers for personal causes so that people can raise funds for more social good causes across family, faith, travel, and volunteering.

“We want to help everyone to meet and exceed their fundraising goals through matching donations,” Sharma said.

Now people who create fundraisers can pledge to match donations up to the amount they choose, from $5 to $2,500, helping them build momentum for their cause, Facebook added.

Also Read: Toyota Announces To Launch TALKING vehicles in U.S. in 2021 

People on Facebook raise money for many personal causes, including loved ones who need critical surgery, teachers needing school supplies for their students, and families in need after losing everything in a fire.

Facebook said it will be adding fundraiser categories for family (like adoption or new baby supplies), faith (like missions or religious community events), travel (like educational trips or travel for medical needs), and volunteering (like volunteer programs or supplies) causes. (IANS)

 

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Facebook Helps Couple Raise $3.4mn For Reuniting Immigrant Families

Over 83,000 people have contributed to the cause on Facebook so far

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Facebook Helps Couple Raise $3.4mn For Reuniting Immigrant Families
Facebook Helps Couple Raise $3.4mn For Reuniting Immigrant Families. Pixabay

A couple in the US has seen outpouring of support from thousands of people when they set out to raise money on Facebook for reuniting immigrant parents with their children, helping them raise $3.4 million in a matter of three days, the media reported.

Charlotte and Dave Willner, set a target of raising $3.75 million, the USA Today reported on Monday.

The money raised from the Facebook campaign, “Reunite an immigrant parent with their child,” is channelled to RAICES, a Texas-based nonprofit that provides free legal services to immigrants and refugees.

Over 83,000 people have contributed to the cause on Facebook so far.

“The funding we are receiving will save lives. It will keep people from being deported to unsafe countries,” Jenny Hixon of RAICES was quoted as saying.

Facebook mobile app
Facebook mobile app, Pixabay

“It speaks to the outrage the cruel policies at the border have provoked. It honestly gives us hope in what has felt like a very dark time,” she added.

The US administration policy that separates immigrant parents from their children at the Mexico border has drawn criticism from different quarters, including the US First Lady Melania Trump.

According to the the Department of Homeland Security, nearly 2,000 children were separated from their families after illegally crossing the US border in April and May.

Also Read: Facebook To Block Defensive Ads Targeting Under Adults

Launched in 2017, Facebook’s fundraiser platform allows people to raise money for different causes, including personal causes.

Personal fundraisers allow people to raise money for a friend, themselves or a sick pet directly on Facebook.

The social media giant waived fees last year for nonprofit fundraisers. (IANS)

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