Crowd Funding Resources

Please visit the links under "Teen Funding Resources" in the table below to get up-to-date information on the various crowd funding platforms. 

 

Untitled Document
Teen Funding Resource Twitter Basic Fees Approximate Additional Fees Comments
GoFundMe @gofundme

5% of Raised Amount

Approximate processing fee of 2.9% + $0.30 applies to for-profit enterprises.

Approximate processing fee of 4.25% applies to charities.

Most people use GoFundMe to raise money for themselves, a friend or loved one during life's important moments. This includes things like medical expenses, education costs, volunteer programs, youth sports, funerals & memorials - even animals & pets. No dealine or goal requirements.

Kickstarter @kickstarter 5% of Raised Amount Processing fees of between 3-5% apply.

Projects must create something to share with others. Projects can’t fundraise for charity, offer financial incentives, or involve prohibited items. There are deadline and goal requirements.

Indiegogo @indiegogo 9% of Raised Amount (but 5% refunded if goal is reached) 3% processing fee. $25 fee for international wire. There are no criteria for what kind of project can become an Indiegogo campaign. Allows not for profits. One can choose a flexible plan in order to keep raised funds.
YouCaring @you_caring 5% of Raised Amount is Suggested To Donors Processing fee of 2.9% + $0.30 applies. No restrictions on they type of campaign but seems to be geared towards individuals that need funds for medical bills or other potentially life-altering events.
Causes @causes 0% of Raised Amount Processing fee of 4.75% applies. Allows non-profit and charity fundraising.
GiveForward @giveforward 5% of Raised Amount Processing fee of 2.9% + $0.50 per transaction applies. Appears to focus on raising money for personal causes and for charity.
CrowdRise @crowdrise

3% (for charities); 5% (other)

Processing fee of 2.9% + $0.30 applies. Appears to focus on raising money for personal causes and for charity.
Fundly @fundly 4.9% Platform Fee Processing fee of 3.0%.

Appears to focus on raising money for personal causes and for charity.

FirstGiving @firstgiving 7.5% of Raised Amount Processing fee of 2.5% applies. Appears to focus on raising money for personal causes and for charity.
Fundrazr @fundrazr 5% of Raised Amount Payment Provider fee of 2.9% + 30¢ per transaction. No particular focus on the type of campaign.