What are the costs associated with different fundraising platforms?
An example of an AI chatbot conversation about the costs of various fundraising platforms.
What are the costs associated with different fundraising platforms?
The costs can vary widely depending on the platform. Some charge a flat fee, while others take a percentage of funds raised.
Can you give me examples of popular platforms and their fees?
Sure! For instance, GoFundMe typically charges a 2.9% fee plus $0.30 per donation, while Kickstarter takes 5% of the total funds raised.
Are there any platforms with no fees?
Yes, some platforms like Donorbox allow you to set your own fees, and you can choose to cover transaction costs yourself.
How do these fees impact the total amount raised?
Fees can significantly reduce the total amount received by the fundraiser. It's important to factor these into your fundraising goals.
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