It’s seen that people use GoFundMe to raise money for themselves, loved ones, or other people in random acts of kindness.
People raise money for almost anything, from funding medical expenses, education costs, volunteer programs, youth sports, funerals and memorials, and even animals or pets.
Gofundme.Com Login Steps
Where Do You Live?
- Enter the location as the country of the deposit account containing the funds. This will determine the currency received.
What Are You Fundraising For?
- Choosing a category is just a way to help other people to find your fundraiser, so you can select whichever seems closest to your situation.
What’s Your Name?
- The name you enter will be displayed publicly on the fundraiser page. If you don’t want to use your full name, whether, for safety or personal reasons, you can enter your chosen name here. Be sure to enter your legal name when it comes time to set up transfers.
Who Are You Fundraising For?
- If you’ll be managing transfers yourself, whether to a personal or company account, select “Yourself”. If you’ll need to add a beneficiary, select “Someone else”.
- And if you are raising funds for a charity and would like the funds to be sent directly to that charity, select “Charity”.
Set Your Fundraising Goal
Your aim should reflect how much you are aiming to raise. Make sure your goal reflects the number of dollars you’re looking to make. You can learn more about how to set your goal in this article.
Here are some important things to know about your goal amount:
- You have the option to edit your goal at any time
- You do not need to reach your goal to receive your funds
- Your fundraiser won’t automatically end when you reach your goal
Steps Set Up A Gofundme Page
Create your GoFundMe account:
To create your account, enter your email address and password. Double check the spelling of your email addresses and make note of your password in a secure location.
Be sure to use an e-mail address you have access to, as our support team will be sending a lot of important messages.
Add A Cover Photo Or Video:
Fundraisers using a personal photo or video that showcases the person, animal, or cause for the funds are generally more successful than those that do not.
Whether you choose a photo or video, please keep the following in mind:
- You must have the right to post and share the photo or video
- The photo must be of high quality
- The photo size is recommended to be 720 x 405
- JPEG, PNG, or BMP
Tell your story:
Your fundraiser name is one of the very first things you need to focus on. Work out a title that makes the fundraiser unique to the cause or appeals to the most people.
For example, ‘Help Kelly Smile Again’ has more impact than ‘funds for the dentist.’ It has to be 35 characters or less, so make sure it fits!
A great story will be open and descriptive and include a bit about who you are, what you’re raising funds for, and how the money will be spent.
If you’re raising money for someone else (the beneficiary), it’s a good idea to share how you know them.
Complete Your Fundraiser:
Once you click “Complete fundraiser,” your campaign is live and available to receive donations! Please continue reading for important information about how to start getting donations.
Do People Pay Taxes On Gofundme Donations?
Donations given to personal GoFundMe campaigning are “personal gifts,” even though, for the most part, they are not paid for by the donor. Furthermore, donors are not entitled to receive a tax deduction for their contributions.
However, there may be particular case-specific instances where the income is in fact taxable for organizers. For example, if the donations are considered income to the recipient.
The best way to ensure that you comply with the tax laws is to consistently file and do taxes. Donations to GoFundMe fall within its Terms and Conditions, indicating that you are not offering any services or products in exchange for the donation to charity.
GoFundMe will not supply you a tax document for any donations you have made, nor will it include them as taxable earnings on your personal tax return. Read more articles on dollarnex.