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Comment by exhilaration | Hacker News Reader

My advice: if anyone needs to run an online fundraiser for a charity cause don't use GoFundme, they charge 7.9% + 30 cents. Use http://www.youcaring.com they charge 2.9% + 30 cents AND they show the transaction cost to your donors so they can opt to give more to cover it.

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My biggest complaint with gofundme is that they don't make this blatantly obvious. It feels like they're hiding behind this veil of charitable causes and sneaking their hands into the collection plate when nobody is looking.

I've talked to numerous people who have donated to gofundme campaigns and most of them didn't realize exactly how much of their donation went to the platform.

If price is a concern, I recommend checking out Indiegogo Life (https://life.indiegogo.com/). It's a pretty stripped down product compared to the rest, but they only charge credit card fees (total of ~3%).

[Note: I work in Fundly, a startup competitor to GFM]

Thanks John, I work at Indiegogo and we launched Indiegogo Life in response to the growing personal cause market. We're always focused on responding to our users' needs, which is why we decided to remove our platform fees and simplify our fundraiser creation process to less than 8 clicks on Indiegogo Life.

Does YouCaring have a zip code search like GoFundMe does? I can usually find dozens of local causes really quickly that way.

I noticed that "5% fee" and also a "small processing fee of about 3%" from each donation.

That's 8% from each donation. No wonder they don't need VC money.

considering that 2.9%+30c is the payment processing fee, does youcaring not take any commissions at all?

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