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How to Set up a GoFundMe to Raise Money

GoFundMe, a crowdfunding website, is now more prevalent than ever on social media. GoFundMe campaigns can be used to fund artistic endeavors, pay for medical expenses, halt evictions, and more.

GoFundMes are simple to post, and the firm keeps a modest percentage of the money raised (2.9% plus 30 for each donation). The majority of the money goes into the campaigner’s wallets, which is fantastic for those who are struggling.

It’s simple and takes less than an hour to start a GoFundMe. You must wait for one to two business days for your account to be verified before you may withdraw money from your donations.

How to set up a GoFundMe campaign

Your campaign’s launch won’t take long, but account verification takes some time. Before disbursing hundreds or thousands of dollars in donations, the website must confirm your identity.

  1. . Visit GoFundMe’s sign-up page.

2. Enter your name, email, and phone number.

3. GoFundMe will send you a verification text. Enter the code and click “Verify.”

4. Enter your financial goal, the title of your campaign, who the money is being raised for, and your zip code.

5. Choose the category of the campaign: What’s it for? Get this right so people can locate your campaign.

6. Click “Next.”

7. Upload a high-resolution cover photo or a YouTube video summarizing the point of your campaign.

8. You’ll be prompted to write a storytelling people and why they should donate. Spend some time on this. A compelling narrative can make a difference. The site recommends that you: describe who will benefit; detail what the funds will be used for; explain how soon you need the money, and describe what the support will mean to you. Click “Save” once you’re done in the “Story” field.

9. Click “Complete Fundraiser.”

10. The site will prompt you to share your campaign on social media. This is the best way to get attention and raise funds. Come up with a smaller, shareable version of your story that can fit in a tweet or post. Avoid copying and pasting what’s on the campaign already — walls of text are overwhelming on social media.

11. The site will then ask you to invite three of your friends to join your fundraiser as “team members.” They can help you post updates and thank donors. You can’t continue until you’ve done this.

12. Your campaign is now launched.

Next steps for running your GoFundMe campaign

Now that your campaign is up and running, there are a few things you will want to keep in mind.

Add or verify your banking information 

You’ll need to verify your financial information in order to withdraw the donations you receive. To add or verify your banking account:

1. Sign in to your GoFundMe profile.

2. Click the “Withdraw” button on your page.

3. Click “View withdrawal overview.”

4. Click the pencil beside the words “Bank information.”

5. Add or verify your routing and account information and click “Confirm” to confirm it.

Verify your email address

To prevent a pause in donations, you must additionally confirm your email address within 14 days of the first donation. GoFundMe will fully reimburse all contributions made to your account to donors if you don’t verify your address within 30 days of the first donation.

  • To verify your email address, track down an email labeled “Verify Your GoFundMe Email” in your inbox and follow the email prompts to verify your address.

Share widely

If you don’t advertise your campaign, it won’t generate any funding. Even though you might find these uncomfortable, nice people are unlikely to condemn someone who is in need of money. Once you start to see the benefits, whatever concerns you had about it will start to fade.

Be patient

Even while your campaign might not get off the ground right away, it still might. Don’t be bashful about it, but don’t post about it continuously either. The growth of a campaign is exponential: one share becomes three, three shares become nine, and so on. Even if you don’t expect your friends and family to react favorably to your Facebook post, someone from your past or present might be eager to assist you.

 

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