How does online fundraising or ‘crowdfunding’ work?
Crowdfunding is a tool that makes your fundraising easier. By creating a customized online fundraising page, you eliminate a lot of the nuisances of traditional fundraising. Mass mailing, solicitation calls, and donation boxes can be costly, wasteful, time consuming, and intrusive. But online fundraising is essentially free and allows your donors to support you on their time.
Why wouldn't I just use my own 'donate button'?
A ‘Donate’ button could be compared to a cash register without a storefront. Payment services alone won’t give you and your donors an engaging destination that’s engineered for results.
How much does crowdfunding cost?
Many crowdfunding sites claim to be “Free” but charge a processing fee to received donations, typically between 4-10%. NeedyMeds is a non-profit with low overhead. We are not driven to make a profit. Our current fee schedule is on 5% of the first $20,000; 3% on the next $30,000; and 1% of all additional funds. Any third-parties (eg, Authorize.net, credit card processors, etc.) also charge a processing fee.
Who can use HEALfundr for crowdfunding?
Anyone with health-related expenses is eligible to use our service. We review all potential campaigns before they are made public to ensure accuracy and appropriateness.
Does HEALfundr help with fundraising for an organization or project?
Yes. You can use our services to raise money for any health-related project. Examples include funding an event such as a charity golf tournament for a medically-related group, raising money to buy medical equipment for a volunteer fire department, or helping to fund medical research.
What information should I include on my fundraiser page?
Fundraisers should explain who and what you're raising money for, how the funds will be distributed, information about you or those benefitting/receiving care from the campaign. It is important to remember that fundraising online does not remove the personal element of raising money for a loved one. You still have to share your story, find and inspire supporters, and demonstrate why this fundraiser is important to you. Some platforms/campaigns offer rewards for different donation levels; rewards can be anything from a personal thank you on a website to a gift card or a home-cooked meal.
Are campaigns verified?
Most crowdfunding sites do not seek out fraudulent campaigns or accounts. HEALfundr DOES verify the legitimacy of the campaign and submitted bills.