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Fees for iFundraise

Fees

There are no costs to setup a campaign on iFundraise. Fees are only deducted from donations received.

Platform Fee

iFundraise has a platform / admin fee of 4%. This allows us to provide a professional service to causes. The site fee goes towards:

Development costs – we continue to develop the platform to provide more features and tools to causes.
Support Costs – we are here to respond to emails and provide phone support.
Hosting Costs – we host our website with Blacknight Ireland on a high spec server.
Taxes – Yes we must pay these also!

Therefore the total fee charged is a flat 4% plus a variable transaction charge based on the selected payment method.
This covers the ongoing development and running costs of iFundraise.

Transaction Fee

When processing payments, we provide a number of payment methods to donors, all of which charge iFundraise a fee.
These payment methods include the standard Credit Card / Debit Card entry via Global Payments, PayPal, Stripe, Google Pay or Apple Pay.
Some of these companies transaction charges are fixed and some are a percentage charge.
These transaction charges are as follows –
Credit Card / Debit Card – 1%.
PayPal – 1.9% + €0.35.
Stripe / Apple Pay / Google Pay – 1.4% + €0.25.
The above charges are inclusive of VAT.

Raise more with iFundraise

Donors are given the option to cover the fees, which 75% of donors opt to do. This results in the cause getting 100% of the donation amount.
All donations are transferred directly to each cause on a monthly basis.
While other sites claim to offer a Free service, they will charge a transaction fee on each donation. Some sites also set a default tip off 10% – 15% of the donated amount.
Additionally, some websites will charge charities monthly / yearly fees to be listed on their platform. iFundraise charge no such fees.

As a result your campaign will raise on average 5.4% more by using iFundraise when compared with GoFundMe.

See our comparison table below on four recent campaigns on iFundraise.
GoFundMe fees as advertised on their website (8th September 2017) are 5% Platform Fee + 2.55% Other Fees + €0.25 per donation

iFundraise v GoFundMe Fee Comparison

Fee Comparison – iFundraise vs GofundME

Sample Campaign 1
Total Donated :
€11,705.00
Net Returned by iFundraise:
€11,513.20
Net Returned if using GoFundMe:
€10,803.52
€709.68
more raised using iFundraise
Sample Campaign 2
Total Donated :
€10,435.00
Net Returned by iFundraise :
€10,122.45
Net Returned if using GoFundMe :
€9,610.41
€512.04
more raised using iFundraise
Sample Campaign 3
Total Donated :
€5,370.00
Net Returned by iFundraise :
€5,265.35
Net Returned if using GoFundMe :
€4,934.07
€331.28
more raised using iFundraise
Sample Campaign 4
Total Donated :
€24,150.23
Net Returned by iFundraise :
€23,095.67
Net Returned if using GoFundMe :
€22,231.39
€864.28
more raised using iFundraise