Crowdfunding has become a popular way for individuals and organizations to raise funds for their causes or projects. GoFundMe is one of the leading crowdfunding platforms in the industry, offering a user-friendly interface and a vast audience of potential donors. However, some people may be looking for alternatives to GoFundMe due to its high fees or perceived political biases. This article will explore 10 GoFundMe alternatives in 2023, focusing on conservative and low-fee fundraising sites. We will examine each platform’s features, fees, and audience, as well as their unique selling points. Whether you’re looking to raise funds for a personal project or a charitable cause, this article has got you covered.
We will also examine how these platforms compare to GoFundMe and highlight their strengths and weaknesses. Additionally, we will discuss the compatibility of each platform with various payment methods and currencies.
By the end of this article, you will have a better understanding of the various alternatives available to GoFundMe users and be able to make an informed decision on which platform to use based on your preferences and needs. So, let’s dive into the world of crowdfunding platforms.
Top 10 GoFundMe Alternatives (Conservative, Lowest Fee Fundraising Sites) in 2023:
Fundly is the top-ranking fundraising platform with nominal or no start-up fees. One of the striking features here is the KIA (Keep It All) which allows the user to keep all the money raised without worrying about reaching a specific goal.
Moreover, it is equipped with fancy fundraising campaign pages for attracting the financers with campaign stories, posts, feeds, photos, video clips, etc.! Such pages do intimidate the not-into-profit organizations to convey their motive, purpose, and genuine intent behind this fundraise, which voluntarily attracts actual donors.
Fundly charges a basic amount of a 4.9% platform fee apart from a 2.9% credit card processing fee of $0.30 per transaction.
Givebutter is an online GoFundMe alternative that features online donations, fundraising campaigns, and ticketed events for more than 30,000 charitable concerns worldwide. This fundraising site is known for its non-profit cause and fundraising service. It is known for its easy-to-use platform and excellent customer service.
It handles the management of membership, alumni, pledges, dues, events, gift-matching, donors, and campaigns, tracks contribution, manages member databases, and many more. Givebutter offers an entirely free platform. Other than the free version, you can use its features by paying a platform fee of 1-5%. Payment processing charges generally cost 2.9% plus $0.30. You can enjoy the free trial period and then switch to the subscription.
JustGiving is one of the oldest and the most conservative alternatives to GoFundMe. It is the most trustworthy fundraising platform, which has successfully collected a sum of 4 billion pounds since its inauguration back in 2001. But his platform charges almost a fortune to charities! It charges a 5% fee on every donation made, plus there is a monthly subscription amount that the charities are required to pay in addition to the credit card processing fees.
Since 2019 it has cut down the charges from 5% to 1.9% and also has removed platform fees to allow more direct transfer of money to the needy from the donors. It is a popular GoFundMe alternative in the UK.
VirginMoneyGiving is another GoFundMe alternative in the UK. This platform promotes the idea of no profits from a charity. It is super safe, and a reliable crowdfunding platform loaded with catchy tools to support the needy, and is equipped with pocket-friendly fees. VirginMoneyGiving charges an off-set-up fee of 150 pounds plus the VAT to help cover all its processing costs. It demands 2% as platform fees and 2.5% as a processing fee on donations.
Moreover, the popular fundraising platform VirginMoneyGiving allows fundraisers to customize their fundraising page, add alerts and help manage their fundraising. So far, so good, this platform has successfully managed to raise a sum of more than 795 million pounds from some 895000 fundraisers to aid near about 14000 UK charities.
5. CAF Donate
CAF Donate is one of the top alternatives to GoFundMe in the UK that is popular among non-profit organizations. With Charity Aid Foundation Donate, one can create a very user-friendly fundraising campaign page. It allows the candidates to promote the pages by creating donation pages and clicking button links for easy access to donors to reach out to non-profits.
This charity fundraising platform CAF Donate has managed to come far with its donation to more than 5000 charity centers with around 27 million pounds fundraised in 2018 alone. CAF Donate charges 3.2% for a one-time donation, but for regular contributions, the fee is reduced to 2%.
A GoFundMe alternative that is known for its money-raising and awareness program, Bonfire is popular among youths and adults for selling t-shirts for fundraising. Bonfire offers unique tools to design t-shirts wherein fundraisers get to customize their t-shirts in a variety of colors and sizes. The site not only lets you sell them but also collects additional donations on top of that.
Moreover, you should know that Bonfire charges only 8% as their fee when it comes to additional donations. For selling t-shirts, it charges a low base price. Subtracting the same from the sales will give you the fundraising profits.
Cropital, a leading GoFundMe alternative in 2023, is a lending-and-equity-based crowdfunding platform. Wherein, instead of relying on personal loans from banks, the lenders can lend money to a project initiator at a certain interest rate (lending-based crowdfunding). But in equity-based crowd-fundraising platforms, supporters invest in shares sold by a project initiator, and the former receives a share of the profit.
Just like any other alternative to GoFundMe, Cropital charges a nominal 5% service fee on every investment which the supporters collect, and the net amount shall directly go to the farmers. Since the Philippines is an agriculture-based country, Cropital assists the farm owners not only to succor their primary source of income but also gives the supporters an option to earn online.
8. The Spark Project
The Spark Project is a trusted GoFundMe alternative fundraising site. It works as a reward-based crowdfunding site wherein the supporters who come across the products get promoted in exchange for their support in a project. But, on this site, creativity plays a vital role in designing campaign pages to attract fundraising.
Nevertheless, The Spark Project also charges a total of 15% extravagantly on the funds collected if the target amount is not hit. However, it will charge 10% if the target is achieved, with an additional setup fee of $50.
Kickstarter is a prevalent fundraising platform in Nigeria basically for creative projects for all kinds of artists, filmmakers, musicians, explorers, curators, and others to help them fulfill their dreams. This platform follows a policy of all or no funding, i.e., if you meet the goal within a stipulated time period raising funds is possible, else everyone gets their money back.
In here, there are no start-up fees to worry about, but in case there is a successful fund-raise, it charges a 5% fee on the amount collected along with a processing fee ranging between 3-5%
A trusted GoFundMe alternative in Nigeria, NaijaFund is open to all sorts of groups, communities, or even individuals with a varying range of causes to support start-ups, micro, small, and medium-sized enterprises in Nigeria. NaijaFund platform enables users to connect directly to their social media sites, breaking all physical barriers that intrude in between a successful fundraiser. The page is free to create, but there is a deduction of 10% on every donation made through this platform.
- Best PayPal Alternatives for International Payments
- Cash Basis Accounting vs. Accrual Basis Accounting
Now that the best alternatives of GoFundMe are set forth neatly, you can choose the best that suits your fancy needs and raise funding for the noble cause. Also note that the last three (The Spark Project, Kickstarter & Naijafund) are GoFundMe alternatives that work in Nigeria, while Cropital is an alternative to GoFundMe in the Philippines. JustGiving, VirginMoneyGiving, CAF Donate, Crowdfunder, and DONATE™ provide fundraising facilities in the UK.