OT Crowdfunding

I guess you need to ask the organisation concerned and the web site these questions. Most of these are now so inaccessible they certainly won't get used by me. I prefer things like Smile which can donate to a charity and do so with no cost to you and even Amazon support it. Brian

You need to check the sites but as far as I?m aware, Just Giving only work with charities and all funds go to the charity nominated.

GoFundMe on the other hand just collect funds for the collector. It?s up to the collector to use the funds for charity, a holiday in the Bahamas or whatever. In short, if you want to be sure that funds go to a charity don?t donate to a Gofundme link.

Tim

Daughter recently did a Cancer charity fundraising walk and whilst most of the donations (~ £1400) went directly to Justgiving electronically, some were given to her in cash that she had to bank and then transfer to the Justgiving site herself (potentially leaving such open to abuse by unscrupulous people etc).

I don't believe Justgiving earn anything out of the donations as there was an optional box where you could tip them something.

Cheers, T i m

how else do you think they get funded?

How do you know when you give direct to a charity that all the monies go to the "good Cause"? Much does not. RNLI is an example of this!

You have evidence? Just curious...

How who get's funded? I am talking of Justgiving and they state there is a '0% Platform fee' but take donations themselves if you opt in.

So if that's what you are talking about I stated previously how they get funded?

Probably no more of a guarantee that a charity gets any money from Chuggers, doorstep collections and people rattling tins outside shops in aid of some anonymous generic charity.

From each "donation" they charge a handling fee of 1.9% + 20p, and 5% of gift aid amounts.

Where registered charities are concerned you can easily check online to see what proportion of their income goes towards the actual charitable work and how much is spent on "administration". It is worth doing this before nominating a charity to benefit from your fund raising efforts. May as well put the money where it will do the most good.

I'd like to see the charities commission force the largest ones to disclose how much is spent on boardroom salaries and chugging etc. Certain ones seem to have a very high high street mither factor.

Even with the best will in the world some fund raising things go haywire in that the individual starts out with good intentions but end up in a weird nightmare scenario if the thing goes viral or more commonly they lose interest after the initial enthusiasm and someone like the parish council has to pick up the pieces and maintain it afterwards (eg AED).

For Justgiving the fees are shown here:

How the charity then uses that money is another thing of course.

Cheers, T i m

So they 'take something to recoup / recover their costs and invest in the system', not sure it constitutes 'earning' as such. ;-)

Like all these things it's got to be a balance between providing a service that benefits the recipients and being able to live at the same time.

The point was I did see an optional box where you could donate money to them *directly*. That might be considered more like earning, compared to the other deductions and has no benefit to the giver other than them helping them carry on with their (good?) work?

Cheers, T i m

Interesting, thanks.

As you say, it's not necessarily clear how the outgoings were broken down (even under 'Financial's).

Sounds fair.

Agreed.

;-)

Cheers, T i m

Chris Hogg formulated on Monday :

If you look in the 2018 accounts: Total income is £186m Cost of raising that is £29m (see p.32)

That's 16p in £1 raised, which looks better than some other charities.

The accounts don't show administration expenses directly, but, of the £186m raised, £85m goes on staff costs (p.61). That's roughly half.

Of course, you can make of that what you will. Are all the staff sitting around in endless meetings, swilling gallons of tea? Far from it, I imagine. The RNLI has a vast array of equipment, much of it in a hostile environment, and it must need a lot of upkeep. I assume that's done by permanent staff, rather than volunteers.

They also have a 'state of the art' training centre in Poole

most charities are an example of this. They have costs. Collecting for one thing then spending it on another is another less common issue. Generally speaking it's illegal, the relevat phrase being 'cy pres.'

NT

Often complete bullshit because it only covers the money they may RECEIVE from a third party that raises the funds. A third party may raise £100k and hand over £10k to the charity but the charity can still claim that it only spends 5% on admin (5% or the £10k)! Many charities now use third party fund raising companies but they don't have to include any of admin/fraud costs from these third parties.

I believe that if you sign up to make monthly contributions with a high street ?chugger?, it?s at least a year before the charity sees any money. The first year?s contributions all go to paying for the chuggers.

Tim