10 Sites that Help you Setup a Donation Fund

Fundraising is daunting task in today’s economy. Whether it is for a non-profit organization or for an individual with medical bills, it can take a lot of work. There are websites available to help you make the process a little less painless and also more convenient for donors. Below are ten sites that can help you in setting up a donation fund.

1. Paypal.com – Paypal has become the easiest way to send and receive money on the web. They have not forgotten to include this option in their services. Unfortunately, there will be charges deducted from the donations made through this method to pay for the use of Paypal.
2. NewGiftRegistry.com – On this gift registry site, they realize that not every situation calls for the giving of gift items. They have setup a system for establishing the giving of funds only to a memorial fund for a loved one, as a fundraiser for a non-profit or even as an option for gifts of other types, like weddings, birthdays and showers.
3. Razoo.com – This site provides a free service for non-profits to facilitate fundraising. All the funds donated to a non-profit charity through a Razoo donation page, go directly to that charity organization.
4. NetworkforGood.org – Another web source for non-profits that want to setup an online donation account for donors, this site does have administrative fees associated with it.
5. GoFundMe.com – Anyone can use this site for creating a donation account; you don’t need to be a charity or non-profit to use it. The downside is that you need to use a Paypal account to collect funds. That means you will be paying paypal charges PLUS 5% of the donations to the GoFundMe organizations. It is ‘free’ to setup the account, but it is not free once you start receiving donations.
6. Fidelity Charitable Gift Fund – Fidelity has led the way in making it easy for people to create and give to a donation fund. The plus side to this concept is that the money is being deposited in an investment account, where it can actually earn more money for the non-profit.
7. DonorTownSquare.com – For charities looking for ways to make donation pledge payments more convenient for their supporters, this site assists you in setting up a process for taking payments via credit card from your own website. There are charges associated with receiving donations through credit card transactions, but the convenience is assumed to increase the donations enough to cover those costs.
8. Pledgie.com – This site is more focused on helping you get the word out than simply creating an account and collecting funds. You do not need to be a non-profit to use their services, however, which makes it a good resource for individual crisis relief funds.
9. WePay.com – Setup your own donation account and your own donation webpage using this service. There are no fees for setting up the account and no monthly charges. Fees are taken off donation amounts only and the percentage rate is lower than most other sites.
10. DonationMatch.org – Geared towards startup businesses and charities, this site focuses on the ‘matching donation’ scenario. Nonprofits can also earn referral fees by referring businesses to the site.

A trust fund can be setup at most any local bank for collecting donation funds. The rules for who can set them up and the tax consequences regarding those funds, differ from state to state. Check with an accountant about those rules before you begin the process of establishing a private donation fund.

Taken From My ISP Finder