Menu Close

How much does the CEO of GoFundMe make?

How much does the CEO of GoFundMe make?

GoFundMe Salary FAQs How does the salary as a Chief Executive Officer (CEO) at GoFundMe compare with the base salary range for this job? The average salary for a Chief Executive Officer (CEO) is $182,865 per year in United States, which is 49% lower than the average GoFundMe salary of $365,548 per year for this job.

Who owns GoFundMe?

From 2010 to the beginning of 2020, over $9 billion has been raised on the platform, with contributions from over 120 million donors….GoFundMe.

Type of site Crowdfunding
Owner GoFundMe, Inc.
Created by Brad Damphousse Andrew Ballester
URL www.gofundme.com
Launched May 10, 2010

Who is Rob Solomon?

Rob Solomon is the Chariman at GoFundMe.org . Additionally, Rob Solomon has had 10 past jobs including CEO at GoFundMe .

Do you have to pay taxes on GoFundMe money?

GoFundMe, one of the best known crowdfunding platforms, notes on its site that donations to a personal GoFundMe fundraiser are ‘generally considered to be personal gifts and are not guaranteed to be tax deductible. ‘

How does GoFundMe make money 2021?

GoFundMe makes money by charging users a fee for every donation they receive. These are called platform and transaction fees. The company furthermore generates money from donations that users can make directly towards the platform.

How does GoFundMe make money?

GoFundMe is a crowdfunding platform that simply allows anyone to raise money for social causes. GoFundMe makes money by charging users a fee for every donation they receive. These are called platform and transaction fees.

What percent of GoFundMe is medical?

The JAMA research found that between May 2010 and December 2018, 26.7% of the 1,056,455 fundraisers on the crowdfunding site GoFundMe were for health-related costs. And those health-related campaigns sought a collective total of nearly $10.3 billion and raised about $3.7 billion.

Who was the CEO of Yahoo before GoFundMe?

Tim’s brings a range of consumer and B2B expertise in addition to hands-on volunteer experience. Before GoFundMe, Tim was CEO of OpenX, a pioneer of programmatic advertising technology. At Yahoo Tim led the ad business and, previously, the consumer search business.

Who is the current general manager of GoFundMe?

Juan joined GoFundMe in December 2020 to combine his nearly 20+ years of experience in technology, product, and business leadership with his passion for giving and philanthropy. Prior to GoFundMe, Juan was General Manager of Braintree, a global payments company that experienced significant growth and was acquired by PayPal in 2013.

What did GoFundMe do for charity in 2017?

In October, GoFundMe launched Charity, a new fundraising platform specifically targeting nonprofit organisations. Built on its 2017 acquisition of CrowdRise, Charity let nonprofits continue to build campaigns on GoFundMe but also, for the first time, start to create ways of building GoFundMe-powered donations off of GoFundMe’s own site.

What do you need to know about GoFundMe business model?

Although it does allow projects that are meant to fund other projects for musicians, inventors, etc., the business model is set up to allow for donations to personal causes and life events such as medical bills. GoFundMe also has a special section dedicated solely to users who are trying to raise money to cover their tuition costs.

How much does the CEO of GoFundMe make?

How much does the CEO of GoFundMe make?

GoFundMe Salary FAQs How does the salary as a Chief Executive Officer (CEO) at GoFundMe compare with the base salary range for this job? The average salary for a Chief Executive Officer (CEO) is $182,865 per year in United States, which is 49% lower than the average GoFundMe salary of $365,548 per year for this job.

Who is GoFundMe owned by?

From 2010 to the beginning of 2020, over $9 billion has been raised on the platform, with contributions from over 120 million donors….GoFundMe.

Type of site Crowdfunding
Owner GoFundMe, Inc.
Created by Brad Damphousse Andrew Ballester
URL www.gofundme.com
Launched May 10, 2010

Who is Rob Solomon?

Rob Solomon is the Chariman at GoFundMe.org . Additionally, Rob Solomon has had 10 past jobs including CEO at GoFundMe .

What percentage does GoFundMe take from?

GoFundMe doesn’t charge a platform fee so campaign organizers can start and run fundraisers without any cost. Each donation is subject to a transaction fee (that includes debit and credit charges) of 2.9% + $. 30.

How does GoFundMe make money 2021?

GoFundMe makes money by charging users a fee for every donation they receive. These are called platform and transaction fees. The company furthermore generates money from donations that users can make directly towards the platform.

Why does GoFundMe need my Social Security number?

There is a privacy issue with your SSN for Americans to consider. You cannot withdraw money from GoFundMe if you do not provide the platform with your Social Security number. The reason for this involves the responsibilities you have for taxes on the money.

Is GoFundMe only for USA?

You are welcome to raise funds for almost anyone in any country. Click here for a list of our supported countries. Along with that, GoFundMe complies with all U.S. laws, including those set forth by the Office of Foreign Assets Control, US Department of the Treasury (OFAC).

How does GoFundMe make money?

GoFundMe is a crowdfunding platform that simply allows anyone to raise money for social causes. GoFundMe makes money by charging users a fee for every donation they receive. These are called platform and transaction fees.

What is the fee for a GoFundMe page?

Free: there is a 0% platform fee and only an industry-standard payment processing fee of 1.9% + $0.30 per donation. Donors have the option to tip GoFundMe Charity to support our business. If a charity receives a donation of $100, they will net $97.80.