Where do Facebook charity donations go?

If the nonprofit is registered through Facebook Payments, it will receive donations in lump sums every two weeks directly to its bank account. The nonprofit should receive your gift about a month after you make the donation.

Where does Facebook fundraiser money go?

The donations go directly to Payments and then are routed to your nonprofit, two weeks after the initial minimum fundraising threshold is reached ($100). These bi-weekly payments continue for as long as funds are raised, and the donations are directly deposited into your nonprofit’s merchant account.

Does Facebook keep money from fundraisers?

Facebook doesn’t deduct any fees from nonprofit fundraisers held through the platform— so for nonprofits, Facebook fundraiser fees are effectively zero percent. Yes, you read that correctly! This doesn’t mean that the fees don’t exist— but rather, that Facebook will pay them on your behalf.

What does Facebook do with donations?

Facebook also tries to make additional money from nonprofits off of the handling of payments and through having your donors store their credit cards on Facebook. Once a user’s card is stored on Facebook, it removes friction for future sales through their platform where they monetize through Facebook payments platform.

Where do I find my Facebook donations?

If your organization has enrolled with Facebook’s fundraising platform, you can get reports of all of the donations made to your organization on Facebook. To see GivingTuesday donations, export your Transaction Reports. There is a 48-hour delay between the time a transaction occurs and the time it appears in a report.

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What happens when Facebook fundraiser ends?

If you ended a Facebook fundraiser and then started a new one, your new Facebook fundraiser total will not reflect any donations collected through your old Facebook fundraiser. Rest assured, those donations are still safely in your fundraising account. Your Participant Center will reflect the correct total amount.

Is it safe to donate money through Facebook?

Is donating via Facebook safe from a cybersecurity standpoint? Probably, yes. And no less so than paying for goods from online retailers like Amazon or using charity platforms like Just Giving. Even so, it makes sense to reduce the risk involved whenever you hand over your payment details.