Federal law requires that we verify your SSN before you can withdraw your funds. This helps to verify your identity and legal ability to receive funds in the US.
This is a federal regulation that all online payment processors must follow to comply with anti-terrorism and money-laundering laws.
Concerned about taxes? We will not report these donations as income to the IRS. You should work with a tax professional to ensure those donations are properly recorded. Read more here.
Even if you are making a withdrawal on behalf of an organisation, our payment partner will need to collect both an EIN (for tax purposes) and a SSN for verification purposes.
You can rest assured knowing that your information is completely encrypted. GoFundMe and our US payment partner use the same secure and encrypted payments technology as your bank to ensure your information is processed safely.