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How to transfer funds to a business or organization account

This article is for those who intend to transfer the funds directly to a business/organization bank account. If you intend to transfer the funds to a personal bank account, please check out this article for more information.

To send funds to a business/organization account, you’ll set up a personal GoFundMe fundraiser and then set up bank transfers using the organization's bank account. Keep in mind, the same bank transfer information will apply to any additional fundraisers connected to this GoFundMe account.

The person who sets up bank transfers for an organization must be a decision-maker for the business/organization.

This would be someone who is authorized to handle funds on behalf of the organization, such as an

  • Owner
  • President
  • Treasurer
  • Executive Director
  • Authorized signer

They will need to enter their personal details, including the last 4 digits of their SSN. 

How to set up transfers

1. Select who’s receiving the donations

  •  If you are a decision-maker for the business/organization, select the "Transfers" tab, and "A Business bank account"
  • If you are not a decision-maker but you’re in contact with someone who is, select the "Transfers" tab and “Someone else's bank account” to add them as the beneficiary. Then an email invitation will be sent to that person so they can complete the bank transfer process. Please make sure they meet the requirements for bank transfers, and learn more about the beneficiary process here. Your part of the transfer setup will be done at that point. 
  • If you do not know a decision-maker, select “Your bank account” from the "Transfers" tab. You will need to connect your personal bank account, then transfer funds to the organization outside of GoFundMe.

2. Link a bank account

Select “Get started”, then “Continue to Adyen”  or "Continue to Stripe" and you’ll be directed to our payment partner’s website.

3. Add your organization, Decision-Maker, and bank details

If you’re having trouble with any of these sections, please review our troubleshooting tips. If you’re sending funds to a club, trust account, or other unincorporated organization, please read this article for additional information.

4. Upload documents for verification

Occasionally, our payment processor will need extra information to verify your transfers. When this happens you'll receive an email titled "Important Message from GoFundMe", and transfers will be paused until the necessary documents are uploaded and verified. 

You can submit the requested information via this form.

Documents may include:

  • Government-issued ID for decision-maker(s)
  • Copy of the organization’s governmental registration, showing:
    • US - EIN or SSN for a sole proprietorship
    • UK/IE - Company number or roll number for a school
    • AU - Australian business number (AU)
    • IT - Codice fiscale
    • FR - SIRET number
    • ES - Número de Identificación Fiscal
    • DE - Handelsregisternummer
    • NL - Kamer van Koophandel (KvK)
    • Articles of incorporation, articles of association, certificate of incorporation; must show the organization’s registration number:
    • IRS 501(c) (3) determination letter (only applicable to US non-profit organizations) 
  • Bank statement for the organization, showing:
    • Bank logo or bank letterhead (must be issued by the bank)
    • Organization's name as the account holder
    • Bank account number entered in your GoFundMe account
    • Date shows it is less than 30 days old

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