Receiving nonprofit fundraiser payouts
Funds raised on a certified nonprofit fundraiser will be processed through our payment partner, PayPal Giving Fund, or for fundraisers in the US, sent directly to the nonprofit if they have enabled GoFundMe Pay. Review this article to learn more about enrolling in GoFundMe Pay.
The fundraiser organizer will not set up bank transfers or handle the funds raised. Nonprofit fundraisers are available in the US, UK, Ireland, Canada, and Australia.
This article will only be applicable to a representative of the nonprofit, since the fundraiser organizer won't be able to complete the enrollment themselves.
What is PayPal Giving Fund?
PayPal Giving Fund uses PayPal technology to help people support their favorite nonprofits online. PayPal Giving Fund receives donations through GoFundMe and other partner programs and makes grants to donors' recommended nonprofits via nonprofit fundraisers.
PayPal Giving Fund is an IRS-registered 501(c)(3) public charity (Federal Tax ID: 45-0931286), a UK registered charity (No. 1110538), an Irish registered charity (No. 20205692), a charity registered with the Canada Revenue Agency (BN: 812867752RR0001), and a Public Ancillary Fund and a charity registered with the Australian Charities and Not-for-profits Commission (ABN: 65 106 950 945).
Enrolling with PayPal Giving Fund
Review this article to learn more about how to enroll with PayPal Giving Fund, and how to contact them.
Enrolled and unenrolled nonprofits will receive a payout at the end of each month. Enrolled nonprofits will receive funds to their PayPal Giving Fund account. Unenrolled nonprofits will receive the funds via check sent to the address on file with public records.
Money donated through the 15th of the month is sent that same month. Any donations received after the 15th will be paid out the following month. After the funds are in the nonprofit's PayPal account, they’ll be able to use the funds in PayPal, transfer the money to a bank account, or have a check mailed to them.
Receiving donations from Donor-Advised Funds
If your nonprofit has received a donation from a Donor-Advised Fund, these donations will be processed separately via our payment partner, Chariot. Your nonprofit would receive an email notifying them that a donation is available and to create an account with Chariot to receive the funds.
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