Are you planning to withdraw funds from your fundraiser to a bank account owned by a business or organization?
We want to make that simple for you, and have outlined the most important details you'll want to consider in the video and article below:
The person withdrawing to the organization's bank account must be a beneficial owner. A beneficial owner is someone with significant responsibility to control, manage, or direct the organization (e.g., a Chief Executive Officer, Vice President, Treasurer, or a controller) and they will have access to the organization’s bank account. The individual withdrawing the funds will not be liable for taxes.
Important: These directions will not apply to you if you created a certified charity fundraiser. Learn more about the two fundraiser types here.
This article covers the following topics:
- Configuración de la retirada de fondos del propietario beneficiario
- Sending a beneficiary invitation to a beneficial owner
- Verificación de la organización
Configuración de la retirada de fondos del propietario beneficiario
- Select “Withdraw” from your fundraiser Dashboard
- Selecciona “Para mí mismo”
- If you do not see the “Myself” option, you may have a charity fundraiser or a Stripe account. Follow those links for directions on how to withdraw from those fundraiser types.
- Choose the type of organization you are raising funds for
- If you do not see that option, simply fill out your name and personal information when verifying your identity and your organization’s banking information when prompted to add banking information
- Fill out the organization information, your personal identity information, and your organization’s banking information
Sending a beneficiary invitation to a beneficial owner
Si no eres el beneficiario propietario, pero estás en contacto con la persona de la organización que administra el dinero, selecciona "Retirar fondos" y elige "Otra persona" para invitarle a que sea beneficiaria.
If you’re not affiliated with the organization, you will need to withdraw to your personal bank account by clicking “Myself and Personal” and send the funds to the organization outside of GoFundMe. Just be sure to make it clear in your story that you will be the one handling funds.
Verificación de la organización
En ocasiones, nuestro procesador de pagos necesitará información adicional para verificar tu organización después de haber configurado tu información bancaria. En ese caso, se suspenderán las retiradas de fondos hasta el momento en que le envíes los documentos que se hayan solicitado vía email.
Algunos de los documentos que podrán requerirse son:
- Un documento identificativo emitido por un organismo público del propietario beneficiario o cualquiera que posea una participación mínima del 25 % de la organización
- A copy of the organization’s governmental registration; such as articles of incorporation, articles of association, certificate of incorporation, or applicable
- The organization’s tax ID number
- IRS 501(c) (3) determination letter (only applicable to US non-profit organizations)
- A bank statement for the organization
If you are sending funds to a business or organization's bank account, and have been asked to upload bank account documentation, our team will need to work with you directly to verify withdrawals. Please submit the requested information via this form as soon as possible to get started here.