Bryce Brooks Gofundme (2024)

FAQs

What percentage of money does GoFundMe charge? ›

GoFundMe is a for-profit company. It charges a 2.9% payment-processing fee on each donation, along with 30 cents for every donation. That means if a campaign raised $1,000 through 10 donations of $100 each, GoFundMe would collect about $32.

Fees are deducted automatically from donations; the person receiving funds will receive all funds raised minus these transaction fees. They can review what fees have been deducted under the "Breakdown" portion of the "Transfers" tab within their GoFundMe account.

ATLANTA - To say it's been a heavy week for Shivy and Crystal Brooks is an understatement. The Atlanta couple lost their 16-year-old son just days ago when he dove into the ocean on vacation to save a group of younger children. His name was Bryce Brooks.

Do I know you? People help people in their social circles—friends, family, neighbors, colleagues, community members. That's why it's so vital to share your fundraiser with your own social network—the people most likely to donate to your fundraiser.

According to gofundme, "there's no fee to start or manage" a fundraiser. However, it does charge transaction fees of 2.9% of what is donated, plus 30 cents per transaction.

It charges a 2.9 percent payment-processing fee on each donation, along with 30 cents for every donation. That means if a campaign raised $1,000 through 10 donations of $100 each, GoFundMe would collect about $32. GoFundMe no longer charges a platform fee, so it is free for people to start a campaign.

While GoFundMe can be a helpful tool, raising the full amount you need is not guaranteed. Success depends on how well you can spread the word about your campaign and whether your cause resonates with people. Reaching your fundraising goal requires dedicated time and effort.

When people don't feel a personal connection to your fundraiser, they're less likely to donate. The key to fixing this is by sharing personal stories or testimonials that highlight the impact of your cause.

If the money raised on GoFundMe is for a personal cause, such as medical expenses or home repairs, it is typically considered taxable income. However, if the money is raised for a charitable cause, it may not be subject to taxes.

WWE champion Philip Brooks (aka CM Punk) has been fired after getting into a physical altercation backstage with wrestler Jack Perry at an “All In” pay-per-view show in London last week, All Elite Wrestling announced Saturday.

What happened to Bryce Brook? ›

And then Bryce was pulled under the water. A family friend named Charles “Chuck” Johnson II went in the water to help Bryce but was also pulled under. Both of them drowned. “We're never going to get to see Bryce grow up to be the full man that he was going to be," Bryce's mom, Crystal Brooks, said.

Alfred Brooks (also known as Shivy) is a member of the Atlanta Public Schools school board in Georgia, representing At-Large Seat 7. He assumed office on January 1, 2024. His current term ends on December 31, 2027.

America's Food Fund becomes the largest GoFundMe of all time, raising over $44 million to help people struggling with food insecurity due to COVID-19.

Even if you don't reach your goal, you can withdraw every cent, minus the transaction fees. This is unlike other donation platforms that take an all-or-nothing approach, meaning you can only receive the donations if you reach your target. It's free to sign up and start a campaign on GoFundMe.

GoFundMe charges one transaction fee—that's it. So, what percentage does GoFundMe take for transaction fees? A transaction fee of 2.9% +$0.30 is automatically deducted from each donation, so you never have to worry about paying a bill. Learn more about GoFundMe's fees on our pricing page here.

In place at GoFundMe since 2017, The Tip amount is meant to support the platform itself, covering operational costs and enabling the platform to continue to deliver its services. The platform adds 15% at checkout. Yes, you read that correctly, 15%. It's the default amount they ask of donors to cover site fees.

One important thing to keep in mind is there will be a transaction fee (2.9% + $0.30 per donation in the US) applied to the funds.