Let’s compare GiveTaxFree to GoFundMe. There are times when GoFundMe is a better choice, and we want you to make the best choice for your campaign.
|Donor receives tax write off||Yes||No|
|Provider of service can contribute to political parties||No||Yes|
|Use for Medical expenses, food, automobile, shelter, necessary bills and emergencies||Yes||Yes|
|Published salaries of executives||Yes||No|
|Owned by big business||No||Yes|
|Recipient pays taxes on money received||No||No|
* It is always important to check with your CPA regarding tax issues but donations given to 501(c)(3) organizations are almost always tax deductible for the person making the donation.
* GOFUNDME is a registered trademark of GoFundMe Inc. We are not related to GoFundMe.
We are a Crowd Fundraising site designed for the specific purpose of helping people raise funds. You can raise funds for many different purposes including paying for medical bills, food, housing, rent, home repairs, emergency travel, security, safety, just to name a few. The funds you receive are tax-free, and the person making the donation receives a tax deduction because we have a special non-profit status granted to us by the IRS. We are different from other crowdfunding sites that do not have this status and therefore cannot offer people making a donation a tax deduction.
For individuals looking to use our site you must have a legitimate need that you cannot afford to pay for. A need is defined as something that a person needs to live a healthy life. By way of example, we may approve a campaign for someone to purchase an inexpensive used car so that they can get a job. We will not approve a campaign for someone that can afford to purchase a car or someone that has a job and can get to their job using public transportation. We also do not allow campaigns for pets, however you can have a campaign to train a dog that provides medical assistance to you as long as a doctor has prescribed the dog.
Crowd fundraising has been gaining immense popularity as well as recognition globally for its number of positive impacts and social benefits. When we ask family and friends for help, they are likely to share your campaign through Facebook and other social media resources. When others share your campaign with their friends and family, you reach people you do not personally know and raise money you could not have raised on your own.
In the process of crowd fundraising, the needed funds are collected from a crowd of people to help (in the form of donation) an amount of money for a specific purpose. Thus, the donor collects funds to reach their desired goals, and the donors receive a tax deduction. Because of our special non-profit status, GiveTaxFree.Org is probably the best fundraising websites because both the recipient and the donor receive a benefit.
We are the only non-profit Crowdfunding site designated by the IRS to provide tax write offs to people that make donations. When you help someone in need, your taxes are lower.
While we are at it, let’s go over a few other important points:
We are here to help you.