Launched in May 2010 and based in San Diego, CA, GoFundMe has quickly become the #1 crowdfunding website in the world for personal causes and life-events. Hundreds of thousands of people have raised tens of millions of dollars for the things that matter to them most. GoFundMe users can choose to create a) Personal Donation Campaigns, b) Charity Fundraising Campaigns or c) All-or-Nothing Crowdfunding Campaigns.
The service operates in the U.S., Canada, Australia, The U.K. and in E.U. countries that use the Euro as their currency. Having received no outside capital or investment, GoFundMe answers only to its users! GoFundMe charges a 5% fee on all transactions. Unlike other sites, we do not increase our fee on campaigns that fail to reach their goal.
In 2008 Brad Damphousse wanted to save up for a vacation. Frustrated that savings accounts were so difficult to open online, he decided that a web-based 'social' savings account - one that allowed others to make deposits - would be more fun. That idea sparked the journey that would eventually result in one of the world's most successful crowdfunding platforms.
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