Fundraising on Facebook (update for fall 2023)
Beginning October 31, 2023, Meta is partnering with PayPal Giving Fund (PPGF) to support donations benefiting nonprofits in the United States, United Kingdom, Australia, and Canada. Facebook also no longer covers processing fees but allows donors to cover the cost.
For years, Meta, the parent company of Facebook, has facilitated the processing of charitable donations through the Facebook platform. This included covering all payment processing fees for non-profit organizations. However, starting November 2023, Meta will transfer this process entirely to the PayPal Giving Fund (PPGF). With this change, Meta will no longer cover payment processing fees for charities through Facebook and Instagram. Instead, PayPal Giving Fund will:
Charge verified non-profits 1.99% and $0.49 in payment processing fees.
Give donors the option to cover the payment fees.
PPGF payout timelines
Funds distributed by PPGF will be paid out according to PPGF’s timelines. For PPGF-enrolled nonprofits, PPGF will distribute funds within 15-45 days. For PPGF-unenrolled nonprofits, PPGF will distribute funds with a check within 90 days. Nonprofits can learn more about how to enroll with PPGF here.
Sources
Meta’s partnership with PayPal Giving Fund | Facebook Help Center. (2018). Facebook.com. https://www.facebook.com/help/250021554475530
Bean, A. (2023). How To Create A Successful Facebook Fundraiser | Givebutter. Givebutter. https://givebutter.com/blog/facebook-fundraiser
After a project is done with its 'Model A' fiscal sponsorship relationship, they need to become self-sufficient in managing their nonprofit program and resources. To help with this, Social Impact Commons has provided a basic checklist that outlines the steps necessary to launch the project as an independent organization.