100% of the funds received by the campaign will be used for the project to which you have contributed. Each campaign has a detailed budget breakdown and a section on “use of funds” in their campaign description pages. The following credit card processing fees apply to all credit card donations and the administrative fee applies to all donations. 2.9% + $0.30 per transaction is assessed by the credit card company at the time of donation.
The crowdfunding platform charges an administrative fee of 5%, which is an industry average. A portion of this is generally returned to the campaign creator as an incentive for reaching or exceeding their goal. The remainder is used to pay costs associated with hosting, administering and promoting the platform and for providing direct assistance to campaign creators.