All funds raised on a charity fundraiser will be processed through our payment partner, PayPal Giving Fund, who will deliver the funds directly to the charity. The fundraiser organizer will not set up bank transfers or handle the funds raised. Charity fundraisers are available in the US, UK, Ireland, Canada, and Australia.
This article will only be applicable to a representative of the charity, since the fundraiser organizer won’t be able to complete the enrollment themselves.
What is PayPal Giving Fund?
PayPal Giving Fund uses PayPal technology to help people support their favorite charities online. PayPal Giving Fund receives donations through HopeFundMe and other partner programs and makes grants to donors’ recommended charities via charity fundraisers.
PayPal Giving Fund is an IRS-registered 501(c)(3) public charity (Federal Tax ID: 45-0931286), a UK registered charity (No. 1110538), an Irish registered charity (No. 20205692), a charity registered with the Canada Revenue Agency (BN: 812867752RR0001), and a Public Ancillary Fund and a charity registered with the Australian Charities and Not-for-profits Commission (ABN: 65 106 950 945).
Enrolling with PayPal Giving Fund
Enrolled charities will receive funds in their PayPal account at the end of each month. Money donated through the 15th of the month is sent that same month. Any donations received after the 15th will be paid out the following month. After the funds are in the charity’s PayPal account, they’ll be able to use the funds in PayPal, transfer the money to a bank account, or have a check mailed to them.
To receive a payout the same month of enrollment, you’ll need to complete enrollment by the 10th of the month. Otherwise, the funds will be paid out the following month.
If the charity doesn’t enroll in PayPal Giving Fund, the funds will be sent to the charity, via check, after a verification process. This takes 3-5 months after your first donation date on HopeFundMe, and a check will be sent to the address you have on file with public records.
Receiving donations from Donor Advised Funds
If your charity has received a donation from a Donor Advised Fund, these donations will be processed separately via our payment partner, Chariot. Your charity would receive an email notifying them that a donation is available and to create an account to receive the funds.