Go Get Funding Provides 'Keep-it-all' Fundraising
Online, February 12, 2012 (Newswire.com) - Some fundraising sites enforce an 'all-or-nothing' funding method. This is where you have to meet your fundraising target or else money is returned to backers. This is a useful way to motivate others to donate and it is appropriate when you can't complete your project unless you raise all the required funds. The downside is all of the effort you've spent raising money can go to waste if you miss your funding target.
The all-or-nothing funding method was one that was previously employed by fundraising website Go Get Funding. However, this has now been changed to a 'keep-it-all' funding model.
As the name suggests, with a keep-it-all fundraiser you are paid everything you raise once you hit your target or once the fundraiser reaches its deadline - which out of the two applies depends on your preferences.
Go Get Funding found that the keep-it-all fundraiser was much better suited to their platform as their platform attracted people that wanted to raise money for 'life-projects' such as paying for medical bills or putting money together for a dream honeymoon. In these situations, a keep-it-all funding method is definitely preferred by fundraisers and even backers.
Go Get Funding now have almost 100 active fundraising projects on their site and this continues to grow every day. Their record fundraiser is one individual who raised over $10,000 in just two days to pay for medical bills.
Fundraisers on the site still enjoy the remarkably low platform fees and the great social sharing features enabled on each project. Each project also has a number of different sections to maximize engagement. Projects consist of an 'About', 'Updates', 'Backers', 'Comments' and 'Followers' section which provides transparency and a number of ways to interact.
Do you need to raise money for a plan, project, event or cause? Start your fundraiser on Go Get Funding now!