Question: Which Is Better Just Giving Or Virgin Money Giving?

How much money does just giving keep?

We charge a 5% fee for our Gift Aid service and this is taken from the amount of Gift Aid claimed on a donation.

Charities are able to opt out of this service by contacting us.

Across JustGiving, our payment processing fee is 1.9% + £0.20..

What happens to just giving money?

We make payments via BACs transfer, so they can take 2-3 working days to reach you once paid. Fees: JustGiving take 2.9% + 25p, which applies to all donations made to your page. These costs cover standard card processing fees and also the costs of ensuring the funds reach you safely.

Is Virgin Money Giving safe?

Here at Virgin Money Giving we take cyber security very seriously and being part of Virgin Money means our security and systems all meet approved banking standards, and so your data is safe with us.

Does Richard Branson make money from Virgin Money Giving?

Last week Richard Branson published a blog explaining how the platform works and where the idea came from. “Virgin Money Giving doesn’t make a profit on any donations – and it never will,” he said. … All hard-earned donations go directly to where they are needed most: to the cause.

Who owns just giving?

Giving Ltd.JustGiving/Parent organizations

Which is better GoFundMe or just giving?

With GoFundMe, you can withdraw the funds you raise immediately—and deposits to your bank account take between 2-5 business days. … Additionally, JustGiving charges a 5% platform fee, compared with GoFundMe’s 0% platform fee.

What is the most money raised on JustGiving?

Captain Tom Moore has now completed his 100th lap of his back garden, raising over £12 million for NHS Charities Together. It is the largest total raised on JustGiving to date, and also breaks the record for the fastest growing campaign on the platform.

Does just giving money go straight to the charity?

After donating / How are donations transferred to the charity? If your charity is based in the UK we automatically transfer donations to the chosen charity on a weekly basis (or, if the total donated to that particular charity on JustGiving is under £50, we wait until the end of the month).

How does Virgin Money Giving work?

Virgin Money Giving will ensure all of your sponsors’ money is forwarded directly to your chosen charity’s bank account. Virgin Money Giving also claim the Gift Aid on behalf of your chosen charity and forward that separately direct to your chosen charity, usually within a month of your sponsor making their donation.

How safe is just giving?

You can be assured that donating through JustGiving is both easy and safe. Here’s why: The way we store card details is completely secure. We comply with Payment Card Industry standards.

Is Virgin Money Giving secure?

A spokesperson for Virgin Money Giving, said: “We have access to the support, infrastructure and financial services expertise of the Virgin Money group to ensure that our service is both reliable and secure.

How much money does just giving take?

This voluntary contribution is reinvested in to ensuring our users have a seamless and enjoyable experience using our platform. We then deduct the payment processing fee on each donation of 1.9% + 20p. If the donation is made is a currency other than GBP, the processing fee becomes 2.9% + 20p.

Does just giving make money?

Fees. JustGiving has a 0% platform fee on donations made through the site, donors have the option to add a voluntary contribution on top of their donation instead. … Donations made via PayPal are charged at 1.45%. Donations made in USD using a debit or credit card are charged at 2.90%.

What percentage does Virgin Money Giving take?

Virgin Money Giving doesn’t make a profit from what they do, but they do need to charge a small 2% platform fee and a 2.5% payment processing fee to keep developing their service for us. Covering the fees means 100% of your donation will reach us at the charity, making an even bigger impact.

Do Virgin Money take a cut of donations?

Virgin Money Giving is a not-for-profit company created by Virgin Money to help charities raise more. … So we can keep developing our service and supporting charities, we simply ask for a small one-off payment from charities when they join, then charge a 2% platform fee and a 2.5% payment processing fee on donations.