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College Students Increasingly Turn to ProFund to Pay for Tuition

It’s helpful to know how a donation ends up getting to a beneficiary (the person or group a campaign is intended to benefit). Funds are collected by our payment processors, held, and then released only to the person named as the beneficiary. If a campaign organizer has a direct, personal connection to the beneficiary, then in some instances the campaign organizer may withdraw the funds to provide directly to the beneficiary. If any questions arise, our team will hold the funds unless the beneficiary is verified to our satisfaction. This layer of protection ensures that funds go only into the right hands.

One of the main points we discussed is the fact that GoFundMe has the ability to transfer funds directly to those in need. When a campaign is created to help another person or family, the funds are collected, held, and then transferred directly to the beneficiary of the GoFundMe rather than to the campaign organizer. That’s just one of the many ways we secure the platform and make sure the money quickly gets to the right party.

Our team will provide around-the-clock support. We are hoping for the best, planning for the worst, and we will stay in close touch with all organizers and beneficiaries to ensure the resources get to people in need as soon as possible.

Below you will find additional information on the GoFundMe Guarantee and all of our measures to secure the platform.

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