Beneficiary Fundraiser, are created as an original project on funsidy. User can create fundraiser on behalf of someone else or an organization.
When creating a beneficiary fundraiser, you will need to provide the legal name and email address of the potential beneficiary.
You can also submit any documentation or agreements made between your and your beneficiary.
You will then have to set a percentage before you launch your project, This percentage can not be changed after the project has been launch. if for any reason you need to change the percentage during the project you would have to end current project and start a new one.
Payments are split between you and the beneficiary according to the set percentage.
The project creator and beneficiary will be required to verify their payment accounts with our payment partners to start receiving their funds.
If for any reason any of the payment accounts are not verified on time with our payment partner, the project will be put on hold till payment accounts are verified.
Anyone can fund-raise for existing projects on Funsidy, but clicking the fundraise button and duplicating current project. Fundraiser percentage set by the original project creator is displayed after you click on the fundraise button. Current project duplicate will have it own unique link or you can set a new link.
You can not set a new fundraiser percentage. You can not create rewards associated to current fundraiser. All donations made to your fundraiser is split according to the set percentage. You must register your email to receive payments from your fundraiser. You are responsible for all taxes due to State and Federal Authorities.