Q: When will the donations be paid out?

Online Payment Platform disburses donations automatically on the first business day of the month. You can also have donations paid out immediately. You will find this option on the balance page after logging into your account. At Stripe you can choose whether donations are paid out weekly, monthly or directly by clicking the 'payout now' button in your balance. Depending on your bank, it may take up to 2 business days longer for the money to arrive. Donations where a payment method with a risk of failure was used, such as Direct Debit or Credit Card, are not released for disbursement until 30 days have passed. PayPal donations are disbursed on the 15th of the following month. After creating a fundraiser, donations can be made immediately. In the meantime, however, users must verify their bank account and identity. After approval, donations are paid out via the above interval. || <a href="https://helpdesk.whydonate.com/en/article/does-whydonate-operate-in-my-country-1cru7w1/">Does WhyDonate work in my country?</a> | Tip: On the 'Balance' page in your account, you can see exactly which amount is still to be paid out.

Question 1

What does it cost to use WhyDonate?

Accepted Answer

WhyDonate is free and charges 0% platform fees, no sign-up fees and no monthly costs. WhyDonate is, therefore, the most affordable donation platform.

WhyDonate's payment provider charges a fee for payment processing. These costs are passed on to the recipient of the donations and are as follows: 1.9% + € 0.25 per donation. These are the average costs for payment processing of all available payment methods.
To continue to offer the WhyDonate platform for free, the donor is asked for a voluntary tip.
If you prefer not to show a tip option to the donor, you can also remove it from the donation form.

Question 2

When will the donations be paid out?

Accepted Answer

Online Payment Platform disburses donations automatically on the first business day of the month. You can also have donations paid out immediately. You will find this option on the balance page after logging into your account. At Stripe you can choose whether donations are paid out weekly, monthly or directly by clicking the 'payout now' button in your balance.

Depending on your bank, it may take up to 2 business days longer for the money to arrive.

Donations where a payment method with a risk of failure was used, such as Direct Debit or Credit Card, are not released for disbursement until 30 days have passed. PayPal donations are disbursed on the 15th of the following month.

After creating a fundraiser, donations can be made immediately. In the meantime, however, users must verify their bank account and identity. After approval, donations are paid out via the above interval.

|| Does WhyDonate work in my country?

| Tip: On the 'Balance' page in your account, you can see exactly which amount is still to be paid out.

Question 3

Enable/disable connected (team) fundraisers

Accepted Answer

Turning connected (team) fundraising on and off

In addition to a standard fundraiser, you can also create an umbrella team or event fundraiser. This means that others can link their own fundraiser to the team or event fundraiser. The donations from the linked fundraisers are all added together to the team or event fundraiser. You can turn this feature on or off on any fundraising page.

** Turning connected fundraisers on and off **

Go to the fundraiser of which you want to change the setting (make sure you are logged in to your account)
Click on the pencil icon next to the title and description
Activate or deactivate the 'Allow connected fundraisers'

Question 4

Do I have to pay taxes on the donations received?

Accepted Answer

In most cases, receiving donations is tax-free, but there are cases you have to pay taxes on the donations received. The amount and the relationship with the donor are matters that determine whether you should pay tax on your donation or not. Every country has different tax laws. So contact the tax authorities of your country to have more clarity. According to Dutch Tax Rules - If you receive multiple donations in 1 year, then you do not have to add these donations together if you receive them from different people.

There are 2 exceptions to this rule. Add the donations together if:

The donors or the recipients are partners
The donors are your parents, even if they are divorced

Find out if the donors or recipients are partners? Then go to the Partners page.

| Tip: Do you have doubt whether you should pay tax on the donations received? Then contact the tax authorities.

Question 5

Does WhyDonate operate in my country?

Accepted Answer

With WhyDonate, you accept donations from all over the world, with a wide range of national and international payment methods. Donations are always paid out in Euros.

SEPA IBAN Bank account

To receive donations, you need to have a Euro IBAN (bank account). This IBAN must be registered in one of the SEPA (Single Euro Payments Area) countries. The SEPA countries are: Åland Islands, Austria, Azores, Belgium, Bulgaria, Canary Islands, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, French Guiana, Germany, Gibraltar, Greece, Guadeloupe, Guernsey, Hungary, Iceland, Ireland, Isle of Man, Italy, Jersey, Latvia, Liechtenstein, Lithuania, Luxembourg, Madeira, Malta, Martinique, Mayotte, Monaco, Netherlands, Norway, Poland, Portugal, Reunion, Romania, Saint Barthélemy, Saint Martin (French part), Saint Pierre and Miquelon, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom.

Valid ID from EEA (European Economic Area), UK or Switzerland

To receive donations, you must have a valid EEA (European Economic Area) ID (passport, identity card). EEA countries are: Belgium, Bulgaria, Cyprus, Denmark, Germany, Estonia, Finland, France, Greece, Hungary, Ireland, Iceland, Italy, Croatia, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Spain, Czech Republic, Sweden, Switzerland and United Kingdom.

Raising Money for Risk Countries

If you raise money for

Question 6

What happens if I don't collect my donation target amount?

Accepted Answer

We will always pay you all the donations you have received, even if you don’t reach your target amount. We, of course, hope and help you to reach your goal!

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