Does WhyDonate operate in my country?
WhyDonate enables fundraisers to be initiated from 117 countries across the globe. In order to register and receive donations, users need to provide an ID and a valid bank account number. Headquartered in Amsterdam, the Netherlands, WhyDonate is accessible to both individuals and organizations. Furthermore, donations can be made from any location across the globe. Here is the comprehensive list of all the countries from where users can start fundraisers.PopularWhat does it cost to use WhyDonate?
WhyDonate is free and charges 0% platform fees, no sign-up fees, and no monthly costs. Therefore, it is 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:PopularWhen will the donations be paid out?
It takes 7 days before the donations get cleared for payout. Within your WhyDonate account, you can choose whether donations are paid out weekly, monthly or directly by clicking the 'payout now' button in your balance. The payouts are done by our payment service provider, Stripe. Depending on your bank, it may take up to 2 business days longer for the money to arrive.PopularDo I have to pay taxes on the donations received?
In most cases, receiving donations is tax-free, but there are cases where 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 your country's tax authorities for more clarity. According to Dutch Tax Rules - If you receive multiple donations in one year, you do not have to add them together if they come from different people.PopularHow do I register?
On WhyDonate, it is easy to register a cause and receive donations. It does not matter whether it is a private or organizational goal. You start by registering your cause on WhyDonate. After completing all the steps, your fundraising page will appear directly on WhyDonate, and you can receive donations. Click on the link below to add your goal.Some readersBank Account & Identity Verification At Stripe
Why do I need to register with Stripe? Stripe processes incoming payments (donations) and pays them out to you. To receive the donations, you need to verify some data. You do this from your WhyDonate account. Stripe is supervised and licensed to offer payment services. From legislation, it has an obligation to register and verify the recipients of funds. Without successful verification, Stripe may not make disbursements. What is required for this verification? To verify your accountSome readersWhat kind of fundraisers are allowed?
Individuals and organizations can register on WhyDonate. Registration with an ANBI, a CBF seal of approval, or a Chamber of Commerce is not mandatory. The WhyDonate platform shows which person or organization is organizing the fundraiser for each cause. WhyDonate supports fundraisers that have a social character and do not violate the law or general norms and values. On WhyDonate's website, offensive or sexually-oriented content, obscene content, illegal or legally unauthorized content, copyrigSome readersWhat currency does WhyDonate accept? Can I edit the currency in my fundraiser?
On WhyDonate, donations can be made in any currency. Additionally, donors can choose from 27 standard currencies during the donation process. Fundraising campaigns can also be created in 27 different currencies. Once a fundraising campaign is created, the currency cannot be changed. However, it is possible to create multiple fundraising campaigns with different currencies. The following are the 27 supported currencies:Few readersWhat is the minimum amount that can be paid out?
Stripe (Payment Processor of WhyDonate) has specific guidelines in place when it comes to minimum payout of funds. Below, you'll find a comprehensive list of these regulations.Few readersWhat are the High-Risk Countries WhyDonate doesn't allow starting a fundraiser from?
For security and regulatory reasons, fundraisers collecting donations for the following regions will not be accepted: Cuba North Korea Syria Iran Russia Crimea (Ukraine) Donetsk (Ukraine) Luhansk Regions (Ukraine) These measures are in place to ensure compliance with international regulations and to maintain the safety and trust of our global community. We appreciate your understanding and encourage you to explore our guidelines on what kinds of fundraisers are allowed. LearFew readers