Have you ever wondered how to close a successful GoFundMe campaign after achieving your fundraising goal? It can be a daunting task, especially if it’s your first time doing it. But don’t worry, in this article, we will guide you through the process of closing your GoFundMe campaign, so you can focus on delivering your promises and making a positive impact on those that supported you.
Closing a GoFundMe campaign can be a bit overwhelming, but it’s a crucial step in showing appreciation to your supporters and ensuring transparency. In this guide, we will share some tips on how to wrap up your campaign, thank your donors, and provide updates on how their contributions have made a difference. So, let’s get started!
- Log in to your GoFundMe account
- Click on the campaign you want to close
- Click the “Edit” tab
- Scroll down to the bottom of the page and click “Deactivate Campaign”
- Confirm that you want to close the campaign
Note: Once a campaign is closed, you will not be able to reopen it. It is recommended to download a copy of your donor list before closing the campaign.
How to Close a GoFundMe Campaign?
Are you wondering how to close your GoFundMe campaign? Whether you have reached your fundraising goal or you have decided to end your campaign for other reasons, closing your campaign properly is important. In this article, we will guide you through the steps to close your GoFundMe campaign and answer some of the most commonly asked questions.
Step 1: Thank Your Supporters
The first step in closing your GoFundMe campaign is to thank your supporters. You can do this by writing a thank-you message on your campaign page, sending a message to each donor individually, or posting a message on your social media accounts. Let your supporters know how much you appreciate their help and how their donations have made a difference.
You can also use this opportunity to update your supporters on the progress of your campaign and share any success stories or achievements that you have made along the way.
Step 2: Stop Donations
Once you have thanked your supporters, the next step is to stop accepting donations. Go to your campaign dashboard and click on the “Edit” button next to the “Donations” section. From there, you can turn off donations by selecting “Not Accepting Donations” and clicking “Save.”
It is important to note that once you turn off donations, you will not be able to turn them back on. If you want to continue accepting donations, you will need to create a new campaign.
Step 3: Withdraw Your Funds
After you have stopped accepting donations, the next step is to withdraw your funds. Go to your campaign dashboard and click on the “Withdraw” button. You can choose to withdraw your funds via bank transfer or check.
It is important to note that GoFundMe charges a transaction fee of 2.9% plus $0.30 per donation. This fee is deducted from each donation before it is deposited into your account. Additionally, if you withdraw funds to a bank account that is not in your name or to a foreign bank account, additional fees may apply.
Step 4: Close Your Campaign
Once you have withdrawn your funds, the final step is to close your campaign. Go to your campaign dashboard and click on the “Edit” button next to the “Campaign” section. From there, you can select “Close Campaign” and click “Save.”
Closing your campaign will remove it from the GoFundMe website and make it inaccessible to the public. However, you will still be able to access your campaign dashboard and view your donor list.
Benefits of Closing Your Campaign
There are several benefits to closing your GoFundMe campaign. First, it lets your supporters know that your fundraising efforts have been successful and that you no longer need their help. Second, it allows you to withdraw your funds and use them for the intended purpose. Finally, it helps you maintain transparency and accountability by providing your supporters with closure and a final update on your campaign.
GoFundMe vs. Other Fundraising Platforms
GoFundMe is one of the most popular fundraising platforms available, but it is not the only one. Other platforms, such as Kickstarter and Indiegogo, offer similar services but with different features and fees.
One of the main differences between GoFundMe and other platforms is that GoFundMe allows for personal fundraising campaigns, while Kickstarter and Indiegogo focus on creative projects and startups. Additionally, GoFundMe charges a lower transaction fee than Kickstarter and Indiegogo, making it a more cost-effective option for some fundraisers.
Conclusion
Closing your GoFundMe campaign is an important step in the fundraising process. By following the steps outlined above, you can properly close your campaign, thank your supporters, withdraw your funds, and maintain transparency and accountability. Remember to keep your supporters updated throughout the process and to show them how their donations have made a difference.
Frequently Asked Questions
Here are some commonly asked questions about closing a GoFundMe campaign:
1. Can I close my GoFundMe campaign early?
Yes, you can close your GoFundMe campaign early if you have reached your fundraising goal or if you no longer need the funds for the intended purpose. To close your campaign, log in to your GoFundMe account and click on the “Edit” button next to your campaign. Then, select “Stop Donations” and confirm that you want to close your campaign.
Keep in mind that once you close your campaign, you will no longer be able to accept new donations. However, you will still have access to the funds that have already been raised.
2. When should I close my GoFundMe campaign?
You should close your GoFundMe campaign once you have reached your fundraising goal or if you no longer need the funds for the intended purpose. It’s important to communicate with your donors and let them know when you plan to close your campaign so they can make their donations in a timely manner.
If you are not sure when to close your campaign, you can set a deadline for donations and let your donors know when that deadline is. This will help create a sense of urgency and encourage people to donate before the deadline.
3. What happens to the funds once I close my GoFundMe campaign?
Once you close your GoFundMe campaign, you will still have access to the funds that have already been raised. You can withdraw the funds to your bank account or request a check. It’s important to note that GoFundMe deducts a 2.9% + $0.30 fee from each donation, so you will receive slightly less than the total amount raised.
If you are raising funds for a specific cause or project, it’s important to use the funds for that purpose and not for personal expenses. You should also keep your donors updated on how the funds are being used and provide receipts or other documentation if necessary.
4. How do I thank my donors after I close my GoFundMe campaign?
It’s important to thank your donors for their generosity and support. You can do this by sending a personalized message or email to each donor, or by posting a public message on your GoFundMe campaign page. You should also update your donors on how the funds are being used and provide any relevant updates or news.
Remember to be sincere and grateful in your messages, and to acknowledge the contributions of each donor. This will help build trust and goodwill with your donors, and may encourage them to support your future fundraising efforts.
5. Can I reopen my GoFundMe campaign after I close it?
Yes, you can reopen your GoFundMe campaign after you close it if you need to raise additional funds or if you want to continue accepting donations. To reopen your campaign, log in to your GoFundMe account and click on the “Edit” button next to your campaign. Then, select “Resume Donations” and confirm that you want to reopen your campaign.
Keep in mind that once you reopen your campaign, you will need to continue promoting it and soliciting donations. You should also update your donors on why you are reopening the campaign and how the additional funds will be used.
How to Delete GoFundMe Fundraising Campaign
In conclusion, closing a GoFundMe campaign can be a bittersweet experience. On one hand, you’ve successfully raised the funds you needed to support your cause. On the other hand, it can be difficult to say goodbye to the platform that helped you achieve your goals.
One important step in closing your GoFundMe campaign is expressing your gratitude to your donors. Taking the time to thank each and every person who contributed to your campaign shows that you value their support and that their donations made a difference. You can do this by sending personalized messages, creating a social media post, or even hosting a thank-you event.
Another crucial step in closing your GoFundMe campaign is making sure that all funds are distributed properly. Whether you’re using the funds to support a specific project or distributing them to a charity, it’s important to ensure that the money is being used in the way that your donors intended. This can help you maintain the trust of your supporters and demonstrate your commitment to transparency.
Finally, consider using your campaign’s closure as an opportunity to share your story and inspire others. By sharing your successes, challenges, and lessons learned, you can help others who are facing similar struggles. Whether you choose to write a blog post, create a video, or simply share your experiences on social media, your story has the power to make a difference in the lives of others.
In conclusion, closing a GoFundMe campaign is more than just ending a fundraising effort. It’s a chance to express your gratitude, ensure that funds are distributed properly, and inspire others with your story. By following these steps, you can close your campaign with confidence and feel proud of the impact that you’ve made.
