Sandy
posted this on October 19, 2011 23:55
Indiegogo offers two options for funding your campaign: Fixed Funding or Flexible Funding. You will select your funding type when you set up your campaign. You can only edit this while your campaign is still in Draft mode. Fixed Funding is great for campaigns that can only continue if they raise a certain amount of money. Flexible Funding is great for campaigns that will benefit from any amount of funding. Each project is different, so choose the funding type that is best for your campaign.
If your campaign is raising funds on behalf of a 501(c)(3) nonprofit institution in the United States (Learn More) or if your campaign is fiscally sponsored by one of our Partner organizations (Learn More), your campaign will be automatically set up with a Flexible Funding structure.
Flexible Funding |
Fixed Funding |
|
| If you reach your goal... | You keep all funds raised, minus fees. You pay a 4% platform fee.* You are required to fulfill perks. |
You keep all funds raised, minus fees. You pay a 4% platform fee.* You are required to fulfill perks. |
| If you don't reach your goal... | You keep all funds raised, minus fees. You pay a 9% platform fee.* You are required to fulfill perks. |
All contributions are refunded. You pay no fees. You are not required to fulfill perks. |
| What payment type can I offer my contributors? | PayPal and/or direct credit card** | PayPal |
| How long can I run my campaign for? | 1-60 days | 1-60 days |
*Campaign owners are also charged third party fees and wire transfer fees, which are independent of whether or not a campaign reaches its goal and are charged only when funds are disbursed to the campaign owner. See "Fees & Pricing" for more information.
**If your campaign is raising funds on behalf of a 501(c)(3) organization, raising funds in non-USD currency, or connected to certain Partner organizations, your campaign may be able to offer only a single payment type to your contributors. See "Payment Types" for more information.