GoFundMe Launches ‘Giving Funds’ to Make Charitable Giving Easier for Everyone

SAN DIEGO--(BUSINESS WIRE)--Jun 30, 2025--

GoFundMe, the global leader in online fundraising, today announced the launch of Giving Funds, a new product designed to make charitable giving simpler, more accessible, and more impactful. Built on the company’s trusted platform and community of 200 million, Giving Funds bring the power of donor-advised funds (DAFs) to a broader audience, helping people at all giving levels participate in philanthropy and support causes they believe in. Giving Funds provide users with a centralized place to plan, invest and grow their funds, track progress, and manage all aspects of charitable giving, on one simple annual tax receipt. GoFundMe is launching this new charitable tool in partnership with GoFundMe Giving Fund, an independent 501(c)(3) public charity and DAF sponsor.

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Traditional DAFs hold more than $250 billion donated for charitable purposes, yet each year, the vast majority of those funds go undistributed. With Giving Funds, GoFundMe is transforming DAFs into an everyday giving tool designed to get more funds to nonprofit organizations so they can have a greater and more immediate impact. There are no management fees, no minimum balances, and with 1.4 million charities available in one easy-to-use platform, users are empowered to decide how and where they want to give. Anyone in the United States can open a Giving Fund for free and start supporting the causes that matter most to them with donations as low as $5, all within the trusted GoFundMe platform. GoFundMe has become a go-to destination for charitable giving over the past 15 years, with more than 65,000 nonprofits receiving a donation on GoFundMe last year alone.

"We built Giving Funds to give everyone a simple way to manage their charitable giving in one place – without the fees or barriers that once kept donor-advised funds out of reach for most people,” said Tim Cadogan, CEO of GoFundMe. “Charitable giving has hovered around 2% of U.S. GDP for decades. We believe that with the right tools, we can help increase that. Giving Funds expand GoFundMe into a full-service destination for generosity – empowering everyone to discover causes, support individuals and nonprofits, and find new ways to connect and give, all through a platform they know and trust.”

Giving Funds function like a personal charitable wallet without the financial or administrative barriers that historically limit access to donor-advised funds – which are currently used by fewer than 1% of Americans. Users can contribute to their Giving Fund on their own terms, grant them immediately to charity, or invest them with tax-free growth and donate when there is a moment or cause that prompts them to give. With smart discovery tools, curated recommendations, and suggested sharing features, Giving Funds do more than just collect donations, they help users find and support nonprofits that inspire them. Users will be able to easily discover local charities in their own communities and, in times of crisis, Giving Funds will surface trusted organizations providing urgent relief, making it easy to respond when it matters most.

The launch marks a significant step forward in GoFundMe’s commitment to growing the charitable economy and transforming the future of giving. Over the past year, the company has introduced tools like Profiles, Live Fundraising, and a suite of AI-powered tools, which have now been used nearly 40 million times. In May, the company announced it has surpassed $40 billion raised globally and unveiled GoFundMe Pro, reflecting its increasing investment in the nonprofit space. Last week, GoFundMe was named to TIME’s list of the 100 Most Influential Companies of 2025 for its work to generate more charitable giving and help people show up for each other in moments of crisis. Building on this momentum, GoFundMe hopes to expand participation in philanthropy by expanding access to donor-advised funds, unlocking billions in potential support for nonprofits and communities that need it most. This week marks the initial launch of Giving Funds, with additional features launching in the months ahead.

About GoFundMe

GoFundMe is a community-powered fundraising platform dedicated to helping people help each other. GoFundMe combines storytelling and fundraising to make it easy for people and nonprofits to share their stories, connect with supporters, and reach their fundraising goals. GoFundMe empowers individuals and organizations to make a meaningful difference for the causes and communities that matter most to them. GoFundMe has enabled more than $40 billion of help for communities across the globe.

About GoFundMe Giving Fund

A registered 501(c)(3) public charity, GoFundMe Giving Fund is committed to responsible giving and expanding access to tax-efficient charitable tools. As the sponsor of a Donor-Advised Fund Program, the organization provides individuals with a flexible way to set aside money for charitable giving, while ensuring nonprofits receive funds efficiently and with donor transparency. GoFundMe Giving Fund is a separate and independent entity from GoFundMe, Inc. and the GoFundMe fundraising platform. GoFundMe, Inc. supports GoFundMe Giving Fund by providing administrative, technical, and operational services.

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LONDON (AP) — Britain's Conservative Party, which governed the country from 2010 until it suffered its worst-ever electoral defeat two years ago, was plunged into fresh turmoil Thursday after its leader sacked the man widely seen as her greatest rival for apparently plotting to defect from the party.

Conservative leader Kemi Badenoch said in a video and statement on X that she sacked the party's justice spokesperson Robert Jenrick due to “irrefutable evidence that he was plotting in secret to defect" in a way that was “designed to be as damaging as possible” to the party.

Badenoch also ejected Jenrick from the party's ranks in Parliament and suspended his party membership.

“The British public are tired of political psychodrama and so am I,” she said. “They saw too much of it in the last government, they’re seeing too much of it in this government. I will not repeat those mistakes.”

Though Badenoch did not specify which party Jenrick was planning to switch to, Nigel Farage, leader of the hard-right Reform UK party, said he had “of course” had conversations with him.

In the past 12 months, the Conservatives have suffered a string of defections to Reform UK, including some former Cabinet ministers.

Farage said in a press briefing in Edinburgh, the Scottish capital, that coincided with Badenoch's statement that, “hand on heart,” he wasn't about to present Jenrick as the latest Conservative to defect to Reform, an upstart, anti-immigration party.

“I’ll give him a ring this afternoon,” he said. “I might even buy him a pint, you never know.”

The Conservatives are fighting not just the Labour government to their left, but Reform UK to the right. Reform has topped opinion polls for months, trounced the Conservatives in last May’s local elections and has welcomed a stream of defecting Tory members and officials.

Jenrick, who has continued to attract speculation about leadership ambitions despite being beaten in 2024, has appeared more open than Badenoch to the prospect of some sort of deal between the Conservatives and Reform in the run-up to next general election, which has to take place by 2029.

Jenrick has yet to respond to the news of his sacking.

The Conservatives remain the official opposition to Prime Minister Keir Starmer's Labour.

Badenoch, a small-state, low-tax advocate, has shifted the Conservatives to the right, announcing policies similar to those of U.S. President Donald Trump, including a promise to deport 150,000 unauthorized immigrants a year.

Her poor poll ratings and lackluster performance in Parliament had stirred speculation that she could be ousted long before the next election.

However, she has been making a better impression in Parliament in recent weeks in a way that appears to have cemented her position as leader.

The party is no stranger to turmoil, having gone through six leaders in the space of 10 years, five of them serving as prime minister. Widespread anger at the way the Conservatives were governing Britain led to their defeat at the general election in July 2024, when they lost around two-thirds of their lawmakers, their worst performance since the party was created nearly 200 years ago.

Reform Party leader Nigel Farage addresses protesters outside the Iranian embassy, in London, Monday, Jan. 12, 2026. (Yui Mok/PA via AP)

Kemi Badenoch with Robert Jenrick before being announced as the new Conservative Party leader following the vote by party members at 8 Northumberland Avenue in central London, Nov. 3, 2024. (Stefan Rousseau/PA via AP)