Starting October 31st, verified non-profits on Facebook who have been set up to receive donations from people will need to get set up with Pay Pal Giving Fund, Facebook’s chosen new third-party processor. Not only do you need to review and accept these changes, you’ll have to get set up with a PPGF account. Unfortunately, the days of non-profits receiving 100% of funds raised (without any fees) are gone. After October 31st, fundraisers set up through Facebook or donations made to non-profits will have a processing fee withheld. Another big change appears to be the way that registered non-profits will receive payments. Previously disbursements were paid via electronic payment directly to a bank account. According to the notice sent by Meta on August 30, 2023, PPGF plans to mail paper checks.
Did You Receive this Notice?
If you’re a non-profit and you want to continue receiving donations via Facebook, you need to watch for this email notification, click “review” and follow the steps. You’ll be prompted to set up a Pay Pay Giving Fund. If you don’t get this email, you can log into your Facebook account, make sure you “switch” to your Facebook page (provided you’re now on the New Page Experience) and then navigate to your Non-Profit Manager.
Still Have Questions?
If you’re a non-profit client of Vivid Image and need help navigating this process, reach out to your Account Director. We can help!