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How Does GoFundMe Work?

One year ago   |   By CBS

MINNEAPOLIS - In just 10 days, nearly 30,000 friends, and mostly strangers, have donated to the online fundraiser for the boy attacked at Mall of America .
That outpouring of support left viewers like Zach from St. Paul and Kathy from Stacy wondering: How does GoFundMe work? Good Question.
Since GoFundMe started in 2010, people have given each other more than $5 billion.
When someone donates, a 2.9% credit card processing fee is taken out. The rest goes to the cause.

GoFundMe also asks donors for a tip - an additional percentage on top of what they give. The company says that money goes...
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