At LaunchGood, we are committed to transparency and trust within our community. We understand that questions may arise in the involvement of influencers in fundraising efforts. Below, we address some common inquiries.
Embracing Digital Trends
At LaunchGood, we recognize the dynamic nature of the digital space and continuously adapt to leverage these trends for the benefit of our charity and project partners. Influencer marketing has seen exponential growth, becoming a key strategy in reaching wider audiences and driving impactful fundraising campaigns. We actively support our partners by sharing the latest market trends and facilitating collaborations with influencers and scholars on our platform.
Direct Fund Transfers
LaunchGood does not apply hidden fees when you donate through our platform. Unlike some platforms that route donations through third parties who promote campaigns, we directly transfer all funds to the intended charity or project owner. While we ensure direct fund transfers to maximize the impact of every contribution, external payment gateways apply a standard fee of 2.9% plus 30 cents to process your transaction. This standardized processing fee is typical for any electronic donation. Our primary goal at LaunchGood is to build trust and enhance the effectiveness of each donation.
Influencer Payments
We allow influencers to fundraise on our platform for vetted charities and causes they are passionate about. However, they do not receive fundraising payments for this from LaunchGood; it is a voluntary effort when collaborating with LaunchGood. If, as part of a non-fundraising initiative we pay influencers to promote LaunchGood's brand and products on social media, this amount is a set fee taken from LaunchGood's own budget and not your donations and it is advertised as a paid promotion.
Charities may choose to engage influencers to promote their campaigns. Any financial arrangements between charities and influencers are made independently of LaunchGood. It's essential for both parties to adhere to legal and ethical standards, including transparent disclosure of any paid partnerships, to maintain trust and compliance within the community.
Rigorous Vetting Process
To further ensure the legitimacy of our campaigns, all charities and projects undergo a thorough vetting and screening process before they are allowed on our platform. This rigorous assessment guarantees that influencers can only raise funds for approved charities and causes, providing peace of mind to donors that their contributions are making a real difference.
By maintaining clear policies and fostering open communication, LaunchGood aims to uphold the highest standards of integrity and trust in all fundraising endeavours.
1. Any financial arrangements between charities and influencers are made separately from LaunchGood.
2. Charities should ensure ethical and legal compliance when hiring influencers.
3. Influencers must disclose paid partnerships to maintain transparency with their audience.
Conclusion
We rigorously vet charities and causes that join our platform and support influencers who voluntarily fundraise on our platform. LaunchGood is committed to being a reliable and transparent fundraising platform, utilizing an ethical approach to influencer marketing.