Description
What Is Goteo Crowdfunding?
Goteo, an online crowdfunding platform, started in 2011 and is run by the Barcelona-based non-profit Goteo Foundation. It is an open-source crowdfunding platform that focuses on projects which, apart from giving individual rewards, also generates a collective return through promoting the commons, open-source code and/or free knowledge.
What Are The Tax Benefits Of Goteo.org?
The Goteo Foundation which manages the Goteo.org platform is eligible for these tax benefits since it has the essential accreditations of the Ministry of Education, Culture, and Sports, and its miles filed with inside the Foundation Registry on January the 16th 2012.
Contributions by individuals: Contributions or donations by individuals destined to the Goteo Foundation are eligible for a 25% tax deduction of Income Tax.
Contributions by legal bodies: Contributions or donations by legal bodies destined to the Goteo Foundation are eligible for a 35% deduction of Corporate Income Tax.
Goteo Projects
The platform helps a wide range of projects, as long as they respect their openness requirements. According to its statistics, the biggest categories of projects are social (20%), cultural (15%), education (15%) and environmental (13%). Other projects include technological (10%), entrepreneurship (9%), communication (8%) and scientific (7%).
What Is The Goteo.org Commission Fee?
In Goteo there are 2 kinds of fees you have to pay when creating a project that will be deducted from the total amount received.
The Goteo Foundation charges a commission of 5% of the entire funds gathered over the two rounds of 40 days for services rendered (publication and use of management tools on the platform, project promotion, consultancy on all aspects of the project presentation and communication). Here you can discover further facts about the reasons for their 5% commission.
Commissions for financial transactions. The bank charges 0.8% for payment processing on every payment. In case of payments made via PayPal, the commission is 3,4% + €0,35 for every payment.
These commissions are only applied if a project receives finances and the payments are made. If not, using Goteo has no charge for the promoter.
Goteo Alternative –
There are now many donation platforms in the world and in the Netherlands. A good Goteo alternative for the Netherlands and other European countries is WhyDonate. They are just that bit cheaper and a reliable Dutch platform. At the bottom of this page, you will find a complete comparison.
| Donation platform | Reviews | Platform costs | Transaction Costs | Other costs | Payment methods | Launch date |
|---|---|---|---|---|---|---|
| WhyDonate | 4.7 | 0% | 1.9 %+ €0.25 | None | OPP, Credit card, PayPal, Bank transfer, Direct debit, Sofort, Bancontact, EPS, Giropay, Belfius, KBC |
2013 |
| GoFundme | 4.5 | 0% | 2.9% + €0.25 | None | Credit card, iDEAL | 2010 |
| Donorbox | 4.5 | 2% | 1.4% + €0.30 (3.4% + €0.35 PayPal) | Add-on Integrations (optional) | Credit/debit cards, Apple Pay, low-cost ACH and SEPA bank transfers, Google Pay and PayPal. | 2014 |
| Leetchi | 3.1 | 1.9% to 4% | 0 | None | Credit cards (VISA/Master Card) | 2009 |
| KissKissBankBank | 4.3 | 8% of the amount raised (transaction cost included) | 3.4% + 0.25c | None | Credit card, VISA, Mastercard, Maestro, Cheque, Bank transfer | 2009 |
| Tudigo | 4.8 | 0% | 8% | None | Credit card, Bank transfer | 2012 |
| Ulule | 3.5 | 4.17% – 6.67% | 2.9% + $0.30 | None | Carte Bleue (France), Visa, MasterCard, Maestro/Bancontact (Belgium), iDeal (Holland), Direct debit | 2010 |
| Proarti | 4.3 | 8% commission | 0% | None | Bank card, Check | 2009 |
| Goteo | 2.9 | 5% | 0.8% | PayPal 3.4% + €0.35 | Credit card, PayPal or Goteo Virtual Purs | 2011 |
| Humaid | 5 | 0% | 0% | None | Credit card, Visa, MasterCard, Transfer, Check | 2015 |
| * All tax systems depend on the tax regulations of the country. | ||||||
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