Facebook Fundraisers: Where Does All That Money Go?
Fake news is not the only thing cropping up on Facebook and other social media sites. Also bogus are some public service messages.
Facebook’s fundraising feature, launched in 2017, has resulted in millions raised for numerous charities. Yet, the social media behemoth experienced recently a posted meme that “claimed the social media company was using the contributions its users were making to birthday fundraisers as a tax-deductible write-off for the company,” shared snopes.com on Nov. 6.
Facebook has decried the meme message as “completely false,” and the company has maintained that “100% of what’s raised using donate buttons and fundraisers created on Facebook goes to the benefiting nonprofit,” added snopes.com.
Perhaps in response or coincidentally, Facebook rolled out new fundraisin...