Floyd's brother, as stated clearly in the fundraiser. The funds raised here were transferred to Mr. Transaction fees (which include debit and credit charges) are deducted from each donation. The transaction or payment processing fee. GoFundMe has no platform fee for organizers in the US, Canada, Australia, UK, and most major European countries. Earlier, the company used to charge a certain percentage commission from the amount raised on personal campaigns. GoFundMe does not have a platform fee for organizers. The communications manager from the law firm that set up the fund, Adner Marcelin of Ben Crump Law, confirmed this to Business Insider: "Our office is contingency fee based so fees for our legal services derive for any recovery obtained for the family (i.e. Initially started with a for-profit crowdfunding business model, GoFundMe shifted to a non-profit donation-based business model in 2017 after receiving feedback from the users which suggested (and demanded) all of the money to go to the cause. Philonise Floyd says that 100% of the money collected will go to the family and that the GoFundMe is being managed by the family's law firm. Philonise Floyd was hoping to raise $1.5 million to pay for the family's considerable legal and travel expenses as well as to help support and educate Floyd's children. The tape that captured the event horrified Floyd's family, his brother Philonise Floyd wrote in a GoFundMe, he wrote on GoFundMe account which was established on his behalf by his lawyer's office on May 27.įloyd died in Minneapolis, but the family is originally from Houston. The killing of George Floyd by a white Minneapolis police officer who kneeled directly on his neck has angered the US.