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OpenCV is great and I would love to donate to them. But it seems like a substantial percentage of the donation goes to Indiegogo or their fees. Based on [1], i
by LeafItAlone 3y ago
OpenCV is great and I would love to donate to them. But it seems like a substantial percentage of the donation goes to Indiegogo or their fees.
Based on [1], it seems like 8% of your donation goes to Indiegogo and processing fees. Is that right or am I misunderstanding?
1. https://learn.indiegogo.com/pricing-and-fees/ https://learn.indiegogo.com/pricing-and-fees/
- geerlingguy 3y agoI read that as 5%. And when you donate you can set the "tip" to 0% so all your donation goes to the org.
- LeafItAlone 3y agoI think it adds to 8%. This page [1] makes it clearer. They charge 5% and their “payment processor also charges a processing fee” which in the US is 3%. The tip seems to be something entirely separate, which is _additional_ money, on top of your donation, that only goes to IGG, based on another [2] article. You probably have more experience here though. Your work is great and I always appreciate your posts. 1. https://support.indiegogo.com/hc/en-us/articles/204456408-Fees-Pricing-for-Campaigners-How-much-does-Indiegogo-cost- https://support.indiegogo.com/hc/en-us/articles/204456408-Fe... 2. https://computerengineeringforbabies.com/blogs/news/why-i-havent-run-an-indiegogo-campaign https://computerengineeringforbabies.com/blogs/news/why-i-ha...
- ok123456 3y agoI made an $11 donation, and Indigogo used a dark pattern, automatically selecting it, to try to make me "tip" Indigogo $10 on top of that! A 90.9% "tip!" NO THANKS. A tip is for a service rendered. Not for being a mendicant middleman.
- elric 3y agoDoes it even matter? When I pay for bread with my credit card, a large portion of the price of the bread goes to the credit card company and the payment processor. Should that stop me from paying for bread? Sure, the baker -- or OpenCV -- would be happier if they got a bigger slice of the pie, but that's just the cost of doing business.
- LeafItAlone 3y ago> Does it even matter? Yes, I think to me it does. How much of my money is “wasted” (which we all might define differently) does matter to me. There’s also a factor of what I receive from it. In your bread analogy, there is an exchange of money for a good (bread) received. In a donation, like with OpenCV, there is no guarantee of a good received, so I care more about how my dollars are “spent” getting to the recipient. I (and many others) look at the filings of charity to understand how much goes to administrative overhead, for the same reason. > When I pay for bread with my credit card, a large portion of the price of the bread goes to the credit card company and the payment processor. Unless you are buying a single slice of bread, a large portion does not go to the credit card company. About 3% does, 5% lower than IGG fees, just like with IGG. A lot of food places around me offer a 3-5% discount for using cash and I generally choose that option if I have cash on me. People have long cared about what “middleman” is scraping money of the top of their spend. Where is your cutoff for percent taken by the processor?
- elric 3y agoIt's your money, you're certainly free to spend it how you like. However, if you oppose giving money to the middle man, and the net result is that OpenCV gets nothing, I can't help but question the wisdom in that decision.
- ris 3y agoIndeed, I'd be much happier donating through e.g. opencollective.
- philnelson 3y agoWe'll look at Open Collective for future fundraising... if we have future fundraising.