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Quartz: Facebook is dropping its fundraising fees for nonprofits, but not for personal causes

Quartz November 29, 2017: Facebook is dropping its fundraising fees for nonprofits, but not for personal causes

Mark Zuckerberg announced that Facebook will drop fees to nonprofit fundraisers, but the company will keep them for individuals trying to raise money on the platform.

At the company’s second Social Good Forum New York Wednesday (Nov. 29), Zuckerberg said nonprofits had requested Facebook eliminate the fees, which total 5% for charitable organizations in the United States. Two percent covered things like vetting, operational costs and fraud protection, and three went toward payment processing fees, which Facebook will now absorb for accredited organizations, a spokesperson told Quartz.

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Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

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