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Boards.ie Ukraine Appeal - Fundlocal.ie

  • 03-03-2022 8:51pm
    #1
    Boards.ie Employee Posts: 121 ✭✭✭✭✭ Boards.ie: Odhran
    Boards.ie Employee


    Hi all,

    We have decided to push our new fundraiser platform, fundlocal.ie, live. It is not 100% complete, however due to the urgency of the situation in Ukraine we have decided to push ahead. We will share more information about the site and what we hope to achieve over the coming days and have included below 'What is fundlocal going forward' explains what how things will work after this campaign.

    Boards.ie Ukraine Appeal

    Millions of lives in Ukraine are being torn apart. Boards.ie is supporting the Red Cross who have teams on the ground in Ukraine and will continue their work to repair vital infrastructure, support health facilities and help families with life-saving food and hygiene items.

    Fundlocal was originally developed to help local communities in Ireland create fundraisers, by giving people access to our unique platform where like minded people could support the people and causes they care about. Nick Mankovskyi and his team in Ukraine developed this platform with us, so it is important for us that we get things live as soon as possible and see if we can help. NB - Boards.ie will not be taking any fees / charges from funds raised on behalf of Ukraine Appeal.

    We were not really ready to launch (just some onboarding issues etc) but given the circumstances we feel compelled to go live, warts and all, so please bear with us if there's any teething issues issues.

    The crisis in Ukraine is rapidly evolving and any small donation you can afford will help those affected to get food, medicine, shelter and water. Your support will also help the Red Cross to assist those displaced by conflict. Boards.ie will be passing all funds raised to the Red Cross.

    Any amount would be greatly appreciated and 100% of funds raised will go direct to the Red Cross. If you are in a position to do so you can donate here.

    Thank you from all of us at Boards.ie

    Some information about fundlocal below - we will add more info to this asap.


    -----------------------------------------------------------------------------------------

    What is Fund Local going forward?

    Fundlocal was developed to help local communities in Ireland create fundraisers by giving people access to our unique platform on Boards where like-minded people can support the people and causes they care about.

    • What’s in this for the Boards?

    Boards.ie is all about communities and people who come together to talk about topics and interests that are important to them.  Local fundraisers touch us all - from the local GAA club to a sick family member and Boards provides a unique platform to allow like minded people to support the people and causes they care about.

    • How do Boards make money from it?  (*for future fundraisers only, not for Ukrainian Red Cross appeal)

    Boards make a small fee on each transaction that goes through the platform.  All online payments are subject to credit card processing fees - we have arranged a preferential fee so that we make a small fee on each transaction.  If for instance one wanted to donate €10 to a charity of their choice.  There are two options:

    1.  Donating €10 and not covering the transaction fee will mean that the charity of your choice will receive €9.50 as we take the credit card processing fees (ie what we have to pay to Stripe/Adyen) and our margin out of the total.  That covers our development costs and hopefully if we get some volume a little bit more.
    2.  Donating €10 and AND covering the transaction fee will mean that the charity of your choice will receive €10 but it will cost you €10.50.  As above we deduct the credit card processing fees and our margin out of the total - but transfer the full €10 to the charity.  
    • Where is the money held/who by? What are their company credentials?

    The money is held by Javelin Payments Ltd - a payment processing company who partner with Adyen.  Javelin and Boards.ie have a common shareholder which means Boards avails of a preferential rate.

    • If I create a fundraiser from a link on Boards, will you be able to link it to my Boards account and/or real name

    Users will have to register on fundlocal using their name, address etc.  That is a standard requirement for all sites that process payments.  It’s to combat fraud etc.  You do not have to associate your Boards account with your page - nor will they be linked unless you do so yourself.

    • Who will have access to that information?

    The only people that can access your account information are Javelin Payments Ltd and Adyen

    • How can you be sure that people won’t abuse this and raise money for their holiday to Dubai instead of the animal charity they said it was for?

    No more than any peer to peer fundraisers, we cannot police if payments are submitted to the charity / donation cause by the organiser.  However all fundraisers have to go through KYC processes (Know Your Customer) and we thoroughly investigate any complaints made in this regard.

    • Is there a limit as to how much can be raised/asked for?

    There is no limit however we advise organisers to set realistic and achievable goals.

    • Do you liaise directly with charities or how can you be sure the money goes to the right place?

    It is the responsibility of the organisers to transfer funds to the right place.  We can of course check upon requests that funds have been transferred per events organised on our site.

    • Who owns FundLocal?

    Fundlocal the domain is owned by Boards.ie.  similar to how other SaaS white label platforms work, The platform is owned by Javelin Payments Ltd where one of our owners is a shareholder.

    • What’s the catch?

    We charge a fee for processing credit card payments. We take a very small margin to help cover development costs and hopefully generate some new income for Boards.ie.  Since the values are so small we would need massive traction for Boards to benefit from this product.  We see it as a great community feature that might help pay for some bills. As an example, a €100 donation where the fees are covered means Boards shares in the gross profit on €2.29 less our transaction fees…. So we will need a lot of €100’s to buy a catch :)

    Just to reiterate this only applies to future fund raisers and the above does not apply to Ukraine Appeal where full donations go to Red Cross.

    Post edited by Boards.ie: Odhran on


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Comments

  • Registered Users Posts: 10,183 ✭✭✭✭ Leg End Reject


    That's fantastic @Boards.ie: Odhran, hopefully the community gets behind this.



  • Registered Users Posts: 782 ✭✭✭ Hibernicis


    Hi Odhran, this is a great idea.

    Is it possible to donate using a pseudonym, and if so how ?

    And a suggested correction to your notes above. Under the heading How do Boards make money from it? The second point “Donating €10 and AND covering the transaction fee will mean that the charity of your choice will receive €9.50 but it will cost you €10.50.” should probably read “Donating €10 and AND covering the transaction fee will mean that the charity of your choice will receive €10.00 but it will cost you €10.50.”

    Cheers



  • Boards.ie Employee Posts: 121 ✭✭✭✭✭ Boards.ie: Odhran
    Boards.ie Employee


    Ah thanks for that @Hibernicis - I’ll update.

    You can donate as anonymous or using own name or pseudonym …

    when donating it will ask for your name or you can check anon box!



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  • Registered Users Posts: 15,157 ✭✭✭✭ fritzelly


    What is the point of this? Just donate directly to the Red Cross



  • Registered Users Posts: 2,506 ✭✭✭ Purgative


    Of course, but this is easier, its a reminder, a conscience jogger, a sense that the Boards family cares about wider humanity.

    Anyway €794 raised so far - good job.



  • Registered Users Posts: 800 ✭✭✭ Lion Killer


    How much money roughly will Boards and their affiliates be making per transaction directly or indirectly? What is the justification for taking a cut of the money intended for charity?

    Bit of a sickener honestly

    Post edited by Lion Killer on


  • Registered Users Posts: 15,157 ✭✭✭✭ fritzelly



    Says in the OP no charge, all funds go to the Red Cross, sorry but still seems a bit naff to use it to promote another venture by Odhran - a simple post along the lines of donate to the Red Cross directly would have been the way to go



  • Posts: 0 ✭✭ [Deleted User]


    The fee numbers don't agree above.



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  • Registered Users Posts: 15,157 ✭✭✭✭ fritzelly



    I would assume that is just a mess up in a hastily constructed post - doesn't take much to work it out



  • Posts: 0 ✭✭ [Deleted User]


    It's usually better not to assume and have a reread in this type of circumstance.

    Point 1 has the fee income being €0.12 of a total fee reduction of €0.50, with the balance being the payment processor fee.

    Further down it says boards take 50% of the €0.50 fee.



  • Registered Users Posts: 2,617 ✭✭✭ brokenangel


    I don’t understand how the original post can be so confusing. The war started days ago so how is it put together so hastily? A number of updates to the post yet it still give details on how boards makes money


    plus how much is this subco taking seems unclear?


    it says no fee, then down later it clearly says Boards.ie is making money from it. Plus it seems to be advertisement for some other subco


    To me it suggests boards is using the war to promote some random company while trying to be as vague as possible on who and what are taking a bit of the pie , hopefully I’m wrong but as mentioned why not just ask people to donate directly without a middle man?

    If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a .

    https://www.youtube.com/watch?v=Eisa5AZ20W0



  • Registered Users Posts: 800 ✭✭✭ Lion Killer


    "We take a 50% share of the transaction fee (ie 0.50c / 2 = €0.25c on a €10.00 donation)"

    "Boards make a small fee on each transaction that goes through the platform."

    With all due respect, you do seem to be taking a fee. Can you explain this? These are words that you have written but you are telling me you are taking no fees whatsoever. Which is it?

    How much does FundLocal make per transaction?

    "We take a very small margin to help cover development costs and hopefully generate some new income for Boards.ie. Since the values are so small we would need massive traction for Boards to benefit from this product. We see it as a great community feature that might help pay for some bills."

    You see this charity appeal as a great opportunity to make income? I don't think charity appeals should be about making money for your company with all due respect.

    "Fundlocal the domain is owned by Boards.ie. The platform is owned by Javelin Payments Ltd where one of our owners is a shareholder."

    So Boards.ie is taking a fee per transaction and making money through FundLocal per transaction also?



  • Registered Users Posts: 30,226 ✭✭✭✭ Gatling


    I love the fact there is a Javelin limited involved 🤣



  • Posts: 0 ✭✭ [Deleted User]


    Once boards take a fee and the Javelin limited take a fee and the payment processors take a fee and it goes to the next party along the chain with other fees being taken for payment processor fees and admin how much of my €10 get to people on the ground who need food and shelter and transport and how long will it take?




    How much of my €10 would reach these people if I donate it directly to the Red Cross at the link donate.redcross.ie?

    Your heart is in the right place and your intentions are noble but ultimately the aim should be to get the maximum amount to those who need it as quickly as possible and from what I can see the red cross are the main charity on the ground in Ukraine both in terms of food and medical care.

    Promote the hell out of the Red Cross.



  • Registered Users Posts: 967 ✭✭✭ db


    If you read the thread you would see that boards will not be taking any fee. The OP sets out how the platform will work if you out I were to set up a fundraiser, it was clarified later that 100% would be passed on. I think boards got involved because the developers of the fundlocal platform are Ukrainian.



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  • Posts: 0 ✭✭ [Deleted User]


    I appreciate those points. The boards fee is just one fee along the chain.

    It would be better to get the maximum amount of money/aid to the Ukrainian people as quickly as possible.

    Anyway, I've said my bit on this, I just wanted to suggest that the original post requires correction and clarification on the fee structure and it is up to each individual who to donate to.



  • Boards.ie Employee Posts: 121 ✭✭✭✭✭ Boards.ie: Odhran
    Boards.ie Employee


    Thanks all - original post has been cleaned up so hopefully it is clearer now.

    Boards is not charging any fees on Ukraine Appeal. All funds will go directly to Red Cross and we will be transferring that every few days to get money over quickly. Thanks to all that have donated so far - the total raised currently stands at €1,219!



  • Registered Users Posts: 782 ✭✭✭ Hibernicis


    Odhran, the total amount raised (currently €1,219) does not tally with the total of all donations (currently 15 listed with a total of €1,025)

    Suggest you get the developers to correct this before any of your fans from above accuse you of pocketing the difference !



  • Boards.ie Employee Posts: 121 ✭✭✭✭✭ Boards.ie: Odhran
    Boards.ie Employee


    :) thanks @Hibernicis ... agh we ran through some test transactions using dummy cards when the campaign went live and they are being counted but since removed. Total is counting them also. Bad news is its a lower total now ... but we will make it back. Thanks for pointing out.

    Every cloud.... Test transactions are in backend but not counted towards total. The link says "See all (15) donors", but it's limited to 15 entries. So we are only showing only the latest 15 contributions, even though there are many more. Its a frontend fix and we will get it sorted tomorrow. So.... back up and now at €1,224.

    Post edited by Boards.ie: Odhran on


  • Registered Users Posts: 1,374 ✭✭✭ Red Hare


    Arra, What's all that suspicion about?

    Help those people now.Mol an OigeUkrainians agus tiochaidh siad.



  • Registered Users Posts: 3,312 ✭✭✭ deise08


    You say it was developed by a team in Ukraine, I hope they are all safe.



  • Registered Users Posts: 652 ✭✭✭ Eggonyerface


    Good idea. I would just say however if anyone has revolut you can donate to the red cross through that and they match your donation *edit* scrap that it was matched up to 1.5 million and there's 4.2 donated so far. Wow



  • Registered Users Posts: 800 ✭✭✭ Lion Killer


    It was not laid out clearly at all. It was totally unclear.

    They are not being transparent about how much the companies they own will be making per transaction, which I find troubling.

    It's perfectly reasonable for ordinary people to want their donation to go fully toward helping victims of war,

    The total figure donated is pretty measly all things considered given the traffic of this website. Perhaps others are also concerned with the lack of transparency and sister companies taking their cut of the donation also. 3 cuts of the same amount donated



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