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INSTAGRAM ADDS FUNDRAISING TO REELS TO HELP NONPROFITS

AppleMagazine

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April 22, 2022

Meta Platforms Inc., the social media giant formerly known as Facebook, plans to celebrate Earth Day by expanding its offering of fundraising tools and making them more easily available to 1.5 million nonprofits on its Facebook and Instagram platforms, including those involved in fighting climate change.

INSTAGRAM ADDS FUNDRAISING TO REELS TO HELP NONPROFITS

Instagram users can now attach donation buttons to their Reels, turning the short videos into fundraisers. As it does for donations on Facebook and other Instagram content, Meta will collect and pass along the donations to the nonprofits at no charge, paying the processing fees itself.

More than $6 billion has been donated on Facebook and Instagram since fundraising began on the platforms in 2015, according to Emily Dalton Smith, Meta’s vice president of product management and social impact. Donations jumped $1 billion in nine months in 2021, with 100 million creators and donors taking part in fundraising on the social media platforms.

The bulk of those gifts are coming from small donors. The majority of donations on Instagram in 2021 were under $20.

“It’s just lots of people coming together and giving whatever they can to causes,” Dalton Smith said.

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