On Giving Tuesday, Facebook users did something remarkable: They raised more than $125 million for charity — the largest amount of money ever raised on the social media platform in a single day.
Facebook encouraged users to create and share fundraising campaigns to support their favorite causes. Facebook and PayPal partnered to match up to $7 million in donations made to U.S. nonprofits. More specifically, they promised to match up to $20,000 per donor and $250,000 per nonprofit. The $7 million was matched seconds after 8 a.m. EST.
Last year on the same day, Facebook users raised $45 million. Read more...
More about Facebook, Donate, Giving Tuesday, Social Good, and Social Media Companiesvia Tingle Tech