Donation crowdfunding is fundraising where all donations contribute toward the target and all donations made to the campaign will be sent to the beneficiary whether the target is reached or not.
So very simply - every donation goes to the beneficiary notwithstanding if the target is reached.
Any funds raised after the target amount has been exceeded, will still be sent to the beneficiary.
Also known as flexible crowdfunding.
Pledge or Reward of fixed crowdfunding means donors pledge an amount to the campaign.
The funds are not charged to the donor's credit card yet. When the fundraising target or goal is reached then the pledge is charged to the donor.
So the beneficiary only receives funds IF the target is reached. For example you may need a specific amount to fund equipment say $3000. If you do not reach the target then the donors' credit card is not debited and the funds are not transferred.
As with donation crowdfunding, any funds raised after the target amount has been exceeded, will still be sent to the beneficiary.
Also known as fixed crowdfunding.
Start a crowdfunding campaign crowdfunding for a personal cause