Facebook users raised most amount ever on Giving Tuesday

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...

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