A post on Threads claims that only 3% of the donations from a GoFundMe campaign launched by former president Donald Trump for Hurricane Helene victims will actually reach those in need, with the rest being kept by the campaign.

Verdict: False

According to both GoFundMe and a Trump spokesperson, 97% of the funds raised will be directed to organizations providing relief to those impacted by Hurricane Helene. The remaining 3% represents a standard transaction fee applied by GoFundMe to cover payment processing.

Fact Check:

The Hurricane Helene GoFundMe, first opened on Sept. 30, has raised over $7 million out of its original $1 million goal. Country singer Jason Aldean has promised a $500,000 donation to the fundraiser, according to The Tennessean.

The post claims the fundraiser will only donate 3% of all funds to hurricane victims. “It’s outrageous! Donald Trump launched a GoFundMe for “Hurricane Victims” with a $1 million goal, and it’s already over $3.5 million,” the Oct. 3 post reads in part.

The assertion inaccurately represents how donations are managed. GoFundMe charges a standard 2.9% transaction fee plus $0.30 per donation for payment processing, according to its website. The remaining funds will be directed entirely to organizations providing relief to Hurricane Helene victims, including nonprofits such as Samaritan’s Purse and Water Mission.

“To help us cover payment processing, there’s a transaction fee of 2.9% + $0.30 per donation,” the policy on the site’s question-and-answer webpage reads. (RELATED: Video Of Horse Being Rescued From Flood Predates Hurricane Helene)

A GoFundMe spokesperson told Reuters that the campaign is legitimate, and the funds are being distributed accordingly, with additional charities like the Clinch Foundation added later.

Hey Jack, that’s not true. We charge a small transaction fee to help us cover payment processing and safely deliver funds, but 97% of every donation will go directly to people impacted by this event https://t.co/6qwRpE8gXV

— GoFundMe (@gofundme) October 2, 2024

Additionally, Trump’s involvement with Hurricane Helene relief primarily centers around this fundraising initiative, not personal financial contributions.