Facebook has hit a new milestone—in philanthropy.
That sum has been raised by over 20 million people who have either donated to or started a fundraiser on the site. The fundraising tools are now available in 20 countries, benefiting more than 1 million nonprofits that can directly receive donations via Facebook.
Building off this momentum, Facebook has also announced a new initiative that will take place on Giving Tuesday. Alongside its partner PayPal, Facebook will match donations up to a total of $7 million made on Facebook on Giving Tuesday to all eligible nonprofits across the U.S. All fees have been waived, meaning that 100% of the donations made will go directly to the nonprofit.
Facebook and PayPal will match donations up to $250,000 per nonprofit and up to $20,000 per donor. The matching will begin at 8 a.m. ET on Tuesday, Nov. 27, and continue until the $7 million runs out.