A walkathon is a fundraiser in which individuals try to get pledge donations for how many laps or miles they complete on a given time interval. Learn more about Walkathon fundraisers.

There's many ways of going about organizing a Walkathon, but we typically suggest holding a team or organization meeting to kick things off and go over the rules of your walkathon. Then, using Teamfi, you can invite participants to join you fundraiser and track their progress. We have a full, step-by-step Walkathon guide here.

Typically, we recommend your actual walkathon event be anywhere between one and three hours. This is a good balance between allowing sufficient time for participants to accumulate laps/miles to raise funds, while also maintaining a healthy environment.

In terms of the duration of your entire fundraiser, we recommend you collect pledges for anywhere up to the 2-3 weeks preceding your Walkathon event date, and then keep it open for pledge payouts for about a week after totaling around 21 days.

Your team will keep 100% of each donation minus the payment processing charged by Stripe, our 3rd party payment processor. Payment processing costs 2.9% + $0.30 per donation, and this usually works itself out to ≈3.4% total. That means you take home ≈96.6% and Teamfi takes 0.0%. To learn more about exactly how Teamfi fundraisers are broken down, we encourage you to visit our pricing page. If you're curious to what payment processing could look like for your fundraiser, we invite you to visit our fundraiser calculator page to estimate the payment processing fees. We pride ourselves in delivering the most affordable fundraising option possible to coaches across the United States.

Once your organization's Walkathon fundraiser is complete, Teamfi will mail a check to the address you provide for your team. You can expect your team's check to arrive within 3-5 days of closing out your team's fundraiser.