By Rosalie Chan
July 1, 2016

Facebook introduced a new tool Thursday that allows people to raise money for U.S.-based 501(c)3 nonprofits directly on the social media site.

The fundraising tool allows individuals to set up a page to share their story with their friends and followers, talk about a nonprofit’s mission and solicit funds.

Last fall, Facebook launched a fundraising tool for nonprofits, where organizations can raise money directly from the News Feed and use the Donate button. Facebook’s new tool now lets ordinary users create pages to collect donations for a nonprofit they choose and set fundraising goals.

Earlier this week, Facebook announced changes to its News Feed, where users will see more updates from their Facebook friends and less articles and updates from brands and publishers.

You can get started on the tool at facebook.com/fundraisers.

Contact us at editors@time.com.

SPONSORED FINANCIAL CONTENT

Read More From TIME

EDIT POST