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I have used the donation button tool of my account on my website. There is condition on using it that says I must prove my charity status once I reach $10,000 (I haven't passed it yet). Does this apply only for funds raised using that button?
I'm planning to stop using the donation button and use a normal purchase button instead. What I'm worried is if that $10k restriction (to prove charity status) will apply when I try to withdraw funds I collect in the future (because I've used the donation button once).
If your intent is Personal Fundraising the statement "Fundraisers that are not verified nonprofits will be asked to demonstrate how their donations will be used, once they raise more than $10,000". I believe the statement means that you have to show proof of how the funds are used - not that you have be a registered charity or set one up. Regardless if you are using a an actual Donation item button or one of the other types, if you're doing Personal Fundraising and you're asking people to give money for a cause, at some point you may be required to show documentation as to what's being done with the money.