Collections/Payment Processing

Nonprofit Board Members Benefited From Improper Spending
October 9, 2015 at 9:55 am

A court-sanctioned investigation has found state Sen. Jeff Hayden, DFL-Minneapolis, and his wife Theresa received at least $3,486 in improper reimbursements from a now-defunct nonprofit organization. A report filed in Ramsey County District Court Thursday alleges Community Action of Minneapolis paid for plane tickets, hotel stays, travel expenses and spa services for the Haydens. With…

Global Charities Accused of 'Misleading' Public on Nepal Quake Aid
September 22, 2015 at 11:01 am

If you donated cash to survivors of the Nepal earthquakes this year, you may want to consider exactly how—or if—your money has been used. Sixteen of the world's largest disaster-relief charities have revealed to the Thomson Reuters Foundation that they are spending up to a sixth of funds designated for Nepal on their overheads rather…

Fraud Alert: Criminals Test Stolen Credit-Card Numbers on Charity Websites
September 18, 2015 at 10:06 am

Criminals are using poorly protected charity websites to test the validity of stolen credit-card numbers, costing some groups thousands of dollars, cybersecurity experts said this week. Simplified online donation pages make it easy for people to give—but also serve as prime testing ground for credit-card thieves. "There’s a giant target painted on the industry’s back…

Donations to Nonprofit Subsidize Indiana Governor's Travel
September 2, 2015 at 9:56 am

Indiana Gov. Mike Pence has used a corporate-supported nonprofit subsidiary of the state economic-development agency to pay for official trips abroad, writes the Indianapolis Star. The Indiana Economic Development Foundation has raised nearly $2.2 million since January 2014 from companies, trade groups and governmental entities, with most of the money coming from utility firms. Pence…

Online Fundraising: The Hidden Costs of Credit Card Donation Fees
October 16, 2014

For many organizations, it's easy to take that initial credit card transactions contract for granted and basically forget about it. But that may be a mistake, as many nonprofits pay higher rates than they need to, meaning less money going to the mission and more money going to payment processing fees.