Collections/Payment Processing

Should You Have a Donor Account for Monthly Gifts?
August 9, 2021 at 11:45 am

If you know that the typical number of people who finish a gift is only 21%, that means 79% do not give, even though they go to your organization’s page to donate. What’s preventing donors from making the gift? Is it something you do? Can you stop doing it?...

Have No Fear! Monthly Giving Help Is Near
August 21, 2017 at 10:05 am

Over the past few months, I hope I showed you how monthly giving has become so much easier for nonprofits to organize and then actually start. That’s because so many payment processors and donor bases now have built-in tools to create giving pages, add the recurring/monthly option and capture new monthly donors without a lot of jumping through hoops...

Donations Through Mobile Devices Continue to Rise
June 15, 2017 at 12:25 pm

The integration of online technology in the nonprofit sector has played its role in advancing and increasing the way people give. If you’re not convinced, let’s take a look at Blackbaud’s “2016 Charitable Giving Report...

Nonprofit Fundraising in the Internet Age: What You Need to Know
April 26, 2017 at 10:43 am

It’s no surprise that many nonprofits turn to the Internet to meet fundraising goals and connect with potential donors. But, does using the Internet for fundraising pose any legal issues? For example, if you have a nonprofit in Pennsylvania, but your online fundraising post reaches a donor in California, is your nonprofit now conducting business in California?...

More Donors Starting Funds Rather Than Giving Directly to Charities
April 19, 2017 at 9:13 am

For the first time on record, the nonprofit that received the most in donations in the country is not what you typically think of as a nonprofit—and that has some in the nonprofit sector worried that the new model is upending traditional philanthropy. Giving accounts allow donors to get an immediate tax benefit when they…

Study: Direct Payment Via ACH Improves Donor Retention
March 1, 2017 at 12:05 pm

One of the toughest challenges in our sector is getting donors to give time and time again—to get one-time donors to become repeat donors. Perhaps it’s showing donors the impact that the organization is making or having a mission powerful enough for donors to want to be a part of the organization. Perhaps simplifying the…

The Importance of Online Payment Options
February 28, 2017 at 10:23 am

Just remember, as a nonprofit, your offline donors may be falling into that “senior” category, but your online donors are definitely more of a younger generation mix. Many of us have been saying this for a while—PayPal provides the greatest flexibility and even perceived security for those worried about providing a credit card online. It works with checking accounts and credit cards...

BitGive Launches GiveTrack, a Real-Time Donation Tracking System
December 22, 2016 at 9:00 am

BitGive Foundation, a nonprofit organization, is revolutionizing the way in which people donate to charity through its beta launch of GiveTrack, a blockchain-based multidimensional donation platform that provides the ability to transfer, track and provide a permanent record of financial transactions across the globe from beginning to end. Connie Gallippi, founder of BitGive, said to…

$7M Wayne State Medical School Gift Contingent On One Doctor
September 20, 2016 at 10:00 am

In 2014, Mike and Marian Ilitch made a $7 million gift to the Wayne State University medical school. But the gift, which is to be paid in five yearly installments of  $1.4 million, came with a condition: If Dr. Donald Weaver, the chairman of the department of surgery, left the university for any reason before…