Q. What is Give More 24!?
Give More 24! is a 24-hour, online fundraiser that rallies our community to raise money for more than 100 local nonprofits—all using a simple and exciting website. It's a day when everyone who cares about southwest Washington can take action by giving what they can, wherever they are, at the same time.
Q. When is Give More 24!?
Give More 24! starts at 12:00 a.m. and ends at 11:59 p.m. on September 20th, 2018.
Q. Why should my organization participate?
Give More 24!is a great way to boost your organization's fundraising efforts, gain exposure and improve capacity around online giving and campaigns. As Southwest Washington's largest day of giving, Give More 24! provides eligible nonprofits with an opportunity to reach potential new donors through a region-wide event and integrated marketing campaign. For more information or resources to share with your board, please contact the Community Foundation giving day team at firstname.lastname@example.org.
Q. How can my organization participate? Is there a fee?
Registration is required for participation. This includes payment of a tiered participation fee, ranging between $100 and $300. Please also review the Terms of Participation agreement. Beyond these steps, every organization must ensure that its profile on the event website, https://www.givemore24.org, is up-to-date well in advance of the giving day. In addition, participating nonprofits are more successful when they commit time and energy to planning and promoting a Give More 24! campaign. The Community Foundation will provide a Give More 24! Toolkit and trainings to support participating organizations in this effort.
Q. Is my organization eligible to participate?
Every participating organization must have projects or programs that actively engage with and serve residents of Clark, Cowlitz or Skamania Counties. Each must be recognized by the IRS as a 501(c)(3) public charity—a qualified recipient of tax-deductible gifts. The only exception to this rule is when a public charity serves as a fiscal sponsor for an unqualified organization. Additionally, all participating nonprofits will be required to attest that they are in compliance with state mandated fundraising laws prior to prior to beginning to collect donations. For more information about how to confirm your organization is in compliance, please see the following GiveGab support article: Important Update Regarding Fundraising Requirements.
Q. What is the deadline to ensure my organization can participate?
The deadline to register and have guaranteed inclusion in Give More 24! is Friday, June 15. Your profile on GiveGab is available 365 days a year for fundraising and volunteer management.
Q. How can I help make the day a success for my organization and our community?
After registering, your organization should begin customizing its fundraising campaign. The How do I customize my fundraising campaign? support article will walk you through all the steps. Next, check out all the tips and tools on our Nonprofit Toolkit page. Additionally, we'll be providing dates and registration links to GiveGab webinars that cover everything related to the giving day platform. You can also find this information on the Trainings page. In July, the Community Foundation will provide digital fundraising training sessions. All of these resources are available to support your organization's success, but most important is the commitment, creativity and energy that you apply to your own giving day campaign.
Q. How much of each donation goes to my organization?
As with any credit card transaction, there is a standard fee assessed by the credit card company. GiveGab negotiates these terms on behalf of Give More 24! and has secured a fee of 2.2% + $0.30 per transaction. Donors have the option of covering these costs on behalf of the nonprofit. For the Give More 24! campaign, GiveGab charges a 2% campaign management fee that is capped at $20 per donation. The Community Foundation will be covering this cost to offset the absence of the stretch pool. As for prize and matching funds, your organization will receive 100% of any of these awards obtained during the event.
Q. Who is GiveGab?
GiveGab is the company that powers the online giving platform behind Give More 24! Aside from this event, GiveGab helps nonprofits raise money, engage donors, and manage volunteers quickly and efficiently. GiveGab offers a full portfolio of simple and easy-to-use products that allow organizations to function in a more streamlined manner.
Q. Who is Stripe?
Q. Why does Stripe require date of birth and the last four digits of the nonprofit administrator's Social Security number?
As an online platform that collects, processes and distributes money in the form of donations from supporters to organizations, GiveGab must abide by the rules, regulations and compliance laws of the United States. In particular, they are required to verify that the individual registering an organization to collect donations is authorized to do so and is who they say they are.
More importantly, GiveGab and the Community Foundation have a duty to our users. When donors choose to support a cause with a monetary gift, it is essential that they trust their donation will support what they intended it to support. You can read a full explanation including how this information is stored in the following GiveGab support article: Why do you require personal information to enable donations?
Q. How does an organization know who has donated and how much?
All participating organizations will have access to a full report of donor information the day pre-event giving begins that will be available as long as your organization is registered on GiveGab. This report can be downloaded as a .CSV file via the administrative dashboard on GiveGab. The report is updated in real-time and will include the donation payout date for bank account reconciliation, donation information (including a breakdown of the fees), and donor contact information for those who have not opted to give anonymously.
Q. How do donation receipts work? Does my organization need to send letters?
All individuals who donate through the Give More 24! website will automatically receive an emailed tax receipt from your organization immediately after making their contribution. This receipt is unique to your nonprofit and can be customized through the GiveGab administrative dashboard. For more information on how these email messages are structured, please read this GiveGab support article: Can I preview my organization's "Thank You" email?
Q. What portion of a donation made on GiveGab is tax deductible?
All gifts are tax deductible, including any amount a donor pays to offset the credit card fees related to their gift. When a donor chooses to offset the fees, they are actually ensuring the nonprofit realizes the full amount of their intended donation after payment of the fees. The entire gift, including any fees, will be reflected on the donor's receipt as a single amount.
Q. If our organization has secured a matching gift, how are these dollars applied?
We encourage organizations to secure their own additional matching donors for Give More 24! Matching gifts must be a minimum of $500. If your organization secured such a gift, you are required to submit a completed Matching Funds Agreement of Understanding. All matching gifts are credited $1 for every $1 donated online. These dollars are applied automatically by the GiveGab platform. Thus, the dollars will count toward your progress throughout the day in real-time. Learn about auto-matching and how to activate this feature here: What is Auto-Matching?
Q. How do the prizes work?
Every organization participating in Give More 24! has the chance to win one or more of our numerous prizes. These prizes are awarded based upon pre-defined nonprofit and donor milestones during the 24-hour giving challenge. The full list of prizes will be available on the Give More 24! website in early August. Each of these prizes will be awarded through the GiveGab platform. Organizations are eligible to receive more than one prize. Prize dollars will be distributed by the Community Foundation for Southwest Washington. For more details about fund distribution, please see the next question.
Q. What happened to the stretch pool?
Those that participated in Give More 24! before 2018 may remember having a stretch pool. In the early years of Give More 24! this incentive attracted participants and donors because it added a small amount to each donation. However, as the total raised during Give More 24! grew and the stretch pool shrank, the financial impact of stretch dollars was drastically reduced. In fact, in its final year, stretch benefits were on par with processing and platform fees (~6% in 2017). Our data also shows that the most successful nonprofits in Give More 24! are those that secure and position $1-to-$1 matching gifts to encourage giving. As a result, we decided to channel our staff time toward attracting prize sponsors and high-impact matching gifts. In 2018, we also made the decision to fully fund platform fees, which further reduces transaction costs for our participating nonprofits.
Q. When will organizations receive their Give More 24! contributions?
If your organization's bank routing and account information has been verified, it can expect to receive all donations, less any uncovered credit card transaction fees, via direct deposit within 7 business days from the first gift made and every 24-48 hours thereafter. GiveGab uses a PCI Level 1 compliant payment service to ensure that all financial data is secure. If your organization earns a Give More 24! prize or receives a contribution from a Donor Advised Fund held at the Community Foundation for Southwest Washington, these funds will be delivered 20 business days from the event. These disbursements will be made by check to the address associated with your Give More 24! profile and will include a final distribution report for your organization.
Q. Can my organization host a special event?
Yes! We encourage you to plan an event, partner with other participating nonprofits, or connect with a local business to raise awareness about Give More 24! However, in order to be listed an as "official" Give More 24! event on the giving day website, participants must submit a Certificate of Insurance to the Community Foundation for Southwest Washington. The Certificate of Insurance must name the Community Foundation for Southwest Washington as an additional insured entity in order to cover any unforeseen circumstances.
Q. Can we encourage donations by giving away prizes or free gifts?
All gifts made during Give More 24! must be tax deductible. The IRS stipulates that in order for a free gift to the considered tax deductible, "no goods or services are provided in return for the contribution." However, a donor may receive a benefit that is inconsequential or insubstantial (token benefit) if one of the following tests is met:
- The Fair Market Value of all benefits received in connection with the payment does not exceed 2% of the payment or $109 in 2018, whichever is less.
- The payment/donation is at least $54.50 and in connection with it the donor receives only token benefits (bookmarks, calendars, mugs, posters, tee shirts, etc.) generally costing no more than $10.90 cumulative for the year.
- The nonprofit mails or otherwise distributes free, unordered items to patrons (not based on an actual donation).
Gift cards are considered cash and can't be given to a donor who makes a charitable gift. The gift cards could be used to purchase token benefit items (listed above) for donors as long as the gifts don't cost more than the $10.60 limit.
Q. Can donors send in checks during Give More 24!?
Cash or check gifts will not be applied to Give More 24! totals because of the administrative barriers surrounding verification of contributions. Thus, we encourage nonprofits to use laptops or tablets to process in-person donations via the givemore24.org website. givemore24.org donations must be made during the giving period, beginning September 10 and ending at 11:59:59 on September 20. All donations made through givemore24.org will be automatically added to your giving day total.
Q. What if our initial fundraising results differ from our final disbursement?
Final disbursements from GiveGab through your Stripe account will not include prize dollars earned or contributions from Donor Advised Funds held at the Community Foundation for Southwest Washington. These will be disbursed as a separate check within 20 business days of Give More 24! Regarding the funds raised through the online platform, which each nonprofit will be able to see their gifts in real time, be aware that reconciliation may impact your final total. All donations are final. However, GiveGab does issue refunds from the time of receipt to the time of disbursement for a variety of reasons, including consumer disputes. Therefore, donation "reports" can change even after the nonprofit received disbursement from GiveGab.