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Thank you for being part of one of the biggest days of giving
in King County history.
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See GiveBIG results
Thank you for making our first GiveBIG an amazing success. We'd especially like to thank our Corporate partners who made this day possible:
Thank you again to everyone who made GiveBIG on June 23 such a tremendous success for our community and the nonprofits that serve it! We’ve received a few questions from people regarding the big day, its results and costs, and wanted to provide an update here.
When will nonprofits know what they received through GiveBIG and the amount of "stretch dollars" they will each receive?
We let nonprofit organizations know their totals the week of June 27 by phone or email, and checks were sent on July 8.
What are the fees and costs associated with GiveBIG?
The online processing fee for each donation is 3.99 percent (down from 4.5 percent for GiveBIG 2011) of the donation, plus a $0.25 transaction charge — the latter of which is being reimbursed by The Seattle Foundation for donations made during GiveBIG. The processing amount includes standard fees charged by credit card companies, plus a charge from the online payment vendor Click & Pledge, and is in line with other vendors in the industry. (Of course, credit card fees are assessed anytime someone makes a donation with a credit card, whether it’s individually online or over the phone, or during a public event like GiveBIG.)
The Seattle Foundation does not collect any fees associated with contributions made through our website.
Why did The Seattle Foundation choose Click & Pledge as its online vendor?
After conducting substantial research into which vendor would be most appropriate for
www.seattlefoundation.org, we determined that Click & Pledge offered the best services for our ability to facilitate donations to other organizations.
Click & Pledge offered the Foundation and the nonprofits on our site low percentage rates compared to competitors. Click & Pledge also waived all setup and monthly fees for nonprofits signed up through The Seattle Foundation; in addition, those nonprofits can use all Click & Pledge services on their own site as well, for no extra fee.
Are there any other fees for GiveBIG?
The Seattle Foundation covered outreach and media costs through partnerships with media sponsors to promote GiveBIG throughout the community. We also created a set of social media tools for all nonprofits to use in promoting their organizations during GiveBIG. Some nonprofits may have done additional promotions on their own.
For most nonprofits participating, GiveBIG was a very low-cost fundraising effort, particularly compared to other projects such as fundraising events and direct mail campaigns.
What has been the initial response from nonprofits participating in GiveBIG?
We've heard great feedback from participating nonprofits. We also received input from donor surveys that is very encouraging. For example, 70 percent of donors indicated that their GiveBIG donation was on top of or in addition to their regular gifts – meaning new money for local nonprofits.
How will GiveBIG work in future years?
We have gotten some early positive feedback about our inaugural GiveBIG event, and at this point we would anticipate that any future events would be similar in structure and duration. While we were not able to have credit card fees waived or minimized in GiveBIG's inaugural year, we will be looking at negotiating an even lower fee for future events, or finding a sponsor to cover some or all of these fees.
QUESTIONS?
Please contact us at
givebig@seattlefoundation.org or (206) 515-2109.