With our new online giving form for the Annual Fund, we thought it would be good to provide helpful information about the benefits of online giving, and some specifics about the new form and how it works.
Benefits of Online Giving
Making a gift online helps the school in various ways – it helps reduce fundraising expenses by saving money in printing, postage, and the resources involved in gift processing. That reduction in cost helps each gift make a bigger impact.
The online giving form is secure – both as it is hosted on our site, and in terms of the payment process.
Gifts are processed via PayPal. You do not need a PayPal account to make a one-time gift, but if a donor has one, they can login to their account during the payment process to complete the transaction.
All major credit cards are accepted.
We do have to set a minimum gift amount on the online giving form of $10. It helps to make sure we can cover any credit card fees associated with a transaction.
One Time gifts vs. Recurring Gifts
Gifts can be made as one-time gifts, or as recurring gifts.
You do not need a PayPal account to make a one-time gift, but you do need to have a PayPal account to make a monthly recurring gift.
With recurring gifts – when a donor enters the amount they would like to give in the amount field on the form, the donor is charged the same amount each month. Donors can set the end date for when they want their recurring gift to end so the donor is in control of the amount and length of time of their gift. The first monthly recurring gift amount is charged immediately, and the same amount will then be charged in the following months, until the donor’s end date is reached.
The ability to make a recurring gift online with your credit card is in essence the same thing as making a pledge, and also helps the school in reducing costs in that pledge reminders do not need to be printed and mailed saving both time and money for the school.
When a donor makes a gift online, they receive an automated confirmation e-mail with the gift information.
The school will also send a separate gift acknowledgement letter.
There is a new way to submit your Matching Gift through a searchable database managed by a third party company. The Matching Gifts link in the new online giving form will direct you to a page on the St. Cecilia website where you can search for your company, and your company’s Matching Gift website and information.