article thumbnail

Mastercard to Exempt Nonprofits in Good Standing From Recurring Donation Regulations

NonProfit PRO

Mastercard announced the recurring donation regulations that took effect Sept. 22 — and were going to kick in March 21, 2023, for nonprofits — will now be deemed best practices and not required for for-profit or nonprofit merchants, as long as they aren’t cited with excessive chargebacks. .

Donation 354
article thumbnail

Top 6 Reasons to Focus on Recurring Donations for Nonprofits

Nonprofit Tech for Good

When a donor signs up for a recurring donation online, there are no checks to mail and no monthly reminders needed; much of the expense and hassle on the nonprofit’s side have been eliminated. In light of these advances, it’s time for your nonprofit to consider developing its own online recurring giving program.

Donation 342
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Donate Now, Pay Later is Transforming Millennial & Gen Z Giving for Nonprofits

Nonprofit Tech for Good

Clair , Co-Founder & COO at B Generous – the first-ever platform allowing nonprofit donors to “Donate Now, Pay Later”. They have a charitable and philanthropic mindset, and yet, many nonprofits say millennials aren’t showing up treasure-wise in the same way as previous generations. Why Do Younger Donors Donate Less?

Donation 342
article thumbnail

How to Show Donors the Impact of Their Donations to Your Nonprofit

Nonprofit Tech for Good

A major motivator for generous giving to nonprofit organizations is contributing to a solution and changing something for the better. According to the Fidelity Charitable Overcoming Barriers to Giving Report, 65% of donors would give more if they knew the impact of their donations. 2) Give social media shoutouts. 4) Give outcomes.

Donation 325
article thumbnail

The Denan Project - Leveraging WhatsApp for Good

As part of building a new supporter journey (from making a one-time donation to becoming a sustaining supporter), The Denan Project set out to shorten the time between the first donation and the recurring donations.

article thumbnail

Classy and Venmo Partner to Drive Nonprofit Donations This GivingTuesday

NonProfit PRO

This GivingTuesday, Venmo and Classy, an affiliate of GoFundMe and giving platform that empowers nonprofits to connect and build lasting relationships with donors, are teaming up to encourage individual users to donate to organizations that matter most to them through Venmo.

Donation 298
article thumbnail

The Ultimate Guide to Recurring Donations for Nonprofits

Nonprofit Tech for Good

By Network for Good — an easy-to-use all-in-one nonprofit fundraising platform. Recurring giving is when a donor makes regular, ongoing donations to your nonprofit. These consistent gifts, known as recurring donations, help your organization’s long-term fundraising success and retention goals.

Donation 249