Revolutionize Nonprofit Fundraising
Posted: May 15, 2024
Unlock the Power of Better Giving’s Zero Fee Model:
In today’s dynamic world of nonprofit fundraising, where efficiency and impact are crucial, Better Giving stands out by offering nonprofits with a compelling proposition: a zero-fee model that maximizes the effectiveness of every donation.
This revolutionary approach ensures that nonprofits can direct more resources toward their missions, rather than overheads. Here’s how Better Giving leverages its unique financial structure to support a wide array of donation options and extensive product features—all without charging any fees to nonprofits.
How Better Giving’s Zero Fee Model Works
Better Giving operates exclusively to supports nonprofits by providing a platform that’s completely free of setup fees, recurring costs, and platform fees. A donor gives a donation worth $250 – the nonprofit gets sent $250.
But how do we make it work?
Donations Within the Platform
One key aspect of our service is encouraging small optional donations from donors when they contribute. This community-driven approach covers our operations and development costs without mandatory fees—so nonprofits get sent 100% of every donation.
Nonprofits may choose to opt-out of this donation prompt for Better Giving if they would instead prefer a platform fee of 2.9%, but our standard is to charge ZERO platform fees.
Extensive Product Features and Donation Options
Better Giving not only offers these services for free but also supports a wide range of donation options – the more options donors have, the more likely they can give.
Our simple platform facilitates donations via credit/debit cards, bank transfers, cryptocurrency, stocks, Donor Advised Funds (DAF), and checks. This comprehensive array of options ensures that donors can contribute in whatever way they prefer, making giving accessible and convenient for everyone.
This extensive feature set is provided absolutely free to all nonprofits, which is particularly remarkable considering the variety and complexity of the services offered. This aspect of our platform is crucial because it allows nonprofits of all sizes and focuses to benefit from advanced fundraising tools without the financial strain typically associated with such comprehensive features.
What does this mean for nonprofits? The Direct Impact of Our Zero Fee Model
By eliminating the cost barrier often associated with fundraising platforms, Better Giving ensures that more funds go directly to the programs and services that nonprofits are passionate about. Traditional platforms often siphon off a significant portion of donations through various fees, but with Better Giving, the entirety of a donation reaches its intended cause, thereby maximizing impact.
To illustrate the significant cost savings Better Giving offers, consider this direct comparison with traditional fee-based platforms:
- Traditional Fee-based Platforms: Typically charge a 2-5% fee on donations, along with monthly usage fees that can range from $20 to $200, depending on the features accessed.
- Better Giving: Charges $0 in fees, ensuring 100% of donations reach the intended nonprofits.
For a nonprofit receiving $100,000 in donations annually:
- Traditional Platform: Could lose $2,000 to $5,000 in donation fees plus up to $2,400 in annual platform fees, totalling up to $7,400.
- Better Giving: $0 goes to fees, meaning all $100,000 supports the nonprofit’s cause.
But there’s more!
Fiscal Sponsorship: A Global Lifeline
Unlike many other online giving services, Better Giving’s services are also available to nonprofits worldwide! That can now join their US counterparts, accessing US donors, enabling tax efficient US donations and of course, the zero-fees Better Giving platform.
To do this Better Giving offers fiscal sponsorship, a program that allows non-US nonprofits without existing 501(c)3 status to receive tax-deductible donations, but at a cost of just 2.9%—far below the typical 5-15% fees elsewhere. This service is a lifeline for smaller, global nonprofits without 501(c)3 status in the US.
By allowing them to receive tax-deductible donations under our umbrella, we foster inclusivity and level the playing field worldwide. No more heavy legal burdens holding back their impact.
And more! The Better Giving Sustainability Fund
Our optional Sustainability Fund lets donations grow for the long haul with ultra-low investment fees: just 0.21% quarterly and 12% on gains over 5%. The Sustainability Fund allows donations to be invested for long-term growth, ensuring that contributions continue supporting nonprofit causes far into the future.
You may have never thought about having an endowment, as it is too costly or too complicated. But the Better Giving Sustainability Fund solves all that and gives your donors access to a form of giving that is traditionally reserved for the multi-million or billion dollar foundations! A form of giving that has been around as long as. Well, many many centuries – take a look!
Join the Revolution: Zero Fees, Maximum Impact
Don’t let fees hold back your nonprofit’s potential. Embrace Better Giving’s zero-fee model to invest more into your vital mission—saving money today while growing your future impact.
With extensive donation options, standout fundraising tools, and uniquely low-cost fiscal sponsorship and investing services, we’re revolutionizing how the world gives.
All so YOU can revolutionize the world.
Say goodbye to fees, hello to impact. Join us today at Better.Giving
“Give today, give forever.”