Become a social impact investor for as little as $50.
The Intuit PaymentNetwork
team works with many nonprofits that come to us with a similar problem: How can
I encourage more donations and maximize what is already being donated? In tough
economic times when nonprofits are fighting for donors, Intuit PaymentNetwork makes
it simpler than ever for nonprofits to accept bank-to-bank and credit card
transactions, helping them never miss a donation again.
Now, in addition to Intuit’s Donation Program, the Intuit
PaymentNetwork team is partnering with TechSoup to offer nonprofits
three months of free ACH payment processing to help get an extra boost from
To redeem this offer, TechSoup Global members should sign up for Intuit PaymentNetwork by April 15, 2013 — existing
QuickBooks customers may
sign up here.
QuickBooks Online customers here. Don't have
either? No problem - sign
up here. Once signed up for Intuit
PaymentNetwork simply email firstname.lastname@example.org to let the Intuit PaymentNetwork team know
you have signed up for Intuit PaymentNetwork through the TechSoup Global
network. Once we have confirmed your signup, we will send you an email to
notify you that we have turned off ACH fees for your account.
To help nonprofits utilize this partnership, the Intuit PaymentNetwork team
has some quick and effective ways nonprofits can maximize donations and
streamline the payment and donation collection process:
Make it easy to donate by
adding an Intuit PaymentNetwork button to your website or Facebook page so
customers have more ways to donate. Click here
to find out how.
Save time by using QuickBooks,
which is now easier
to use than ever for nonprofits and charities. QuickBooks users can avoid
double entry and bookkeeping errors through easy reconciliation of donations.
Know your peak donation season.
Research from The
Center on Philanthropy at Indiana University shows that forty-six percent
of nonprofit groups receive a majority of their annual contributions in the
fourth quarter alone (October – December). Your nonprofit may have a different
peak season, so determine when you get the biggest boost and make sure to put
an additional effort around collecting donations.
Lower your cost by
encouraging donors to pay directly from their bank account to avoid high credit
card fees. With Intuit PaymentNetwork, bank-to-bank (ACH) transactions only
cost 50 cents – regardless of the amount (and are free for your first 3 months
with this offer)! Below is a nonprofit user who lowered her donation costs for
the benefit of the children at the Los Altos School District.
The Los Altos Educational
an Intuit PaymentNetwork customer, is a nonprofit foundation that collects
donations for the Los Altos School District to help support programs in
library, music, PE & junior high electives that would not be possible due
to state funding cuts. Shobana Gubbi, the executive director, started using Intuit
PaymentNetwork to help lower their overhead costs and to help encourage donors
to contribute online donations.
spoke to Shobana about using Intuit PaymentNetwork to collect donations and
she said, "Because our average donation is around $1,000 we generally pay about
$25 of fees per donation so the 50 cent per transaction fee that Intuit
PaymentNetwork offers is a huge cost saver for our nonprofit." LAEF can now use
this additional money towards programs for students at the local schools,
rather than paying for overhead costs.
Do you have any helpful tips for nonprofits that you'd like
to share? Leave a comment in the space below!
Can you create an eCommerce button on website or Facebook that allows recurring (monthly) donation? (I can see how to do this for onetime donation, but not recurring.)
Is there any service other than PayPal that allows the donor to do this without staff having to set this up?
Paul, you might want to post this to the TechSoup Community forum instead - more people will see this question and you might be more likely to get a response.
Here are steps on how to do recurring payments (note that the function is currently not available for credit cards).
(1) Initiate the creation of a recurring payment in 1 of 2 ways:
- Send a payment
- On the left side of any page, click "Recurring Payments" and click "Create a recurring payment".
(2) Within the send payment form, turn on the "Make this a recurring payment" checkbox.
(3) Click the "First payment "date field and select a date for your first payment.
- Set the payment schedule.
- Finish sending the payment as you normally would.
Tip: To view a list of the recurring payments you set up, go to the left side of any page and click "Recurring Payments".
Hope that helps - if you have any other questions please ask!
This work is published under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International License.
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