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At Colorado Gives Foundation, we are committed to providing full transparency about the fees associated with donations made through ColoradoGives.org. Below is a breakdown of how these fees work, what they support, and how choosing to cover them benefits nonprofits.
ColoradoGives.org is free for nonprofits to join—we don’t charge membership fees, ensuring the platform remains accessible and inclusive for all eligible nonprofits serving Colorado communities. To maintain this year-round giving platform and sustain the efforts behind Colorado Gives Day, a 3.99% optional transaction fee is presented with every donation. In 2023, 91% of donors opted to cover the fee, helping nonprofits receive the full value of their intended donations.
What is the 3.99% fee breakdown?
At Colorado Gives Foundation, we are committed to providing full transparency about the fees associated with donations made through ColoradoGives.org. Below is a breakdown of how these fees work, what they support, and how choosing to cover them benefits nonprofits.
ColoradoGives.org is free for nonprofits to join—we don’t charge membership fees, ensuring the platform remains accessible and inclusive for all eligible nonprofits serving Colorado communities. To maintain this year-round giving platform and sustain the efforts behind Colorado Gives Day, a 3.99% optional transaction fee is presented with every donation. In 2023, 91% of donors opted to cover the fee, helping nonprofits receive the full value of their intended donations.
What is the 3.99% fee breakdown?
The total fee when you choose to cover is 3.99%. This consists of:
- 2.05% is used for payment processing.
- 1.94% is an optional fee applied only when donors choose to cover it. This fee helps support the cost of maintaining and enhancing ColoradoGives.org in partnership with our software provider, Mightycause. It also contributes to the administration of Colorado Gives Day and ongoing year-round giving efforts.
Can I choose to cover the fee?
You’ll have the option to cover the fee when donating via credit card, bank account, IRA, donor advised fund (DAF) or wire transfer. However, the fee will be waived if you donate through your Colorado Gives Foundation DAF or make a donation of $100,000 or more using an IRA, DAF or wire transfer.
How are the fees applied?
If you do not cover the fee:
- The 2.05% payment processing fee is deducted from your donation before it is sent to the nonprofit.
Example: A $100 donation results in the nonprofit receiving $97.95 after the 2.05% fee is deducted.
- The 2.05% payment processing fee is deducted from your donation before it is sent to the nonprofit.
If you choose to cover the fee:
- The 3.99% total fee is added to your donation, ensuring the nonprofit receives the full amount.
Example: A $100 donation will result in a $103.99 total charge ($100 donation + $3.99 fee), and the nonprofit receives the full $100.
- The 3.99% total fee is added to your donation, ensuring the nonprofit receives the full amount.
Why should I cover the fee?
When you cover the fee, you:
- Ensure your full donation amount reaches the nonprofit.
- Support a year-round, free fundraising platform for nonprofits.
- Enable ongoing improvements to enhance the giving experience for donors and nonprofits.
- Help sustain Colorado Gives Day and the statewide giving platform, fostering a stronger community.
The total fee when you choose to cover is 3.99%. This consists of:
- 2.05% is used for payment processing.
- 1.94% is an optional fee applied only when donors choose to cover it. This fee helps support the cost of maintaining and enhancing ColoradoGives.org in partnership with our software provider, Mightycause. It also contributes to the administration of Colorado Gives Day and ongoing year-round giving efforts.
Can I choose to cover the fee?
You’ll have the option to cover the fee when donating via credit card, bank account, IRA, donor advised fund (DAF) or wire transfer. However, the fee will be waived if you donate through your Colorado Gives Foundation DAF or make a donation of $100,000 or more using an IRA, DAF or wire transfer.
How are the fees applied?
If you do not cover the fee:
- The 2.05% payment processing fee is deducted from your donation before it is sent to the nonprofit.
Example: A $100 donation results in the nonprofit receiving $97.95 after the 2.05% fee is deducted.
- The 2.05% payment processing fee is deducted from your donation before it is sent to the nonprofit.
If you choose to cover the fee:
- The 3.99% total fee is added to your donation, ensuring the nonprofit receives the full amount.
Example: A $100 donation will result in a $103.99 total charge ($100 donation + $3.99 fee), and the nonprofit receives the full $100.
- The 3.99% total fee is added to your donation, ensuring the nonprofit receives the full amount.
Why should I cover the fee?
When you cover the fee, you:
- Ensure your full donation amount reaches the nonprofit.
- Support a year-round, free fundraising platform for nonprofits.
- Enable ongoing improvements to enhance the giving experience for donors and nonprofits.
- Help sustain Colorado Gives Day and the statewide giving platform, fostering a stronger community.
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