Understand: Donor Advised Funds (DAFs)
Simplify the fundraising process by allowing a Donor Advised Fund to collect and distribute funds on your behalf.
The majority of RallyUp users should set up a Stripe or PayPal account for the easiest and most direct way to receive the funds you raise. If your organization can’t set up a Stripe or PayPal account, Donor Advised Funds (DAFs) can collect and distribute funds on your behalf. RallyUp has partnered with two DAFs: Pledge and GivingStream. You'll be presented with one option or the other depending on the kind of organization you're fundraising for.
Before You Begin
- Both Pledge and GivingStream charge fees in exchange for their services. RallyUp does not receive any portion of the fees charged by Pledge or GivingStream.
- If your Experience uses Flex pricing, a Platform Fee will also apply.
- Flex pricing offers a variety of ways to share fees with donors and offset costs: How-to: Pass Experience and Donation Page Fees on to Donors. Note that fees charged by Pledge or GivingStream cannot be directly passed to donors, but you can add a convenience fee to each transaction to help offset these costs.
- Experiences using a DAF are not eligible for Stripe or PayPal's discounted nonprofit payment processing rate.
Pledge
You'll be offered Pledge as a funding option if you're fundraising for one of the following organizations:
- U.S. registered 501(c)(3) organizations
- Vetted non-U.S. charities included in the Pledge database
Pledge charges the following fees:
- 3% handling fee for US organizations (+5% for international organizations)
- $5 disbursement fee per beneficiary organization
- 2.9% + $0.30 payment processing fee (additional fees may apply)
Funds distribution: Funds will automatically be delivered to the organization(s) within 15 days of the end of each calendar month. Pledge can issue funds via paper check or ACH payment.
Use Pledge
- Go to Settings in the left menu, then select Payment Processing:
- Scroll down to Alternative options and select Use Pledge (if your organization qualifies to use Pledge, you'll automatically see it as a payment option):
- Read the disclaimer and check the acknowledgment box, then select Use Pledge:
GivingStream
If you're fundraising for a U.S. charity organization that's not registered in Pledge’s database, you can apply to use GivingStream. At this time, non-U.S. organizations are not able to use GivingStream.
GivingStream charges the following fees:
- 3% handling fee
- $1.79 disbursement fee per beneficiary organization
- 2.2% +$0.30 payment processing fee (additional fees may apply)
Funds distribution: GivingStream will be automatically notified when your Experience ends. Funds will then be held for 90 days before disbursement to account for canceled payments. GivingStream issues funds via paper check.
Note: Raffles and Sweepstakes using GivingStream have a $10,000 fundraising limit.
Apply to Use GivingStream
- Go to Settings in the left menu, then select Payment Processing:
- Scroll down to Alternative options and select Apply to use GivingStream (if your organization qualifies to use GivingStream, you'll automatically see it as a payment option):
- Fill out the request form and select Submit request when finished. GivingStream's customer service team will contact you as soon as possible with next steps.
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