While nonprofits typically spend a significant portion of their budget on fundraising (to hire personnel, contact donors, send mailers, plan fundraisers, etc), with Bright Funds, the maximum cost to a nonprofit is a small transaction fee consisting of payment processing and fundraising costs.
Processing costs may already be covered by your employer. If not, you have the option to cover the payment processing costs. A disbursement cost may apply according to the nonprofit’s payment method.
Payment processing costs
Payment processing costs include applicable fees from card processing merchants, international donation services, and other transaction services used by Bright Funds to process and disburse funds.
Fundraising costs include a small fundraising fee assessed by Bright Funds in order to provide the technology and services to efficiently process and disburse donations to nonprofits, thereby reducing nonprofit fundraising costs while providing a delightful giving experience for donors.
US-based nonprofits receive donation disbursements through ACH payments or paper checks. Paper checks may incur a per-check fee to accommodate the administrative costs associated with paper checks. We encourage every nonprofit to sign up for ACH payments, which do not incur a check fee. Nonprofits based outside of the US receive funds through wire transfer. Wire transfer fees may apply depending on the nonprofit’s bank.
Visit the Bright Funds Help Center for more information.