The MatchingFund.org Received $40,000 in Matching Funds
Mount Pleasant, South Carolina (PRWEB) January 13, 2015 -- The MatchingFund.org receives a $40,000.00 Angel Donor donation today in support of four organizations:
$10,000 Donation - Goal $50,000: This fundraiser is for helping meet the growing needs of homebound people in need of meals. Your gift can make all the difference to your homebound neighbors.
$10,000 Donation - Goal $50,000: A campaign for a comprehensive fundraising initiative to shape the next generation for the benefit of students, community and society.
$10,000 Donation - Goal $50,000: Fundraiser for Athletics to provide student-athletes the opportunity to maximize his or her potential as an individual, as a teammate and as a citizen.
$10,000 Donation - Goal $50,000: An Angel Donor has provided $10,000 to be matched to help build a church for the newest parish in America. This fundraiser will kick off in early 2015.
Now is the time to get involved and help these great Causes realize the full potential of this generous gift by Donating Now.
What is The MatchingFund.org?
Anyone can start a fundraiser using the platform. If the person who starts the fundraiser, provides a match, they are considered an Angel Donor.
Each Fundraiser has its own accounting. Each individual donation is tracked. Once a fundraiser ends The MatchingFund.org transfers the money to the Charity or Cause.
The MatchingFund.org is a 501(c)(3) Charitable organization. Tax deductible Donations can be made directly to TheMatchingFund.org. Angel Donations made to the general pool or to a specific cause can sponsor fundraisers across multiple years and be claimed as a deduction for the year they were donated.
The concept: Donate this year, take the deduction and then use the donation for the cause’s fundraisers across multiple years.
Donations through The MatchingFund.org are Tax deductible even if the receiving person, organization or group is not itself a tax exempt organization. This applies when there is a need for a person, group or community. For example; A Fundraiser was conducted for a child in critical need of eye surgery. Through generous donors $4,500 was quickly raised to pay for the surgery, she is doing well. All donations to this cause were tax deductible due to The MatchingFund.org’s IRS tax status.
The MatchingFund.org has a 2% operations fee. Angel donations are exempt from the 2% fee. Comparing that fee to other fundraising organizations it is six to eight percent less. Six to eight percent more money to support charities and causes. Only fundraising organizations with better than average ratings were used for the comparative analysis.
All of the donations to a specific charity or cause are distributed to the designated charity or cause. The MatchingFund.org does not do approvals or reallocate funds after the fact. A little known secret in fundraising is some large organizations accept donations for a specific charity and then disapprove the designated charity, probably for good reasons, and reallocate the monies to other causes.
Three ways to give:
Angel Donation to The MatchingFund.org - These donations give the board of directors the flexibility to provide Matching Funds to worthy charities and causes that might not otherwise have funds for matching donations.
Angel Donation to a specific charity or cause - This type of donation is for a matching fundraiser for a specific cause. Donations of this kind will only be used for the specified charity or cause.
Direct Donation - A direct donation occurs when a donor contributes to a charity or cause during a Fundraiser.
The MatchingFund.org is looking for more Charities and Causes to help raise funds for. To have a cause or charity listed, sign in via the Dashboard as a member and create a Fundraising campaign. To become an Angel Donor or if you have questions, please Contact The MatchingFund.org
Marty Hutchinson, The MatchingFund.org, https://thematchingfund.org, +1 (843) 822-7870, [email protected]
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