The 2018 September Accelerator is a crowdfunding campaign for nonprofits to raise funds for their project between Monday, September 10th, 2018 (09:00:01 EDT) and Tuesday, October 2nd, 2018 (23:59:59 EDT).
Projects that raise at least $5,000 USD from at least 40 unique donors during the Accelerator and complete the due diligence approval process will be considered a graduate and a permanent partner with GlobalGiving.
Projects that are unable to raise at least $5,000 USD from at least 40 unique donors during the Accelerator will be retired after October 2nd, 2018. Projects that have valid due diligence through January 2019 will be invited to participate in the 2018 Giving Season Accelerator.
Cash prizes!
Most Funds Raised: $3,000, $2,000, $1,000
Most Unique Donors: $1,500, $1,000, $500
Projects must raise at least $5,000 USD from 40 unique donors in the September Accelerator to be eligible for prizes. Prizes will be locked in at the conclusion of the campaign and are subject to review by GlobalGiving.
Promotional Prizes!
Social Media Spotlight: All projects that raise at least $7,500 from 50 unique donors during the Accelerator will be featured on GlobalGiving’s social media.
Homepage Time: Projects that raise at least $10,000 from 60 unique donors during the Accelerator will earn a spot on GlobalGiving’s homepage for a full day in the .
View all participant activity and prize allocation on the main Leaderboard.
Win an additional $1,000 cash prize by beating the record for most funds raised by a participant in the Accelerator Crowdfunding Campaign! The current record is set at $62,833.
Recurring Donors Count Twice: To encourage donors to set up recurring donations in support for your project, each active, unique recurring donor to your project counts twice towards your goal of 40 unique donors. (For example: If an organization gets three unique recurring donors, those three donors will count as six towards the Accelerator graduate goal of 40.) If a recurring donation is cancelled before the end of the Accelerator, the unique donor will only count once. Recurring donations to organizations that do not become GlobalGiving partners will be automatically canceled after the conclusion of the September Accelerator.
Recurring Donation Match: During the September Accelerator, new recurring donations up to $200 per donor per project will have their initial donation matched at 100% after the fourth donation. (Example: Your organization gets one $50 monthly donor during the September Accelerator. After their December payment, GlobalGiving will match the recurring donation at 100% with $50.) Should the recurring donation be cancelled before the fourth donation, the match will not be applied. Recurring donations made by project leaders or staff of the recipient project or organization are not eligible for matching. Recurring donations to projects of organizations that do not become GlobalGiving partners will be automatically canceled after the conclusion of the September Accelerator.
Bonus Day! From 00:00:01 EDT to 23:59:59 EDT on Wednesday, September 19th, 2018, GlobalGiving will have a $10,000 Incentive Fund that will be proportionally divided between organizations that activate throughout the day. There will also be $500 cash Bonus Prizes for the projects with the most funds and most unique donors on Bonus Day. See full Bonus Day Terms + Conditions below and on the Bonus Day Leaderboard.
Donation Methods & Eligibility:
Online donations, including GlobalGiving gift cards, and mobile donations through M-Changa will be accepted throughout the duration of the Accelerator Crowdfunding Campaign. Online donations made by credit card, debit card, PayPal, and Apple Pay must be made by the account or credit card holder.
Checks:
Checks received in the GlobalGiving offices by Tuesday, September 25th, 2018, will be included in the Accelerator and will count towards the number of unique donors for each project. Checks received after said date will be applied to the indicated project, but there is no guarantee they will count towards the Accelerator.
Send checks in USD and Canadian dollars to GlobalGiving’s DC office:
Make payable to: GlobalGiving Foundation
Mail to: 1010 Vermont Ave NW, Suite 550, Washington, DC 20005, USA
Indicate on the memo line the project # and name to which the funds should be applied and include your email address if you would like to get email updates on the project.
Amount: GlobalGiving accepts checks issued in the United States at and above $10 USD. GlobalGiving’s DC office will not cash checks from outside the United States in amounts less than $100 USD or equivalent in the local currency.
Send checks in GBP and Euros to GlobalGiving’s London office:
Make payable to: GlobalGiving UK
Mail to: GlobalGiving UK, 6 Great James St, London, WC1N 3DA, UK
Indicate on the memo line the project # and name to which the funds should be applied and include your email address if you would like to get email updates on the project.
Amount: GlobalGiving accepts checks issued in the United Kingdom at and above £5 GBP. GlobalGiving’s London office will not cash checks from outside the United Kingdom in amounts less than £80 GBP or equivalent in the local currency.
Wire transfers will be treated like checks and the same rules apply.
Cash donations and text-to-give donations will not count towards the Accelerator thresholds.
Please note that all donations are final. GlobalGiving cannot change the time, date, or status of a donation after it is processed for any reason.
Any activity not in the spirit of requesting separate individuals to support donations is being moderated by GlobalGiving, and GlobalGiving reserves the right to permanently disqualify organizations for any attempts of misconduct.
Unique donors are determined using numerous criteria, including name, email address, credit card number, mailing address, and IP address. We monitor these and other parameters in our system to ensure that only unique, distinct donors are counted towards the Accelerator thresholds and cash prizes.
Any transactions that are reported as fraudulent and/or reversed jeopardizes your participation and GlobalGiving retains the discretion to disqualify your organization from the Accelerator.
Funds raised through eligible partner platforms during the September Accelerator Crowdfunding Campaign may count towards the Accelerator threshold. Terms and Conditions apply.
Disbursements:
The exchange rate will be estimated at the time of the donation, but may be subject to change until the donation settles with the donor’s bank or credit card. Funds will be disbursed using the exchange rate based on the settlement value of each transaction.
GlobalGiving disburses funds near the end of the month after donations are received, with a few exceptions.
For participants who earn a permanent spot on GlobalGiving and for all US-based participants, funds raised in September will be disbursed at the end of October. Funds raised in October will be disbursed at the end of November.
Non-US organizations must raise at least $100 to receive a disbursement, which in most cases will be sent in late October. The only exception is if your organization raises funds in GBP in October, then a disbursement will sent in late November.
Non-US organizations that raise less than $100 USD will receive their funds when the organization’s combined amount raised on GlobalGiving exceeds $100 in a future Accelerator. If after two years when due diligence expires the organization has not raised a disbursable amount, GlobalGiving will reallocate the funds.
Please note that GlobalGiving maintains the right to make a final decision on all matters concerning the adjudication of unique donors and final results of the Accelerator.
Tax-Efficient Giving, Fee, & Vetting:
Tax-Efficient Giving: GlobalGiving is a registered nonprofit charity in the United States and England and Wales. Donations made by eligible donors in the United States can be claimed as tax deductible contributions on United States tax returns. Donations made by eligible donors in the United Kingdom can claim Gift Aid (an extra 25% added to eligible donations by the UK Government) when they donate in GBP. Gift Aid does not count towards project totals in the Accelerator but will appear in your Donation Manager once payment is received from HMRC (which may take up to 2 months).
Fees: GlobalGiving charges a 12% nonprofit support fee plus a 3% processing fee on organization’s first $5,000 raised on the platform. After organizations raise $5,000 on GlobalGiving, the nonprofit support fee is reduced to 5% for US and UK registered organizations and 7% for organizations registered outside the US and UK, and the 3% processing fee remains fixed. The fee does not apply to bonus prizes or matching funds awarded in the Accelerator. The GlobalGiving fee helps cover the costs we incur to conduct due diligence, to promote your organization and projects, to provide you with fundraising training and tools, and to maintain and improve our online technology in order to keep you connecting with new donors.
Interested in accessing the lower fee immediately? Participants have the option to pay a small start-up fee in advance of the Accelerator start date. Offer expires September 5th, 2018. To learn more about this offer, email accelerator@globalgiving.org.
Vetting: Due diligence for an organization is not completed and fully approved until the end of the Accelerator. GlobalGiving may conduct additional vetting and due diligence on your organization after your project raises funds in the Accelerator. You may be required to supply additional documents or information to verify your programs during the campaign. Your organization must complete the due diligence process in order to become an Accelerator graduate and long-term partner on GlobalGiving. If, upon further review, GlobalGiving determines that your organization does not fully comply with our vetting standards, your project may be removed from the site at any time during or after the Accelerator.
September 2018 Accelerator Bonus Day Terms + Conditions
During every Accelerator there is one “Bonus Day” in which GlobalGiving releases $10,000 USD incentive funds and $1,000 in cash prizes.
The 2018 September Accelerator Bonus Day will be from 00:00:01 EDT to 23:59:59 EDT on Wednesday, September 19th, 2018.
Only organizations participating in GlobalGiving’s 2018 September Accelerator are eligible to participate in this Accelerator Bonus Day.
Incentive Funds: On Bonus Day, Accelerator participants will compete for a share of a $10,000 Incentive Fund.
The Incentive Fund will be proportionally divided between organizations that activate during the day. That means, if your project raises 5% of the total amount of money raised on Bonus Day, your organization will receive 5%, or $500, of the $10,000 Incentive Fund.
Throughout the day, your portion of the Incentive Fund will be displayed and fluctuate on the Bonus Day Leaderboard. The leaderboard will recalculate every 3 minutes. At midnight EDT on September 19th, prizes will be locked.
Only online donations up to $5,000 per donor per project will count towards earning a portion of the Incentive Fund.
GlobalGiving will indicate in your donation manager which donations count towards your total raised on Bonus Day based on the time of the donation, the method of payment, and the unique donor criteria.
Bonus Day Cash Prizes:
Most Funds Raised: $500
Most Unique Donors: $500
GlobalGiving reserves the right to make final decisions on all matters concerning the allocation of cash prizes.
Offline donations that come in on Bonus Day will count on the Main Accelerator Leaderboard, but will not be reflected on the Accelerator Bonus Day Leaderboard or count towards Bonus Day prizes.
Prize money (incentive funds and bonus prizes) does not count towards the $5,000 and 40 donor thresholds.
Recurring Donations: On Bonus Day, any new, unique recurring donors secured will count as two unique donors towards the Most Unique Donor prize as well as towards the project’s overall donor count in the Accelerator. Read complete information about the recurring double count and match in the main Accelerator Terms + Conditions.
Please note that all donations are final. GlobalGiving cannot change the time, date, or status of a donation after it is processed for any reason.
Funds raised through eligible partner platforms during the September Accelerator Bonus Day will not count towards Bonus Day prizes (incentive fund and bonus prizes) but will count towards the Accelerator threshold. Terms and Conditions apply.
Information in the main Accelerator Terms + Conditions on tax-efficient giving, fees, exchange rates, disbursements, disqualification, unique donors, and vetting applies to the Accelerator Bonus Day.
For questions, please contact the GlobalGiving team: accelerator@globalgiving.org
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