FAQ’s
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What Is A Giving Group
A Giving Group brings a group of people with shared values together to collectively discuss and decide where to make a pooled gift. Giving circles support with their dollars, but also build awareness, volunteer, become board members and more.
How Long Have You Been Around
Bear Essentials Fund has been a registered 501(c)(3) non-profit since 2018 and our EIN is 82-4988730. We are the nonprofit that will facilitate the Giving Group Platform and distribution.
How Long Have Giving Groups Been Around
Giving Groups, Giving Circles, Collective Giving, Amplified Giving,etc., as a concept has been around for many years in many different formats.
What Is Your Lineage To Giving Groups
One of our stakeholders has successfully run the “The Giving Group of AZ” since 2017 donating over $400,000 since inception. Brian’s group has approximately 175 members and gives away $17,500 every 3 months and is growing.
What Is TGGAZ.Org’s Lineage to Giving Groups
They use the platform of Giving.Group which has helped raise $5 million dollars donated to 501(c)3 non-profits since 2017.
What Are We Doing That Is Different
We are focused on assisting Nonprofits & Associations as well as Corporations & Organizations to increase fundraising efforts or wanting to implement a corporate giving strategy.
How Does It Work
We provide a platform, support and service that collects, combines and distributes charitable donations that your group raises. Charitable giving clubs are a powerful way to raise money and build community. Setting up a giving group does come with some logistical challenges that we have solved. We make it easier for leaders to start and manage groups and easier for members to give.
The Simple Process
The concept is simple:
- Members: Automated quarterly contributions and one tax form at the end of the year.
- Leaders: Tax-free collection and distribution of funds leveragig an automated process.
- Recipients: One lump sum donations to nonprofits of choice.
How Much Do Members Get Charged
The amount of the donation can vary depending on what the group decides. Each transaction has a 3% fee to cover the credit card processing fee and check distribution.
Why Do You Provide This Platform
We were introduced to the concept of giving groups a few years ago and have watched the amazing impact and community building. We wanted to make it avaialable for nonprofits and businesses to create this amplified giving strategy.
Why Are You A Good Support Partner
It boils down to our passion for the nonprofit space. We live in the best of two worlds:
- Bear Essentials Fund our 501(c)(3) allows us to facilitate all of the functions and maximize the donations while using our volunteer hours with our team.
- Digital Cause is our digital agency that focuses specifically on helping nonprofits grow. That’s why the website, Giving Group Platform and ongoing maintenance and support are all in-kind donations.
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Call Us
Give us a call at 602.935.4220 or use our simple SCHEDULING TOOL to schedule a convenient time for our exploratory call.
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Quick Deployment
We create your landing page and provide you with all of the marketing and support materials you need for a great launch.
Processing Fee
The 3.5% is divided between credit card processing, administrative and legal fees for the Giving Group platform.