Q. What is CLLCTIVGIVE?
CLLCTIVGIVE is a day of giving fueled by the power of social media and collaboration. CLLCTIVGIVE is an initiative of CLLCTIVLY.
CLLCTIVGIVE is designed to ignite support for organizations that often go unnoticed and under-resourced.
Q. Who is CLLCTIVLY?
CLLCTIVLY is a social impact organization in Baltimore with a mission to end the fragmentation and duplication of programs and to be a resource for the Greater Baltimore community that seeks to find, fund and partner with Black social change organizations.
Founded in January 2019, CLLCTIVLY is creating an ecosystem to foster collaboration, increase social impact, and amplify the voices of Black-led organizations in Greater Baltimore.
Q. When is CLLCTIVGIVE?
CLLCTIVGIVE is on August 7th, 2020 from midnight to 11:59 PM.
Q. Which organizations can participate?
Black-led organizations that are verified 501( c )(3) charitable nonprofits or fiscally sponsored that are headquartered or provide services in Greater Baltimore. (CRITERIA FOR BLACK-LED ORGANIZATIONS -Non-profit organizations or projects where 51 percent or more of the leadership (board or governing body) identify themselves as Black.)
Q. Who can donate?
Anyone may donate. Donations through the CLLCTIVGIVE online portal to charitable nonprofit organizations are tax-deductible and cannot be refunded. Contributions may be made via credit and debit card only. Donations will be received and receipted by GiveGab.
Q. What is GiveGab?
GiveGab is a nonprofit giving platform that helps nonprofits to raise money, engage donors and manage volunteers quickly and efficiently. GiveGab offers a full portfolio of simple and easy to use products that allows organizations to function in a more streamlined manner.
Q. How will donations be distributed?
Each donation made to the benefit of a participating nonprofit will be disbursed directly from GiveGab, net of fees, in approximately five days via direct deposit.
Q. How much of my donation goes to the nonprofit?
GiveGab retains a 3% campaign management fee from all donations. Credit Card processing fees are an additional 2.2% + $0.30 for all major credit cards (Visa, MasterCard, American Express, and Discover). You are given the option to cover the fees and if you choose this option, 100% of your online charitable gift will go to the receiving organization. All donations are final and cannot be refunded. A qualifying gift using the ACH method will incur the 3% campaign management fee and a $3.00 flat fee. Any donations processed outside of the CLLCTIVGIVE donation period, through GiveGab.com, or subsequent recurring donations are subject to transaction fees outlined on the GiveGab.com pricing page: http://info.givegab.com/pricing.
Q. Who will receive my contact information?
The organization(s) you choose to support will have access to your name and email address. This information is used solely to send thank you messages, provide the option to receive future notifications, and to notify you of future activities.
Q. Do I need to create an account with GiveGab?
No. You do not need to create an account to make a donation. The benefits of creating an account include having your tax receipts collected in one location, being able to track your donations, follow the charities you support, and engage in future volunteering and donations. Your tax receipt is emailed immediately upon processing your donation. To claim a donation as a deduction on U.S. taxes, you should retain the donation receipt as an official record.
Q. Can I make donations via a mobile device?
Yes! Simply visit CLLCITVGIVE.COM on your mobile device.
Q. Can I pre-schedule a donation for CLLCTIVGIVE?
You cannot pre-schedule your CLLCTIVGIVE gift, but you may make a donation to a participating nonprofit before or after the CLLCTIVGIVE. In order for your donation to be counted towards prize incentives awarded on CLLCTIVGIVE it must be made between midnight and 11:59 p.m. on August 7th, 2020.
Q. What is state charitable solicitation registration?
Nonprofits are held to a high standard of government regulation and public scrutiny. And that is with good reason! Eligible 501(c) nonprofits are exempt from federal corporate taxes and have access to public funding. These benefits are not typically available to for-profit businesses, so laws are in place to protect the public and ensure nonprofits do not abuse their financial advantages. The IRS and states all have requirements for nonprofits.
Q. Why is state charitable solicitation registration compliance important?
While 501(c) nonprofits receive key financial benefits, the penalties for noncompliance can be serious. The IRS can revoke a nonprofit’s tax exemption and impose fines that can accrue daily. The states can administratively dissolve a nonprofit corporation and levy steep financial penalties. Perhaps worst of all, an organization can lose out on a grant or large donation because it has not kept itself in good standing.
Taking a proactive approach to compliance helps ensure the sustained success of the organization. The cost of staying compliant is small in comparison to the much larger costs of noncompliance. The saying, “an ounce of prevention is worth a pound of cure” could not be more true in this context.
Q. What are the key aspects of state charitable solicitation registration compliance?
The IRS provides tax exemptions to eligible nonprofits under IRC 501(c). Public charities and private foundations receive 501(c)(3) tax exemption. The IRS scrutinizes organizations when they apply for 501(c)(3) but also ensures that those organizations meet the ongoing obligations to remain eligible. Nonprofits must file a 990 tax form each year with the IRS to disclose their financial data for the year.
Each state has their own set of requirements. Nonprofits are typically incorporated in a given state as a nonprofit corporation. The state in which the nonprofit has incorporated will impose requirements on the nonprofit, and those responsibilities typically span across multiple state agencies. Usually nonprofits must submit an annual filing to the corporations division of the secretary of state, maintain its license to fundraise (charitable solicitation registration), file for a state business license, and maintain state-level tax exemption with the revenue department. As nonprofits expand outside of the state or operate nationwide, they must comply with the same items in each other state as well.
In addition to IRS and state filing requirements, nonprofits must keep adequate records. Keeping accurate and complete records is critical in the event that an organization is audited. It is also common that board members or donors request information from the organization. Finally, records are necessary for submitting applications and renewal filings with various government agencies.
Q. When I check the box on GiveGab to declare state charitable solicitation registration compliance, what am I attesting to?
When you check the box you are attesting (defined as "declaring that something exists or is the case") that your organization is compliant with applicable state fundraising requirements in the states in which you may solicit donors using the GiveGab platform.
Q. Do you have additional resources to reference about state charitable solicitation registration?
Yes! Here are a few more resources from Harbor Compliance to help you:
- Guide and Overview of Many Nonprofit State by State Compliance Requirements
- Guide and Overview Specific to Fundraising Compliance
- National Council of Nonprofits and Harbor Compliance have partnered to create a white paper explaining the state charitable solicitation registration requirements.
- A Quick Summary of Charitable Solicitation in Graphic Form
- Executive Brief: Charitable Solicitation Registration (great for driving awareness and support with leadership and the board)
- State by State Links to the State Organizations that Regulate Charities, Solicitation, and Registrations
Q. How can I ensure my organization receives it's donations?
In order to receive your donations via ACH transfer, GiveGab requires a checking account eligible to receive ACH transfers and withdrawals. Your donations will be deposited within 24-48 hours after the first transfer is successful, which can take up to 7 business days.
If your organization supplies the wrong type of bank account (such as a savings account), or the wrong account numbers, GiveGab will be in touch! After 30 days, if GiveGab hasn't heard from your organization, they will refund your gifts back to your donors.