The expense and resource consumption associated with institutional fundraising can diminish significantly simply by promoting PayForward membership among your students, their parents, and/or your donor community.
Once members join, PayForward can set up automatic or voluntary rebate allocations to a reserved education savings “purse” in their PayForward account. Then a portion of every rebate those members earn by shopping at participating merchant partners can be allocated directly into that purse.
Additionally, these earnings can be augmented through friends and family allocating portions of their rebates and/or transferring funds directly to the member’s reserved purse.
Accumulated funds can then be transferred on a scheduled or ad-hoc basis to your institution in the form of tax-deductible donations. PayForward provides full reporting so that you can easily track contributions and acknowledge your donors.
Alternatively, the PayForward education purse can also be restricted to the purchase of books, supplies, or other educational material by the student or parents.