Recurring Giving

Diamond Mind Offers the Expertise and Tools to Implement a Program for Recurring Giving

The concept of Recurring Giving is simple: parents, alumni, or other donors commit to a gift that is paid regularly, usually, but occasionally every other month or quarterly. What makes this type of gift different from any other type of web-based giving is that these donors are faithful supporters who wish to demonstrate their commitment with regular, ongoing gifts.

When enrolling in a Recurring Gifts Program, contributors give permission to charge their credit card every month for a set amount or automatically withdraw donations from their bank account.

Many schools have not encouraged this type of giving because they feel the staff time it takes to enter the gift each period, on the correct day, is excessive. And, when handled manually it is.

Fortunately, there are simple, and inexpensive systems that allow a Development office to set a giver up once, and have the gift automatically charge the credit card on the correct day. In many cases, we have found that schools already have such capability in place, but do not realize it. We provide the very inexpensive systems when needed, the training, and even sample communications to make a recurring gifting program successful. Your donors will appreciate having a greater portion of their gifts go to supporting your mission instead of administrative costs.

A direct benefit for the donors paying by credit card or savings and checking accounts is that it is very safe, and makes it very simple and efficient for the School.