Screen Shot 2021-12-06 at 5.44.16 PM.png

BGDB CHAPTER
FUNDRAISING PROCESS 2022

Fundraising is NOT a requirement, however, individual BGDB chapters who wish to fundraise locally can do so by taking advantage of our national fiscal sponsor PPF

 

 

 

 

THE PROCESS...

 

1.  Must be an active chapter for at least one year (365 Days).

2. Must sign and return the

     • BGDB Chapter Agreement

3. Startup 

$150 Initial Bank Account Deposit (or amount of starting grant you've secured)

$78  DBA (Doing Business As) Fee 

---------------

$228 Total

4. Accounting will set up a bank account for your specific chapter. You will have a login with view-only access to the account. And you will receive a monthly transaction statement 

5. We will then add your chapter's name to the menu on the BGDB donation page for donors to select.

(You must use the BGDB provided link to share with potential donors.)

The Following Fees will be Accessed to Chapter's Donated Funds

ANNUAL FEES

Chapter Membership Fee: $0.00

Annual Fundraising Administration Fee: $0 (waived)

PER DEPOSIT FEES

PPF Management Fee:  6% of all deposits 

BGDB Management Fee: 3% of all deposits

Transaction Fees:   Paper Check Deposits - 0%

                                Electronic Check / ACH Deposits - 1%

                                Credit Cards (Visa, Mastercard) Deposits - 2.4%

                                Credit Cards (Amex) Deposits - 3%

6.  Sheroes/ Fund Advisors can retrieve donated funds by

 a.) Submitting a vendor invoice online for payment via check or ACH bank deposit.

 b.) Submitting the online form for reimbursement for out-of-pocket expenses solely related to the charitable purposes of the BGDB chapter.

(detailed receipts are required for all reimbursement or an invoice marked paid.  Reimbursement will not be processed off credit card or bank statements.)

7.  Invoices/Reimbursements/Grant Payments are processed weekly on Wednesday.  The cut-off for Wednesday payments is submission by the Tuesday prior at 11:59am. 

Screen Shot 2022-01-04 at 10.04.48 PM.png
2fee00_432df89b059643f4977ebcb5b27c45a0 (1).jpg