Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the advantage of a payroll deduction gift versus a one-time contribution?

0
Posted

What is the advantage of a payroll deduction gift versus a one-time contribution?

0

The payroll deduction benefit that United Way offers — year-round contributions deducted directly from a donor’s paycheck — allows for convenient giving on an installment basis in any amount. Often by using payroll deductions, larger gifts are possible because giving is incremental rather than all at once. A nonprofit, payroll deduction provides a steady cash flow, allowing it to plan its service delivery. Additionally, it is expensive for individual nonprofits to raise money and process gifts. Processing a larger check from United Way on a quarterly basis is much more efficient.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123