GiveWP’s “Funds and Definitions” feature is a powerful tool for effectively structuring and managing donations. Here is a summary of its capabilities and functions:
Key Features:
- Donation Fund Management:
- Create and manage multiple funds to allocate donations effectively.
- Differentiate between general funds and specific funds (e.g., building fund, holiday giving, etc.).
- Unlimited creation of donation funds tailored to your needs.
- Donor Choice:
- Allow donors to select specific areas of need or funds they wish to contribute to within the donation form.
- Customize and organize funds to align with different campaigns, budget items, or organizational funds.
- Fund Reporting:
- Access dedicated reporting panels for each fund to track and analyze donation performance.
- View fundraising reports by both form and fund, providing insights into where donors are making the most impact.
- Integration with Donation Forms:
- Integration with GiveWP forms allows for seamless pairing of forms with funds.
- Use multiple forms to channel donations into the same or different funds, providing flexibility in organizing fundraising efforts.
- Flexibility and Customization:
- Customize funds and designations according to your organization’s needs, including renaming, adding, or reassigning funds.
- Match accounting funds or specific fundraising goals by setting forms to a specific fund or allowing donors to choose.
- Fundraising Income Analysis:
- Gain a comprehensive understanding of your fundraising income by tracking each fund’s performance separately.
Implementation:
- Pair funds with donation forms to allow donors to contribute to specific areas or select a “Donor’s choice” option.
- Choose whether donors can select funds themselves or have them preset on the form.
- Tailor funds to work with multiple forms or fundraising campaigns to reach individual goals effectively.
Accessing Funds and Designations:
- This feature is available with GiveWP’s Plus or Pro Pricing Plans, offering access to this functionality alongside other add-ons.
GiveWP’s Funds and Assignments feature provides a versatile solution for organizations to efficiently manage, allocate and track donations, providing donors with choice and transparency in their contributions.
