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:

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.